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NIGERIA NEWSPAPERS: TODAY'S THE VANGUARD NEWSPAPER HEADLINES [12 FEBRUARY , 2018].


Below are the headlines found on The Vanguard Online Newspaper for today, Monday, 12 February, 2018.

Mon, 12 Feb 2018
The Peoples Democratic Party, PDP, and the All Progressives Congress, APC, were yesterday locked in a war of words over the propriety of President Muhammadu Buhari continuing to serve as Minister of Petroleum Resources, given the attendant fuel crisis in the country.
The face-off between the two parties came as a civil society group, Spaces for Change, expressed concern at the weekend that the passage of the Petroleum Governance Industry Bill, PGIB, could be of no effect to the industry if the President continued to serve as Minister of Petroleum. The assertion of the group was, however, debunked by another civil society group, Civil Society Advocacy and Legislative Centre, CISLAC which averred that the coming into law of the Petroleum Industry Governance law would make the minister essentially nominal. The PDP, commenting on the unending fuel supply crisis in the country, observed that President Buhari as Minister of Petroleum should accept responsibility for the manifest failure in the oil sector, even as his government should be held responsible for the exacerbated economic and security situation in the country. PDP National Publicity Secretary, Kola Ologbondiyan, in a statement said it was disheartening that instead of being remorseful for its failures, the APC-led government was busy dishing out lies and fabricated indices in an attempt to give Nigerians false hope on issues related to the fuel crisis and the collapsing national economy. The Promise The party also said the fact that the Presidency has unapologetically failed to fix a national problem, which in December 2017 it promised to resolve within one week, showed it had no solution but intended to continue to hold the nation to ransom. PDP stated:  “The inherent poor coordination, inefficiency and reported heavy sleazes in a sector that is under the direct supervision of the President, raise a lot of issues and speak volumes of the evident mismanagement of the system for which the economy is now in complete shambles. “It is an appalling height of insensitivity that the President, as the Minister of Petroleum Resources, has failed to take any decisive steps to arrest the situation, which has remained unabated since the last Yuletide. “Rather, the sector has been delivered to an APC cabal, whose mission, particularly, the desperate re-election bid, largely accounts for the biting fuel situation and the economic misery Nigerians suffer today. “It is instructive to state that the Presidency has refused to offer any explanation on the allegations linking the fuel crisis to the exposed siphoning of billions of naira through shady oil subsidy deals and the illegal lifting of crude oil worth trillions of naira, ostensibly to service APC interests ahead of the 2019 general elections. “The point is that owing to the ineptitude of the Buhari Presidency and the desperation to remain in power, millions of Nigerians are languishing. “The economy has further dipped in the last two months of this harrowing fuel situation; more businesses have folded up, prices of essential goods are skyrocketing and families are, more than ever before, under intense pressure of meeting economic demands. “Currently, marauders have chased farmers away from farmlands while Buhari Presidency continue to wax lip sermons on serious issues of insecurity. “We call on President Buhari to quit this all important ministry of petroleum resources and allow competent hands to save our people from the anguish and pains they have been subjected to in the last few months.” They don’t know the workings of the Presidency — APC Describing PDP’s call as an opinion, the National Publicity Secretary of the APC, Bolaji Abdullahi, said the party lacked understanding of the workings of the Presidency. Abdullahi said: “It is their opinion since they think they know better how to run the Presidency. Are they saying the President does not have the power to appoint himself as Minister or what are they saying? “That is the only thing they can think of as solution. Are they saying the only solution is for the President to step down? That is absolutely their opinion. What they are saying demonstrates ignorance of presidential authority. “The presidential power is vested by the constitution on only one person and that is the President of Nigeria. The President is not obliged to listen to them.” PIGB Meanwhile, a non-governmental organisation, Spaces for Change, has expressed concern that despite the enactment of the PIGB, the industry would continue to be strewn in crisis so long as the President remained the Minister of Petroleum Resources. The PIGB was aimed, among other things, to enable the nation reduce or shift the excess powers commanded by the Minister of Petroleum Resources to the proposed Nigerian Petroleum Regulatory Commission, NPRC. Victoria Ibezim-Ohaeri, Executive Director of Spaces for Change Nigeria, disclosed in an email to Vanguard that: “The first thing to notice in HB477, that is, the version of the PIGB recently passed by the House of representatives, is the remarkable improvement made to the earlier version passed by the Senate (SB237). Particularly remarkable is the recommendation to transfer the Minister’s power to grant, amend, renew, extend or revoke any license or lease required for petroleum exploration to the Nigerian Petroleum Regulatory Commission (NPRC). “This review addresses concerns about arrogating excessive powers to the person of the minister rather than to independent institutions which can easily give room to abuse of power, patronage and political interference. Notably too, HB477’s recommendation further clarifies with specificity, who the minister can delegate powers to.

Mon, 12 Feb 2018
There are indications that the coming on stream of the $16 billion Egina project will enhance the revenue profile of Nigeria and other stakeholders as plans have been concluded to export one million barrels in January, 2019.
Investigations by Vanguard over the weekend showed that with its 200,000 barrels per day, bpd output, the project will yield one million barrels for export within the first two weeks of production. A top official of Total who confirmed the plan, but preferred not to be named  said at the current $67.0 per barrel, the one million barrels will amount to $67 million (N20.0 billion), at the exchange rate of N305 per dollar. He disclosed that: “The proceeds will benefit the major stakeholders – Total, that  operates the project in partnership with the Federal Government through the Nigerian National Petroleum Corporation, NNPC, China National Offshore Oil Corporation, CNOOC; South Atlantic Petroleum Limited, SAPETRO and Petróleo Brasileiro S.A., Petrobras. “Everything is moving according to plan. The floating production storage and offloading (FPSO), the largest ever installed in Nigeria (330-metres long), that was constructed in South Korea has already arrived Nigeria. Egina will certainly be completed towards the end of 2018. “The production of 200,000 bpd will start in January for storage in the FPSO.  Within the first two weeks, we will have the first one million bpd ready for export. Egina is a very big project that will make much impact on all stakeholders and Nigeria’s economy. “The floating production storage and offloading, FPSO, that was constructed in South Korea has already arrived Nigeria. This facility is important as it will enable us to store the product for export.” Egina is biggest project — Total The Managing Director, Total Upstream Companies in Nigeria, Nicolas Terraz, had described Egina as the biggest project currently ongoing in the nation’s oil and gas industry, adding that ‘this is for me a collective success’. “Together with our partners, we are kind of making history. It is the first time we will have such a big vessel and such an activity of integration taking place in Nigeria. So, I am grateful to the partners and the authorities. “I think Total has taken the unique position to invest significantly in Nigeria when times are difficult. Two years ago, the oil price was below $50 per barrel, and still we have continued to invest in deepwater in Nigeria.”

Mon, 12 Feb 2018
GOVERNOR Udom Emmanuel of Akwa Ibom State has commended a lawmaker in the state House of Assembly, Mr Friday Iwok for empowering over 400 members of his constituency.The post Gov Emmanuel hails lawmaker for empowering 400 constituents appeared first on Vanguard News. 

Mon, 12 Feb 2018
FORMER Senator representing Ekiti North Senatorial District, Mr. Ayo Arise yesterday said he stands a better chance to win the 2018 governorship election for the All Progressives Congress, APC, than former governors Segun Oni and Kayode Fayemi.The post EKITI GOV POLL: I'm better fit for APC winning strategy than Oni, Fayemi ' ARISE appeared first on Vanguard News. 

Mon, 12 Feb 2018
Chairman, Christian Association of Nigeria, CAN, South-South, Archbishop God-Dowell Avwomakpa, has called on concerned Nigerians to come to the aid of coastal communities in the Niger Delta region, as many are in danger of extinction.The post Archbishop makes case for coastal communities appeared first on Vanguard News. 

Mon, 12 Feb 2018
IN the course of my work as Commissioner for Lagos State Ministry of Establishments, Training, and Pensions, I have come to appreciate, more than ever before, the importance of business and professional ethics for both economic growth and other important aspects of development.The post Business, Professional Ethics on the Economic Growth in Nigeria appeared first on Vanguard News. 

Mon, 12 Feb 2018
IJAW youths under the aegis of Ijaw Youth Council, IYC, have said they will soon meet to take a stand on the attack by suspected herdsmen on its former president, Dr. Chris Ekiyor and other Ijaws.The post Ijaw youths to meet over attack on ex-president by herdsmen appeared first on Vanguard News. 

Mon, 12 Feb 2018
THE general elections of 2019 will be about the citizens taking back the country from those that have turned it into a private estate.The post 2019 is about taking back Nigeria Presidential hopeful appeared first on Vanguard News. 

Mon, 12 Feb 2018
The Alumni Association of Ladoke Akintola University of Technology, LAUTECH, has faulted the Osun State House of Assembly for opposing the appointment of an external auditor by the Governing Council of the institution.The post LAUTECH Alumni faults Osun Assembly over external auditors appointment appeared first on Vanguard News. 

Mon, 12 Feb 2018
Chinua Achebe (16 November 1930 ' 21 March 2013) is as tall and huge as an Iroko tree on the global literary scene. Similarly, his classic novel, Things Fall Apart (1958), is one of, if not the most successful piece of literary works that sprouted from the mind of an African.The post Diamond anniversary of Chinua Achebe's Things Fall Apart resonates in Africa appeared first on Vanguard News. 

Mon, 12 Feb 2018
Former Super Eagles coach, Samson Siasia is happy with the friendly matches lined up for the Super Eagles ahead of the 2018 FIFA World Cup finals.The post Eagles World Cup plan excites Siasia appeared first on Vanguard News. 

Mon, 12 Feb 2018
THE Annual Open Golf Tournament of the Nigerian Society of Petroleum Engineers (SPE) ended in Port Harcourt, Rivers state, Saturday, with participants reaching out to improve awareness on care for the heart and support recovery of those with ailing hearts.The post SPE, foundation play golf to heal ailing hearts appeared first on Vanguard News. 

Mon, 12 Feb 2018
For all things under heavens, there is a time. A time to be born and a time to die. And in between is the time to live. It is the wish of all mankind to live a worthy and accomplished live here on earth. Sextus Propertius quote 'that death is best which comes appropriately at a ripe age'.The post Mallam Yusufu Buratai: A tribute to a veteran appeared first on Vanguard News. 

Mon, 12 Feb 2018
The Minister of Youth and Sports Barrister Solomon Dalung will receive the the first Nigerian male and female runners to reach the finish line at the just concluded Acces Bank Lagos City Marathon on Tuesday in Abuja.The post Dalung hosts Nigerian marathon winners appeared first on Vanguard News. 

Mon, 12 Feb 2018
ECONOMISTt and financial analyst, Mr. Opeyemi Agbaje, has criticized the federal government's debt-led economic strategy, advocating an investment-led strategy in managing the nation's economy.The post Drop debt-led economic strategy, Agbaje tells FG appeared first on Vanguard News. 

Mon, 12 Feb 2018
THE Annual Open Golf Tournament of the Nigerian Society of Petroleum Engineers (SPE) ended in Port Harcourt, Rivers state, Saturday, with participants reaching out to improve awareness on care for the heart and support recovery of those with ailing hearts.The post SPE, foundation play golf to heal ailing hearts appeared first on Vanguard News. 

Mon, 12 Feb 2018
National Insurance Commission, NAICOM, said it is targeting 15 more companies for the Index-Base Agriculture Insurance, IBAI.The post NAICOM targets 15 other insurance companies for IBAI appeared first on Vanguard News. 

Mon, 12 Feb 2018
ECONOMISTt and financial analyst, Mr. Opeyemi Agbaje, has criticized the federal government's debt-led economic strategy, advocating an investment-led strategy in managing the nation's economy.The post Drop debt-led economic strategy, Agbaje tells FG appeared first on Vanguard News. 

Mon, 12 Feb 2018
A former governorship aspirant of All Progressive Congress, APC, and Deputy Woman Leader of the party in Edo State, Mrs Tina Agbarha, has defected to Peoples Democratic Party, PDP.The post Edo APC woman leader defects to PDP appeared first on Vanguard News. 

Mon, 12 Feb 2018
THE number of companiesflouting the post listing requirement of the Nigerian Stock Exchange, NSE, regarding timely disclosure of financial performance rose by 37.5 percent in 2017, prompting shareholders to call for sanctions on directors of the companies.The post More companies flout NSE's post listing requirements appeared first on Vanguard News. 

Mon, 12 Feb 2018
The battle to succeed Governor Ibikunle Amosun of Ogun State ahead of the 2019 elections is on.The post Odebiyi and the battle to succeed Amosun appeared first on Vanguard News. 

Mon, 12 Feb 2018
THE number of companiesflouting the post listing requirement of the Nigerian Stock Exchange, NSE, regarding timely disclosure of financial performance rose by 37.5 percent in 2017, prompting shareholders to call for sanctions on directors of the companies.The post More companies flout NSE's post listing requirements appeared first on Vanguard News. 

Mon, 12 Feb 2018
The Minister of Youth and Sports, Barrister Solomon Dalung, will receive the first Nigerian male and female runners to reach the finish line at the just concluded Access Bank Lagos City Marathon, on Tuesday in Abuja.The post Dalung hosts Nigerian marathon winners Tuesday appeared first on Vanguard News. 

Mon, 12 Feb 2018
Sweet Sensation Confectionery, a leading Quick Service Restaurant in conjunction with Coca Cola, a multinational beverage company, is set to thrill its customers and lovers across its outlets in Lagos and Abeokuta during the Valentine's fiesta, which comes up on February 14.The post Valentines Day: Sweet Sensation set to thrills customers appeared first on Vanguard News. 

Mon, 12 Feb 2018
Valentine's Day or the feast of Saint Valentine for this year comes up on February 14, 2018, the same day with Ash Wednesday. Because of the sacredness and significance of the Ash Wednesday, however, this year's Valentine for Catholics who wished to mark it, was marked days ahead of the Ash Wednesday.The post The True Meaning of Valentine Day appeared first on Vanguard News. 

Mon, 12 Feb 2018
THE Federal Government has begun implementation of deliberate plans and policies targeted at making the country's transport and shipping businesses become leading employers of labour and major contributors to the national Gross Domestic Product, GDP.The post FG positioning transport, shipping to lead employment, GDP ' NSC boss appeared first on Vanguard News. 

Mon, 12 Feb 2018
Jose Mourinho lamented his side's poor finishing after Manchester United suffered a first loss to Newcastle United for five years at St James' Park in the English Premier League on Sunday.The post We would have needed 10 hours to score, Mourinho laments after loss at Newcastle appeared first on Vanguard News. 

Mon, 12 Feb 2018
THE Federal Government has begun implementation of deliberate plans and policies targeted at making the country's transport and shipping businesses become leading employers of labour and major contributors to the national Gross Domestic Product, GDP.The post FG positioning transport, shipping to lead employment, GDP ' NSC boss appeared first on Vanguard News. 

Mon, 12 Feb 2018
Muyiwa Adeseyoju, the first Nigerian Country Managing Director of DHL Express Nigeria, in this interview with Dotun Ibiwoye, speaks on the multinational's innovations in e-commerce, supply chain, disclosing that the company plans to use drones for delivery. He also spoke of the challenges confronting the logistics business in Nigeria. ExcerptsThe post DHL considering using drones for courier services ' Adeseyoju appeared first on Vanguard News. 

Mon, 12 Feb 2018
Antonio Conte has suggested he should not have to win silverware to save his job at Chelsea.The post Conte: Sacking me 'll be stupid appeared first on Vanguard News. 

Mon, 12 Feb 2018
Nigeria'sinsurance penetration of 0.4 percent has been described as one of the lowestin Africa.The post Nigeria ranks low in insurance penetration in Africa ' Oni appeared first on Vanguard News. 

Mon, 12 Feb 2018
Managing Director/Chief Executive Officer, Ospoly Microfinance Bank Limited, Mr. Femi Fapohunda, in this interview spoke on factors affecting confidence in the subsector as well as its role in reviving the nation's economy. Excerpts.The post MfBs critical to reviving Nigeria's economy ' CEO OSPOLY MfB appeared first on Vanguard News. 

Mon, 12 Feb 2018
Managing Director/Chief Executive Officer, Ospoly Microfinance Bank Limited, Mr. Femi Fapohunda, in this interview spoke on factors affecting confidence in the subsector as well as its role in reviving the nation's economy. Excerpts.The post MfBs critical to reviving Nigeria's economy ' CEO OSPOLY MfB appeared first on Vanguard News. 

Mon, 12 Feb 2018
Things are looking up for Nigerian teams campaigning in the CAF Champions League, following positive results achieved by Plateau United and Mountain of Fire and Miracles Ministries FC at the weekend.The post CAF Champions League: Plateau Utd win, MFM draw appeared first on Vanguard News. 

Mon, 12 Feb 2018
Some West African countries under West Africa Insurance Supervisory Association, WAISA, have taken to index-based insurance.The post Gambia, Kenya, Ghana adopt IBAI appeared first on Vanguard News. 

Mon, 12 Feb 2018
Some West African countries under West Africa Insurance Supervisory Association, WAISA, have taken to index-based insurance.The post Gambia, Kenya, Ghana adopt IBAI appeared first on Vanguard News. 

Mon, 12 Feb 2018
SOG and his comrades taught us that political parties are built with the people not for the people, and that it has to be funded by the people who pay membership dues not the new culture where political parties pay members even to attend party meetings and ralliesThe post We are not Orphans, We have Fathers appeared first on Vanguard News. 

Mon, 12 Feb 2018
ANALYSTS have expressed divergent views on the likely outcome of the market for this week following the sale pressure that led to the loss of N542 billion.The post Divergent outlook for stock market as investors lose N542bn appeared first on Vanguard News. 

Mon, 12 Feb 2018
Mr. Victor Chiazor, analyst at Capital Bancorp Plc, in this interview speaks on issues that will influence the Nigerian stock market, interest rate and the economy in general in 2018The post Why we projected 25% returns for stock market this year ' Capital Bancorp analyst appeared first on Vanguard News. 

Mon, 12 Feb 2018
ANALYSTS have expressed divergent views on the likely outcome of the market for this week following the sale pressure that led to the loss of N542 billion.The post Divergent outlook for stock market as investors lose N542bn appeared first on Vanguard News. 

Mon, 12 Feb 2018
YOUR bank account becomes dormant if you don't use it to perform any transaction for two years. Such transactions include withdrawal of cash at a branch or Automated Teller Machine (ATM), payment by cheque, transfer of funds through Internet banking, mobile banking or ATMs, receiving dividend on shares or the interest of your fixed deposit in your savings account.The post Understanding Dormant Bank Account appeared first on Vanguard News. 

Mon, 12 Feb 2018
In its bid to reduce medical negligence among volunteers providing public health services, George Kerry Life Foundation, GKLF and Be-In-Health Foundation, BIHF are providing comprehensive training to volunteers.The post Foundation trains 1,000 health care volunteers appeared first on Vanguard News. 

Mon, 12 Feb 2018
STANDARD Chartered Bank, SCB Nigeria has been named as the Best Overall Bank for Cash Management in Nigeria by Global Finance. Global Finance released the rankings for its 18th annual Best Treasury and Cash Management Banks and providers by category, region and by country recently.The post Standard Chartered named best for cash management appeared first on Vanguard News. 

Mon, 12 Feb 2018
The Nigerian Export Import(NEXIM)Bankandthe House of Representatives Committee on Banking and Currencyhas restated plans to resuscitate themoribund Multi-Tex Integrated Plc,a cocoa manufacturing and processing company.'The Managing Director, NEXIM Bank, Mr Abba Bello, stated this during the tour of Multi-Trex facilities by members of the House of Representatives Committee on Banking and Currency and the management of Multi-Trex in Ogun State, Last week Friday.The post NEXIM Bank, House of R 

Mon, 12 Feb 2018
THE Network of Reproductive Health Journalists of Nigeria, NRHJN, has objected to the expanded Global Gag Rule (GGR) also known as the Mexico City Policy, reinstated by US President, Donald Trump in 2017.The post Family planning advocates task FG on Global Gag Rule appeared first on Vanguard News. 

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