NAIJA NEWSPAPERS: TODAY'S THE PUNCH NEWSPAPER HEADLINES [18 DECEMBER, 2017].


Below are the headlines found on The Punch Online Newspaper for today, Monday, 18 December, 2017.


Mon, 18 Dec 2017
The lingering petrol scarcity in many parts of the country grew worse on Sunday in Lagos, Abuja, Nasarawa, Kaduna and Niger states as many filling stations were shut.

The closure of the filling stations followed threats by members of the Petroleum and Natural Gas Senior Staff Association of Nigeria to embark on a nationwide strike from today (Monday).


 
Many fillings stations that dispensed petrol last week refused to sell the commodity on Sunday, as some of their managers stated that they were obeying the directives of PENGASSAN.

Officials of PENGASSAN told one of our correspondents that the Department of State Services had invited the association to a meeting, which commenced at 6pm on Sunday and was still ongoing as of the time of filing this report.

A source, who is an executive of a Lagos-based oil marketing company, told our correspondent that the lingering supply shortfall was largely responsible for the queues at filling stations.

He said a new vessel, which came in on Friday and had started discharging about 35 million litres of PMS, would improve the supply situation at depots and filling stations this week.

It was observed that some filling stations in Lagos and parts of Ogun states as well as Abuja and neighbouring states were shut on Sunday, while the few that sold petrol had very long queues that spilled onto the roads.

The Group General Manager, Group Public Affairs Division, Nigerian National Petroleum Corporation, Ndu Ughamadu, told one of our correspondents on Sunday that the management of the firm was meeting officials of PENGASSAN.

“As we speak right now, the NNPC is holding consultation with the association on this matter and we are optimistic,” he said.

When asked if there was any plan to increase the pump price of petrol based on claims by some government officials, Ughamadu replied, “We have said it many times that there is no plan by the NNPC to increase petrol price and that is the situation.”
Mon, 18 Dec 2017
Vice-President Yemi Osinbajo and some state governors on Sunday joined President Muhammadu Buhari to cut his birthday cakes.

The President’s wife, Aisha, also joined them for the event that took place inside Buhari’s official residence at the Presidential Villa, Abuja.


 
The President’s Personal Assistant on Social Media, Lauretta Onochie, posted a short video clip of the event on her Facebook page with the caption “President Buhari, surrounded by his gorgeous wife, friends and some members of his political family as he cuts his 75th birthday celebration cake.  Very many happy returns of the day, Sir. God bless Nigeria.”

Five giant cakes were seen on the table as the President was surrounded by his wife, Osinbajo, the governors and other top government officials.

The governors included Nasir el-Rufai  (Kaduna); Abdullahi Ganduje (Kano); Yahaya Bello (Kogi); Ibikunle Amosun (Ogun); Abiola Ajimobi  (Oyo); Rauf Aregbesola (Osun) and Abdulaziz Yari (Zamfara) among others.
Mon, 18 Dec 2017
The war of words between the Dangote Group and BUA Group continued on Sunday with the former accusing the latter of illegally mining limestone deposited in its Mining Lease No. 2541, located in the boundary town of Oguda/Ubo in Okene, Kogi State.

However, BUA denied the claim and accused Dangote of attempting to disregard the judicial process and scheming a viable competitor out of business.


 
The Executive Director, Dangote Group, Mr. Devakumar Edwin, said in a statement, “The Dangote Group validly acquired its interest and mining title in the disputed Mining Lease No. 2541 from AICO Ado Ibrahim & Company Limited sometime in 2014. AICO itself had applied to the Mining Cadastre Office and Ministry of Mines and Steel Development for the said Mining Lease No. 2541 located in a boundary town of Oguda/Ubo in Okene Kogi State in 2007.

“The ministry, in exercise of its power under the Nigerian Minerals and Mining Act, 2007, granted and issued to AICO Mining Lease No. 2541 for the renewable period of 25 years effective from 1st of February, 2008 and to expire on 31st of January, 2033. Thus AICO by virtue of the said grant, became vested with the legal title over Mining Lease No. 2541. In 2014, the Dangote Group approached AICO and indicated interest in acquiring AICO’s stake in the lease.
Mon, 18 Dec 2017
Thirty-seven federal universities in the country are using 1,068 generators as alternative power source, an energy audit of the tertiary institutions has revealed.

According to the audit, the generators contribute to noise and air pollution in the universities, as the diesel and petrol engines emit pollutants in the surroundings where they function.


 
A document obtained by our correspondent from the Rural Electrification Agency in Abuja on Sunday, stated that some teaching hospitals were also captured in the recent energy audit.

The REA said, “Energy audits were conducted for all the federal universities and the adjoining university teaching hospitals across the country to determine the energy consumption and future load growth of each of the institutions.
Mon, 18 Dec 2017
The Nigerian military has budgeted about N38bn for the purchase of ammunition, fighter jets and helicopters in 2018 as part of its efforts to tackle the Boko Haram insurgency in the North-East.

This figure was obtained from the breakdown of procurements covering the Nigerian Army, Nigerian Air Force and the Nigerian Navy, as contained in the 2018 budget.


 
Our correspondent learnt from the breakdown that the army budgeted N5,281,288,780 for the “procurement of ammunition of various types and calibres,” while it said another N1,024,800,000 was for part payment for three light utility helicopters.

In the 2017 budget, the army had also budgeted N5bn for the procurement of weapons to prosecute the anti-terrorism war.

Meanwhile, in the breakdown of the 2018 budget, the army set aside N1bn for the purchase of armoured vehicles, and N300m for the acquisition of 25 infantry patrol vehicles.

Other expenses are the purchase of vehicles for the  Operation Lafiya Dole, the military anti-insurgency operation in the North-East, and other operations, which would gulp N235,697,000.

The total budgetary allocation of the army for the anti-insurgency war stands at about N7.5bn.

An excerpt from the budget partly read, “ERGP14109223 – Procurement of ammunition of various types and calibres N5,281,288,780. ERGP14109846 – Purchase of vehicles for the Operation Lafiya Dole and other ongoing operations N235,697,000. ERGP14109851 – Acquisition of 25 infantry patrol vehicles N300m. ERGP14109867 – 40 per cent down payment for purchase of 3 LUH AS350 N1,024,800,000.”

Meanwhile, for the air force, the military budgeted N22bn for the purchase of fighter aircraft.
Mon, 18 Dec 2017
Olufemi Atoyebi, Ibadan The Oyo State Governor, Abiola Ajimobi, was on Sunday honoured with the Fellows Award of the Ibadan Foundation for his contribution to the socio-economic development of the city and the state. The immediate past President of the Lagos Chamber of Commerce and Industry, Dr. Nike Akande, who was the chairman on the [] 
Mon, 18 Dec 2017
John Alechenu, Abuja The Director-General of the Voice of Nigeria, Mr. Osita Okechukwu, has said those angling to displace President Muhammadu Buhari in 2019 are more or less self-seeking individuals who do not mean well for the country. Okechukwu said this in a telephone interview with The PUNCH in Abuja on Sunday. He explained that [] 
Mon, 18 Dec 2017
Friday Olokor, Jos The Evangelical Church Winning All has alleged that higher institutions in the North have been denying Christians admissions into professional courses while Christians have also been denied employment on account of their religion. ECWA also expressed concern over the activities of Fulani herdsmen in the country with a call on the Federal [] 
Mon, 18 Dec 2017
Leke Baiyewu, Abuja A former President of the Senate, David Mark, has denied receiving over N2bn from the Peoples Democratic Party through a National Assembly account for distribution to members of the chamber. Mark, in a statement on Sunday by his Media Assistant, Paul Mumeh, said as a law-abiding citizen, he had answered an invitation [] 
Mon, 18 Dec 2017
Tony Okafor, Awka The candidate of the United Peoples Party in the November 18, 2017 Anambra State governorship election, Chief Osita Chidoka, on Sunday said he would contest the position again. The former Corps Marshal of the Federal Road Safety Commission said his ambition to govern the state had been strengthened and rekindled by the [] 
Mon, 18 Dec 2017
Chukwudi Akasike, Port Harcourt FORMER governor of Rivers State and Minister of Transportation, Mr. Rotimi Amaechi, has described the demise of two of his political allies, Chief Nnamdi Wokekoro and Anderson Miller, as shocking. Amaechi explained that he was saddened to hear about the deaths of the duo; Wokekoro (the Ikwerre 1 of Ikwerre Land) [] 
Mon, 18 Dec 2017
The Federal Governments anti-trafficking agency, the National Agency for the Prohibition of Trafficking in Persons, said it had rescued and rehabilitated about 2,000 Nigerians from traffickers in 2017. The NAPTIP Director General, Julie Okah-Donli, who stated this during a meeting with some social media managers in Abuja, noted that the efforts of the government, particularly [] 
Mon, 18 Dec 2017
Gbenga Odogun, Lokoja The Kogi State Governor, Alhaji Yahaya Bello, has broken his silence on the double registration indictment, saying he will speak on the matter at the appropriate time. In a statement by his Director General, Media and Publicity, Kingsley Fanwo, the governor said he was upbeat in the midst of allegation of double [] 
Mon, 18 Dec 2017
Leke Baiyewu, Abuja Following widespread condemnations from individuals and groups particularly from the South-West, a lawmaker, representing Lagos West Senatorial District, Senator Olamilekan Adeola, has said the Lagos-Ibadan Expressway project will be completed soon. Adeola, in a statement on Sunday by his Media Adviser, Mr. Kayode Odunaro, said the request by the Presidency to vire [] 
Mon, 18 Dec 2017
Femi Makinde, Osogbo The Peoples Democratic Party has warned a former governor of Oyo State, Chief Adebayo Alao-Akala, and a former Senate Leader, Senator Teslim Folarin, who defected from the party to the All Progressives Congress, that they will be used and dumped by the APC. The PDP urged them to return to the party [] 
Mon, 18 Dec 2017
Tony Okafor, Awka A former president of the Ohanaeze Ndigbo, Dr Dozie Ikedife, on Sunday advised Igbo politicians planning to contest the presidency in 2019 to perish the thought. Ikedifes advice came a few days after the National Publicity Secretary of the All Progressives Grand Alliance, Chief Ifeatu Obi-Okoye, said APGA was considering the Anambra [] 
Mon, 18 Dec 2017
John Ameh, Olusola Fabiyi, Chukwudi Akasike, Success Nwogu and Oladimeji Ramon The Leader of the House of Representatives, Mr. Femi Gbajabiamila, said on Sunday that the National Assembly had no legal authority to query state governments on how they chose to spend their money. Gbajabiamila, a member of the ruling All Progressives Congress from Lagos [] 
Mon, 18 Dec 2017
Samson Folarin No fewer than five officials of the Lagos State Traffic Management Authority have been arrested for allegedly extorting money from some motorists in the state. The PUNCH learnt that many other officials of the agency were before a disciplinary committee for various acts of misconduct. The Public Affairs Officer of LASTMA, Mahmud Hassan, [] 
Mon, 18 Dec 2017
Sesan Olufwobi The Lagos State Government has urged Lagosians who patronise government-owned hospitals to give feedback to government in order to enhance services. The government also enjoined them to always insist on quality services. The Lagos State Commissioner for Health, Dr Jide Idris, stated this at a stakeholders forum organised by the Alimosho General Hospital, [] 
Mon, 18 Dec 2017
FOR an economy buffeted by considerable turbulence, the outcome of the ongoing review of public service pay may have far-reaching consequences. An upward review of salaries across the board has already been promised by President Muhammadu Buhari and the 30-member committee he empanelled will only work out the details. There is, however, a need to [] 
Mon, 18 Dec 2017
Oyetunji Abioye The naira depreciated marginally by 0.55 per cent at the parallel market week-on-week to close at N365 on Friday. The local currency had closed at 363/dollar last Friday. Currency retailers and analysts said the development came on the back of increased demand was occasioned by activities heralding the Christmas and New Year celebrations. [] 
Mon, 18 Dec 2017
The Lagos State Government has commended Ecobank Nigeria for renovating and furnishing the main building at the Agbala Pediatric Centre in Ikorodu, as part of the lender's corporate social responsibility effort directed at women and children. The Chairman, Lagos State Health Service Commission, Dr. Bayo Aderiye, said the contribution by Ecobank would go a long [] 
Mon, 18 Dec 2017
Heritage Bank has won in the inaugural Nigeria Sustainable Banking Award convened by the Central Bank of Nigeria. The lender said in a statement on Sunday that it won the award for 'For Sustainable Transaction of The Year in Agriculture' The award, which was in recognition of its success in sustainable development in 2017, was [] 
Mon, 18 Dec 2017
Oyetunji Abioye Fhe Deposit Money Banks in the country borrowed the sum of N671.47bn from the Central Bank of Nigeria in the past five working days, data from the CBN have revealed. The CBN Standing Lending Facility window data revealed that commercial banks borrowed the sum between December 11 and 15, 2017. Commercial banks use [] 
Mon, 18 Dec 2017
Providus Bank says it has launched the World Elite MasterCard offering in Nigeria, providing affluent consumers and frequent travellers with a range of priceless travel benefits and lifestyle privileges both at home and abroad. The lender described it as the first launch of World Elite MasterCard in the sub-Saharan Africa. In a statement on Sunday, [] 
Mon, 18 Dec 2017
The sub-Saharan Africa faces a potential debt crunch unless commodity prices improve and boost the pace of economic growth, the International Monetary Fund has said. The Washington-based Fund said the region's median government debt level would probably exceed 50 per cent of the Gross Domestic Product this year from 34 per cent in 2013, while [] 
Mon, 18 Dec 2017
Fund managers seek U-turn by regulators after start of cryptocurrency futures trading. Bitcoin mania has reignited a race to launch an exchange-traded fund in the US that would track the volatile cryptocurrency. According to Financial Times, approval for such an ETF would be a U-turn for the Securities and Exchange Commission, which in March refused [] 
Mon, 18 Dec 2017
Elementary students can learn how banks operate and the types of services they provide. Academic lessons enable you to introduce concepts such as saving, budgeting and investing. Some students get an allowance or they receive money on birthdays and holidays, so it's never too early to start teaching them about simple banking concepts. As a [] 
Mon, 18 Dec 2017
Stanley Opara A total turnover of 1.852 billion shares worth N51.523bn in 23,863 deals, were traded last week by investors on the floor of the Nigerian Stock Exchange. However, a total of 3.316 billion shares valued at N36.451bn had exchanged hands the penultimate week in 29,771 deals. The financial services industry (measured by volume) led [] 
Mon, 18 Dec 2017
Olalekan Adetayo, Abuja The Presidency on Sunday said the nation's energy landscape was set for a major change with the award of a $2,809,522,548.36 gas pipeline contract approved by the Federal Executive Council as proposed by the Ministry of Petroleum Resources. The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, disclosed [] 
Mon, 18 Dec 2017
The Technical Committee of the Standards Organisation of Nigeria has begun a review the NlS 444-1 Standard. The committee came up with a review of the standard and classified cement into three grades and stipulated their exclusive uses to guide against misapplication and adulteration. The existing cement standard restricts the use of the 32.5 grade [] 
Mon, 18 Dec 2017
The President, Nigerian Institute of Town Planning, Luka Achi, has said the institutional framework for physical planning at all levels of governance is inadequate and unstructured. Achi said many states of the federation had yet to domesticate the Nigerian Urban and Regional Law of 1992 as amended, and develop instruments such as master plans and [] 
Mon, 18 Dec 2017
Femi Asu Oando Plc has said there is no basis for the institution of a forensic audit of the company by the Securities and Exchange Commission. The company said in a statement on Sunday that it had continued in its legal battle with SEC on the regulator's alleged findings and sanctions following an investigation into [] 
Mon, 18 Dec 2017
Nike Popoola The Chartered Insurance Institute of Nigeria is set to commence the implementation of its upgraded professional examination syllabus. The President, CIIN, Mrs. Funmi Babington-Ashaye, said this during the institute's graduation and fellowship awards ceremony in Lagos. She said, 'I wish to inform you that the challenges facing the industry in this dispensation not [] 
Mon, 18 Dec 2017
Femi Makinde, Osogbo A property development company, Thirty Three Nigeria Limited, has commenced the construction of 46 detached and semi-detached duplexes at the Government Reserved Area in Osogbo, the Osun State capital. The Chief Executive Officer of the company, Mr. Kunle Omisore, said at a ceremony to commence the project that the company would build [] 
Mon, 18 Dec 2017
Maureen Ihua-Maduenyi The Business Development Manager, Provast Limited, Mr. Segun Olabode, says investors in real estate should place emphasis on efficient management and maintenance of their existing stock of properties so as to enjoy maximum returns on their investments. Olabode, who is an estate surveyor and valuer as well as a facility manager, spoke at [] 
Mon, 18 Dec 2017
The President, Nigerian Council of Registered Insurance Brokers, Mr. Shola Tinubu, has said the council plans to have a 10-year development plan. He said this during the members' evening event that was sponsored by AIICO Insurance Plc in Lagos. He said, 'The intention of this administration is to bequeath a 10-year development plan to the [] 
Mon, 18 Dec 2017
One of the Pension Fund Administrators in the country, Premium Pension Limited, has said it is set to commence the payment of enhanced monthly pension to its retirees customers with effect from this month. A statement obtained on Sunday from the Head Corporate Communication, Premium Pension Limited, Aliyu Ali, said it was in line [] 
Mon, 18 Dec 2017
Luxury real estate developer, Deluxe Residences, has unveiled a promotional package for its newest development, the Empire Residences II in Victoria Island, Lagos. The company stated that the promo, which was launched last week, had as the star prize, an all-expenses paid trip to Dubai over the holiday season for subscribers who paid a N20m [] 
Mon, 18 Dec 2017
Maureen Ihua-Maduenyi The Association of Housing Corporations of Nigeria has said that in the first quarter of 2018, it will begin a pilot scheme of the Home Ownership Off-takers Affordability Survey Data Base with the creation of a verifiable working database of about 1,000 workers per selected state. The association said with its partner, Value [] 
Mon, 18 Dec 2017
Maureen Ihua-Maduenyi The Alpha Mead Group says two of its business units, Alpha Mead Development Company and Alpha Mead Facilities and Management Services Limited have been awarded the Quality Management System certification, ISO 9001:2015. According to the group, the new certification positions AMDC as the first real estate development company in the country certified to [] 
Mon, 18 Dec 2017
The Ogun State Ministry of the Environment says following several warnings against indiscriminate dumping of refuse on roadsides, medians and flower beds, its officials have arrested over 12 residents for dumping of refuse on median strips. The Commissioner for Environment, Mr. Bolaji Oyeleye, was quoted to have said during a monitoring exercise at Sango Ota [] 
Mon, 18 Dec 2017
Stanley Opara The Federal Government says it will encourage a high level of transparency in the management of proceeds of the N10.69bn Green Bond. It said it was recommended that an issuer's management of proceeds be supplemented by the use of an auditor, or other third party, to verify the internal tracking method and the [] 
Mon, 18 Dec 2017
Maureen Ihua-Maduenyi The Lagos State Building Control Agency has urged engineers to help solve the problem of building collapse in the state by reporting safety standard violations on construction sites. The General Manager, LASBCA, Olalekan Shodeinde, made the appeal when the leaders of the Association of Professional Women Engineers of Nigeria paid him a courtesy [] 
Mon, 18 Dec 2017
Anna Okon Nigerian businessmen have visited Vietnam to seek opportunities to import waste treatment equipment and environmentally friendly waste disposal machineries from the country, while exporting wood, cashew nuts, minerals, oil and gas and technology to it. A business delegation of members of the Nigeria-Vietnam Chamber of Commerce and Industry also sought investment partners for [] 
Mon, 18 Dec 2017
Experts in the health care sector, risks management, insurance and regulatory authorities have said lack of transparency, accountability and poor corporate governance remain the bane of Nigeria's health sector. A statement obtained on Sunday indicated that they said this at the third edition of the clinical risk and governance summit hosted by Conrad Clark Nigeria [] 
Mon, 18 Dec 2017
Ifeanyi Onuba, Abuja The Institute of Directors, Nigeria, has called on the Federal Government to improve the level of corporate governance in public and private sector institutions in order to encourage investors to bring in fresh funds into the country. It said there could not be substantial improvement in the investment inflows into the country [] 
Mon, 18 Dec 2017
Linkage Assurance Plc says it is embarking on a new phase of growth that will guarantee better returns on investment for its shareholders. While speaking at the 24th annual general meeting of the company in Lagos, the Chairman, Linkage, Dr. John Eseimokumoh said this is part of the strategic initiatives of the new management to [] 
Mon, 18 Dec 2017
Maureen Ihua-Maduenyi The President, Board of Trustees, Nigerian Conservation Foundation, Chief Philip Asiodu, has called for more commitment to nature conservation in the country. Asiodu made the call at the NCF's Annual General Meeting, adding that Nigerians had a responsibility to renew and strengthen their commitment to the cause of conservation. He said, 'The environmental [] 

Naija Newspapers
Naija Newspapers

Naija Newspaper is a digital media distribution and review company focused on delivering Nigerian news across Nigerian audience. We are the biggest newspaper review company online; our value proposition is to be the all-in-one station for daily newspapers distributed in the country to various online audience. Our partnership includes and is not limited by the following Punch newspaper, Thisday online, Daily Sun Newspaper, Nigeria Tribune, BusinessDay, Leadershjip, Blue Print, Nigeria Guardian and Vanguard newspapers.