NAIJA NEWSPAPERS: TODAY'S THE DAILY TIMES NEWSPAPER HEADLINES [29 JANUARY, 2017].


Below are the headlines found on The Daily Times Online Newspaper for today, Monday, 29 January, 2017.

Mon, 29 Jan 2018
The whereabouts of the self-acclaimed leader of the proscribed Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, has remained a mystery as nobody seems to know his whereabouts since the raid on his home in Umuahia, Abia State by the Nigerian Army in mid-September, 2017. The whereabouts of Kanu’s parents since the raid also remained unknown, a situation that is now given room to all kinds of rumours. The IPOB leader’s father, His Royal Highness, Eze Isreal Kanu is the traditional ruler of Afara Ukwu Ibeku Autonomous Community in Umuahia, Abia State. Kanu, the leader of the proscribed group, has not been seen in public since he was arraigned alongside Ebere Onwudiwe, Benjamin Madubugwu, David Nwawusi and Bright Chimeze on a five-count charge treasonable felony before Justice Binta Nyako of the Federal High Court in Abuja. Though Justice Nyako granted bail to Kanu, she attached certain conditions to the temporary freedom. Some of the conditions include the restrain of Kanu from granting press interviews and a stern warning to the banned IPOB leader not to participate in any rally or be found in a crowd of more than 10 persons in the course of the bail. But Kanu, who had built a reputation as a firebrand on Radio Biafra, a United Kingdom-based station run by IPOB, flouted all the bail conditions. However, the bubble busted when the Nigerian Army on October 9, 2017, raided the Abia State home of Kanu. IPOB was the first to raise the alarm announcing to the world that its leader was missing. According to the proscribed group, Kanu was in the custody of the military. It asked the Nigerian Army to produce him, dead or alive. But the Nigerian Army came up with a rebuttal, saying that Kanu was not in its custody. Kanu’s lawyer, Ifeanyi Ejiofor, had also raised a similar alarm, insisting that Kanu was in the custody of the army. But some analysts on Sunday, berated Igbo leaders, the apex Igbo socio-cultural organisation, Ohaneze Ndigbo and Igbo elite over their silence on the fate that has befallen Kanu and his parents. They accused the Igbo socio-cultural group of looking the other way while the whereabouts one of their sons, Nnamdi Kanu, who to a great extent championed the cause of the South East and his parents remain unknown. One of the analyst, who is also a youth leader in Abia State who did not want his name in print, said: “The Igbo socio-cultural organisation, Ohaneze Ndigbo, has really let Kanu and his parents down. They appear to be more concerned with pursuing the restructuring agenda and other issues than asking the Federal Government and the security forces to come clean over the whereabouts of the IPOB leader and his parents. This is sad and must be urgently redressed. Ohaneze Ndigbo, Igbo leaders and elite should know that keeping quite over this matter has exposed the Igbo race to the ridicule of other ethnic groups as they now see the Igbos as people that care little about the well-being of a prominent son of theirs and his parents. “For this not to continue, Ohaneze Ndigbo, Igbo leaders and the elite must speak up now or be prepared to face the wrath of the youths who Nnamdi Kanu represents”. Meanwhile, the Federal High Court in Abuja had dismissed the suit filed by the proscribed IPOB, seeking an order to compel the Chief of Army Staff, Lt. General Tukur Buratai to produce Nnamdi Kanu in court to face his trial. Justice Binta Nyako while ruling on a fundamental human rights enforcement suit brought by IPOB lawyer, Ifeanyi Ejiofor, ruled that the suit lacks merit. She held that the suit was anchored on the doctrine of last seen. The judge said the doctrine of last seen is mostly used in murder cases. She however ruled that in the instant case, the affidavit attached to the application did not state that Buratai or any soldier was the last that saw Kanu before his disappearance. The judge said, “In the entire affidavit, nowhere it was shown that the Chief of Army Staff, General Buratai or any soldier was the last that saw Nnamdi Kanu before he was declared missing.” She added that the suit lacked merit and dismissed it. Justice Nyako further noted that IPOB was not the right person to make such complaint in a matter where Kanu had secured his bail thorough guarantors. In the meantime, the senator representing Abia South Senatorial District, Senator Enyinnaya Abaribe, has denied the claim by the Federal Government that the Kanu was in his custody. Abaribe had filed an application before the Federal High Court, seeking to withdraw his surety-ship after he was asked to produce Kanu in court at the next adjourned date. The Federal Government had also responded to Senator Abaribe’s application seeking to withdraw as one of the sureties for Kanu, describing the application as too late. But Abaribe in a reaction to a question on whether Kanu was actually in his custody, said he doesn’t know his whereabouts. The Federal Government, however, stated in its counter-affidavit that Abaribe was aware that Kanu “has long violated the bail conditions handed down by this honourable court” on April 24, 2017 before September 11 when he claimed to have lost contact with Kanu. The counter-affidavit reads in part: “That it was at this point at violating the conditions of the bail that the senator surety ought to surrender the 1st defendant and or bring up this application; that this application is belated and ill-timed; “The applicant failed to apply to the court timeously, stating on oath that the defendant bound by recognizance to appear before this court had violated the bail condition given by this court.” Meanwhile, some IPOB leaders have said that those that find it difficult to believe that the leadership of IPOB does not know whereabouts of Kanu are those refusing to believe that the Nigerian Army invaded Kanu’s residence and took him away. Speaking on the condition of anonymity, following the sensitive nature of the matter, the IPOB leaders insisted that the the Defence Minister, General Mansur Dan Ali, confirmed on Channels TV during an interview that the federal government sent soldiers to invade the home of their leader and to ‘capture’ him. One of the IPOB leaders said: “This same class of people are those that will always keep quiet in the face of evil, thereby emboldening Buhari regime to be more brutal, dictatorial and parochial. “Every right thinking person knows the army went to kill Mazi Nnamdi Kanu on September 14, 2017 because there can never be any other plausible explanation as to why the army will truncate an ongoing judicial process by doing the work of the police. “The question all right thinking people should ask the Attorney General of the Federation (AGF) is this: Is it the duty of the army to be running round in armoured tanks looking for the enemies of Buhari to arrest? Nigerian Army, for those who might still be feigning ignorance of the fact, does not have the constitutional right to arrest anybody. “Whenever soldiers arrest and molest people, as they normally do in Nigeria, they are breaking the law. That is what the Abdulsalami Abubakar 1999 Constitution says. But in Nigeria, law enforcement agencies and even the law courts don’t know what the constitution says. They are ignorant of their own laws including the judges in their courts. “Those that invaded our leader’s residence went there to kill him, his family and parents, or else they would have waited for him to appear in court on October 17, 2017. Buratai and his soldiers are in the best position to answer any question regarding the whereabouts of our leader, especially at this time everybody, including non-Biafrans, are missing his inspirational leadership”. The Daily Times recalls that the Federal High Court presided over by the Acting Chief Judge, Justice Abdul Kafatati, had proscribed IPOB as a terrorist organisation. IPOB had pleaded with the court to set aside its order of September 20 last year which declared it a terrorist organisation.

Mon, 29 Jan 2018
Achievements recorded in the Nigeria’s foreign exchange market over the time has been consistently linked to the continuous high turnover at the Investors and Exporters (I&E) FX window, just as it declared a whopping total transactions worth of $1.892billion in just one week of trading, investigations by The Daily Times has revealed. For instance, the Investors window, in just one day during the week under review, recorded a significant daily transactions turnover of $655.7million, which represented the highest amount traded since the beginning of 2018. The breakdown of the transactions, however, showed that the I&E FX window recorded $292.15 million as at close of first trading day but dropped to $273.74 million the following day and even depreciated further to $263.57 million as of close of midweek trading activities, putting total trading from Monday to Wednesday at $929.66 million. But the I&E FX window, otherwise known as Nigeria Autonomous Foreign Exchange ( NAFEX ) window, on Thursday, rebounded with better closing transactions figure of $306.70 million compared to the first three days within the week, before Friday’s $655.72 million, which was the highest ever traded in just single day at the autonomous FX window this year. The trend therefore put the last two trading days figure at $962.42 million, stronger than the total exchanged figure of $929.66 million for the first three days during the week under review. But the Central Bank of Nigeria (CBN) last Monday sustained its intervention in the forex market with $210 million into the interbank foreign exchange market, and extended its efforts to improve liquidity and alleviate dollar shortage with another fresh interventions in the Retail Secondary Market Intervention Sales (SMIS) of the forex market to the tune of $304.4 million dollars on Friday. The latest forex intervention was said to be part of the continuous efforts by the CBN to meet customers’ requests in various segments of the forex market. Consequently, the Naira, on Friday, at the NAFEX, opened at a stronger rate of N359. 75 to the dollar against 359.99 recorded on Thursday and Wednesday, but closed low at N360.35, compared to N360.25 sold on Thursday, after it traded high at N361 per dollar at the Investors forex segment, data obtained from the FMDQ OTC showed. The CBN’s Acting Director, Corporate Communications Department, Mr. Isaac Okorafor, in a statement in Abuja on Friday, reiterated that the objective of the CBN remained to boost liquidity, production and trade. He said that the recent interventions were in favour of interests in the agriculture, airlines, petroleum products, raw materials and machinery sectors. According to him, the CBN will continue to ensure liquidity in the interbank sector of the market as well as sustain its interventions in order to drive economic growth and guarantee market stability. Okorafor expressed optimism that the Nigerian economy stood to gain massively from the Bank’s foreign exchange management strategy. According to him, it can be seen in the accretion to the foreign reserves, which now stands at more than 40 billion dollars. The Daily Times recalls that the CBN had last Monday injected $210 million into the interbank foreign exchange market, as $100 million earmarked for the wholesale market, $55 million for small businesses and individuals, and $55 million for certain dollar expenses such as school fees and medical bills. The apex bank said it “will continue to manage the forex with a view to reducing the country’s import bills and halting accretion to its foreign reserves. Okorafor reiterated the Bank’s determination to continue to intervene in the interbank foreign exchange market, in line with its pledge to sustain liquidity in the market and maintain stability. He said the CBN would continue to manage the forex market with a view to reducing the country’s import bills and minimise depletion of foreign reserves. Read Also: Bitcoin crashes as investors count loses on investments Meanwhile, investors’ confidence has continue to grow over the Nigerian foreign exchange market, since it’s creation in April 2017, due to low investors confidence and foreign exchange scarcity in 2017. But The Daily Times checks has showed that the NAFEX window as at close of the year 2017 recorded a whopping total transactions turnover of $25.65 billion in just nine months of operations in 2017.

Mon, 29 Jan 2018
President Muhammadu Buhari and former President Olusegun Obasanjo were all smiles on Sunday when they met in Addis Ababa, Ethiopia, at the opening session of the 30th African Union (AU) summit. The development came six days after Obasanjo issued a damning statement, asking Buhari not to seek re-election in 2019. But when they met in Ethiopia on Sunday, Buhari and Obasanjo shook hands. Though the two leaders spoke for about two minutes, their encounter caused excitement inside the Nelson Mandela Hall, venue of the AU summit. Minister of State for Aviation, Senator Hadi Sirika and Minister of Foreign Affairs, Mr Geoffrey Onyeama, alongside others members of the Nigerian delegation smiled as they watched from a distance. Photojournalists were also said to be scrambling to take shots of the historic moment. Former Head of State, Gen Abdulsalami Abubakar (rtd), later joined Buhari and Obasanjo for photographs. The Daily Times recalls that the federal government had stated that though it took Obasanjo’s admonition in good faith, it added that the former President was too busy to notice the achievements of Buhari-led administration. In a statement made available to journalists few days after, the Minister of Information and Culture, Alhaji Lai Mohammed, said Buhari’s focus at the moment is to fulfil the mandate which Nigerians gave to him. The statement reads in part, “On whether or not President Muhammadu Buhari should run for another term, it is true that many Nigerians have been calling on the President to run again, while others are opposed to his return. “However, we believe this issue is a distraction for the president at this time. This is because Mr President spends every waking hour tackling the enormous challenges facing the nation, most of which were bequeathed to his administration by successive past administrations.” Vice-President Yemi Osinbajo also stated on Friday that Buhari is not thinking about a second term “at the moment”.

Mon, 29 Jan 2018
United Kingdom based Chieftain of the Peoples’ Democratic Party PDP, Hon. Opeyemi Falegan, has said that the continued and unabated killings of innocent Nigerians by suspected herdsmen pose great danger to the peaceful co-existence of the people, if not checked. Falegan lamented that the latest wanton killings and destruction of lives and property of innocent Nigerians, especially over their source of economy, called for quick intervention of the Federal Government and other international communities in order to find permanent solution to the development. The PDP chieftain said in a statement made available to newsmen in Ado Ekiti that “it is disheartening and barbaric, the way and manner, herdsmen carry out their heinous acts without being arrested or prevented by security agents, despite arrays of security apparatus in the country. “Intelligence gathering and swift response mechanism by the security agents should ordinarily prevented the Herdsmen from actualising their uncivilized, unreasonable and barbaric actions. “In the world over, no sane society will allow some security challenges threatening the unity and economy of a country like Nigeria to thrive, despite huge security budgetary provision yearly in that regard,” he stated. Falegan made case for protection of agriculture practicing communities in the country from any form of attack in order to encourage people on the need to go back to the farm in an effort to rejuvenate the economy. According to him, the recent recession witnessed in Nigeria is as a result of neglect of agriculture practice by able men and women, adding: “Now that the recession has forced people to go back to their base, herdsmen killings and destruction take a center stage, which undoubtedly will discourage the farmers and intending ones from embarking on cultivation. “Therefore, the Federal Government should be bold enough to arrest the herdsmen, their sponsors and prosecute them in order to rebuild confidence of Nigerian people in the ability of the government to protect their lives and property. “It is a known fact that oil money had failed us due to heart boggling corruption in the sector and the only way out now is agriculture, hence the need for the government to do the needful for the farmers to build a sustainable economy through agriculture,” he stated. Falegan charged the nation’s security agencies to be more professional and alive to their responsibility of protecting the lives and property of the people without being biased to any tribe or region “for peace to reign in the already volatile Nigeria nation”. The PDP chieftain commiserated with the people who lost their loved ones in the latest crisis across the country.

Mon, 29 Jan 2018
The Personal Assistant to President Muhammadu Buhari on social media, Lauretta Onochie, has said that her principal is the only Nigerian leader not accused ofThe post Buhari remains Nigerias only incorruptible leader Aide appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
A Professor of Physics, Department of Physics, faculty of Science, Lagos State University (LASU), Ojo, Lagos, Adenike Boyo has urged the Federal Government to partnerThe post LASU don offers panacea to fuel crises appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
Oluchi Igwedibia, a younger brother to late serial kidnapper and mass murderer Johnson Igwedibia a.k.a Don Wani, has been shot dead by security forces. Oluchi,The post Security forces kills Don Wanis younger brother Obata Osu appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
President Donald Trump said the United States deeply respects Africans and will dispatch its top diplomat to the continent. This was contained in goodwill messageThe post America deeply respects Africa,Trump tells AU appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
The Nigeria Bulk Electricity Trading Plc (NBET) has disbursed a total of N152.974 billion to 23 power generation companies (GenCos) within the first seven monthsThe post GenCos gulp N152.9 bn of N701 bn Power Sector Fund in seven months appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
That the Governor of Ebonyi State, Engr. David Umahi has made lasting strides in infrastructure and agricultural development in Ebonyi State is not in doubt.The post Gov. David Umahis golden strides in Ebonyi State appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
Being a pastors wife they say is a difficult and, at times, tedious work. Aside the fact that, their husband are one of the mostThe post Pastor Foluke Adeboye, Faith Oyedepo, Others Top List of Five Prominent Pastors Wives appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
President Muhammadu Buhari has called on African leaders to take the necessary step and provide the mechanism to disrupt terrorists recruitment and financing networks inThe post We must disrupt terrorists recruitment, financing networks -Buhari appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
Says until the legislation is revisited, it would be difficult to resolve herders, farmers crises Leadership of the Miyetti Allah has said that the greyThe post Grey areas in Anti-Grazing law responsible for Benue killings Miyetti Allah appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
Tragedy occurred in Enugu at the weekend at Ugwuoba in Oji River Local Government Area of Enugu state when two persons excavating sand were buriedThe post Two buried alive in a burrow pit in Enugu appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
Few days after Nigerias Ex President, Chief Olusegun Obasanjo, wrote President Muhammadu Buhari, advising him to take a rest from public service, both men areThe post Watch PMB and OBJ at 30th AU Summit appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
Home-based Super Eagles came from behind to beat Angola 2-1 and zoom into the semi-finals of the ongoing African Nations championship in Morocco. Angola wereThe post BREAKING: CHAN 2018- Nigeria qualifies for semifinals appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
. As CBNs restrictive fx policy may hinder index inclusion Director General of the Debt Management Office (DMO) has announced that the Federal Government wouldThe post FG to raise US2.5bn Eurobond in Q1 2018 appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
As profit taking persists Investors appetite for higher returns lifted activities in the conglomerates sector for the week ended Friday 26th January 2018 to emergeThe post Conglomerates, finance, consumer goods stocks boost equities turnover appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
suspends 2 senior tax officials, vows to root out fraudsters in tax offices .. To fast-track action on tips on revenue generating agencies The FederalThe post BREAKING: FG investigates over 200 whistleblowing tips on tax officials, taxpayers appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
As the nation looks up to increased liquidity as the political landscape conditions for the 2019 general lections, agriculture sector may further suffer as expectedThe post Why banks lending to agriculture weakens appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
Prominent lawyer and Senior Advocate of Nigeria, Paul Usoro, has enjoined lawyers across the country to build competencies in financial management in order to aidThe post A law firm is a business concern, Usoro SAN tasks lawyers on leadership, finance management appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 

Mon, 29 Jan 2018
The Nigerian Stock Exchange (NSEor The Exchange), hereby restates that the amendments to Pricing Methodology and Par Value Rules, which can be found in RulesThe post NSE: New price methodology rules takes off Monday January 29 appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers 
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