NIGERIA NEWSPAPERS: TODAY'S THE GUARDIAN NEWSPAPER HEADLINES [18 JANUARY, 2018].


Below are the headlines found on The Guardian Online Newspaper for today, Thursday, 18 January, 2018.

Thu, 18 Jan 2018
The Senate, yesterday, delivered a damning indictment on the President Muhammadu Buhari-led Federal Government, stopping short of calling for the incumbent’s resignation.It, however, minced no words in questioning the relevance of cabinet members and service chiefs whom it accused of failing to protect the life and property of Nigerians amid onslaught by foreign militias. They must be relieved of their duties, the chamber submitted.

The House also flayed a plot by unnamed person in the presidency to remove Senate President Bukola Saraki while the National Assembly was on Christmas break.Without a dissenting voice, the Senate resolved to suspend sitting next Wednesday and Thursday for a security summit to be presided over by Saraki.

Some 24 hours before yesterday’s reprimand, the Senate had debated the worsening state of security in the country, an indication of its growing dissatisfaction with the Federal Government’s handling of the matter.Some of the lawmakers disclosed that the armed Fulani herdsmen were members of Boko Haram who had fled the North East.


Senator Shuaibu Lau (PDP, Taraba North) raised a motion to draw the attention of the Federal Government to the activities of militia groups in his area.Senator Ben Murray Bruce (PDP, Bayelsa State) rose swiftly in support, calling on the executive arm of government to perform its function of protecting Nigerians.

“It seems to me that Nigeria is becoming a lawless country; a country with no rules and regulation, a country where laws are not adhered to, and a country where there is no consequence for bad behaviour.

“The Minister of Defence should tell us what he is doing. If the cabinet is incompetent, then we should fire them. You do not understand this. Maybe cameras should go and see these dead bodies. Maybe the National Broadcasting Commission should change its laws and go and see these bodies. It is as if we are in Liberia or Cameroun. The executive should speak and explain to Nigerians what is happening in this country.”

Senator Kabiru Marafa (APC, Zamfara Central) said armed foreign militia groups now control his state, administering justice in the place of emirs and traditional rulers.“In my town, they are the ones that judge between people. The people no longer go to the local authorities. They do not go to the police. If there is a problem, they go to the bush and tell these people, ‘I have a problem with somebody’. This is a national emergency. In all the local governments, this is the truth of the matter.”

Senate Deputy Minority Leader, Emmanuel Bwacha (PDP, Taraba South) called on the Federal Government to checkmate the menace of the killer herdsmen.
“When we were on holiday, so many people were going behind to try and remove the Senate President. A minister was spearheading this thing. What is the reason? They said the Senate President would leave APC and they should create problems for him. What kind of country is this?” asked Senator Isah Hamma Misau (APC, Bauchi Central).
Thu, 18 Jan 2018
Stakeholders in the oil and gas as well as the maritime industry, converged in Abuja, sought leeway to export Nigerian crude oil in order to attract maximum benefits.

The meeting led by the Ministry of Petroleum Resources, and the Nigerian Maritime Administration and Safety Agency (NIMASA), is expected to fast track the country’s transition from the Free-on-Board (FOB) to Cost, Insurance and Freight (CIF) system of exporting the nation’s oil.

Speaking at the forum, which focused on: “Free On-Board (FOB) and Cost, Insurance and Freight (CIF) Incoterms Framework for Export of Nigerian Crude Oil and Gas,” the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, insisted that Nigeria is in urgent need of improving its oil export. He decried that various attempts in the past to transit from FOB to CIF system of exporting the nation’s crude oil had failed.


According to him, there is no better time than now to revisit the issue holistically, to determine which of the systems best serves the interest of Nigeria.He urged participants to come up with recommendations to help the Federal Government take appropriate decision on the issue with a view to enhancing the nation’s the economy.

Kachikwu also applauded the clamour for local participation in the industry, while commending the organisers that the event came at an opportune time following the recent launch of 2018/2019 crude oil term contracts.He added that the event would ensure clear cut resolutions and propositions that would form policy inputs that will set the pace for the industry.
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, however defended that the Corporation’s preference for FOB was informed by the prevailing security situation, and the need to guarantee steady revenue into the Federation Account.He argued that under CIF, petroleum cargoes are legally the property of the Federal Government, which could pose a danger to the country’s earning, as creditors could procure court orders to confiscate oil cargoes as a means of securing payment for Nigeria’s indebtedness.

“The experiences of Nigerian Airways, and the Nigerian National Shipping Line, both of which had their vessels/aircraft and cargoes confiscated on court orders obtained by creditors is unpleasant to recall.

Thu, 18 Jan 2018
Economic experts have warned Nigeria not to be carried away by the influx of foreign portfolio investment dominating the Nigerian Stock Exchange (NSE), noting that a combination of highly mobile portfolio investments and unreliable crude earnings could unravel without warning, and cause external reserves to decline, as experienced from April to November 2008.Besides, they urged the Federal Government to strengthen the non-oil export sector rather than depend solely on rising oil prices. One of them, a financial expert and Chief Consultant, B. Adedipe Associates Limited, Dr. Biodun Adedipe, said as Nigeria approaches the 2019 elections, it is likely that most foreigners would leave the country, and most likely take their investment along due to uncertainty of macro-economic policies.
“We need to do at least 50 per cent of what we did yesterday to get to the historical peak the stock market in Nigeria ever reached, and that was in 2008,” he said He noted that the euphoria over the seeming foreign exchange liquidity is gradually pushing Nigeria to another worrisome strait, adding that the economy could tailspin into trouble if more attention is not paid to strengthening the non-oil sector to truly diversify foreign earnings, and drive down reliance on consumption imports.

Adedipe, during a round table session organised by the Chartered Institute of Bankers of Nigeria (CIBN), tagged the 4th Economic Outlook: “Implication for businesses in Nigeria in 2018,” noting that although Nigeria’s economic recovery is still fragile, expressed hope as most economic agents remain upbeat and optimistic. Meanwhile, the President/Chairman of Council, CIBN, Prof. Segun Ajibola, tasked economic managers to urgently address issues such as the current high unemployment rate, which rose exponentially from 14.2 per cent to 18.8 per cent in 2017.


He maintained that efforts need to be further intensified to ensure that the steps being taken to improve electricity generation and distribution across the country yield the desired result.

“It would not be misplaced to categorically state that a state of emergency should be declared across the country on security, particularly between farmers and the Fulani Herdsmen in order not to scare away foreign investors from prominent economic hubs of the nation,” he advised. Delivering his keynote address, the Chief Executive Officer, Nigerian Economic Summit Group (NESG), Laoye Jaiyeola, said for Nigeria to achieve an all inclusive growth economy, it must prioritise development objectives towards running a knowledge-based economy, increase investments in technology, and improve the quality of lives of its people.
Thu, 18 Jan 2018

Governor Aminu Waziri Tambuwal has sworn-in Sokoto State’s first female professor, Aishatu Madawaki, and three others as commissioners.Madawaki, a professor of Educational Psychology at Usman Danfodio University, was sworn-in along with Ahmed Barade Wamakko, Garba Yakubu Tsitse and Bello Isa Ambarura.
Also sworn-in was a former member of the House of Representatives Malam Umar Bature and a former rector of the state polytechnic, Dr. Bello Rabiu Alkali as special advisers and Alhaji Bello Buba as the chairman of Wamakko Local Government Area.

Speaking at the ceremony, Tambuwal asked the new appointees to see their appointments as a call to service.“You were all selected based on merit and your track record in the service of Sokoto State. You are all experienced in your various fields of human endeavour and the state looks forward to getting positive contributions from you,” the governor said.

Thu, 18 Jan 2018
The police high command yesterday paraded 13 kidnappers, armed robbers and cattle rustlers who terrorise motorists along the Abuja-Kaduna-Minna highway. 

Thu, 18 Jan 2018
Presidential candidate of the ruling All Peoples Congress (APC) in Sierra Leone, Dr. Samura Kamara, has promised to protect and preserve foreign business investments in the country if elected in the scheduled March 7 election. 

Thu, 18 Jan 2018
Troops of the 4 Brigade, Nigeria Army Benin City and the youths of the Ijaw Gelegele community in Ovia North East Local Council of Edo State have disagreed over an alleged attack on the troops drafted to Dubril Oil Company Plc.... 

Thu, 18 Jan 2018
The World Health Organisation (WHO) has raised alarm over imminent 'deadly' epidemic of Yellow fever in Nigeria. The WHO, last month, warned that yellow fever cases throughout Nigeria are escalating concerns about the risk of large, costly, and difficult-to-control outbreaks..... 

Thu, 18 Jan 2018
The Abia State Chairman of the Nigeria Labour Congress (NLC), Uchenna Obigwe said the state has cleared all salary arrears of core civil servants in the state.He explained that civil servants in ministries, parastatals and departments were paid all their entitlements as at December. 

Thu, 18 Jan 2018
I need to call the attention of the NFF to the fact that Super Eagles players across the world need proper monitoring. They need to carryout their activities in the knowledge of the big assignment before them. 

Thu, 18 Jan 2018
The Corporate Council on Africa (CCA), a leading United States business association, has joined other international and local voices in repudiating the negative comments allegedly made by President Donald Trump about African immigrants to his country. 

Thu, 18 Jan 2018
Former national secretary of the Labour Party (LP), Kayode Ajulo, says the people of Benue State and other affected regions should take up the task of defending themselves against the marauders. 

Thu, 18 Jan 2018
Apparently in response to the 2019 general elections timetable released last week by the Independent National Electoral Commission (INEC), the reelection campaign posters of Enugu State Governor Ifeanyi Ugwuanyi has now flooded the state. 
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