NAIJA NEWSPAPERS: TODAY'S THE LEADERSHIP NEWSPAPER HEADLINES [9TH APRIL, 2017].


Below are the headlines found on The Leadership Online Newspaper for today, Monday, 9th April, 2017.


Mon, 09 Apr 2018
It became evident last night that the National Executive Committee (NEC) meeting of the All Progressives Congress (APC) billed to hold today would be rancour-free, as state governors elected on the party’s platform who were in favour of the contentious tenure elongation for the party executives may have caved in to superior arguments. LEADERSHIP gathered that as at yesterday evening, there was a congruence of opinion among the pro-Oyegun governors that any form of grandstanding and stubborn defense of position at today’s NEC meeting may spell political disaster for the party ahead of the 2019 general election. To save the governing party from implosion, the APC governors who had hitherto pushed for tenure extension for the party’s leadership at the national and state levels have resolved to throw in the towel for peace to reign. Speaking with our correspondent last night, a source close to the pro-Oyegun governors said, “They are also considering the fact that President Buhari who is the leader of the party would have foreseen the danger ahead and that must be why he is insisting on the convention to avoid anyone from accusing the party of illegality”. Corroborating this, Kano State governor, Abdullahi Umar Ganduje, also revealed that the governors are united in favour of the elective convention being advocated by the president. Ganduje said that the earlier decision of NEC,
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which favoured tenure extension, will be reversed at today’s NEC meeting. Speaking with journalists in Abuja over the weekend, Governor Ganduje also revealed that today’s NEC meeting is expected to decide on the date and timetable for congresses and the national convention of the party, which will bring in new set of leaders at all levels. He said, “Yes, there was controversy on this even though yesterday we were able to put it at rest. But let me tell you the issues involved. Those who are advocating for tenure elongation are advocating on the premise that when we hold congresses and convention, according to their own perception, there will be a lot of problems and that problem will linger into election period. Well, that is a perception; it could be that way and it could be that some people wanted to retain power. Therefore that reason is bias. “However, I don’t belong to that school of thought. The constitution of our party has made a provision for four years and at the end of it we have to hold congresses and convention. The constitution of Nigeria has also provided for that. So, we have no reason whatsoever. “If you are saying that there would be some problems, problems are part of ingredients of politics. There is no way you can practice democracy in a developing country without having some problems. There must be problems; there must be divergent views and disagreements. There will never be a time that things will be 100% normal. So, even if there is problem, that is part of democracy and we will be able to move forward. The governor continued: “For those who thought they would be able to continue, we said no and I think Mr President finally hit the nail on the head by saying that he is not in favour of any tenure elongation. “Tenure elongation is undemocratic, it may lead us to litigation which will not be good for the party and we are happy that we have convinced the few governors that were for the elongation and on Monday we hope to have our NEC meeting where the previous decision will be reversed and by then, timetable will be out for congresses at the ward level, at local government level, at the state level and finally convention at the national level. “I think that is the situation and I am happy to say that the chairman of the Nigeria Governors’ Forum issued a statement; the chairman of the APC governors Forum also issued a statement and the national chairman of the party, Chief John Oyegun, made a statement as well to say that all is well.”

Mon, 09 Apr 2018
Former Edo State governor, Comrade Adams Oshiomhole, has implored President Muhammadu Buhari to adopt a “ruthless” measure against alleged looters of the nation’s treasury. Oshiomhole who stated this in Benin yesterday described as mindless, the stealing by the Peoples Democratic Party (PDP)-led federal government. The former governor noted that it is the right of Nigerians to know the level of rot that transpired in former President Goodluck Jonathan’s government. He said, “I think that if other Nigerians don’t understand the power of transparency, the right to know, the media should uphold that right and defend it. What was stolen was not from private purse; the house that was destroyed was not a private residence. “We are talking of resources, which if it is distributed on basis of equality, divide by 180 million people you will be a lot richer. “I think my only complaint is that the federal government should be more ruthless because there are lot of people who should be in court who
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are not there. When I was still in the office and I said the kind of money they stole was huge in dollars they paid hired writers to ask how I knew. “I have interacted with power vertically and horizontally. I know that we cannot be lamenting today without understanding that the treasury was burgled yesterday. I think the promise of democracy is that good or bad, the people have the right to know and that is the starting point and particularly important. “I think the people have the right to know and if any of them think that what has being said is not true, they can go to court. All of them who are involved and those who they are looking for, they should put everything in public domain and that is the promise of democracy and it is about you. “Just by virtue of being in a winning party they helped themselves so much. One of the acting chairmen of PDP, Ahmed Makarfi, I used to respect him so much, I heard him saying that the reason they did not indict Diezani was that the money missing and everything that was done, Goodluck approved. “If President approved the money, should it be stolen and not go into the federation account or used for the intended purpose. Jonathan may have immunity against prosecution but he doesn’t have power to appropriate what the National Assembly has not done. “Right now, they are now saying the national assembly should not approve the $1 billion the federal government is going to spend on security. This is a party that spent well above that without going to the national assembly at all.”

Mon, 09 Apr 2018
The Nigerian National Petroleum Corporation (NNPC) said on Sunday that it had updated its outstanding audit of the group financial statements from 2011 to 2016. NNPC spokesman, Mr Ndu Ughamadu, said in a statement in Abuja that the audited backlog had since been approved by the board of the corporation in line with the laws governing its operations. He quoted Mr Isiaka AbdulRazaq, chief financial officer/group executive director, Finance and Accounts, NNPC, as saying that the presentation of the audited financial statements would help foster better relationship between NNPC and stakeholders. He said that the presentation would further promote transparency and accountability in the corporation. Ughamadu said that the management inherited a total of 65 unaudited financial statements for NNPC group corporate and its subsidiaries covering 2011 – 2014. ‘‘There were, undoubtedly, challenges that led to the backlog which may have been beyond the control of the previous managements. However,
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the important factor was not to look at the past. We saw an opportunity to challenge the problem, and resolved to clear the arrears in the shortest possible time,” he said. He said the corporation management constituted a project steering committee, which met weekly with the auditors and relevant stakeholders to identify and isolate key challenges and give them priority attention. “With this approach, management achieved the first step of concluding the audit of the 2011 – 2012 financial positions and presented same to the board in 2016. In recognition of that modest achievement, the NNPC board further mandated management to clear the remaining outstanding reports for theperiod 2013 – 2016. “The result today is the delivery and board approval of the audited group financial statements as at Dec. 31, 2016,’’ he said. Ughamadu said that the Managing Director, Nigerian Pipeline and Storage Company, Mr Luke Anele, would embark on a comprehensive audit of the over 5000 kilometre petroleum products and crude oil pipelines under its watch. He said the project which had already been approved by the NNPC management would be executed by the National Engineering and Technical Company, an upstream subsidiary of the NNPC.

Mon, 09 Apr 2018
As Nigeria's longest rigid pavement road project inches closer to completion, motorists travelling from Northern part to the South said the road has started supporting vehicular movements across the regions. The Obajana- Kabba road in Kogi State is said to be the longest concrete road project in Nigeria and one of the country's roads that []The post Motorists Laud Dangote Over Concrete Road Project appeared first on Leadership Nigeria Newspapers. 

Mon, 09 Apr 2018
Insurance operators as well as brokers have said the passage of the consolidated insurance bill by the National Assembly (NASS) into law, will redefine insurance landscape in the country. President, Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Shola Tinubu, though, hoping the bill can get to the National Assembly and passed into law by []The post Passage Of Consolidated Insurance Bill To Redefine Insurance Industry ' Operators appeared first on Leadership Nigeria Newspapers 

Mon, 09 Apr 2018
Experts have called for urgent attention on increasing negative reserves of some underwriting firms in the country, saying, this is an indication of crisis. Earlier, the 2016 Nigeria Insurance Digest, a publication of Nigerian Insurers Association (NIA) has revealed that 29 Insurers posted negative reserves amounting to N93.15 billion in 2016. The report also shows []The post Experts Seek Measures To Curb Negative Reserves Of Insurers appeared first on Leadership Nigeria Newspapers. 

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Mon, 09 Apr 2018
The incessant loss of jobs by workers in the public and private sectors in the country may have taken its toll on the N7.51 trillion pension assets as about 63,000 unemployed Nigerians withdrew N20.64 billion from their pension contributions in 2017, LEADERSHIP can now reveal. This payment is about 24 per cent of the total []The post N7.5trn Pension Fund: 63,000 Disengaged Nigerians Withdraw N20.64bn appeared first on Leadership Nigeria Newspapers. 

Mon, 09 Apr 2018
Eight Banks on the Nigerian Stock Exchange (NSE) have explained the reasons for the delay in filing their annual financial statements for the year ended December 31, 2017 to the investing public. Quoted companies listed on the floor of the Nigerian Stock Exchange are expected to the file their audited financial statement after 90 days []The post NSE: 8 Banks Miss Annual Results Deadline appeared first on Leadership Nigeria Newspapers. 

Mon, 09 Apr 2018
The Nigerian equities market reverted to a loss last week on profit activity as all the sectored gauges closed in the negative side. The equities market experienced a four-day trading session last week due to public holiday dated March 30 and April 2, 2018 to mark the Easter celebration. The All Share Index shed 1.60 []The post Equities Market Declines By 1.60% On Renewed Bearish Activities appeared first on Leadership Nigeria Newspapers. 

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Mon, 09 Apr 2018
Tantalizers Plc, the only fast-food business listed on the Nigerian bourse posted its first profit in over five, reporting a profit before tax of N450 million for the financial year ended December 31, 2017. The company's result released on the Nigerian Stock Exchange (NSE) showed that its profit before tax grew to N450.62 million as []The post Tantalizers Returns To Profit With N450m appeared first on Leadership Nigeria Newspapers. 

Mon, 09 Apr 2018
Chief Financial Officers (CFOs) in Nigeria have identified tax, regulatory and government policy as the most important 'stay awake' issues for them. The critical concern is closely followed by those arising from internal challenges such as margin enhancement, growth and cost optimisation. These findings were revealed in the 2018 KPMG CFO Outlook survey report that []The post CFOs Raise Concerns Over Tax, Govt Policies appeared first on Leadership Nigeria Newspapers. 

Mon, 09 Apr 2018
As the price of crude oil at the international market continued to move closer to $70 per barrel, Nigeria's external reserves have continued to accrue rising by more than 19 per cent in three months period. Latest data by the Central Bank of Nigeria (CBN) showed that the 30 days moving average of the reserves []The post External Reserves Rise By 19% In 3 months appeared first on Leadership Nigeria Newspapers. 

Mon, 09 Apr 2018
In-form forwards Cristiano Ronaldo and Antoine Griezmann were both on the scoresheet as the spoils were shared in a Madrid derbi that saw both teams have at least half an eye elsewhere. It was billed pre-game as a 'decaf-derbi' due to Barcelona's dominance of the title race, with even Atletico president Enrique Cerezo admitting that []The post Griezmann, Ronaldo Score In Madrid Derby Draw appeared first on Leadership Nigeria Newspapers. 

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Mon, 09 Apr 2018
Nigeria international, Alex Iwobi, put up a good show on Sunday as he provided two assists that aided Arsenal's 3-2 win over Southampton in their Premier League clash at the Emirates. Iwobi was in action from start to finish as the Gunners recorded their sixth successive win across all competitions. Danny Welbeck netted a brace []The post EPL: Iwobi Shines As Arsenal Beat S'pton In 5-goal Thriller appeared first on Leadership Nigeria Newspapers. 

Mon, 09 Apr 2018
The chances of Team Nigeria equaling their last outing at the Commonwealth Games in Glasgow let alone surpass same feat may no longer be realistic. However, there is still glimmer of hope at the ongoing games in Gold Coast, Australia, which entered Day 5 today. There was heartbreak for Team Nigeria in the 100m women's []The post COMMONWEALTH GAMES: Team Nigeria's Duo Reach 100m Final appeared first on Leadership Nigeria Newspapers. 

Mon, 09 Apr 2018
The much awaited 2018 Lateef Olasunkanmi Fagbemi (LOF) Cup, otherwise known as Abuja Super 5-aside Football Competition' finally kicked off at the weekend with City FC whitewashed Trinity FC 8-0 in one of the opening fixtures played on the astro-turf of Maitama Gardens and Sports Caf, Abuja. A total of 12 teams drawn from over []The post Lateef Fagbemi Super 5-Aside Football Tourney Kicks Off appeared first on Leadership Nigeria Newspapers. 

Mon, 09 Apr 2018
The recent observations of Mr. Bill Gates, the American billionaire-philanthropist is not lost on policy makers and managers in Nigeria's health sector. After considering several policy options, the Federal Government, last April, unveiled the Economic Recovery and Growth Plan, ERGP. The 140-page package seeks to address three broad areas of the economy: growth, investing in []The post Buhari's Promising Agenda For Unilorin Teaching Hospital appeared first on Leadership Nigeria Newspap 

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Mon, 09 Apr 2018
Politics is all about amicable management of the inherent crises of competing opinions and interests to achieve desired objectives with minimum acrimony. This definition of politics is very pertinent in the peculiar circumstances manifesting in the APC, especially in the context of amicable management of competing interests which the party is evidently now at the []The post Good Governance: A Tale Of Two Governors appeared first on Leadership Nigeria Newspapers. 

Mon, 09 Apr 2018
The fresh outbreak of Lassa fever in the country should give real cause for concern. Latest report has it that the Federal Capital Territory (FCT), Abuja has recorded a new case of the disease, bringing the number of confirmed cases to three within three months. One of the two victims of the confirmed cases earlier []The post Combating Lassa Fever Resurgence appeared first on Leadership Nigeria Newspapers. 

Mon, 09 Apr 2018
When President Muhammadu Buhari approved the conduct of the Exercise Ayem Akpatema, an operational name derived from Tiv vernacular, meaning 'Cat Race,' by the Nigerian Army, it was a huge relief to many families who found themselves in the web of conspiracy between Nigerian politicians and ethnic jingoists out to exploit the sour state of []The post Ayem Akpatema: Why The Cats Can't Stop The Race Now appeared first on Leadership Nigeria Newspapers. 

Mon, 09 Apr 2018
The governing APC will today hold a crucial meeting of its National Executive Committee (NEC) considered in the political circle as a make or mar gathering. JONATHAN NDA- ISAIAH chronicles recent events that necessitated the third meeting of the party's highest decision making body in less than two months At the moment, the governing All []The post Issues As APC Holds Emergency NEC Meeting Today appeared first on Leadership Nigeria Newspapers. 

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Mon, 09 Apr 2018
Authorities of the Nigerian Army have denied reports making the rounds that the force has withdrawn its troops from internal security operations in some parts of the country. A statement signed by the Director of Army Public Relations, Brigadier General Texas Chukwu said the Nigerian Army will continue to live to the expectations of Nigerians []The post Army Debunks Rumour Of Troops' Withdrawal From Internal Operations appeared first on Leadership Nigeria Newspapers. 



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