NIGERIA NEWSPAPERS: TODAY'S THE GUARDIAN NEWSPAPER HEADLINES [8TH APRIL, 2018.]


Below are the headlines found on The Guardian Online Newspaper for today, Sunday, 8th April, 2018.

Sun, 08 Apr 2018
Experts have cautioned the Federal Government not to go ahead with the planned concession of the Ajaokuta Steel Company Limited (ASCL).
Minister of Solid Minerals Development, Dr. Kayode Fayemi, had recently insisted there was be no going back on the move, saying: “Government had taken a decision not to spend an additional one dollar on Ajaokuta, since over $8 billion had been sunk into the project since 1982. Instead, government felt it would be better to give the complex to an operator with proven technical record and financial ability to run it more profitably.”

But Professor of Extractive Metallurgy and Material Processing at the University of Lagos, Engr David Esezobor, believes the minister’s resolve, if implemented, could be counterproductive. Strategic projects for national defence or security or wealth creation or industrialisation should never be privatised, he warned.

Esezobor, also Co-Chair, Iron and Steel Development, Nigerian Society of Engineers (NSE), told The Guardian in an exclusive interview: “I want someone to prove me wrong. There is no industrialised nation in the world that started its first steel project under concession, especially an uncompleted project such as Ajaokuta.



please click on the banner to support us for free Interested in Advertising?



“I have said it in several fora that the integrated Ajaokuta steel project is not mature for privatisation, due to the huge capital investment required, absence of massive infrastructure support, and high susceptibility to policies and global market situation.”

On concern over financing, Esezobor stressed: “Government cannot fund this gigantic project through budgeting. Egypt, for instance, that started its steel project after we embarked on ours, has completed it. And Egypt is expanding the project, neglecting advice from the World Bank. It floated bonds and shares for the citizenry. These were distributed at a low price.

“Nigeria can borrow a leaf from Egypt. It can establish a Metallurgical Development Bank for the sector. I know notable Nigerians both within and outside that would key into the project. People are thinking that the money should come from the government alone. No. If the right institutional framework is put on ground, the money needed will be generated. And moreover, a non-technical ministry should not handle it. This is because if you have billions of dollars there today, you may not be able to make use of it in the right direction.”

What the Federal Government lacks the most is “strong” political will. “It fails to realise that the key to any political agenda is a solid iron and steel base, not necessarily commerce. It fails to realise that the neglect of this sector amounts to gross error and misplacement of priority for Nigeria,” he said.

Former ASCL Sole Administrator, Eng. Isah Joseph Onobere, also warned against privatising the company, saying: “You have to be very cautious in exercising the mandate on privatisation when you take into cognisance the experiences from previous attempts at privatising the steel sector of our economy.”

He recalled that Ajaokuta had witnessed two failed concessions and that the nation was worse for the attempts. “We have a protracted arbitration case between the Federal Government and the last concessionaire, M/S GINL, at the London Court of Arbitration. Osogbo and Jos Rolling Mills are still under lock and key, since they were privatised in 2005.

“We submit with due respect that Ajaokuta Steel plant, being at once the jugular of the Nigerian steel sector, should not be privatised until the project is completed, commissioned and its operations stabilised, if at all.”

Sun, 08 Apr 2018
The Adamawa State chapter of the All Progressives Congress (APC) has warned that the proposed convention could jeopardise the chances of the party at next year’s general elections.

The warning came as the National Executive Council (NEC) prepares to hold a meeting tomorrow, where it is widely expected to reverse itself on the tenure elongation it proposed for the National Working Committee (NWC), opting instead to hold congresses.

The organising secretary, Alhaji Ahmed Lawan, said in Yola, yesterday: “We in Adamawa are not against the decision of the NEC to conduct a fresh convention. It is a constitutional provision. But my advice is that the members of NEC should use wisdom in handling the issue because there are deep potholes along the road that may cause political accident for our party. I advise them to be very careful, in order not to push our party into a bigger crisis ahead of the general elections.”


please click on the banner to support us for free Interested in Advertising?




The Guardian reliably gathered, yesterday, that the leaderships of the party, particularly President Muhammadu Buhari and others including governors, have come to terms with the legal implications of the extension.

It was said that the elongation of tenure would not fly tomorrow because it would damage further the popularity of the party and the government, and undermine due process. It would also contradict both the APC and the federal constitutions.

The need to attend tomorrow’s strategic meeting might have compelled Buhari to change his travel schedule. What remains unclear, however, is whether the governors and other stakeholders, whose political future depend on the outcome of planned congresses, would align with the president’s alleged position to sacrifice incumbent National Chairman John Odigie-Oyegun for the peace, integrity and progress of the APC.

The technical committee headed by Governor Simon Lalong of Plateau State, tasked with advising the NEC on the tenure issue, submitted its report in Abuja on Friday. The content of the report, which remains unknown, will be tabled at the meeting.

There are speculations the committee recommended that NEC reverse itself while the party holds a national convention for the election of new officers.

A top NEC member told The Guardian, yesterday, that it was true every member of the party, including Buhari, have seen the serious implications of the tenure elongation and that nobody was averse to its reversal. He, however, added: “If anybody tells you that this or that is the content of the report of the technical committee, such a person is only speculating.”

It is believed tomorrow’s meeting will be a battle between forces loyal to former Lagos State governor and National Leader, Bola Ahmed Tinubu, and persons loyal to Oyegun. Also, if Tinubu loyalists prevail and congresses hold, Oyegun and some principal officers including the National Legal Adviser Dr. Muiz Banire, the National Publicity Secretary Mr. Bolaji Abdullahi, Chairman Lagos State APC Otunba Oladele Ajomale and others, who allegedly played roles in the tenure elongation controversy, may not be re-elected.

Sun, 08 Apr 2018
In the Redeemed Christian Church of God, we take people through some rudimentary doctrinal teachings after their salvation experience, before they are water baptised. Candidates for water baptism go through what we call the Baptismal class. 

please click on the banner to support us for free Interested in Advertising?




Sun, 08 Apr 2018
Former Vice President and chieftain of Peoples Democratic Party (PDP), Atiku Abubakar, and the President of Senate, Bukola Saraki, have called for improved security architecture in the country. 

Sun, 08 Apr 2018
The midnight heavy downpour in some areas of Ibadan, Oyo State Capital, last Friday, destroyed no fewer than seven buildings, including the Students Union (SU) building, two halls of residence, Chemistry Laboratory of International School and some buildings.... 

Sun, 08 Apr 2018
World number one Rafael Nadal will have to defeat young German star Alexander Zverev on Sunday to keep Spain in the Davis Cup after Germany took a shock 2-1 lead after a marathon doubles triumph. 

Sun, 08 Apr 2018
General Overseer of The Christ Fire World Evangelism Ministries (CFWEM), Igbe, Ikorodu, Lagos,Dr. Israeli Owonibi has said that Boko Haram is a sign of the end time. He said that only Christ could bring peace. 

Sun, 08 Apr 2018
A nation's development would be greatly restricted without a viable steel industry. This assertion encapsulates the tragedy of Nigeria's effort to develop the sector in question, a narrative of failure by successive administrations to complete the Ajaokuta Steel Company Limited 

please click on the banner to support us for free Interested in Advertising?




Sun, 08 Apr 2018
What Nigeria needs to fix Ajaokuta Steel Company Limited (ASCL) is strong political will from the Federal Government. It should treat the iron and steel sector as a strategic area of the economy and ensure that a clear vision and viable roadmap is articulated and implemented..... 

Sun, 08 Apr 2018
My wife and I had been in a relationship for six years and married for two years. Last week, I met an old school friend at a reunion party and we drank lot of alcohol and I got intimate with her and it happened on one night only. I felt so guilty, so I told [] 

Sun, 08 Apr 2018
In the olden days, administering corporal punishment as a way of disciplining children was a vital part of parenting. However, this idea has become quite controversial in recent years, as there are now divergent views as to the best method of raising children. 

Sun, 08 Apr 2018
Ahead 2019 general elections, President Muhammadu Buhari has urged Nigerians to shun politics of bitterness and embrace peace, so as to consolidate on the gains of democracy. 

Sun, 08 Apr 2018
On Sunday, January 19, 2003, The Guardian on Sunday published an article titled 'The Politics of Last Resort' written by Chuba Keshi. In that article, the author suggested that Nigerian politics has been a paradox of sorts. 

Sun, 08 Apr 2018
Whereas the Federal Government is finding it extremely difficult to meet the funding demands of universities and other tertiary institutions under its portfolio, it is baffling that private universities want the same Federal Government to support private universities... 

Sun, 08 Apr 2018
The Institute of Chartered Accountants of Nigeria (ICAN) has awarded accreditation/certificate's of recognition to tertiary institutions and Tuition Centres that have performed excellently across the country. 

please click on the banner to support us for free Interested in Advertising?




Sun, 08 Apr 2018
Ahead of 2019 polls, indication has emerged that the Peoples Democratic Party (PDP) might give its presidential ticket to either former Head of State, General Abdulsalami Abubakar or former Vice President Atiku Abubakar. 

Sun, 08 Apr 2018
This position was one of the resolutions reached at the end of a two-day Annual Roundtable on Cultural Orientation (ARTCO), organized by the National Institute for Cultural Orientation (NICO). 

Sun, 08 Apr 2018
The Rivers State governor, NyesomWike has called on labour leaders across the country to raise theirvoices in defence of democracy in the face ofmultiple challenges occasioned by bad leadership at the federal level. 

Sun, 08 Apr 2018
We are here because of our desire to see how we can kick-start the process of economic recovery. The bedrock of economic recovery of any nation is industrialisation and without developing the steel sector, there can't be progress. 

please click on the banner to support us for free Interested in Advertising?



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.