NIGERIA NEWSPAPERS: TODAY'S THE NATION NEWSPAPER HEADLINES [16 APRIL, 2018].


Below are the headlines found on The Nation Online Newspaper for today, Monday,  16 April, 2018.

Mon, 16 Apr 2018
Despite being banned, the Parliamentary Support Group (PSG) is spoiling for a fight with the Senate leadership.

The PSG, which is backing President Muhammadu Buhari on the order of elections, said yesterday that its ban could only stand, if similar groups in the Senate were banned. It was learnt that 20 governors are behind the group.



Some members of the group’s Strategic Committee, who met in Abuja yesterday, said it would ask Senate President Bukola Saraki to disband groups like the Like Minds, Northern Senators Forum (NSF) and others. The Like Minds facilitated Saraki’s emergence as Senate President about three years ago in defiance of the directive of the All Progressives Congress (APC).

The PSG, which is considering a six-point plan, resolved to reconvene on Wednesday. It said it would  stand by its secretary, Senator Ovie Omo-Agege, who was suspended last Thursday.


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A member of the Strategic Committee, who spoke in confidence, said the PSG would not be disbanded.

The source said: “We are not going to disband it because the Senate did not form it for us. The freedom of association is guaranteed in our Constitution, the freedom of speech is also guaranteed. It is a matter of interest.

“If not for groups like this, the President of the Senate, Dr. Bukola Saraki, won’t have emerged as our president. When we formed the Like Minds Group, we disrespected the directive of the All Progressives Congress (APC) to elect him as the Senate president.

“We have resolved to ask the Senate leadership to let us start by disbanding the Like Minds Group, the Northern Senators Forum  and other groups in order to create a level-playing ground for all. Look, the Northern Senators Forum is even more discriminatory than PSG”.

Mon, 16 Apr 2018
President Muhammadu Buhari yesterday bemoaned the looting of the treasury by past administrations, saying the stealing was too much.

The looters, he said, were so inept that they did not cover their tracks well.

The President spoke in London while receiving the Buhari Diaspora Support Organisation  led by Mr. Charles Sylvester.

Buhari also met with All Progressives Congress (APC) stalwart Asiwaju Bola Ahmed Tinubu at the Abuja House in London yesterday. Details of their meeting were not disclosed.



The President said his administration would justify the people’s trust in it, but lamented that it was impossible to “identify and recover all the loot.”

A statement by his Special Adviser on Media and Publicity Femi Adesina said the failure of some past administrations put the country where it is today.

The statement reads: “I am happy that people like you are here, on your own, defending the country. You have shown courage and sacrifice. I assure you that your confidence in us won’t be abused, we will do our best to justify it.”

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“The failure of some of the leadership we had in the past led to our not being able to capitalise on resources to improve the lot of the people”.

Wicked people, the President said, plundered the country, “and kept Nigerians poor”. He added that looking at the condition in which his administration met the country, without savings and the economy badly vandalised, “we have not done too badly.”

The damage done to the economy in the years of plunder, he said, was massive, adding that the government was doing its best to recover some of the loot.

Mon, 16 Apr 2018
The World Bank Group, which begins its week-long yearly Spring Meetings today in Washington has supported Nigeria with loans and International Development Association (IDA) credits worth about $14.2 billion since 1958.

The group, in the 2017 fiscal year, committed $1.51 billion to the country. So far in 2018, it has already spent $486 million on different development projects across the country.

Some of the projects being undertaken by the Bretton Wood Institution include Electricity Transmission Project, Agro-Processing, Productivity Enhancement and Livelihood Improvement Support Project, Polio Eradication Support Project and Housing Finance Development Programme, among others.

The World Bank Group is also helping to fight poverty and improve living standards in the country through 33 Core Knowledge Product Reports and 29 ongoing National and Regional projects.



This is in addition to about 60 Trust Funds.

Nigeria attends the meeting every year because of the quantum of investments and assistance it receives from both the IMF and the World Bank.

Although Nigeria currently has zero loans with the IMF, it enjoys technical support from the organisation.

Minister of Finance Kemi Adeosun and Central Bank of Nigeria (CBN) Governor Godwin Emefiele are in Washington DC to join other economic experts from around the world to discuss issues affecting global economy.

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Discussions would take place under the auspices of the World Bank Group and the International Monetary Fund (IMF).

The Meetings will bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organisations and the academia.



The experts will discuss issues of global concern, including the world economic outlook, poverty eradication, economic development and aid effectiveness.

There will also be seminars, regional briefings, press conferences and many other events with focus on global economy, international development and the world’s financial system.

Mon, 16 Apr 2018
President Muhammadu Buhari yesterday met with All Progressives Congress (APC) stalwart Asiwaju Bola Tinubu in London.

The President’s Personal Assistant on Social Media, Bashir Ahmad, made this known on his tweeter handle @BashirAhmad in Abuja.

The presidential aide posted: “President Muhammadu Buhari receives National leader of our great party, the All Progressives Congress (APC), Asiwaju Bola Tinubu (Jagaban) today (yesterday) in London.’’

The News Agency of Nigeria (NAN) reports that the President, who is on official visit to the United Kingdom, met on Wednesday with the Archbishop of Canterbury, Justin Welby, in London.



The President is also billed to hold discussions on Nigeria – British relations with Prime Minister Theresa May before the Commonwealth Heads of Government Meeting (CHOGM) scheduled for Wednesday till Friday.

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A government statement said: “The President will also meet with the Chief Executive Officer of Royal Dutch Plc, Mr Ben van Beurden, in connection with Shell and other partners’ plan to invest $15 billion in Nigeria’s oil industry.

“These investment ventures will lay the foundation for the next 20 years production and domestic gas supply, bringing with it all the attendant benefits both to the economy and the wider society.”

Meetings are also scheduled with some prominent Britons and Nigerians residing in Britain.

Mon, 16 Apr 2018
Jigawa governor is chairJigawa State Governor Badaru Abubakar was yesterday named as chairman of the All Progressives Congress (APC) National Convention Committee.His nomination as head of the 68-member panel confirms The Nations exclusive story that the governors picked him for the job after they jointly decided to back President Muhammadu Buharis position that the party should hold an elective convention.The list of members was announced on the newly hoisted official website of the party and i 


Mon, 16 Apr 2018
Nigerian President Muhammadu Buhari will be the guest of US President Donald Trump on 30 April in Washington, the White House announced on Sunday.According to the statement, Trump will discuss issues such as promoting economic growth and fighting terrorism with Buhari.The relationship of the United States with Nigeria is deep and strong, and Nigerias economic growth, security, and leadership in Africa will advance our mutual prosperity, the statement said.Nigeria has been combating the terrorist 

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Mon, 16 Apr 2018
The Police have appealed to members of the public to be patient with them as the move to rescue the kidnapped twins of Oba Lekan Balogun.The twins were kidnapped in Ibadan, the Oyo State capital, last week. The abductors, who demanded N100million, reduced it to N40milion.Oyo State Police command Spokesman Adekunle Ajisebutu, a superintendent, gave the assurance that the children would be rescued soon.He said the command was deeply concerned about the plight of the parents but appealed for patien 
Mon, 16 Apr 2018
With less than 90 days given to Teleology by the Nigerians Communications Commission (NCC) to pay $450 million as the balance of for the full acquisition of 9Mobile, there is the fear that the process may run into stormy waters with the interference of the House of Representatives Committee on Telecommunications. In this article entitled: Questions on the National Assembly and the sale of 9Mobile: What exactly is going on' Tunde Arowojobe writes on the implications of truncating the process 

Mon, 16 Apr 2018
Osun State Governor Rauf Aregbesolahas advocated overhauling of forest management to save Nigeria and Africa from imminent climate change.He said the existence of the black race lied in protecting and maintaining the natural rain forests.Aregbesola, who spoke at the African Forest Forum, a West and Central African workshop hosted by the Osun State University in Osogbo, advocated tree planting to save the continent from the negative effect of climate change.The participating countries include The 

Mon, 16 Apr 2018
A Magistrates Court in Minna at the weekend ordered the remand in prison custody of a farmer, Jibrin Adamu, for allegedly kidnapping a 19-year-old girl and demanding N4 million ransom.Adamu is standing trial on a three-count charge of alleged criminal conspiracy, robbery and kidnapping.The Magistrate, Mr. Hassan Mohammed, could not take the accuseds plea on the grounds that the court lacked jurisdiction to entertain the matter.He directed the police to forward the case file to the state Director 

Mon, 16 Apr 2018
A winning governor will attract endorsements that are justifiable. So, it is logical and predictable that Lagos State Governor Akinwunmi Ambode is enjoying an abundance of justifiable endorsements. He is qualified to seek reelection and his endorsers are backing him for a second term in office. The beauty of the endorsements is that they are based on what he has to show for his time in office so far. In other words, he has attracted powerful endorsements through the power of his performance.The 

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Mon, 16 Apr 2018
The Abundant Nigeria Renewal Party (ANRP) is a platform for youths to realise their ambitions, its Lagos State Chairman, Abiodun Dabiri, has said.The party, he said, had begun the process of redefining politics, ahead of the 2019 elections.Dabiri, who spoke at the partys congress in Lagos where 24 officers were elected, said the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) were parties for the old brigade.He said the youths would gain political relevance in ANRP, adding 

Mon, 16 Apr 2018
The All Progressives Congress (APC) has granted waivers to its leaders to re-contest if they so wished during the partys congresses and national convention. LEKE SALAUDEEN examines how the decision will affect the partys cohesion and performance in next years elections. It is more or less of an half bread, which is better than none. The national leadership of the All Progressives Congress (APC) did not get tenure elongation, but it got a waiver. The waiver entitles the National Working Committee 

Mon, 16 Apr 2018
To many analysts, the position of vice-president is more of a spare tyre than the high political office it is. But, Prof Yemi Osinbajo (SAN) has endowed the seat with visibility and honour. Group Political Editor EMMANUEL OLADESU writes on the activities of the loyal deputy and the cordial relations between him and President Muhammadu Buhari.Since the Second Republic, Nigeria has produced five vice-presidents Dr. Alex Ekwueme (1979-1983), Alhaji Atiku Abubakar (1999-2007), Dr. Goodluck Jonathan 

Mon, 16 Apr 2018
To celebrate this years Workers Day, comedian Dr Smile will be organising a comedy show, Dr Smile Unusual, on May 1, at The Marquee, Obasanjo Presidential Library, Abeokuta, Ogun State.The season four of the comedy show, tagged The Rebirth, starts by 12pm and will be hosted by Tee A and Lepacious Bose. Comedians that will feature include Seyi Law, Gbenga Adeyinka, Honey Tongue, Teju Babyface, Woli Agba and Saco. Others are Mc Rapindaddy, Lafup, Woi Arole, Bash, Still Ringing, Dr Frick, Mc Baffy, 

Mon, 16 Apr 2018
Mr Eazis label, Banku Music, has signed a licensing deal with Universal Africa for his next project entitledLagos to London. The deal was signed in Johannesburg, South Africa, with Mr Eazi and head of Universal Africa, Sipho Dlamini.This will see Banku music and Universal Africa Jointly release his new project in Africa.Mr Eazi came into the music scene in 2016 with a string of back-to-back hit singles, and followed up with his mixtapeAccra to Lagosin 2017.He has had a successful career include 

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Mon, 16 Apr 2018
The Nigerian movie industry has been thrown into mourning as another icon, Tony Aleg, is reported to have died.Aleg is reputed to have contributed immensely to the local industry. Popularly referred to as Green Onions, the circumstance surrounding the actors death is yet to unfold.It would be recalled the actor acted on one of the most popular movies from the past in which he made this statement as a character, Green Onions.Although the cause of his demise is yet to be ascertained, condolence me 

Mon, 16 Apr 2018
It seems Nigerian Pop Star, David Adeleke, popularly known as Davido is having the best of times. A few hours after he was unveiled as the artiste with the most nominations for this years Headies Awards, the Nigerian singer emerged as one of the biggest winners at the Vodafone Ghana Music Awards (VGMA) 2018.Held Saturday night the VGMA which took place at the Accra International Conference Centre saw the Nigerian superstar take home the coveted Best African Artiste of the year, beating the likes 

Mon, 16 Apr 2018
Coming on the heels of a successful music tour of Europe which featured indigenous rapper, Olamide, the crew of 03 Media is set to embark on another exciting musical tour, this time with the Prince of the Marvin Crew, Reekado Banks.According to information, the tour, which will tentatively commence June 15 and run till July 1, is put together in partnership with Afro-Euro Entertainment and Urban Entertainment.During the tour, it is expected that Reekado Banks, who was crowned the Next Rated at H 

Mon, 16 Apr 2018
With a view to assisting the African music market achieve its full potential, global music community, Midem, had a stopover recently launch the Lagos edition of Midem African Forum.The four city African roadshow, which took place on Friday April 6 at Intercontinental Hotel, Victoria Island, Lagos, was held in partnership with Trace, SACEM, 6060 Music Group, Spotlight Management, and Cream Entertainment.Kicking off the Forum were two thematic sessions that delved into the African music industry w 

Mon, 16 Apr 2018
Head of House, Alex has stated that she will be disappointed if Cee-C wins the Big Brother Naija Reality TV Show.Alex stated this in the dressing room while she was in a conversation with Tobi.Tobi was very quick to caution her that the choice was no longer in her hands, but that of the viewers.What is more important is that we are in the finals, the rest is for the viewers to vote, Tobi said.Biggie rounded up the evening by showing all the housemates clips of family members and support groups r 

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Mon, 16 Apr 2018
FirstBank of Nigeria Limited has, in partnership with Verve International, announced a promotion to reward its customers for using their FirstBank Verve card to purchase petrol at selected Oando filling stations in Lagos.FirstBank Verve Card holders would receive free extra litres of petrol each time they use their FirstBank verve cards to purchase a minimum of N3,000 worth of petrol, The selected Oando petrol stations where the promo will run are the Maryland, Marina, Alapere and Ojodu Berger s 

Mon, 16 Apr 2018
Custodian and Allied Plc witnessed significant improvement in its profitability in 2017 as the groups profit after tax rose by 37 per cent from N5.3 billion in 2016 to N7.3 billion in 2017. Gross revenue increased from N38.55 billion in 2016 to N43.05 billion in 2017.The Board of Directors of the company has recommended the payment of a final dividend of 32 kobo for every 50 kobo ordinary share. The company had earlier paid an interim dividend of 10 kobo per share, bringing total dividend per sh 

Mon, 16 Apr 2018
Firm records N21b negative reserveThe Nigerian Stock Exchange (NSE) has imposed a fine of N46. 1 million on African Alliance Plc for breaking its rule on account submission.According to NSE X-Compliance Report, released on April 12, 2018, the fine is for late submission of its 2015 and 2016 audited accounts.The fine and management expenses have, however, affected the reserves of the company as it recorded N1.49 billion management expenses and negative reserves amounting to -N21.05 billion during 

Mon, 16 Apr 2018
Law Union & Rock Insurance Plc has recorded a profit before tax (PBT) of N1.1 billion as at the end of 2017 financial year from the N658.64 million recorded in 2016, representing a 66.8 per cent increase.Its Managing Director, Jide Orimolade, told reporters that the growth was recorded despite the economic headwinds, which characterised the business environment in the past year.He stated that Profit After Tax (PAT) also appreciated by 62.1 per cent, moving from N561.85 million in 2016 to N91 

Mon, 16 Apr 2018
CRC Credit Bureau has, in partnership with MTN Nigeria, introduced the Mobile Credit Check to enable individuals and merchants have access to credit reports on their mobile phones.The *565*8*3# code was designed in line with CRCs mission to deliver innovative products and services that enable our stakeholders to build credible profiles that enhance access to credit for strategic growth and promote financial inclusion.We are introducing for the first time in Nigeria, a quick and easy way for peop 

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Mon, 16 Apr 2018
The Board of Directors of Fidson Healthcare Plc has approved a 300 per cent increase in dividend payout for the 2017 business year as the healthcare company grew its net profit by 238 per cent during the year.Shareholders will receive a dividend per share of 20 kobo for the 2017 business year, representing an increase of 300 per cent on 5.0 kobo dividend per share paid for the 2016 business year. The company had distributed N75 million as cash dividends to shareholders for the 2016 business year 

Mon, 16 Apr 2018
Kia has triumphed again in the Red Dot Awards, securing three prestigious awards for design. The new Stinger fast-back sedan, the Stonic compact crossover and the third-generation Picanto city car won in their respective categories.The international jury of design experts awarded the Stinger the Best of the Best title, praising the car for its pioneering design.The trio of victories adds to Kias continuing success, with the company having won a remarkable 21 Red Dot Awards since the Kia Soul fir 

Mon, 16 Apr 2018
FOR Nigeria and other African economies to realise their growth ambitions, there is need for more strategic investment in ports and their related transport infrastructure.Such investment will help advance trade and promote overall economic development and growth particularly in emerging economies that are currently under-served by modern transportation facilities.An analysis of port development in sub-Saharan Africa released by professional services firm PwC at the weekend, however, said the inv 

Mon, 16 Apr 2018
The Chartered Insurance Institute of Nigeria (CIIN) has met with Chartered Insurance Institute (CII), London, United Kingdom (UK) to deepen collaboration on human capital development for insurance.Insurance Institute of Nigeria (CIIN) President, Mrs. Funmi Babington-Ashaye, who led the Nigerian delegation to the meeting, said both bodies met last week at the London office of the CII to advance discussion on building stronger relationship, knowledge sharing and best practice.According to her, the 

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Mon, 16 Apr 2018
THE Infrastructure Concession Regulatory Commission (ICRC) has said there is need to resolve disputes on concession agreements at the ports to make them more effective and efficient.The ICRC said without addressing challenges faced by terminal operators and other players in the shipping value chain, it would be difficult to position ports as hub for international shipping business for the West and Central African regionsIts Acting Director-General, Mr. Chidi Izuwah, who spoke in Lagos, said Nige 

Mon, 16 Apr 2018
Good as it is, regrettably, with hindsight, this alone cannot guarantee desired resultFOR an apex bank that has long shed the toga of conservatism for an activist development banker role, we must admit that the latest proposal by the Central Bank of Nigeria (CBN) for a N400 billion Real Sector Support Facility (RSSF) merely follows a familiar trajectory of strategic, sectoral intervention. Announcing the coming of the new facility at a public event in Lagos, CBN governor Godwin Emefiele stated t 

Mon, 16 Apr 2018
Nigerias specialised universities must heed governments directive on their specialtiesTHE directive given by President Muhammadu Buhari telling the countrys specialised universities to return to their core mandate is a sensible one and must be obeyed as quickly as possible.The order was in fact only the latest in a series of measures designed to correct an anomaly that should never have been allowed to exist in the first place. In January 2017, the Minister of Education, Mallam Adamu Adamu, orde 

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