NIGERIA NEWSPAPERS: TODAY'S THE PUNCH NEWSPAPER HEADLINES [2ND APRIL, 2018].


Below are the headlines found on The Punch Online Newspaper for today, Monday,  2nd April, 2018.

Mon, 02 Apr 2018
The Federal Government on Sunday released a fresh list containing 23 names of alleged looters.

It said the list of alleged looters which it released on Friday was based on verifiable facts, including the amount involved, the date the amount was collected and from where it was taken.



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The names released on Friday were the National Chairman of the PDP, Uche Secondus, who allegedly collected N200m from the office of the former National Security Adviser.

Secondus had, however, denied the allegation and gave Mohammed 72 hours to retract the statement and also pay him N1.5b as damages.

Others included a former PDP Financial Secretary (N600m).

The rest were a former PDP National Publicity Secretary, Olisah Metuh, who is on trial for allegedly collecting N1.4b from NSA office; Dr. Raymond Dokpesi, who is on trial for taking N2.1bn from NSA; and a former SSA to President Jonathan, Dudafa Waripamo-Owei, who is on trial over N830m kept in accounts of four different companies

The last was former President Jonathan’s Cousin, Robert Azibaola, who was said to have collected $40m from NSA office.

While releasing a fresh list of alleged looters in Lagos on Sunday, the Minister of Information and Culture, Alhaji Lai Mohammed, in a statement said the Friday’s list “was strategically released as a teaser.”

He said, ‘’At the press conference where the list was released, I did say it was a tip of the iceberg… the Federal Government has a large number of alleged looters on its list.”

The minister said the PDP’s reaction to the looters’ list has shown that its recent apology was an election-induced act, to deceive unsuspecting Nigerians to vote for the party in the 2019 general elections.


 
Mohammed said, “The hysterical and panicky reaction from the PDP has shown that the party is not sincere about its choreographed apology. Were it not the case, the party would have followed in the footsteps of one of its leaders, Senator Ibrahim Mantu, who simply owned up to his role in the party’s rigging in the past elections and said he had turned a new leaf.

Mohammed said the Federal Government would neither be intimidated nor blackmailed into silence, adding that it would not rest until all those who looted the public treasury had been brought to justice.

Releasing the fresh list, the minister said based on the Economic and Financial Crimes Commission’s investigation, N126bn, $1.5bn and £5.5m were allegedly embezzled through Sambo Dasuki office as the NSA.

The amounts, it alleged, were apart from the ongoing $2.1bn military equipment scandal.

Mon, 02 Apr 2018
The Federal Government recorded a fiscal deficit of N2.14tn in its operations in the 2017 fiscal period, figures obtained from the Central Bank of Nigeria have revealed.

The figures are contained in the fourth quarter Economic Report of the apex bank, which was obtained by our correspondent in Abuja.



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A fiscal deficit occurs when a government’s total expenditure exceeds the revenue that it generates, excluding borrowings.

An analysis of the report showed that the fiscal deficit for the 2017 financial year was lower than the N2.19tn recorded in 2016.

The report put the total retained revenue of the Federal Government during the period at N2.76tn, while the expenditure was put at N4.9tn, resulting in overall operational deficit of N2.14tn.

Investigations showed that the deficit was financed through domestic and foreign borrowings, including issuance of government securities.

Further analysis of the report showed that while the Federal Government earned N554.63bn in the first quarter of 2017, it incurred an expenditure of N1.34tn, resulting in a first quarter deficit of N782.96bn after the addition of primary deficit of N158.8bn.

For the second quarter, the sum of N688.69bn was earned by the Federal Government, with an expenditure of N1.17tn, resulting in a deficit of N489.33bn after adding the primary deficit of N185.74bn.

The report put the third quarter revenue of government at N788.56bn, adding that when matched with the N1.4tn expenditure for the period, it resulted into a deficit of N618.66bn.

For the fourth quarter, the government earned N731.61bn as revenue. However, with an expenditure of N979.05bn and a primary surplus of N197bn, the overall deficit for the quarter was put at N247.44bn.

Mon, 02 Apr 2018
A former governor of Ekiti State, Dr. Kayode Fayemi, has formally declared for the July 14 governorship race in the state.

The current Minister of Mines and Steel Development said he was persuaded to join the race because of noticeable pangs of poverty, frustrations and misery of Ekiti people.


 
He made his ambition known at a news conference after hosting leaders and scores of members of the All Progressives Congress from all the 16 Local Government Areas and the 177 wards of the state at his Isan-Ekiti country home in the Oye Local Government Area of the state.

He became the 35th aspirant to formally indicate interest in the governorship poll on the platform of the APC.

Fayemi promised to dislodge the Governor Ayodele Fayose-led Peoples Democratic Party based on his track record and “improved welfare” he provided for workers, retirees and pensioners while in office in the state.

He warned Fayose not to attempt to remove or destroy his campaign posters and billboards the way his government was doing to some opposition posters, saying doing so would be resisted by all means possible.

The ex-governor said he would formally submit his letter of intent to the state secretariat of the APC after the Independent National Electoral Commission lifted the ban on campaigns on April 15.

He said, “I am not going to jump the gun because there are rules and guidelines for electioneering.  The body responsible for that has stated the obvious ­— when you can actually start the campaigns. The fact that people are flouting the guidelines is the fault of INEC.

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“I have also been very clear that whatever it takes, constitutionally, legally and legitimately to put our party in office in October 2018, we will do as a party.”

Mon, 02 Apr 2018
Ten months after claiming their 12th Champions League title with a 4-1 win over Juventus in Cardiff, Real Madrid travel to Turin for Tuesday’s quarter-final, first leg clash.

Massimiliano Allegri’s Italians knocked out Tottenham Hotspur 4-3 on aggregate to reach the last eight while Zinedine Zidane’s Spaniards crushed Paris Saint-Germain 5-2.

Here are five talking points ahead of the 20th clash between the European giants:


 
Not so emotional return for Zidane 

Zinedine Zindane returns for the first time as a coach to the city where he forged his reputation as a player winning two Italian league titles, reaching two Champions League finals and a Ballon d’Or before moving to Real Madrid.

“I became a man in Turin. I will always be Juventino,” says Zindine before adding that his “heart” was Spanish, with Real Madrid “the club of (his) life”.

But the former French World Cup winner added: “I would have liked to avoid Juventus, for lots of reasons.”

Trailing Barcelona by 13 points in the La Liga, this is Real Madrid’s only chance of silverware this season. Juventus are top of Serie A and in the running for a treble.

Ronaldo giving Buffon sleepless nights

Cristiano Ronaldo beat Gianluigi Buffon twice in Cardiff and the Madrid star has been giving the veteran goalkeeper some sleepless nights.

The 33-year-old has hit 21 goals in his last 11 Real Madrid appearances and struck a late brace to help Portugal come from behind to beat Egypt in a friendly last week.

Mon, 02 Apr 2018
John Ameh and Leke Baiyewu, Abuja Members of the Senate and House of Representatives on Sunday endorsed President Muhammadu Buharis withdrawal of support for the extension of the tenure of the National Working Committee of the All Progressives Congress. The lawmakers said Buhari simply did what most party faithful had expected him and other national [] 

Mon, 02 Apr 2018
No. I do not personally think so. The military service, I think, is quite a different thing from the type of programme that you have for the National Youth Service Corps. Military service entails full military training and to give someone that kind of training, the person must pass through basic training in a military [] 

Mon, 02 Apr 2018
Femi Makinde, Osogbo The Yoruba Youth Socio-Cultural Association has come down heavily on the Oluwo of Iwo, Oba Adewale Akanbi, for allegedly adopting the title of an Emir and for wearing a turban instead of the Yoruba traditional cap or the crown. The National Coordinator of the YYSA, Mr. Olalekan Hammed, in a telephone interview [] 

Mon, 02 Apr 2018
Olusola Fabiyi, Olalekan Adetayo, Eniola Akinkuotu and Olaleye Aluko The Federal Government has commenced an investigation into the recent revelation that ahead of the 2015 general elections, a Nigerian billionaire and supporter of former President Goodluck Jonathan paid 2m to Cambridge Analytica, to hack into the medical records of President Muhammadu Buhari, then the candidate [] 

Mon, 02 Apr 2018
Friday Olokor, Jos The National Christian Elders Forum has condemned the continued captivity of a female student of the Government and Science Technical College in Dapchi, Yobe State, Leah Sharibu, on account of her Christian faith by the Boko Haram sect. Also, the Arewa Christians and Pastors Association has described Leah as an Ambassador of [] 

Mon, 02 Apr 2018
John Ameh, Abuja An ad hoc committee of the House of Representatives has indicted the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, over his role in the reinstatement of the former Chairman, Presidential Task Force on Pension Reforms, Mr. Abdulrasheed Maina, back to service in 2017. The panel, which is [] 

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Mon, 02 Apr 2018
Olalekan Adetayo and Adeniyi Olugbemi Vice-President Yemi Osinbajo on Sunday assured Nigerians that the country is already moving out of its challenges under the leadership of President Muhammadu Buhari. Osinbajo gave the assurance in an interview with State House correspondents after joining Christians for a service marking this years Easter at the Aso Villa Chapel, [] 

Mon, 02 Apr 2018
Samson Folarin The Deeper Christian Life Ministry has said lack of true Christianity is the basis of the problem of corruption in the country. The church made the declaration at a briefing to mark the end of its Easter retreat, tagged, Heirs of the Kingdom. The four-day programme, which was broadcast live to other locations [] 

Mon, 02 Apr 2018
Olaleye Aluko, Abuja The troops of the Nigerian Army have arrested five suspected hoodlums in the Mayo Ndaga area of Taraba State, who were believed to be among the criminal elements troubling the state. Our correspondent learnt that the suspects; Amos Titus, 35, Palat Jafainal, 20, Kingsley Benson, 25, Raphael Abel, 26, and Yusuf Abdulkareem, [] 

Mon, 02 Apr 2018
Ade Adesomoju, Abuja The Supreme Court has fixed April 12 for the hearing of the appeals filed concerning the trial of the Senate President, Dr. Bukola Saraki, before the Code of Conduct Tribunal in Abuja, The PUNCH has learnt. The Danladi Umar-led CCT had on March 8 adjourned indefinitely the trial of Saraki on three [] 

Mon, 02 Apr 2018
The leaders of the All Progressives Congress in the Alimosho area of Lagos State on Saturday commended Governor Akinwunmi Ambode for constructing 21 roads and three bridges which linked the state to Ogun. The leaders, in a joint statement, described the development as another testimony of the commitment of the state government to making every [] 

Mon, 02 Apr 2018
Punch Editorial Board Just 48 hours after the Inspector-General of Police, Ibrahim Idris, announced the immediate withdrawal of police officers attached to Very Important Personalities, his two subsequent pronouncements have proved too floundering to inspire any hope of a successful implementation. He said that President Muhammadu Buhari would have to approve the proposal first; just [] 

Mon, 02 Apr 2018
Sesan Olufowobi The Speaker of the Lagos State House of Assembly, Mudashiru Obasa, and the senator representing the Lagos East District at the Senate, Gbenga Ashafa, have urged Nigerians to imbibe spirit of love and tolerance as practised by Jesus Christ during his lifetime. The advice was contained in separate statements by Obasa and Ashafa [] 

Mon, 02 Apr 2018
Sesan Olufowobi The Lagos State Governor, Akinwunmi Ambode on Sunday said his administration would continue to make the state waterways cleaner and safer to boost water transport, tourism and investments. Ambode stated this at the 2018 edition of the annual Lagos Boat Regatta at the Lagoon Waterfront on Oyinkan Abayomi Drive, Ikoyi, adding that although [] 

Mon, 02 Apr 2018
Enyioha Opara, Minna The scheduled entrance test into the Niger State Civil Service Commission has been stalled by the power tussle between the chairman and commissioners in the state civil service. It was learnt that 3,567 applicants for various positions in the civil service were to commence the test on April 3, 2018 before it [] 

Mon, 02 Apr 2018
Friday Olokor, Jos An international organisation, Medecins Sans Frontieres, popularly called Doctors Without Borders, has donated 100 beds to cholera patients receiving treatment at the Abubakar Tafawa Balewa University Teaching Hospital, Bauchi State. The organisation disclosed, in a statement by its Field Communication Manager, Maro Verli, that it had treated 559 patients since the beginning [] 

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Mon, 02 Apr 2018
Afeez Hanafi The Ansar-Ud-Deen Society of Nigeria has called on government and well-meaning Nigerians to invest heavily in the education sector. The National Missioner of the society, Alhaji Abdur-Rahman Ahmad, who gave the advice, decried inadequate funding of education by the government, noting that meaningful development would be elusive in the country without huge investment [] 

Mon, 02 Apr 2018
The Peoples Democratic Party says the former Deputy Senate President, Ibrahim Mantus confession that he rigged election for the party is personal to him. The party in a statement issued by its National Publicity Secretary, Kola Ologbondiyan, on Sunday in Abuja said Mantus claim has nothing to do with the PDP. He said the party [] 

Mon, 02 Apr 2018
Adeyemi Adefulu Snr Come April 10, the ebony black, handsome, youthful and energetic Chief Samuel Ayodele Adebanjo, one of the grandees of Nigerian politics turns 90. It is no exaggeration to say that he could be taken for 20 years younger than his age, maybe more. Nature has been so kind to this king of [] 

Mon, 02 Apr 2018
The Federal Government on Sunday released additional 23 new names of alleged treasury looters including former Governors of Plateau, Niger and Oyo Jonah Jang, Babangida Aliyu and Rasheed Ladoja -respectively. The Minister of Information and Culture Alhaji Lai Mohammed in a statement issued in Lagos said the new list and the one earlier released [] 

Mon, 02 Apr 2018
Olusola Fabiyi , Abuja The Peoples Democratic Party has dismissed the advice by the All Progressives Congress to learn from a former Deputy President of the Senate, Ibrahim Mantu's, claims on how he rigged elections for the PDP. The PDP National Publicity Secretary, Mr. Kola Ologbondiyan, in a statement in Abuja on Sunday, said Mantu's [] 

Mon, 02 Apr 2018
John Alechenu and Olusola Fabiyi The Peoples Democratic Party on Sunday alleged that there were plans by the Federal Government and the ruling All Progressives Congress to clamp down on the opposition. It said that the plot would also affect the media and civil society organisations. The National Publicity Secretary of the party, Mr. Kola [] 

Mon, 02 Apr 2018
Oladimeji Ramon Lawyers and human rights activities on Sunday expressed divergent views over whether a former Deputy Senate President, Ibrahim Mantu, could be prosecuted for confessing that he had on many occasions participated in the rigging of elections in the country in favour of the Peoples Democratic Party. Mantu made the self-confession during an interview [] 

Mon, 02 Apr 2018
When you need to send or receive money fast, a wire transfer might be the right tool for the job. Wire transfers are immediate, reliable, and safe, according to www.thebalance.com. For significant transactions ' like buying a home ' wire transfers or cashier's cheques might be your only options. Why' The short answer is that [] 

Mon, 02 Apr 2018
Anna Okon The Consumer Protection Council has addressed controversies surrounding the safety of Blue Band spread, saying that its inability to melt under heat does not make it or any other spread unsafe for consumption. The regulatory body was reacting to a short demonstration video currently trending on social media showing how Blue Band Spread [] 

Mon, 02 Apr 2018
Nike Popoola The National Pension Commission is making moves to conclude the regulatory intervention that it initiated in First Guarantee Pension Limited in 2011. According to a report by PenCom, the regulatory intervention in FGPL continued due to several court cases by shareholders of the PFA. It stated, 'The commission brought together key stakeholders in [] 

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Mon, 02 Apr 2018
Femi Makinde, Osogbo The Provost of the Osun State College of Education, Ilesa, Prof. Kolawole Kazeem, has said the Federal Ministry of Power, Works and Housing has expressed its readiness to build 100 housing units inside the campus of the institution. The provost said this in Ilesa at a press conference, which was one of [] 

Mon, 02 Apr 2018
Oyetunji Abioye The Central Bank of Nigeria has disclosed that banks experienced higher default rates on credit card loans and overdrafts/personal lending to households in the first quarter of 2018. This was contained in the latest Credit Conditions Survey Report of the CBN for the first quarter of 2018. The report, however, predicted that there [] 

Mon, 02 Apr 2018
Ife Ogunfuwa Telecoms companies under the auspices of the Association of Licensed Telecommunications Operators of Nigeria have dragged the National Assembly to court over its incessant summons of their chief executive officers. The companies, which filed a legal action at the Federal High Court in Abuja, also demanded an explanation on the specific nature of [] 

Mon, 02 Apr 2018
Everest Amaefule, Abuja Chinese satellite manufacturer, Great Wall Industry Corporation of China, will make $550m equity investment in the Nigeria Communications Limited, the Minister of Communications, Mr. Adebayo Shittu, has said. Shittu, who said this in an exclusive interview with our correspondent, also disclosed that the equity investment would come in the form of two [] 

Mon, 02 Apr 2018
Femi Asu The adoption and implementation of local content policies in key sectors of the economy will address the high unemployment rate in the country, the Executive Secretary, Nigerian Content Development and Monitoring Board, Mr. Simbi Wabote, has said. Wabote stated this in his presentation entitled: 'Addressing Unemployment: Local Content Option,' at an event organised [] 

Mon, 02 Apr 2018
The Managing Director, Sigma Pensions Limited, Mr. Dave Uduanu, speaks with NIKE POPOOLA on why employers should have Contributory Pension Scheme for workers Why are many state governments not funding their workers' Retirement Savings Accounts regularly under the Contributory Pension Scheme' The first thing is that there must be a political will on the part [] 

Mon, 02 Apr 2018
Okechukwu Nnodim, Abuja The inappropriate engagement of qualified builders in building delivery services across the country is one major cause of building collapse, the Nigerian Institute of Building has said. According to the NIOB, too many interlopers abound in the Nigerian building space, a development that has contributed to the delivery of substandard structures in [] 

Mon, 02 Apr 2018
Abiodun Doherty It is true that real estate investment is very attractive and is one of the proven pathways to wealth creation. This has led many people to believe that whatever and wherever they invest, they will make money. Many have also equally discovered that this is not completely true. Real estate investment goes beyond [] 

Mon, 02 Apr 2018
The Chairman, Association of Stockbroking Houses of Nigeria, Chief Patrick Ezeagu, says the fast-changing business environment calls for serious training of players in the Nigerian capital market, in view of the rising risk levels, in an interview with journalists. STANLEY OPARA was there It is said that risk changes with time. Do yo think this [] 

Mon, 02 Apr 2018
Maureen Ihua-Maduenyi The Private Sector Participants in waste management has called on the Lagos State House of Assembly to save their business from going into extinction. In a petition written to the House of Assembly by the PSP operators and obtained by our correspondent, the waste managers said they were the answer to the current [] 

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Mon, 02 Apr 2018
Ozioma Ubabukoh For first-time entrepreneurs in particular, the road to success will be fraught with many mistakes and challenges. Being aware of the most common pitfalls of entrepreneurship encountered by their more experienced peers can make all the difference between failure and success for any new startup. Below, seven entrepreneurs from Young Entrepreneur Council discuss [] 

Mon, 02 Apr 2018
Oyetunji Abioye The nation's external reserves rose by 8.8 per cent month-on-month to $46.2bn as of March 28, the Central Bank of Nigeria data showed on Saturday. The country's foreign exchange buffer has climbed by 53 per cent since March 2017 when it stood at $30.30bn. Successful debt sales, including an Eurobond offering last month, [] 

Mon, 02 Apr 2018
Maureen Ihua-Maduenyi The Ogun State Government has compelled more than 15 industries across the state to install effective effluent treatment plants to take care of their wastewater. The Commissioner for Environment, Mr. Bolaji Oyeleye, was quoted to have said it was part of the state government's measures to address pollution and safeguard the environment. Oyeleye, [] 

Mon, 02 Apr 2018
Olufemi Atoyebi, Ibadan The National Vice President, Real Estate Developers Association of Nigeria, Taiwo Ogunbodede, has stated that government's stiff policy on land documentation in the country is contributing to the housing problems being experienced by the citizens, stressing the need to address it and cut the housing deficit. Ogunbodede, who spoke in Ibadan during [] 

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Mon, 02 Apr 2018
Maureen Ihua-Maduenyi The Managing Director, Langrad Engineering and Manufacturing Company Limited, Mr. Lanre Adewolu, says most young engineers in the country lack exposure to knowledge applications in the profession. Adewolu, who spoke during the company's 40th anniversary in Lagos, on Saturday, noted that universities and polytechnics only teach theories but were not exposing engineering students [] 

Mon, 02 Apr 2018
Maureen Ihua-Maduenyi Less than five per cent of the country's total land area is afforested, the Acting Director-General, Nigerian Conservation Foundation, Mr. Joseph Onoja, has said. According to Onoja, who spoke on the occasion of the World Forest Day 2018, even the sparse forest remainders are under threat with land use pressures from agriculture, infrastructure, [] 

Mon, 02 Apr 2018
Ozioma Ubabukoh Twenty-five undergraduates from various tertiary institutions in Nigeria have qualified for the grand finale of the 2018 Global Student Entrepreneur Awards, which will hold tomorrow (Tuesday) at the Olusegun Obasanjo Presidential Library, Abeokuta, Ogun State. The top three entries are from Olarewaju Fadodun of the Department of Microbiology, Obafemi Awolowo University, Ile-Ife; Aliyu [] 

Mon, 02 Apr 2018
Tunde Odesola The supreme irony of our national tragedy is that we are uniquely blessed with selfish and vain leaders. The gang piloting Nigeria since creation day swarms with conceited and ultra-corrupt leaders who serve the masses rotten pottage in a potty while they gobble isi ewu in golden chinaware and down exotic wines in [] 

Mon, 02 Apr 2018
Anthony A. Kila Lest we become guilty of what we accuse others of doing, it is important that we, today and for posterity, say it loud and clear that based on the cost and benefit analysis of President Muhammadu Buharis visit to Lagos, last Thursday and Friday, we must inform the President and all those [] 
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