NIGERIA NEWSPAPERS: TODAY'S THE PUNCH NEWSPAPER HEADLINES [17 MAY, 2018].


Below are the headlines found on The Punch Online Newspaper for today, Thursday,  17  May, 2018.


Thu, 17 May 2018
Vice-President Yemi Osinbajo on Tuesday night said he would rather vacate his office as the nation’s Number Two man than compromise his Christian faith.

Osinbajo stated this while responding to posers raised by some Christian leaders at the stakeholders’ meeting held at the new Banquet Hall of the Benue State Government House, Makurdi.


 
He said under no circumstances would he give up his faith but would rather vacate his position as the nation’s Vice-President at the slightest attempt to cause him to abandon his Christian virtues.

One of the speakers, the Catholic Bishop of Gboko, His Lordship, Williams Avenya, had reminded Osinbajo of the then-presidential candidate of the All Progressives Congress, Muhammadu Buhari’s campaign promises that he would not Islamise the country and would protect the interest of all Nigerians including citizens of minority ethnic groups if voted into power.

Quoting Buhari, the bishop said, “My deputy is a Christian and there is no way I will Islamise Nigeria with many Christians in my team.”

Avenya noted that the killing of Christians and members of the minority ethnic group particularly in Benue State had proved that the Federal Government under Buhari was not living up to these promises.


Facing Osinbajo, the bishop said, “The point I’m trying to make is that a day is going to come when you, as the Vice-President, will bear the brunt of that problem of injustices in our land, especially those perpetrated on smaller ethnic groups that have no one to fight for them.

“So, as a Christian person, exonerate yourself from this situation,” the bishop advised the VP.


Thu, 17 May 2018
The crisis between the Senate and the Inspector-General of Police, Ibrahim Idris, worsened  on Wednesday with the lawmakers resolving to meet with President Muhammadu Buhari to report the activities of the police boss to him.

The President of the Senate, Bukola Saraki, had at the plenary on Wednesday told the chamber that the IG was plotting to implicate him in the trial of some suspects arrested in Kwara State.


 
Also on Wednesday, some senators alleged that the IG had withdrawn policemen guarding them.

On his part, Saraki said he was informed by the Kwara State Governor,  Abdulfatah Ahmed, that the suspects had been moved from the state to Abuja for prosecution allegedly on the orders of the IG.

He added that part of the plan was to doctor the statements made by the suspects to implicate him in the trial.

He said, “My distinguished colleagues, there is an issue which I need to bring to your attention very urgently.

“Last night, my state governor, Governor Abdulfatah Ahmed, revealed to me information at his disposal that a group of suspects who had been arrested and were in police cells for several weeks in our state for cultism, and whose investigation had been concluded and were about to be under prosecution under the state law on the advice of Director of Public Prosecutions and the Ministry of Justice, have all of a sudden been ordered to be transferred to Abuja this morning.

“The information reaching me, as he received it from the Commissioner of Police, is that they (police) have been directed by the IG to bring them (suspects) to Abuja. With the information that he (Ahmed) has, it is for them to find how to alter their (the suspects’) statement already made in Ilorin and try and implicate the state government and particularly myself.

“As we speak now, those suspects are already here in Abuja. These acts, I don’t know whether to call it desperation, blackmail or intimidation. All action to undermine our democracy is a recipe for anarchy because we are doing our work by asking officials to obey the law, due process and subject themselves to constituted authority.

“I think it is important that I bring this dangerous development to your attention; the attention of the entire country and the international community to the level of impunity we are undergoing in this country and the danger to our democracy.”


 
In the written speech, a part of which he read out at the plenary, Saraki linked the alleged plot to the invitations by the Senate to the IG, which the police boss did not answer in person.

He said, “This plot is part of the strategy by IGP Idris to settle scores over the declaration by this honourable chamber that he is not qualified and competent to hold any public office within and outside the country, and that he is an enemy of Nigerian democracy based on his usual disrespectful conduct towards lawful authorities.

“In my own view, this plot is an act of desperation, blackmail, intimidation, abuse of office and crude tactic aimed at turning our country into a police state where top officials cannot be made to obey the law, follow due process and subject themselves to constituted authorities.

“I want to bring this dangerous development to the attention of all of you my colleagues, the entire country and the international community so that you can be aware of the level of impunity in our country and the danger it constitutes to our democracy.”

The Senate, therefore, resolved that a delegation, consisting of the leadership of the Senate and some members, mostly former governors, should meet with the President on the matter.


Thu, 17 May 2018
The National Assembly eventually passed the 2018 budget on Wednesday, six months after President Muhammadu Buhari submitted the estimates to both chambers of the assembly.

The President had on November 7, 2017 submitted a proposal of N8.612tn for the 2018 fiscal year, but lawmakers on Wednesday passed N9.12tn as the budget, increasing it by N508bn.


 
From the passed budget, the Federal Government will spend N2.2tn to service debts, with N1.75tn to be spent on domestic debts, and N254.07bn on foreign debt service, while the sum of N190bn is appropriated as “sinking fund for retiring maturing debs.”

In 2017, debt servicing gulped N2.014tn.

The crude oil benchmark price for the budget also changed from $45 proposed by the Executive to $51.

The additional N508bn to the budget size was reflected in the sectoral allocations to government’s Ministries, Departments and Agencies.

For example, in Buhari’s estimates, the recurrent expenditure was captured as N3.494tn, but on Wednesday, the legislators approved N3.515tn as recurrent expenditure. Similarly, the development fund for capital expenditure was raised to N2.869tn from N2.652tn.

The provision for statutory transfers also rose to N530.421bn from N456bn.

For sectoral allocations, the Ministry of Power, Works and Housing got the highest vote of N714.6bn for recurrent and capital expenditure instead of Buhari’s total of N555.88bn.

Thu, 17 May 2018
Friday Olokor, Jos Justice Daniel Longji of the Plateau State High Court in Jos has ordered that a former Governor of Plateau State, Jonah Jang, be remanded in the prison custody till Thursday, May 24, when the court will rule on his bail application. Also ordered to be kept in prison was a former cashier [] 

Thu, 17 May 2018
Sesan Olufowobi The Lagos State Government on Wednesday inaugurated 45 road construction equipment, saying the urban regeneration of Ikoyi, Victoria Island and Ikeja G.R.A had commenced. The equipment, including three road printers, five driving rollers and three giant wheel leaders, was inaugurated after a public demonstration to the media and government functionaries to complete the [] 

Thu, 17 May 2018
Sesan Olufowobi The Senator representing the Lagos East Senatorial District, Senator Gbenga Ashafa, has urged all Muslims to pray for continued peace and prosperity in Nigeria, as they observe the month of Ramadan. In a statement on Wednesday, the senator, said he joined all Muslim faithful in welcoming Ramadan, adding that it was an obligation [] 

Thu, 17 May 2018
Femi Asu No cash was given to the National Emergency Management Agency for the supply of relief food materials to the victims of insurgency in the North-East in 2017, the Accountant-General of the Federation, Ahmed Idris, has said. This was contained in a statement issued by Idris after the Wednesdays House of Representatives investigation into [] 

Thu, 17 May 2018
Olalekan Adetayo, Abuja The Presidency on Wednesday said President Muhammadu Buhari had yet to receive a copy of the Petroleum Industry Governance Bill recently passed into law by the National Assembly. The harmonised version of the bill was passed by the National Assembly on March 28. There have been media reports indicating that the clean [] 

Thu, 17 May 2018
Eniola Akinkuotu, Abuja The Economic and Financial Crimes Commission has arrested the lawmaker representing Akwa Ibom North-East senatorial district, Senator Bassey Akpan, for allegedly receiving vehicles worth N303m from oil magnate, Babajide Omokore, who is under trial for alleged fraud. According to an EFCC report, Akpan while serving as a Commissioner for Finance under the [] 

Thu, 17 May 2018
Olalekan Adetayo, Abuja The Coalition of Niger Delta Agitators has written to President Muhammadu Buhari asking for a re-distribution of all expired Oil Mining Licences and Oil Prospecting Licences earlier allocated to companies and individuals. The agitators suggested that 13 of the 49 oil blocs be reserved for the Niger Delta states, companies and individuals [] 

Thu, 17 May 2018
Gibson Achonu, Owerri The Imo State Governor, Owelle Rochas Okorocha, has said he will not allow himself to be provoked by some politicians in the state. In a statement signed by the Chief Press Secretary to the governor, Sam Onwuemeodo, and made available to The Punch, he said the state government had read the report [] 

Thu, 17 May 2018
Olalekan Adetayo, Abuja The Minister of Information and Culture, Alhaji Lai Mohammed, on Wednesday, said the Federal Government had yet to resolve the issue of six out of the 111 girls abducted from Government Girls Science and Technical College, Dapchi, Yobe State on February 19. He said while the insurgents responsible for the abduction had [] 

Thu, 17 May 2018
Olalekan Adetayo, Abuja The Federal Executive Council on Wednesday gave the Ministry of Finance the approval to obtain a French Development Agencys credit of $60m for scale-up of the Second Rural Access and Mobility Project to include Imo State. The decision was taken at a meeting of the council presided over by President Muhammadu Buhari [] 

Thu, 17 May 2018
Ade Adesomoju, Abuja The Federal High Court in Abuja on Wednesday dismissed an application asking it to suspend the execution of its May 10, 2018 judgment which nullified the 90-day suspension imposed by the Senate on its member representing Delta Central Senatorial District, Senator Ovie Omo-Agege. The application for stay of execution which the court [] 

Thu, 17 May 2018
Ihuoma Chiedozie, Enugu The Indigenous People of Biafra on Wednesday said it opposed the restructuring summit organised by Ohanaeze Ndigbo because the leaders of the pan-Igbo association conspired with the army to eliminate Nnamdi Kanu. IPOB has vowed to use any means, including violence, to stop the event, which is slated to hold in Awka, [] 

Thu, 17 May 2018
Adeniyi Olugbemi, Sokoto The Sultan of Sokoto, Alhaji Saad Abubakar lll, has announced the sighting of the moon to signal the commencement of this years Ramadan fast. He made the announcement in his palace on Wednesday night. The Sultan confirmed the sighting of the moon by eminent personalities in many states of Nigeria such as [] 

Thu, 17 May 2018
John Alechenu, Abuja The Peoples Democratic Party has dismissed claims by President Muhammadu Buhari that his administration has done better than the previous PDP administrations. The PDP said this in a statement signed by its National Publicity Secretary, Mr. Kola Ologbodiyan, in Abuja, on Wednesday. The party was reacting to President Muhammadu Buharis claim that [] 

Thu, 17 May 2018
Leke Baiyewu, Abuja The Senate has again resolved that the Nigerian police, the Department of State Services and the military should brief it next week on the security situation in the country. The resolution was made based on a point of order raised by Senator Shehu Sani at the plenary on Wednesday. Sani reported the [] 

Thu, 17 May 2018
Ade Adesomoju, Abuja A former acting Director General of the National Intelligence Agency, Mohammed Duada, who was sacked from office, on Wednesday, filed a suit before the National Industrial Court sitting in Abuja, asking the court to reinstate him to his former position. Dauda, a director of the agency before he became the acting head [] 

Thu, 17 May 2018
Oluwatosin Omojuyigbe The Minister of Mines and Steel Development and governorship candidate of the All Progressives Congress in Ekiti State, Dr Kayode Fayemi, and a governorship aspirant of the APC in Osun State, Kunle Adegoke, have congratulated Muslims in Ekiti and Osun states and Nigeria in general as they commence another season of Ramadan. Fayemi, [] 

Thu, 17 May 2018
Oluwatobi Akindele The Lagos State Government says in its bid to tackle the challenge of shelter in the state, a joint venture partnership has been established to create 20,000 housing units by the year 2020. The state Commissioner for Housing, Gbolahan Lawal, spoke at a ministerial briefing in Ikeja on Wednesday. Lawal said the partnership [] 

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Thu, 17 May 2018
Gbenga Odogun, Lokoja The Governor of Kogi State, Alhaji Yahaya Bello, has urged President Muhammadu Buhari to use the proceeds of corruption to fund agriculture. The governor, who was speaking in Lokoja while inaugurating the wet season farming programme on Wednesday, said if properly funded, agriculture could become the countrys potential biggest earner. He said [] 

Thu, 17 May 2018
Olalekan Adetayo, Abuja The Minister of Mines and Steel Development, Dr. Kayode Fayemi, on Wednesday, said he would resign from the federal cabinet in a week. Fayemi, who is the governorship candidate of the All Progressives Congress in Ekiti State spoke to State House Correspondents at the Presidential Villa, Abuja shortly after he was formally [] 



Thu, 17 May 2018
Ade Adesomoju, Abuja The Federal High Court in Abuja ruled on Wednesday that search warrants could not be applied for or executed against a serving President, Vice-President, Governors or Deputy Governors. Delivering a judgment, Justice Ahmed Mohammed, therefore, stopped any alleged plan to apply for a search warrant and execute same at the residences of [] 

Thu, 17 May 2018
Femi Asu The nations foreign exchange reserves have declined for the first time in eight months, slipping to $47.793bn, according to the latest data from the Central Bank of Nigeria. The reserves, which have risen by over $9bn this year, fell by $72m from $47.865bn on Thursday, May 10. The significant increase in the reserves [] 

Thu, 17 May 2018
Simon Utebor, Yenagoa Shops, markets and other commercial activities were shut down in Yenagoa, Bayelsa State Capital, as the Ijaw nation celebrated this years Isaac Boro Day on Wednesday. Though banks and other financial institutions were opened for business, they recorded low patronage. The Central Zone of the Ijaw Youth Council Worldwide, led by its [] 

Thu, 17 May 2018
Olalekan Adetayo, Abuja The 36 state governors have moved against the Nigerian National Petroleum Corporation for allegedly falsifying some figures. They accused the national oil company of allegedly forging the figure of daily petrol consumption in the country. They also faulted the fuel subsidy figure being released by the firm. The Chairman of the Nigeria [] 

Thu, 17 May 2018
Alhaji Saad Abubakar III, the Sultan of Sokoto has declared Thursday as the first day of the Ramadan fasting in Nigeria. Abubakar announced the citing of the new crescent in Sokoto on Wednesday in a broadcast. He said the new moon was sighted in various places across the country that includeed Sokoto, Niger, Yobe, Port [] 

Thu, 17 May 2018
Olalekan Adetayo, Abuja President Muhammadu Buharion Wednesdaysent his greetings and best wishes to Muslims in Nigeria and across the world as they commenced the 30-day Ramadan fast. In his message to the nation on the beginning of the Ramadan made available to journalists by his Senior Special Assistant on Media and Publicity, Garba Shehu, the [] 

Thu, 17 May 2018
The Michigan university where serial sex abuser Larry Nassar practised medicine announced Wednesday it has agreed to a $500 million settlement with hundreds of former victims of the ex-USA Gymnastics doctor. The agreement with attorneys representing 332 women and girls was a global settlement, Michigan State University (MSU) said. It resolved claims against faculty and [] 

Thu, 17 May 2018
Olalekan Adetayo, Abuja President Muhammadu Buharion Wednesdayhosted members of the South West caucus of the ruling All Progressives Congress to a dinner at the Presidential Villa, Abuja. The dinner held inside the new Banquet Hall was still ongoing as of the time of filing this report. Vice President Yemi Osinbajo; a national leader of the [] 

Thu, 17 May 2018
Punch Editorial Board Nigeria is breeding a wild generation of drug addicts. These youths inhale, inject and consume psychotic and narcotic substances at will, easily evading the scrutiny of a society distracted by economic malaise at the expense of their future wellbeing. A new documentary by the British Broadcasting Corporation on the abuse of cough [] 

Thu, 17 May 2018
Ade Adesomoju and Gbenga Odogun A Kogi State High Court in Lokoja on Wednesday granted bail in the sum of N10m to Senator Dino Melaye, who was arraigned on gun-running charges. Justice Nasir Ajana, in a ruling, said he was inclined to granting Melaye bail in view of his health condition. The judge said he [] 

Thu, 17 May 2018
Paying with plastic is easy, but it's important to choose the right type of plastic. You can use both debit cards and credit cards for almost anything: everyday spending, shopping online, and even paying bills. But which type of card is best' Credit cards have several advantages over debit cards, particularly if you're concerned about [] 

Thu, 17 May 2018
Eric Dumo The Akwa Ibom State Government has announced plans to work more with Mobil Producing Nigeria in the area of oil exploration and development of various communities. The announcement was made at the inauguration of a technical skills acquisition facility at the Community Technical College, Ikot Akata in Mkpat Enin Local Government Area of [] 

Thu, 17 May 2018
Ifeanyi Onuba, Abuja The Managing Director, Bank of Industry, Olukayode Pitan, on Tuesday said that the lender had opened discussions with the Small and Medium Enterprise Development Agency of Nigeria and the Nigeria Export and Import Bank to de-risk its loan portfolios to small-scale businesses. Pitan stated that the BoI was working closely with the [] 

Thu, 17 May 2018
Ifeanyi Onuba, Abuja The Pension Transitional Arrangement Directorate has so far recovered N16bn of legacy pension funds and assets from insurance underwriters. The Executive Secretary, PTAD, Sharon Ikeazor, said this on Wednesday in Abuja during a media briefing on the activities of the agency. The amount is the inherited pension liabilities of all the Federal [] 

Thu, 17 May 2018
Anna Okon The Lagos Chamber of Commerce and Industry has called for a ban on the exportation of woods, saying that rather than raw wood, furniture should instead be exported. The President, LCCI, Mr. Babatunde Ruwase, made the call in Lagos on Wednesday during a media briefing on the state of the economy. Ruwase observed [] 

Thu, 17 May 2018
Okechukwu Nnodim, Abuja The Nigerian National Petroleum Corporation on Wednesday called for the splitting of petroleum licences into prospecting and production phases under the draft Petroleum Industry Administrative legislation currently before the National Assembly. According to the corporation's Group Managing Director, Maikanti Baru, the proposed split will prevent a situation where operators will sit perpetually [] 

Thu, 17 May 2018
Femi Asu FBN Holdings Plc has said it will consolidate on the progress made last year to deliver a strong and sustainable performance that enhances returns to shareholders. The Chairman, FBN Holdings Plc, Mr. Oba Otudeko, stated this in his address to the shareholders at the Annual General Meeting of the company in Lagos on [] 


Thu, 17 May 2018
Femi Asu The equities market of the Nigerian Stock Exchange pared some of its recent losses on Wednesday, with the market capitalisation rising by N136bn to close at N14.848tn. The NSE market capitalisation dropped to N14.712tn on Tuesday from N14.859tn on Friday, while the All-Share Index fell to 40,615.42 basis points from 41,022.31bps on Friday. [] 

Thu, 17 May 2018
Nike Popoola Diamond Bank Plc said it recorded growth in its mobile banking revenue from N1.2bn in the first quarter of 2017 financial period to N1.8bn in the corresponding period of 2018. According to a statement from the bank, this was contained in its 2018 first quarter unaudited financial results released on the floor of [] 

Thu, 17 May 2018
Okechukwu Nnodim, Abuja The International Standards Organisation has commenced an audit of Nigeria's four international airports in Lagos, Port Harcourt, Kano and Abuja. According to the Nigerian Meteorological Agency, the ISO will also embark on the first maintenance audit of NiMet in order to ensure that it is sustaining the standard stipulated in the ISO [] 

Thu, 17 May 2018
Ozioma Ubabukoh The digital nomad revolution is among us and the combination of this remote work trend coupled with the proliferation of technology and the Internet means that new ways of making money have arisen. Worldwide, intelligent people are finding new ways to earn an income alongside their day jobs, some of which now do [] 

Thu, 17 May 2018
Maureen Ihua-Maduenyi Indications have emerged that the management of the Nigerian Aviation Handling Company Plc plans to disengage some of its workers over health and other issues. The development, it was gathered, was as a result of staff optimisation programme in the company, where it was discovered that some of the workers were no longer [] 

Thu, 17 May 2018
Chief Joseph Akpieyi, a former Chief Executive Officer of Nigerian Petroleum Refining Company (now Port Harcourt Refinery Company) (1980-85) and Warri Refining and Petrochemicals Company Limited (1980-88), is the chairman of ARCO Group. He speaks to 'FEMI ASU on the state of the nation's refineries Can you give us insights into what the refining space [] 

Thu, 17 May 2018
Femi Asu The price of 20 metric tonnes of Liquefied Petroleum Gas, popularly known as cooking gas, has increased by 15 per cent to N4.6m, the marketers have said. The President of the Nigerian Association of Liquefied Petroleum Gas Marketers, Mr. Nosa Ogieva-Okunbo, attributed the increase in the price of the LPG to the activities [] 

Thu, 17 May 2018
The workplace as we know it is evolving. Nearly half of executives believe that by 2020, technology such as cloud and Artificial Intelligence will have an impact on their way of working. This will have a significant impact on how they meet their bottom-line objectives. Simultaneously, millennials, as well as the first set of Gen [] 

Thu, 17 May 2018
Anna Okon In a move to be a key player in the Federal Government's projection of growing the Nigerian maritime industry by at least five per cent between 2018 and 2019, West Africa's frontline sub-sea and marine support services outfit, XPO Marine Services Limited, has moved to boost its workforce. Disclosing this in a statement [] 
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