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NIGERIA NEWSPAPERS: TODAY’S THISDAY NEWSPAPER HEADLINES [11 JULY, 2018].

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Saraki, Dogara, Tambuwal, Ortom, Ahmed, Scores of Legislators Set to Move to PDP
Wed, 11 Jul 2018

Realignment of political forces to oust President Muhammadu Buhari from office has intensified with the imminent movement of Senate President Bukola Saraki; Speaker of the House of Representatives, Hon. Yakubu Dogara; and Governors Aminu Tambuwal (Sokoto State), Samuel Ortom (Benue State) and Abdulfatah Ahmed (Kwara State), to the Peoples Democratic Party (PDP), THISDAY learnt Tuesday.

The political bigwigs are dumping the ruling All Progressives Congress (APC) with scores of federal and state legislators shortly before the July 27 scheduled recess of the National Assembly, THISDAY further learnt.

Six other APC governors, who consider it impolitic to move, according to multiple and reliable sources in the know of the realignment process, would remain in the ruling party and play the spoiler’s role as part of the strategic plan to push Buhari out of power next year.

Already, both Tambuwal and Ortom have dissolved their cabinets, barely a year to the end of their tenure, to offload APC elements in their government and bring in trusted hands that would assist them to execute their agenda.

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The defections, THISDAY learnt, are the next stanza in the strategic plan to further weaken the ruling party after it was broken, last week, with the emergence of the reformed All Progressives Congress (rAPC), which proceeded to sign a Memorandum of Understanding (MoU) with the PDP and 38 other political parties on Monday.

The MoU gave birth to the Coalition of United Political Parties (CUPP), a gathering of opposition parties, intent on procuring a consensus presidential candidate that would defeat Buhari and wrest power from the APC in the impending 2019 general election.

Sources at the Senate and the House of Representatives told THISDAY Tuesday in Abuja that the ‘’unprecedented defection’’, which might turn the ruling party into a minority party in the National Assembly, would definitely occur before the lawmakers go on recess on July 27.

A principal officer of the National Assembly, who was reacting to the Memorandum of Understanding (MoU) signed by PDP with other 38 political parties on Monday, while chatting with THISDAY, said: ‘’The APC has not seen anything yet; very soon, they will soon witness an unprecedented defection of many lawmakers from APC to PDP.

‘’This will happen before we break for recess on July 27 this month. By the time this is done, we will turn APC into a minority party in both chambers of the National Assembly.’’

Another senator, who pleaded anonymity, confided in THISDAY that ‘’over 28 APC senators will defect along with Senate President Bukola Saraki to PDP any moment from now.’’

THISDAY gathered that the current division within the APC, caused by the formation of the reformed All Progressives Congress (rAPC) by some aggrieved members of the ruling party, was deliberately carried out to enable some aggrieved lawmakers at the state and national levels to defect, in line with the provision of the 1999 Constitution.

With the division, the lawmakers can now defect without any legal implication that would warrant their seats to be declared vacant.

Tambuwal, who according to sources, is being favoured by leaders of the PDP, especially the governors, to fly the presidential ticket of the party, is said to have secretly constituted his presidential campaign team, with an appointment of a ‘’respected journalist, scholar and media consultant from Anambra State,’’ as his spokesman.

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We Remain One United Party under Buhari, APC Insists
Wed, 11 Jul 2018

The All Progressives Congress (APC) Tuesday insisted that it remained one united political party under the leadership of President Muhammadu Buhari, saying it did not recognise the reformed All Progressives Congress (rAPC), a group within its fold that signed a Memorandum of Understanding (MoU) with the Peoples Democratic Party (PDP) and 38 other opposition parties in Abuja on Monday.

The rAPC made a public entry last week, contesting the legitimacy of the leadership of the APC and contending that there had been a break in the ruling party.

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But the APC in a statement Tuesday by its National Publicity Secretary, Mallam Bolaji Abdullahi, denied rAPC factional status.

It said: “On Monday July 9, 2018, a group of individuals under the so-called ‘Reformed All Progressives Congress’ platform purportedly joined a coalition of opposition political parties ahead of the 2019 general election.

“We respect the right of everyone to join any association or group. However, we wish to reiterate that the so-called rAPC is not a faction of our party. Our party, APC remains united under the leadership of our President, Muhammadu Buhari.”

Referring to the MoU signed by rAPC and 38 political parties with the PDP, which threw up the Coalition of United Political Parties (CUPP), the ruling party said: “No level of gang-up can make our government under President Buhari to waiver in its promises to Nigerians.

“It is also noteworthy that some political parties that have been named as signatories to the MoU have disassociated themselves from the publicised deal.

“We once again reiterate the commitment of our party to address real grievances of our genuine members. We call on them to take advantage of this opportunity while the windows for reconciliation are still open.

“We are confident that no level of gang-up can make our government under President Buhari to waiver in its promises to Nigerians to rid our country of corruption and improve the quality of lives for our people.”

Meanwhile, the Abundant Nigeria Renewal Party (ANRP) said Tuesday that the recent report associating it to the signing of an MoU with 39 political parties was erroneous, false, and misleading.

‘’We are not, and at no time were we in talks with the PDP to enter into a strategic relationship. Nor did we sign any MoU,’’ the party’s spokesman, Sesugh Akume, stated.

ANRP claimed that the “misleading story’’ had harmed its integrity, reputation and good standing.

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With Strike in Norway, Libyan Disruption, Crude Oil Price Rises to $79
Wed, 11 Jul 2018
NNPC records N11.72bn surplus after long streak of losses ‘House probes alleged N100bn under-remittance by corporation ‘N’Assembly transmits PIGB to Buhari for assent Deji Elumoye, James Emejo, Chineme Okafor in Abuja and Ejiofor Alike in Lagos Crude oil prices rose by over one per cent towards $79 per barrel Tuesday due to growing supply outages, []The post With Strike in Norway, Libyan Disruption, Crude Oil Price Rises to $79 appeared first on THISDAYLIVE.
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Court Order Required to Reveal Customers’ BVN, CBN Tells Banks, Others
Wed, 11 Jul 2018
Nume Ekeghe The Central Bank of Nigeria (CBN) has released an amended regulatory framework for Bank Verification Number (BVN) operations and watch-lists for Nigerian financial system, saying a valid court order is a requirement to have access to a customers BVN. The central bank disclosed this in a circular posted on its website yesterday, that []The post Court Order Required to Reveal Customers’ BVN, CBN Tells Banks, Others appeared first on THISDAYLIVE.
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FCMB Offers Training to SME Operators
Wed, 11 Jul 2018
First City Monument Bank (FCMB) has organised another programme in a series of free training interventions for small and medium enterprise (SME) owners and operators. This, the bank explained, was in pursuit of its resolve to support and nurture SMEs to achieve growth and stability in their businesses. According to a statement, the event which []The post FCMB Offers Training to SME Operators appeared first on THISDAYLIVE.
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VC: UNIOSUN Was Bankrupt When I Took Over
Wed, 11 Jul 2018
Following allegations of misappropriation and embezzlement of funds levelled against the Vice-Chancellor of the Osun State University, Professor Labode Popoola by members of the non-academic staff unions, which led to the disruption of academic activities, closure and subsequent re-opening of the institution recently, Popoola has dismissed the allegations as lies, stressing that the university was []The post VC: UNIOSUN Was Bankrupt When I Took Over appeared first on THISDAYLIVE.
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FBN Holdings to Buy Back $300m Eurobond Debt Notes
Wed, 11 Jul 2018
Goddy Egene First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc is to exercise its option to call the $300 million 8.25 per cent subordinated notes(Eurobond) raised from the international debt markets before the due date of August 2020. In a filing to the Nigerian Stock Exchange (NSE) signed by the Company Secretary []The post FBN Holdings to Buy Back $300m Eurobond Debt Notes appeared first on THISDAYLIVE.
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Despite Aregbesola’s Plot, Tinubu Finally Settles for Ambode
Wed, 11 Jul 2018
Osinbajo, Akiolu prevailed on ex-governor to support Ambode, says APC chieftain Gboyega Akinsanmi The National Leader of the All Progressives Congress (APC), Senator Bola Tinubu, has endorsed the Lagos State Governor, Mr. Akinwunmi Ambode, for second term in office, despite the alleged plot by the Osun State Governor, Mr. Rauf Aregbesola, to thwart his return, []The post Despite Aregbesola’s Plot, Tinubu Finally Settles for Ambode appeared first on THISDAYLIVE.
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CBN, Others Back Removal of President’s Power on Assets Forfeiture
Wed, 11 Jul 2018
Dogara: Bill aimed at entrenching rule of law ‘Senate to debate FG’s ‘constitutional breaches’ ‘Queries deployment of 30,000 policemen in Ekiti for poll Deji Elumoye and James Emejo in Abuja The Central Bank of Nigeria (CBN) and other stakeholders Tuesday backed the ongoing moves by the National Assembly to amend the Currency Conversion (Freezing Orders) []The post CBN, Others Back Removal of President’s Power on Assets Forfeiture appeared first on THISDAYLIVE.
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Regulatory Approval Delays Teleology’s Final Payment for 9Mobile
Wed, 11 Jul 2018
Emma Okonji With barely two weeks to the deadline given Teleology Holdings to pay the balance of $251 million to acquire 9mobile, the company is said to be ready to make the payment, but still waiting for regulatory approval from the Nigerian Communications Commission (NCC) and the Security and Exchange Commission (SEC). Although it was []The post Regulatory Approval Delays Teleology’s Final Payment for 9Mobile appeared first on THISDAYLIVE.
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Address Proliferation of Arms, US Envoy Tasks FG
Wed, 11 Jul 2018
Seriki Adinoyi in Jos Deputy Chief of Mission at the US Embassy in Nigeria, Mr. David Young, has tasked the Nigerian Government at all levels to address the problem of arms proliferation as a way of addressing incessant killings across the country. According to him, the government must also look into the underlying problems that []The post Address Proliferation of Arms, US Envoy Tasks FG appeared first on THISDAYLIVE.
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