NIGERIA NEWSPAPERS: TODAY’S THE NATION NEWSPAPER HEADLINES [2ND AUGUST, 2018].

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APC to Saraki: resign now
Thu, 02 Aug 2018

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Senate President Bukola Saraki came under fire yesterday, 24 hours after he announced his defection from the All Progressives Congress (APC) to the Peoples Democratic Partry (PDP).

The APC, which on Tuesday queried him for breaching Article 21 of the party’s constitution, asked him to resign his positon because the PDP is the minority party in the Senate.

He cannot go away with another person’s crown, party Chairman Adams Oshiomhole said.

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The Federal Government said Saraki would not be missed by the ruling party because, even as a party member, he behaved like an opposition within.

In Saraki’s Ilorin, Kwara State capital hometown, some key members of the PDP, led by state Chairman Iyiola Oyedepo, announced their defection to the APC.

Former Publicity Secretary Rex Olawoyeo described Saraki as an “anathema”, who they could not work with.

But 23 members of the Kwara State House of Assembly defected to the PDP in support of the Senate president.

The 24th member, Saheed Popoola (Ojomu-Balogun Constituency) in Offa Local Government Area, declined to join the train. He was promptly removed as Chairman, House Committee on Information, Youth and Sports.

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Also yesterday, Senator Rafiu Ibrahim described the query issued to Saraki by the APC National Working Committee as belated, saying Saraki did not cause any of the problems they attributed to him.

Oshiomhole, who called on Saraki should step down, spoke at the Presidential Villa after President Mhammadu Buhari’s meeting with 12 APC senators, led by Senate Leader Ahmed Lawan.

Lawan called on the National Assembly to reconvene to consider the virement request by the President to fund the request by the Independent National Electoral Commission (INEC) ahead of the 2019 elections.

Oshiomhole said: “Nobody in the APC will be surprised about the defections. In fact, they have stayed a little bit longer than we thought. Last week, the Kwara State governor was quoted to have said he was leaving, but he didn’t say when. So, we are not surprised at all.

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“But these are what I might call tempting moments because I had faced similar situations in my state, when people were leaving. But the beauty of democracy is that whether big or small, it is one man one vote on election day; no difference between a senator, a president, a journalist and any other person.

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Ekweremadu falls ill during EFCC grilling
Thu, 02 Aug 2018

Deputy Senate President Ike Ekweremadu fell ill on Tuesday during interrogation by operatives of the Economic and Financial Crimes Commission (EFCC), it was learnt yesterday.

He was being grilled over his numerous assets in Nigeria, United Kingdom, United States and United Arab Emirates (UAE).

Specifically, Ekweremadu was asked to account for how he came about over 60 assets.

When it appeared that he was getting weak, the Deputy Senate President was permitted by the EFCC to seek medical attention in the hospital.

The resumption of the investigation on Ekweremadu’s assets will now be determined by his fitness and the medical report from the hospital, it was learnt.

A top EFCC source said: “We were able to highlight additional 38 assets, added to the initial 22 on which he ought to give explanation.

“The grilling started smoothly until he complained of discomfort and he was unable to continue to answer our questions. His sudden illness might have arise from high blood pressure.

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“Since he needed urgent medical attention, we allowed him to go to the hospital of his choice for treatment.”

The Federal Government, through the Special Presidential Investigation Panel for the Recovery of Public Property, had traced 22 assets to Ekweremadu.

The said assets were suspected to have been acquired through illicit funds.

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CBN sets five-year timeline on cheque storage
Thu, 02 Aug 2018
The Central Bank of Nigeria (CBN) has set a five-year timeline for banks to keep physical cheque presented to them by customers after which the instrument may be disposed.This is contained in the Nigerian Bankers Clearing System (NBCS) Rules released yesterday by the apex bank. The policy is in line with the CBNs exercise of the powers conferred on it under Sections 2(d), 33 (1)(b) and 47(2) of the CBN Act 2007 to promote a sound financial system, issue guidelines, facilitate the development of
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Buhari for 10-day break in London
Thu, 02 Aug 2018

PRESIDENT Muhammadu Buhari will on Friday begin a 10-day holiday.

A statement issued by the Special Adviser on Media and Publicity, Femi Adesina, said: “In compliance with Section 145 (1) of the 1999 Constitution, a letter has been transmitted to the President of the Senate, and the Speaker, House of Representatives to that effect.

“While the President is on vacation, the Vice President will be in acting capacity as President.

“President Buhari will be in London for the holiday.”

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Sokoto State Governor Tambuwal returns to PDP with 18 lawmakers
Thu, 02 Aug 2018
Months of speculations on Sokoto State Governor Aminu Tambuwals political fortune yesterday ended with his return to the Peoples Democratic Party (PDP).He announced the expected decision at a solidarity rally organised by his supporters across the states 23 local government areas.Tambuwal told the rally: This is not a decision that I have made lightly, but after extensive consultations with all the important stakeholders that we have come to the decision to pitch our political tent elsewhere.How
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Work begins on Lagos rail standard gauge
Thu, 02 Aug 2018
The Nigeria Railway Corporation (NRC) has said the construction of the Lagos-Ibadan standard rail gauge has started fully as the challenges of underground pipelines and cables have been resolved.NRCs Lagos District Manager, Mr Jerry Oche, told News Agency of Nigeria (NAN) in Lagos that work had started on the laying of standard rail gauge from the Lagos axis.He said: We all know that the standard gauge in Lagos axis from Apapa to Ijoko in Ogun State is in the same corridor with narrow gauge.No
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Appeal Court quashes election sequence reorder verdict
Thu, 02 Aug 2018
THE Court of Appeal in Abuja has set aside the judgment by the Federal High Court, Abuja, which voided Section 25 in the Electoral Act (Amendment) Bill 2018, which sought to dictate the sequence of the next general elections.Justice Ahmed Mohammed of the Federal High Court, Abuja had, in a judgment on April 25, this year, upheld a suit by Accord Party, to the effect that the National Assembly attempted to usurp the exclusive power of the Independent National Electoral Commission (INEC) by seekin
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Wike: Tambuwals defection, victory for democracy
Thu, 02 Aug 2018
Rivers State Governor Nyesom Wike yesterday declared Governor Aminu Tambuwals defection as victory for democracy.In a statement, he said: This is a victory for democracy. There are lots of Nigerians who believe that the right thing should be done. What the Sokoto State governor has done is the right thing.There are some people who have said that we cannot continue to live in a world of intimidation. We cannot continue to live in a world of harassment. Every right thinking Nigerian should come to
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Kwara groups stage rally in support of Buhari
Thu, 02 Aug 2018
Scores of people on the platforms of Kwara Liberation Group, Save Kwara group and former members of the Peoples Democratic party (PDP) yesterday marched across major roads in Ilorin, the Kwara state capital, drumming support for President Muhammadu Buhari.The groups also called for good governance and leadership in the state.The peaceful rally, tagged a mega rally of 300,000 Kwarans in three Kilometres, three hours, three minutes and three seconds, was aimed at mobilizing people to effect what t
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23 Kwara lawmakers defect to PDP
Thu, 02 Aug 2018
Twenty-three members of the 24-member Kwara House of Assemblyyesterday defected to the Peoples Democratic Party (PDP).Speaker Ali Ahmad announced this as conveyed in a letter by Majority Leader Hassan Oyeleke.Only one member Saheed Popoola, representing Ojomu-Balogun Constituency in Offa Local Government Area, did not defect.Ahmad said that the movement to the PDP by the 23 lawmakers became imperative since the APC has failed to meet the aspirations of Nigerians.He alleged that the APC-led Feder
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Melaye: Swiming in pool of controversy
Thu, 02 Aug 2018
The senator representing Kogi West, Senator Dino Melaye, is a man associated with a lot of drama and theatrics. So, when the news broke that some of his constituency projects, which were due for inauguration, have been allegedly burnt, not a few Nigerians believed he was up to another political drama. JAMES AZANIA examines this development and some of the political undertones it generated.AFTER a lull in the spate of controversial activism associated with the politics of Senator Dino Melaye, the
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Fayose impacted negatively on Ekiti
Thu, 02 Aug 2018
All Progressive Congress (APC) chieftain Femi Odere, in this interview with EMMANUEL OLADESU and MUSA ODOshIMOKHE, explains the challenges before Ekiti State Governor-elect Kayode Fayemi and why voters in the Fountain of Knowledge need re-orientation.What is your assessment of the Ekiti State governorship election’It was a referendum on the part of the electorate, as regards who they prefered to steer the ship of state in the next dispensation. Fayoses negative governance style which border
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Niger PDP elders, youths reject zoning
Thu, 02 Aug 2018
Peoples Democratic Party (PDP) elders and youths in Niger State have rejected governorship zoning to Niger North Senatorial District for next years election.They said the position of the party chairman, Tanko Beji, on the issue was wrong.The leader of the Concerned Youths Forum, Dr. Mohammed Bello, told reporters in Minna, the state capital, that Beji voluntered a personal opinion, stressing that there was never a consensus on zoning.He described the chairmans statement as undemocratic, unconsti
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PDP Reps to keep vigilance on NASS to prevent Sarakis impeachment
Thu, 02 Aug 2018
Following the formal defection of the President of the Senate, Bukola Saraki from the ruling party, All Progressives Congress (APC) to the Peoples Democratic Party (PDP), the caucus of PDP in the House of Representatives has vowed to resist the impeachment plot against him.The caucus said it is currently keeping vigilance over the Senate Chamber to prevent it being forcefully accessed by APC Senators.The decision of the lawmakers followed an alleged plot to impeach Saraki by some APC senators sa
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Ekiti vigilante leader, six others arrested with human corpse
Thu, 02 Aug 2018
Charged with murder, conspiracyThe Police in Ekiti State have arrested the leader of Vigilante Group of Nigeria (VGN), Mr. Femi Ogunleye, for allegedly torturing a man to death and attempting to secretly bury him.Ogunleye (43), also known as Akilapa, was on Monday arrested with six other members of the group who allegedly participated in the arrest and torture of the victim whose name was given as Oke.The Police, who were acting on a tip-off, searched Ogunleyes residence and found Okes dead body
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Groups stage rally in support of Buhari
Thu, 02 Aug 2018
Rail against Saraki, AhmedScores of people under the platforms of Kwara Liberation Group, Save Kwara group and former members of the Peoples Democratic Party (PDP) on Wednesday marched some major roads in Ilorin, the Kwara state capital drumming support for President Muhammadu Buhari.The groups also solicited for good governance and leadership in the state.The peaceful rally, tagged a mega rally of 300,000 Kwarans in three Kilometres, three hours, three minutes and three seconds, was aimed at mo
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Atiku denies do or die statement
Thu, 02 Aug 2018
Former Vice President Atiku Abubakar, a presidential aspirant under the platform of PDP has denied in strong terms a statement attributed to him that there would be consequences should the PDP fail to issue him the presidential ticket.The elder statesman was alleged to have boasted that the party has no option rather than giving him the mandate to be its presidential flag bearer or there will be no peace in the party.Reacting to the malicious statement making the rounds in some quarters of the m
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Kanu Nwankwos wife, fans, celebrate him at 42
Thu, 02 Aug 2018
Kanu Nwankwos wife, Amara and his fans have continued to shower encomiums on the football legend who turned 42 on Wednesday.Kanu, who is the first Nigerian football player to be named African Player of the Year twice, is regarded as one of Nigerias greatest sportsmen.His wife Amara, with whom he celebrated 14 years anniversary in July, wrote on her Instagram page @amarakanu; Oh look what 1st August brought us. Happy birthday to you champ @kingkanu4. You are loved.Similarly, elated fans also took
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Oil prices dip sharply on U.S. inventories
Thu, 02 Aug 2018
Oil prices declined toward lows not seen since late June yesterday after official data showed an unexpected increase in the United States (U.S.) inventories of crude oil that pushed stockpiles back toward the five-year average.Light, sweet crude for September delivery fell 1.7 per cent to $67.58 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark, shed 2.2 per cent to $72. 60 a barrel.A survey showed that the Organisation of Petroleum Exporting Countries (OPECs) crude
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Housing: Stakeholders push for new law
Thu, 02 Aug 2018
The Attorney-General of the Federation (AGF) Minister of Justice, Abubakar Malami (SAN), has said over N60 trillion is required to address the countrys 17 million housing deficit.Malami disclosed this in his keynote address at the just-concluded workshop on the Model Mortgage and Foreclosure Draft Bill, at the Rockview Hotel Royale, Abuja.The theme of the workshop was: Creating an enabling environment for the growth of the housing and mortgage Sector: The need for land and law reform.Malami, rep
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Nigerias first steel, concrete building ready soon
Thu, 02 Aug 2018
A Building construction firm, ITB Nigeria Limited, has said it is set to complete its first steel and concrete building project, the Azuri Peninsula, in the Eko Atlantic City, Lagos State.The Azuri Peninsula project, which began in early 2015, is a unique steel and concrete residential building project, consisting three sets of over 30 floors.Steel and concrete structures involve a mix of steel and concrete to form a single element. The advantage of using this technology gives rise to benefits l
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First Bank flags-off agent banking in Jabi park
Thu, 02 Aug 2018
First Bank Ltd yesterday flagged-off partnership on agent banking with the National Union of Road Transport Workers (NURTW) in Jabi Motor park, Abuja.The Deputy Managing Director, Mr. Gbenga Shobo, represented by Regional Head, Shehu Aliyu, and the President, NURTW Alhaji Najeem Yasin led the representatives of the bank and the union respectively in the FirstBank Agent Banking/NURTW partnership.Shobo said what we are doing today is the flagging-off of business across not only the motor park in J
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Firm holds safety awareness
Thu, 02 Aug 2018
Experts have revealed that the ratio of serious accidents to near misses in the work environment is estimated at one to 300 at-risk behaviours.They spoke at the recently- concluded workshop on health, safety and environment organised by Oil Servicing firm, Eunisell Limited, at its Lagos Office,At-risk behaviour, according to them, are activities or work-related environmental issues that fail to meet or bypass best practices, safety programmes and training procedures.EuniselL Group Managing Direc
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BCPG seeks better craftsmen
Thu, 02 Aug 2018
Members of Building Collapse Prevention Guild (BCPG), Ikorodu Cell, Lagos, have urged stakeholders in the local construction industry to promote the use of competent craftsmen to reduce the spate of unsatisfactory works in building production across the country.The call was made at a seminar organised by the built environment professionals living or working in Ikorodu.The seminar was themed: Profiling craftsmen competency in the Nigerian construction industry.The guest speaker, a Department of B
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Renewable energy records $200m investments
Thu, 02 Aug 2018
Nigerias renewable energy segment has recorded $200million worth of equity investments, Stanbic IBTC Banks Head, Power & Infrastructure, Mr Abiodun Oni, has said.He said the capital is small in view of the investment gap in the off-grid sub-sector of the electricity industry.According to him, more private investments are coming to the sector to make more Nigerians access electricity for growth.He said bonds of between five and 10 yearstenure were issued by operators to raise liquidity that w
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UBAs Leo launched on WhatsApp
Thu, 02 Aug 2018
United Bank for Africa (UBAs) chat banker, Leo has launched in pilot mode on WhatsApp and will be fully available to customers by September 1, the lender said in a statement.With Leo now on WhatsApp, customers who are lovers of the app will be able to open new accounts, check their balances on the go and carry out basic banking services.Speaking about the launch of Leo on WhatsApp, Kennedy Uzoka, Group Managing Director, said: Our customers are at the heart of our business and we as a bank, are
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Six mistakes to avoid when buying properties
Thu, 02 Aug 2018
PROPERTY World African Network Group (PWAN) Chief Executive Officer, Marc Austine, has advised Nigerians to be weary of six common mistakes when buying landed properties.Austine listed them to include not conducting a proper search on a property before making payment for it. He warned prospective property buyers not to be influenced by the market offerings to avoid jumping at any offer on the table.Other mistakes to avoid, according to him, include buyers to stick to their budget by being sure o
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Equities open August with N147b loss
Thu, 02 Aug 2018
Against the background of a net capital depreciation of N456 billion in July, Nigerian equities started the new month on a negative note as investors continued realignment of their portfolios.Benchmark indices at the Nigerian Stock Exchange (NSE) showed average decline of 1.09 per cent yesterday, representing net capital depreciation of N147 billion. This depressed the average year-to-date return for Nigerian equities to -4.26 per cent.The All Share Index (ASI)-the main value-based index at the
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