NIGERIA NEWSPAPERS: TODAY’S THE NATION NEWSPAPER HEADLINES [3RD AUGUST, 2018].

Buhari tells Saraki, other defectors: youre bad eggs
Fri, 03 Aug 2018

President Muhammadu Buhari yesterday referred to defectors from the ruling All Progressives Congress (APC) to the Peoples Democratic Party (PDP) as “bad eggs”.

He said as the 2019 elections approach, “God will continue to fish out the bad eggs among us”.

He reiterated his resolve to ensure that nobody is allowed to loot the treasury.

Said Buhari: “What I will never exhibit is to allow selfish politicians loot public treasury and allow the masses be cheated.

“All what we are doing is in the interest of the people and our dear country.

“I pray to God to expose sycophants that are still within our party, who are bent on trying to loot our resources.”

APC National Chairman Adams Oshiomhole said the defectors were afraid of the government’s anti-corruption war, adding that many of the looters of the treasury during the 16 years of the PDP administrations would end up in jail.

They spoke in Bauchi yesterday while campaigning for the APC candidate in the August 11 Bauchi South senatorial by-election.

The seat became vacant following the death of Senator Ali Wakili. The APC candidate is Hon. Gumau Lawal Yahaya.

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The President urged party faithful not to be perturbed by the defections.

Senate President Bukola Saraki and three governors – Aminu Tambuwal (Sokoto), Samuel Ortom (Benue) and Ahmed Abdulfattah (Kwara) led the defectors.

Buhari said: “The work we are doing is because of God, our country and you. I want to inform you that with the knowledge we have garnered over the years, we won’t allow you to be cheated.

“Like we promised, what will determine a good future for the country are security, strong economy and to stop corruption.

“We campaigned on these things, you voted for us and we will never forget.”

“The President got a thunderous applause from party supporters at the Abubakar Tafawa Balewa Stadium, Bauchi, venue of the rally.

Buhari endorsed the candidate saying: “We have confidence in him and we trust him.”

He praised the crowd for defying the downpour to turn out in large numbers for the rally.

Lambasting the defectors, Oshiomhole said:

“This is a clear indication that some of them (defectors) have been sharing the country’s resources for 16 years, but failed to do that in the last three years.

“ Most of them are afraid of the anti-corruption crusade being waged by this administration, and are sure that most of them will find themselves behind bars.

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Soyinka: Obasanjo knelt down for Atiku in 2003
Fri, 03 Aug 2018

Former President Olusegun Obasanjo knelt down for then Vice President Atiku Abubakar in his desperate bid to secure the ticket of the Peoples Democratic Party (PDP) for the 2003 poll, according to Professor Wole Soyinka.

The revelation came yesterday as the Nobel laureate gave a rare insight into the high-stake lobbying and negotiations that preceded the PDP’s presidential primaries in which Atiku was highly favoured to win at the expense of his then boss Obasanjo.

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Besides, Soyinka spoke on how genuine efforts by Chief Bola Ige to reposition the energy sector as Power Minister between 1999 and 2000 were sabotaged by Obasanjo.

Soyinka was replying a question at a special reading session to mark the presentation of his latest book, “Quis Custodiet Ipsos Custodes?: Gani’s Unfinished Business”, at the Freedom Park, Lagos.

Speaking at the event, Mr. Louis Odion, one-time Edo State Information Commissioner and The Nation columnist, asked the literary giant whether he believed a sensational claim last year by Ekiti State Governor Ayodele Fayose of witnessing Obasanjo going down on his knees in Tripoli before the late President Muamar Ghaddafi in his desperate bid to secure the Libyan strongman’s support for an extension of his chairmanship of the African Union (AU), since the former Nigerian President has neither denied nor confirmed the account.

Fayose’s account was published by an Abuja-based monthly magazine, The Interview.

Ghaddafi was younger than Obasanjo. Libya is smaller in size and population compared to Nigeria.

Responding, Soyinka said he had no cause to doubt Fayose, given his knowledge of how Obasanjo did the “unthinkable” when his aspiration for a second term in office was similarly threatened in 2003.

Said he: “Before the PDP primaries in January 2003, Obasanjo got everyone he knew could reach me on the surface on the earth including Yemi Ogunbiyi and my son, to get me to help him intercede when it was clear that (Abubakar) Atiku was in a position to take his job. He knew Atiku had a lot of regard for me and calls me ‘Uncle’.”

In the now famous BBC interview few days to PDP’s 2003 primaries, Atiku had declared that he was under tremendous pressure from his supporters to contest the ticket against Obasanjo but was yet to make up his mind in what triggered panic in Obasanjo’s camp.

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Projects: Fed Govt to refund N489b to 21 states
Fri, 03 Aug 2018

LAGOS and Akwa-Ibom states top the list of 21 states the Federal Government will refund N489 billion spent on federal projects, senator representing Anambra Central Chief Victor Umeh said this yesterday.

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Speaking in Awka, Anambra State to reporters, Umeh said the Senate decided to settle some of the outstanding claims and liabilities of states with N488,743,526,204.77k based on state-by-state claims.

From the amount, according to him, Lagos State would be refunded N114.6 billion and Akwa-Ibom would receive N78.7 billion.

Other states like Zamfara, Umeh said, would get N60.02 billion; Ogun N59.2 billion and Anambra N37. 9 billion, among others.

He said he was a member of the Ad hoc Committee on promissory note programme and bond issuance that approved the refund.

According to him, “The approval of the refund followed a motion by Senator Francis Alimikhena (Edo North) that the Senate should settle inherited local debts and contractual obligations on refund to states’ governments for projects executed on behalf of the Federal Government.”

However, he urged the Federal Government to release the money on time so that the states, especially Anambra, could put such fund to use.

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Saraki, Tambuwal, Ortom, others at PDP NEC meeting
Fri, 03 Aug 2018

Defecting Senate President Bukola Saraki and two governors – Aminu Tambuwal (Sokoto) and Samuel Ortom (Benue)- attended yesterday’s National Executive Committee (NEC) meeting of the Peoples Democratic Party (PDP)

There were also Senator Rabiu Kwankwaso and Senator Barnabas Gemade, who returned to the PDP last week.

Saraki attributed events of the past week to the “mercy of God”, saying that it was beyond human wisdom.

He said: “Anybody that believed this could happen based on the wisdom of just human beings does not know or is not being realistic. It is by the mercy of Almighty God that this has happened.

“So, today, as we thank the Almighty God for allowing us to be alive to witness this, for allowing those that are able to be here today, those of my colleagues who had a long journey, tough journey, tortuous journey to be here, those on the side of PDP who made it possible for it to happen, it was because of the intervention of the Almighty God.

“I am happy to see some of my colleagues here who have given me faith in this country, who have made me believe there are still men of character, that there are still men who are still ready to make sacrifices for this country.”

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Saraki went on: “This sacrifice that we are all making, is just the first part because we are doing this for Nigerians and that exercise will not be complete until we make a better country for our people.”

PDP National Chairman Prince Uche Secondus assured Saraki and others who defected to the party recently that their efforts would not be in vain.

Describing Saraki as key in the renewed struggle to “free” Nigeria, Secondus praised the defectors, saying history would be fair to them.

Said he: “The bold steps you took to return to the party where you truly belong, is a sacrifice not for yourself but for Nigeria and history will be fair to you.

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Wamakko: Tambuwal has made worst decision ever
Fri, 03 Aug 2018
Members of the All Progressives Congress (APC) yesterday got a plea from some of its leaders stay firm.Three governors, some federal and state lawmakers, including Senate President Bukola Saraki, have defected from the ruling party to the Peoples Democratic Party (PDP).To political leaders in Sokoto and Nasarawa states, among others, the defection will not affect the support for President Muhammadu Buhari and the party.Party stakeholders led by Nasarawa State Governor Tanko Al Makura urged memb
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Electricity distributors fight back (II)
Fri, 03 Aug 2018
The 11 electricity Distribution Companies (DisCos) have come under fire of late. Consumers are berating the firms for billing them for services not rendered. The government is accusing them of turning themselves into monopolies. But, the operators are not keeping quiet. EMEKA UGWUANYI examines the power sector crises. However, the reference to the issues of supply of meters, or the proliferation of estimated bills here seems quite odd. Yes, estimated billing, a methodology designed and codified
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Abuja metro rail, first of its kind in Africa, says minister
Fri, 03 Aug 2018
Mohammed: Buhari has delivered in three key areasTHE Abuja Metro Rail inaugurated by President Muhammadu Buhari is the first of its kind in Africa, Minister of Information and Culture Lai Mohammed has said.Mohammed, who spoke yesterday after a tour of the rail line, said the project was the first integrated rail system in Africa.According to him, it is aimed at achieving seamless transfer of passengers from air to train, air to land and then connect to regional rail (Abuja-Kaduna national rail)
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LCCI: low interest rate ll stimulate investment
Fri, 03 Aug 2018
The Lagos Chamber of Commerce and Industry, LCCI, yesterday said to ultimately have a moderating effect on inflation, there is need for low interest rate which will stimulate investment, impact positively on growth, create more jobs, increase income and boost output.In a Media briefing on the state of the economy, LCCI President , Mr. Babatunde Ruwase said the chamber notes the decision of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) at its meetingof 23rd and 24th July 2018,
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Suspect arraigned for wine theft
Fri, 03 Aug 2018
An unemployed man, Justine Abushieye, has been arraigned at a Wuse Zone 2 Senior Magistrates Court in Abuja for allegedly stealing a bottle of wine, valued at N18,000.Abushieye, of no fixed address, was arraigned on a one-count charge of theft.Prosecutor Mr. Fidelis Chijioke told the court Yua Timothy, of Jethro Pharmacy, Wuse 2, reported the matter at Wuse Police Station on June 21.He said about 10 am on the same date, Abushieye went to Jethro Pharmacy, Wuse 2, to buy a drug, valued at N100.Chi
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Realignments for survival, relevance in 2019
Fri, 03 Aug 2018
The spate of defections, mostly from the All Progressives Congress (APC) to the Peoples Democratic Party (PDP), reached a crescendo on Tuesday when Senate President Bukola Saraki and Governor Abdulfatah Ahmed of Kwara State, two senators, six members of the House of Representatives and 22 of the 23 House of Assembly members dumped the ruling party. Deputy Political Editor RAYMOND MORDI, Assistant Editor LEKE SALAUDEEN and MUSA ODOSHIMOKHE sought the views of some observers and politicians about
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Makarfi: Stop victimisation in Benue
Fri, 03 Aug 2018
Peoples Democratic Party (PDP) presidential aspirant and former governor of Kaduna State Senator Ahmed Makarfi has objected to what he described as the victimisation of defectors to the party in Benue State.He said those victimising Governor Samuel Ortom and his supporters are trying to truncate democracy, adding that the governors defection was in accordance with freedom of association guaranteed by the constitution.Makarfi said in a statement by his media aide, Mukhtar Sirajo, that two-third o
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Obaseki and challenges of development in Edo
Fri, 03 Aug 2018
Fomer House of Representatives member Patrick Obahiagbon highlights the steps taken by Edo State Governor Godwin Obaseki to reposition the state and enjoins the people to support his development initiatives.Much has been said about political leadership in states of the federation and in the Nigerian nation-state in the contexts of good and bad leaderships. The essential prisms through which to appreciate leadership could be philosophical or ideological, spiritual or temporal, economic or politic
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Aremu unfolds governorship ambition in Kwara
Fri, 03 Aug 2018
Former Deputy National President of Nigeria Labour Congress (NLC) Issa Aremu has declared intention to contest for the governor of Kwara State under the Labour Party (LP).Addressing party supporters, he said Kwara was lacking in development, adding that he would ensure the people enjoy dividends of democracy when voted to office.Aremu said that he would address the uncertainly in state, noting that the people were weighed down by poverty and mass hunger.He said: With God guidance and your suppor
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Will you put your property in your spouses name’ trends on Google
Fri, 03 Aug 2018
Nigerian signer,Oluwatosin Oluwole Ajibade, popularly known as Mr Eazis new single entitled Property, dominated searches on the internet search engine, Google, this week.Googles spokesman, Mr Taiwo Kola-Ogunlade, made the disclosure in a dispatch to the News Agency of Nigeria (NAN) on Thursday in Lagos.According to him, the top trending search terms on Google Nigeria this week revolve around entertainment and sports news.Kola-Ogunlade noted that the singer poured out his heart to his girlfriend,
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NSITF rehabilitates 42 injured workers in one year
Fri, 03 Aug 2018
The post NSITF rehabilitates 42 injured workers in one year appeared first on The Nation Nigeria.
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Notore Chemical lists N100.75b shares on NSE
Fri, 03 Aug 2018
Plans N11.3b turnaround maintenance Sotore Chemical Industries (Notore) Plc yesterday listed its entire paid up share capital on the Nigerian Stock Exchange (NSE), opening up the agro-allied company to the general investing public 13 years after it was privatised by the Federal Government.A total of 1.612 billion ordinary shares of Notore were listed at N62.50 per share under the agro-allied and chemical subsector of the NSE. Notore, a vertically integrated agro-allied, chemical and power group
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Stanbic IBTC supports aviation sector
Fri, 03 Aug 2018
STanbic ibtc Bank is creating an enabling environment to support Nigerias aviation industry.This was the consensus of stakeholders at a recent interactive aviation session organized by Stanbic IBTC Bank PLC, a member of Stanbic IBTC Holdings, in Lagos. The session attracted players across the aviation spectrum, including aircraft manufacturers, airlines, investors, pilots, lessors, bankers, insurers, engineers, travel agencies, air travellers and aviation service companies.Chief Executive, Stanb
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GTBank plans banking services on WhatsApp
Fri, 03 Aug 2018
Guaranty Trust Bank plc will be launching its banking services on WhatsApp Business Solution. This will enable the lender to offer Nigerians additional channel to connect with the bank for enquiries, service requests and access to other basic banking services. This is in line with the banks continued efforts to enhance service delivery and offer superior banking experiences to customers.Over the years, GTBank has been at the forefront of establishing a wide range of value-adding touch-points thr
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CBN: frameworkll be strengthened to check cyber crimes
Fri, 03 Aug 2018
With the global cost of cybercrime estimated at over $600 billion in 2017, the Central Bank of Nigeria (CBN) yesterday said it would strengthen its regulatory framework to check cybercrimes on Nigerias financial system.Deputy Governor, Financial Systems Stability of the CBN Mrs. Aishah Ahmad, made this disclosure during a cyber security conference in Abuja.She stated that whilst a variety of organisations are exposed to cybercrime, the financial sector is particularly vulnerable given its crucia
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Nigeria seeks World Banks collaboration to accelerate economic growth
Fri, 03 Aug 2018
The Federal Government has approached the World Bank to leverage its global reach and expertise to accelerate the growth of nations economy.Minister of Finance, Mrs. Kemi Adeosun made the appeal yesterday when she received the World Banks Vice President for Africa Mr. Hafez Ghanem in her office in Abuja.Adeosun said: We hope to accelerate the growth and this interaction with the World Bank is how do we do that, and how do we leverage the technical capacity, global reach and wealth of experience
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NSE lifts Fidson to medium-price stock
Fri, 03 Aug 2018
The Nigerian Stock Exchange (NSE) yesterday reclassified Fidson Healthcare Plc from low-priced stock to a medium-price, enhancing the price discovery and trading liquidity for the healthcare company. The reclassification took effect from August 1, 2018.As a medium-priced stock, stockbrokers could move the share price of Fidson with a minimum volume of 50,000 shares as against 100,000 minimum shares required for low-priced stocks. Also, the tick size for Fidson will change from one kobo to five k
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Fed Govt owes oil marketers over $2b subsidy
Fri, 03 Aug 2018
The Federal Government is owing oil marketers over $2 billion in subsidy claims, Major Oil Marketers Association of Nigeria (MOMAN) said yesterday.Its out-going Executive Secretary, Obafemi Olawore, lamented that the development has forced many marketers to shut operations with attendant loss of jobs by youths hitherto employed by the marketers.He urged the government to settle their claims before the Assets Management Company of Nigeria (AMCON) takes over their remaining businesses.Olawore said
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World Bank to support ERGPs execution
Fri, 03 Aug 2018
The World Bank has expressed its willingness to provide technical support to Nigeria on the implementation of the Economic Recovery and Growth Plan (ERGP) mid-term review. The support will also cover power sector reform and public private partnerships (PPPs).The banks Vice President for African Region, Hafez Ghanem, who disclosed this in Abuja during a discussion with the Minister of Budget and National Planning, Udoma Udo Udoma, said the lender accords Nigeria top priority in its considerations
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Fed Govt to boost intra-African trade with infrastructure
Fri, 03 Aug 2018
The Federal Government will drive products competitiveness with metrological infrastructure.Federal Ministry of Industry, Trade and Investment Permanent Secretary Mr. Edet Akpan stated this at the opening of the 12th General Assembly of the Intra-African Metrology Systems (AFRIMETS).The forum was hosted by the Standards Organisation of Nigeria (SON), in collaboration with the United Nations Industrial Development Organisation (UNIDO), in Enugu.Akpan, represented by a SON Governing Council member
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