NIGERIA NEWSPAPERS: TODAY’S THISDAY NEWSPAPER HEADLINES [16 AUGUST, 2018].

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Presidency Clarifies Daura’s Status, Says He’s Being Debriefed, Not Detained
Thu, 16 Aug 2018

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The Presidency wednesday clarified the status of the former Director-General of the Department of State Service (DSS), Mr. Lawal Daura, who was dismissed last week, saying he was being debriefed contrary to reports that he was under detention.

Making this disclosure while appearing on ARISE NEWS television programme, Morning Show, anchored by former presidential spokesman, Mr. Reuben Abati, the president’s media adviser, Mr. Femi Adesina, explained that given the sensitive nature of Daura’s schedule, it was necessary for him to interact more with his replacement, Mr. Matthew Seiyefa, in order to do proper handover of his former office.

Daura was fired last week by Acting President Yemi Osinbajo, following the siege to the National Assembly by hooded and heavily armed operatives of the DSS, reportedly on his orders.

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Osinbajo said the siege was an unauthorised assault on the rule of law that gravely embarrassed the federal government.

He ordered an enquiry into the incidence, necessitating the interrogation of Daura by the police, which took him into custody.

But Adesina told Abati on Arise TV that somebody of the status of Daura with a lot of security matters at his disposal has to be properly debriefed before he can be totally freed, revealing, for instance, that before Daura’s sack, the government was already inching towards a breakthrough on the release of Leah Sharibu.

He also disagreed with Abati that Daura is intentionally being detained instead of being charged to court if found culpable in any act, saying denying him freedom for now is rather a necessary move not only to debrief him but also to ensure that he properly hands over to his successor.

He disclosed that the level of progress made so far by the sacked DG on Leah Sharibu’s case, for instance, needs to be handed over to his successor, adding that Daura recorded some levels of progress before his ill-fated exit.
Leah was one of the 110 Dapchi schoolgirls kidnapped earlier in the year by Boko Haram.

She was held back by the terrorist group when her peers were freed, following her refusal to renounce her Christian faith.

But Adesina said, “I wouldn’t call that detention really. You know that a person of that caliber (Daura) needed to be debriefed and he needs to hand over properly. This is security. On security at that level, you don’t ask the man to go. No. There must be proper debriefing and handing over. Whether we like it or not, there were some milestone achievements under Daura – the Chibok girls’ kidnap, which happened under the government you (Abati) served, on which there was no headway (the release of some of them happened under Daura).

“There is this problem that it is not everything that the hunter sees in the forest that he talks about. But at the risk of revealing something, l know that a breakthrough was about being achieved about Leah Sharibu before what happened to the DG, DSS happened.

“Then, do you think he should walk away without handing over to whoever is succeeding him? That is why there has to be that interface between him and his former subordinates who are now running the show for awhile.”

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Despite APC’s Offensive, Saraki Considers Presidential Run
Thu, 16 Aug 2018

Despite spirited moves by the ruling All Progressives Congress (APC) to remove him from office, Senate President Bukola Saraki wednesday dropped hint of his interest to run for the office of President in February next year election.

The hint of interest came through an interview he granted a foreign media platform, Bloomberg, after months of speculations and torrent of third party endorsements.

The Kwara State-born politician, who spoke at his Abuja residence said he was consulting and actively considering running against President Muhammadu Buhari and other candidates who might be interested in the position.

“I am consulting and actively considering it. I believe I can make the change,” he said.

Saraki, 56, who recently defected from the All Progressives Congress (APC) also pointed out that if he decided to run, it would be under the banner of the Peoples Democratic Party (PDP), the main opposition party.

Since 2015, when he emerged President of the Senate, against the wish of his erstwhile party leaders, his relationship with the president has not been cordial, considering the frequent clashes between the executive and the legislative arms of government, a situation many pundits believe has slowed down the business of governance in the country.

He was a former member of the PDP who despite joining the APC, often went against the party line.

His defection last month back to the PDP came amid a wave of such departures from the APC, including dozens of senators and at least two state governors.
After security operatives surrounded Saraki’s home last month for undisclosed reasons, the secret police temporarily blocked access to the National Assembly on August 7, in what Saraki said was an illegal attempt to remove him from office. The head of the Department of State Services (DSS), Mr. Lawal Daura, was dismissed over the deployment.

Reacting to the ugly development, Saraki simply said, “If a government can go and lock up an arm of government, and it’s never happened in our history, we should all be very concerned.”

While preparing the minds of Nigerians for what the 2019 election would look like, Saraki said they should not be surprised that the ruling party would use security agencies for elections.

He also stated that investors and citizens have lost confidence in the president.

Meanwhile, Buhari’s election victory in 2015, which marked the first time an opposition party won power at the ballot box and put an end to 16 years of PDP rule, came after he pledged to fix the economy, improve security and fight corruption.
While Buhari’s administration has raised record amounts of money in oversubscribed Eurobond sales and increased revenue to boost investments in roads, rail, ports and power, poverty remains widespread in Nigeria and the nation is still dealing with deadly violence in several regions.

To win the PDP ticket at the party’s primaries on October 5 and 6, Saraki would need to beat another presidential aspirant, former Vice President Atiku Abubakar, who also defected from the APC last year.

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TCN Allays Fear of Blackout over Labour Protest
Thu, 16 Aug 2018

Nigeria is not about to experience a potential nationwide electricity blackout on account of recent disturbances on the operations of the Transmission Company of Nigeria (TCN), the Managing Director of TCN, Mr. Usman Mohammed, assured Nigerians wednesday.

Mohammed gave this assurance in Abuja during an interaction with THISDAY on the recent protest by members of the Senior Staff Association of Electricity and Allied Companies (SSAEAC), as well as a momentary lockdown of TCN’s operation by the Federal Inland Revenue Services (FIRS) for alleged welfare complaints and tax evasion respectively.

He explained that both incidences would not affect the operations of the TCN, adding that the lockdown by the FIRS would have led to system collapse, if the company did not take it up immediately with the tax agency, which he claimed was wrong on its action.

In a related development, the Nigerian Electricity Regulatory Commission (NERC) denied being a stooge of the ministry of power or in connivance with operators in the power sector to the detriment of Nigerians.

Mohammed, explained the FIRS claimed the TCN was owing a tax debt of N30 billion to it, but that the agency was wrong because according to him, it calculated its taxes from revenues the TCN hadn’t earned from the sector as well as its legacy liabilities inherited from the defunct Power Holding Company of Nigeria (PHCN).

According to him, the FIRS didn’t meet with the TCN to reconcile the financial claims before locking down its premises even though the TCN wrote to it to inform that it had appointed a consultant to review the claims against it.

He said, “Taxes are actually calculated on the basis of revenue, but the reality is that in this power sector it doesn’t make sense because what we get as revenue in TCN is less than 40 per cent of our invoice as the Discos don’t collect revenues.

“One of the elements was the legacy liability and the second is the bogus calculation based on our revenue which is there but we cannot collect. This is the basis of their calculations

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N’Assembly Committees Begin Consideration of INEC Budget
Thu, 16 Aug 2018
To conclude report by Friday Deji Elumoye and James Emejo in Abuja The National Assembly Committees on Independent National Electoral Commission (INEC) yesterday began consideration of the electoral body’s budget for the 2019 general election, promising to conclude their report by Friday for the consideration of the leadership of the federal legislature. Both committees []The post N’Assembly Committees Begin Consideration of INEC Budget appeared first on THISDAYLIVE.
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MTN Secures N200bn Loan from 12 Nigerian Banks
Thu, 16 Aug 2018
Emma Okonji First Bank of Nigeria Limited wednesday led 12 local banks to sign a N200 billion loan facility for MTN Nigeria. The other banks involved in the deal are Union Bank of Nigeria Plc, Citibank, Diamond Bank Plc, Ecobank, Fidelity Bank Plc, First City Monument Bank,FSDH Merchant Bank, Rand Merchant Bank, Standard Chartered Bank, []The post MTN Secures N200bn Loan from 12 Nigerian Banks appeared first on THISDAYLIVE.
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Kaduna Assembly’s Speaker Declares Seats of Defected Members Vacant
Thu, 16 Aug 2018
John Shiklam in Kaduna The Speaker of the Kaduna State House of Assembly, Hon. Aminu Shagalinku, wednesday declared vacant the seats of the former Deputy Speaker of the assembly, Hon. John Audu Kwaturu, and another lawmaker, Junaid Yakubu, who defected from the All Progressives Congress (APC) to the Peoples Democratic Party (PDP). Kwaturu and Yakubu []The post Kaduna Assembly’s Speaker Declares Seats of Defected Members Vacant appeared first on THISDAYLIVE.
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APC Alerts INEC, Security Agencies on PDP’s Threat against Osun Election
Thu, 16 Aug 2018
Main opposition party insists on dismantling ruling party’s ‘rigging machinery’ ‘Says Buhari, APC wrecking Nigeria’s economy with N22tn debt Onyebuchi Ezigbo in Abuja The All Progressives Congress (APC) has drawn the attention of the Independent National Electoral Commission (INEC) and security agencies to an alleged open threat by the Peoples Democratic Party (PDP) to rig []The post APC Alerts INEC, Security Agencies on PDP’s Threat against Osun Election appeared f
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Envoy: India’s Investment in Nigeria Hits $10bn
Thu, 16 Aug 2018
Says Nigeria remains strategic partner Alex Enumah in Abuja The Indian High Commissioner to Nigeria, Nagabushana Reddy, has disclosed that the investment of Indian companies in the various sectors of the Nigerian economy has reached about $10 billion, noting that over 135 Indian companies currently operate in the country. Reddy, who also described Nigeria []The post Envoy: India’s Investment in Nigeria Hits $10bn appeared first on THISDAYLIVE.
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You Are too Old to Govern Nigeria, Tambuwal Tells Buhari
Thu, 16 Aug 2018
Says he is under pressure to run Mohammed Aminu in Sokoto Sokoto State Governor, Alhaji Aminu Tambuwal, wednesday stated that President Muhammadu Buhari is a man of integrity and impeccable character, but too old to steer the affairs of Nigeria. Addressing the various associations, students and youths, who paid him solidarity visit in Sokoto, the []The post You Are too Old to Govern Nigeria, Tambuwal Tells Buhari appeared first on THISDAYLIVE.
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FG to Disburse $124m CVFF to Nigerian Ship Owners in 2019
Thu, 16 Aug 2018
N50bn floating dockyard to save FG $1bn $195m maritime security contract not cancelled Eromosele Abiodun Following relentless agitation by the Nigerian ship owners that the federal government disburse the Cabotage Vessel Financing Fund (CVFF) in line with set down regulations, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, []The post FG to Disburse $124m CVFF to Nigerian Ship Owners in 2019 appeared first on THISDAYLIVE.
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Oil Price Slumps to $70 Per Barrel as US Crude Inventories Jump Unexpectedly
Thu, 16 Aug 2018
NNPC, Chinese consortium to finalise funding terms for 614km gas line Chineme Okafor in Abuja and Ejiofor Alike in Lagos with agency reports Crude oil prices dropped by more than $2 per barrel wednesday after data showed United States crude stockpiles jumped last week, compounding worries about a weaker global economic growth outlook. This is []The post Oil Price Slumps to $70 Per Barrel as US Crude Inventories Jump Unexpectedly appeared first on THISDAYLIVE.
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