NIGERIA NEWSPAPERS: TODAY’S THISDAY NEWSPAPER HEADLINES [6TH SEPTEMBER, 2018].

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Thu, 06 Sep 2018

BUY OR SELL OLD AND NEW CARS, PARTS, CAR MATERIALS AS CAR MART NG LAUNCH IN NIGERIA

Contrary to the provision of Electoral Act 2010 as amended, which pegs individual and group contributions to election expenses of a candidate to N1million, a group, yesterday, bought the All Progressives Congress (APC) presidential nomination forms for President Muhammadu Buhari for a hefty N45.5 million.

The group, Nigeria Consolidation Ambassadors Network, led by its National Coordinator, Mr. Sanusi Musa, presented a symbolic cheque for the huge sum to the National Chairman, Mr. Adams Oshiomhole, at the party’s national secretariat in Abuja and picked up the forms on behalf of the president.

The group’s gesture, which was an apparent response to the president’s complaint that the forms were too expensive for him to purchase with his salary, may, however, turn sour as acceptance of the goodwill may land Buhari in trouble, THISDAY learnt last night.

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According to lawyers THISDAY contacted, the group’s gesture offends S91 (9) of the Electoral Act which states, “No individual or other entity shall donate more than one million naira (1,000,000) to any candidate.”

By this provision, the lawyers said, the group is in contravention of the electoral law, warning that if the president accepts the forms he would be liable to the punishment stipulated in S91 (10) (a) of the Act.
It states, “A candidate who knowingly acts in contravention of this section commits an offence and on convictions shall be liable – (a) in case of presidential election to a maximum fine of N1,000,000.00 or imprisonment of 12 months or both.”

Buhari was said to have complained loudly that the expression of interest (N5million) and nomination (N40million) fees for the party’s presidential ticket for the 2019 general election, were too high for him, stating that his salary could not sustain the burden.

Speaking at the form purchasing ceremony wednesday, Musa said he and his colleagues decided to raise the money to support the president and exhibit the enormous goodwill Buhari has with the people.

With the group’s purchase of the form, the president becomes the first aspirant in the party to obtain the ruling party’s presidential nomination form.

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THISDAY Editors Urge President to Reject Forms
Thu, 06 Sep 2018
For its clear abuse of law and repudiation of his avowed commitment to the fight against corruption and moral decadence, President Muhammadu Buhari must reject the N45.5 million All Progressives Congress (APC) presidential nomination forms bought for him yesterday by a shadowy group called Nigeria Consolidation Ambassadors Network. When the president was sworn in on []The post THISDAY Editors Urge President to Reject Forms appeared first on THISDAYLIVE.
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FEC Approves N6.07tn for Revamp of Health Sector
Thu, 06 Sep 2018
Grants additional N1.097bn for Abuja-Lokoja road Omololu Ogunmade in Abuja The Federal Executive Council (FEC) presided over by Vice-President Yemi Osinbajo, wednesday in Abuja approved whopping N6.07 trillion for a thorough and comprehensive revamp of the health sector. Briefing journalists at the end of the weekly Federal Executive Council (FEC) meeting in the State House, []The post FEC Approves N6.07tn for Revamp of Health Sector appeared first on THISDAYLIVE.
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PDP: Six APC Governors, 27 N’Assembly Members Talking to Us
Thu, 06 Sep 2018
Adedayo Akinwale in Abuja The ruling All Progressives Congress (APC) may soon be thrown into another turmoil as the Peoples Democratic Party (PDP) wedbesday claimed that it is concluding discussions with six state governors and 27 members of the National Assembly elected on the platform of APC ahead of their defection to the party. The []The post PDP: Six APC Governors, 27 NAssembly Members Talking to Us appeared first on THISDAYLIVE.
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Nigeria-China Trade Now $7.2 Billion, Says Envoy
Thu, 06 Sep 2018
Omololu Ogunmade in Abuja and Nume Ekeghe in Lagos The China Commercial Consular to Nigeria, Mr. Hongliang Gao, has put the present value of trade between Nigeria and China at $7.2 billion, making China the third largest trading partner with Nigeria. However, with the increased interest in investments and trade between both countries, the value []The post Nigeria-China Trade Now $7.2 Billion, Says Envoy appeared first on THISDAYLIVE.
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MPC Member Warns of Excess Banking Sector Liquidity
Thu, 06 Sep 2018
Obinna Chima A member of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), Dr. Mahmoud Isa-Dutse, has warned that the Nigerian banking system continues to harbour excessive liquidity with industry liquidity ratio far above the prescribed requirement. Specifically, Isa-Dutse put the average industry liquidity ratio as at June 30, 2018, at 46 per []The post MPC Member Warns of Excess Banking Sector Liquidity appeared first on THISDAYLIVE.
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Saraki Demands Probe of Police Raid on Clark’s House
Thu, 06 Sep 2018
Police apologise to Ijaw leader North Central PDP leaders meet Senate president Deji Elumoye and Alex Enumah in Abuja The Senate President, Dr. Bukola Saraki, has called on President Muhammadu Buhari to set up an investigative panel to probe last Tuesday’s police invasion of the Abuja residence of the elder statesman, Chief Edwin Clark. This []The post Saraki Demands Probe of Police Raid on Clark’s House appeared first on THISDAYLIVE.
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Cholera Outbreak Hits Borno
Thu, 06 Sep 2018
Borno State Government wednesday raised the alarm over an outbreak of cholera in the state. Briefing journalists, the state Commissioner for Health, Dr. Haruna Mshelia, said the eight samples sent for laboratory tests proved positive, indicating an outbreak of the disease in the state. He said though 14 persons have reportedly died in areas where []The post Cholera Outbreak Hits Borno appeared first on THISDAYLIVE.
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Kogi, Nasarawa, Ondo, Plateau APC Adopt Indirect Primary
Thu, 06 Sep 2018
Seriki Adinoyi in Jos, Yekini Jimoh in Lokoja, Emmanuel Ukumba in Lafia and James Sowole in Akure The Kogi, Nasarawa and Ondo States chapters of the All Progressive Congress, (APC) have adopted indirect primary for the selection of the party’s candidates in the 2019 elections. Also citing the security situation in Plateau State, the state []The post Kogi, Nasarawa, Ondo, Plateau APC Adopt Indirect Primary appeared first on THISDAYLIVE.
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2019: APC Has No Business Presenting Governorship Candidate in Rivers, Says Wike
Thu, 06 Sep 2018
Ernest Chinwo in Port Harcourt Rivers State Governor, Nyesom Wike, has declared that for the All Progressives Congress (APC) to even contemplate presenting a governorship candidate for the 2019 election in the state shows that something is fundamentally wrong with the party. Speaking in an interview at the Government House, Port Harcourt, wednesday, Wike stated []The post 2019: APC Has No Business Presenting Governorship Candidate in Rivers, Says Wike appeared first on THISDAYLIVE.
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Eaglets in Must-win Clash against Cote d’Ivoire
Thu, 06 Sep 2018
U-17 AFCON ZONAL QUALIFIER Nigeria’s Golden Eaglets will play their second game of the Under-17 AFCON zonal qualifier against Cote d’Ivoire this afternoon in Niamey, Niger Republic. The Manu Garba led Eaglets lost their first game to Burkina Faso 3-2 and must win today to stay alive in this qualifying tournament. Yesterday, hosts Niger were []The post Eaglets in Must-win Clash against Cote d’Ivoire appeared first on THISDAYLIVE.
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Serena in S’final Bruising Battle with Latvia’s Sevastova
Thu, 06 Sep 2018
US OPEN 2018 Nadal to play Argentine 3rd seed del Potro in Fridays s’final Serena Williams Tuesday night passed her toughest test so far at the 2018 US Open to beat Karolina Pliskova and reach the semi-finals for a ninth consecutive time. Williams today faces Latvias 19th seed Anastasija Sevastova, who knocked out American defending []The post Serena in S’final Bruising Battle with Latvia’s Sevastova appeared first on THISDAYLIVE.
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Osaka Beats Tsurenko to Reach Her First Grand Slam S’final
Thu, 06 Sep 2018
Naomi Osaka reached her first Grand Slam semi-final yesterday with a dominant victory over Ukrainian Lesia Tsurenko at the US Open. The 20-year-old dropped just two games winning 6-1 6-1 against her unseeded opponent in 58 minutes. She becomes the first Japanese woman to reach a Grand Slam semi-final since Kimiko Date at Wimbledon in []The post Osaka Beats Tsurenko to Reach Her First Grand Slam S’final appeared first on THISDAYLIVE.
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Europe’s Top Coaches Want Away Goal Rule Scrapped
Thu, 06 Sep 2018
*Call for uniform transfer window Europe’s leading managers have called for an end to the away goals rule, which has been a staple of UEFA’s competitions for over 50 years. The annual gathering of top coaches in Switzerland heard that top bosses want the rule scrapped, citing that football has moved on since it was []The post Europe’s Top Coaches Want Away Goal Rule Scrapped appeared first on THISDAYLIVE.
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BCN, USTDA Partner on Broadband for North-west Nigeria
Thu, 06 Sep 2018
The United States through the United States Trade and Development Agency (USTDA) is partnering Backbone Connectivity Network Limited of Nigeria to bridge broadband access gaps in the country, especially in the North-west zone of the country. The partnership is expected to touch on how cost-effective technology and infrastructure that could be deployed to accelerate and []The post BCN, USTDA Partner on Broadband for North-west Nigeria appeared first on THISDAYLIVE.
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Nigeria’s Exposure to Commercial Loans Rises by $7.3bn in 3 Years
Thu, 06 Sep 2018
Ndubuisi Francis in Abuja Nigerias exposure to commercial foreign loans rose by $7.3 billion or 486.67 per cent in the last three years, data from the Debt Management Office (NBS) has shown. From $1.5 billion as at June 30, 2015, commercial loans stood at $8.8 billion by June 30 2018. The nations foreign debt component []The post Nigerias Exposure to Commercial Loans Rises by $7.3bn in 3 Years appeared first on THISDAYLIVE.
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Sterling Bank Partners African Ventures
Thu, 06 Sep 2018
Nume Ekeghe Sterling Bank Plc has announced plan to partner with 500 indigenously promoted African enterprises, with a view to make 50 of them globally competitive in the next five years. The Group Head, Strategy and Innovation, Sterling Bank, Mr. Shina Atilola, who disclosed this while addressing participants at the African Ventures Programme hosted by []The post Sterling Bank Partners African Ventures appeared first on THISDAYLIVE.
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Automobile Firm Gives Out Car in Promo
Thu, 06 Sep 2018
Judith Obaze In its bid to make car ownership affordable and accessible, Throne Autos has given out a Toyota Corolla Car to a lucky winner in its promo. The Chairman, Auto Group, Mr. Olalekan Ilori, presented the winner to journalists at a media briefing held in Lagos. Ilori, who said due to the unpleasant experiences []The post Automobile Firm Gives Out Car in Promo appeared first on THISDAYLIVE.
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Stock Market Year-to- Date Decline Hits 10% as Bearish Sentiments Resurface
Thu, 06 Sep 2018
Goddy Egene The year-to-date (YtD) decline recorded by the stock market hit 10 per cent wednesday, following profit taking in bellwethers which depressed the Nigerian Stock Exchange All-Share Index (NSE ASI) by 1.5 per cent. The NSE ASI ended the day lower at 34,414.37, while market capitalisation shed N190.5 billion to close at N12.6 trillion. []The post Stock Market Year-to- Date Decline Hits 10% as Bearish Sentiments Resurface appeared first on THISDAYLIVE.
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Nigeria Lags Behind in Technology Innovation, Says MainOne CEO
Thu, 06 Sep 2018
Emma Okonji Nigeria has been described as a country lagging behind its peers in terms of technological innovation. The Chief Executive Officer of MainOne, Funke Opeke, made the disclosure, while presenting a paper, themed ‘The Role of Electronic Devices and Instrumentation in National Development,’ which she delivered at a public lecture of the Department of []The post Nigeria Lags Behind in Technology Innovation, Says MainOne CEO appeared first on THISDAYLIVE.
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