Nigeria Newspapers: Today’s The Nation Newspaper Headlines [17 September, 2018].

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Lagos requires change for progress, says Sanwo-Olu
Mon, 17 Sep 2018

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Lagos State All Progressives Congress (APC) governorship aspirant Jide Sanwo-Olu yesterday announced his bid for the job. He called for “change for progress” in the Centre of Excellence.

He told the cheering crowd at the historic City Hall in the heart of Lagos Island that the time to take the state to a greater level had come.

He urged party faithful to vote for him at the September 25 direct primary, saying that he will not disappoint the platform as a loyal, committed, tested and trusted member.

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The former Commissioner for Establishment, Training and Pensions spoke on his vision for Lagos. He promised to pursue the party’s welfarist programmes, which he said were implemented by former Governor Bola Tinubu and his successor, Mr. Babatunde Fashola (SAN).

Describing himself as a “capable, competent and tested hand to make Lagos greater”, Sanwo-Olu promised to remain loyal to the platform, if elected governor.

He said: “I declare that, I, Babajide Olusola Sanwo-Olu shall be a true party man in the real definition of the word by running an inclusive government, according to the ideology of the APC and the long-term benefits of the great citizens of Lagos State. Loyalty is the currency of politics. I shall be loyal to the people of Lagos State, the organs and the leadership of the party.

“I call on party members and citizens to join me to elevate our State in all facets of human endeavour through improvement, enlightenment and development.”

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BoI, Chinas Exim Bank sign $500m MoU
Mon, 17 Sep 2018
A $500 million financing support agreement has been signed by the Bank of Industry (BoI), the Development Finance Institution (DFI) and the Export-Import Bank of China (CEXIM).The Memorandum of Understanding (MoU) was signed in China, BoIs Managing Director/Chief Executive Officer Olukayode Pitan said yesterday.The partnership has an enormous job-creation potential, Pitan said, adding: This is a partnership that will provide a credit line of up to $500 million towards the establishment of modula
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NEMA gets N3b as floods continue
Mon, 17 Sep 2018
Floods ravage Bayelsa communitiesSome coastal communities in Bayelsa State have been submerged by floods, Commissioner for Information and Orientation Daniel Iworiso-Markson said yesterday.The commissioner, who spoke to reporters in Yenagoa, said the communities affected by the flood were increasing daily, insisting the state is in dire need of support from the Federal Government.Iworiso-Markson decried delay in the release of fund to contain the floods since 2012, saying it would have helped to
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Alleged N4.685b ONSA fraud: EFCC watch-lists Fayose
Mon, 17 Sep 2018
EKITI State Governor Ayodele Fayose is on the watch-list of security agencies about four weeks to the end of his tenure.Economic and Financial Crimes Commission (EFCC) detectives want to question Fayose over his alleged involvement in a N4.685billion fraud in the Office of National Security Adviser (ONSA), The Nation has learnt.About N4.685 billon was transferred by ONSA to Sylva McNamara Limited, a company linked with a former Minister of State for Defence, Mr. Musiliu Obanikoro.Of the cash, a
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2019 polls: Dont return thieves to power, APC warns
Mon, 17 Sep 2018
THOSE ganging up to unseat the President Muhammadu Buhari-led All Progressives Congress (APC) government ruined the nations economy, the ruling party has said.It alerted Nigerians to be wary of those deploying what it called stolen commonwealth to fund their political activities to stage a comeback to power.In a statement yesterday by the partys spokesman, Yekini Nabena, the party warned that such persons were regrouping to use the stolen funds to subvert the will of the people through vote buyi
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Army tightens noose on Boko Haram terrorists, says Buratai
Mon, 17 Sep 2018
DESPITE the pocket of attacks by remnant of Boko Haram terrorists in some parts of Borno State, the army is tightening the noose on them, Chief of Army Staff (COAS) Lt.-Gen. Tukur Buratai said yesterday.The COAS urged Nigerians and people of the region not to panic as those attacks do not signal resurgence of insurgency as being insinuated in some quarters.He spoke with reporters at Mongunu after he monitored and coordinated onslaught against the insurgents locked in between troops locations in
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Over a billion accounts hacked since 2017
Mon, 17 Sep 2018
MORE than a billion emails and other online accounts were hacked between 2017 and this year, cyber security experts said at the weekend.The experts also disclosed that N2.1 billion was lost to cyber fraud in 2016 and N1.69 billion last year.They spoke at the unveiling of an application, Online Wisdom invented by Good Life (GL) Technologies Limited.The application, among other things, will protect pupils and children from cyber criminals and other vices online.According to the firms Managing Dire
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Amaechi to Abe: I am not your leader
Mon, 17 Sep 2018
GOING by a statement credited yesterday to Transportation Minister Rotimi Amaechi, the crisis rocking the Rivers State chapter of the All Progressives Congress (APC) may not be over yet.The minister and leader of the APC in the Southsouth state has disowned Senator Magnus Abe, who is jostling for the partys governorship ticket.Last week, Abe acknowledged Amaechi as his leader. But the minister said the senators actions were targeted at weakening and destroying the party.Amaechi, in a statement i
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NLC urges MTN to pay $10b fine
Mon, 17 Sep 2018
The Nigeria Labour Congress (NLC) has urged communication giant MTN Nigeria to comply with the directive of the Federal Government to pay the over $10 billion as tax arrears and illegal repatriation.Mr Ayuba Wabba, NLC president, in a statement yesterday in Abuja, said: This is as well as the $8.13 billion illegally repatriated to South Africa over which four indigenous banks have been fined.We similarly urge the Federal Government to spare no effort in recovering this money as anything to the c
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Alleged $8.4m fraud: Oil marketers, firms to be arraigned
Mon, 17 Sep 2018
Two oil marketers, Yusuf Kwande and Osahon Asemota and five companies have been charged before Justice Mojisola Dada of an Ikeja Special Offences Court for alleged $8.4million fraud.Charged with the two are five companies, namely Trafigura Beheer BV, Trafigura PTE Ltd, Mettle Energy and Gas Ltd, Renbrandt Ltd and Jil Engineering and Oil Services Ltd.They are to be arraigned on a three-count charge of conspiracy to commit felony, stealing and receiving stolen property.The prosecuting counsel, Mr.
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Amosun battles four for Ogun Central seat
Mon, 17 Sep 2018
The race for Ogun Central senatorial seat has taken a new dimension, as Governor Ibikunle Amosun, Dr. Femi Majekodunmi, Mrs. Titi Oseni-Gomez and incumbent Senator Lanre Tejuoso get set for what promises to be a crucial battle. Correspondent ERNEST NWOKOLO, who has been monitoring the situation, reports. THE race for Ogun Central senatorial seat has never generated so much interest. The expression of interest of Governor Ibikunle Amosun for the seat has raised the stakes in the battle. But, Dr.
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Uba brothers, Bianca, others jostle for Anambra South Senatorial district
Mon, 17 Sep 2018
Chief Chris Uba of the Peoples Democratic Party (PDP) has joined the race to the red chamberfor the Anambra South Senatorial district election in 2019.The News Agency of Nigeria (NAN) reports that Uba is contending the seat with his elder brother and serving senator, Andy as well as Mrs Bianca Ojukwu, widow of the Ikemba Nnewi, Chief Odumegwu Ojukwu and others under different political platforms.NAN reports that while Chris is contesting the seat under the platform of the PDP, his brother, Andy
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2019: Time for N/Central zone to produce president, says Saraki
Mon, 17 Sep 2018
Dr Bukola Saraki, President of the Senate and presidential aspirant on the Peoples Democratic Party (PDP) platform, says the North Central deserves a chance come 2019.Saraki made the statement while addressing party faithful and supporters in Jos on Sunday.He said that the North Central had worked hard for the country and had remained loyal in spite of the seeming division in the country.This is our time in the North Central; this is our chance.We have worked hard for this country; we have labou
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Fayose asks DMO, banks to publish Ekiti debt profile
Mon, 17 Sep 2018
Ekiti State Governor Ayo Fayose has challenged the Debt Management Office (DMO), commercial banks and All Progressives Congress (APC) to publish any debt he owes since coming to power.Contrary to the claims of the opposition,Fayose insisted that he has not committed the state to any debt by means of bond from capital market or loans from commercial banks.Speaking with reporters on Sunday at the Governors Office, Ado Ekiti, Fayose justified the purchase of a N75 million Lexus Sport Utility Vehicl
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Amaechi to Abe: I am not your leader
Mon, 17 Sep 2018
The Minister of Transportation and Leader of the All Progressives Congress (APC) in Rivers State, Rotimi Amaechi has disowned Senator Magnus Abe.Amaechi also said Abes actions are targeted at weakening and destroying the party.Amaechi in a statement in Abuja on Sunday by his media office, said Abe cannot refer to him (Amaechi) as a leader when he publicly insults him, his wife and others.The Senator representing Rivers South-East in the National Assembly had last week, at the APC National Secret
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Adamawa: Ex- SGF, Aisha Buharis brother, Ribadu, insist on direct primary
Mon, 17 Sep 2018
Stakeholders, governorship aspirants and statutory delegates of the All Progressives Congress (APC) in Adamawa State led by former Secretary to the Government of the Federation, Engr. Babachir Lawal have warned that any attempt to foist the indirect primary option on the party in the state may cause the party the 2019 governorship election.The stakeholders including Dr. Mahmud Halilu, believed to be brother to the Wife of President Muhammadu Buhari and former EFCC Chairman, Mallam Nuhu Ribadu to
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Lights Camera Africa film festival to hold 8th edition
Mon, 17 Sep 2018
All is set for the 8th annual Lights Camera Africa Film Festival holding from Friday 28th to Sunday 30th September, 2018 at the Agip Hall, MUSON Center, Lagos.The three-day event which has as its theme, Who Do You Think You Are’ is a free-to-attend festival.According to the Festival Director, Ugoma Adegoke, the event which features curated African and independent cinema will focus on the politics of ethnicity and identity as well as protest and resistance.The festival will focus on growing
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Davido campaigns for uncle in Osun, drops single
Mon, 17 Sep 2018
Hip hop star Davido has locked down Ede, Osun State to campaign for his uncle, Senator Ademola Adeleke, who is running for the post of Osun State governor.Already famed as the dancing senator, Davidos uncle is coming out under the Peoples Democratic Party, PDP, but faces stiff opposition from the All Progressives Congress.Davio, who cancelled his US tour because of Hurricane Florence was in Ede, the Adelekes hometown for the campaign which saw a large turnout of people.Wearing the orange-coloure
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Gospel singer drops We Believe
Mon, 17 Sep 2018
Contemporary gospel singer Anu Akinlagun, aka, Anubewaji, has dropped her first single titled, We Believe.Akinlagun, a worship leader and speaker, said that the four minute song which was produced by Wole Oni, speaks about hope and faith in God and in His capacity to do all that He has spoken.According to her, every believers declaration should be I believe, because the scripture says if thou can believe all things are possible.She added that the inspiration of the song came as a result of her p
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Scream My Name video gulped N10m EmPrince
Mon, 17 Sep 2018
Oluwaseun Emitomo better known as EmPrince who recently hit the news waves with the release of his trending song Scream My Name is bent on making his mark in the booming music industry in Nigeria.The Nigerian British-based international Afro-beat artiste revealed that the song which caught attention like wildfire in harmattan is set to hit screens with a crisp cut visual said to have gulped a whooping N10,000, 000 (21,300) to shoot.The talented artiste says, I spared nothing to shoot one of the
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9mobile Photography Competition calls for entries
Mon, 17 Sep 2018
Telecommunication company, 9mobile has called for entries for the 2018 edition of 9mobile Photography Competition. According to the company, submission of entries will commence today, September 17 and will run until October 31, 2018.With the theme of the competition this year being 9ja: My Grind, My Hustle in celebration of individuals that labour daily to make ends meet, those who appreciate the importance of hard work, and have a drive for success and fulfilment. Interested participants are to
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Tope Alabi, Mike Abdul others for Iseoluwa Live in concert
Mon, 17 Sep 2018
Gospel musicians, Tope Alabi, Mike Abdul of the Midnight Crew, Adeolu Omooba, Odunayo Aboderin and new kid sensation, Feranmi Sax, will on Sunday, September 30, 2018 perform at the second edition of Iseoluwa Live in concert. Other notable singers to minister at the gospel gig are Chioma Jesus, Wole Oni, Femi Okunuga, Funmilade, and the fearless one Tim Godfrey.Dubbed Unbreakable, the concert is scheduled to hold at the Redeemed Christian Church of God (RCCG) Jesus Embassy Parish, VGC, Lekki Lago
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Mini-grid market has $8b yearly revenue potential, says report
Mon, 17 Sep 2018
The mini-grid market offers revenue opportunity of $8 billion yearly, a report by Rural Electrification Agency and Rocky Mountain Institute, has said.The report, which highlighted Nigerias potential as the biggest and most attractive off-grid opportunity in Africa, said installing several hundred mini-grids could reduce costs by about 60 per cent in 2020.It also said by reducing cost, mini-grids could increase yearly revenue by $5 billion and unlock a large rapidly-expanding market.The report, w
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AfDB releases new tool to assess resilience, fragility in countries
Mon, 17 Sep 2018
African 1Development Bank (AfDB) has created a tool to tackle fragility in countries, taking into account their capacities and pressure.The tool, known as Country Resilience and Fragility Assessment (CRFA), uses seven key criteria: political inclusiveness, safety and security, justice, the economy, social cohesion, the regional contagion effect, and climate change.The creation of the CRFA represents a significant advance in the assessment of fragility, which is a reality that it is not always ea
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Court stops NAICOM from implementing new recapitalisation policy
Mon, 17 Sep 2018
A Federal High Court in Lagos has stopped the National Insurance Commission (NAICOM) from implementing its Tier-Based Minimum Solvency Capital (TBMSC) policy.Justice Muslim Sule Hassan gave the order, restraining the Commission until the expiration of 30-day pre-action notice.The suit was filed by Sir Nnamdi Nwosu and seven others against the Commssion on September 6.Justice Hassan adjourned the hearing on the main action to October 8.Counsel to the plaintiffs are B. C. Igwilo (SAN) and Chuks Nw
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Govts pension liability hits N67b
Mon, 17 Sep 2018
THE Federal Governments liability on accrued pension to its employees has risen to about N67 billion, the Head, Research and Corporate Strategy, National Pension Commission (PenCom), Dr. Farouk Aminu, has said.He spoke at a retreat organised by Pension Fund Operators Association of Nigeria (PenOp) for reporters in Lagos at the weekend.Farouk said the Commissions inability to pay the pensions of the Federal Governments retirees started from January 2014 when PenComs budget was cut. He said the la
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FBNInsurance promotes literacy among children
Mon, 17 Sep 2018
In celebration of the International Literacy Day and in line with the FBNHoldings Group Corporate Responsibility and Sustainability initiatives, FBNInsurance has supported back-to-school kits to needy children in Lagos.At an event organised by a non-governmental organisation, Jakin NGO, 500 school children from various homes and hospices got free school bags, uniforms, notebooks, sandals and socks, among others.Jakin NGO covnvener, Bukola Adebiyi, expressed gratitude to the management of FBNInsu
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Mutual Benefits closes N2b rights issue
Mon, 17 Sep 2018
ApplicationS for the N2 billion rights issue by Mutual Benefits Assurance Plc closed at the weekend.Receiving agents are expected to collate and submit subscriptions to the offer within the next two weeks.Mutual Benefits Assurance offered four billion ordinary shares of 50 kobo each to existing shareholders at 50 kobo per share. The rights issue was provisionally allotted on the basis of one new ordinary share of 50 kobo each for every two ordinary shares held as at the close of business on Nove
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UBA, FBN General, STI, others to sponsor confab
Mon, 17 Sep 2018
United Bank for Africa (UBA Plc), FBN General Insurance and Sovereign Trust Insurance are among sponsors of the inaugural Lagos State Petroleum Marketers Safety Conference slated for September 18 to 20.The event, being coordinated by an industry Safety consultant, Bendeb Sylmar Associates, in collaboration with Lagos State Safety Commission, is aimed at gathering industry experts, regulators and government to a roundtable to discuss how to enhance productivity in handling petroleum productsThe c
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Indigenous firms will take over construction in 15 years
Mon, 17 Sep 2018
The construction sector will be dominated by indigenous building and civil engineering firms in about 15 years time, the Managing Director, ITB Nigeria Limited, Ramzi Chidiac, has said..He said going by the spate of construction being undertaken by indigenous firms, the sector would be dominated by local firms in about a decade and half.In 15 years, the influence of foreign firms would have waned tremendously. Nigerian firms would have taken over. Foreign construction firms would only be reduced
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Air carriers advised to embrace African market
Mon, 17 Sep 2018
Nigerian carriers have been advised to take advantage of the Single African Air Transport Market (SAATM) to expand their operations across the continent.The global airlines regulator International Air Transport Association (IATA) said this would be of advantage to Nigerian carriers, to deepen the operational market by flying into more than 40 countries.Besides, flight to scores of countries, IATA said, would create a window for Nigerian carriers to foster cooperation among carriers on the contin
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Professionals Forum holds
Mon, 17 Sep 2018
All is set for the Insurance Professionals Forum scheduled for September 19 to 22 in Abeokuta, the Ogun State capital.The event, being organised by the Chartered Insurance Institute of Nigeria (CIIN), has as theme, The insurance industry: Beyond limits.A statement by the organising committee said: At this years forum seasoned professionals will be doing justice to topics, which include Market development and expectations from insurance stakeholders; The insurance industry vision, barriers and in
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Why More States, LGAs Must Implement TSA
Mon, 17 Sep 2018
Today, hardly anyone is in doubt that the Treasury Single Account (TSA) is the most impact fiscal initiative of any government that has ever ruled Nigeria. At the federal level and for a number of forward-thinking states that have implemented it to the letter, the TSA has been instrumental in improving accountability, boosting revenue collection and giving the government a firm control over its spending.Prior to its full implementation about three years ago, our major challenge as a nation was m
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Africa-Chinas debt diplomacy
Mon, 17 Sep 2018
Loans have been used as weapon of underdevelopment of Africa by the International Monetary Fund (IMF) and World Bank. Loans from China are irresistible because they come with less strings attached on matters such as governance, democracy or human rights. Bureaucrats too can easily get a cut without much accountability. Yet, the loans are like a Trojan horse. Its consequences will be far-reaching.While the British expanded the empire through conquest, China understands a subtle approach, which is
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