Nigeria Newspapers: Today’s Punch Newspaper Headlines [15 October, 2018].

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Travel ban will hurt economy, says Atiku
Mon, 15 Oct 2018

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

President Muhammadu Buhari’s travel ban on 50 Nigerians over the Executive Order 6, on Sunday attracted more condemnations.

The Peoples Democratic Party and the Coalition of United Political Parties had on Sunday slammed Buhari for the executive order, saying it was meant to cow opposition members.

But more Nigerians and groups including the PDP presidential candidate, Atiku Abubakar, a human rights lawyer, Mr. Femi Falana (SAN), the Coalition for Nigeria Movement led by former President Olusegun Obasanjo and a civil society group, Access to Justice, on Sunday lambasted the President, describing his action as draconian, clearly arbitrary, repressive and illegal.[rml_read_more]

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Executive order’ll lead to capital flight, recession – Atiku

Atiku, in a statement by his media office in Abuja, warned that the Executive Order which was recently signed by Buhari would lead to capital flight and another recession.

He also said that the statement by the Presidency banning 50 unnamed Nigerians from travelling out of the country, purportedly on the strength of Executive Order 6, was undemocratic.

He described the travel ban as another form of intimidation ahead of the 2019 elections. Atiku said he abhorred any act of criminality, either financially or otherwise.

The presidential candidate, however, warned that the rule of law must be the guide at all times or society would descend into anarchy.

He said it was wrong for the President to act under a mere suspicion that the suspects were believed to have property overseas and were involved in tax dodging or other alleged financial infractions.
The statement partly read, “We must be unequivocal in saying that we abhor any act of criminality, financially or otherwise, but the rule of law must be our guide at all times or society will descend into anarchy.

“Thus, we find it most undemocratic that in a nation governed by the rule of law, a President who swore an oath to abide by the Constitution of the Federal Republic of Nigeria, does this.

“If past events are to be the judge, these 50 individuals will conveniently be critics and opponents of the Buhari administration.

“This is nothing short of intimidation ahead of the 2019 elections. This is what the Buhari administration did in Osun where they froze the accounts of the Adeleke family and then illegally and clandestinely paid N16.7bn to the Osun State Government to facilitate the daylight electoral robbery.”

The former Vice-President said “the Nigerian constitution guarantees every Nigerian citizen freedom of movement and freedom of association.”

This constitutional right, he added, could not be taken away except by a court order.

Atiku said, “If the Buhari administration wants to curtail the rights of Nigerians, then it must go to court and obtain a court order. Anything short of this is unconstitutional and extrajudicial.

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Fayose leaves Ekiti for Abuja, says he wont flee
Mon, 15 Oct 2018
Kamarudeen Ogundele and Peter Dada The outgoing Ekiti State Governor, Ayodele Fayose, left the state on Sunday amid hailing and emotional farewell from his admirers. He had earlier on Saturday embarked on a Thank you walk around major streets of Ado Ekiti, where he received accolades from traders, artisans and other residents of the state.
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Primaries: Aggrieved APC reps to decide next move after appeal panel decision
Mon, 15 Oct 2018
John Ameh, Abuja Many All Progressives Congress House of Representatives members who lost out at the recent primary election are to decide on their next line of action after the outcome of the appeal they entered before the partys appeal panel, The PUNCH learnt on Sunday Findings showed that some of the aggrieved lawmakers felt
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Accept Obi as Atikus running mate, Jonathan tells South-East PDP leaders
Mon, 15 Oct 2018
Oluwatosin Omojuyigbe Former President Goodluck Jonathan has pleaded with South-East leaders to accept the decision of Atiku Abubakar to choose Peter Obi as his running mate for the 2019 election. There have been protests from the South-East leaders of the Peoples Democratic Party over the choice of Obi as Atikus running mate. They complained of
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Debts: Nigeria has room to borrow more, says minister
Mon, 15 Oct 2018
Okechukwu Nnodim, Abuja Nigeria still has ample room to borrow more whenever it needs to do so, the Minister of Budget and National Planning, Senator Udo Udoma, has said. He explained that the country was not running any debt risk, adding that it had one of the lowest debt levels among its African peers. Nigeria
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NERC considers limiting estimated billing by power firms
Mon, 15 Oct 2018
Femi Asu As the outcry from electricity consumers over crazy bills continues to rage almost five years after the privatisation of the power sector, the Nigerian Electricity Regulatory Commission is considering putting limits on estimated billing. NERC noted that the issue of estimated billing had continued to constitute a major source of complaint by customers
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How to screen a tenant
Mon, 15 Oct 2018
Abiodun Doherty As a real estate investor or an intending investor, one of the most important form of real estate investment that you should consider is rental properties. This is a common real estate investment wealth creation vehicle that could be a blessing or a pain, depending on the type of tenants occupying your property.
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NCAA partially lifts ban on Ilorin aviation college
Mon, 15 Oct 2018
Maureen Ihua-Maduenyi The Nigerian Civil Aviation Authority has announced the partial lifting of the suspension placed on the International Aviation College, Ilorins Approved Training Organisation certificate. The regulatory agency stated on Sunday that the development had been conveyed to the college in a letter dated October 8, 2018, and signed by the Acting Director of
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Tips for secure online debit card usage
Mon, 15 Oct 2018
Feyisayo Popoola Your debit card makes it easy to use your bank account, and debit cards are accepted almost everywhere credit cards are accepted. But if you have the option to use a credit card, it is probably safer to use credit card, especially when shopping online. Here are tips from thebalance.com on how to
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Iluyomade tasks govt on improved health care
Mon, 15 Oct 2018
Yinka Badejo The Convener, Arise Women Conference, Pastor Siju Iluyomade, has called on the government to build more hospitals to meet the health care needs of the citizens. She lamented the decline in the quality of available health care and the dedication of the current crop of medical practitioners in the country. Iluyomade said this
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FG to review power firms performance next year
Mon, 15 Oct 2018
Everest Amaefule, Abuja The review of the performance of the electricity distribution companies carved out of the defunct Power Holding Company of Nigeria will take place before December 2019. The Director-General, Bureau of Public Enterprises, Mr Alex Okoh, disclosed this in a statement made available to our correspondent in Abuja on Sunday. Okoh said the
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Stable exchange rate best choice for Nigeria Emefiele
Mon, 15 Oct 2018
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said that maintaining stable exchange rate to avoid depreciation of the naira is better than building foreign reserve buffers. Emefiele told journalists on Sunday that this was part of the outcome of the Nigerian delegations meetings with investors and institutions at the International
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Innoson to EFCC: Follow due process in Chukwumas prosecution
Mon, 15 Oct 2018
Ihuoma Chiedozie, Enugu Innoson Group, the parent company of Innoson Motors Nigeria Limited, has said the Economic and Financial Crimes Commission should follow due process in prosecuting its chairman, Chief Innocent Chukwuma. The EFCC had, on Wednesday, vowed to arrest Chukwuma and make him face fraud charges in court. The EFCC spokesman, Mr Wilson Uwujaren,
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Contributory pension assets rise to N8.33tn
Mon, 15 Oct 2018
Nike Popoola The total assets under the Contributory Pension Scheme rose by N100bn from N8.23tn in June to N8.33tn at the end of August 2018. The acting Director General, National Pension Commission, Mrs Aisha Dahir-Umar, disclosed this during a retreat organised by the Pension Funds Operators Association of Nigeria for the Senate and House of
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Travel ban: Yoruba youths fault Buhari for excluding Omisore, Obanikoro
Mon, 15 Oct 2018
Femi Makinde, Osogbo The Yoruba Youth Socio-cultural Association has flayed President Muhammadu Buhari for excluding Senator Iyiola Omisore and Senator Musliu Obanikoro from the list of important personalities affected by the travel ban imposed by the administration. The group said this in a statement made available to our correspondent in Osogbo on Sunday by its
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Community engagement key to financial inclusion target LBS
Mon, 15 Oct 2018
Ozioma Ubabukoh One of the key findings of the Customer Segmentation study executed by the Lagos Business School is that broader community engagement, including with religious institutions and informal social groups, is essential to driving financial inclusion in Nigeria. Also identified is the need for unconventional approaches to onboarding financially excluded persons, such as the
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Town planners urged to solve urbanisation problems
Mon, 15 Oct 2018
Maureen Ihua-Maduenyi Members of the Association of Town Planning Consultants of Nigeria have been asked to help the government in finding lasting solutions to the challenges of urbanisation. According to the General Manager, Lagos State Urban Renewal Agency, Mr Lateef Sholebo, the challenges include slum generation, solid waste management, traffic congestion and inadequate housing, among
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No plan to get N10bn loan, says Ortom
Mon, 15 Oct 2018
John Charles, Makurdi The Benue State Governor, Samuel Ortom, has urged the people of the state and other Nigerians to disregard the report that the state government is seeking approval from the state assembly to enable it to access a N10bn loan. The social media had been awashed with the purported move by Ortom to
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Well address hitches in pension payment NASS
Mon, 15 Oct 2018
Nike Popoola The National Assembly has said that it will immediately wade into the pension challenges that Nigerian retirees are grappling with and ensure that the prolonged problems are solved. Some members of the house spoke during a retreat organised by the Pension Funds Operators Association of Nigeria for members of the National Assembly Joint
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Mikano unveils 25th anniversary sales promo
Mon, 15 Oct 2018
Ife Ogunfuwa Mikano International Limited says it is committed to the economic growth and development of the Nigeria and has enjoyed landmark achievements in its 25 years of operation in the country. Speaking at a press conference in Lagos, the Sales Director of the company, Mr Loukman Jouni, said Mikano had formed a partnership with
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SEC allays fears of stock market downturn
Mon, 15 Oct 2018
Feyisayo Popoola The acting Director General, Securities and Exchange Commission, Ms Mary Uduk, has assured investors in the capital market that there is nothing to fear regarding the performance of the market as the 2019 election approaches. Uduk was quoted in a statement as saying in response to questions from journalists on the sidelines of
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NCRIB recommends insurance for poverty alleviation
Mon, 15 Oct 2018
Nike Popoola The Nigerian Council of Registered Insurance Brokers has advocated insurance as a veritable antidote to the spread of poverty and enhancer of grassroots development, with an estimated 87 million Nigerians reportedly living in extreme poverty. In a statement, the President of the council, Mr Shola Tinubu, expressed displeasure at the recent report by
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Firm unveils new trucks for waste management
Mon, 15 Oct 2018
Maureen Ihua-Maduenyi The management of African Circle Pollution Management Limited has said that in a bid to fulfil its mandate as contained in the agreement it signed with the Federal Government, it has unveiled 16 new modern trucks for waste management. According to the firm, the trucks, which are fitted with the latest technology features,
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Well support Atiku to victory in 2019 Wike
Mon, 15 Oct 2018
Chukwudi Akasike, Port Harcourt Rivers State Governor, Nyesom Wike, has declared that he will wholeheartedly support the Peoples Democratic Party presidential candidate, Alhaji Atiku Abubakar, to electoral victory in 2019. Wike explained that though he promoted the candidature of Sokoto State Governor, Aminu Tambuwal, at the PDP convention, he had since accepted the choice of
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Go to court, Presidency tells critics of travel ban on 50 Nigerians
Mon, 15 Oct 2018
Olalekan Adetayo, Abuja The Presidency on Sunday advised those who are opposed to the decision of the Federal Government to place about 50 Nigerians being investigated for corruption on travel ban to go to court. The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, said this in an interview with our
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Buhari ll sweep South-East despite Obis nomination Nwosu
Mon, 15 Oct 2018
Chidiebube Okeoma, Owerri The governorship candidate of the All Progressives Congress in Imo State, Uche Nwosu, on Sunday said President Muhammadu Buhari would win massive votes in the South-East in 2019 despite the decision of the Peoples Democratic Party presidential candidate, Atiku Abubakar, to pick his running mate from the geopolitical zone. Nwosu, who spoke
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Is imposition of candidates by political parties healthy for the polity
Mon, 15 Oct 2018
It is not. We all know that the hallmark of internal democracy is that candidates should emerge from the process approved by the constitution of the party and the electoral law of our country. Anything outside that, which suggests that there have been some imposition, is definitely abnormal and does not create room for democracy
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Police to patrol Delta churches on Sundays
Mon, 15 Oct 2018
Ochei Matthew, Asaba The Delta State Police Command on Sunday said it had launched a special Sunday patrol squad to patrol churches and other flashpoints on Sundays to curb the activities of hoodlums in the state. Car thefts on church premises on Sundays have been on the rise in the state. Speaking on the development,
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Atiku/Obi ticket is PDPs finest choice Abaribe
Mon, 15 Oct 2018
Leke Baiyewu, Abuja The Chairman of the South-East Caucus at the Senate, Senator Enyinnaya Abaribe, has said the choice of a former Governor of Anambra State, Peter Obi, as the running mate to the presidential candidate of the Peoples Democratic Party, Atiku Abubakar, is the finest for the party. Abaribe, in a statement issued in
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Boko Haram used 43 children for suicide bombing in 2018 UN
Mon, 15 Oct 2018
Olaleye Aluko, Abuja The United Nations Office for the Coordination of Humanitarian Affairs has decried the ongoing insurgency and humanitarian crisis in the North-East of Nigeria, noting that the armed groups used 43 children for suicide bombing between January and June 2018. The UNOCHA stated this in its report for October 2018, adding that the
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2019: Dont intimidate voters, editors warn politicians, security agents
Mon, 15 Oct 2018
Theophilus Onojeghen, Warri Ahead of the 2019 general elections, the Nigerian Guild of Editors, on Sunday, warned politicians and security agencies in the country against intimidating voters at the polls. It urged them to allow the people to freely choose candidates of their choice. It also urged politicians to jettison the culture of winning at
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Leah Sharibu important than 2019 campaign, Christian group tells FG
Mon, 15 Oct 2018
Friday Olokor, Jos A socio-political organisation, the Coalition of Christian Groups for Good-Governance (Nigeria and the Diaspora), has called on the Federal Government to intensify its agitation for the release of Leah Sharibu, instead of the campaign for reelection in 2019. The CCGG regretted that several months after demanding her freedom and stoppage of the
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Army confirms killing of soldier by unknown persons in Edo
Mon, 15 Oct 2018
The Operation Delta Safe of the Nigerian Army has confirmed the killing of a soldier by yet to be identified persons at Ajakurama community, Ovia South West Local Government Area, in Edo. Maj. Ibrahim Abdullahi, Spokesperson of the troop, confirmed the incident in an interview with the News Agency of Nigeria (NAN), in Benin on
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Executive Order 6 not a political weapon Presidency
Mon, 15 Oct 2018
The Presidency says the Executive Order 6 is not a political weapon against the opposition, but a part of the revolutionary efforts to rid Nigeria of the menace of corruption. Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, stated this in a statement in Abuja on Sunday. The presidential
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Troops neutralise bandit, arrest informant in Kaduna State
Mon, 15 Oct 2018
The 1 Division Nigerian Army Kaduna, on Sunday said its troops neutralised armed bandit in Kidandan and arrested an informant at Doka-Rijana road both in Birnin Gawri and Kachia Local Government area in Kaduna State. The 1 Division, Deputy Director Army Public Relations, Col. Muhammad Dole disclosed this in a press statement issue in Kaduna
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Travel ban: Most cases predate Buharis administration Presidency
Mon, 15 Oct 2018
Olalekan Adetayo, Abuja The Presidency on Sunday explained that the cases of most of those affected by the travel ban on 50 prominent Nigerians started before the present administration. The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, explained this to journalists following the criticism that trailed his Saturday announcement of
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West African countries collaborate to interlink payment system
Mon, 15 Oct 2018
To make trading between African countries easier, West African countries have joined forces to interlink their payment system. The Director-General, West African Monetary Institute, Mrs. Ngozi Egbuna, made this known on Sunday in an interview with the News Agency of Nigeriaon the sideline of the IMF/WB Annual Meetings in Bali. She revealed that with funding
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BREAKING: Two soldiers die, 12 others injured in mine blasts Military
Mon, 15 Oct 2018
Two Nigerian soldiers were killed and nine others wounded in two separate mine blasts in the northeast where troops are battling Boko Haram extremists, military and militia sources said Sunday. The two incidents occurred on Saturday, a military officer told AFP. We lost two soldiers in the incidents. Nine others and three civilian vigilantes were
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Why I dont care about my travel ban Fani-Kayode
Mon, 15 Oct 2018
Eniola Akinkuotu, Abuja A former Minister of Aviation, Femi Fani-Kayode, says he is not moved by the decision of the Muhammadu Buhari-led government to bar him from travelling. Fani-Kayode said in a statement that his passport had been with the courts and the Economic and Financial Crimes Commission since 2008, thereby making it impossible for
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Libya uncovers 35 more bodies at mass grave
Mon, 15 Oct 2018
Emergency workers on Sunday uncovered another 35 bodies at a mass grave near Libyas Sirte, authorities said, taking to 110 the total number of remains retrieved from the site. The municipal council in the former jihadist stronghold of Sirte initially said 75 bodies had been found in an agricultural area some 15 kilometres (less than
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Saudi Arabia vows retaliation if punished over missing critic
Mon, 15 Oct 2018
Saudi Arabia warned Sunday it would retaliate against any sanctions imposed on the oil-rich kingdom over the disappearance of journalist Jamal Khashoggi, as the Riyadh stock market plunged on growing investor jitters. From tech tycoons to media giants, a host of Western companies are now distancing themselves from the Gulf state, imperilling Crown Prince Mohammed
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Buharis travel ban vs Nigerias constitutional order
Mon, 15 Oct 2018
Eze Onyekpere Laws, policies, rules and guidelines are made for specific purposes and to take care of certain challenges facing a society. They are made to suppress a mischief existing before their enactment to suppress the mischief and advance a remedy either to the society as a whole or to segments of it that
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Skye bank: Lucky depositors, disgruntled investors and beguiled public
Mon, 15 Oct 2018
Henry Boyo The business licence of erstwhile Skye Bank Plc was summarily revoked last month (precisely on Friday, September 21, 2018) by the Governor of the Central Bank of Nigeria, Godwin Emefiele The revocation came about two years after the financial regulator sacked the Skye Bank management in July 2016. That action followed the banks
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Criminalising vote-buying
Mon, 15 Oct 2018
Nigerian politicians and indeed the electorate have by default accepted vote-buying as the primary means of winning elections in the country. The act of vote-buying begins with the stakeholders in the political parties and ends with the electorate at the polling booth. Recently, the Independent National Electoral Commission placed a ban on the use of
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2019 elections: Restructuring is the issue
Mon, 15 Oct 2018
Punch Editorial Board Nigerians will go to the polls early next year to elect a president, governors, federal and state legislators, the sixth general election since 1999. At the last count, a host of candidates had picked up the presidential tickets of their respective political parties. With poverty, insecurity and despair pervasive, Nigerians should resolve
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I stole motorcycle for my girlfriends upkeep Suspect
Mon, 15 Oct 2018
Enyioha Opara, Minna A suspected motorcycle thief, Sharif Audu, has admitted to stealing a Bajaj motorcycle in order to raise money for his girlfriends upkeep. The 18-year-old was apprehended by a team of police detectives from Niger State Police Command after robbing one Yakubu Ndanusa of his motorcycle. Northern City News gathered that the suspect
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Stray bullet kills bystander as hoodlums attack Tambuwal in Sokoto
Mon, 15 Oct 2018
A bystander was feared killed by a police stray bullet on Saturday as hoodlums allegedly attacked Governor Aminu Tambuwals motorcade in Sokoto. The victim, identified as Imran Ahmad-Alkanci, was on his way home after visiting relations when he was shot. The 22-year-old was trying to board a commercial motorcycle when the bullet hit him. The
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Siblings in forex scam as 3,500 investors demand N2bn deposits
Mon, 15 Oct 2018
Samson Folarin The dream of no fewer than 3,500 people to make easy cash through forex trading has become a nightmare after they were defrauded of their money estimated at N2bn. PUNCH Metro learnt that the victims ideposited money in a binary options company, BTD Multi-Global Company. The company, established in 2015, reportedly promised 20
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Nude video: Landlords cry out over indiscriminate arrest
Mon, 15 Oct 2018
Femi Makinde, Osogbo Landlords at Oloja Ibala via Osunjela in the Atakumosa West Local Government Area of Osun State have called on the police to free three landlords arrested in connection with the release of the nude video of the Majority Leader of the Osun State House of Assembly, Mr Timothy Owoeye. The landlords, who
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