Nigerian Newspaper: Punch Headlines Today , Thursday 25 October, 2018.

Nigerian Newspaper: Punch Headlines Today , Thursday 25 October, 2018.

Read All Newspapers in one Place - Download our App for free. DOWNLOAD

I was deceived and defrauded by APC, defecting member cries out
Thu, 25 Oct 2018
The All Progressives Congress member of the House of Representatives, Mr Musa Soba, on Wednesday carried out his threat to leave the party by resigning his membership. Soba, who is from Kaduna State, is one of the over 70 aggrieved APC lawmakers, who protested their loss of return tickets but lost at the appeal panel
read more…

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

Ogun APC: Women threaten naked protest in Abuja over Akinlade
Thu, 25 Oct 2018
Samuel Awoyinfa, Abeokuta Scores of women who are members of the Ogun State chapter of the All Progressives Congress from the three senatorial districts of Ogun State, on Wednesday, trooped out on the streets of Abeokuta in protest against the result of the National Working Committee of the party on the governorship candidate of the
read more…

[BREAKING] Missing General: Police declare village head, seven others wanted
Thu, 25 Oct 2018
Friday Olokor, Jos One week after receiving 13 suspects from 3 Division of Nigerian Army in Rukuba Barracks, Jos the Plateau State Police Command, has declared eight suspects wanted in connection with the mysterious disappearance of a former Army Chief of Administration, Maj. General Mohammed Idris Alkali (retd). The suspects declared wanted included two panel
read more…

Ogun compensates landowners with N200m
Thu, 25 Oct 2018
Maureen Ihua-Maduenyi The Ogun State Government in collaboration with the Federal Medical Centre, Abeokuta, has paid N200m as compensation to communities whose lands were acquired to build the University of Medicine and Medical Sciences in Odeda Local Government area of the state. In a statement by the state government on Wednesday, the Senior Special Assistant
read more…

Read All Newspapers in one Place - Download our App for free. DOWNLOAD

Appeal Court voids arrest warrant issued against INEC chairman
Thu, 25 Oct 2018
Ade Adesomoju, Abuja The Abuja Division of the Court of Appeal has nullified the arrest warrant earlier issued by the Federal High Court in Abuja against the Chairman of the Independent National Electoral Commission, Prof. Mahmood Yakubu. Justice Stephen Pam of the Federal High Court had on August 1, 2018, ordered the police to arrest
read more…

How can hate speech be curbed in political campaigns
Thu, 25 Oct 2018
It is not easy to curb hate speech in political campaigns because of our political setting. Hate speech is seen by supporters, party members and even some candidates as part of the campaign. What they usually think is that in politics, all is fair. Until we stop seeing politics as a winner takes it all,
read more…

Insecurity: Senate flays executive for not implementing resolutions
Thu, 25 Oct 2018
Leke Baiyewu, Abuja The Senate has berated the executive arm of the Federal Government for not implementing resolutions passed by the legislature in its efforts to find lasting solutions to the security crises across the country. The upper chamber of the National Assembly, which spent over one hour during the plenary on Wednesday to discuss
read more…

Fayemi signs order to stop education taxes, teachers get N200m loan
Thu, 25 Oct 2018
Kamarudeen Ogundele, Ado Ekiti The Ekiti State Governor, Dr Kayode Fayemi, has signed an Executive Order banning various fees collected by some principals, headteachers and other school officials. He also approved N200m as car and housing loans for teachers in public schools in the state to boost their morale. The governor disclosed that the loans
read more…

FEC approves 2019-2021 MTEF, puts 2019 budget at N8.73tn
Thu, 25 Oct 2018
Olalekan Adetayo, Abuja The Federal Executive Council on Wednesday approved the 2019-2021 Medium-Term Expenditure Framework and Fiscal Strategy Paper. The council also approved the governments proposal of N8.73tn for the 2019 budget, which is N400bn lower than that of the current fiscal year. The decisions were taken at a meeting of the council presided over
read more…

Forex ban on rice, others lifted Nigeria out of recession Emefiele
Thu, 25 Oct 2018
Ifeanyi Onuba, Abuja The Central Bank of Nigeria on Wednesday said that its decision to restrict foreign exchange for importation of 41 items and other complementary policies were effective in bringing the countrys economy out of recession. It said the policy was well thought out as it assisted greatly in boosting the countrys foreign exchange
read more…

Nigeria has serious revenue problem Budget Office
Thu, 25 Oct 2018
Okechukwu Nnodim, Abuja Nigeria is currently facing a serious revenue problem, the Director of Budget in the Ministry of Budget and National Planning, Ben Akabueze, declared on Wednesday. Akabueze also revealed that the Nigerian National Petroleum Corporation was subsidising every litre of Premium Motor Spirit, popularly called petrol, consumed in the country by N53. He,
read more…

Dangote named sixth most charitable person in the world
Thu, 25 Oct 2018
The philanthropist gesture of the President of the Dangote Group, Aliko Dangote, was recognised and highlighted by Richtopia, a United Kingdom-based digital periodical that covers business, economic and financial news on Wednesday, as the richest man in Africa was named the sixth most charitable man in the world. Warren Buffett, Bill Gates and J.K Rowlings
read more…

Reps want looters of Nigeria Airways N60bn prosecuted
Thu, 25 Oct 2018
John Ameh, Abuja The House of Representatives on Wednesday called for the prosecution of persons who were indicted for looting the finances and property of the defunct Nigeria Airways. It recalled that the Justice Obiora Nwazota Commission of Inquiry set up by former President Olusegun Obasanjo in 2002 had found that officials looted up to
read more…

Nigeria must tackle insecurity for arbitration to grow Rhodes-Vivour
Thu, 25 Oct 2018
Mrs Adedoyin Rhodes-Vivour is the Chairman, Nigerian Branch of the Chartered Institute of Arbitrators, United Kingdom. In this interview with OLADIMEJI RAMON, she speaks on the gains of arbitration and other Alternative Dispute Resolution mechanisms in Nigeria Obsolete laws have been one of the factors limiting the growth of arbitration in Nigeria. How successful has
read more…

Nigeria, others lose $110bn yearly to food-borne diseases World Bank
Thu, 25 Oct 2018
Everest Amaefule, Abuja Nigeria and other low-income and middle-income countries across the world, especially in Africa and Asia, spend $110bn in lost productivity and medical expenses in treating illnesses arising from unsafe food, a World Bank report has disclosed. In a statement on the report made available to our correspondent in Abuja on Wednesday, the
read more…

FG to inaugurate 1.5MW power project in Lagos
Thu, 25 Oct 2018
Femi Asu An independent power project in Lagos with a capacity of 1.5 megawatts is set to be inaugurated by the Federal Government. The Sura Shopping Complex IPP, which was built by a private sector developer, Solad Power Holdings, was executed under the Federal Governments Energising Economies Initiative being implemented by the Rural Electrification Agency.
read more…

NIMASA targets zero accident in maritime sector
Thu, 25 Oct 2018
Anna Okon The Director General, Nigerian Maritime Administration and Safety Agency, Dr Dakuku Peterside, has urged players in the maritime sector especially enforcement officers to comply with safety rules that will eliminate marine accidents and other related issues that may arise from marine operational mishandling. The DG made this known in Lagos at the opening
read more…

Nigerians expect naira to appreciate, says CBN
Thu, 25 Oct 2018
Femi Asu The Central Bank of Nigeria has said majority of consumers surveyed by it expect the nations currency to appreciate in the next 12 months. The naira has depreciated to 306.55 to the United States dollar at the official market and 362/$1 at the parallel market. In its Consumer Expectations Survey Report for the
read more…

Discos, renewable energy firms sign MoU on mini-grids
Thu, 25 Oct 2018
Okechukwu Nnodim, Abuja Power distribution companies are entering into partnerships with renewable energy firms for the development of mini-grids to boost the supply of electricity in Nigeria. According to officials from the Rural Electrification Agency and stakeholders in the renewable energy space, already, they have signed memorandum of understanding for the execution of the project,
read more…

FG okays $1.5m loan for Lagos-Abidjan highway
Thu, 25 Oct 2018
Olalekan Adetayo, Abuja The Federal Executive Council on Wednesday approved the plan by the Federal Government to get $1.5m loan from the Africa Development Bank to be spent on the Lagos-Abidjan Expressway. The Minister of Finance, Zainab Ahmed, disclosed this to reporters at the end of the councils meeting presided over by President Muhammadu Buhari.
read more…

Nigeria, Japan trade volume hits $320m
Thu, 25 Oct 2018
Anna Okon The volume of trade between Nigeria and Japan has hit $320m, information from the Japan External Trade Organisation has revealed. The Trade Commissioner and Managing Director, Japan External Trade Organisation, Shigeyo Nishizawa, said on Wednesday that Nigerias import from his country in 2017 slightly decreased by 1.6 per cent to $320.8m, while export
read more…

Investors lose N288bn as stock market reverses gains
Thu, 25 Oct 2018
Feyisayo Popoola Investors in the equities market of the Nigerian Stock Exchange lost N288bn on Wednesday as the stock market reversed the gains it made earlier in the week. The market capitalisation of listed equities, which rose from N11.989tn on Friday to N12.033tn on Monday and N12.117tn on Tuesday, dropped by 2.38 per cent to
read more…

Solid minerals developmentll stimulate economic boom
Thu, 25 Oct 2018
Success Nwogu, Ilorin The Kwara State Governor, Alhaji Abdulfatah Ahmed, has said that the full development of the solid minerals subsector would elicit economic boom in Nigeria. He called for the full development of the abundant mineral and energy resources in the country. Ahmed, represented by his Senior Special Assistant on Solid Minerals, Alhaji Shehu
read more…

NPA restates commitment to security on waterways
Thu, 25 Oct 2018
Anna Okon The Managing Director, Nigerian Ports Authority, Hadiza Bala-Usman, has reiterated the determination of the management of the authority to collaborate with all stakeholders responsible for safeguarding the nations territorial waters within budgetary limits. She gave the assurance in Lagos when the new Flag Officer Commanding of the Western Naval Command, Real Admiral Obed
read more…

NOGASA moves to halt petroleum products adulteration
Thu, 25 Oct 2018
Okechukwu Nnodim, Abuja The Natural Oil and Gas Suppliers Association of Nigeria has declared its resolve to check the adulteration of petroleum products within its areas of operation. It has also directed its members to desist from patronising illegal petroleum products loading points, as it warned that culprits would face the consequences once apprehended. Speaking
read more…

Minister advises shipping operators on technology
Thu, 25 Oct 2018
Anna Okon The Minister of Transportation, Mr Rotimi Amaechi, has urged operators in shipping industry to embrace innovative technology, saying this is one way of ensuring a safer and more sustainable future for the industry. The minister made the declaration at the just concluded World Maritime Day hosted by the ministry and the International Maritime
read more…

Low electricity access worsening poverty in Nigeria NAEE
Thu, 25 Oct 2018
Okechukwu Nnodim, Abuja Poverty in Nigeria is being worsened by low access to electricity across the country, the Nigeria Association for Energy Economics has said. According to the NAEE, data obtained from the Trading Economics 2018 showed that over 40 per cent of Nigerians do not have access to electricity. It stated that comparatively, the
read more…

FG disburses N300m to 30,000 traders in Nasarawa
Thu, 25 Oct 2018
Umar Muhammed, Lafia As part of its efforts to alleviate poverty, the Federal Government, under its Government Enterprise and Empowerment Programme, has begun the disbursement of N300m loan facility to about 30,000 beneficiaries in Nasarawa State. The disbursement, which took place at the Lafia Ultra-modern Market, is expected to last for five days and is
read more…

Establishing an advertising agency
Thu, 25 Oct 2018
Ozioma Ubabukoh Since advertising agencies provide primarily services, rather than final products, a small ad agency can be a low-cost start-up. If you outsource graphic design, copywriting and production, you can reduce overhead even further. Then as your agency grows, you can bring some of the primary services that you use in-house. Before you start
read more…

Business opportunities in packaging convenience foods
Thu, 25 Oct 2018
Jennifer Abraham To state the obvious, Nigeria is soundly endowed with natural resources. Her natural resources include a vast population, oil, solid minerals including gemstones, and its climate permits the cultivation of a wide variety of crops both tropical and semi temperate. It has areas with desert features, coastal areas with swamps, tropical rain forest
read more…

Lack of access to finance, dangerous to economy
Thu, 25 Oct 2018
Eric Dumo The inability of many business owners to access loans and add value to the Nigerian economy has been described as dangerous for the country. Making the statement in Ibadan, Oyo State, during the opening of its new and seventh outlet around the Akobo area of the city, the Executive Director of FoodCo Nigeria
read more…

Court upholds seafood import ban to protect endangered fish
Thu, 25 Oct 2018
The United States Court of International Trade has denied the Trump administrations request to lift a ban on certain seafood imports caught with gillnets that kill the critically endangered vaquita porpoise. In July, the court ordered the government to ban such imports from Mexicos Gulf of California and this ruling upholds the earlier decision, according
read more…

Firm moves against fake electrical products
Thu, 25 Oct 2018
Oluwatosin Omojuyigbe A United Kingdom-based manufacturer of power protection devices company, Sollatek Limited, has embarked on a consumer sensitisation and anti-counterfeit programme for electrical/electronic products. The IP and Trademarks Rights Manager, Sollatek (UK) Ltd, Thierry Polet, stated that the exercise was in line with the companys buy original global campaign which would help customers identify
read more…

AfDB launches $500m credit insurance deal for Africa
Thu, 25 Oct 2018
Femi Asu The African Development Bank and African Trade Insurance Agency have announced the successful completion of a $500m credit insurance deal structured to cover a portion of the banks portfolio of non-sovereign operations in Africa. This transaction, according to a statement, is expected to have an important demonstration effect to encourage similar institutions to
read more…

NLC threatens to shut down Nigeria after Nov 6
Thu, 25 Oct 2018
Eniola Akinkuotu, Abuja The Nigeria Labour Congress has asked Nigerians to stock up on food as it will soon shut down the entire country. The NLC said this in a communiqu issued at the end of an emergency meeting of its National Executive Council in Abuja on Tuesday. In the communiqu signed by the President
read more…

Alleged forgery: British solicitor testifies against Obasanjos brother-in-law
Thu, 25 Oct 2018
Oluwatosin Omojuyigbe A British Solicitor, Charlene Cross, on Wednesday affirmed before the Lagos State Special Offences Court in Ikeja that John Abebe, brother to a former First Lady, the late Stella Obasanjo, forged parts of an oil contract. Cross, who was the in-house lawyer and Assistant General Manager Dispute Resolution Projects for BP Exploration in
read more…

Alleged N2.2bn fraud: Fayose gets N50m bail
Thu, 25 Oct 2018
Oladimeji Ramon The Federal High Court in Lagos has granted a N50m bail to the immediate-past Governor of Ekiti State, Mr Ayodele Fayose, who is facing N2.2bn fraud charges. Justice Mojisola Olatoregun, on Wednesday, granted Fayose bail with two sureties in like sum. The judge said one of the sureties is to sign a N50m
read more…

Obasanjo deserves respect, Yoruba youths tell Tinubu
Thu, 25 Oct 2018
Oladimeji Ramon The Yoruba Youth Forum has cautioned the national leader of the All Progressives Congress, Asiwaju Bola Tinubu, not to put the Yoruba nation on fire with his utterances, especially his alleged derogatory remarks about former President Olusegun Obasanjo. The youth said they took serious exception to Tinubus alleged description of Obasanjo as an
read more…

Secondus to EU: PDP has no confidence in INEC yet
Thu, 25 Oct 2018
Olusola Fabiyi, Abuja The National Chairman of the Peoples Democratic Party, Prince Uche Secondus, says the party does not have confidence in the activities of the Independent National Electoral Commission. Rather than reducing, he said that the lack of confidence in the commission was getting deeper. Speaking when he received a delegation of the European
read more…

Youre bad losers, APC tells Amosun, DG VON, others
Thu, 25 Oct 2018
John Alechenu, John Ameh and Leke Bayeiwu The All Progressives Congress has said the disapproval being expressed by some of its senior party officials over the partys primaries was a result of their failure to have their way during the exercise. The party said it was public knowledge that some of its highly placed members
read more…

Minister denies issuing ultimatum to Israel on Kanu
Thu, 25 Oct 2018
Olalekan Adetayo, Abuja The Minister of Information, Lai Mohammed, on Wednesday, said there was no truth in the reports suggesting that he issued an ultimatum to Israel to return the leader of the Indigenous People of Biafra, Nnamdi Kanu, to Nigeria. Mohammed made the clarification while answering questions from State House correspondents at the end
read more…

Defection threat: How Atiku, Secondus telephone calls pacified Ekweremadu
Thu, 25 Oct 2018
Olusola Fabiyi, Abuja Telephone calls made by the National Chairman of the Peoples Democratic Party, Prince Uche Secondus, and the presidential candidate of the party, Atiku Abubakar, to the Deputy President of the Senate, Senator Ike Ekweremadu, were said to have pacified Ekweremadu and made him drop his alleged threat to leave the party, The
read more…

Kaduna crisis: El-Rufai threatens traditional rulers with sanctions
Thu, 25 Oct 2018
Godwin Isenyo, Kaduna Governor Nasir El-Rufai of Kaduna State and traditional rulers met on Tuesday over Sundays unrest. El-Rufai vowed to enforce the various existing laws that impose costs on communities that permit violence in their midst in order to stem the intermittent crises in Kaduna State. He said during the meeting that various provisions
read more…

Senate confirms FCSC nominees
Thu, 25 Oct 2018
Leke Baiyewu, Abuja The Senate on Wednesday confirmed the appointment of the chairman and 12 commissioners of the Federal Civil Service Commission. The confirmation followed the recommendation of the Senate Committee on Establishment and Public Service, whose report on the nominees was adopted by the chamber in plenary. Buhari had nominated Dr Bello Ingawa (Katsina
read more…

Nobody will leave Nigeria for you, PDP tells Buhari
Thu, 25 Oct 2018
Olusola Fabiyi, Abuja The Peoples Democratic Party has condemned President Muhammadu Buharis statement in which he said Nigerians who feel they have another country may choose to go. The PDP described the statement as unpresidential, defeatist and characteristic of what it called failed leadership. With the statement, the party said the President spoke like someone
read more…

Mental health challenges facing the modern African male
Thu, 25 Oct 2018
Adeoye Oyewole The term man is usually reserved for an adult male of the human species, while manhood is used to describe the period after he has transitioned from boyhood, having attained secondary male sexual characteristics that symbolise his coming of age and assumes the responsibilities accruable to that status. Masculinity may vary in different
read more…

Osun asks residents to monitor govt projects
Thu, 25 Oct 2018
Femi Makinde, Osogbo The Osun State Government has asked the citizens of the state to begin to monitor government projects to prevent contractors from shortchanging the government or doing shoddy jobs. The Commissioner for Economic Planning, Budget and Development, Dr Olalekan Yinusa, gave the charge at the validation meeting of the states 10-year development plan
read more…

Its unethical to take money from counsel Sacked judge
Thu, 25 Oct 2018
Oluwatosin Omojuyigbe The Lagos State Special Offences Court in Ikeja on Tuesday admitted in evidence the confessional statement allegedly made by a dismissed judge, Justice Mohammed Yunusa, who is facing corruption charges. The Economic and Financial Crimes Commission tendered the alleged confessional statement in a bid to prove the five counts of corruption it filed
read more…

NANNM decries shortage of nurses, midwives in Nigeria
Thu, 25 Oct 2018
Eric Dumo The National Association of Nigerian Nurses and Midwives has called on government, at all levels, to recruit more nurses and midwives in order to curb maternal and child mortality in the country. The group also urged authorities to employ competent persons in the nations health sector so as to avoid needless deaths and
read more…