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Nigeria Newspapers: Today’s Punch Newspaper Headlines [11 October, 2018].

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Primaries: Reps on a collision course with IG over colleagues detention
Thu, 11 Oct 2018

The House of Representatives gave the Inspector-General of Police, Mr Ibrahim Idris, up to midnight of Wednesday (last night) to release its detained member, Mr Abubakar Lado, or risked being summoned to appear before the lawmakers.

The House passed the resolution in Abuja as members protested the detention of Lado in Abuja by the Federal Special Anti-Robbery Squad.

The Niger State member of the All Progressives Congress was said to have been arrested in Suleja and whisked to Abuja following disagreements over the conduct of the House of Representatives primaries in the state.

Supporters of Lado and another co-contestant reportedly fought, after which the member was taken to Abuja and detained by the F-SARS three days ago.

The other contestant was said to have been set free, while the lawmaker remained in detention on the “orders of the state governor.”

The resolution, passed at the session presided over by the Speaker, Mr Yakubu Dogara, read, “If the F-SARS fails to release Lado before 12midnight, the IG will be summoned to appear before the House.”

The Chairman, House Committee on Works, Mr Toby Okechukwu, had brought Lado’s plight before members under matters of urgent public importance.

Okechukwu narrated how the F-SARS operatives rebuffed efforts made so far by the leadership of the House to secure the release of the member under the guise that only Governor Abubakar Bello could set him free.

“His detention is illegal and a breach of the Legislative Houses (Powers and Privileges) Act.

“The police must release him now since no offence linked to robbery, which is the duty of SARS, has been established against him,” Okechukwu stated.

The Leader of the House, Mr Femi Gbajabiamila, narrated how he visited Lado to find out what really led to his arrest and got no concrete information on any criminal act committed by the lawmaker.

He added, “From what we gathered, it was just a case of two people fighting and cars and other property were vandalised. We were told the only person who could order his release was the governor. We asked the police why the other person was not detained and we got no answers.

“That is why an invitation must go to the IG. Let him come and explain to Nigerians why the police detained one person for three days while the other person walks about freely.

“Lado was a contestant in the primaries and we can see that the real plan was to detain him and prevent his participation in the primaries, which he could have emerged as the winner.”

Several other members, including the Chairman, House Committee on Human Rights, Mr Edward Pwajok, chairman, House Committee on Foreign Relations, Ms Nnenna Ukeje, and the chairman, House Committee on Ethics/Privileges, Mr Nicholas Ossai, condemned the detention.

The development came as Dogara told members that he was aware the primaries in some states were marred by “impunity,” a reason he said many members lost their re-election bid.

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APC, PDP senators unite, give Buharis polls budget speedy passage
Thu, 11 Oct 2018
Leke Baiyewu, Abuja Less than 24 hours after the warring All Progressives Congress and Peoples Democratic Partys senators reached a truce, President Muhammadu Buharis requests for the 2019 polls budget and borrowing plans enjoyed accelerated consideration in the upper chamber on Wednesday. The lawmakers had resumed from their annual recess on Tuesday to suspend the
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Zamfara: APC dares INEC, vows to present candidates for 2019 polls as PDP, ADC, CD, SDP, others back commission
Thu, 11 Oct 2018
John Alechenu, Olusola Fabiyi, Eniola Akinkuotu and Olaleye Aluko The Independent National Electoral Commission and the All Progressives Congress on Wednesday clashed over the primaries of the APC in Zamfara State. INEC had, in a letter, said that it would not allow the APC to field candidates in any election in Zamfara State except for
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Aisha Buharis brother, Ahmed, wants Adamawa APC gov primary cancelled
Thu, 11 Oct 2018
John Alechenu, Abuja An aspirant in the recently concluded Adamawa State All Progressives Congress governorship primary, Alhaji Mahmood Ahmed, has appealed to the leadership of the party to nullify the election and disqualify the purported winner, Governor Jibrilla Bindow. Ahmed sent a petition to the APC Governorship and National Assembly Appeals Committee before Tuesdays deadline
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YPN presidential aspirant says zoning system designed to fail
Thu, 11 Oct 2018
Yinka Badejo The 50-year-old presidential aspirant on the platform of Youth Party of Nigeria, Mr Rex Adebanjo, has said the federal zoning system employed to select candidates for the presidential role is designed to fail. Adebanjo said this in Lagos, on Tuesday during a media parley where he outlined his campaign agenda for the 2019
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APC not jittery over Atiku, says gov forum
Thu, 11 Oct 2018
Olalekan Adetayo, Abuja The Chairman, Progressives Governors Forum, Rochas Okorocha, on Wednesday, said the ruling All Progressives Congress was not jittery over the emergence of former Vice-President Atiku Abubakar as the presidential candidate of opposition Peoples Democratic Party. He said with the primaries over, the APC would soon embark on reconciliation to appease those who
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Tinubu carpets Afeniferes Odumakin over grazing reserve comment
Thu, 11 Oct 2018
Oladimeji Ramon The national leader of the All Progressives Congress, Asiwaju Bola Tinubu, on Wednesday, came after Afeniferes spokesman, Yinka Odumakin, for criticising his (Tinubus) suggestion that the Federal Government should take over unoccupied and isolated land in the country and convert them to grazing reserves as a solution to the incessant clashes between farmers
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Waltersmith begins construction of 5,000bpd refinery
Thu, 11 Oct 2018
Gibson Achonu, Owerri Waltersmith Refining and Petrochemical Company Limited has expressed its readiness to contribute about 271 million litres of refined products annually towards the development of Nigerias economy. The Chairman and Chief Executive Officer, Waltersmith Petroman Oil Limited, Mr Abdulrazaq Isa, said the modular refinery being built by the firm would create direct and
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IMF cautions Nigeria on external reserves depletion
Thu, 11 Oct 2018
Femi Asu The International Monetary Fund has said Nigeria needs to be cautious about the use of its foreign exchange reserves, saying oil prices could decline at any time. The nations external reserves have been declining in recent months, falling fell to $44.30bn on September 28 from $45.83bn at the end of August. The reserves
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Odua approves N277.7m dividend for shareholders
Thu, 11 Oct 2018
Olufemi Atoyebi, Ibadan The Chairman, Odua Investment Company Limited, Olusola Akinwumi, has announced N698m as the profit before tax made by the conglomerate for the financial year ending December 31, 2017. The announcement was made at the Annual General Meeting of the conglomerate held at its headquarters, the Cocoa House, in Ibadan on Wednesday, The
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Tax evasion: Buhari moves against errant offshore assets owners
Thu, 11 Oct 2018
Olalekan Adetayo, Abuja President Muhammadu Buhari has stepped up the regulations on money laundering and tax evasion by signing Executive Order 008 entitled: Voluntary Offshore Assets Regularisation Scheme. According to a statement on Wednesday by his Senior Special Assistant on Media and Publicity, Garba Shehu, the new Executive Order took effect from Monday when Buhari
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AMCON wants Polaris Bank sold in two years
Thu, 11 Oct 2018
Feyisayo Popoola with agency report The Asset Management Corporation of Nigeria has said it wants a quick sale of Polaris Bank, the lender created to take over the assets and liabilities of the failed Skye Bank Plc. The Chief Executive Officer, AMCON, Ahmed Kuru, in an interview with Bloomberg in Lagos, said the divestment would
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Aviation unions ground activities at MMA2
Thu, 11 Oct 2018
Maureen Ihua-Maduenyi The Air Transport Services Senior Staff Association of Nigeria, the National Union of Air Transport Employees and the National Association of Aircraft Pilots and Engineers on Wednesday left hundreds of passengers stranded as they picketed the Murtala Muhammed Airport Terminal Two. The unions officials, who were said to have arrived at the terminal
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Uduaghan advises FG on illegal refineries
Thu, 11 Oct 2018
Theophilus Onojeghen, Warri A former governor of Delta State and the candidate of the All Progressives Congress for Delta South Senatorial District in the 2019 general elections, Dr Emmanuel Uduaghan, has called on the Federal Government to convert the ingenuity of illegal refinery operators in the Niger Delta region into technological breakthrough for the country.
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Nigeria, Afrexim hold talks for increased shareholding
Thu, 11 Oct 2018
Everest Amaefule, Abuja The Federal Government and the management of Afrexim Bank on Wednesday held talks on increasing Nigerias share in the pan-African export import bank. The Minister of Finance, Zainab Ahmed, who disclosed this in a statement made available to our correspondent in Abuja on Wednesday, also indicated that the government was holding talks
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Med-View restructures, sacks 60 workers
Thu, 11 Oct 2018
Maureen Ihua-Maduenyi Domestic carrier, Med-View Airline, has sacked about 60 members of its staff comprising pilots, engineers and crew members. The workers were said to have been served the termination letters on October 5, with a clause that they would be reconsidered for employment when the situation improves. The Executive Director, Business Development, Med-View Airline,
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Stakeholders urge FG to pass PIB into law
Thu, 11 Oct 2018
Chukwudi Akasike, Port Harcourt Participants at a summit held in Port Harcourt, the Rivers State capital, have called on the Federal Government to ensure the immediate passage of the Petroleum Industry Bill into law and make it operational. The stakeholders, who met on Wednesday to discuss the way forward for the oil and gas sector,
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US-China trade war, threat to Nigeria Expert
Thu, 11 Oct 2018
Anna Okon A trade expert and lead consultant at 3T Impex Trade Academy, Mr Bamidele Ayemibo, has said that the current trade war between the United States and China may soon start to have a ripple effect on Nigeria and this will spell doom for the economy if the over-dependence on China for critical items
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NESG appoints new chairman
Thu, 11 Oct 2018
Femi Asu The board of directors of the Nigerian Economic Summit Group has announced the appointment of Mr Asue Ighodalo as its new chairman, following the resignation of Kyari Bukar. According to a statement, Ighodalo is a founding partner of Banwo & Ighodalo, a commercial law firm in Nigeria. It said he obtained his first
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NNPC faces pressure as petrol landing cost hits N205
Thu, 11 Oct 2018
Femi Asu The landing cost of the Premium Motor Spirit (petrol) being imported into the country has risen to at least N205 per litre on the back of the recent increase in global oil prices, putting more pressure on the Nigerian National Petroleum Corporation. The NNPC has been the sole importer of petrol into the
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Financial tips for entrepreneurs launching start-ups
Thu, 11 Oct 2018
Ozioma Ubabukoh If you are thinking of launching a start-up, my hat goes off to you because it is far from easy. Here are eight tips to help you avoid some of the common financial mistakes entrepreneurs make when starting a new business. Cash flow management is key Most start-ups fail for a variety of
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Lagos, eastern ports get busier as more ships arrive
Thu, 11 Oct 2018
Anna Okon The Nigerian Ports Authority has declared that more ships have arrived at Lagos and eastern ports with various imported goods. The agency has in the last few months published data that show increased in activities at the hitherto dormant eastern ports. In its recent daily shipping position published from Monday, it said that
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Tricks every entrepreneur must know about successful budgeting
Thu, 11 Oct 2018
Running a business is difficult. Its even more difficult if youre just starting your business, trying to grow a side hustle, or running a seasonal business. On top of the operational and customer issues that inevitably eat up your time, you also need to know where you stand financially. As good as you may be
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You can make your own rules
Thu, 11 Oct 2018
Author of Practical Steps to Financial Independence and personal finance coach. Usiere Uko writes about setting up the game to win financially by making your own rules Laws and principles, especially the divine variety, cannot be broken. If you attempt to break them, you get broken in the process. Outside these are rules made by
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Surcharge: Clearing agents threaten to boycott CMA CGM services
Thu, 11 Oct 2018
Anna Okon The plans by a foreign shipping line, CMA CGM, to impose congestion surcharge on Lagos ports as a result of what it describes as high operational cost incurred due to the recent strike embarked upon by the Nigeria Labour Congress have attracted threats of a boycott by clearing agents. On Friday, the shipping
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Ikeja Electric develops safety app for consumers
Thu, 11 Oct 2018
Femi Asu Ikeja Electric Plc says it has launched a new mobile app that will help the prevention of customers and employees against electrical hazards. It said the application, called i-Safe, was designed to guarantee customer and employee safety with real-time report on identified safety hazards within the network. According to a statement, the mobile
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Total unveils competition for young Nigerian entrepreneurs
Thu, 11 Oct 2018
Femi Asu Total Upstream Nigeria Limited and Total Nigeria Plc have announced the commencement of the second edition of the Startupper of the Year Challenge. The General Manager, Human Resources and Corporate Services, Total Nigeria, Olubunmi Popoola-Mordi, said the Startupper of the Year by Total Challenge 2018-2019 was designed to support and reward young entrepreneurs
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Register with associations, SEC tells capital market operators
Thu, 11 Oct 2018
Feyisayo Popoola The Securities and Exchange Commission has mandated all capital market operators to register with an association or group or risk being punished. The SEC, in a statement on Wednesday, drew the attention of all capital market operators to Rule 25(1)(a) of the SEC Rules and Regulations (as amended) on Membership of Self-Regulatory Organisations).
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Were committed to capacity building, growth Nipco
Thu, 11 Oct 2018
Femi Asu Nipco Plc has said it is committed to capacity building as part of efforts to confront the challenges in the nations oil and gas industry and drive growth. The Managing Director of the company, Sanjay Teotia, was quoted as saying at a performance management workshop for Nipco workers in Lagos that the investment
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Ngige says no pact on minimum wage yet, NLC kicks
Thu, 11 Oct 2018
Olalekan Adetayo and Eniola Akinkuotu The Minister of Labour and Employment, Chris Ngige, on Wednesday said the Federal Government and the organised labour had yet to reach an agreement on the new National Minimum Wage as being reported in the media. He said the government was still consulting and negotiation was still ongoing. Ngige said
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Ogunbiyi accuses Adeleke of violating senatorial ticket agreement
Thu, 11 Oct 2018
Femi Makinde, Osogbo A former governorship aspirant of the Peoples Democratic Party in Osun State, Dr Akin Ogunbiyi, has accused the governorship candidate of the party, Senator Ademola Adeleke, of backing the Director General of the Adeleke Campaign Organisation, Chief Lere Oyewumi, to violate the peace deal brokered to resolve the crisis between the duo
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Osun rerun: Diekola slumps in court
Thu, 11 Oct 2018
Femi Makinde, Osogbo A chieftain of the Peoples Democratic Party in Osun State, Mr Fatai Oyedele, popularly known as Diekola slumped in court on Wednesday when police brought him and other accused persons to be arraigned before a magistrates court in Osogbo. Diekola, Segun Adekilekun and Sikiru Lawal, who were arrested by the police on
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Im not afraid of you, Fayose tells EFCC
Thu, 11 Oct 2018
Kamarudeen Ogundele, Ado Ekiti The outgoing Governor of Ekiti State, Ayodele Fayose, has said he is ready to face the investigation team of the Economic and Financial Crimes Commission. According to a media report, the EFCC had already set up a special team to grill the governor for allegedly receiving over N1.2bn from a former
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Ill liberate Kwara from modern colonisers APC gov candidate
Thu, 11 Oct 2018
Success Nwogu, Ilorin The Kwara State governorship candidate of the All Progressives Congress, Alhaji Abdulrahman Abdulrasaq, on Wednesday said he would liberate the residents of Kwara State from what he called modern colonisers. In a statement, he said he would initiate and implement policies and programmes that would transform the state, improve the welfare of
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Buhari, govs for Fayemis inauguration
Thu, 11 Oct 2018
Kamarudeen Ogundele, Ado Ekiti President Muhammdu Buhari, serving and past governors are billed to grace the inauguration ceremony of the Ekiti State Governor-elect, Dr Kayode Fayemi, on October 16. The invitation has also been extended to the outgoing governor, Ayodele Fayose, it was learnt on Wednesday. Part of the programmes lined up for the ceremony
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Oyo agric policy deceptive, says Makinde
Thu, 11 Oct 2018
Olufemi Atoyebi, Ibadan The governorship candidate of the Peoples Democratic Party in Oyo State, Seyi Makinde, on Wednesday, said the state agricultural policy under the administration of Governor Abiola Ajimobi would not guarantee self-sufficiency in food and cash crops production. In a statement issued by the PDP candidate campaign organisation, which was signed by the
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FG charges Ekweremadu, Akpan with refusal to declare assets
Thu, 11 Oct 2018
Ade Adesomoju and Leke Baiyewu The Federal Government has charged the Deputy Senate President, Ike Ekweremadu, and Senator Bassey Akpan with alleged refusal to declare their assets to the Special Presidential Investigation Panel for the Recovery of Public Property. Akpan represents the Akwa Ibom North-East Senatorial District in Akwa Ibom State, On Wednesday, Justice John
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Ganduje urges France to commence Kano water project
Thu, 11 Oct 2018
Ted Odogwu, Kano Kano State Governor, Dr Abdullahi Ganduje, has appealed to the government of France to commence work on the Greater Kano Water supply project. France, through its overseas development agency, Agence Francaise de Development , pledged earlier in the year to extend a credit facility of $75m towards improving water supply in the
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Nigeria losing out on literate, skilled workforce UNICEF
Thu, 11 Oct 2018
The United Nations Children Fund says Nigeria is losing out on a literate and skilled workforce it needs to grow economically due to a huge number of out-of-school children. The News Agency of Nigeria reported that the Deputy Representative, UNICEF Nigeria, Pernille Ironside, stated this on Wednesday in Kaduna, at the opening of a two-day
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EFCC vows to arrest Innoson boss, Chukwuma
Thu, 11 Oct 2018
Eniola Akinkuotu, Abuja The Economic and Financial Crimes Commission has vowed to arrest the Chairman, Innoson Motors Nigeria Limited, Innocent Chukwuma, in order to face fraud charges in court. The EFCC spokesman, Mr Wilson Uwujaren, said this in a statement on Wednesday shortly after Justice Olusola Williams of the Special Offences Court sitting in Ikeja,
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FG awards N5.2bn road project in Sokoto
Thu, 11 Oct 2018
Olalekan Adetayo, Abuja The Federal Executive Council on Wednesday awarded a contract for the construction of a road in Sokoto State in order to ease human movement as well as transportation of agricultural products. The cost of the contract was put at N5.202bn. The Minister of State, Power, Works and Housing, Suleiman Hassan, disclosed this
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24 states fail to access N47bn education fund UBEC
Thu, 11 Oct 2018
Olaleye Aluko, Abuja The Universal Basic Education Commission has released a report showing that 24 states have not yet accessed over N47bn education grants for their states between 2015 and 2017. The UBEC report stated that as of September 2018, 16 states had not accessed N18.8bn between 2015 and 2016 for their education sectors. Also,
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Army detention of PUNCHman
Thu, 11 Oct 2018
The story in The PUNCH on Tuesday about the illegal arrest and detention for 28 hours of a PUNCH journalist, Friday Olokor, and other 35 others by the military purportedly searching for the missing Maj. Gen. Mohammed Alkali (retd.) in Jos is very depressing. That is why we need to demonstrate caution when we hear
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Ending scourge of money politics
Thu, 11 Oct 2018
Whether Nigerias political power brokers like it or not, concerned citizens of this nation whose future are being mortgaged will strive to discourage money politics until it reduces to the barest minimum. The whole world not excluded opposition parties especially the Peoples Democratic Party condemned the openly displayed vote-buying in the last Ekiti State governorship
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Appeal to Agege post master
Thu, 11 Oct 2018
Permit me to use this medium to appeal to the Agege Post Office Master to assist to trace the whereabouts of a parcel of document sent to me from the USA since May 2018. Ever since I was informed that a parcel containing important documents had been dispatched from the USA, I have been going
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Vote-buying, others threatening democracy
Thu, 11 Oct 2018
Oluwatosin Omojuyigbe The Lagos State governorship candidate of the Alliance for Democracy in the 2019 general elections, Chief Owolabi Salis, has identified vote-buying and rigging among the challenges militating against the development of democracy in Nigeria. As a result, he said he would work against rigging by campaigning for zero money politics. Salis made these
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Abeokuta neuro-psychiatric hospital admits 300 patients monthly MD
Thu, 11 Oct 2018
Samuel Awoyinfa, Abeokuta The Provost and Medical Director of Neuro-psychiatric Hospital, Aro, Abeokuta, Ogun State, Dr Timothy Adebowale, says the medical facility admits between 250 and 300 new patients battling mental illness monthly. He disclosed this on Wednesday at a press conference and seminar organised by the hospital to mark this years World Mental Health
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Stakeholders to address building industry challenges at BUILDMACEX
Thu, 11 Oct 2018
Feyisayo Popoola Atlantic Exhibition, the organisers of the annual construction trade fair tagged, Building, Construction and Machinery Exhibition, or simply BUILDMACEX, has partnered the Turkish government in bringing innovation to the Nigerian construction industry. The firm said this in a statement while preparing to anchor the fifth edition of the fair between October 16 and
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Osun records 70% pass in 2018 WASSCE
Thu, 11 Oct 2018
Oluwatosin Omojuyigbe The Osun State Government said the performance of its high school students in the 2018 West African Senior School Certificate Examination was an improvement over the ones recorded in the recent years as the state recorded a 70 per cent pass in Mathematics in the concluded exam. The Commissioner for Education, Kola Omotunde-Young,
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