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Guardian Newspaper Today, Wednesday 14th November 2018

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Osinbajo must answer for N5.8b fraud, Reps insist
Wed, 14 Nov 2018

The House of Representatives ad-hoc committee on Emergency and Disaster Preparedness yesterday offered insight into why it indicted Vice President Yemi Osinbajo on the alleged diversion of N5.8 billion meant for emergency intervention in the north east.

The Chairman of the committee, Mr. Ali Isa J.C., who addressed reporters at the National Assembly Complex in Abuja, explained that there was no way Osinbajo could be exonerated from the alleged mismanagement of the fund.

Isa said: “Yes, of course, he (Osinbajo) does have questions to answer. He may have questions to answer because he is the chairman of the governing council of National Emergency Management Agency (NEMA) and he was the acting president that gave the approval.”

To justify his position, he brandished a memo (reference number SH/OVP/DCOS/HMF/010), dated June 1, 2017, which drew the attention of the former finance minister, Mrs. Kemi Adeosun, to an approval for the purchase of 30,905,08 metric tonnes of grains worth N5,036,644,933.26 and the cost for logistics and distribution of the grains put at N829,026,456.

The lawmaker also brandished another memo (HMF/FMF/CBN/FOOD/1/2017) dated June 2, 2017, in which Central Bank Governor, Mr. Godwin Emefiele, drew the attention of Adeosun, Osinbajo and the Accountant General of the Federation Ahmed Idris to the payment instruction for the aforementioned amount of money.

He further claimed that in breach of laid down procedure, the money was paid directly to five companies: Dangote Rice Limited (N936.1 million); Golden Agric Input Limited (N1.3 billion); BUA Rice Limited (N1.3bn); WACOT Limited (N453.6 million); and WACOT Limited (N939.9 million) while NEMA received N829 million for the transportation of the goods.

Isa, who insisted the report was not politically motivated, urged anti-graft agencies not to shirk their responsibilities by bringing to book anyone found wanting in the alleged theft.

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Wildfires: Miley Cyrus And Liam Hemsworth Donate 181 Million Naira
Wed, 14 Nov 2018
Like Lady Gaga, celebrity couple, Miley Cyrus and her fiance, Liam Hemsworth have also joined in providing support towards the Woolsey fire. The duo of Cyrus and Liam Hemsworth who lost theirMalibu home to the fire are donating181,500,000 naira ($500,000) to the Woolsey fire relief efforts. In a statement released to E! News from Cyrus’s []
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Wedding: Toni Braxton Talks Birdman’s Deadline
Wed, 14 Nov 2018
Unbreak My Heartsongstress, Toni Braxton has revealed that her fianc Birdman isn’t going to wait on her forever till they get wedded as he already set a deadline for her. The music star made this known when she made a recent appearance onWendy Williams Show where she explained that Birdman gave her a strict deadline []
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Stan Lee’s Last Words With Protege Two Days Before Death
Wed, 14 Nov 2018
The world has not been able to get over the death of co-creator of Marvel comics, Stan Lee who died two days ago on November 12. A new report by TMZ has shown the last picture of Lee which was taken on Saturday, November 10. He was pictured smiling and looking cheerful during what would []
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Herbert Macaulay: The Father of Nigerian Nationalism
Wed, 14 Nov 2018
Born on this day in Lagos, Nigeria, in 1864, Herbert Macaulay helped to lay the foundation of modern Nigeria and he contributed majorly to the shaping of popular perceptions of a modern nation and its obligation to the public. Macaulay belonged to a distinguished missionary family with roots in the abolition movement and Sierra Leone []
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Current industry laws not supporting deep offshore investments
Wed, 14 Nov 2018
The Nigerian Association of Petroleum Explorationists (NAPE) says current legislations governing operations in the country’s oil and gas industry do not encourage investments in deep offshore projects.
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Why longevity is not genetic
Wed, 14 Nov 2018
Your genes have little to do with how long you will live, according to a new ‘family tree’ study of more than 400 million people.
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Dasuki to shun court until government obeys bail orders
Wed, 14 Nov 2018
Erstwhile National Security Adviser |(NSA), Col. Sambo Dasuki (rtd) yesterday said he would no longer appear for trial on alleged illegal possession…
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In Delta State, 2019 fever gets hotter for NASS contenders
Wed, 14 Nov 2018
Expectations are high regarding the nature of electioneering in Delta State as the November 18 date for open campaigns for the 2019 general elections draw near.
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CNN sues over barring of reporter, White House vows vigorous defense
Wed, 14 Nov 2018
A federal judge will hold a hearing Wednesday on CNN’s lawsuit against Donald Trump’s administration alleging the White House violated correspondent Jim Acosta’s constitutional…
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MTN to apply for mobile money licence in Nigeria
Wed, 14 Nov 2018
The Chief Executive Officer of MTN, Rob Shuter, has said that despite the challenges the telecommunications firm is facing in Nigeria, it will, next month, apply for a mobile-money licence.
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Troops kill two terrorists, rescue 16 captives in Borno
Wed, 14 Nov 2018
Troops of Operation Lafiya Dole and members of the Civilian-JTF have killed two insurgents and rescued 16 captives on Monday during a clearance operation along Ngoshe-Agapalawa axis of Borno State.
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Nigeria to raise oil, condensate outputs in 2019
Wed, 14 Nov 2018
Nigeria is to increase its daily oil production to 1.8 million in 2019. It would also raise its condensate output by 0.5 million bpd during the period.
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It will be strange for APC to have ‘graveyard’ peace, says Oshiomhole
Wed, 14 Nov 2018
The National Chairman of the All Progressives Congress (APC), Adams Oshiomhole, says it will be strange if the ruling party is experiencing ‘graveyard peace.
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Men above 45 more likely to have babies with birth defects
Wed, 14 Nov 2018
Men should start a family before they age of 35 to avoid risk to their unborn babies, researchers claim.
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APC boasts of retaining Presidency, Lagos in 2019
Wed, 14 Nov 2018
Moved by the defection of not less than 1000 members of Lagos State chapter of Accord Party (AP) into the party, All Progressives Congress (APC) has expressed…
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EKEDC optimistic about government’s N100bn power sector support fund
Wed, 14 Nov 2018
Eko Electricity Distribution Company Plc says the planned N100bn government support for the power sector will go a long way in bettering the fortunes of DisCos, if released.
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18 states, Abuja get $73b projects
Wed, 14 Nov 2018
The Federal Capital Territory (FCT) and 18 states attracted 65 projects worth $73.08 billion in the first three quarters of this year, the Nigerian Investment Promotion Council (NIPC) has disclosed.
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Knowledge sharing to drive Industry 4.0 in developing economies
Wed, 14 Nov 2018
The potential of Industry 4.0 may not be realised without knowledge-sharing to raise awareness about the challenges and opportunities in it.
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Group endorses Isiaka’s gubernatorial ambition in Ogun
Wed, 14 Nov 2018
The apex socio-cultural organisation in Ogun West, Yewa Development Forum (YDF), has endorsed the standard-bearer of African Democratic Congress (ADC), Prince Gboyega Nasir Isiaka, for the 2019 governorship election in the state. Consequently, the group will tomorrow meet with the ADC candidate in Abeokuta to present him a position paper. To lead the high-powered eight-man []
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13-year-old Thai kick-boxer’s death reignites call to ban kids from sport
Wed, 14 Nov 2018
The death of a 13-year-old boy, who was knocked out in a Thai kickboxing match, has led to renewed pressure on Thailand to ban children from boxing bouts.
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