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Today’s Punch Newspaper Headline, Thursday 29th November 2018

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ACF asks Buhari to probe killing of nearly 100 soldiers by Boko Haram
Thu, 29 Nov 2018

The pan-Northern socio-political organisation, Arewa Consultative Forum, on Wednesday called on the Federal Government to institute an inquiry into the killing of nearly 100 soldiers by Boko Haram in Metele, Borno State, last week.

The ACF stated this at the end of its quarterly National Executive Council meeting in Kaduna.

A communiqué of the meeting signed by the National Publicity Secretary of the forum, Alhaji Muhammad Biu, expressed concern over the killings.

The group said the inquiry would unravel the immediate and remote causes of the attacks.

It, however, commended the government for quickly deploying troops to tackle the insurgents.

ACF said, “The meeting noted with grave concern the incidence of insecurity in the country, particularly the resurgence of the Boko Haram insurgency in Borno State, where the insurgents attacked the 157 Task Force Battalion in Metele, Borno state which claimed the lives of many Nigerians.

“NEC also appealed to the military and other security agencies to be proactive and always share intelligence and work in synergy to avert such unfortunate incidents.

“It also called on the Federal Government to institute an inquiry into the unfortunate attacks with the view to finding the immediate and remote causes in order to restore confidence to our troops and also avert recurrences.”

Also, the group lamented that the majority of the 13 million schoolchildren out of school in the country are Almajiri.

The ACF called on northern state governments to declare a state of emergency in education to revive the sector.

The ACF appealed to state governments to allocate at least 25 per cent of their budgets to education to address the lingering crisis in the sector.

On the Academic Staff Union of Universities strike, the ACF urged both the FG and ASUU to return to the negotiation table in order to end the strike.

On the 2019 general elections, the group cautioned politicians against overheating the polity.

“Elections should not be a declaration of war where our youths are used as political thugs, but rather an opportunity to elect credible leaders who will enhance security, eliminate corruption, enthrone social justice and the improvement of the well-being of the citizenry,” the communique said.

Meanwhile, the Chief of Army Staff, Lt. Gen. Tukur Buratai, has said no army can have enough equipment for its operations

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First Registrars gets recognition
Thu, 29 Nov 2018
First Registrars & Investor Services Limited has been honoured as the best registrar company in Nigeria in 2018. The firm said in a statement that it got the recognition at the BusinessDay Annual Banking and Financial Institutions Awards in Lagos. First Registrars, incorporated in May 1999, is an institution registered as a capital market operator
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Senate okays higher institutions for Presidents hometown, nine others
Thu, 29 Nov 2018
Olalekan Adetayo, Abuja The Senate on Wednesday approved the establishment of 10 new higher institutions across the country. The resolution was made after the federal lawmakers adopted the report of the Senate Committee on Tertiary Institutions and TETFund. The committees chairman, Jibrin Barau, presented the report for consideration. The 10 new higher institutions approved by
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2019: Coalition of opposition parties begins assessment of presidential candidates
Thu, 29 Nov 2018
Olusola Fabiyi, Abuja The Coalition of United Political Parties has begun the assessment of all the 44 presidential candidates of its participating members, The PUNCH learnt on Wednesday. CUPP is made up of 44 opposition political parties that are working together to wrest power from the All Progressives Congress in 2019. Some of the political
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Arrest Aregbesola for forging police report, PDP tells IGP
Thu, 29 Nov 2018
Bola Bamigbola, Osogbo peoples Democratic Party on Wednesday called on the Inspector General of Police, Ibrahim Idris, to arrest the former governor of Osun State, Mr. Rauf Aregbesola, for allegedly forging a police report he presented before an Election Petition Tribunal in 2007. The Osun State branch of the PDP, in a statement by its
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Kogi lawmakers boycott sitting, Senate probes states $500m loan
Thu, 29 Nov 2018
Olalekan Adetayo and Gbenga Odogun Members of the Kogi State House of Assembly are boycotting sittings in protest against the alleged state governments refusal to pay the backlogs of their salaries and allowances. The House had adjourned plenary session two weeks ago and was expected to resume on Tuesday, but the scheduled session could not
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Fashola, and the engineer of Yoruba consent
Thu, 29 Nov 2018
Thursday withAbimbola Adelakun<span class=”__cf_email__” data-cfemail=”debfbfbabbb2bfb5abb09eaeabb0bdb6b0b9f0bdb1b3″>[emailprotected]</span> Politicians of South-West extraction in the All Progressives Congress are currently in the process of manufacturing the consent of the Yoruba people through the exploitation of communal identity. You can tell that by cynical opportunism rife in their campaigns. Let me first dispense with the thought that these politicians are
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Akwa Ibom Assembly crisis: Senate orders probe, Uyo women protest against CP
Thu, 29 Nov 2018
Olalekan Adetayo, Oladimeji Ramonand Patrick Odey The Senate on Wednesday directed its Committee on Police Affairs to investigate the alleged invasion of the Akwa Ibom State House of Assembly by suspected thugs. The committee led by a member of the APC from Zamfara North, Tijjani Kaura, was given 48 hours to present its findings to
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EFCC hands over 116 cars, 20 houses to First Bank
Thu, 29 Nov 2018
Eniola Akinkuotu, Abuja The Economic and Financial Crimes Commission on Wednesday handed over 116 cars and 20 properties in Edo, Rivers and Lagos States recovered from one Michael Obasuyi Osasogie to First Bank Plc. Trouble began for Osasogie after a petition he wrote to the commission against E-tranzact in March 2018. The EFCC had, however,
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Metele attack: Army confirms 23 soldiers killed, 31 others injured
Thu, 29 Nov 2018
Olaleye Aluko, Abuja The Nigerian Army said on Wednesday that it lost 23 personnel to the attack by the Islamic State of West African Province terrorists, who attacked the 157 Battalion in Metele in northern Borno on November 18. The army, in a release late on Wednesday which was the first time it would speak
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Group preaches road safety awareness to pupils
Thu, 29 Nov 2018
Oluwatobi Akindele as part of its Corporate Social Responsibility, the National Association of Seadogs, Ikeja Branch, seeks to create road safety awareness among pupils. The branch President, Godstime Awoze, who spoke at the road safety awareness for pupils of Estate Primary School and Ogba Primary School in collaboration with Federal Road Safety Corps, added that
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FMBN disburses N15.7bn home renovation loans
Thu, 29 Nov 2018
Okechukwu Nnodim, Abuja The Federal Mortgage Bank of Nigeria has disbursed N15.7bn to 19,169 beneficiaries in Nigeria under its Home Renovation Loan programme. FMBNs Managing Director, Ahmed Dangiwa, disclosed this on Wednesday in Abuja while presenting N640m cheques to 640 beneficiaries of the Federal Road Safety Corps under the banks home renovation loan scheme. Dangiwa
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Diamond Bank drives financial inclusion through products, services
Thu, 29 Nov 2018
Nike Popoola Diamond Bank Plc says it has introduced initiatives since its inception in 1990 to drive financial inclusion in the country. The bank said in a statement that it would continue to develop retail banking and cater to the finances of ordinary people. It stated, Currently, we, by a wide margin, lead others in
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Nigerias GDP growthll be below 2% in 2018 WBank
Thu, 29 Nov 2018
Everest Amaefule andNike Popoola The World Bank has projected a slow growth in Nigerias economy in 2018 in its latest report. According to the report on Nigerias bi-annual Economic Update on Wednesday, the countrys Gross Domestic Product growth is expected to hover slightly below two per cent in 2018, largely driven by non-oil industry and
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FG to collaborate with Saudi Arabia on refineries revamp
Thu, 29 Nov 2018
Okechukwu Nnodim, Abuja The Federal Government on Wednesday said that it would collaborate with Saudi Arabia for the revamp of Nigerias refineries in Warri, Port Harcourt and Kaduna. Minister of State for Petroleum Resources, Ibe Kachikwu, said that Nigeria was currently tapping from the vast experience of Saudi Arabia, adding that both countries would take
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Malabu: Nigeria loses over $10bn in one deal, say Reps, CSO
Thu, 29 Nov 2018
Kamarudeen Ogundele, Abuja The House of Representatives has raised the alarm that Nigeria may have lost up to $10bn in the controversial Malabu oil deal in one transaction on Operating Licence 245. The lower chamber said available data indicated that the deal was never in the interest of the country. The Chairman, House of Representatives
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Baru signs performance contract with NNPC management staff
Thu, 29 Nov 2018
Regulate petrol sales at borders, PPMC tells marketers Okechukwu Nnodim, Abuja The Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru, has signed performance agreements with his management team to ensure that all the Autonomous Business Units and Strategic Business Units of the state-owned company deliver on their mandates. Baru said the key
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Ways to grow a successful business
Thu, 29 Nov 2018
To succeed in business today, you need to be flexible and have good planning and organisational skills. Many people start a business thinking that they will turn on their computers or open their doors and start making money, only to find that making money in a business is much more difficult than they thought. According
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Leveraging retained earnings as growth strategy for businesses
Thu, 29 Nov 2018
Ifeanyi Onuba, Abuja The growth of a countrys Gross Domestic Product, depends on the contribution of all sectors of the economy, particularly the Small and Medium Enterprises. In this part of the world, the idea of how to establish a business concern is not a major issue because everybody seems to have that in abundance.
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Anambra Assembly leadership crisis deepens
Thu, 29 Nov 2018
Tony Okafor, Awka Alleged plans by one of the warring factions of the Anambra State House of Assembly to hold a plenary meeting at the assembly on Thursday, and the alleged moves by the rival faction to storm the assembly in protest has reportedly sparked tension in the state. The complex has been shut since
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Investors lobby as PFAs invest N17bn pension funds in infrastructure
Thu, 29 Nov 2018
Nike Popoola Pension Funds Administrators have raised their investments in infrastructure to N17.12bn from the pension money in their custody, according to the latest data from the National Pension Commission. Operators of the Contributory Pension Scheme have also said that investors have continued to intensify their lobby to access the funds in their custody. Figures
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Unremitted taxes: Kaduna, Kano drag federal agencies to tax tribunal
Thu, 29 Nov 2018
Ifeanyi Onuba, Abuja Kaduna and Kano State governments through their Boards of Internal Revenue have taken some Federal Government agencies to the North-West Zone of the Tax Appeal Tribunal. They are dragging the agencies to the tribunal sitting in Kaduna for failure to remit taxes to them. The Kaduna State Board of Internal Revenue dragged
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Development Bank finances 35,000 MSMEs in one year
Thu, 29 Nov 2018
The Development Bank of Nigeria has signed on at least 35,000 Micro Small and Medium Enterprises in its first year of operation. This translates to a 75 per cent increase over its announced projection of 20,000 MSMEs for the year. The Federal Government had created DBN to provide structured and sustainable financing to small businesses.
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Petrol: Nigeria imported 4.37bn litres in 3 months NBS
Thu, 29 Nov 2018
Ifeanyi Onuba, Abuja Between July and September this year, the country imported 4.37 billion litres of petrol, figures for the oil sector obtained from the National Bureau of Statistics have revealed. In the Petroleum Products Report which was released in Abuja, NBS said that the country imported 873.72 million litres of automotive gas oil and
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Mobile money: Banks risk losing customer base to telcos
Thu, 29 Nov 2018
Ife Ogunfuwa As mobile telecommunication companies are gearing to support the financial inclusion drive of the Federal Government, Nigerian banks and fintechs in the payment industry risk losing their customer base to telcos, analysts have said. Analysts who spoke with The Punch correspondent on Wednesday said the ubiquitous nature of network operators placed them at
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NCC rules out new mobile licences
Thu, 29 Nov 2018
Everest Amaefule, Abuja The Nigerian Communications Commission on Tuesday ruled out the likelihood of issuing any other mobile licence to another operator to serve the Nigerian market. Speaking at a one-day workshop on the Impact of Counterfeit/Substandard Mobile Devices in Abuja, Head, Wireless Network Unit at the regulatory agency, Mr Chukwuma Nwaiwu, said even if
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Five ways to manage joint account with your spouse
Thu, 29 Nov 2018
Having one would make it easier to pay common bills, but how do you go about doing it’ Here are our tips if you are planning to set up a joint account with your other half. Setting up a joint account with your partner may be a scary thing. After all, money can be a
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Were investing to develop petroleum industry Total
Thu, 29 Nov 2018
Chukwudi Akasike, Port Harcourt Total Exploration and Production Nigeria Limited, has said it is investing more in the training and retraining of engineers in petroleum engineering and management with a view to developing Nigerias oil and gas industry. The firms Managing Director, Mr Nicholas Terraz, stated this during the 15th anniversary/induction of the Institute of
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Truck drivers get free eye treatment from APMT, NGO
Thu, 29 Nov 2018
Anna Okon APM Terminals in Kenya has said it teamed up with a non-profit group, TwoBillionEyes Foundation to provide vision improvement access to truck drivers at Great Lakes Ports Limited and economic opportunities for some of Kenyas unemployed youth. A statement quoted the Head, Safety, Environment and Performance Management, APMT, Wouter De Gier, as saying,
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Oil slumpll cause economic slowdown in Nigeria, others
Thu, 29 Nov 2018
Femi Asu The recent sharp decline in global crude oil prices will slow down economic growth in Nigeria, Russia and the United Arab Emirates, according to Capital Economics analysts. The international oil benchmark, Brent crude, plunged to around $58 per barrel last Friday, after rising to a four-year high of $86.74 per barrel early last
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NALPGAM seeks policies to deepen cooking gas usage
Thu, 29 Nov 2018
Femi Asu The Nigerian Association of Liquefied Petroleum Gas Marketers has urged the Federal Government to develop policies to deepen the consumption of cooking gas in the country to promote sustainable environment. The President, NALPGAM, Mr Nosakhare Ogieva-Okunbor, made the call in Ibadan at a seminar organised by the Ibadan branch of the association on
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Power supply tops Nigerians complaints list, says CPC
Thu, 29 Nov 2018
Femi Asu The Director-General, Consumer Protection Council, Mr Babatunde Irukera, has said the issue of power supply is top on the list of consumer complaints. Irukera stated this on Wednesday in Lagos at a customer engagement town hall meeting organised by Eko Electricity Distribution Plc in conjunction with the CPC. He said, Power continues to
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Stakeholders collaborate to fight marine crimes
Thu, 29 Nov 2018
Anna Okon Stakeholders in the maritime industry have said that greater collaboration is needed to achieve success in the fight against piracy and other related maritime crimes. The Secretary to the Government of the Federation, Mr Boss Mustapha, while noting that maritime crime was an organised one with elements all over the world, stressed the
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NPA, NIMASA, Customs bosses set for port security conference
Thu, 29 Nov 2018
Anna Okon The Managing Director of the Nigerian Ports Authority, Hadiza Bala-Usman; the Director General, Nigerian Maritime Administration and Safety Agency, Dr Dakuku Peterside and the Comptroller General of the Nigeria Customs Service, Col Hameed Ali (retd), are among dignitaries expected at the 2018 National Conference of the Port Facility Security Officers Forum of Nigeria
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OPEC: Nigeria yet to decide on oil production cut
Thu, 29 Nov 2018
Femi Asu with agency report Nigeria and Russia have said it is too early to signal whether they would join any production curbs. The Energy Minister, Saudi Arabia, Khalid al-Falih said on Wednesday that the country would not cut oil output on its own to stabilise the market, according to Reuters. The Organisation of Petroleum
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Power distributors revenue collection rises to N36bn monthly
Thu, 29 Nov 2018
Femi Asu The revenue collected by electricity distribution companies in the country from customers rose by 23 per cent this year, the Association of Nigeria Electricity Distributors said on Tuesday. ANED, the umbrella body of the 11 Discos carved out of the defunct Power Holding Company of Nigeria, said although the retail tariff had not
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NIMENA decries decaying maritime assets
Thu, 29 Nov 2018
Anna Okon The Nigerian Institution of Marine Engineers and Naval Architects has flayed the high level of decay and outdated assets in the nations maritime industry, saying that the industry offers huge opportunities for the country to harness and shore up its Gross Domestic Product. The National Chairman, NIMENA , Henry Unuigbe, said this during
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Shippers council seeks platform for regional trade expansion
Thu, 29 Nov 2018
Mudiaga Affe The Nigerian Shippers Council on Wednesday tasked the Federal Government to establish a platform that will encourage stakeholders to explore avenues for regional trade expansion. The council, in a communiqu issued at the end of a stakeholders sensitisation seminar in Calabar, Cross River State, noted that it had become imperative for the Federal
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Meteleattack: No army can have enough equipment for operations Buratai
Thu, 29 Nov 2018
The Chief of Army Staff, Lt. Gen. Tukur Buratai, has said no army can have enough equipment for its operations. Buratai, who spoke on the Metele attacks during the 2018 Chief of Army Staff Annual Conference in Maiduguri on Wednesday, said the army had started to strategise for the end of the Boko Haram insurgency
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Eliminate Boko Haram from the face of the earth, Buhari tells military
Thu, 29 Nov 2018
Kayode Idowu, Maiduguri President Muhammadu Buhari has told the military that the war against Boko Haram is a must win and they should know that their duty is to eliminate Boko Haram from the face of earth. Buhari, who urged the armed forces to remain focused and committed in ensuring that the task was achieved,
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Buharis administration has increased hunger, violence PDP
Thu, 29 Nov 2018
Success Nwogu, Abuja The Peoples Democratic Party on Wednesday said President Muhammadu Buharis administration had increased hunger, violence, oppression and national misfortune. It added that Buhari had been rejected by Nigerians. The PDP National Publicity Secretary, Kola Ologbondiyan, also accused Buhari of being a self-centred, uncaring, divisive and incompetent leader. He spoke while receiving leaders
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Zamfara loses five pilgrims in Saudi Arabia
Thu, 29 Nov 2018
The Zamfara State Hajj Commission on Wednesday said it lost five of its pilgrims during the 2018 Hajj exercise in Saudi Arabia. The News Agency of Nigeria reports that the Commissions chairman, Alhaji Abubukar S-Pawa, made this known while speaking to newsmen on the 2018 Hajj in Gusau. According S-Pawa, among the deceased were three
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FG slashes JAMB, NECO fees
Thu, 29 Nov 2018
John Amehand Olaleye Aluko the Federal Government on Wednesday announced a reduction in the cost of application form for the Joint Admissions and Matriculation Board from N5,000 to N3,500. JAMB conducts the Unified Tertiary Examinations, the basic exams taken by higher institution admission seekers in the country. A similar slash was announced for the Senior
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Nigeria in reverse gear since 1985 Judge
Thu, 29 Nov 2018
Oladimeji Ramon A Justice of the Court of Appeal, Justice Gabriel Kolawole, has expressed worry about the situation in the country, saying it appears as if the countrys national vehicle has been in reverse gear since 1985. In 1985, Nigeria was under the military dictatorship of General Ibrahim Babangida. Justice Kolawole observed that since 1985
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Improving regulation, enforcement of ECOWAS Brown Card
Thu, 29 Nov 2018
The ECOWAS Brown Card is a mandatory insurance certificate for all motorists travelling across the West African borders. NIKE POPOOLA reports on the significance of the card. The ECOWAS Brown Cards name emerged from the word, brown, which depicts the skin colour of nationals of the West African sub-region, according to the Economic Community of
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Ex-militants protest neglect
Thu, 29 Nov 2018
Olufemi Atoyebi, Abuja Some former militants on the platform of Niger Delta Ex-Agitators Leadership Forum on Wednesday alleged that they had been neglected by the Special Adviser to the President on Niger Delta Affairs/Coordinator of the Presidential Amnesty Programme, Prof. Charles Dokubo, warning that if their grievances were not addressed within seven days, crisis could
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Navy begins Operation Ex Toru- Gbown in Niger Delta
Thu, 29 Nov 2018
Samuel Nkemakolem, Yenagoa the Central Naval Command of the Nigerian Navy on Wednesday, commenced its annual sea and riverine operation, nick named Exercise Toru Gbown aimed at assessing the combat readiness of the specific bases/units under the command in the riverine areas. Speaking at the inauguration on Wednesday, the Flag Officer Commanding of the command,
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Metele attacks: Buhari meets with Heads of State in NDjamena
Thu, 29 Nov 2018
John Ameh, Abuja President Muhammadu Buhari has convened a meeting of the Heads of State and Governments of the Lake Chad Basin Commission. The meeting, which is scheduled to start on Thursday in NDjamena, Chad, will look into ways of finding solutions to the resurgence of attacks by Boko Haram. Nigeria recorded one of the
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Port Harcourt building collapse: Police arrest property owner
Thu, 29 Nov 2018
Chukwudi Akasike, Port Harcourt The owner of the seven-storey building, which collapsed in Port Harcourt on Friday, have been arrested by the police. Though the police refused to disclose the identity of the person, it was learnt that he was arrested alongside the contractor handling the private project. Some persons, who might be remotely or
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