Today’s Thenation Newspaper Headlines, Monday 10th December 2018

Today’s Thenation Newspaper Headlines, Monday 10th December 2018

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2019 polls: Why Buhari didnt sign Electoral Bill
Mon, 10 Dec 2018

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With the National Assembly threatening to veto President Muhammadu Buhari on the Electoral Act Amendment Bill, the controversy seems to be growing.

President Buhari insists that signing the Bill will undermine credible elections next year.

Besides, he says it will negate an ECOWAS Protocol which states that no electoral legislation should be passed 90 days before an election, according to Presidency source.

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Nigeria is a signatory to the protocol and the general elections are barely two months away.

The opposition Peoples Democratic Party (PDP) has urged the National Assembly to veto the bill.

Peoples Trust (PT) presidential candidate Gbenga Olawepo-Hashim berated the ruling All Progressives Congress (APC) and the PDP for quarrelling over the document.

He said both parties were playing pranks due to what he described as their hypocritical commitment to the proposed Electoral Act.

However, a Presidency source yesterday listed the reasons the President withheld his signature to the bill.

Besides, it was learnt, some senators have vowed to resist any plan by the National Assembly to veto the President on the bill.

The source, who pleaded not to be named because he is not permitted to speak on the matter, maintained that the bill as passed by the lawmakers was full of “booby traps” that could compromise the credibility of next year’s elections if signed into law.

According to the source, electronic transmission of election results as provided for in the bill could be manipulated by hackers.

The source described the controversy over the Electoral Act as an “unnecessary distraction” to blackmail the President into signing the law with his “eyes wide closed”, adding that the document “is a landmine laid in the path of the President by the PDP-led National Assembly, which is determined to force his hands, despite the fact that the President has unambiguously explained his reasons for not signing the Electoral Act”.

The source said: ”The Act is fraught with dangers, which, if ignored, could only create chaos and confusion during the 2019 elections.

“The President is validly worried about the loopholes in the Electoral Act that could undermine the will of the people.

“Forcing the hands of the President to sign the amended Electoral Act in its present form could result in chaos, thereby truncating the democratic process.

“We have discovered disturbing evidence that suggests that the nation’s interest has been sold off and all that the PDP will do is to hack into the mandatory electronic transmission of results to write whatever they wish and win. Government is determined to ensure that the votes count in the coming elections and have to do something to thwart their evil plan.

“There is the issue of the so-called ‘fusion of votes’ by which the votes of party members in an alliance, without any form of merger can be counted for a candidate other than their own.”

The President had on Friday returned the Electoral Act (Amendment) Bill 2018 to the National Assembly, urging the lawmakers to revisit his earlier observations on what he called “observed errors”.

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Osinbajos humility excites Lagos family
Mon, 10 Dec 2018
Oluwole in Ogba, Lagos is a vast government estate populated mainly by middle class families. There is nothing special about it in environment, in aesthetics and in the type of buildings housing its huge population.Not anymore. The estate hosted at the weekend its most popular visitor ever.Vice President Yemi Osinbajo got a rousing welcome as the door-to-door campaign train of the Buhari/Osinbajo Campaign Organisation hit the estate.Prof. Osinbajo inaugurated the All Progressives Congress (APC)
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CBN targets youths in new loan policy
Mon, 10 Dec 2018
THE Central Bank of Nigeria (CBN) and the Bankers Committee have agreed to set up a committee headed by Chief Executive Officers (CEOs) of commercial banks to create a strategy that will stimulate lending in the domestic economy.CBN Governor Godwin Emefiele broke the news yesterday at the end of the 10th Annual Bankers Committee retreat in Lagos.The committee is to ensure that lenders deploy key intervention funds, including the N210 billion Small and Medium Enterprises (SMEs) fund, N60 billion
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Alleged N1.4b fraud: NBA president insists on retaining office
Mon, 10 Dec 2018
NIGERIAN Bar Association (NBA) President Paul Usoro has said he would not resign his position despite the pending fraud case against him.The EFCC, last week, filed an alleged N1.4 billion fraud charge against Usoro before the Federal High Court in Lagos.It was announced that Usoro will be arraigned today.But, addressing reporters in Abuja at the weekend, the NBA president said he would remain in office despite attempt to force him to quit.Usoro, who said he was presenting the communique of the j
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2019: Ill never be neutral, says Obasanjo
Mon, 10 Dec 2018
FORMER President Olusegun Obasanjo has said he will never be neutral in choice of a president for Nigeria in 2019 election in the face of alleged glaring incompetence and brazen impunity.He stressed that only those that live in denial would be reluctant to change the present All Progressives Congress (APC)-led administration at the centre to one that would improve on the economy, regain investors confidence and generally drive growth.The elder statesman, who is presently in Cairo for the maiden
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Ekiti lifts embargo on Ecobank, GTbank, Zenith Bank
Mon, 10 Dec 2018
TWO years after Ekiti State stopped Ministries, Departments and Agencies (MDAs) from patronising Zenith Bank, GT Bank and Ecobank, the government has lifted the embargo.Governor Kayode Fayemi announced the lifting of the embargo placed on the three banks by the administration of former Governor Ayodele Fayose.The Fayose-led administration in May 2016, placed a non-patronage ban on the three banks and forbade MDAs as well as workers from transacting business with them.But in a statement by his sp
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Buhari hails $21b savings on food import
Mon, 10 Dec 2018
PRESIDENT Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products.The new development, he said, has positioned the country for food self-sufficiency and resulted in saving over $21 billion.The President, in a statement by the Special Adviser on Media and Publicity, Femi Adesina, said the humongous savings would be deployed to other critical areas like infrastructure, education, healthcare and many others.Buhari spoke while reacting to recent disclosures by the Cent
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Oil marketers order shutdown of depots over N800b subsidy debts
Mon, 10 Dec 2018
DEPOT and Petroleum Products Marketing Association (DAPPMA) yesterday directed its members to shutdown services as from 12 midnight.A directive from the DAPPMA Executive Secretary, Mr. Olufemi Adewole, sent to members, said the associations efforts to make the Federal Government pay its N800 billion subsidy debts were not successful.But, the news came as oil workers sought a quick resolution of the disagreement between the Federal Government and oil marketers over the outstanding fuel subsidy cl
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Nigeria has two million registered teachers, says TRCN
Mon, 10 Dec 2018
THE Teachers Registration Council of Nigeria (TRCN) has stated that there are two million qualified and registered teachers across the country.Its Registrar, Prof. Olusegun Ajiboye, said the country is in need of 250,000 teachers annually to cater to the growing population of pupils.He noted that as a country with the largest number of out-of-school-children, there was need for adequate teachers to meet the learning and teaching needs of children.Prof. Ajiboye described the situation of teachers
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Progressive senators will block veto of the electoral bill, says Ashafa
Mon, 10 Dec 2018
Progressive senators will stand against any plan by the National Assembly to veto President Muhamadu Buharis refusal to sign the recent amendments to the Electoral Act (Amendment) Bill 2018, Senator Gbenga Ashafa said at the weekend.He said the matter will eventually be subjected to vote and that the All Progressives Congress (APC), which has the majority, will frustrate any plan to veto the President.Ashafa spoke after a stakeholders meeting of the Lagos East chapter of the APC in Epe.Respondin
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AU, AFRIMA honours Ambode
Mon, 10 Dec 2018
For his contributions and support towards the growth of arts and culture in Africa, Governor of Lagos State, Mr. Akinwunmi Ambode, has been recognised by the African Union Commission, AUC, and the International Committee of the All Africa Music Awards, AFRIMA, with the special award of Supporter of the Arts at the recently concluded 5th AFRIMA, the annual music awards held in Accra, Ghana, penultimate Saturday.In her letter to Governor Ambode, Mrs. Amira Elfadil, Commissioner for Social Affairs,
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Davidos Wonder Woman video gets 1.3m views in two days
Mon, 10 Dec 2018
Though, he is currently facing controversy over flouting National Youth Service Corps (NYSC) laws as an enroled member, Afro pop act Davido has continued to warm his way into the heart of his fans with the release of his new song and video, Wonder Woman.Released on Youtube on Friday, the song garnered over a million views within 24 hours. And by Sunday, it has over 1.3m views.The song and video celebrate accomplished Nigerian women in different spheres of life. Among those mentioned in the video
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Why I featured Zlatan, Moonchild in Container remix Ckay
Mon, 10 Dec 2018
Chocolate City signee, Ckay, has disclosed why he featured South African songbird, Moonchild, and Nigerian indigenous rapper Zlatan Ibile in the remix of his hit song Container.I wanted to bring cultures together with the remix, he said.I didnt want it to be 100% what was expected said Ckay who is currently working on his EP.People probably expected a shaku shaku artiste on the remix but I decided to do just the opposite. I brought in a huge South African Gqom artist, Moonchild, who speaks Zulu
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Omonla Gee boi drops new video Ire
Mon, 10 Dec 2018
Afro Pop artiste, Bello Micheal Olugbenga, popularly known as Omonla Gee boi, has dropped his new video titled Ire.Directed by Mr Ezic, the video is enjoying airplay.According to Gee boi who studies Electrical & Electronics Engineering at Ekiti State University, Ire has a strong message of blessing, requesting favour from God.Omonla Gee boi started music professionally in 2007 and has two EP and over 20 tracks to his credit with Wande Coal as his mentor.
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Esther Ajayi Foundation partners LBM Awards
Mon, 10 Dec 2018
BlackMusic Initiative, a movement which was started 15 years ago to create a cultural and social change in Africahas partnered the Esther Ajayi Foundation for this years edition of the Legend of Black Music Awards.Slated to take place December 21 at Golden Gate Restaurant, Ikoyi, Lagos, by 3pm, the event will reward key players and major achievers in the nigerian music space. The BMI Awards has three categories; the Custodian of Culture Award, the Humanitarian Award as well as the Music Legends
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Aramide drops Ayokunumi video
Mon, 10 Dec 2018
Afro Soul Queen, Aramide, has released the video to her song Ayokunumi.Shot and directed by Kay Kay Sublime in Washington DC, the video (starring Ike Slimster) is a bittersweet love tale. Known to attract emotions of listeners with her message and melodious tune, Aramide completely delivers on the Sizzle Pro produced song.The song first appeared on Aramides debut album Suitcase
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G-Class hits local market
Mon, 10 Dec 2018
After its production kicked off in Graz in May, the new G-Class has become one of the most demanded passenger cars.This new model has been hailed as the biggest transformation in the Gs 39-year-old history, as it raises the bar in all relevant areas while maintaining familiar and popular features from its design icon.Weststar Associates Limited, the authorised distributor of Mercedes-Benz in Nigeria, has recomended the new G to Mercedes-Benz customers and enthusiasts.Its Managing Director/Chief
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NGO threatens to sue NAICOM over SIP
Mon, 10 Dec 2018
A Non-Governmental Organisation (NGO), Transparent Protection Ltd/Gte has threatened to sue the National Insurance Commission (NAICOM) over the newly released guidelines for State Insurance Producer (SIP) policy.The NGOs solicitors, Mike Onyeka & Associates, in a letter to NAICOM, said the Commission acted ultra vires its powers under Section 49 (1) (b) of the NAICOM Act 1997, which empowers it to make guidelines for insurance institutions only.It made this known in a letter titled: Notice o
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FRSC, group hold campaign
Mon, 10 Dec 2018
The Federal Road Safety Corps (FRSC) and Aid Lives Trust are holding sensitisation programme for motorists on Wednesday at the Ajah Park, Lagos.Aids Lives Trust Coordinator Elizabeth Egiaye, said the event, tagged Why Rush Campaign is aimed at cautioning drivers on the dangers of over speeding which leads to accident and permanent disabilities.The campaign, Egiaye added, is also targeted at curbing the menace of accidents on our roads during the festive period and in extension save lives which i
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Hyundai offers free service
Mon, 10 Dec 2018
Hyundai Motors Nigeria Limited (HMNL) is offering free routine service check-up and maintenance for Hyundai vehicles at its service outlets nationwide.The vehicle repairs scheme, which has as theme Before Service Free Check-up Camp begins today. It will end on January 20.Announcing the incentive in Lagos, HMNL Service Manager Srinivas Jayaram said the free service module, which will offer a comprehensive 25-point check-up spots, include a thorough examination of the engine, brakes, suspension an
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Chinese GA 3, others in race for Car-of-the-Year
Mon, 10 Dec 2018
Names of finalists in the 2018 Nigeria Auto Journalists Association (NAJA) Auto Awards scheduled for Thursday, at the Eko Hotels, Victoria Island, Lagos have been released.A Chinese brand, GA3, a sedan model among the GAC product line, is appearing for the first time among the top three contenders for the prestigious Car-of-the-Year crown (COTY) in Nigeria.The GAC brand is under the sole franchise-ship of CIG Motors, the automotive subsidiary of CIG International Limited.Other contenders in the
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Antidote to racketeering in driving schools and driver licences
Mon, 10 Dec 2018
THE AntidoteHaving carried out several researches within and outside Nigeria, we have discovered that the workable and very effective antidote to the high rate of racketeering and other anomalies pervading the driving school and driver licence systems in Nigeria is an uncompromised pre-licence theory and practical tests which should be in two phases thus:Final assessment test by driving schoolsThe certificate being generated by the driving schools is not a certificate of participation as in the
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Flour Mills lists N20.11b bonds on NSE, FMDQ
Mon, 10 Dec 2018
Flour Mills of Nigeria Plc, Nigerias largest flour-milling company, at the weekend listed two bonds on the Nigerian Stock Exchange (NSE) and the FMDQ OTC Securities Exchange.Flour Mills N10.11 billion, three-year, 15.50 per cent fixed rate senior unsecured bond due 2021 and N10 billion five-year, 16 per cent fixed rate senior unsecured bond due 2023 were admitted to the NSE and FMDQ. The bonds were issued under the companys N70 billion bond issuance programme.The bond issues were strongly suppor
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New guidelines will eliminate electrical accidents
Mon, 10 Dec 2018
The distribution sub-sector of the electricity market has been operating without a standard construction guideline. In this interview with John Ofikhenua, the Managing Director, Nigerian Electricity Management Service Agency (NEMSA), Peter Ewesor, says the guidelines, when unveiled, will eliminate all risks associated with electrical construction.What will the operation of the electricity industry be when the new order comes on stream’The outlook, or what to expect when the new construction
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Uneasy calm in insurance over states involvement
Mon, 10 Dec 2018
The National Insurance Commission (NAICOM) has set next month for the commencement of the licensing of states to sell insurance products. The policy seeks to enforce compulsory insurance, deepen penetration and create jobs. But, the move has unsettled operators in the industry. Some of them, especially brokers, fear that states addition as insurance intermediaries may throw them out of business. OMOBOLA TOLU-KUSIMO reports.Operators in the insurance industry, especially brokers, may have been up
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CIIN inducts three fellows, 138 associates
Mon, 10 Dec 2018
The Chartered Insurance Institute of Nigeria (CIIN) has inducted 138 associates and awarded three fellows. The Fellowship Awards ceremony held at 10 Degrees Events Centre, Ikeja, Lagos.Speaking at the event, CIIN President, Eddie Efekoha, said as a body tasked with providing the human capital needs of the Nigerian Insurance industry, the institute is dedicated to promoting the ideals of professionalism and will continue to exercise its statutory responsibilities as provided in Act NO. 22 of 1993
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