Today’s The Nation Newspaper Headlines Monday 24th December 2018

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Today’s The Nation Newspaper Headlines, Monday 24th December 2018

2019: ICPC to invoke powers to prosecute vote buyers
Mon, 24 Dec 2018
The Federal Government is not unrelenting in its promise to hold credible elections next year.Its agency the Independent Corrupt Practices and the Related Offences Commission (ICPC) looked set to invoke its powers to prosecute offenders.According to the commission, the prosecution of offenders falls within its powers, though such powers have not been exercised before now.ICPC Acting Chairman Musa Usman said anyone caught buying or selling votes during the 2019 general elections would be prosecu
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Row over Osinbajos push for Buhari in Southwest
Mon, 24 Dec 2018
Vice President Yemi Osinbajo sparked a huge controversy at the weekend when he asked his kinsmen in the Southwest to support President Muhammadu Buharis re-election bid next year.He was quoted as saying that the re-election of the President for another four-year term will pave the way for the Southwest to vie for the presidency after the expiration of Buharis tenure.The opposition Peoples Democratic Party (PDP) yesterday accused Osinbajo of positioning himself to succeed Buhari in 2023, describi
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$5.8b Mambilla power project hit by legal crisis
Mon, 24 Dec 2018
Barely a year after the signing of an agreement for the construction of the $5.792billion (about (N2.096trillion) Mambilla hydro-power project in Taraba State, the contract is enmeshed in a legal crisis.The legal hitch follows moves by some forces in government to sideline the local content partner, Sunrise Power and Transmission Company Limited.The company was awarded the Build Operate and Transfer (BOT)contract for the project in 2003.But the issues surrounding the project are now before the I
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Soyinka: Nigerias collective pride severely bruised
Mon, 24 Dec 2018
Nobel Laureate Prof. Wole Soyinka, in a piece, on The Nations choice of Leah Sharibu as the Person of The Year, argues that the military has endured reverses in the war against insurgents. He adds that Leah Sharibu is a heroine, a national heroine, a universal heroine. His submission:I cannot wait to congratulate The Nation Newspapers, and then the (Nigerian) nation herself, for an invigorating decision on this years nominations for the ritual identification of individuals to whom honour belongs
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Why anti-terror war is difficult to win, by Buratai
Mon, 24 Dec 2018
EYOND the conventional Boko Haram war, troops are fighting criminality in the Northeast, Chief of Army Staff (COAS) Lt. Gen. Tukur Yusuf Buratai has said.The COAS said the army was contending with forces that sabotage the war against insurgents, describing such forces as collaborators, informants and saboteurs.Gen. Buratai, who was reacting to questions at the end of a parley with reporters in Maiduguri, Borno State, said the powerful people behind the Boko Haram crisis kept rebranding the crisi
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FAAC payment to states rise by 36%
Mon, 24 Dec 2018
DISBURSEMENTS to states from Federation Account Allocation Committee (FAAC) rose 36 per cent this year to N8.52 trillion, a report released at the weekend has shown.The report from Financial Derivatives Company Limited, a financial advisory and research firm, showed that FAAC allocation released in December rose 3.13 per cent to N812.76 billion.Annualised, the total disbursement to the states stood at 36 per cent (N8.52 trillion) higher than lasts years N6.25 trillion, the report said.It said th
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Strike no threat to 2019 elections, says ASUU president
Mon, 24 Dec 2018
ACADEMIC Staff Union of Universities (ASUU) National President Prof. Biodun Ogunyemi has said the unions strike will continue until the Federal Government pays the salary shortfall and earned allowances of his members.He also insisted on payment of revitalisation fund of N1.1 trillion for upgrade of public universities.Ogunyemi said contrary to the claims by the Independent National Electoral Commission (INEC), the unions strike would not disrupt the 2019 elections.He called for replacement of D
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Bankers Warehouse urges EFCC to release detained $2.8m cash, employees
Mon, 24 Dec 2018
THE management of Bankers Warehouse yesterday urged the Economic and Financial Crimes Commission (EFCC) to release the $2.8 million cash and its employees arrested at Enugu Airport last Thursday.Bankers Warehouse is a company registered by the Central Bank of Nigeria (CBN) to carry out cash movement as well as currency processing.In a statement titled: Interception of $2.8 million at Enugu Airport by EFCC, the company said the cash was seized and its employees were arrested while carrying out le
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Osinbajo warns Nigerians against empty promises
Mon, 24 Dec 2018
Vice President Yemi Osinbajo yesterday urged Nigerians not to fall for empty promises being made by desperate politicians ahead of the 2019 general elections.He said such politicians would promise heaven on earth to get the votes.Osinbajo, who spoke yesterday at the palace of the Hausa Community leader (Sarkin Hausawa) of Agege, Alhaji Musa Muhammadu Dogonkadai, noted that there are two type of politicians those that would like to take power by force, and those who would seek the peoples mandat
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Why Buhari cant use stadium for campaign, by Akwa Ibom Govt
Mon, 24 Dec 2018
The controversy surrounding Akwa Ibom State governments decision not to allow the Godswill Akpabio International Stadium for political campaigns and other activities may have died down, it was learnt yesterday.The dispute over the 30,000 capacity stadium started after the leadership of the All Progressives Congress (APC) applied to the state government requesting for the use of the facility for the kick-off of President Muhammadu Buharis campaign on the Friday.The state government through the co
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Weve made progress in releasing funds to states, says UBEC
Mon, 24 Dec 2018
THE Universal Basic Education Commission (UBEC) at the weekend said it had made progress in releasing funds to states for the provision of the needed infrastructure in public primary and secondary schools.Its Executive Secretary, Hamid Bobboyi, said most states in the Northeast, Northwest and Southwest have successfully accessed some of the funds with the commission.Bobboyi, spoke with reporters in Abuja, explained that some states in the Southeast were yet to access funds with the commission si
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Faaji Agba Eko: Wow!
Mon, 24 Dec 2018
Among the high points of the show, some were higher than others. It was a high-octane show featuring high-quality performers. It was about Lagos and Lagosians. It was about music flowing from the past to the present. Faaji Agba Eko, organised by Evergreen Musical Company on December 16, celebrated musical heritage and cultural legacy.The venue, Absolute Lagos, Tafawa Balewa Street, Lagos Island, boomed with a range of local music genres, including Sakara, Juju, Apala, Agidigbo, Waka, Fuji, Folk
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Agbaje and freedom fighting ambiguity
Mon, 24 Dec 2018
Lagos State All Progressives Congress (APC) chieftain Sesan Daini criticises the claim by the Peoples Democratic Party (PDP) governorship candidate, Jimi Agbaje, that Lagosians are under boundage under the ruling party.Martin Luther king Jr once posited that nothing in the world is more dangerous than sincere ignorance and conscientious stupidity. Being sincerely disposed to error is excusable, but activating ignorance and making deliberate attempt to walk a population of 26 million people into
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Ogun 2019: How far can Akinlade go
Mon, 24 Dec 2018
Four governorship aspirantsDapo Abiodun All Progressives Congress (APC), Adekunle Akinlade (Allied Peoples Movement), Gboyega Isiaka (African Democratic Congress and Ladi Adebutu (Peoples Democratic Party)are struggling to succeed Governor Ibikunle Amosun. Who gets the crown’ Group Political Editor EMMANUEL OLADESU examines the succession battle.President Muhammadu Buhari the Ogun State. The ruling party All Progressives Congress (APC) is polarised, having failed to resolve its post-primary
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Why Ekere should succeed Emmanuel
Mon, 24 Dec 2018
Former House of Representatives member Eseme Eyiboh examines the quest for power shift in Akwa Ibom State and why the All Progressives Congress (APC) candidate, Nsima Ekere, should succeed Governor Udom Emmanuel.The Nigerian democratic space is bereft of ideological content and identifiable programme of activities to engage statutory governance requirements after electoral victory. The poverty of the philosophy of governance has remained the bane of the current Akwa Ibom state government occasio
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PDP to Buhari: dont extend IGPs tenure
Mon, 24 Dec 2018
The Peoples Democratic Party (PDP) yesterday said that the tenure of the Police Inspector-General Ibrahim Idris should not be extended.The party, which claimed that the police boss is expected to retire in January next year, said he deserves a blissful retirement after January.Its national publicity secretary, Kola Ologbondiyan, said PDP does not trust the Inspector-General because the police have been biased towards the opposition under his tenure.He said the police deserves a new IGP who will
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NFVCB: Nollywood groups stand with Adedayo Thomas
Mon, 24 Dec 2018
Notable stakeholders in the Nigerian motion picture industry, Friday, took a unanimous position in support of embattled Executive Director of the National Film and Video Censors Board (NFVCB), Alhaji Adedayo Thomas who, last week, appeared at an Abuja Magistrate Court over petition by some employees of the agency.Liking the battle against Adedayo Thomas to calling a dog a bad name in order to hang it, the concerned stakeholders averred that , not only is someone interested in Thomas office, his
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Gloria Mba raises funds for St Jude Childrens hospital
Mon, 24 Dec 2018
Nollywood actress Gloria Mba is raising funds for St Jude Childrens Research Hospital. It is to commerate her birthday-which was December 19.Asking for support to meet her goal, the mother of one writes on her Facebook. For my birthday this year, Im asking for donations to St. Jude Childrens Research Hospital. Ive chosen this nonprofit because their mission means a lot to me, and I hope youll consider contributing as a way to celebrate with me. Every little bit will help me reach my goal. Ive in
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Krizbeatz, Ceeboi happy about new joint project
Mon, 24 Dec 2018
Music producer, Krizbeatz and his protege, Ceeboi, is set for the release of an EP. It has been a long time dream for the duo, who have worked tirelessly to come up the new projecs.Krizbeatz, rated as one of the hottest music producers in Africa has wormed his way into the hearts of many music lovers and his putting his all in the new project with Ceeboi, who has also been making the headlines of late with his mind-blowing fast rap prowess.The project a six-tracker EP, titled Protege features Se
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Baddyoosha stages challenge for new music talents
Mon, 24 Dec 2018
Music maker Badmus Akeem O, aka Baddy Oosha, is partnering Nigerian top music site, Naijaloaded to search for new musical talents in a challenge tagged Who Dey.The quest is to give upcoming artistes alternative means of launching their career.Who Dey has been made open to all classes of artistes since December 11, 2018 and will close on December 24, 2018.Aspiring artistes are to go through four steps and pronto, the winner gets a video shoot of any of their song with ace video director, Lucas Re
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Mo Abudu elected Director of International Academy of Television Arts
Mon, 24 Dec 2018
The CEO of EbonyLife TV, Mo Abudu, has been appointed as one of the Directors of the International Academy of Television Arts and Sciences; the organization responsible for staging the world famous International Emmy Awards.The development follows the continued progress made by Abudu and EbonyLife Media to seek global recognition for Nigerian TV and film productions. As a member of the board, she joins a select group of about 100 Directors who are international executives from leading channels,
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Hyundai Creta, S-Class, Camry, others win Awards
Mon, 24 Dec 2018
It was a harvest of awards by leading auto brands, tyre, lubricants marketers in the country as the Nigeria Auto Journalists Association (NAJA) recently presented different categories of awards to deserving winners at the Eko Hotels, Victoria Island, Lagos.The award night, which had the Director General of the National Automotive Design and Development Council (NADDC), Aliyu Jelani and the representative of the Corp Marshal of the Federal Roads Safety Corps (FRSC) as special guests, was well att
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Buhari praises Unity Bank over Anchor Borrowers Programme
Mon, 24 Dec 2018
President Muhammadu Buhari has commended Unity Bank Plc for its contributions to the Anchor BorrowersProgramme (ABP).The lender got an award from Rice Farmers Association of Nigeria (RIFAN) for participating in ABP.The farmers presented the award in Abuja during a gala night organised by beneficiaries of the governments ABP held at the old Banquet Hall of the Presidential Villa, Abuja.Receiving the award, the banks Managing Director/Chief Executive Officer, Mrs. Tomi Somefun praised the Federal
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Leverage agric to boost economic growth, US envoy urges govt
Mon, 24 Dec 2018
The United States Ambassador to Nigeria, Stuart Symington, has advised the Federal Government to explore opportunities in agriculture and Information and Communications Technology (ICT) to boost economic growth and development.Symington, who stated that many African countries were boosting their agric sector to benefit more from the African Growth and Opportunity Act (AGOA), urged Nigeria not to be left out.AGOA is a preferential trade agreement between the US and some eligible sub-Saharan Afric
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SON retools operations with new appointments
Mon, 24 Dec 2018
The Standards Organisation of Nigeria (SON) has made new appointments in its bid to retool operations and enhance service delivery in Nigeria and beyond.As part of the retooling exercise, the erstwhile Director of Operations, Mr. Felix Nyado, an engineer, has been appointed Director, Corporate Affairs/SON Consult, while Mr. Dauda Yakubu, former Regional Coordinator, North West, becomes the Acting Director, Operations.A statement from the office of the Director-General, Osita Aboloma, said the re
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NSE to black list corrupt officials
Mon, 24 Dec 2018
THE Nigerian Stock Exchange (NSE) is to open a Blacklist for corrupt persons and indicted officials who are deemed unfit to engage in the stock market.In a new amendment to the rules at the Exchange, the NSE has been mandated to open a blacklist for recording corrupt persons.The amendment, approved by the Securities and Exchange Commission (SEC) this month, strengthens the Exchanges intolerance for infractions and places greater responsibility on capital market operators.Those to be blacklisted
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MPC members seek end to rising domestic liquidity, inflation
Mon, 24 Dec 2018
Monetary Policy Committee (MPC) members notes released by the Central Bank of Nigeria (CBN) at the weekend urge the regulator to urgently tackle rising domestic liquidity and inflation, writes COLLINS NWEZE. Rising domestic liquidity and inflation have continued to constitute major setback for the economy as the 2019 approaches.The economy is also expected to face slowing global demand and growth projections, volatile oil prices, and sustained monetary policy normalisation in the United States,
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Pay Without Card Solution makes debut
Mon, 24 Dec 2018
CoralPay has deployed the first inter-operable USSD and mobile payment platform to Nigerians desirous of a seamless and secure payment solution.The solution, which fulfills the mantra of being Africas Gold Standard for payments, allows for enhanced interoperability among stakeholders in the payment ecosystem.The firms Chief Executive Officer, Chioma Nkechika, said the payment solution allows customers using the USSD short codes of their respective banks alongside their Mobile Apps, to pay for go
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Dangote distributors pledge more sales next year
Mon, 24 Dec 2018
Key distributors of Dangote Cement have lauded the management of the company for its reward system and support, which enabled them to increase sales and maximise profit.The commendation came as the company presented the second batch of its top 20 distributors with Sport Utility Vehicles (SUVs).The distributors, who expressed delight at the gesture, said Dangote Cement had shown that it is the leader in the market, not only in Nigeria but also in Africa.Speaking on behalf of other distributors, M
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Providus Bank lists shares on NASD OTC Securities Exchange
Mon, 24 Dec 2018
Providus Bank Plc has listed its shares on the NASD OTC Securities Exchange, opening up opportunity for investors to trade on the shares of the commercial bank.The shares of Providus Bank Plc were admitted to trade on the NASD OTC by way of security admission, after it was introduced by Vetiva Securities Limited.Founded in 2016, Providus Bank is licensed as a commercial bank by the Central Bank of Nigeria (CBN). The bank provides innovative financial services that offer customised business solut
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Group Life, other regulations best for insurers in 2018
Mon, 24 Dec 2018
The two major reforms introduced by the National Insurance Commission (NAICOM) on group life business and motor third party policies contributed to the industrys growth in the outgoing year, Group Managing Director, Cornerstone Insurance Plc, Ganiyu Musa has said.He spoke with select reporters in Lagos.He said the regulatory interventions corrected the pricing of the products and enhanced operators compliance.Nusa said the market suffered huge losses caused by uncompetitive pricing of the produc
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