Today’s The Nation Newspaper Headlines Thursdays 10th January 2019

0
Today’s The Nation Newspaper Headlines, Thursdays 10th January 2019

Fed Govt to renegotiate salaries above N30,000
Thu, 10 Jan 2019

Workers earning more than N30,000 – the likely new minimum wage – will have their pay renegotiated, the President said yesterday.

The new pay, it seems, will not be for all cadres of workers.

It is important to prepare the minds of those to be affected — that a windfall is not on the way — so as not to be caught unawares, President Muhammadu Buhari said.

The government will begin talks with the workers after the new minimum wage Bill must have been passed into a law.

The President spoke at the inauguration of the Technical Advisory Committee on the Implementation of a New National Minimum Wage.

The development came barely 24 hours after the government and Labour agreed that a New National Minimum Wage Bill will be sent to the National Assembly on or before January 23.

The unions are demanding N30, 000 for the least paid worker. But governors are willing to pay N22, 500 and the Federal Government is offering N24, 000.

The President named Bismarck Rewane as head of the panel, which he inaugurated at the Council Chamber, State House, Abuja, before the weekly Federal Executive Council (FEC) began.

Mermbers of the committee have been drawn from the public and the private sector.

It has a month to complete its work and summit its report and recommendations. The members are: Federal Inland Revenue Service (FIRS) Chairman Babatunde Fowler, ex-FIRS boss Mrs. Ifueko Omoigui-Okauru, Dr Ayo Teriba and Prof. Akpan Ekpo.

Others include: Budget Office Director-General Ben Akabueze, who is the secretary of the committee, representative of the Nigeria Governors Forum (NGF); National Salaries, Incomes and Wages Commission Chairman Richard Egbule; Permanent Secretary, Service Welfare Office of the Head of Service of the Federation, Mrs. Didi Walson-Jack; Permanent Secretary, General Service Office, Office of the Secretary to the Government of the Federation (SGF), Olusegun Adekunle; Permanent Secretary, Ministry of Finance, Dr. Mahmoud Isa-Dutse; Permanent Secretary, Ministry of Budget and National Planning, Olajide Odewale; Permanent Secretary, Ministry of Labour Mrs. Ibukun Odusote, and Solicitor-General of the Federation and Permanent Secretary, Ministry of Justice, Mr. Dayo Apata.

The other members are: Special Adviser to the President on Economic Matters, Office of the Vice President, Dr. Adeyemi Dipeolu; Deputy Governor of the Central Bank of Nigeria, Economic Policy, Dr. Joseph Nnanna; Accountant-General of the Federation, Ahmed Idris; Director-General, Debt Management Officer, Ms. Patience Oniaga; Director-General, National Institute of Social and Economic Research, Dr. Folarin Gbadebo-Smith; Statistician-General, National Bureau of Statistics (NBS), Dr. Yemi Kale; Mrs. Aisha Hamad, Mamman Garba and Tunde Lawal.

Pointing out that the last time Nigeria’s national minimum wage was reviewed was in 2011, Buhari said that it was evident that a review was necessary, despite the prevailing fiscal challenges.

read more…

Forbes: Dangotes wealth down by $2b
Thu, 10 Jan 2019
Dangote Group President Aliko Dangote has retained his Africas richest man position for the eighth consecutive time despite the fact that his wealth dipped by $2 billion.Dangotes net worth value, which stood at $12.2 billion in January, last year, is down to $10 billion a year after, the Forbes Africa Billionaires List released yesterday showed.But Globacom Chairman Mike Adenuga Jnr, with interests in oil exploration and real estate has moved up, ranking next to Dangote as Africas second richest
read more…

Why were not involved in technical committee, by NLC
Thu, 10 Jan 2019
NIGERIA Labour Congress (NLC) President Ayuba Wabba has explained why Labour is not involved in the Technical Committee on the Implementation of the national minimum wage being proposed.The panel, the unionist stated, is purely an internal arrangement of the Federal Government.Reacting to the inauguration of the committee by President Muhammadu Buhari yesterday, Wabba said the Minister of Labour & Employment, Dr. Chris Ngige, has already assured Labour that the committee was an in-house affa
read more…

Osinbajo, Soyinka, BBC, others move against fake news
Thu, 10 Jan 2019
Vice President Yemi Osinbajo, Nobel Laureate Wole Soyinka and others yesterday called for criminalisation of fake news.They spoke in Abuja yesterday at the BBC Conference, on Nigeria 2019: Countering Fake News.Osinbajo painted a picture of the destructive power of fake news, which he said has the capacity to cause personal harm and lead to violence. Besides, he said fake news can also cause damage to credibility and integrity of public information.He added that the capacity of fake news to cause
read more…

Father to Boko Haram commander son: surrender
Thu, 10 Jan 2019
EIGHTY-YEAR-OLD Malam Baba Modu has called on his Boko Haram commander son to surrender his membership of the terrorist group and embrace peace.Modu, popularly calledBa-Ana, made the call yesterday in a chat with the News Agency of Nigeria (NAN) in Maiduguri, Borno State capital.The father of the Boko Haram commander said that he was unable to persuade his son to abandon the cause and surrender under the Federal Governments Operation Safe Corridor.Recounting his ordeal, the octogenarian said his
read more…

One dead, two injured as tricycle rams into truck
Thu, 10 Jan 2019
A Tinubu Magistrates Court yesterday heard that a passenger died, while two others were injured when a tricycle rammed into a stationary truck at Ajah near Lekki, Lagos last December.The police told Magistrate A.M. Olumide-Fusika that the truck driver, Mr. Sesan Koiki, did not warn road users of the broken down vehicle.Koiki, 29, was arraigned on a two-count charge of driving on the highway without a valid drivers licence and failure to display reflective caution signs.Prosecuting Inspector Ben
read more…

Be good ambassadors, varsity graduates told
Thu, 10 Jan 2019
Maryam Abacha American University of Niger (MAAUN) President, Prof Adamu Gwarzo has advised its graduands to be good ambassadors of the institution wherever they find themselves.He gave the advice at the Class 2018 graduation dinner and award night held in Kano.He said the call was necessary to promote and protect the good name and reputation which the university had established since it was established.The event was organised by the management of the institution in honour of the 280 graduates (
read more…

Candidates with biometric problems to write exams in Abuja, says JAMB
Thu, 10 Jan 2019
THE Joint Admissions and Matriculation Board (JAMB) has stated that any candidate with biometric challenge will now have to come to its Headquarters in Abuja to resolve the issue as well as write the examination.JAMB stated that it took the decision after it discovered that many candidates use issues of biometrics to concoct a reason to cheat.Sale of forms or registration for candidates (UTME /Direct Entry), including those from foreign countries, begin from today till February 21.Its spokespers
read more…

APC rally disruption: 14 more suspects arrested
Thu, 10 Jan 2019
FOURTEEN more suspects have been arrested by the police over the violence at the All Progressives Congress (APC) campaign kick-off at the Skypower Grounds, Ikeja Government Reservation Area (GRA) on Tuesday.The arrests brought the number of suspects being held by the State Police Command to 16.Giving the update on the issue yesterday, Commissioner of Police (CP) Imohimi Edgal said the matter is being handled by the State Criminal Investigative and Intelligence Department (SCIID), Panti, Yaba, La
read more…

Buhari: I wont approve public funds for campaigns
Thu, 10 Jan 2019
President Muhammadu Buhari reiterated his commitment to the elimination of corruption in campaign financing, saying he will not authorise the use of funds from the public treasury for his re-election campaign.Dr. Saraki, who is the campaign director for the Peoples Democratic Party (PDP) presidential candidate Atiku Abubakar, condemned what he called the stifling of financial institutions from supporting political campaigns.Buhari spoke after of the Federal Executive Council (FEC) meeting. Sarak
read more…

Buhari may not extend IGs tenure despite pressure
Thu, 10 Jan 2019
Despite pressure from lobbyists, there were strong indications last night that President Muhammadu Buhari may not extend the tenure of Inspector-General of Police Ibrahim Idris.It was learnt that the IGP might be directed to hand over to the most senior Deputy Inspector-General of Police next week.It was, however, unclear if an Acting IGP will oversee the security arrangement for the conduct of the general elections in February and March.Idris, who was born on January 15, 1959, will next week hi
read more…

FEC okays four new private universities
Thu, 10 Jan 2019
THE Federal Executive Council (FEC) yesterday approved the establishment of four new private universities.Minister of Education, Adamu Adamu, stated this while briefing State House correspondents at the end of the first FEC meeting for the year chaired by President Muhammadu Buhari at the Presidential Council, Abuja.The new universities, according to him, are Greenfield University, Kaduna, Dominion University, Ibadan, Oyo State, Trinity University, Ogun State and Westland University in Iwo, Osun
read more…

Pdp aspirants back Agbaje
Thu, 10 Jan 2019
Former aspirants who lost in the Peoples Democratic Party (PDP) primaries to pick candidates for the various elective offices have thrown their weight behind the Lagos State governorship candidate, Mr. Jimi Agbaje.A statement issued by the Jimi Agbaje Campaign Organisation (JACO) stated that the decision was reached at a stakeholders parley between Agbaje and the aspirants.Although they expressed reservations regarding the outcome of the primary and the unjust substituting of some of the names o
read more…

I will not repeal the anti-open grazing lawBenue APC flag bearer
Thu, 10 Jan 2019
The governorship candidate of the All Progressives Congress (APC) in Benue State, Emmanuel Jime, has indicated that he has no plans to repeal the states law prohibiting open livestock grazing, contrary to the propaganda in some quarters that he is sponsored by certain groups opposed to the law.He stated this at a thanksgiving service and reception organised in his honour at NKST Central, Zaki Biam. Jime told the people that he heard very clearly their cries as expressed by Solomon Wombo. He assu
read more…

PDP urges Plateau people to vote out Lalong for poor performance
Thu, 10 Jan 2019
The Chairman of the Peoples Democratic Party (PDP), Plateau State chapter, Mr. Damishi Sango, has urged the electorate in the state to vote out the incumbent Governor Simon Lalong and the ruling All Progressives Congress (APC) for poor performance.Sango who made the call while addressing party supporters at the flag off of its governorship campaign at the Mangu mini stadium also called on the electorates to vote massively for the return of PDP.Sango said: APC is a strange party in Plateau State
read more…

Group: Bindow will win
Thu, 10 Jan 2019
A group, the Home Front, has urged the All Progressives Congress (APC) in Adamawa State to gird their loins ahead of the general elections.The group is mobilising support for the re-election bid of President Muhammadu Buhari and Governor Mohammed Jibrilla Bindow.The group said the post-primary crisis will soon be over and that members should be optimistic about the prospect of unity.It said the president and the governor deserve second terms, based on their performances.Its coordinator, Wafarniy
read more…

Atiku storms Kogi, promises economic revival
Thu, 10 Jan 2019
The Peoples Democratic Party (PDP) presidential flag bearer and former vice president, Alhaji Abubakar Atiku, made a stopover in Lokoja, Kogi State, ahead of next months election. JAMES AZANIA was on the trail.The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Abubakar Atiku has part of his campaign trail stopped in the Kogi State capital, Lokoja, to win more Nigerian to his side ahead of the crucial 2019 general election.He said that he would redirect the country towards i
read more…

I will defeat APC, PDP- Moghalu
Thu, 10 Jan 2019
Prof. Kingsley Moghalu, the presidential candidate of the Young Progressives Party (YPP) says he would defeat the All Progressives Congress (APC) in Feb. 16 presidential poll.Moghalu, at a town hall meeting tagged The Candidates organised by the MacArthur Foundation in collaboration with NTA and DARIA media in Abuja, expressed confidence that he would emerge president.He said that Nigerians were tired of recycled politicians and that the Peoples Democraric Party (PDP) was not an option.We will d
read more…

Ill make Nigeria modern nation, if elected Moghalu
Thu, 10 Jan 2019
Kingsley Moghalu, the Presidential candidate of the Young Progressives Party (YPP), has said that his party will make Nigeria a modern nation by driving the economy through innovation, if voted into power.Moghalu made the promise on Wednesday in Abuja at a town hall meeting organised by the Nigeria Television Authority (NTA) and Daria Media with support from the MacArthur Foundation.He said it was unfortunate that many innovations in the country could not see the light of the day.The town hall m
read more…

ALGON lobbies for passage of autonomy bill
Thu, 10 Jan 2019
The Association of Local Governments of Nigeria (ALGON) has urged the National Assembly and State Houses of Assembly to hasten process of passing the Local Government Autonomy bill into law.Chairman communiqu committee, Ahmed Isyaku, stated this during the Associations End of Maiden Conference in Abuja.According to Isyaku, the needs to have local government autonomy and the desire of the 774 local government councils of to have a unified body prompted the convergence of local government vice cha
read more…

Lassa Fever: Edo warns against self-medication
Thu, 10 Jan 2019
The Edo State Government has warned residents of the state, especially those in areas where Lassa Fever is endemic, against self-medication, urging them to visit medical centres for proper diagnosis when they feel feverish.In a statement, Special Adviser to the State Governor on Media and Communication Strategy, Mr. Crusoe Osagie, said that the state government is stepping up awareness of Lassa Fever to mitigate the resurgence of the ailment in the state.He urged residents in the state to desist
read more…

Group launches door-to-door campaign for Sanwo-Olu
Thu, 10 Jan 2019
A group, Babajide Sanwo -Olu Support Group (BOSS-G), has launched a neighbourhood campaign to rally support for Lagos State All Progressive Congress (APC) governorship candidate Babajide Sanwo-Olu.Its president Abiola Falayajo said at inauguration of the campaign that the group is self-sponsored.He also stated members were not out for personal gains but want Lagosians to benefit from the private sector and public service experiences of Sanwo-Olu.We are not expecting any personal reward because m
read more…

Falz, others react as Adekunle Gold, Simi wed
Thu, 10 Jan 2019
Musicians Folarin Falz Falana and Ric Hassani have joined fans to react to the ongoing wedding between Adekunle Gold and Simisola Ogunleye.News of the wedding between the two music stars broke on Wednesday morning causing a frenzy on social media.Reacting to the news, Falz shared a video (gif) of a young girl with tears running down her cheeks on his Twitter page @Falzthebahdguy which fans found funny.At the time of this report, Adekunle Gold, Simi and Falz are the top three trends on Twitter as
read more…

300 guests for Adekunle Gold, Simis wedding
Thu, 10 Jan 2019
Singers, Adekunle Gold and Simi are reportedly set to wed three weeks after their secret wedding introduction in Lagos.The lovebirds had their secret wedding introduction recently.The gist which is currently trending on various social media platforms on Wednesday has it that the event will kick-off with the traditional marriage.Read Also:Don Jazzy says Mavin Records label doing fineWhile their white wedding has been scheduled to hold on Jan. 10, with only 300 lucky invited guests billed to witne
read more…

NSE demotes Nigerian Breweries to medium stock
Thu, 10 Jan 2019
The Nigerian Stock Exchange (NSE) yesterday relegated Nigerian Breweries from its special status of high-priced stock to medium-priced stock, after the leading brewers slipped below the requirement for continuing recognition as high-priced stock.In a circular, the Exchange indicated that the review of Nigerian Breweries price trade activity over the most recent six months provided the basis for the reclassification of the company from high-priced stock to medium-priced stock.The NSE classifies q
read more…

Group tags bamboo the forgotten climate solution
Thu, 10 Jan 2019
The International Bamboo and Rattan Organisation (INBAR) has tipped bamboo as having huge potential to mitigate climate change.Its Director-General, Hans Friederich, who disclosed this at the recently concluded United Nations Climate Change Conference (COP24) in Katowice, Poland, where the organisation promoted the use of bamboo and rattan as existing solutions to climate change, environmental degradation and poverty, said natural climate solutions can deliver over 35 per cent of cost-effective
read more…

World Bank projects 2.2% GDP growth for Nigeria in 2019
Thu, 10 Jan 2019
Nigerias real Gross Domestic Product (GDP) growth will expand by 2.2 per cent in 2019, the World Bank said in its annual Global Economic Prospects published yesterday. The global lender slightly upgraded the Nigerias projected growth rate from 2.1 per cent in June 2018.According to the World Bank, growth in Sub-Saharan Africa would accelerate to 3.4 per cent in 2019, due to improved investment in large economies together with continued robust growth in non-resource intensive countries.Per capita
read more…

2019 budget financing: Egina, others offer succour
Thu, 10 Jan 2019
Nigeria may not find it difficult to finance the N8.7trillion 2019 budget contrary to analysts and industry stakeholders view. The rise in crude oil output by 200,000 barrels per day (bpd) from Egina field alone and other oil recoveries, according to former Managing Director, Nigeria Liquefied and Natural Gas (NLNG) Mr. Godswill Ihetu, will come handy.The 200,000 barrels per day production from the Egina facility, Ihetu said, is a good omen to Nigeria, especially as oil price has begun to rise a
read more…

BUA, CBMI to build new 3MMT plant
Thu, 10 Jan 2019
After the listing of shares from the almost $1 billion merger between BUA Kalambaina Cement Company and Cement Company of Northern Nigeria, where BUA assumed the stakes in the enlarged company, the BUA Group has announced that it has signed another contract with CBMI, a cement manufacturing company, for the construction of a new three million metric tonnes per annum, Kalambaina Cement Line two in Sokoto State.This is coming on the heels of the completion of another three million per annum (MTPA)
read more…

Meter providers seek single digit interest rate
Thu, 10 Jan 2019
To help them achieve their goal, Meter Asset Providers (MAPs) have appealed to the Central Bank of Nigeria (CBN) for a single digit interest rate at which they can get loans.In an interview with The Nation, Unistar Hi-tech System Limited Managing Director, Mr. Taiwo Oladotun, said the development became necessary to enable them bridge the metering gap.Oladotun whose firm is one of the indigenous meter manufacturers, said the decision to seek CBNs intervention was paramount in view of the huge fu
read more…

Deregulationll unlock oil sectors potential
Thu, 10 Jan 2019
Stakeholders in the economy, especially the oil and gas sector, have renewed the push for total deregulation of the downstream oil industry. Their worry is that the huge foreign exchange (forex) spent on fuel importation through subsidy has become outrageous as it depletes the national treasury, denies critical sectors and infrastructure of funds and, most importantly, fuels jobs exportation. EMEKA UGWUANYI reports.Stakeholders in oil and gas industry are of the opinion that total deregulation o
read more…

KEDCO plans 20 per cent loss cut to meet N48b target
Thu, 10 Jan 2019
The Kano Electricity Distribution Company (KEDCO) has perfected plans to cut Aggregate Technical, Commercial and Collection (ATC&C) losses to less than 20 per cent this year, its Managing Director Dr Jamilu Gwamna, has said.Gwamna, who spoke while interacting with reporters in Kano, that it would be difficult to meet the N48 billion target of the firm, if such losses were not reduced to 20 per cent. The company, he said, was committed to blocking all the loopholes to achieve the desired resu
read more…

Oil, gas outlook unpredictable this year
Thu, 10 Jan 2019
AN expert, John Adidi said there is likely not to be any remarkable price increase in oil and gas this year, because of instability in the market.He advised the government to review the 2019 budget, which is based on $60 per barrel benchmark, pointing out that oil price is lower than the benchmark. The government, he said, should review the volume and value forecast before the budget is passed by the National Assembly.The budgeted 2.3million barrels of oil daily, he said, did not consider the Or
read more…

CCNN poised for better returns, says Rabiu
Thu, 10 Jan 2019
Chairman, Cement Company of Northern Nigeria (CCNN) Plc, Alhaji Abdul Samad Rabiu, has said the recent business combination between CCNN and Kalambaina Cement Company has positioned CCNN to deliver improved performance in the years ahead.Rabiu, founder and Chief Executive Officer of BUA Group, was honoured with beating of the closing gong yesterday at the Nigerian Stock Exchange (NSE) in commemoration of the successful completion of the CCNN-Kalambaina Cement merger. The listing of the shares of
read more…