Today’s Punch Newspaper Headlines, Tuesday 15th January 2019

Today’s Punch Newspaper Headlines, Tuesday 15th January 2019

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YCE, Ohanaeze, SMBL knock FG as court stops CJNs trial
Tue, 15 Jan 2019

BUY OR SELL OLD AND NEW CARS, PARTS, CAR MATERIALS AS CAR MART NG LAUNCH IN NIGERIA

The Federal High Court in Abuja on Monday stopped the Federal Government’s arraignment of the Chief Justice of Nigeria, Justice Walter Onnoghen, before the Code of Conduct Tribunal on charges of non-declaration of assets.

But as the case was going on in Abuja, more groups including the Yoruba Council of Elders, Ohanaeze Ndigbo, Southern and Middle Belt Forum and the Socio-Economic Rights and Accountability Project, came hard on the Federal Government for planning to plunge the country into crisis with the CJN’s trial.

The groups stated this on Monday while commenting on the arraignment of Justice Onnoghen on charges of non-declaration of assets.

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They said the way the matter was being handled could plunge the nation into anarchy, saying due process must be followed so that the President Muhammadu Buhari administration would not be seen as being desperate to ease out the CJN.

However, ruling on two separate ex parte applications brought before her by different groups, Justice N.E. Maha, made an order restraining the Attorney-General of the Federation, Mr. Abubakar Malami, the CCT and its chairman, Danladi Umar; the Code of Conduct Bureau, the Inspector-General of Police, Mr. Ibrahim Idris; and others from taking steps in respect of the case till January 17.

Also restrained from taking steps concerning the court order were the National Judicial Council and the Senate President, Dr Bukola Saraki.

The judge ordered that the defendants be served with the processes filed by the defendants in the two suits.

She ordered the defendants to appear in court on January 17 for the hearing of the separate applications for interlocutory injunction to stop the prosecution from proceeding with the planned trial of the CJN.

She ruled in respect of the application filed by the incorporated trustees of the International Association of Student Economists and Management, on Monday, “It is hereby ordered as follows:

“That the defendants shall be served with all the processes filed in this suit and shall appear on January 17, 2019 for the hearing of the motion on notice.

“That in the meantime, parties shall maintain the status quo that exists as of today, January 14, 2019 and shall not take any steps that will interfere with the res or subject matter of the suit pending the hearing and determination of the motion on notice.

“That the matter is adjourned till January 17, 2019 for hearing.”

The Federal Government, had through the Code of Conduct Bureau, on Friday, January 11, filed six counts of non-declaration of assets against the CJN.

Justice Onnoghen was due for arraignment before the CCT on Monday but he was absent.

His absence, which his defence team led by Chief Wole Olanipekun (SAN), anchored on faulty service on court summons on him and their motion challenging the CCT’s jurisdiction, forced the tribunal to adjourn till January 22.

While the CCT proceedings were ongoing on Monday, the plaintiffs who obtained an order against the proceedings were filing their papers before the Federal High Court in Abuja.

Shortly after the filing, the matters were assigned to Justice Maha who heard the plaintiffs at about the time the CCT was concluding its Monday’s proceedings.

One of the two suits marked FHC/ABJ/CS/27/2019 was filed before the judge by incorporated trustees of the Centre for Justice and Peace Initiative.

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Im planning PDPs victory in South-East with Obi, governors Ekweremadu
Tue, 15 Jan 2019
Sunday Aborisade, Abuja The Deputy President of the Senate, Ike Ekweremadu, has expressed his commitment to the victory of the Peoples Democratic Party and its presidential candidate, Atiku Abubakar, in the forthcoming general elections. Towards this end, Ekweremadu, on Monday, said he had held separate meetings with the vice-presidential candidate of the party, Peter Obi,
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EFCC arraigns Okupe on N702m fraud, money laundering
Tue, 15 Jan 2019
Adelani Adepegba, Abuja The Economic and Financial Crimes Commission on Monday arraigned Doyin Okupe, a former senior special assistant to former President Goodluck Jonathan, for N702m money laundering. He was arraigned on a 59-count charge of money laundering and criminal diversion of funds before Justice Ijeoma Ojukwu of Federal High Court in Maitama, Abuja, with
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Hijab crisis hits LAUTECH school, 50 locked out
Tue, 15 Jan 2019
Ademola Babalola, Ibadan The crisis over the use of Hijab by female Muslim students has spread to the Ladoke Akintola University of Technology International School in Ogbomoso, Oyo State. It was gathered that about 50 students who went to school in hijab on Monday morning, were either locked out or asked to remove it. An
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Nobody can turn Buhari against me Amosun
Tue, 15 Jan 2019
Tunji Bosun, Abeokuta Ogun State Governor Ibikunle Amosun hassaid that nobody can turn President Muhammadu Buhari against him. Amosun said this at Kajola ward in Obafemi Owode local council in continuation of his campaign to win the Ogun Central Senatorial poll. He said the moves by some politicians to pit him againstBuhari would not succeed.
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Piracy: Russian, Nigerian authorities search for abducted seamen
Tue, 15 Jan 2019
Anna Okon The Russian Embassy in Nigeria is collaborating with the government to track down the location of crew members taken hostage from the MSC Mandy near the coast of the Republic of Benin between January 1 and 2. Our correspondent gathered that the Mediterranean Shipping Company was setting up a team to negotiate with
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Choosing payment methods
Tue, 15 Jan 2019
It is important to consider what payment methods you will offer when you start your business. Review them regularly to see if you are keeping up with your customers payment preferences and if you are meeting their needs, according to www.business.gov.au. This is an important aspect of ensuring you manage the cash flow of your
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Privatisation: Eleven firms jostle to run Ajaokuta steel
Tue, 15 Jan 2019
Everest Amaefule, Abuja At least more than 11 private firms are currently jostling to take over the Ajaokuta Steel Complex, the Minister of State for Mines and Steel Development, Mr Abubakar Bwari, has said. Bwari said this at the presentation of the ministrys three-year stewardship account in Abuja on Monday. Although he didnt give the
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Boko Haram: Dickson offers fallen pilots widows automatic employment
Tue, 15 Jan 2019
Samuel Nkemakolem, Yenagoa Bayelsa State Governor Seriake Dickson has offered automatic employment to the widows of the two Bayelsa-born pilots who died defending the country against Boko Haram fighters in the North-East. Lieutenant Pereowei Jacob died in a helicopter crash in Damasak, Borno State, on January 2, 2019 while Flight Lieutenant Ebitimi Owei died in
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CBN moves to achieve 80% financial inclusion target
Tue, 15 Jan 2019
Nike Popoola National Financial inclusion stakeholders in Nigeria, led by the Central Bank of Nigeria, plan to converge for the launch of key policy documents aimed at facilitating the attainment of the financial inclusion target of 80 per cent by 2020. In a statement from the CBN on Monday, the policy documents to be unveiled
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FG, states borrowed N1.28tn from stock market in 2018
Tue, 15 Jan 2019
Capital raised by firms falls by 39% Femi Asu and Feyisayo Popoola The Federal Government dominated capital raising activity last year as it borrowed a total of N1.16tn in a bid to finance fiscal and infrastructure deficits, while state governments raised N125.59bn in new debt capital. The Chief Executive Officer, NSE, Mr Oscar Onyema, who
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Land Use Act put Nigeria in $300bn debt
Tue, 15 Jan 2019
Tare Youdeowei The presidential candidate of the Young Progressives Party, Prof. Kingsley Moghalu, has said that the countrys Land Use Act has created a debt profile of $300bn for the country, as such, should be repealed. He made this known at a town hall meeting with presidential candidates on the state of the housing market,
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Gencos threaten to shut down power plants
Tue, 15 Jan 2019
Femi Asu Electricity generation companies in the country have said they will be forced to shut down their power plants if the challenges facing them are not addressed. The Association of Power Generation Companies, the umbrella body for the Gencos, said on Monday that the recent decline in available generation capability could be traced to
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Trading disrupted as NSE suffers technical fault
Tue, 15 Jan 2019
Femi Asu Trading on the Nigerian Stock Exchange suffered a four-hour delay on Monday following a technical glitch. The Head of Shared Services Division, NSE, Mr Bola Adeeko, who disclosed this in an emailed statement, said the glitch was resolved and market transactions continued at 1:45p.m. He said due to the lost trading time, a
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Nigeria needs more dams to check flooding NIHSA
Tue, 15 Jan 2019
Okechukwu Nnodim, Abuja The Nigeria Hydrological Services Agency on Monday declared that there was a need for more smaller dams in strategic locations across the country in order to prevent flooding during the raining season. It also stated that for about 40 years, Nigeria could not build the Dasin-Hausa dam in Adamawa State to cushion
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Investors fears over elections to fade in February Analysts
Tue, 15 Jan 2019
Feyisayo Popoola Analysts at Meristem Securities Limited have said the apprehensions that investors have about the forthcoming elections are expected to fade in February. In a report, titled, Resilience in vulnerability, the analysts said they expected 2019 to be driven by similar factors that shaped 2018 but with a slight twist. According to the report,
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Exploring business opportunities in Malay apple farming
Tue, 15 Jan 2019
Okechukwu Nnodim, Abuja The most common apples consumed in Nigeria are mainly from South Africa, North America and Europe, and they are mainly temperate or meditteranean apples. However, agronomists say there is a unique tropical apple type popularly known as Malay apple that is now produced in Nigeria. This apple is still relatively new in
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SDP condemns TraderMoni as PDP warns against vote buying
Tue, 15 Jan 2019
Ademola Babalola and David Olorunsogo The Social Democratic Party in Oyo State has condemned the TraderMoni scheme of the ruling All Progressives Congress, describing it as a ploy to hoodwink voters into another four years of suffering. The SDP governorship candidate in the state, Chief Bolaji Ayorinde (SAN), at the commencement of his campaign in
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Share consolidation almost completed, says C&I Leasing
Tue, 15 Jan 2019
Feyisayo Popoola C&I Leasing Plc has said its share consolidation exercise is almost complete. The Nigerian Stock Exchange placed a full suspension on trading in the companys shares to facilitate the ongoing share capital reconstruction. The suspension was supposed to be in place for two weeks, from December 13 to 27, during which there would
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Banks to lose 18-month interest on marketers subsidy debts
Tue, 15 Jan 2019
Femi Asu The Central Bank of Nigeria has asked Deposit Money Banks to forgo the interest charged on petrol subsidy-induced loans advanced to oil marketers from June 2017 to December 2018, our correspondent has learnt. The CBN was said to have conveyed the message to banks in a meeting with them and marketers last month,
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Keeping proper accounting records in business
Tue, 15 Jan 2019
HMRC expect you as a practice owner to maintain proper accounting records and there are financial penalties if such records are not kept and regularly updated. Keeping accounting records means three things: Setting up adequate records in the first place, maintaining them throughout the year and retaining them for as long as necessary, according to
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1,000 communities to get Chinese govts free digital TVs
Tue, 15 Jan 2019
Everest Amaefule, Abuja A total of 1,000 Nigerian villages are to benefit from free access to digital televisions from the Chinese government. The Chief Executive Officer of StarTimes Nigeria, Justin Zhang, disclosed this at the inauguration of the project at Kpaduma village, a suburb of the Federal Capital Territory, on Monday. Zhang said that out
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New Looks debt plan drags Braits share price lower
Tue, 15 Jan 2019
Shares in South African investment firm, Brait, plunged more than 20 per cent on Monday after its British fashion chain, New Look, announced a deal with creditors to cut 1 billion pounds ($1.3bn) off its debts, in its latest turnaround attempt. The deal, including a debt for equity swap, will see Braits stake fall from
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INEC uncovers new methods of vote-buying
Tue, 15 Jan 2019
Bola Bamigbola, Osogbo The Independent National Electoral Commission on Monday said it had discovered new methods to be used by some politicians to buy votes in the forthcoming general elections. Speaking at an interactive session with traditional rulers in in Osun State, the INEC National Commissioner, Mr Festus Okoye, however warned that any politicians caught
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Fintech network to promote cross-border regulation in Africa
Tue, 15 Jan 2019
The Africa Fintech Network, which comprises national fintech associations from different African countries, says it plans to unify and channel African fintech initiatives towards producing solutions to drive indigenous creativity and innovation in the continent. According to a statement on Monday, the network was inaugurated recently during the opening session of the maiden Africa Fintech
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Naira gains marginally against dollar at parallel market
Tue, 15 Jan 2019
The Naira, on Monday, gained 50 kobo against the dollar to close at N360. According to the News Agency of Nigeria, the Pound Sterling and the Euro traded at N462 and N411, respectively. At the Bureau De Change segment, the dollar was sold at N360, while the Pound Sterling and the Euro traded at N462
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Dont look for jobs, Aregbesola tells students
Tue, 15 Jan 2019
Bola Bamigbola, Osogbo Former Osun State governor, Mr Rauf Aregbesola, on Monday told graduating students of Fountain University, Osogbo, not to look for jobs after graduation, except teaching. Aregbesola, who spoke at the 8th convocation of the university, where he was honoured with a doctorate in science, said the gradaunds should think of being self-employed
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Minimum Wage: Were monitoring NASS, says NLC
Tue, 15 Jan 2019
Olufemi Atoyebi, Abuja The Nigeria Labour Congress has said it is awaiting the transmission of an executive bill on the new minimum wage from the Presidency to the National Assembly. There has been fear of fresh crisis in the negotiation between the organised labour and the Federal Government on the new minimum wage. The fear
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Onnoghens trial is impunity at highest level Ortom
Tue, 15 Jan 2019
John Charles, Makurdi Benue State Governor, Samuel Ortom, on Monday condemned the planned arraignment of the Chief Justice of Nigeria, Walter Onnoghen, describing it as the highest level of impunity. He also declared a statement by the Senior Special Assistant on Media and Publicity to the President, Garba Shehu, as a confirmation that a cabal
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Lagos begins sale of screening test forms
Tue, 15 Jan 2019
Tare Youdeowei The Lagos State Examinations Board has commenced the sale of screening test forms for the 2019/2020 academic session. The boards Director, Mr Oluwafemi Hassan, said this in a statement by the boards Head of Public Affairs Unit, Mr Bakare Fatai, on Monday. Hassan also said the sale of forms, which began on January
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How Nigeria can grow like China, Japan
Tue, 15 Jan 2019
Ademola Babalola, Ibadan A retired Chief of Account and Budget of the Nigerian Army, Abdulai Muraina, has said Nigeria has a lot to learn from China and Japan to emerge as one of the best economies in the world. Muraina, a retired general, at a luncheon held in his honour by the Central Council of
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Lamido, others appointed Atikus advisers
Tue, 15 Jan 2019
Success Nwogu, Abuja The Peoples Democratic Party on Monday said it had appointed technical advisers to its presidential candidate, Atiku Abubakar. The PDP National Publicity Secretary, Kola Ologbondiyan, in a statement, said the advisers were Mallam Sule Lamido; Senator Ahmed Makarfi; the Speaker of the House of Representatives, Yakubu Dogara; and the Deputy Senate President,
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INEC releases guidelines for elections
Tue, 15 Jan 2019
The Independent National Electoral Commission on Monday released the regulations and guidelines for the conduct of the general elections. The 33 pages document obtained by the News Agency of Nigeria in Abuja said Smart Card Readers (SCRs) and Permanent Voter Cards would be used for the forthcoming elections. Voting shall be in accordance with the
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JCI seeks outstanding young persons
Tue, 15 Jan 2019
Tare Youdeowei The Junior Chamber International Nigeria, an international non-profit organisation, has called for nominations for its Ten Outstanding Young Persons Award. This was made public by the 2019 JCIN TOYP committee Chairman, Oluwatosin Ligali, who said nominations were welcomed from members and non members of JCI. Ligali said, The JCI TOYP serves to formally
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PCU admits pioneer students
Tue, 15 Jan 2019
Ademola Babalola, Ibadan Precious Cornerstone University, Ibadan, Oyo State, has admitted its pioneer students into degree programmes in the institution. The faith-based university admitted 90 students who the Pro-Chancellor of the university, Dr Bayo Adegoke, said would be moulded into generals in the Lords army. This was made known during a welcome party held to
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UNILAG 86 accounting set institutes academic prize
Tue, 15 Jan 2019
The 1986 set of the Department of Accounting at the University of Lagos has said that it would institute an academic prize to promote scholarship among students of the department. The pioneer Chairman of the association, Alhaji Tajudeen Amodu, disclosed this at a reunion held in Lekki, Lagos. Amodu explained that the prize would be
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Gusau varsity gets new registrar
Tue, 15 Jan 2019
Adeniyi Olugbemi, Sokoto The Federal University, Gusau, Zamfara State, has appointed Malam Yakubu Anivbassa as the new Registrar of the institution. Anivbassa was appointed after interviews conducted for applicants by the universitys Governing Council during its 12th meeting held on December 10, 2018. The appointment was confirmed in a letter issued to Anivbassa on January
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Money laundering: Akinjide seeks courts permission for foreign trip
Tue, 15 Jan 2019
Oladimeji Ramon The Federal High Court in Lagos has adjourned till January 28, 2019 to hear an application by a former Minister of the Federal Capital Territory, Jumoke Akinjide, praying for the release of her passport. Akinjides lawyer, Chief Bolaji Ayorinde (SAN), told the court on Monday that his client, who is being tried for
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Delta moves to provide standard medical facilities
Tue, 15 Jan 2019
Ochei Matthew, Asaba Delta State Government has signed a Memorandum of Understanding and a Renovate, Operate and Transfer agreement with a consortium of medical service providers, under the aegis of Pharmaccess, for five years. At the MoU/ROT signing ceremony in Asaba on Monday, the Director-General of the Delta State Contributory Health Commission, Dr Ben Nkechika,
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Buhari mourns Ekiti crash casualties
Tue, 15 Jan 2019
John Ameh, Abuja President Muhammadu Buhari said on Monday he was saddened by the loss of many lives in a road accident, which occurred in Ekiti State on Saturday. Spokesman for the Ekiti State Police Command, Caleb Ikechukwu, confirmed that 12 persons died in the auto crash. However, reports claimed 15 persons perished the accident.
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Egbeyemi laments high drug consumption in Ado Ekiti
Tue, 15 Jan 2019
Abiodun Nejo, Ado Ekiti Ekiti State Deputy Governor Bisi Egbeyemi has lamented the high consumption of hard drugs, including Indian hemp, in some parts of the state capital, Ado Ekiti. Egbeyemi, who named some of the areas as Atikankan, Oke Ila, Odo Ado, Idemo and Iworoko Road, said the development was unacceptable. The deputy governor
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Clean-up: Were still drinking contaminated water, say Ogoni elders
Tue, 15 Jan 2019
Chukwudi Akasike, Port Harcourt ELDERS of Ogoniland have accused the Federal Government of failing to follow the recommendations of the United Nations Environment Programme on the clean-up of Ogoniland, lamenting that the people were still drinking contaminated water due to pollution. The elders, who spoke under the aegis of the Ogoni Elders Forum, recalled that
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Alleged N1.4bn fraud: CJ transfers NBA President Usoros case
Tue, 15 Jan 2019
Oladimeji Ramon The Chief Judge of the Federal High Court, Justice Adamu Abdu-Kafarati, has granted the request by the President of the Nigerian Bar Association, Mr Paul Usoro, for a change of judge in the N1.4bn fraud charges filed against him by the Economic and Financial Crimes Commission. It was learnt on Monday that following
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<span class=”__cf_email__” data-cfemail=”c98a899a”>[emailprotected]</span> (Ayo Ni) unfolds burial plans for Awode
Tue, 15 Jan 2019
The Cherubim & Seraphim Movement Church (Ayo Ni) has unfolded the burial plans for its Chairman/General Leaders of Cherubim & Seraphim Movement Church (Ayo Ni), Victory District Headquarters, Ikorodu, Lagos, Special Apostle Dickson Awode. He died on December 18, 2018 at the age of 81. This was contained in a statement issued by the church
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LASU suspends remittance of ASUU members check-off dues
Tue, 15 Jan 2019
The Lagos State University has suspended the remittance of check-off dues for lecturers who are members of the Academic Staff Union of Universities. The university Spokesman, Mr Ademola Adekoya, made this known to the News Agency of Nigeria on Monday in Lagos. Adekoya said that the remittance of the check-off dues into the unions bank
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Group commends female presidential candidates
Tue, 15 Jan 2019
Oladimeji Ramon A group, Women in Management, Business and Public Service, has commended the courage of the women who joined this years presidential race. It said the female presidential candidates were out to ensure better representation for women in the decision-making circles of the nation. A statement by the group on Monday read in part,
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No plan to increase fees AAUA
Tue, 15 Jan 2019
Peter Dada, Akure The management of the Adekunle Ajasin University, Akungba Akoko in Ondo State, has denied some social media reports that claimed the institution had increased its fees. The institution described the reports as untrue and mischievous, saying there was no plan by the university to increase the fees. According to a source, the
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Alleged falsehood: Melayes absence stalls trial
Tue, 15 Jan 2019
The absence of Dino Melaye in court on Monday stalled his trial before Justice Olasumbo Goodluck of the Abuja Federal High Court. Melaye, the senator representing Kogi-West in the National Assembly, is facing a two-count charge bordering on giving false information to the police. The prosecuting counsel, Mr Shuaib Labaran, had arraigned Melaye, allegedly for
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Varsities should do more to hold leaders accountable Don
Tue, 15 Jan 2019
A lecturer at the University of Lagos, Prof. Timothy Nubi, has called on universities to take their place in nation-building by organising programmes that will hold leaders accountable. Nubi, who is the founding Director of the Centre for Housing and Sustainable Development at UNILAG, made the statement in an interview with the News Agency of
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