Today’s The Nation Newspaper Headlines Wednesday 8th May 2019

Today’s The Nation Newspaper Headlines

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AfDB, Fidelity Bank seal $15.35b deal to fund MSMEs
Wed, 08 May 2019
The African Development Bank (AfDB) has extended a $50 million (about N15.35 billion) facility to Fidelity Bank Plc for the growth of Micro Small and Medium Enterprises (MSMEs).The facility is designed to boost the banks capacity to promote the growth of the MSMEs segment of the economy.At the agreement-signing yesterday in Abuja, it was revealed that the facility will be dedicated to financing the MSMEs and a minimum of 30 per cent of the entire financial package will be devoted to wholly women
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BUY OR SELL OLD AND NEW CARS, PARTS, CAR MATERIALS AS CAR MART NG LAUNCH IN NIGERIA

Ex-ministers! Druggage; Niger Bridge
Wed, 08 May 2019
President Buhari, welcome. Issue All change to ministers -good or bad- go, while EFCC must initiate forensic investigations for the corrupt Judases. Nothing personal, just a common sense change presidential anticorruption strategy. We have good new people- new minister materials to serve Nigeria 2019-2023. No one is indispensable.Internally Displaced Persons (IDP) are suffering too much abuse, rape, deprivation, uncertainty, financial and infrastructural menaces. Government wake up, serve your p
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Zainabs case as eye opener
Wed, 08 May 2019
For ardent practitioners of the different faiths in Nigerias religious landscape, there are sacred rites that sometimes take the faithful outside the country on journeys to holy sites around the world in adherence to religious duty or personal fulfillment. While the Christians go to Jerusalem in Israel, Muslim faithful converge in Mecca, Saudi Arabia, periodically. The mindset of worshippers at these times is often one of sober reflection, in preparation for communion with God.However, one Musli
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Police shake-up coming to stem rising crime wave
Wed, 08 May 2019
A massive shake-up is imminent in the police, it was learnt yesterday.News of the re-organisation was broken at a three-hour meeting of Acting Inspector-General (IG) Mohammed Adamu with senators at the National Assembly.IG Adamu was invited last weekend by the Senate to brief the Red Chamber on what the police have done to stop killings, kidnapping, banditry, terrorism and other crimes.The police boss was said to have told the senators that the recent redeployment of top officers were part of ef
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Buhari seeks help to end Boko Haram
Wed, 08 May 2019
President Muhammadu Buhari yesterday approached the United Nations (UN) for help in his battle to make the country safe for all.He urged the world body and the international community to support the Federal Government in addressing the insecurity that has become a major concern to all.The President decried the prevailing condition of Internally Displaced Persons (IDPs) at the various camps across the troubled states.Buharis plea came on a day the UN poured cold water on Nigerias bid to take a pe
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Alleged forgery: Court grants Adeleke N2m bail
Wed, 08 May 2019
OSUN State Peoples Democratic Party (PDP) candidate in last years governorship election, Senator Ademola Adeleke, was yesterday granted a N2 million bail. He was arraigned by the police before a Magistrate Court in Mpape, Abuja on a fresh five-count charge.In the new charge, the senator is accused of making false claims in respect of his academic credentials and forging same.He is also accused of submitting the said forged credentials to the Independent National Electoral Commission (INEC) when
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75,020 pupils to benefit as Osinbajo launches feeding programme in Ekiti
Wed, 08 May 2019
Vice President Yemi Osinbajo yesterday launched the National Home Grown School Feeding Programme tagged Ekiti-Kete School Meal in Ado-Ekiti, the state capital.With the launch, Ekiti became the 31st state to commence the Federal Government initiative.According to Prof Osinbajo, 75,020 pupils in all the public primary schools across the state would be fed once daily; adding that the programme will not only increase school attendance and enrolment but checkmate malnutrition among pupils.Explained t
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Youths to El-Rufai: our godfather is progressive
Wed, 08 May 2019
THEYoruba Council of Youths Worldwide has warned Kaduna State Governor Nasir el-Rufai to desist from acts that could earn him disgrace from the Yoruba nationAddressing reporters in Lagos, the councils president, Aremo Oladotun Hassan, said the statement credited to el-Rufai saying he would teach Lagosians how to end Godfatherism was abysmally insulting.Hassan queried why the governor would leave his Kaduna State, which is under intense insecurity and fears.He said el-Rufai lacked the credibility
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Dumping dirty banknotes, saving businesses
Wed, 08 May 2019
Torn and smelly banknotes have been in the banking system for long. Banks have kept recycling the notes to save sorting costs without considering the implications to the financial system and customers businesses. The clean note policy and banknote fitness guidelines unveiled by the Central Bank of Nigeria (CBN) is expected to reverse the trend as nearly N7.9 trillion pieces of unfit notes will be withdrawn from circulation. COLLINS NWEZE examines what it takes to rid the economy of such notes.ED
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PCRC sets up conference committees
Wed, 08 May 2019
The Lagos State chapter of the Police Community Relation Committee (PCRC) has constituted a five-man committee to ensure a hitch-free 2019 conference.The Conference Committee members are: Mr Akibu Bankole Chairman, Mr Jude Udoh, First Vice-Chairman, Alhaja Nurat Adebayo, Second Vice-Chairman, Rev. Francis Osibowale Secretary and Chief B.R.O, Balogun Coordinator.Speaking after the inauguration yesterday, the state Chairman of PCRC, Apostle Kehinde Showemimo, advised members of the committee to
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Fed Govt charges NFF President Amaju Pinnick with $8,400, N4bn fraud
Wed, 08 May 2019
The Federal Government has charged the President of the Nigeria Football Federation (NFF), Amaju Pinnick and four others with an alleged misappropriation of $8,400 belonging to the football body.In a 17-count charge, marked, FHC/ABJ/CR/93/2019, filed before the Federal High Court in Abuja yesterday, the money was said to have been paid by the Fdration Internationale de Football Association (FIFA) to the NFF as appearance fees in the group stage of the Russia 2018 World Cup.Named with Pinnick in
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US court sentences Nigerian to 15 years for $10m fraud
Wed, 08 May 2019
A Federal High Court in Houston, Texas, in the United States of America (USA), has sentenced a Nigerian, Hammed Akinola, to 180 months (15 years) in prison for a $10million fraud.U.S. District Judge David Hittner also sentenced Akinolas accomplice, a 53-year-old American, James Campbell, to 90 months in prison.According to a press release by the US Justice Department, the judge handed the sentence on April 12, after both men pleaded guilty.They were found to have taken or attempted to take large
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Immigration arrests three suspected human traffickers
Wed, 08 May 2019
Five victims rescued in KatsinaThe Katsina State Command of the Nigerian Immigration Service (NIS) yesterday announced the arrest of three suspected Libya-bound human traffickers at Kongolan and Farin Gida patrol base, on Daura Road, Katsina.The Controller, Mr. Ajisafe Joshua Olusola, briefing reporters on the arrest, the second within five days, said the mission of the traffickers and their victims was to cross the border to Niger Republic from where they would move to Libya.He listed the suspe
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Egbeyemi: Community leader and politician at 75
Wed, 08 May 2019
Ekiti State Deputy Governor Bisi Egbeyemi will be 75 tomorrow. His media aide, ODUNAYO OGUNMOLA, extols the virtues of the lawyer, politician and Ado-Ekiti chief, and his achievements in public life.Ekiti State Deputy Governor Bisi Egbeyemi, has the full cause to thank God Almighty as he clocks the age of 75 on Wednesday, 8th May, 2019.His emergence as the deputy governorship candidate of the All Progressives Congress (APC) on a joint ticket with the then governorship candidate, Dr. Kayode Fayem
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Kwara: Hurdles before APCs AbdulRazaq
Wed, 08 May 2019
The victory of the All Progressives Congress (APC) candidate in the governorship election in Kwara State, AbdulRahman AbdulRazaq, suggests that the people are fed up with the outgoing administration and that they wish to see positive signs in the new administration within a short period of time. Correspondent ADEKUNLE JIMOH highlights the challenges that will confront the incoming government. KWARA State Governor-elect Abdulrahman Abdulrazaq will assume office on May 29. His victory at the March
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Weve confidence in South African elections Jonathan
Wed, 08 May 2019
The head of the election observer mission of the Electoral Institute for Sustainable Democracy in Africa (EISA), former President Goodluck Jonathan has expressed confidence in the South African electoral process.Jonathan posited that the observer mission was thrilled from what it has observed in the course of the rallies.The former President who is in the Mandela country for the general election said good leadership does not depend on age but individuals ability and capacity.Jonathan, who spoke
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Regina Daniels to host Childrens Carnival in Delta
Wed, 08 May 2019
The current most-talked-about Nollywood actress, Regina Daniels, is set to celeberate children on the occasion of this years Children Day, May 27, 2019.The event tagged, Regina Daniels Children Day Carnival will hold at Government Field, Agbor, Delta State.The actress whose age has been severally put at between 19 and 22 suddenly broke into the consciousness of Nigerians when she reportedly married 59 year old billionaire, Prince Ned Nwoko, had announced this on her Instagram account.The Regina
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OKAFORS Law: Two years after, Omoni Oboli wins copyright case
Wed, 08 May 2019
Counter-sues for damagesTwo years after a long legal tussle, popular Nollywood actress, Omoni Oboli has won a case of copyright filed against her by Jude Idada and Chioma Onyekwe of Raconteur Productions.It will be recalled that Jude Idada and Chioma Onyekwe of Raconteur Productions got an interlocutory injunction from the Federal High Court preventing Filmone and Dioni Visions from showing the movie, Okafors Law. The judgement led to the premiere being cancelled on March 24, 2017.But on May 2,
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Ill shoot myself except you follow me on Instagram, Uche Okoye threatens Wizkid
Wed, 08 May 2019
Twenty two year old Nigerian actress, Uche Okoye, has issued a one-week ultimatum for Wizkid to follow her on Instagram or else she will commit suicide.According to her, she has been a fan of Wizkid for a while and he has been messing with heart by ignoring her.You cant be messing with my heart and expect me to layback. No, Ive heard it up to my neck, she ranted in the video.Wizkid, you cant be messing with heart like that now No, check it, is it right’ Is it proper, no. I told this dude I
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Nigerian Film Corporation sets for SHOOT! 2019
Wed, 08 May 2019
The Nigerian Film Corporation (NFC) has announced its readiness to mount SHOOT! 2019; a professional and capacity building training workshop designed for film makers, television, radio, information and communication professionals.The training workshop also targets scholars, students of film, television, theatre arts, advertising, public relations and upcoming/intermediate media professionals.According to a statement by NFCs spokesperson, Brian Etuk, SHOOT! 2019 is scheduled to begin on Sunday, M
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I want to make StarTimes more affordable CEO
Wed, 08 May 2019
StarTimes Nigeria has unveiled its new CEO, David Zhang, at a media press briefing held at the Radisson Hotel, Ikeja, Lagos yesterday.Zhang who has worked for four years in Kenya as the CEO until January 21, 2019 when he came back to StarTimes Nigeria said one of his goals is to make the digital pay TV affordable and available to all.As the new CEO, one of my goals is to make StarTimes a product affordable to all, he said.I like Nigerian and the people, and also the Nigerian food. Since we launc
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Actress Bukunmi Oluwasina becomes hair ambassador
Wed, 08 May 2019
Actress Bunkunmi Oluwasina has been unveiled as a brand ambassador of Rolad Hair products.The excited actress posted the new achievement on her Instagram.Yes, the big announcement is here darlings, she said.Were super excited to let you guys in on what weve been working on for a long tiiiiimee. Say Hello to the latest brand ambassador of @roladhairs.Im so honoured just within a week God gave me the best birthday gift. Thanks for choosing Bukunmi Oluwasina. Were re-introducing the way a modern wo
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Kim Kardashian secures freedom for 17 prisoners
Wed, 08 May 2019
American media personality, Kimberly Noel Kardashian West, has helped to secure the release of 17 prisoners in the U.S.She has in the past 90 days helped to secure release of 19 prisoners, who were being detained for lesser crimes.The News Agency of Nigeria(NAN) reports that a few months ago, Kardashian hinted that she was deep into her new found love for criminal justice when she helped foot the rent bills for a man who was recently released from jail.According to reports, the reality TV star a
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No plans to exit Nigeria, says WEMPCO
Wed, 08 May 2019
Western Metal Products Company (WEMPCO) has debunked claims that it is planning to end its business operations in the country.It said its proposed divestment in its Lagos Oriental Hotel was purely a business decision.WEMPCO noted that despite the challenging business environment, it was committed to and had unshakable faith in the resilience of the economy, like it has had for over 50 years.In a statement yesterday, the company said media reports to the contrary were rumours and false.It said WE
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Access Bank to reward 1000 DiamondExtra customers
Wed, 08 May 2019
Access Bank will reward more than 1,000 DiamondXtra customers in its first DiamondXtra quarterly draw scheduled for this month.Executive Director, Retail Banking, Access Bank Plc, Victor Etuokwu, said the rewards for the quarterly draw include salary for life of N100,000 monthly for 20 years, education allowance of N100,000 monthly for five years, a N1 million rent, N1 million cash for six people and N500,000 cash for 15 persons.He added that 45 persons stand to win N100,000 each while 300 perso
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Fed Govt eyes 24,000 new jobs from Kaduna dry port
Wed, 08 May 2019
The Federal Government yesterday said the commencement of cargo delivery service from Kaduna Inland Dry Port to Lagos will create 24,000 direct jobs within and around the dry port.It said the service is expected to reduce the cost of delivery by 50per cent.Speaking during its flag-off ceremony, the Minister of Transportation, Rotimi Amaechi said the dry port project was part of measures introduced by Federal Government to decongest the seaports.Represented by the Director of Maritime Services, S
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Entrepreneurs Quotes
Wed, 08 May 2019
Dont assume that borrowing lots of money can make your startup fly. There are many things to the business other than investors, and its possible to succeed with your startup without breaking the bank. -Barnaby Lashbrooke, Founder of Time Etc.Dont try to do everything by yourself, but try to connect with people and resources. Having that discipline and perseverance is really important. -Chieu Cao, Co-founder of PerkboxDont get distracted. Never tell yourself that you need to be the biggest brand
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Foreign investments in ICT exceed $42b
Wed, 08 May 2019
The Minister of Communications, Dr Adebayo Shittu yesterday said foreign direct investments (FDIs) in the information communication technology (ICT) sector have exceeded $42 billion.He restated the commitment of the Federal Government to ensuring that the ICT sector realised its full potentials as a viable alternative to the diversification of the economy.Shittu spoke in Awka, Anambra State capital, during the second Phase Sensitisation Workshop on National ICT roadmap, with The Role of the Priv
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FBN Holdings promises better returns
Wed, 08 May 2019
Shareholders get N9.3b dividendFBN Holdings Plc will surpass its previous performance in the current business year and ensure regular and better returns to shareholders, the board and management of the financial services group have assured.The assurance came as shareholders approved payment of N9.3 billion as cash dividend for the 2018 business year.Addressing shareholders at the annual general meeting in Lagos, FBN Holdings Plc Group Managing Director, Dr. Urum Kalu Eke, said the group would ou
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Union Bank outlines three-year strategic plan to drive growth
Wed, 08 May 2019
Union Bank of Nigeria (UBN) Plc yesterday outlined a three-year strategic plan that will further consolidate the banks growth towards being Nigerias most reliable and trusted banking partner.At the annual general meeting yesterday in Lagos, the board and management of the commercial bank has made commendable progress and has been positioned to take advantage of emerging opportunities in the economy.Chairman, Union Bank of Nigeria (UBN) Plc, Mr Cyril Odu, said with the successes recorded in 2018,
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NSE plans corporate charity to fight cancer
Wed, 08 May 2019
The Nigerian Stock Exchange has concluded arrangements to hold the 6th edition of its NSE Corporate Challenge in continuation of the Exchanges efforts to support the fight against cancer in Nigeria.Instituted in 2014, the NSE Corporate Challenge is a one-d ay competitive and fun-filled five-kilometre walk, jog and run event designed to create awareness on early detection and raise funds to support the fight against cancer in Nigeria. The days activities will also include dance, aerobics, music a
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We wont cut pension budget, says Ndume
Wed, 08 May 2019
LAWMAKERs will not cut pension budgets, the new Chairman, Senate Committee on Establishment and Public Service, Senator Ali Ndume, has said.Senator Ndume spoke with reporters in Lagos during a visit to the state to witness the ongoing verification of 22000 parastatal pensioners by Pension Transitional Directorate Arrangement (PTAD).According to him, pension must be prioritised in the national budget.He decried the situation where some pensioners were not paid their pension benefits many years af
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Pension complaints and solutions
Wed, 08 May 2019
JOEL: I am a former employee of a Federal Government agency. I want to know if it is possible to change my PFA.I have been out of employment since 2013. I have over N2million as my contributory pension. I want to change my PFA because I am not satisfied with my PFA. Is it possible for me to change my PFA’ Thanks.PENCOM: Section 13 of the PRA 2014 allows an RSA holder to change his/her PFA not more than once in a year without giving any reason. The commission is about opening a transfer wind
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