Gangsterism played out at the Senate yesterday as a gang stormed the chamber during plenary and made away with the symbol of authority – the Mace. Like a scene from Hollywood action movie, members of the gang quietly slipped into the Senate chamber and before senators could realise what was going on, they took hold of the Mace and headed for the door. Deputy President of the Senate, Ike Ekweremadu, who presided at plenary, described the attack as an affront on the parliament. He vowed that those involved will be brought to justice. Ekweremadu had hinted of the arrest of the suspects when he address journalists after meeting with Vice President Yemi Osinbajo.“The police are still investigating. We are going to find out details. Some of the suspects I believe, have been arrested and we will get to the root of the matter,” said Ekweremadu. According to THE NATION, VANGUARD, DAILY INDEPENDENT, NIGERIAN TRIBUNE, THE GUARDIAN and THE PUNCH the security agency had earlier whisked away suspended senator from Delta State, Ovie Omo-Agege, who had appeared at plenary, to the surprise of his colleagues. He was, however, released after interrogation.
Moving to the words of President Muhammadu Buhari says Nigerian youths lazy want everything free. According to the NEW TELEGRAPH, Buhari said that many Nigerian youths have adopted the lazy attitude of sitting to wait for free things with the notion that the country was an oil-rich nation.
Finally BUSINESS DAY reports that Investors rush into money market funds as net assets hit N401bn . In 2016, there were only six Nigerian money market funds managing N177 billion among them. Fast forward two years and those numbers have nearly tripled, thanks to the high interest rate environment of the past two years and the paltry return on bank savings account. A money market fund is an open-ended mutual fund that invests in short-term debt securities such as Treasury bills and commercial paper.