Mismanagement Of Paris Club Funds, Newspaper Headline

Commercial banks in the country are lobbying the office of the Attorney general of the Federation, and have asked the Federal Government to rethink the act of seizing accounts that have no Bank Verification Number, the Punch Headline reports.

According to the headline story by The Nations Newspaper, three governors are believed to have mismanaged and diverted the London-Paris club refunds and with an investigation done, it shows that some suspicious transactions relating to the London-Paris club refund have been found.

The Vanguard Headline story says “Hands off and shuts up, Presidency tells Obla”. With the controversy surrounding the reinstatement of Abdulrasheed Maina, the presidency has directed the chairman of the special panel on the recovery of public properties to hands off the activities of the panel, stating that his recent acts ran contrary to the enabling act that established the panel.

However, Nigerian Tribune says the federal government has commended the probing of 800,000 registered companies in the country over non-payment of tax. The Minister of Finance, Kemi Adeosun, has said that Nigeria is not an oil economy and 800,000 companies and government contractors have been avoiding paying their taxes.

Meanwhile, the Guardian Newspaper Headline says $3b has gone down the drain as oil in the north remains elusive. Stakeholders remain divided about the wisdom of the continuous search for the Hydrocarbon resources in the north but are encouraged by their findings in neighboring countries.

Another interesting read is from the independent which says Fresh Militants’ threat poses risk to Economy. The fresh attacks by the Niger Delta Avengers might affect the production and export of crude oil that may result into forex crisis in the country. Stakeholder believes the latest posturing of the militant may threaten the fragile economic growth.

Daily sun newspaper says ‘Give us cash’, the 160 members of the house of representatives have rejected offers from its leadership to provide them with cars, members of the representative have been in expectation of monetizing their car allowances.

Maina’s Reinstatement Saga, Newspaper Headline

Maina’s family brought into the on-going saga about his recall, the Vanguard news shines more light as it says Presidency, Maina’s family lock homes over the sack. The family of the embattled Director says he is a messiah and not what he is been labelled. The presidency, however, says Maina’s family should be ignored.

According to The Nations news Headline, Presidency, govt officials, Maina shared loot, interestingly Maina was in office in the last regime, where billions of naira were looted in the country.

However, The Independent News Headline says, Malami twisted court judgement to back Maina’s reinstatement; another fact emerged on Wednesday on how the AGF Abubakar Malami (SAN) backed Maina’s recall and said he acted in public interest to reinstate a fraudster.

The Punch today in it headlines says Buhari, Jonathan’s men clash over Maina’s scandal. President Muhamadu Buhari aides have engaged loyalist to war against the responsibility of the reinstatement of Abdulrasheed Maina’s into the Ministry of Interior Affairs. Maina, who has been declared wanted by the Economic and Financial Crimes Commission (EFCC) for defrauding the country of N2b.

Another interesting read from Nigerian Tribune news headline says, Presidency tackles Maina’s family over claims Buhari govt brought him back. The controversy over the circumstances surrounding the reinstatement of Mr Abdulrasheed Maina took an interesting turn as the current Administration and the past exchange words on who is to blame for his reinstatement. The family of the Fraudster claims it was the current administration that invited Maina to clean up the mess and generate more revenue for the government.

Govs Demand Release Of 50% Balance On Paris Club Refund, Newspaper Headline


Paris Club refund: Governors demand release of 50% balance by November

The governors of the 36 states of the federation have demanded the release of the outstanding Paris Club refund by November to enable them to include it in their 2018 budget appropriation.


Govs demand 50% balance of Paris Club Refund

ABUJA – THE 36 Governors of the Federation under the umbrella of Nigeria Governors Forum, NGF, Tuesday met with President Muhammadu Buhari in closed-door at the Presidential Villa, Abuja, and demanded the payment of the balance Paris Club Refunds as agreed in 2016.


Buhari frowns at states’ inability to pay workers

President Muhammadu Buhari is concerned about the growing agitation in states over unpaid salaries and allowances, in spite of interventions by the Federal Government.


Buhari to govs: How can anyone sleep soundly owing workers’ salaries for months?

PRESIDENT Muhammadu Buhari has expressed concern over the growing complaints and agitations by workers in states over unpaid salaries and allowances, in spite of interventions by the Federal Government.


Senate Vows Not To Clear CBN Dep Gov Designate, MPC Members

A fresh round of crisis may erupt between President Muhammadu Buhari and the Senate following plans by the upper legislative chamber not to screen and approve president’s nominees until Ibrahim Magu, acting Chairman of the Economic and Financial Crimes Commission (EFCC) is sacked.


State governors demand fresh bailout from Buhari

President Muhammadu Buhari on Tuesday lamented that despite the various interventions by the Federal Government, there were still complaints and agitations by workers over unpaid salaries and allowances by state governments.


Senate under pressure to drop probe of $25b NNPC contracts

The Senate has postponed the commencement of its planned investigation into the alleged award of $25 billion worth of contracts in the Nigerian National Petroleum Corporation (NNPC).Following the allegation of abuse of due process made by the Minister of State for Petroleum, Ibe Kachikwu, against the NNPC Group Managing Director, Dr. Maikanti Baru, the Senate resolved to investigate the matter.

Nigerians Should Tolerate Our Borrowing And Newspaper Headline

Newspaper Headline


Why Nigerians should tolerate our borrowings, by government

Nigerians have been urged to tolerate the recurring borrowings and negotiations as they are temporary and aimed at delivering the rail system, roads and power to boost national development.



No $25bn NNPC Contracts, Missing Money, Says Presidency

Abuja – The presidency has denied the existence of N25 billion oil contract by the Nigerian National Petroleum Corporation (NNPC) as alleged by Ibe Kachikwu, Minister of State for Petroleum Resources.



PDP, APC at war as FG explains borrowing

…PDP should hide its head in shame – Junaid

…Borrowing not bad for infrastructure – SERAP

…Why we’re borrowing more — Adeosun ABUJA – The All

Progressives, Congress, APC, and the opposition Peoples Democratic Party, PDP, were, yesterday, locked in a verbal combat over the propriety of the Federal Government’s borrowing plan. The face-off follows the administration’s request for legislative approval for its $5.5 billion loans to finance the 2017 budget.



Na’Abba hits Buhari, OBJ, Jonathan


You’re not accidental President

  • Presidency: Buhari not one of them

Former Speaker of the House of Representatives, Ghali Umar Na’Abba has blamed Nigeria’s woes on leaders who he claimed got into office unprepared.



We must borrow more to deliver infrastructure —Finance Minister

The Minister for Finance, Mrs. Kemi Adeosun, on Sunday, said the nation must borrow more in the short term to deliver critical infrastructural projects such as roads, rail and power.



  • No Nigerian bank will fail – Emefiele
  • Forget single digit inflation before 2020 – Planning Minister

Minister of Finance, Mrs Kemi Adeosun has said Nigerians must support the Federal Government to borrow more money, if they want it to deliver on power, road and other infrastructure critically needed to grow the economy.

Gunmen Invade Olubadan’s Palace And Newspaper Headline

Newspaper Headline


FG gazettes IPOB ban, to write banks, embassies, foreign mission

  • Buhari to appoint administrator for forfeiture of IPOB’s assets – Aide
  • Prof, Obiano disagree on Biafran agitators at legal year ceremony

The Federal Government has gazetted the order of the Federal High Court in Abuja which proscribed the Indigenous People of Biafra and designated the group as a terrorist organisation.



Gunmen invade Oluibadan’s palace

  • Ex-SSG journalist escape death
  • We won’t allow return of brigandage in Oyo –Ajimobi
  • Invasion of palace unacceptable – Oba Lekan Balogun
  • Oyo CP orders investigation

There was pandemonium at the Popoyemoja palace of the Oluibadan of Ibadanland, Oba Saliu Adetunji, on Monday, as gunmen attacked the palace to disrupt the installation ceremony of mogajis and bales.



Gunmen invade Olubadan’s palace

  • Journalists escape death, Oyo govt probes shooting

Five yet-to-be identified gunmen invade the palace of Olubadan of Ibadanland, Oba Saliu Adetunji, Aje Ogunguniso 1, at Popopemoji, Ibadan, yesterday morning, rained bullets on anything in sight and left wounded people, including a former secretary to the State government and journalists in their wake.



Presidency mum as APC fires back at Sagay

  • Says Sagay’s the real ‘rogue elephant; in govt
  • It’s sign of total confusion in APC – PDP

Lagos Presidency was, yesterday; mute as verbal warfare broke out between the leadership of the All Progressive Congress, APC and Professor Itse Sagay, one of the key aide directing President Muhammadu Buhari’s anti-corruption fight.



Restructuring: States step up Push for more powers

  • North rejects more states
  • New formula wanted

Advocates of more power for states seem there are winning their agelong battle.



Strike: LUTH, Psychiatric hospital discharge patients

  • FG, patients beg health workers to call off strike

As the strike declares by health workers under the aegis of the Joint Health Sector Union (JOHESU) bites harder, the Lagos University Teaching Hospital (LUTH) and the Federal Neuro-Psychiatric Hospital, Yaba, have hurriedly discharged patients admitted to the hospital.

Restructuring: Atiku Blasts North And Other Newspaper Headlines Today

New Telegraph

$600M Loans: Banks Place 13 Tank Farms, Filling Stations On Sale


Daily Sun

Restructuring: Atiku Blasts North



Poor State Of Energy Sector

FG’s Economic Recovery Growth Plan In Danger


The Guardian

NADECO Back, Says Democracy Under Threat


Nigerian Tribune

Restructuring: How Murtala Muhammed Foisted Strong Centre On Nigeria- Atiku

Former vice president and All Progressive Congress (APC) presidential hopeful, Alhaji Atiku Abubakar, has fingered the military regime of the late General Murtala Muhammed, which he accused of insisting on a strong center while setting up constituent assembly in 1978.

The Nation

Security Agencies Unmask IPOB’S Paris Account Holder


The Punch

Diezani’s Lawyer Blocked Us From Interrogating Her in UK-EFCC





FG Sponsors IPOB And Newspaper Headline

Newspaper Headline


Why we clamped down on IPOB, kanu, by Fed Govt

  • ‘Looters, opposition behind groups
  • IYC urges talks
  • IPOB chief ‘in Southeast

The Federal Government yesterday alleged that the opposition was fuelling the Independent People of Biafra (IPOB) rebellion to distract the Buhari administration and destabilize the country.



Treasury looters, disgruntled politicians sponsoring IPOB – FG

…says group writing to Western govts alleging victimisation

  • No hiding place for IPOB members in Anambra – Obiano

The Federal Government has said politically-disgruntled individuals and treasury looters are sponsoring secession agitators, the Indigenous People of Biafra to destabilize the country.



Treasury looters, disgruntled politicians sponsoring IPOB – FG

  • Turkey denies supporting IPOB
  • 59 arrested IPOB members to face murder, arson charges
  • Python dance now annual exercise – Army

Federal Government, on Sunday, said the Indigenous People of Biafra (IPOB) was not set up to fight for the right of anyone or group in the country but was a tool to destabilize the nation, divert attention from the effort of the President Muhammadu Buhari administration and obliterate it achievement.



FG kicks as oil, electricity workers begin strike

  • NUPENG, Union electricity workers being strike.
  • no loading of fuel from today; NLC, TUC, FG insist ULC is illegal, ask Nigerians to shun strike
  • labour Ministry says ULC violating the law, has no right to call strike

Lagos – The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, yesterday said loading of products, including aviation fuel, would stop from today as affiliates of United Labour Congress of Nigerian, ULC, begin an indefinite strike.



IPOB set up to destabilize Buhari’s Government – FG

  • Sponsored by disgruntled Politician, Treasury Lootera
  • Police to arraign 59 IPOB Members, say officer killed
  • Senate to meet security chiefs over Group

The Federal Government on Sunday said contrary to the impression it is given Nigerians, the Indegenous People of Biafra (IPOB) led by Nnamdi Kanu was not set up to fight for the intrest of Igbo but to destabilise the government of President Muhammadu Buhari.


S/West Leaders Demand Restructured Nigeria And The Newspaper Headline

Newspaper Headline


Buhari’s minister at Villa, says no going back on support for Atiku

  • Alhassan fails to see President, Osinbajo, chief of staff

The Minister of Women Affairs and Social Development, Aisha Alhassan, on Thursday, said that there was no going on her decision to support former Vice-President Atiku Abubakar in the 2019 presidential election.



2019: Anxiety in APC over minister’s Buhari comment

  • Senator, others seek minister resignation

There is anxiety in the All Progressive Congress (APC) over Minister of Women Affairs Haija Aisha Alhassan’s comment on President Muhammadu Buhari’s yet undeclared plan to run in 2019.



On regional govt we stand – Yoruba leaders, S/West govs

  • Say Nigeria can only know peace, development if run along federating units
  • We are on the same page – South-East, South-South leaders

Prominent Yoruba leaders and South-West governors, on Thursday, led representatives from the Yoruba nation, including Kogi and Kwara, to demand a restructured Nigeria, with emphasis on the returning government as practiced under the 1960 and 1963 constitutions.

Evans Pleads Guilty, Weeps In Court And The Newspaper Headline

Newspaper Headline


Evans weeps in court, pleads guilty

  • Suspect remanded in prison
  • Police coerced my client, says lawyer

Suspect billionaire kidnapper, Chukwudumeme Onwuamedike a.k.a Evans, yesterday pleaded guilty to the offence of kidnapping upon his arraignment before Justice Hakeem Oshodi of an Ikeja High Court.



FG regrets ASUU strike as Osinbajo leads fresh talks

  • Blames private sector for delay in composition of Minimum Wage C’ttee; we’re not aware of Osinbajo’s new role – ASUU

ABUJA- THE Federal Government has expressed regret over the on-going ASUU strike, even as the Vice President, Prof. Yemi Osinbajo, was yesterday appointed to lead the Federal Government Negotiation Team to interface with striking Academic Staff Union of Universities, ASUU, to resolve contentious issues that led to the industrial action.



My Lord, I did it

  • Evans, kidnap kingpin, pleads guilty in court
  • He was forced to own up, says lawyer

Notorious kidnapper, Chukwudumeme Onwuamadike a.k.a Evans and his five accomplices were yesterday arraigned before a Lagos High Court, ikeja Presided over by Justice Hakeem Oshodi on two count charge of conspiracy and kidnapping.



ACF to S/E govs: Talk to your youths

  • South-East govs meet Nnamdi kanu in Enugu, Call for dialogue
  • Don’t arrest IPOB Leader, Col Umar tells FG
  • Again, Fulani herdsmen destroy Falae’s farm
  • Nigeria sliding towards precipice, Afenifere tells Buhari

The Arewa Consultative Forum (ACF) has called on the South-East governor to make use of the Sallah period and talk to agitators of independent People of Biafra (IPOB) to respect the Sovereignty of Nigeria.



No end in sight, Osinbajo heads govt negotiating team

  • I have not been invited to any meeting with FG – ASUU president

There seems to be no end in sight to the strike by the Academic Staff Union of Universities as the Federal Government says it is still the fresh demands made by the union.



Evans in court: I’m guilty

  • My client was forced, says lawyer

In a packed court room, kidnap kingpin Chukwudumeme Onwuamadike (aka Evans) yesterday pleaded guilty to a two-court charge.


ASUU Shuns Meeting With FG And The Newspaper Headline

Newspaper Headline


Strike: ASUU shuns meeting with FG, offers counter proposal

  • We will present it all FEC meeting today – Minister
  • NANS issues 21-day ultimatum to FG
  • FG price for negligence – NLC

Student in tertiary institutions in the country may stay longer at home due to the ongoing strike embarked upon by the Academic Staff Union of Universities (ASUU), as the union gives fresh conditions for the Federal Government

Newspaper Headline



FG/ASUU’s meeting ends in deadlock

  • Govt turns down lectuers’ request on TSA

The Federal Government’s effort to make the Academic Staff Union of Universities to call off its nationwide strike failed on Thurday.



Uncertainty over N4.314tr revenue from marginal fields

  • Govt loses N1.29b daily to unproductive oil wells

The nation’s plan to earn additional $14.100 billion (N4.314 trillion) from 300 million barrels of crude oil is uncertain as licensed marginal fields are unable to engage in meaningful exploration and production activities 13 years after.



Govt agrees to pay varsity teaches N23b allowances

University teachers won a major battle yesterday.



Restructure Nigeria before 2019 polls – EMINENT NIGERIANS

  • Only restructuring can save Nigeria – Adebayo, Nwodo, Akinrinade, Maku, Ann-kio Briggs, others…
  • Obansanjo attacks Nass members again

LAGOS – some eminent Nigerians including representatives of Afenifere and Ohanaeze converged on Lagos, yesterday with a call for restructuring of the country before the 2019 general elections.



2019 elections under threat

  • No restructuring, no polls, southern leaders vow

Prominent leader from the Southern part of the country yesterday said without restructuring and devolution of power, there may be no general election in 2019.



Strike continues, we’ll meet FG again next week – ASUU

The Academic Staff Union of Universities (ASUU) president, Biodun Ogunyemi, has said that the ongoing strike in public universities across the country will continue until the union meets with the Federal Government again next week.



2019: Dangote rules out presidential bid

…mulls $50bn investment in U.S.,Europe/ Asia, Mexico

Africa’s water crisis at the Queen’s College, Yaba, Lagos, which led to the death of three pupils of the school between February and March, has resurfaced.