Below are the headlines found on The Nation Online Newspaper for today, Monday, 11 September, 2017.
Mon, 11 Sep 2017
I've been sidelined' comment draws flak Ex-VP defends role Former Vice-President Atiku Abubakar has been attacked for saying he has been sidelined by the Muhammadu Buhari administration. He helped Buhari to get into office and got nothing in return, Atiku has been quoted as saying. Former Deputy Director of the Buhari Presidential Campaign Council, MallamRead MoreThe post Campaign chief: Atiku is plotting Buhari's failure appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Stamp Duty charges on bank transactions may have yielded trillions of naira, but the revenue is unremitted to the Federation Account,The Nation has learnt. The fate of the revenue, which is believed to have risen to over N7trillion as at 2015, has pitched the Nigerian Interbank Settlement System (NIBSS) against the School of Banking HonoursRead MoreThe post Fed Govt loses trillions as stamp duty fee is unremitted appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Minister of Communication, Adebayo Shittu, was in his element when he spoke in Lagos with Sunday Oguntola on proposed reforms in his ministry, misconceptions about his person and his 2019 governorship ambition. Excerpts: CLOSE to two years on the saddle as a Minister, how has it been' We thank God because I came in asRead MoreThe post It'll take time to feel Buharis impact, says Minister appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Foundation to the rescue For six-year old Boko Haram victim Ali Ahmadu, who is battling a spinal cord injury, it is not over ' thanks to his courage and help from a foundation. He left yesterday for corrective surgery in Dubai, United Arab Emirates. The surgery is being bankrolled by Dickens Sanomi Foundation, which wasRead MoreThe post Six-year-old Boko Haram victim: I want to walk again appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
President Muhammadu Buhari may not sack Minister of Women Affairs Aisha Alhassan despite calls for her to get the push following her comments, a source said yesterday. Sen. Alhassan shocked many when she said she would not support Buhari, should he decide to run in 2019. Her loyalty, she said, is to former Vice PresidentRead MoreThe post Buhari may not drop minister appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
IPOB chief, security chiefs disagree There was fracas yesterday around the Umuahia, the Abia State capital residence of leader of Indigenous People of Biafra (IPOB) Nnamdi Kanu, between security agents and members of the separatist group. But Kanu and security chiefs diagareed on the cause of the fracas and the number of those injured. TheRead MoreThe post Fracas around Kanus home appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Membersof the National Association of Resident Doctors (NARD) yesterday failed to call off their strike, which enters the eighth-day today, in line with terms of settlement signed with the Federal Government. The association signed a memorandum of terms of settlement with government four days ago. After a meeting, which started at about 1.30pm on WednesdayRead MoreThe post Resident doctors fail to call off strike appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Olusola: nothing wrong with my adoption Some youths in Ekiti East Local Government Area of Ekiti State have said they will resist the alleged imposition of deputy governor, Prof. Kolapo Olusola, on the electorate. Rising from a meeting on Saturday at Omuo-Ekiti, headquarters of the local government area, the youth condemned the adoption of OlusolaRead MoreThe post Ekiti youths oppose adoption of Fayose's deputy appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Another to be caned for stealing maize A Grade 1 Area Court, Kubwa, Abuja, has sentenced a 24-year-old scavenger, Yusufa Idris, to six months' imprisonment for stealing plastic chairs and tomatoes. He admitted committing the offence and begged for leniency. The judge, Mohammed Marafa, however, gave Idris an option of N15,000 fine and warned himRead MoreThe post Scavenger jailed six months for theft appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
All Progressives Congress (APC) National Chairman Chief John Odigie-Oyegun said at the weekend that the party has stabilised, assuring that it was heading in the right direction. He said the state of the nation was now strong, with the weak economy being diversified by the Buhari administration through aggressive focus on agriculture, development of solidRead MoreThe post Economy heading in right direction, says Oyegun appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Imo State Governor Rochas Okorocha yesterday said entertainer and rights activist, Mr Charles Oputa (aka Charly Boy), was recruited in 2014 by his political opponents to fight his administration and the All Progressives Congress (APC). The governor, who was reacting to a recent meeting convened by Charly Boy and the State Chairman of the NigeriaRead MoreThe post Okorocha: Charly Boy recruited to fight me, APC appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
The Transmission Company of Nigeria (TCN) has secured about $1 billion from multilateral donors, including the government of Japan, to expand and rehabilitate its facilities, it was learnt. TCN's Acting Managing Director/Chief Executive, Mr. Usman Gur Mohammed, told The Nation that the Federal Government through the Ministries of Power, Works and Housing and Finance, hadRead MoreThe post TCN gets $1b for expansion, others appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Importation of vessels to Nigeria has dropped from N774billion ($2.15billion) in the last two years to N319 billion ($885.9million) due to scarcity of foreign exchange (forex). It was learnt that the Central Bank of Nigeria's (CBN's) forex policy has made it difficult to get more vessels into the country from China, United States (U.S.) andRead MoreThe post Ship import dips to N319b on forex scarcity appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Nigeria's real Gross Domestic Product (GDP)will attain full recovery in two years, with growth moving closer to its long-term trend of 6.7 per cent, PricewaterhouseCoopers (PwC Nigeria Limited) has projected. The firm in its routine economic alert titled: 'Nigeria's Q2'17 GDP: From Recession to Recovery' released at the weekend, said latest GDP figures released byRead MoreThe post PwC: Nigeria's real GDP 'll recover fully by 2019 appeared first on The Nation Ni
Mon, 11 Sep 2017
Nigeria's N6.5 trillion pension asset is under threat as the National Assembly is proposing 10 bills to amend the Pension Reform Act (PRA) 2004 repealed by PRA 2014. But stakeholders in the insurance industry are kicking, insisting that the bills, if passed into law, may render contributors and retirees vulnerable and destabilise the financial system.Read MoreThe post Much ado about proposed Pension Act amendment appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Getting foreign direct investment (FDI) for Liquefied Natural Gas (LNG) trains is a problem confronting the gas sector. Trains are vehicles for processing and exporting gas to offshor markets. A former Managing Director, Nigerian Liquefied and Natural Gas (NLNG), Mr. Godswill Ihetu, says the government needs billions of dollars to do this. Ihetu, also EnergyRead MoreThe post Why govt is unable to finance LNG project appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
The Nigeria Labour Congress (NLC) has faulted the Federal Government's decision to offer N38billion bailout to electricity distribution companies (DisCos) for the procurement of pre-paid metres, describing the move as ill-conceived. Speaking with The Nation, its President, Comrade Ayuba Wabba, said it was wrong for the President Muhammadu Buhari-led government to offer a lifeline toRead MoreThe post NLC kicks against proposed N38b bailout for DisCos appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Agric, SMEs to lead revolution The food market in Africa may be worth over $1 trillion by 2030, the Africa Agriculture Status Report (AASR) launched on Wednesday, has said. The report, commissioned by the Alliance for a Green Revolution in Africa (AGRA) and launched at this year's African Green Revolution Forum (AGRF) in Cote d'Ivoire,Read MoreThe post Africa's food market to hit $1tr by 2030 appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
The Manufacturers' Association of Nigeria (MAN) has advised the Federal Government to study the economic re-modelling template Tanzania and come out with policies that will accelerate the growth of the economy. It said its advice was predicated on the fact that the East African country rebounded from a poor economic state to become one ofRead MoreThe post MAN to Fed Govt: follow Tanzania's economic model appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
External auditors have raised the red flag that there is uncertainty over the ability of Union Dicon Salt Plc to continue as a going concern as the 33-year-old company struggles with dormancy and continuing expenses. In the latest audit, which was obtained at the weekend, external auditors to Union Dicon Salt, BDO Professional Services, notedRead MoreThe post Auditors raise concerns over Union Dicon's future survival appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Ernst & Young( EY), a global consultant with an office in Nigeria global revenues increased 7.8 per cent this year, thanks to strong growth across its digital, business advisory and capital transactions services A report said revenues grew to $31.4billion (24.29billion) and its headcount increased by 7.3 per cent to 250,000 employees globally, for theRead MoreThe post Ernest & Young global revenues hit $31.4b appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Economic realities must now align with positive statistics President Muhammadu Buhari's cautiously optimistic reaction to the news that Nigeria had emerged from the recession which hit it in late 2015 demonstrates a welcome recognition of the fact that a lot more work has to be done to put the nation's economy on a truly sustainableRead MoreThe post Redemption from recession appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Sad reminder of the 'tally number' banking era For Nigerians familiar with long queues in the banking halls of yore, the ubiquitous queues at the Automated Teller Machines' cash points would conjure a familiar memory ' a throwback to the period of 'tally-number'; of customers frantically seeking to withdraw cash in what was oftentimes, aRead MoreThe post ATM queues appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
SIR: People invoke witchcraft to make sense of misfortune in situations where they do not want to accept responsibility. They blame witches, demons and other evils spirits on occasions where they prefer to pass the buck or want to avoid blame. This is exactly the case with the South African President, Jacob Zuma in hisRead MoreThe post Zuma: Blame not witchcraft appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Reggae group, UB40 pushed out a sensational hit, about fixing the rat in the kitchen. On the surface, it sounded ludicrous, if not outright senseless. But on deep reflection, it made a lot of sense ' the rat as metaphor for shifty characters, gnawing away and troubling the pantry! The mercurial Prof. Itse Sagay, chairmanRead MoreThe post Time to skin the cats ensemble appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Where are the casualties of Nigeria's noisy war against corruption' A war without casualties cannot be a war properly so called' The Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu may well be aware of the oddity of a war without casualties. Perhaps this is why he declared during a visitRead MoreThe post A war without casualties appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
The crisis rocking the Ogun State Peoples Democratic Party (PDP) has taken a new dimension. A faction has objected to the dissolution of the state executive and the installation of a caretaker committee by the National Caretaker Committee. Assistant Editor LEKE SALAUDEEN examines the crisis and why it has defied solution. The dissolution of theRead MoreThe post When 'll peace return to Ogun PDP' appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
Anambra State United Progressive Party (UPP) governorship candidate Chief Osita Chidok has said that he is unstoppable, urging his detractors to embrace reality. He urged party members ro remain focussed and steadfast, assuring that he will win the poll. Chidoka said party followers should put behind them the recent controversy triggered by the plot toRead MoreThe post Chidoka: I'm unstoppable appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
A member of the House of Representatives from Ekiti State, Hon. Kehinde Agboola, has said the numerical advantage enjoyed by the North in the two chambers of the National Assembly killed the proposed devolution of powers to states. Agboola, who represents Oye/Ikole Constituency on the platform of the Peoples Democratic Party (PDP), denied the allegationRead MoreThe post Why Power Devolution Bill was rejected, by lawmaker appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
All Progressives Congress (APC) governorship aspirant in Ekiti State Otunba Yinka Akerele has assured women of better status, if he wins the poll. The aspirant spoke during a meeting held with women leaders in continuation of his consultation with stakeholders. He said women have been politically marginalised in the past, adding that his administration wouldRead MoreThe post Ekiti 2018: Akerele promises better status for women appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
A group, the New Nigeria Nationalists (NNN) has urged leaders to promote the culture of probity, accountability and good governance. The group disclosed that it will create a new class of nationalists dedicated to the promotion of positive values in politics and mobilise the poor and the middle class to participate in the political process.Read MoreThe post Group urges leaders to embrace good governors appeared first on The Nation Nigeria.
Mon, 11 Sep 2017
A member of the National Assembly, Sen. Stella Oduah, said the Peoples Democratic Party (PDP) had not learnt from its past mistakes, contrary to recent public 'undertakings'' by its leadership. She said at the News Agency of Nigeria (NAN) Forum in Abuja that the party had resumed the denigration of internal democracy characterized by impunityRead MoreThe post PDP has not learnt from past mistakes ' Oduah appeared first on The Nation Nigeria.
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