Read today's newspaper headlines [Monday, November 14, 2016]
Find out what is making headlines all over the country from the covers of The Punch, Vanguard, The Guardian and more.
For today, November 14 2016:
THE VANGUARD NEWSPAPER
FG to scrap NNPC, DPR, PPPRA, others; to sell unprofitable refineries
The
Federal Government’s draft National Oil Policy has proposed to
consolidate Nigeria’s oil industry regulatory authorities into a single
agency to be known as Petroleum Regulatory Commission, PRC, while
scrapping all other regulators, including the Nigerian National
Petroleum Corporation, NNPC, Department of Petroleum Resources, DPR, and
Petroleum Products Pricing Regulatory Agency, PPPRA, among others.
DSS raids on BDCs: Analysts predict increased volatility, fragmentation in parallel market
Experts
have predicted that the recent raids on bureaux de change (BDCs) by
operatives of the Department of State Security (DSS) will lead to
increased volatility of exchange rate and further fragmentation of the
parallel market.
No punishment is too much for corrupt judges – Sagay
PROFESSOR
Itse Sagay, SAN, is the chairman of Presidential Advisory Committee
against Corruption. In this interview, he justifies the raid by the
Department of State Services, DSS, on the home of some judges. He also
accused the National Judicial Council, NJC, for being ineffective in
combating graft in the judiciary and opposed calls by some critics that
the Minister of Transport, Mr Rotimi Amaechi, should step down following
allegations against him by two of the affected justices.
THE PUNCH NEWSPAPER
11 died, seven missing in Egun, Yoruba clash – Residents
No
fewer than seven residents of Otodo Gbame, an Egun community in the
Lekki Phase 1 area of Lagos State, are missing after a clash between the
residents and some Yoruba youths, alleged to be land grabbers.
Senate’ll resolve Buhari’s $30bn loan request this week – Ndume
Strong
indications have emerged that the leadership of the Senate and the
Presidency have reached a deal on the 2017-2019 Medium Term Expenditure
Framework and Fiscal Strategy Paper earlier rejected by the upper
chamber of the National Assembly.
It’ll be disastrous for leaders to kill PDP – BoT chair
The
Chairman, Board of Trustees of the Peoples Democratic Party, Senator
Walid Jibrin, said on Sunday that changing the name of the party would
be a disaster for the country’s political development.
THE THIS DAY NEWSPAPER
FG to Refund Each State N20bn for Federal Projects
The
Speaker of the House of Representatives, Hon. Yakubu Dogara, has
disclosed that the federal government will refund about N20 billion to
each state for funds they had spent on federal projects in their states.
Fayose: Buhari Won’t Appoint Onnoghen as Substantive CJN
Ekiti
State Governor, Mr. Ayodele Fayose, has expressed reservations over the
non-appointment of Justice Walter Nkanu Onnoghen as the substantive
Chief Justice of Nigeria (CJN), claiming that his appointment in an
acting capacity was “a grand plot to deprive him of his well-deserved
appointment as CJN because he is from the South-south region”.
Tinubu Faces Dilemma over Ondo Governorship Poll
Following
the selection of Mr. Rotimi Akeredolu (SAN) as the candidate of the All
Progressives Congress (APC) in the November 26 governorship election in
Ondo State, former Lagos State governor and National Leader of the
ruling APC, Chief Bola Tinubu, is faced with a dilemma over who to
support.
THE DAILY SUN NEWSPAPER
Aso Rock Chaplain rejects demons in Presidential Villa
Aso
Rock Chaplain, Pastor Oluseyi Malomo, has described as a slap on
Christians, news making the round that the Presidential Villa, in Abuja
is infested with demons.
Tougher times ahead for Nigerians
Funding
of the 2016 budget may suffer a further setback, as the country,
recorded yet another sharp drop in its oil and gas export from $212.25
million in July to $180.93 million in August, representing 17 percent
drops in proceeds.
David-West to Soyinka: Destroy your Green Card if you can
Former
Minister of Petroleum and Energy, Prof Tam David-West, has told Nobel
Laureate, Prof. Wole Soyinka, to destroy his United States Green Card
based on his threat to do so if the Republican candidate, Donald Trump,
won the November 8, 2016 presidential election.
THE BUSINESSDAY NEWSPAPER
Foreign buyers want Nigerian cashew as drought hits Vietnam
Foreign
buyers are requesting to buy cashew nuts from Nigerian farmers as
Vietnam, the world's largest exporter of the produce, suffers its worst
drought in a century.
Investor confidence dealt another blow by CBN
The
most recent policy moves by the Central Bank of Nigeria (CBN) are seen
to be getting even more confusing and complicated, with the apex bank
deploying shocking and seemingly desperate measures in its bid to
forcefully ‘peg’ the exchange rate of the Naira to the US Dollar.
NNPC will cease to exist in two years
The
Nigerian National Petroleum Corporation (NNPC) will cease to exist in
about two years time, as a result of sweeping reforms contained the
draft National Oil Policy which has been presented to stakeholders for
their input. This is however subject to the approval of the National
Assembly.
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