Thursday, 14 December 2017

Nigerian Newspapers: 10 Things You Need To Know This Thursday Morning

Good morning! Here is today’s summary from Nigerian Newspapers

1. Unknown gunmen Tuesday night attacked the residence of the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, leaving a policeman attached to the house killed.

The gunmen stormed the farmhouse in Karshi in the Federal Capital Territory at about 10pm Tuesday and exchanged fire with the policemen on sentry.

2. The International Organisation for Migration, IOM, said yesterday that many returnees from Libya have psychiatric issues.

The UN agency also disclosed how it assisted in the voluntary return and reintegration of about 4, 500 irregular Nigerian migrants from Libya between January and November this year, but expressed fears that except all stakeholders extended support to the returnees, they could soon be on their way back to Libya.

3. All Progressives Congress (APC) stalwart, Asiwaju Bola Ahmed Tinubu has debunked speculations that he may be picked by President Muhammadu Buhari as his running mate in 2019.

He said he and the people of the Southwest “have absolute confidence and are exceedingly proud of the excellent job Professor Osinbajo is doing as Vice-President of Nigeria”.

4. The Minister of Petroleum Resources, Dr. Ibe Kachikwu, yesterday stated that Nigeria lost about $21 billion (N7.6 trillion) to International Oil Companies, IOCs, operating in the country due to non-implementation of the Production Sharing Contract, PSC, Act of 1993, otherwise known as the Deep Shore Act.

The Minister of State for Petroleum Resources stated that once the price of crude oil exceeds $20 per barrel, the government will take steps to ensure that the premium element is then distributed at an agreed premium level for the nation “so that we get more from our oil.”

5. No fewer than 20 vehicles and four commercial motorcycles were on Wednesday afternoon, burnt at Festac Link bridge.

The accident occurred around noon as a tanker laden with petrol fell and spilled its content on the Festac Link Bridge in Awuwo Odofin LGA of Lagos State.

6. Northern Senators have kicked against the implementation of the 2014 confab report.

According to them, it was unfair to ask President Muhammadu Buhari to implement the report of the conference convoked by a former President, Goodluck Jonathan.

7. A Bill for an Act to establish Non-Governmental Organisations Regulatory Commission of Nigeria suffered great setback on Wednesday, as none of the participants made submission in support of the Bill.

However, of over 100 written and oral memoranda received by the committee on Wednesday, no single memorandum expressed support for the bill.

8. The Arewa Consultative Forum, on Wednesday, asked the management of the Nigerian National Petroleum Corporation to investigate the lingering fuel scarcity in Abuja and other parts of the country.

The ACF said it perceived sabotage from some elements in some quarters to derail the efforts of the Muhammadu Buhari-led Federal Government to reposition the hitherto stable oil sector.

9. Counsel to the ‘missing’ leader of the proscribed Indigenous People of Biafra, IPOB, Mr. Nnamdi Kanu, has asked the Federal Government to grant state pardon to youths of Igbo extraction who he said were arrested and locked up in various prisons for exercising their constitutional guaranteed rights to self determination.

Kanu’s lawyer, Mr. Ifeanyi Ejiofor, in the letter he wrote to the Attorney General of the Federation, AGF and Minister of Justice, Mr. Abubakar Malami, SAN, stated that “hundreds of innocent and defenseless IPOB members who are mostly youths”, are languishing in different prisons in the South East states and Kuje Prison in Abuja, based on “phantom, frivolous and cooked-up allegations”.

10. The Federal Government, yesterday, said that the East-West Road which was conceived by the administration of President Olusegun Obasanjo in 2006 at the cost of N211 billion, was billed to fail from its conception.

The Minister of Niger Delta Affairs, Pastor Uguru Usani, said, that despite the huge sum of about N300 billion sunk into the project, the level of work so far done was not encouraging.

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