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Read today's newspaper headlines [Tuesday, June 28, 2016]

Read today's newspaper headlines [Tuesday, June 28, 2016]

Pulse Frontpage

For today, June 28, 2016

THE GUARDIAN NEWSPAPER

I am ready to go to jail, says Saraki

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Senate President, Bukola Saraki, his Deputy, Ike Ekweremadu, docked before a High Court of the Federal Capital Territory, Abuja over alleged forgery of Senate Standing Rules were yesterday granted bail.

Also facing trial with Saraki and Ekweremadu are the former Clerk of the National Assembly, Alhaji Salisu Abubakar Maikasuwa and the acting Clerk, Mr. Benedict Efeturi who were also granted bail.

The defendants were put on trial by the Federal Government on the allegation of forging the Senate Standing Rules used on June 9, 2015 to conduct the election that brought Saraki and Ekweremadu to office as principal officers of the Senate. READ MORE

Court orders Ikpeazu to vacate office as gov of Abia

A Federal High Court in Abuja has ordered Governor Okezie Ikpeazu of Abia State to vacate office with immediate effect.

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Justice Okon Abang, in his ruling yesterday, also ordered the governor to hand over to Mr. Samson Ogah, owner of Masters Energy, who came second in the Peoples Democratic Party (PDP) governorship primaries in the state.

The judge further ordered the Independent National Electoral Commission (INEC) to issue a Certificate of Return to Ogah who contested the governorship ticket with Ikpeazu. READ MORE

Naira loses 49 kobo, interbank lending resurges over tight liquidity

The travails of the naira have continued with the national currency losing 49 kobo yesterday, exchanging for N281.49, as the Central Bank of Nigeria intervened with an undisclosed amount in the $32 million dollar trade volume, helping the local unit to withstand pressure.

But, even at that, and in the face of the ongoing implementation of the flexible policy which has systematically devalued the nation’s currency, President Muhammadu Buhari insists he does not see any benefit that the country can derive from devaluation of the Naira.

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Buhari who restated his belief in the vigorous return to agriculture and solid mineral resources as some of the only means the nation’s economy could get quick breather made the disclosure at the traditional breaking of fast dinner he had with business community last night at the Presidential Villa, Abuja. READ MORE

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THE NATION NEWSPAPER

Alleged forgery: Buhari, Saraki in verbal exchange

The gloves were off yesterday.

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Senate President Bukola Saraki, who is facing trial for alleged forgery of the Senate Rules, accused the Executive of being the architect of his travails.

He spoke of “a government within the government of President Buhari, which has seized the apparatus of Executive powers to pursue a nefarious agenda”.

But the Presidency would not allow the allegation to go undenied.

It challenged Saraki to name the cabal in President Muhammadu Buhari’s administration.

The President’s Special Adviser on Media and Publicity, Mr. Femi Adesina, said Saraki’s claim would have been more worthwhile if it had been backed with more information. READ MORE

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Militants shoot at Ogun dep. governor, security chiefs

Suspected militants that have been tormenting communities in Ogun State yesterday prevented a convoy led by Deputy Governor Mrs. Yetunde Onanuga from accessing a part of Ebute-Ibafo in Obafemi Owode local government.

In the entourage were Bridgade Commander, 35 Artillery Army Bridgade, Alamala Barack, Abeokuta, Brigadier – General Mohammed Danqalis, the Director of the Department of State Service(DSS), Ogun state Command, Mr Kabiru Sanni, Deputy Commissioner of Police(Operations), Mr Bello Makwashi, Secretary to the State Government Taiwo Adeoluwa, Commisdioner for Information and Orientation, Dayo Adeneye, the Baale of Ebute – Ibafo, Chief Afolorunsho Balogun, the Olu of Imusin, Oba Taiwo Adebunmi Bamgbose and five other traditional rulers. READ MORE

EFCC arrests Fayose’s associate

An associate of Ekiti State Governor Ayodele Fayose, who is alleged to have received huge cash from former Minister of State (Defence) Musiliu Obanikoro on behalf of the governor, has been arrested by the Economic and Financial Crimes Commission (EFCC).

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Mr. Abiodun Agbele is reportedly detained at the Lagos office of the EFCC.

EFCC spokesman Wilson Uwujaren confirmed Agbele’s arrest.

Fayose’s spokesman, Lere Olayinka also confirmed the arrest. READ MORE

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THE PUNCH NEWSPAPER

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Presidency kicks as Saraki says cabal has hijacked Buhari govt

The President of the Senate, Bukola Saraki, on Monday, alleged that a powerful cabal within the President Muhammadu Buhari’s government had hijacked power from the retired general.

But the Presidency said Saraki’s claim was not only ridiculous but also preposterous since it was not backed by facts and detailed information. Saraki, in a statement signed by him in Abuja, however, reiterated his innocence in the charges preferred against him at the Code of Conduct Tribunal and at the FCT High Court.

He also vowed to use all legal means available to resist any attempt by forces within the Buhari’s government to persecute him for upholding his fundamental rights. READ MORE

Abia PDP backs Ikpeazu as court sacks gov

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The Abia State Chapter of the Peoples Democratic Party has expressed its support for Mr. OkezieIkpeazu, who was sacked on Monday as the governor of the state by a Federal High Court in Abuja for alleged falsification of tax receipts.

The party declared that Ikpeazu was validly nominated and elected as the state governor, adding that the PDP would support the governor to exhaust all legal instruments to reclaim his mandate.

The state Chairman of the PDP, Chief Johnson Onuigbo, who spoke with The PUNCH on the telephone on Monday, said although the party was shocked by the judgment, it would throw its weight behind the sacked governor to win his appeal. READ MORE

Nigerian pastor jailed for £4.1m fraud in UK

A Nigerian accountant and part-time pastor in the United Kingdom, Sam Kayode, has been sentenced to nine years in prison for stealing £4.1m.

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Kayode was sentenced on Friday by Woolwich Crown Court in South London for defrauding Haberdashers’ Aske’s state schools in the UK.

The part-time pastor, who earned £57,000 per annum, was convicted after being found guilty of £150,000 theft and £3.95m fraud.

Out of the £4.1m, only £800,000 was recovered from him.

Described as “dishonest” and “greedy”, the court heard how Kayode lavished the loot on four women – his wife, Grace; a second ‘wife’ in Nigeria, Olubunmi Halima; and two other women in the UK.

British prosecutor, James Thacker, said he also bought luxury cars, including a Mercedes, an Audi TT sports car and an Infiniti car with the money. READ MORE

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VANGUARD NEWSPAPER

Arraignment for forgery: Buhari, Saraki in war of words

The Presidency, and the Senate President, Dr. Bukola Saraki alongside his deputy, Senator Ike Ekweremadu, were, yesterday, locked in a war of words over the arraignment of the nation’s two top legislative officials for alleged forgery of the Senate’s Standing Rules.

While Saraki said, yesterday, that his trial with that of his deputy, Ike Ekweremadu, was a clear indication that President Muhammadu Buhari was not in charge of governance, and that a cabal had taken over his government, the Presidency said Saraki’s allegations were not only “ridiculous but also preposterous.” READ MORE

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Late publication of accounts: CBN to sack banks’ CEOs, chairmen

The Central Bank of Nigeria (CBN) has said it will sack chief executive officer and chairman of any bank that fails to publish its financial statement within the regulatory period. This was contained in the Monetary, Credit, Foreign Trade and Exchange Policy Guidelines for the 2016/2017 fiscal year released by the apex bank, yesterday.

According to the CBN, all banks must publish their financial statements latest four months after their financial year or risk severe sanction, including removal of the chief executive officer and the chairman. READ MORE

Don’t panic, I remain your governor, Ikpeazu tells Abians

Governor Okezie Ikpeazu of Abia State has asked the people of the state not to panic over the judgment of the Federal High Court Abuja, delivered today in favour of Mr. Uche Oga in the case of alleged falsification of tax receipts.

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Governor Ikpeazu, who said that he had faith in the judiciary and rule of law, added that he will appeal the ruling as he had instructed his lawyers to immediately file an appeal against the said judgment. READ MORE

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