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Read today's newspaper headlines [Wednesday, April 20 2016]

Read today's newspaper headlines [Wednesday, April 20 2016]

Pulse Frontpage

For today, April 20 2016:

THE GUARDIAN NEWSPAPER

Bukola Saraki’s assets form not verified by EFCC , says witnessAs the trial of Senate President Bukola Saraki continued yesterday, the first prosecution witness (PW1) admitted before the Code of Conduct Tribunal (CCT) that some of the exhibits he tendered earlier were not investigated by his team. READ MORE

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Government loses secret trial bid as Dasuki gets access to lawyersThe Federal Government yesterday lost its bid to conduct a secret trial of former National Security Adviser, Col. Sambo Dasuki, at the Federal High Court, Abuja. READ MORE

Leave when your time is up, Annan tells African leaders|Former Secretary-General of the United Nations (UN), Kofi Annan, has urged African leaders to leave when their mandated time is up and to avoid excluding opposing voices if elections are to cease contributing to conflicts on the continent. READ MORE________________________________________________

VANGUARD NEWSPAPER

We bought only 36 cars, not 108 —SenatorsABUJA— THE Senate disclosed, yesterday, that senators unanimously rejected the proposed loan to purchase their vehicles, saying none of the 109 lawmakers was interested in it. READ MORE

No Grazing Bill before us —SenateABUJA— The Senate, yesterday, denied that the National Grazing Bill was in its possession, saying it only featured during the 7th Assembly. READ MORE

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Prosecution disowns exhibits against SarakiABUJA—The prosecution witness against Senate President, Bukola Saraki, and Economic and Financial Commission’s operative,  Mr. Michael Wetcas, yesterday disowned the documents tendered against him, saying most of the petitions were filed in 2012, while his investigating team was constituted in 2014. READ MORE________________________________________________

THE NATION NEWSPAPER

Saraki’s trial: Senate under fire for inviting CCT chairSenators were yesterday under attack for summoning the Chairman of the Code of Conduct Tribunal (CCT), Justice Danladi Umar, who is presiding at Senate President Bukola Saraki’s  trial for alleged falsification of assets. READ MORE

Malabu Oil deal: EFCC quizzes SNEPCO boss over $1.092b settlement cashThe Economic and Financial Crimes Commission( EFCC) has quizzed the Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCO), Mr. Bayo Bashir Ojulari over the controversial  Malabu oil block (OPL 245) deal. READ MORE

Warri, Lagos, Brass oil & gas Free Zones ‘illegal’Stakeholders, including civil society groups and the legal community, have berated the Oil and Gas Free Zone Authority (OGFZA) for the establishment of “illegal three Oil and Gas Free Zones”. READ MORE________________________________________________

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BUSINESS DAY NEWSPAPER

Impasse over 2016 budget plunges manufacturing, may depress Q1 GDPNigeria’s manufacturing sector is on death row as bickering between the Presidency and the National Assembly over the 2016 budget continues to delay infrastructure needed to push the sector. The sector has been in recession for three quarters and needs regular electricity, accessible roads, functional railways, new technology and incentives, all of which are factored… READ MORE

Regulation terms of agreement still haunting embedded power schemeThe last may not have been heard of the much mouthed embedded power generation which it was thought would provide immediate power relief to both corporate and individual consumers. BusinessDay gathered that regulatory lethargy and the review of terms between the electricity distribution companies(Discos) and those generating companies participating in the embedded power generation  concept … READ MORE

Nigeria’s FX control pushes foreign investors to EgyptThe Federal Government insistence on a fixed naira/dollar peg may be shifting the focus of foreign investors to Egypt, BusinessDay has learnt. This is because the Federal Government’s insistence on a fixed naira-dollar peg is hurting  foreign as well as local investors. While the foreign investors feel they are not getting the real value for… READ MORE

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