Read today's newspaper headlines [Tuesday, September 20, 2016]
Find out what is making headlines all over the country from the covers of The Nation, The Punch, The Guardian, Business Day and Vanguard.
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For today, September 20 2016:
THE GUARDIAN NEWSPAPER
NJC probes judges linked to conflicting judgements
A probe of judges involved in some recent conflicting judgments in the country has begun, the Chief Justice of Nigeria, Mahmud Mohammed, disclosed yesterday.
Government moves to privatise electricity transmission firm
The Federal Government is planning to hand over the (TCN) to private sector concessionaires.
CAN joins Buhari to seek aid for IDPs
President Muhammadu Buhari yesterday asked the international community for humanitarian assistance to victims of terrorism in the Northeast.
THE PUNCH NEWSPAPER
Manufacturers back Finance minister’s call for interest rate cut
The Minister of Finance, Mrs. Kemi Adeosun, has called on the Central Bank of Nigeria to lower interest rate so that the government can borrow domestically to boost the economy without increasing debt servicing costs.
Judges giving conflicting judgments under probe –CJN
The Chief Justice of Nigeria, Justice Mahmud Mohammed, on Monday, declared that judges, who in the recent past in the country, gave conflicting judgments from courts of concurrent jurisdiction, were being investigated based on petitions against them.
Reps set for rowdy session as N’Assembly resumes today
The House of Representatives may witness a rowdy session as it resumes today (Tuesday) in connection with the alleged budget padding scandal in the chamber in which the House principal officers have been accused by the sacked House Chairman of the Appropriation Committee, Abdulmumin Jibrin.
THE NATION NEWSPAPER
EFCC seizes three mansions from Shema
Detained former Katsina State Governor Ibrahim Shema’s three mansions have been seized over his alleged involvement in a N74.6billion fraud. The houses remain seized until the Economic and Financial Crimes Commission (EFCC) concludes its probe of the allegation.
CJN: Judges under probe for conflicting decisions
Judges who issue confliciting judgments were warned yesterday to pull the brakes on their action.
Osinbajo blames recession on militancy
Vice President Yemi Osinbajo has put the blame for the economic recession on the bombings of oil installations in the Niger Delta.
THE BUSINESSDAY NEWSPAPER
Rate cut way out of recession - Adeeosun
In an unprecedented signalling ahead by the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) rate decision expected today, Finance Minister, Kemi Adeosun said the CBN should lower interest rates so the government can borrow domestically to boost the economy, without increasing its debt-servicing costs. READ MORE
Parents, schools seek creative solutions to fees as depression bites harder
Most schools resumed on Monday, amid inflationary trend that is driving up the cost of goods and services without commensurate increase in parents' income. Some parents are having to decide in some cases between food and school fees for their chidren. Others are moving their children/wards from high fee paying schools to lower ones, or from private schools to public ones. School proprietors are likewise formulating creative financial solutions to keep their clients.
Experts point to to lack of policy, investor-security for infrastructure deficit
As in housing and mortgage, where deficits are substantial with estimated value at N60 trillion and $38 billion respectively, Nigeria has deficit in infrastructure estimated at $300 billion by the African Development Bank (AfDB) which experts attribute to lack of enabling policy and security of investors.
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