Read today's newspaper headlines [Wednesday, November 8, 2017]

THE GUARDIAN NEWSPAPER

Buhari presents N8.612 trillion budget for 2018

President Muhammadu Buhari yesterday presented to a joint session of the National Assembly a budget estimate of N8.612 trillion for the 2018 fiscal year.

Senate rejects probing excess crude account, seeks abolition

The Senate has thrown out a motion seeking a thorough investigation into alleged abuse of the Excess Crude Account (ECA) from 2004 to date.

Funding threatens Nigeria’s participation in World Cup, Commonwealth Wealth Games

Stakeholders in the Nigerian sports’ sector have raised the alarm over what they described as the country’s poor preparations for the Gold Coast Commonwealth Games and FIBA Women World Cup in 2018 as well as the FIFA World Cup scheduled to hold in Russia also next year.

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VANGUARD NEWSPAPER

Buhari cuts deficit, presents N8.6trn budget 2018

President Muhammadu Buhari, yesterday, presented the 2018 budget to the National Assembly, indicating a 15 per cent scale back on total deficit at N2.005 trillion, down from N2.36 trillion stated in 2017 budget.

FG yet to fly Ekwueme aboard for treatment as family refutes death rumour

The family of former Vice President, Dr Alex Ekwueme, has dismissed the report making the rounds that the elder statesman is dead. The family said the posts, which emerged on social media, yesterday, were unfounded as the elder statesman is still alive and his health condition improving.

Paradise Papers: FG to probe users of tax havens – Adeosun

The Federal Government is to investigate all Nigerian who have been linked to offshore accounts in some tax havens as leaked by Paradise Papers.

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THE PUNCH NEWSPAPER

FG’ll prosecute tax defaulters who shun VAIDS – Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday said that the Federal Government would prosecute tax defaulters who fail to take advantage of the nine-month amnesty period offered under the Voluntary Assets and Income Declaration Scheme.

Avengers: Military deploys helicopters in N’Delta, destroys oil storage

Residents of Oporoza, the traditional headquarters of Gbaramatu Kingdom, and home town of wanted former Niger Delta militant leader, Chief Government Ekpemupolo, in the Warri South West Local Government Area of Delta State, were on Tuesday thrown into panic when they saw two military helicopters hovering round the community.

2018: Buhari bans recruitment by MDAs, presents N8.612tn budget

President Muhammadu Buhari on Tuesday banned fresh recruitment by all Federal Government Ministries, Departments and Agencies, except by presidential approval.

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THISDAY NEWSPAPER

Buhari Doubles Down on Infrastructure, Proposes N8.6 Trillion Spending Bill

In a bid to meet his administration’s target to restore the budget calendar to the January-December fiscal cycle, President Muhammadu Buhari Tuesday presented the N8.612 trillion 2018 Appropriation Bill to a joint session of the National Assembly, representing a 16 per cent increase over the N7.441 trillion budget for 2017.

Adeosun: Offshore Tax Havens, Avoidance Schemes Not Illegal

As revelations from the Paradise Papers continue to make waves globally, the Minister of Finance, Mrs. Kemi Adeosun, has clarified that offshore tax havens are not illegal insofar as Nigerian taxpayers using such shelters have paid the applicable taxes locally before the transfer of funds or assets to the tax shelters.

Oil Spills Linked to Infant Deaths in Niger Delta

Babies in Nigeria are twice as likely to die in the first month of life if their mothers were living near an oil spill before falling pregnant, researchers have found.