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Nigerian Newspapers Today Read today's newspaper headlines [Thursday, April 14 2016]

Read today's newspaper headlines [Thursday, April 14 2016]

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Find out what is making headlines all over the country from the covers of The Punch, Vanguard, The Guardian and more.

For today, April 14 2016:


We’ll treat pipeline vandals like Boko Haram, Buhari warns
President Muhammadu Buhari has warned that henceforth, the activities of vandals and saboteurs blowing up oil and gas installations will get the same reaction from his government as that being taken against Boko Haram insurgents by the Armed Forces. READ MORE

‘How Oronsaye used N190m diverted from govt’
Olubunmi Ojoko, another prosecution witness in the ongoing trial of Stephen Oronsaye yesterday told Federal Capital Territory High Court sitting in Maitama, Abuja how the former Head of Service used N190 million diverted from the Federal Government. READ MORE

Banks in brisk business with new naira notes, reject old bills
By management directive or individual discretion, banks in the country have gradually become an outlet for new notes to currency hawkers, who in turn make brisk business at various party centres across the country, particularly Lagos State. READ MORE


Don’t sign 2016 Budget, Southern senators tell Buhari
ABUJA—The controversy trailing the 2016 budget of the Federal Government got messier, yesterday, as legislators in the two chambers of the National Assembly, NASS, broke ranks with the official position of NASS which blamed the Presidency for the fiasco. READ MORE

Chibok girls anniversary: Account for billions of naira budgeted for education, FG tells states, LGs
Abuja — The Vice President, Prof. Yemi Osinbajo, has called on Nigerians, especially civil society organizations, to make states and local government’s account for the hundreds of billions of naira budgeted for education over the years. READ MORE

We spend $1.8bn to import fuel every quarter — NNPC
ABUJA—Nigeria National Petroleum Cooperation, NNPC, has revealed that an average of $1.8 billion is spent on quarterly basis on the importation of Premium Motor Spirit, PMS, also known as fuel, into the country. READ MORE


Protesters block Aregbesola’s convoy
Members of the Campaign for the Defence of Human Rights who staged a public protest against corruption in Osogbo, the Osun State capital on Wednesday, stopped the convoy of Governor Rauf Aregbesola on his way to the office. READ MORE

Budget: Calabar-Lagos rail project splits Senate
Senators from the southern part of Nigeria have asked President Muhammadu Buhari to withhold his assent to the 2016 budget if the Appropriation Committees of both chambers of the National Assembly refuse to include the Calabar-Lagos rail project in the 2016 appropriation bill. READ MORE

States borrowed N13.1tn from banks in 2015 – NBS
The National Bureau of Statistics on Wednesday stated that the 36 states of the federation and the Federal Capital Territory got a total credit of N13.1xtn from banks in the 2015 fiscal period. READ MORE


Tearful parents watch new Chibok girls’ video
Three mothers of schoolgirls abducted from Chibok, Borno State two years ago shed tears as they identified their daughters in a video released by Boko Haram. READ MORE

Chibok girls constantly on Buhari’s mind, says Osinbajo
Vice President Yemi Osinbajo yesterday cautioned against cynicism and hopelessness about the recovery of the 217 Chibok girls abducted by Boko Haram. READ MORE

Budget: Southern senators demand Calabar-Lagos rail
A sharp division appeared to have emerged in the National Assembly over the 2016 budget. Senators of Southern states may have advised President Muhammadu Buhari to withhold his assent on the controversial budget. READ MORE


Nigeria’s FX peg stirs memory of 1994 economic misery
The slow down in Nigeria’s economy is gathering pace as capacity utilisation crashes with factories shutting down or reducing shifts on the back of a debilitating foreign exchange shortage that is also creating significant price pressures for households in the country. Analysts say Nigeria may have returned to the 1994 era when then Head of… READ MORE

Okonjo-Iweala says past government lacked political will to accumulate savings
Nigeria’s former Coordinating Minister for the Economy and Minister of finance, Ngozi Okonjo-Iweala on Wednesday said that the immediate past government lacked the political will to accumulate enough savings, explaining why the Africa’s largest economy is in a very difficult financial position today. She was speaking during one of the sessions on “Low income developing countries:… READ MORE

How to save Nigeria’s economy and stop corruption – NY Times
The collapsed price of oil is putting pressure on oil exporters around the world, from Canada to Kuwait. But perhaps no country is less prepared to survive prices at about $30 a barrel than Nigeria, which until a few years ago relied heavily on petroleum exports for its revenue. While countries like Saudi Arabia and… READ MORE

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