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Nigerian Newspapers Today Read today's newspaper headlines [Wednesday, April 13 2016]

Read today's newspaper headlines [Wednesday, April 13 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 13 2016:


How N150m was used to furnish Badeh’s son’s N330m duplex, by witness
A former Director of Finance in the Nigerian Air Force, Air Commodore Salisu Abdullahi Yushau (rtd) who is a prosecution witness in the ongoing trial of former Chief of Air Staff, Air Chief Marshal Alex Badeh, yesterday told the Federal High Court, Abuja how separate sums of N60 million and N90 million were paid to Platinum Universal Projects for the renovation and furnishing of Badeh’s son’s N330 million duplex in Wuse, Abuja. READ MORE

No going back on budget, says Senate
As Nigerians await resolution of the face off between the Presidency and the National Assembly over the 2016 budget, the Senate yesterday said that having passed the appropriation bill, it would not bend backward to introduce the Lagos- Calabar Rail project. READ MORE

Nigerians, UNICEF remember Chibok girls, lament damage to girl-child education
Nigeria tomorrow marks the second anniversary of the abduction of about 276 female students of Government Secondary School, Chibok, Borno State, with the failure to rescue them and government’s seeming inability to do anything about it, and the devastating effect of insurgency particularly on the girl-child again coming to the fore. READ MORE


Nigeria must not be consumer market for Chinese products —Buhari
BEIJING — Nigeria must not be seen as a consumer market alone, but an investment destination where goods can also be manufactured and consumed locally, President Muhammadu Buhari, has said. READ MORE

FG starts IDPs’ return to their homes
It was revealed yesterday that the Federal Government has started the process of  resettling the Internally Displaced Persons, IDPs, back to the areas liberated from Boko Haram insurgents in the North East. READ MORE

Calabar-Lagos rail line: We won’t revisit project, Senate tells Buhari as FG defends Amaechi
ABUJA — In what appears to be a rebuttal to the National Assembly’s submission, Monday, that the N60 billion Calabar-Lagos railway project was not captured in the 2016 budget, the Federal Government has insisted that the project was duly submitted and accepted by the lawmakers for approval. READ MORE


Senate in rowdy session, vows not to revisit budget
The Senate, after a rowdy closed session on Tuesday, said it would not revisit the 2016 budget it had passed, asking President Muhammadu Buhari to sign the document as transmitted to him. READ MORE

Five Chibok parents received calls from missing girls’ mobiles
Five parents of the abducted 219 Chibok schoolgirls have received calls from the phone numbers of their missing daughters, our correspondent gathered on Tuesday. READ MORE

‘Badeh appointed officer to convert N558m to dollars’
A former Director of Finance and Account of the Nigerian Air Force, Air Commodore Aliyu Yishau (retd.), told a Federal High Court in Abuja, on Tuesday how the immediate past Chief of Defence Staff, Air Chief Marshal Alex Badeh, diverted N558.2m from the account of the Nigerian Air Force monthly. READ MORE


Nigeria inflation highest among oil peers as FX policy backfires
Nigeria’s inflation rate which climbed to the highest level in almost four years in March is the highest among oil producing peers, a signal that the Federal Government’s naira peg is pushing up food and fuel prices and adding pressure on consumer incomes, as a majority of businesses now seek funding from the parallel market…. READ MORE

Non passage of PIB slow rig activities, new investments – Baker Hughes, FDC Research
Without the passage of the Petroleum Industry Bill (PIB) and instituting new fiscal incentives that will attract new investments, Nigeria’s rig count will remain flat in the second quarter, indicating declining investments, according to a new research by Baker Hughes and Financial Derivatives. The International Association of Drilling Contractors (IADC) reported that Nigeria’s rig count… READ MORE

CBN, China’s ICBC, agree on yuan transactions
Nigeria’s Central Bank and the Industrial and Commercial Bank of China Ltd (ICBC) – the world’s biggest lender- on Tuesday, signed an agreement on yuan transactions, a Chinese Foreign Ministry official said. “It means that the renminbi (yuan) is free to flow among different banks in Nigeria and the renminbi has been included in the… READ MORE

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