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Pulse Frontpage Read today's newspaper headlines [Tuesday, July 26, 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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Find out what is making headlines all over the country from the covers of The Punch, Vanguard, The Guardian and more.

For today, July 26 2016:


Civil servants kick, want Buhari to reverse suspension of eight-year tenure

Federal civil servants are bristling with rage at the suspension of the eight-year tenure policy for directors and permanent secretaries.

Senate clears National Assembly of budget padding

Protesting its innocence, the Senate yesterday declared that it could not have been complicit in the alleged padding of the N6.06 trillion 2016 budget by the House of Representatives when the National Assembly is the authority statutorily empowered to produce the nation’s fiscal plan. READ MORE

Presidency proposes $42.5 oil price benchmark for 2017

For the next fiscal year, the executive arm of government has proposed a crude oil benchmark price of $42.5 per barrel, up from the $30 in the 2016’s budget.



Kogi loses N213bn to ghost workers

LOKOJA—Kogi State Government has lost N213,036 billion to ghost workers in 16 years, according to its audit committee.

CBN orders banks to publish all forex transactions on FMDQ

The Central Bank of Nigeria (CBN) has ordered banks to publish details of all foreign exchange transactions on the Financial Market Dealers Quote (FMDQ) platform.

Padded Budget: Obasanjo, Lawmakers in war of words

ABUJA — Sequel to the allegations of corrupt practices in the National Assembly, especially with regards to the padding of the 2016 budget in the House of Representatives, former President Olusegun Obasanjo, yesterday, said the National Assembly was filled with rogues and armed robbers. READ MORE



Police probe Jibrin’s allegations against Dogara, others

There are indications that the police have begun probing the allegations of budget padding levelled against the Speaker, House of Representatives, Yakubu Dogara and other principal officers by a former House Committee Chairman on Appropriation, Adbdulmumin Jibrin. READ MORE

AGF to reopen Ibori, 30 ex-govs’ corruption cases

Fresh troubles may be ahead of some former governors as the Attorney General of the Federation and Minister of Justice, Mr. Abukakar Malami, is set to reopen corruption cases for which they were earlier investigated by the Independent Corrupt Practices and other related offences Commission. READ MORE

Any corrupt APC member will face trial – Buhari

President Muhammadu Buhari has said he will not hesitate to prosecute party loyalists and those who supported his Presidency bid during the 2015 presidential election if any of them was involved in corrupt practices. READ MORE



Budget scam: Buhari must be vigilant, says Obasanjo

Former President Olusegun Obasanjo yesterday spoke on the budget padding crisis rocking the House of Representatives, saying the accusations vindicated his position on the lawmakers’ conduct. He advised President Muhammadu Buhari to be vigilant. READ MORE

EFCC arrests FUTA, AAU students for alleged N16m Internet scam

The Economic and Financial Crimes Commission, Ibadan Zonal Office has arrested five suspected undergraduate scammers for about N16million Internet fraud. READ MORE

Forex restrictions adversely affected economy, Fed Govt laments

The Federal Government yesterday lamented that the foreign exchange restrictions by Central Bank of Nigeria (CBN) in the first half of this year adversely affected the economy.



Economy planting seeds of growth amidst mixed data

The Nigerian economy is planting growth seeds and may be close to bottoming out, even as mixed, mostly backwards looking economic data hides the traction being made.

Nigeria already lost over N1trillion revenue target

The Federal Government realised just N862.959 billion revenue between January and June 2016, losing about N1.06491 trillion targeted for the period, as soft oil prices, output shortage and a slow down in economic activity weighed significantly on earnings.

NASS full of rogues Obasanjo reaffirms

Former President Olusegun Obasanjo has urged president Muhammadu Buhari to be vigilant in his dealings with the National Assembly, reiterating that they are corrupt. READ MORE

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