Read today's newspaper headlines [Tuesday, February 20, 2018]

THE GUARDIAN NEWSPAPER

FG queries Magu, Keyamo over graft charges against CCT boss

The Federal Government has queried the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, and an Abuja-based lawyer, Mr. Festus Keyamo.The reprimand followed corruption charges they filed against the Chairman, Code of Conduct Tribunal (CCT), Mr. Danladi Umar.

Emir of Kano, herders’ body back Ekiti’s anti-grazing law

The Emir of Kano, Muhammadu Sanusi II, has endorsed the Ekiti State Anti-Grazing Law, saying the piece of legislation encourages peaceful co-existence.Also, the national president of the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), Alhaji Muhammadu Kiruwa, commended Governor Ayodele Fayose for the enactment, noting that the law caters for all interest groups.

Niger ex-governor, Aliyu debunks FG’s claim of 7000 electricity megawatts

A former Governor of Niger State, Muazu Babangida Aliyu, has debunked Federal Government’s claim of generating 7, 000 megawatts of electricity.

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VANGUARD NEWSPAPER

Boko Haram attacks girls school in Yobe

Boko Haram jihadists launched an attack on a girls boarding school in northeast Nigeria but the students and teachers fled to safety, witnesses said Monday.

I paid DSS men, others N1m to bring in 661 rifles

Mamudu Hassan, one of the accused persons standing trial over unlawful importation of 661 sophisticated pump action rifles into the country last December, yesterday told a Federal High Court sitting in Lagos, that he paid a sum of N1 million to officials of the Department of State Security, DSS, and other security agencies to smuggle the guns out of Apapa Ports.

Count me out of Obasanjo’s Third Force – Soyinka

Nobel Laureate, Prof. Wole Soyinka, has said he should be examined by a psychiatrist, if he joins the Coalition for Nigeria Movement, CNM, spear-headed by ex-President Olusegun Obasanjo.

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THE PUNCH NEWSPAPER

Middle Belt groups, Afenifere, others kick as ACF rejects state police

The Arewa Consultative Forum has rejected the proposal for the creation of state police, saying the privilege will be abused.

Emir Sanusi, Miyetti Allah back Fayose’s grazing law

The Emir of Kano, Alhaji Mohammed Sanusi 11 and the National President of the Miyetti Allah Cattle Breeders Association of Nigeria, Alhaji Muhammadu Kiruwa, have declared support for the Ekiti State’s anti-grazing law.

Abia couple sells own newborn baby for N400,000

After three weeks of investigation, the Monitoring Unit of the Criminal Investigation and Intelligence Department of the Imo State Police Command has nabbed a couple for allegedly selling their daughter, Chinecherem, for N400,000, a few hours after delivery.

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THISDAY NEWSPAPER

Kachikwu: Nigeria Targets 50% Local Shareholding in Oil Industry in 10 Years

Nigeria will grow local investments and shareholdings of its oil and gas industry to 50 per cent within the next 10 years, the Minister of State for Petroleum, Dr. Ibe Kachikwu, said on Monday in Abuja.

Adeosun Appeals for Global Cooperation against Tax-evading Multinationals

The Minister of Finance, Mrs. Kemi Adeosun, has called for the designation of tax malpractices by multinational corporations in Nigeria and other developing countries as 'foreign corrupt practices'.

Discord in Corruption War as Malami Queries Magu over CCT Chairman, Umar’s Prosecution

Signs that the discord in President Muhammadu Buhari’s war against corruption has deepened emerged on Monday as news broke of a query by the Attorney General of the Federation (AGF) and Minister of Justice, Mr Abubakar Malami, to the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, asking him to explain his decision to file corruption charges against the Chairman of the Code of Conduct Tribunal (CCT), Mr. Danladi Umar.

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BUSINESSDAY NEWSPAPER

Asset replacement cost pushes insurance industry loss ratio to 80%

High cost of asset replacement, fuelled by dollar scarcity during the 2017 financial year has shut up insurance sector loss ratio from 35 percent to 80 percent.

Stakeholders worry as $1.53bn Lekki port project runs years behind schedule

Twelve years after it was publically announced that Tolaram Group in partnership with the Nigerian Port Authority (NPA) and the Lagos State Government were partnering to build Nigeria’s deepest seaport at Ibeju-Lekki area of Lagos, the project is yet to be completed largely due to financial challenges and delays on the part of the project.

Banks’ branch managers perch on N25bn diesel consumption to hold back

For fear of losing their loot from diesel money, managers of bank branches may be pushing back on plans to replace generators with solar systems by banks across the country.