Vanguard Newspaper

Vanguard Newspaper Headlines (Friday, 20 March, 2020)

Ex-Deputy Senate President Ike Ekweremadu

Good Morning Nigeria! Here’s our picks on today’s top buzzy stories on Vanguard Newspaper. We prepare it as a quick read for our visitors who also enjoys Vanguard News.

Oil slump: Nigeria worst hit with mono economy — Ekweremadu

Former Deputy President of the Senate, Senator Ike Ekweremadu, has said the global pandemic, Coronavirus and the dwindling oil price will hit Nigeria most hard because the country operates a mono economy, dependent  only on oil.

Ekweremadu said if the country was economically restructured, the two global impacts would not have been felt by the entire country since the 36 states would have been operating 36 different economies, based on their comparative advantages.

COVID-19: I take responsibility for lapses in conducting PDP S/West rally ― Makinde

Governor Seyi Makinde of Oyo State has stated that he took responsibility for whatever lapses in judgement occasioned by the conduct of the Southwest Peoples Democratic Party rally in Ibadan.

The governor’s statement followed series of backlashes he received from members of the opposition in the state, over what they described as Makinde’s insensitiveness to hold a rally at a time the country is fighting hard to curb the continuous spread of Coronavirus through the banning of public gatherings in many states of the federation.

$30bn revenue leakage: Reps threaten to arrest, sanction CEOs of Telcos

THE House of Representatives yesterday resolved to issue a warrant of arrest on chief executive officers of telecommunication companies (telcos) operating in the country for tax evasion offences.

It vowed to effect the arrests in seven days, should they fail to honour a second invitation to them.

The CEOs, a few days ago, ignored an invitation extended to them by the House Committee on Finance probing revenue leakages.

Covid-19 emergencies: 4 new cases emerge; Buhari’s daughter in self-isolation

Twenty four hours after five persons tested positive to coronavirus, otherwise known as COVID-19, four new cases were confirmed in Lagos yesterday, with the state government tracing no fewer than 1,300 persons.

Also, one of the daughters of President Muhammadu Buhari is currently in self-isolation, shortly after returning from the United Kingdom.

DEREGULATION: Fuel price to be reviewed April 1 — PPPRA

In a move signalling possible deregulation of the downstream sector, the Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, said that there is the possibility of a new price regime for Premium Motor Spirit, PMS, also known as petrol on April 1, noting that the new N125 per litre pump price will last till the end of March 2020.

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