Punch Newspaper Review

Punch Newspaper Headlines (Monday, 08 March, 2021 Edition)

The Governor of the Central Bank of Nigeria, Godwin Emefiele

Good Morning Nigeria! Hope you all are doing your part to help stop the spread of COVID-19!

Here’s our picks on today’s top buzzy stories on Punch Newspaper. We prepare it as a quick-read for our visitors who also enjoys Punch News.

Banks woo customers with new CBN ‘naira-4-dollar’ policy

Deposit Money Banks on Sunday started wooing customers ahead of the commencement of the latest ‘Naira-for-Dollar’ policy of the Central Bank of Nigeria.

CBN Governor, Godwin Emefiele, had on Saturday announced the introduction of an incentive of N5 for every $1 of fund remitted to Nigeria through International Money Transfer Organisations in the bank’s new forex policy.

He said the move was part of CBN’s reforms to boost the inflow of foreign currency into the country, adding that the N5 for every $1 fund remitted to Nigeria initiative would begin on Monday (today).

EFCC invites Ondo Speaker, Clerk over alleged fraud

The Economic and Financial Crimes Commission has invited for questioning the Speaker, Ondo State House of Assembly, Mr Bamidele Oleyelogun, over an allegation of fraud that allegedly rocked the Assembly recently.

Besides the speaker, it was gathered that the Clerk of the Assembly, Mr Bode Adeyelu, and the Deputy Clerk, Mr Amos Olowogorioye, and the Chairman, House Committee on Tertiary Education, Mr Felemugudu Bankole, and some civil servants were invited by the anti-graft agency.

A source in the Assembly stated the fraud was allegedly committed in 2019 when the lawmakers were said to have attended a two-day seminar organised by the National Productivity Centre, Lagos and it was later discovered that they did not attend the said seminar.

We spent N966bn on pipeline repairs, NNPC replies AuGF

The Nigerian National Petroleum Corporation has explained that it spent N966bn to repair pipelines between 2010 and 2015.

NNPC stated this in response to the query raised in the 2016 report of the Auditor General for the Federation

The Chairman of the Senate Public Account Committee, Senator Mathew Urhoghide, is currently scrutinising the AuGF report. The Senate panel insisted that the NNPC had a case to answer on why it allegedly failed to remit N4tn into the federation account as contained in the AuGF report.

EFCC helping to retrieve N11bn in bank, N6bn stolen –NHIS

The National Health Insurance Scheme is making efforts to recover some missing funds estimated at about N27bn, its Executive Secretary, Prof. Mohammed Sambo, has said.

While expressing optimism that the NHIS Amendment Bill pending before the National Assembly for passage would change the face of health insurance in the country, he said a review of the NHIS Act would allow the agency to enroll more Nigerians.

He stated these in the progress report of the NHIS which he presented after a management meeting in Kaduna, but obtained by journalists in Abuja on Sunday. “We have about N11bn trapped in the Federation Account since 2014. We have been meeting with the Minister of Finance to see how to get it back. Also, we have been pursuing another N10bn lodged in Heritage Bank and the Economic and Financial Crimes Commission has been helping us to recover it.

Compel herdsmen’s leaders to produce farmers’ killers, PDP tells Fayemi

Following the killing by suspected Fulani herdsmen of two farmers; Mr Toyin Akeju, also known locally as Jisoro, and Mr Yusuf Onuche, the Peoples Democratic Party has called on Governor Kayode Fayemi to compel leaders of herders in the state to fish out the farmers’ killers. The farmers were killed in Isaba Ekiti in the Ikole council area of Ekiti State.

The state PDP on Sunday decried the incessant killings by suspected Fulani herdsmen in the state and challenged the governor to stop playing politics, but take decisive steps to end the mindless killings.

The opposition party, in a statement by its state Publicity Secretary, Raphael Adeyanju, titled, ‘Stop playing politics with lives of Ekiti people, be proactive against herdsmen, PDP tells Fayemi’, said, “The governor must stop shedding crocodile tears and acting political correctness on the killings in the state. It is important that leaders of Fulani herders in the state are summoned by the government and handed a marching order to produce killers of those persons in Isaba Ekiti because they cannot claim not to know the killers among their people.

Unprecedented looting happening under Buhari’s watch, says PDP

The Peoples Democratic Party has challenged the President, Major General Muhammadu Buhari (retd.), to speak up on the latest alleged financial scandal involving officials and individuals close to his regime.

The main opposition party on Sunday said the Buhari Presidency can no longer afford to keep quiet in the face of allegations that close aides defrauded Nigeria of funds of up to N51 billion out of which N 2.5 billion was wired to a member of the President’s immediate family.

This was contained in a statement titled, “PDP Calls Out Buhari Presidency On Corruption…Tasks PMB To Speak out on alleged N2.5bn Transfer to Family Member,” signed by the party’s National Publicity Secretary, Kola Ologbondiyan, in Abuja.

Oshiomhole wanted to transform to godfather, derail our plans – Shaibu

The Edo State Deputy Governor, Philip Shaibu, on Sunday said he was brutalised in a bid to end godfatherism and ensure that the then governor of the state, Adams Oshiomhole, successfully completed his two terms in office.

Shaibu, who disclosed this in his remarks at the reception for the outgone local government chairmen, said he was always loyal to a worthy course.

“People say I am loyal to Obaseki, but I will say I am loyal to a course. I was brutalised and injured and had my knees replaced under Comrade Adams Oshiomhole’s administration because some godfathers wanted to derail our plans of making poverty history. We fought on the side of the people and the beneficiary of that struggle was Oshiomhole. In this new fight, he (Oshiomhole) has now become the godfather who is trying to derail our plans and I fought on the side of Governor Godwin Obaseki in making poverty history in Edo.

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