Punch Newspaper Review

Punch Newspaper Headlines (Tuesday, 3rd August, 2021 Edition)

Ex-Senate President Bukola Saraki

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.

Saraki’s EFCC invitation to scuttle his 2023 presidential bid – Yakasai

Elder statesman, Alhaji Tanko Yakasai, on Monday said the invitation of the former Senate President, Bukola Saraki by the Economic and Financial Crimes Commission, was politically motivated.

Yakasai who spoke in Kano said the invitation was a trapping of an attempt to discourage the former Senate President from vying for the Presidency in 2023. He said, “I have read a report in the social media that my son and the son of my very good friend, the late Dr. Olusola Saraki, the former Senate President, Dr. Abubakar Bukola Saraki was invited by the EFCC last Saturday, July 31, 2021. I will not be involved in anything that will obstruct or interfere with the normal duty of any law enforcement agency. However, I hope this EFCC move against the former Senate President, Dr. Bukola Saraki is not about politics or anything to do with the forthcoming elections in our country. Bukola is my son from many angles, he is a son of my late friend and political associate, Second Republic’s Senate Leader, Dr. Olusola Saraki. Besides Bukola is a friend to my eldest son.

“I hope the move against Bukola is not the beginning of political intimidation or harassment of perceived political opponents of the party in power. I do not belong to any political party in Nigeria, as my reaction is born from my commitment to the protection of individual liberty of all Nigerians regardless of their rank ethnicity creed or political inclinations.’’

Naira strengthens to 512/$1, banks sell dollar for N412

The naira appreciated against the dollar at the parallel market on Monday as deposit money banks set up foreign exchange teller points for customers in line with the directive from the Central Bank of Nigeria.

The naira strengthened to 512 against the greenback at the parallel market from the 515/$1 at which it closed on Friday. It, however, fell by 0.02 per cent to 411.50/$1 at the Investors and Exporters’ window, with a forex turnover of $121.08m, according to FMDQ Group.

The local currency had last week plunged to an all-time high of 525 against the dollar at the parallel market following the stoppage of the supply of foreign exchange to Bureau de Change by the CBN.

Every policy must lead to job creation, says Osinbajo

Vice President Yemi Osinbajo has said that the Buhari regime is prioritising job creation in every way possible, including fixing job-creation initiatives in its policies.

Osinbajo said this on Monday at the formal presentation of the Research Report of Course 29 of the National Defence College, titled “Creating Jobs and Opportunities for Africa’s Largest Youth Population,” at the Presidential Villa.

Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, disclosed this in a statement titled, ‘Why We Are Prioritising Job Creation, By Osinbajo’.

Nigeria to support Senegal in oil production -FG

The Federal Government on Monday promised that it would support Senegal by sharing Nigeria’s oil exploration experiences with the West African nation as the foreign country intensified its production of oil and gas.

Minister of State for Petroleum Resources, Timipre Sylva, made the promise in Abuja, while playing host to a delegation from Senegal, led by the country’s Minister of Petroleum and Energy, Aissatou Gladima.

Sylva told his guests that Nigeria had been into oil production for over 60 years and had grown its local content in oil the sector from three per cent to 43 per cent in 10 years. The minister said the target of the Federal Government was to grow local participation in Nigeria’s oil sector to 70 per cent by 2027. He noted that Senegal was new into the exploration of crude oil and as such would need to learn from Nigeria’s experiences in the business.

APC, PDP condemn Jega’s call for Nigerians to ditch them in 2023

THE All Progressives Congress and the Peoples Democratic Party on Monday chided former Chairman of the Independent National Electoral Commission, Prof. Attahiru Jega, for calling on Nigerians to ditch both parties in 2023.

The governing APC and the opposition PDP, in separate statements in Abuja, dismissed Jega’s calls as misguided. They were both reacting to an interview granted the BBC Hausa Service by the former INEC boss, monitored in Abuja, on Monday.

In the interview, Jega enjoined Nigerians not to trust either party with power come 2023 because they both failed when given the opportunities to serve. He said that both political parties had been tried and had failed to deliver over the last 20 years. Jega likened both parties to Siamese twins on the issue of corruption, noting that the Nigerian nation would be better off with a credible alternative platform which the Peoples Redemption Party offers.

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