Major Headlines in Newspapers Today

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Major headlines in select Nigerian newspapers for today,November 25,2015

Looters paying up, to face trial soon, says Buhari- GUARDIAN

IN a clear admission of guilt, some past public officers who misappropriated funds have discreetly begun to return such stolen funds into government coffers.

President Muhammadu Buhari, who is attending the third Gas Exporting Countries Forum (GECF) in Iran, made the disclosure in Tehran, the Iranian capital at a forum with the Nigerian community in that country.

Buhari admitted that there were those he called saboteurs working to frustrate the nation’s quest for steady electricity supply. He, however, noted that steps were being taken to ensure that the schemes of such saboteurs were neutralised. continue reading here

 

The Minister of Communications, Adebayo Shittu, said on Tuesday that President Muhammadu Buhari would decide MTN Nigeria’s fate regarding the N1.04tn fine imposed on it by the Nigerian Communications Commission.

He stated that the President would take the final decision on the matter at the appropriate time and “in the public interest.”

The minister also said that Buhari’s decision would be on the basis that the “government and MTN are on the same page that rules had been broken in this instance.”

Shittu stated this on the sidelines of the Alliance 4 Affordable Internet Nigeria Coalition Conference in Lagos, according to an online publication, Technology Times.

“The issue is now before Mr. President. He will take the necessary decision at the appropriate time. I think Nigerians will expect that Mr. President would do the best to ensure that the public interest is guaranteed,” he said.continue reading here

FIRS to generate N4.5trn revenue in 2016 –Fowler-NEW TELEGRAPH

The Federal Inland Revenue Service (FIRS) has said that it was targeting to rake in the sum of N4.5tr in 2016 in a bid to raise the country’s revenue profile. T his was disclosed yesterday by the Acting Executive Chairman of the Service, Babatunde William Fowler while appearing before the Senate Committee on Finance at the National Assembly complex.

Speaking during his screening by the Senate Committee, he said the revenue from the country’s Value Added Tax (VAT) would be increased from N500m to N2.5tr next year. He also said the proposed N8trillion budget for 2016 was realisable, saying “the Vice President was not aware of this projection before disclosing the proposed N8trillion budget. “If oil can generate N1trillion, the Customs and us can generate N4.5trillion. So, the budget of N8trillion is quite durable. “Our projection of N4.5trillion does not include an increase in VAT.

This is because we are of view that tax should be fair, “ he said. Warns against repeat of NIS tragedy in proposed recruitment of 10,000 policemen Meanwhile, the Senate yesterday resolved to investigate the reasons behind the non-publication of reports on air crashes that occurred in the country by the Accident Investigation and Prevention Bureau, AIPB.continue reading here

 

PDP kicks as INEC asks APC to replace Audu-VANGUARD

The Independent National Electoral Commission, INEC, yesterday, invited the All Progressives Congress, APC, to forward a replacement for Prince Abubakar Audu, its dead candidate in the inconclusive Kogi State governorship election, thereby throwing up fresh legal and political firestorm in the state.

The INEC decision followed a pronouncement to that effect by the Minister of Justice, Mallam Abubakar Malami. While the APC welcomed the decision, the opposition Peoples Democratic Party, PDP demanded Malami’s resignation as it described the decision as an affront to democracy laced with mines to torpedo the democratic choice of the people in Kogi State.afa

Meanwhile, APC, ahead of the December 5 supplementary polls to conclude the governorship election, has proposed fresh primaries to throw up a replacement for late Audu. At press time, yesterday, the APC hierarchy in Abuja and Lokoja were still undecided on the mode of the potential primary contest.

There was also a cloud on whether it would be restricted to only those who bought the initial forms or opened up to new entrants, a possibility that could draw in Audu’s running mate, Rep. James Faleke and Alhaji Isah Jibrin Echocho who recently defected from the PDP after a stormy political battle with the incumbent governor, Captain Idris Wada.continue reading here

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