Trending headlines in Nigerian Newspapers Today Tuesday, 19th March, 2019

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Nigeria newspaper

Trending headlines in Nigerian Newspapers Today Tuesday, 19th March, 2019 – This is the summary of top 10 Nigerian newspapers headlines today, Tuesday, March 19 2019.

1) Why I ordered Onnoghen’s suspension, by CCT chair

Code of Conduct Tribunal (CCT) Chairman Danladi Yakubu Umar yesterday defended the ex-parte application he granted for the suspension of Justice Walter Onnoghen as the Chief Justice of Nigeria (CJN).

The decision is in line with the inherent powers of the tribunal, Umar said, adding: “It is left to the appellate court to determine whether or not the order was rightly or wrongly granted.”

He also explained why the tribunal did not comply with orders by the High Court of the Federal Capital Territory (FCT) and the National Industrial Court to halt Justice Onnoghen’s trial. They are courts of coordinate jurisdiction, Umar said.

2) Zenith Bank directors happy with 2018 financial reports

Zenith Bank directors has said Steady and sustained growth in key performance indicators despite challenging operating environment show the exceptionally good financial health of the bank.

At the annual general meeting yesterday in Lagos, Chairman, Zenith Bank Plc, Mr Jim Ovia, said the 2018 business year was a challenging year for all operators in the Nigerian banking industry.

He said the bank was able to fully explore opportunities within the environment to record a performance that attested to its durability and resilience as a brand.

3) Nigeria set to become world’s third-largest palm oil producer

Nigerian federal government has set a target to become the world’s third-largest palm oil producer in an ambitious plan which was announced yesterday by the Central Bank of Nigeria (CBN).

FINANCIAL WATCH gathered the plan is to overtake Thailand and Columbia as major palm oil producers.

Addressing stakeholders in the palm oil industry in Abuja yesterday, CBN Governor Godwin Emefiele stated: “Our ultimate vision is to overtake Thailand and Columbia to become the 3rd largest producer over the next few years.”

The CBN boss noted: “If we had kept pace with our peers in supporting improved cultivation of palm oil, at the current global market price of $600 per tonne, and an assumed production level of 16m tonnes, Nigeria could have generated close to $10bn worth of foreign exchange for the country.

4) Drama as LASEMA, LASBCA disagree on collapsed building

Did House 57, Egerton Street in Oke Arin on Lagos Island collapse yesterday?

Yes, it did, the Lagos State Emergency Management Agency (LASEMA) said.

But the State Building Control Agency (LASBCA) described LASEMA’s assertion as “untrue,” saying no building collapsed.

A national newspaper quoted Director of the Lagos State Fire Service, Rasaki Musibau, as saying that the building had a partial collapse.

LASBCA, however, insist that no such thing happened.

5) EFCC fails to open trial in case against ex-SGF, Babachir Lawal, others

The scheduled commencement of trial in the N544million criminal case against ex-Secretary to the Government of the Federation (SGF), Babachir Lawal and others was stalled on Monday owing the amendment effected on the charge by the prosecution.

The Economic and Financial Crimes Commission (EFCC) had, on February 12 this year, arraigbed Lawal, his brother, Hamidu David Lawal (a director of Rholavision Engineering Limited), an employee of the company, Sulaiman Abubakar and the Managing Director of Josmon Technologies Limited, Apeh John Monday before Justice Jude Okeke of the High Court of the Federal Capital Territory (FCT) in Maitama.

Arraigned with them, on the 10-count charge filed by the EFCC, are two firms – Rholavision Engineering Limited and Josmon Technologies Limited.

6) Boko Haram terrorists attack Adamawa community

The military on Monday chased out insurgents who tried to enter Michika, a commercial town in Adamawa, after a fierce battle that raged for hours.

Some residents of Michika told the News Agency of Nigeria (NAN) that they started hearing gunfire and explosions around 7 p.m. on Michika- Lassa road as the insurgents, who approached the town, were confronted by the military.

“We are hearing gunshots and the fight is raging on,” a resident of Michika who simply identified himself as Idris, said.

“Pray for us; Boko Haram are trying to enter Michika,” another resident, Teri, said.

7) Why I ordered Onnoghen’s suspension, by CCT chair

Code of Conduct Tribunal (CCT) Chairman Danladi Yakubu Umar yesterday defended the ex-parte application he granted for the suspension of Justice Walter Onnoghen as the Chief Justice of Nigeria (CJN).

The decision is in line with the inherent powers of the tribunal, Umar said, adding: “It is left to the appellate court to determine whether or not the order was rightly or wrongly granted.”

He also explained why the tribunal did not comply with orders by the High Court of the Federal Capital Territory (FCT) and the National Industrial Court to halt Justice Onnoghen’s trial. They are courts of coordinate jurisdiction, Umar said.

8) Success’ viral video: Delta suspends school head, sets up panel

The Delta State Government has suspended the head teacher of Okotie-Eboh Primary School in Sapele Local Government Area, Mrs Vero Igbigwe, for allegedly collecting unauthorised fees including examination levies from schoolchildren.

This is coming following a viral video that shows a schoolgirl, Success Adebor, protesting against the school’s decision to send her home over her parents’ failure to pay her second term examination fee.

The state Commissioner for Education, Mr Chiedu Ebie, who stated this on Monday when he visited the school to verify the claims in the video, said the Governor Ifeanyi Okowa administration would not tolerate any form of extortion by state officials.

9) Alleged withdrawals: Imo doesn’t have N17bn, Okorocha tells Ihedioha

Imo State Governor Rochas Okorocha has challenged  Chief Emeka Ihedioha to probe him over the state chapter of the Peoples  Democratic Party’s allegation that he withdrew N17bn from bank accounts belonging to the state government within four days.

Ihedioha, who won the March 9 governorship poll in the state on the platform of the PDP,  will succeed Okorocha on May 29.

The ex-Deputy Speaker of the House of Representatives had threatened to recover what he called “Imo Property” from Okorocha,  warning financial institutions against further dealings with the governor.

10) Nigeria’s export to France, Spain, three others hit N2.286tn

Nigeria’s total export to five major countries totalled N2.28tn in the fourth quarter of 2018.

Data obtained from the National Bureau of Statistics on commodity price indices and terms of trade (Q4 2018) revealed that Nigeria’s exports to Spain and China were N569.4bn and N113.3bn, while the figures for The Netherland, France and India were N328.7bn, N494.9bn and N780.1bn respectively.

India was Nigeria’s major export market in Q4 2018 accounting for 15.5 per cent (N780.1bn) of total exports.

The largest export commodity to India was crude oil (N730.3bn). This was followed by natural gas liquified (N39.1bn), sesamum seed (N4.1bn), cashew nuts (N2.0bn) and others.

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