Below are the headlines found on The Punch Online Newspaper for today, Monday, 26 June, 2017.

Senate's hypocrisy on 2014 conference report
Mon, 26 Jun 2017
Facing a moment of reality, the Senate asked the President recently to submit the 2014 national political conference report to it for consideration. The conference, organised by the last administration for reasons not altruistic, however, ended up with far-reaching decisions. But unlike the Senate, the House of Representatives is distilling the report, which is already []
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2018: FG warns MDAs against inflating personnel budgets
Mon, 26 Jun 2017
Ifeanyi Onuba, Abuja The Federal Government has issued a warning to the chief executive officers of all its Ministries, Departments and Agencies against inflating their personnel budgets for the 2018 fiscal period. The move is part of the measures aimed at checking cases of ghost workers as well as reducing the rising wage bill, which []
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Road: Ogun to give preference to indigenous contractors
Mon, 26 Jun 2017
Maureen Ihua-Maduenyi The Ogun State Commissioner for Works and Infrastructure, Mr. Olamilekan Adegbite, says the state government will give indigenous contractors preference in the award of contracts for the construction of 171 rural roads in the state. He said the state government on May 18, 2017 advertised in five national dailies its intention to construct []
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FG loses N131.8bn as oil production drops again
Mon, 26 Jun 2017
Okechukwu Nnodim, Abuja the total volume of crude oil produced in Nigeria has been reducing since January this year, leading to a cumulative loss of about N131.8bn, an analysis of various reports from the Nigerian National Petroleum Corporation has shown. After increasing to 1.84 million barrels per day in January this year, from 1.58mb/d that []
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How does bank alert work
Mon, 26 Jun 2017
If your bank is not already notifying you about these issues with your account, you probably have not set up the alerts in your mobile banking app. And that is something you may want to do right away. This is because they will help you stay informed about your finances whenever, wherever and however you []


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Financial Market Watch 'for the week ended June 23, 2017
Mon, 26 Jun 2017
Local economy news Freshly released real sector data by the National Bureau of Statistics showed that Nigeria's National Disposable Income at 2016 purchasers' value increased year-on-year by 3.89 per cent (and quarter-on-quarter by 12.35 per cent) to N19.15tn in Q3 2016. The y-o-y increase in the NDI resulted from improvement in primary (factor income) and []
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MDAs use IT procurement to commit fraud ' NITDA boss
Mon, 26 Jun 2017
Everest Amaefule, Abuja Some Ministries, Departments and Agencies of the Federal Government have defrauded the country through the purchase of Information and Communications Technology services and equipment, the Director-General, National Information Technology Development Agency, Dr. Isah Ibrahim, has said. Ibrahim said this when he led a management team of the NITDA to the Economic and []
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OPEC deal: Concern mounts over Nigeria's exemption
Mon, 26 Jun 2017
Femi Asu with agency report With Nigeria's oil output recovering to its highest level in more than a year, industry analysts have raised concern over the country's exemption from the production cut deal reached by the Organisation of Petroleum Exporting Countries and other producers. The deal called on OPEC to cut 1.2 million barrels per []
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Omoluabi Mortgage Bank plans expansion
Mon, 26 Jun 2017
Femi Makinde, Osogbo Omoluabi Mortgage Bank has expressed its determination to transform from a state-based bank to a national mortgage bank, with a plan to expand to all parts of the country in its bid to becoming one of the leading players in the sub sector. According to a statement made available to our correspondent []
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Amosun gives two hectares of land to Ogun NSCDC
Mon, 26 Jun 2017
Samuel Awoyinfa, Abeokuta Ogun State Governor, Senator Ibikunle Amosun, has approved two hectares of land for the building of a permanent site for the state's command of the Nigeria Security and Civil Defence Corps. The state commandant of the NSCDC, Akinwande Aboluwoye, disclosed this during the foundation laying ceremony at the site in Owu Dekudu []
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Standardisation: SON plans certification for artisans, others


Mon, 26 Jun 2017
Ifeanyi Onuba, Abuja The Standards Organisation of Nigeria has said it will soon commence the certification of the services offered by the Micro, Small and Medium-scale Enterprises such as barbing, tailoring and masonry. Others are cobbling, events management, automobile maintenance, car wash and carpentry, among others. The Director-General, SON, Mr. Osita Aboloma, disclosed this in []
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Osun begins dredging of waterways
Mon, 26 Jun 2017
Femi Makinde, Osogbo Osun State Government has begun the dredging of waterways in major towns in the state in order to ensure that there is no loss of lives or properties as the rains increase. The Commissioner for Environment and Sanitation, Mr. Idowu Korede, said this in Osogbo on Friday while briefing journalists on the []
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MIXTA Nigeria calls for more investments in affordable housing
Mon, 26 Jun 2017
Maureen Ihua-Maduenyi The Managing Director, MIXTA Nigeria, Mr. Kola Ashiru-Balogun, has said that stakeholders in the real estate industry must invest more in affordable homes to bridge the country's deficit in housing. Ashiru-Balogun, while speaking on the firm's projects towards providing affordable housing, said the country had barely scratched the surface of such development. 'What []
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Continental Re seeks increased patronage of local operators
Mon, 26 Jun 2017
Nike Popoola The Group Managing Director, Continental Reinsurance Plc, Dr. Femi Oyetunji, has said the capacity of African insurers and reinsurers can only be enhanced if they are patronised. He spoke on the impact Continental Re has made in Nigeria and the African continent in the 30 years of its existence according to a statement. []
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Zenith b'ball phase three ends today
Mon, 26 Jun 2017
The third phase of the Zenith Bank Women's Basketball League ends on Monday in Asaba. Lagos clubs First Bank and Dolphins have remained unbeaten in the competition since the first phase in Abuja and the second phase in Kaduna. Defending champions First Bank beat FCT Queens 118 33 on Sunday to announce that they []
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Amapakabo let success go to his head ' Ex-Rangers star
Mon, 26 Jun 2017
Festus Abu with agency report Former Nigeria winger Emeka Akabueze claims former Enugu Rangers coach Imama Amapakabo lost focus after winning the Premier League last season. Amapakabo helped the Enugu club break a 32-year jinx by guiding them to their first league title since 1984. However, the former Golden Eaglets goalkeeper was sacked following a []
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Dalung boosts Bahamas 2017 athletes
Mon, 26 Jun 2017
Sports minister Solomon Dalung has urged athletes preparing for the Commonwealth Youth Games scheduled to hold in Nassau, Bahamas, in July to work hard for success in the competition. Dalung, who visited the athletes at the Package B Hostel, National Stadium, Abuja, on Saturday, urged them to believe in themselves. The minister said, 'I came []
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Ghana sports chief hails NOC
Mon, 26 Jun 2017
The Ghana Sports For All Commission has commended the Nigeria Olympic Committee for the peaceful conduct of the 2017 Olympic Day Celebration in Lagos on Saturday. The Secretary-General of the GSFAC Mrs. Agnes Abefe, who was in Lagos for the celebration, said she was encouraged by the turnout. Abefe commended the NOC for their leadership []
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Lyon warn Arsenal over Lacazette
Mon, 26 Jun 2017
Arsenal are 'ready to pay' for Alexandre Lacazette, according to Lyon president Jean-Michel Aulas, but he insists he could choose to sell to Atletico Madrid instead, The Independent reports. The Gunners are interested in Lacazette as an alternative to Monaco teenager Kylian Mbappe, who is weighing up a move to the Emirates against offers from []
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Ogun commissioner urges parents
Mon, 26 Jun 2017
Ogun State Commissioner for Youth and Sports, Mr. Afolabi Afuape, has urged parents to educate and encouraged their children in sporting activities. Afuape spoke while declaring open the Season 5 semifinals of the Ogun-GTBank Principal's Cup at the MKO Abiola Stadium, Abeokuta. The commissioner, who was represented by the Permanent Secretary, Ministry of Youth and []
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Ayade United get clubhouse
Mon, 26 Jun 2017
Mudiaga Affe, Calabar The Cross River State Sports Commission has acquired a clubhouse and camp for Ben Ayade United of Calabar currently featuring in Division 2B of the Nationwide League. Chairman of the Commission, Orok Duke, revealed this after Ben Ayade United hammered Obingwa of Abia 5-0 in their second home match of the Nationwide []
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Confed Cup: Chile book Portugal showdown


Mon, 26 Jun 2017
Martin Rodriguez rescued a 1-1 draw for Chile against Australia on Sunday to send the South American champions through to a Confederations Cup semi-final against Portugal, AFP reports. James Troisi steered Australia ahead on 42 minutes in Moscow, but Chile replied through half-time substitute Rodriguez on 67 minutes to advance as Group B runners-up behind []
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Is deregulation on hold forever
Mon, 26 Jun 2017
Economic Renaissance by Henry Boyo lesleba@lesleba.com 08052201997 '' If we do not deregulate, it is not cost-effective for those who are producing PMS (petrol) to sell. Likewise, if you deregulate completely, prices of everything will go up. So there are those complications, meaning we've got to moderate all those things. Government has to come in, []
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On the executive-legislative budget war
Mon, 26 Jun 2017
Eze Onyekpere censoj@gmail.com; 08127235995 We are back again to the era of sowing corn and expecting to reap cassava. The executive and legislature arms of government are back in the trenches about the extent of their respective powers in the budgeting process. This is not a new challenge and it is as old as presidential []
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Lagos hospital rejects MFM pastor injured by Badoo
Mon, 26 Jun 2017
group kills another couple Samson Folarin A minister with the Mountain of Fire and Miracles Ministry, Pastor Olawale (Solomon) Anthony, whose skull was fractured by some assailants suspected to be members of the Badoo cult, has been rejected by the Lagos State University Teaching Hospital, Ikeja. PUNCH Metro learnt from the victim's family that the []
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Court jails 35 persons for environmental offences
Mon, 26 Jun 2017
Peter Dada, Akure No fewer than 35 persons were arrested and arraigned in court during the Saturday environmental sanitation in Akure, Ondo State, for violating environmental sanitation laws. The accused were sentenced to various jail terms ranging from one month to two months. They were, however, given option of fines from N2,000 to N5,000. The []
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Man arrested for raping, robbing trader
Mon, 26 Jun 2017
Kizito Ojoma The police have arrested a 28- year-old man, Tunde Giwa, for allegedly robbing and raping a trader in the Awoyaya area of Lagos State. The police said Giwa threatened the victim with a knife and other weapons to rob her, adding that the suspect subsequently raped the woman. It was learnt that the []
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Pupils' abduction: Parents observe low-key Eid-el-fitr
Mon, 26 Jun 2017
Pupils' captivity hits one month Afeez Hanafi As Muslims across the world were immersed in the celebration of Eid-el-fitr on Sunday, such was not the case with some parents of the six abducted pupils of the Lagos State Model College, Igbonla, Epe. The households of the parents, especially those who are Muslims, were said to []
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Gunmen kill policeman, one other in Kano
Mon, 26 Jun 2017
GUNMEN suspected to be armed robbers have killed two persons, including a policeman, in Kano State. An eyewitness told the News Agency of Nigeria in Kano on Sunday that the incident occurred on Saturday, around Kings Garden, off Club Road in the Kano metropolis. According to the witness, the suspects were in a car when []
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Fire guts House on the Rock church in Abuja
Mon, 26 Jun 2017
Olaleye Aluko Property worth millions of naira was reportedly destroyed by fire on Sunday at the House on the Rock church on James Wolfesen Drive, Airport Road, Federal Capital Territory, Abuja. Our correspondent learnt that the fire, which was said to have started from a power plant, occurred at about 2pm, after the Sunday service []
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