Below are the headlines found on The Nation Online Newspaper for today, Wednesday, 14 June, 2017.


Excitement as Ambode disburses N924.7m to 1,438
Wed, 14 Jun 2017
Beneficiary employs 10 Lagos State Governor Akinwunmi Ambode has disbursed N924.7 million cheques to 1, 438 beneficiaries of the State Employment Trust Fund (LSETF). The governor, who presented the cheques to the beneficiaries yesterday at the blue roof Lagos television (LTV) Agidingbi, said the initiative was geared towards providing funds for entrepreneurs, artisans, tradersRead MoreThe post Excitement as Ambode disburses N924.7m to 1,438 appeared first on The Nation Nigeria.
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Osinbajo: no one will get away with hate speeches
Wed, 14 Jun 2017
Ag. President meets North's leaders Okorocha slams Biafra agitators Acting President Yemi Osinbajo yesterday read the riot act to purveyors of hate speeches, saying they won't be allowed to destabilise the country. The Federal Government, he said, would ensure the country's unity, adding that nobody would be allowed to get away with seditious speeches. 'AsRead MoreThe post Osinbajo: no one will get away with hate speeches appeared first on The Nation Nigeria.
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N284b budget padding': EFCC grills Jibrin for hours
Wed, 14 Jun 2017
The budget padding allegation which rocked the House of Representatives last year has returned to the front burner. The Economic and Financial Crimes Commission (EFCC) yesterday grilled former House Committee on Appropriations chairman Abdulmumin Jibrin for five hours over the about N284billion budget padding claim. It was learnt that Jibrin released fresh evidence to hisRead MoreThe post 'N284b budget padding': EFCC grills Jibrin for hours appeared first on The Nation Nigeria.
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Reps to govt: give Abiola GCFR
Wed, 14 Jun 2017
THE House of Representatives has urged the Federal Government to posthumously confer the highest national honour the Grand Commander of the Order of the Federal republic (GCFR) on the late Chief Moshood Kashimawo Olawale A biola. According to them, this would be a measure of recognition for his unprecedented achievements, contributions and sacrificeRead MoreThe post Reps to govt: give Abiola GCFR appeared first on The Nation Nigeria.
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NPAN, editors, IPC slam EFCC raid on The Sun
Wed, 14 Jun 2017
The Newspaper Proprietors' Association of Nigeria (NPAN), the Nigerian Guild of Editors (NGE) and the International Press Centre (IPC) Lagos-Nigeria have condemned the invasion of the premises of The Sun Publishing Limited by heavily armed operatives of the Economic and Financial Crimes Commission (EFCC) in the early hours of Monday. The fierce-looking operatives prevented workersRead MoreThe post NPAN, editors, IPC slam EFCC raid on The Sun appeared first on The Nation Nigeria.
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Afe Babalola varsity gets AfDB's $40m loan
Wed, 14 Jun 2017
The African Development Bank (AfDB) has signed an agreement with Afe Babalola University (ABUAD), Ado-Ekiti, Ekiti State for a corporate loan to finance the institution's expansion. A statement from the bank stated that the expansion plan consists of construction of new facilities including a 400-bed teaching hospital, an industrial research park, a post-graduate school,Read MoreThe post Afe Babalola varsity gets AfDB's $40m loan appeared first on The Nation Nigeria.
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Budget 2017: Our fears, hopes by stakeholders
Wed, 14 Jun 2017
Govt urged to focuson implementation Despite signing the 2017 Appropriation Bill into law six months behind schedule, stakeholders believe the real issue is with the implementation of the Approriation Law, report SIMEON EBULU, LUCAS AJANAKU, OKWY IROEGBU-CHIKEZIE, EMEKA UGWUANYI COLLINS NWEZE and TOBA AGBOOLA. BARELY 24 hours after signing the 2017 Appropriation Bill into law,Read MoreThe post Budget 2017: Our fears, hopes by stakeholders appeared first on The Nation Nigeria.
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AGF demands capacity training for financial managers
Wed, 14 Jun 2017
Accountant-General of the Federation Ahmed Idris, said yesterday that developing the capacity of public officers, especially public financial managers, is the key to efficient and transparent management of the nations economy. Idris spoke yesterday at the Federal Treasury Academy Orozo, Abuja while receiving the Executive Secretary and management staff of the Petroleum Technology Development FundRead MoreThe post AGF demands capacity training for financial managers appeared first on The Nation N
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Malabu: Reps panel to decide on Jonathan's invitation
Wed, 14 Jun 2017
The House of Representatives ad hoc committee investigating the alleged corruption, malpractices and breach of due process in the award of OPL 245 is meeting today to discuss the modalities for inviting former President Goodluck Jonathan. The report of the committee had indicted former President Jonathan for his role in the contentious Malabu fraud. ARead MoreThe post Malabu: Reps panel to decide on Jonathan's invitation appeared first on The Nation Nigeria.
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Woman, 52, commits suicide in Ondo
Wed, 14 Jun 2017
A 52-year-old woman, Opeyemi Babatola, has reportedly hanged herself at her home at Aule area of Akure, the Ondo State capital. Sources said the husband of the deceased, Pastor Adeolu Babatola, saw her body dangling and reported the incident to the police. The cause of her death was unknown at press time last night. Babatola,Read MoreThe post Woman, 52, commits suicide in Ondo appeared first on The Nation Nigeria.
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Ekiti APC threatens legal action over Paris Club cash
Wed, 14 Jun 2017
The Ekiti State chapter of the All Progressives Congress (APC) has threatened to take legal action and embark on protests if the Ayodele Fayose administration misapplies the N9.6 billion Paris Club refund. The party said it was aware of the governor's alleged move to launch 'a fresh wave of brainwashing sessions among workers and traditionalRead MoreThe post Ekiti APC threatens legal action over Paris Club cash appeared first on The Nation Nigeria.
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Complimenting entrepreneurship skills with social media Cutekimani
Wed, 14 Jun 2017
Fast rising On Air Personality, Adekeye Esther has expressed her thought about entrepreneurship. Esther, fondly called Cutekimani lamented the lack of effective utilisation of social media among the Nigerian youths.In this interview with FAMUYIWA DAMILARE, Cute Kimani, who is also a Social Media Influencer, affirms that the best way to grow a brand and enhance ones skill is by making effective use of social media.Whats your thought on entrepreneurship' Is it learnt or innate'Entreprene
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Kaduna procures N600m books for secondary schools ' Commissioner
Wed, 14 Jun 2017
The Kaduna State Government, on Tuesday said it has spent N600 million on textbooks it procured for secondary schools in the state. The state Commissioner for Education, Science and Technology, Prof. Andrew Nok made this known at the flag-off of the distribution of the books for the Northern Zone in Zaria. Nok explained that theRead MoreThe post Kaduna procures N600m books for secondary schools Commissioner appeared first on The Nation Nigeria.
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Bida Poly to construct 6,000 capacity hostels ' Rector
Wed, 14 Jun 2017
The Rector of Federal Polytechnic, Bida, Dr kAbubakar Dzuogi, says the institution has earmarked a parcel of land for the construction of 6,000 capacity hostels by private developers. Dzukogi made this known in an interview with the News Agency of Nigeria (NAN) in Minna on Tuesday. 'We have earmarked a land in a very goodRead MoreThe post Bida Poly to construct 6,000 capacity hostels Rector appeared first on The Nation Nigeria.
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FIRS rakes in N778.19b in Q1
Wed, 14 Jun 2017
The Federal Inland Revenue Service (FIRS) generated N778.19 billion revenue in the first quarter of 2017, a progress report by the agency has indicated' The report which was sent to the Federal Ministry of Finance, showed the revenue performance for the first quarter of 2017 and the breakdown of money collected. According to the report,Read MoreThe post FIRS rakes in N778.19b in Q1 appeared first on The Nation Nigeria.
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Only MD customers exempted from bills, says NERC
Wed, 14 Jun 2017
The Nigeria Electricity Regulatory Commission (NERC), yesterday said the only customers exempted from estimated billing are those within the threshold of 45KVA consumption and above. In a statement issued yesterday in Abuja, the body said the clarification was a follow up to the directives given over the weekend on the verification and validation of theRead MoreThe post Only MD customers exempted from bills, says NERC appeared first on The Nation Nigeria.
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Fed Govt, NSE seek $600m investment fund for mining
Wed, 14 Jun 2017
The Federal Government (FG) is working with the Nigerian Stock Exchange (NSE) and others to assemble a $600m investment fund for the sector, Acting President, Prof. Yemi Osinbajo has said. Osinbajo said this would provide technical assistance for the restructuring and operationalisation of the Solid Minerals Development Fund (SMDF), which will make finance available toRead MoreThe post Fed Govt, NSE seek $600m investment fund for mining appeared first on The Nation Nigeria.
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Investment window for Nigerians in Diaspora
Wed, 14 Jun 2017
The Federal Government started an international road show for the sale of $300 million diaspora bond yesterday. It equally named Bank of America Merrill Lynch and Standard Bank of South Africa as joint lead managers, the Debt Management Office (DMO) announced. The bond, targeting Nigerians living abroad, is expected to give subscribers the opportunity toRead MoreThe post Investment window for Nigerians in Diaspora appeared first on The Nation Nigeria.
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Lagos pays retirees over N28b to 6,509
Wed, 14 Jun 2017
The Lagos State government has paid accrued pension rights of over N28 billion into the Retirement Savings Account (RSA) of 6,509 retirees in the last 22 months, Commissioner, Ministry of Establishments, Training and Pensions, Dr Akintola Benson, has said. Speaking at the 12th Retirement Benefits Documentation Seminar (RBDS) organised by the Lagos State Pension CommissionRead MoreThe post Lagos pays retirees over N28b to 6,509 appeared first on The Nation Nigeria.
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Nigeria'll be leader in Media Entertainment, market, says PwC Report
Wed, 14 Jun 2017
Amid shifting consumer preferences, rapidadvances in technology and ongoing disruption to business models, the new strategic imperative for E&M companies is to turn customers into fans ' by innovating to create the most compelling, engaging, and intuitive user experiences. The most rapid growth rates in E&M revenues over the coming five years will be inRead MoreThe post Nigeria'll be leader in Media Entertainment, market, says PwC Report appeared first on The Nation Nigeria.
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Here comes the change makers
Wed, 14 Jun 2017
The Central Bank of Nigeria Southsouth Entrepreneurship programme is producing many change makers. The change makers are meeting the needs of Nigerians, DANIEL ESSIET reports. In a community of Ikwuano in Abia State, bees ' which some perceive as harmful, are prominent. But for Chinonso Agbo and his partner, Kingsley Nwogu, the bees present aRead MoreThe post Here comes the change makers appeared first on The Nation Nigeria.
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Opportunities in diesel engines repairs
Wed, 14 Jun 2017
For every heavy-duty equipment, there's a mechanic. This has created money-making opportunities for those in maintenance and repairs. DANIEL ESSIET reports. Diesel engines power trucks, maritime vessels, earth-mowers, forklifts and trailers. It's a large market, where there are engine repair/rebuild jobs. As long as heavy machinery are needed for construction, transportation, and farming, the commerceRead MoreThe post Opportunities in diesel engines repairs appeared first on The Nation
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Ensure export of healthy yam
Wed, 14 Jun 2017
As Nigeria prepares to export its certified yam to the United Kingdom and United States this month, the Acting Executive Director, Agricultural and Rural Management Institute, Dr Olufemi Oladunni, has said the move will boost the nation's foreign earnings but warned against rejection as some of the produce could be found to be unwholesome uponRead MoreThe post 'Ensure export of healthy yam' appeared first on The Nation Nigeria.
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NSE to launch Exchange Traded Derivatives
Wed, 14 Jun 2017
The Nigerian Stock Exchange (NSE) has concluded arrangements to introduce Exchange Traded Derivatives (ETDs) into the market to expand its various investment instruments. Speaking at a training on legal and risk aspects of derivatives and central counterparty clearing in Lagos, First NSE's Vice President, Mr. Abimbola Ogunbanjo, said the Exchange would launch the ETDs intoRead MoreThe post NSE to launch Exchange Traded Derivatives appeared first on The Nation Nigeria.
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Arewa youth threat
Wed, 14 Jun 2017
Why have they not been arrested' The country is in an eerily familiar terrain with the exchange of threats and intimidation from sections of the southeast and the north. It came to a head with a statement from the Arewa Youths Consultative Council under the banner of the Coalition of Northern Groups that all IgboRead MoreThe post Arewa youth threat appeared first on The Nation Nigeria.
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Judgment day for Discos
Wed, 14 Jun 2017
Discos, the thumping, uproarious parties, are the last place for dire judgments not with happy guys and merry gals boogie-ing down, with the rolling soft lights and music booming, from dusk till fade. Not so, these peculiar discos: Nigerias Electricity Distribution Companies, making merry and uproarious profits, from delivering darkness instead of light. ARead MoreThe post Judgment day for Discos appeared first on The Nation Nigeria.
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Ambode: Celebrating 'Product of the Coconut'at 54
Wed, 14 Jun 2017
It is always a herculean task to write tributes to your boss on his birthday, not for want of what to write, but for misconception of readers who may accuse you of being too patronising. As a matter of fact, there is no way a leader, mentor and boss like Ambode will not be celebratedRead MoreThe post Ambode: Celebrating 'Product of the Coconut'at 54 appeared first on The Nation Nigeria.
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Don calls for 're-configuration' of polity
Wed, 14 Jun 2017
A university don, Prof. Richard Joseph, has called for what he described as the re-configuration of the polity to give more expression to the practice of federalism. He said: 'The federal system is the only system under which Nigerian can govern itself,' advising that a regression to any form of centralization or unity system couldRead MoreThe post Don calls for 're-configuration' of polity appeared first on The Nation Nigeria.
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Ekiti: Politics of probe panel
Wed, 14 Jun 2017
Ekiti State Governor Ayodele Fayose and his predecessor, Dr. Kayode Fayemi, are locked in a battle of wits over the constitution of a seven-member Judicial Commission of Inquiry to probe the latter's administration. The battle has now shifted to the court of law. ODUNAYO OGUNMOLA examines the intrigues and the roles of partisan actors inRead MoreThe post Ekiti: Politics of probe panel appeared first on The Nation Nigeria.
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