Good morning! Here is today’s summary from Nigerian Newspapers
1. The Association of Proprietors of Private Schools has said its members now operate on credit because a large percentage of parents can no longer pay the fees of their children.
According the group, the reason might not be unconnected with the ongoing economic recession in the country.
2. The Academic Staff Union of Universities last night called off its one week nationwide.
The President of ASUU, Prof. Biodun Ogunyemi, who said this in Abuja, urged lecturers to return to work, adding that he was hopeful of a positive outcome, going by the response coming from the Federal Government.
3. Scores of Boko Haram fighters have been killed in multiple air raids coordinated by the Nigerian Air Force, NAF, in the Northern part of Borno State.
According to the Director, Public Relations and Information of NAF, Group Capt. Ayodele Famuyiwa, fighter jets bombarded a Boko Haram location at Kadari and killed an unspecified number of the insurgents, adding that the jets also carried out airstrikes on selected Boko Haram targets at Ngoshe.
4. The meeting of the Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, on Tuesday resolved to maintain the Monetary Policy Rate, MPR, at 14 per cent, the Cash Reserve Ratio, CRR, at 22.50 per cent and the Liquidity Ratio at 30 per cent. The CBN Governor, Godwin Emefiele, told newsmen that holding all the rates is best for the economy at the moment.
5. The Supreme Court has ordered the Appeal Court to continue the hearing of the appeal of the Peoples Democratic Party, PDP, factional governorship candidate in Ondo State, Eyitayo Jegede.
The Acting Chief Justice of the Federation, Justice Walter Onnoghen in his verdict on Tuesday directed the Appeal Court to resume hearing on Jegede’s appeal, following the withdrawal of 10 motions filed for stay of proceeding by the Ali-modu Sheriff faction which led to a stay of proceeding at the appellate court.
6. The death has been announced of Chairman of the Ogun State Chapter of the All Progressives Congress, APC, Alhaji Roqeeb Adeniji.
Adeniji, famously known as “Baba Computer” died at the age of 79 years on Monday night, according to one of his children, Bolaji Adeniji.
7. A Federal High Court in Lagos on Tuesday threw out an application by the wife of former President Goodluck Jonathan, Patience, seeking to bar the Economic and Financial Crimes Commission from tampering with a sum of $15.591 frozen in four Skye Bank accounts.
At the Tuesday’s proceedings in the case before Justice Mohammed Idris, Patience’s lawyer, Mr. Ifedayo Adedipe (SAN), made an oral application, urging the judge to restrain the EFCC from tampering with the money pending the final determination of the case, however, Justice Idris in his verdict, said he would rather grant an accelerated hearing of the case, than make any order that would prejudice the outcome of the main case.
8. Several properties were consumed and some injured after fire broke out in the female hostel of the Yaba College of Technology, Yaba, Lagos.
The intervention of the fire servicemen prevented the inferno from causing further havoc.
9. Senator Tokunbo Afikuyomi, a strong supporter of the National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, has debunked by the claim by the Plateau State that the former was sick.
Afikuyomi, who claimed that Tinubu travelled to the United States of America with Tinubu to witness the recent US elections, said that the former governor was sound.
10. The first reading of the Bill for an Act to provide for the inauguration of the President and Vice President of the Federal Republic of Nigeria, also known as Presidential Inauguration Bill, 2016, was taken by the Senate in plenary, Tuesday.
The Bill, sponsored by the Deputy President of the Senate, Senator Ike Ekweremadu, seeks to move the inauguration of the President and the Vice President from the Eagles Square to within the precincts of the National Assembly, in tandem with international best practices as obtained in the United States of America, USA, and many other democracies around the world.
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