Nigerian Newspapers: Tuesday, May 02, 2017

Good morning Nigerians, we have aggregated today’s major headlines from top Nigerian Newspapers for you here on; Newspapers reviewed include: Punch, Vanguard, Premiumtimes, The Nations, National Mirror, Dailypost, Tribune, The Sun etc.

Minimum Wage: MAN, CSOs disagree as workers disrupt Abuja May Day rally

The Manufacturers Association of Nigeria and the Abuja Chamber of Commerce and Industry, on Monday, disagreed with two civil society organisations on workers’ demand for N56,000 minimum wage.

While the Committee for the Defence of Human Rights and the Coalition Against Corrupt Leaders supported the workers’ call for the review of the minimum wage, MAN and the ACCI said the economy could not sustain N56,000 minimum wage.


Angry Workers Protest as Oshiomhole Explains Tough Economic Conditions

Angry workers on Monday protested the tough economic conditions in the country, disrupting the rally organised to commemorate the May Day at the Eagle Square, Abuja.

The workers complained about what they described as the insensitivity of the federal government to their plight, describing the absence of President Muhammadu Buhari and Vice-President Yemi Osinbajo at the rally as ample evidence of their disregard for labour.


Recruitment scandal: Activists tackle SSS, demand probe

Civil society groups in Nigeria have called for an investigation after the State Security Service, SSS, brazenly violated the federal character principle in its latest recruitment of cadet officers.

PREMIUM TIMES had reported how the domestic secret service, SSS, conducted a shockingly lopsided employment with wide disparity in the number of slots allocated to the 36 states and the Federal Capital Territory.


Jonathan’s wanted aide being protected by govt agency – DSS

The Department of State Services says a Federal Government agency is protecting a former Special Adviser to ex-President Goodluck Jonathan on Niger Delta Affairs, Kingsley Kuku, who is wanted for allegedly sponsoring Niger Delta militants.

Top sources within the DSS said Kuku, who had been in the United States since 2015, was being aided by the Federal Government agency to escape justice.


Despite Recession, Banking Sector Loans to Customers Rise to N16.372trn

The audited results of 2016 for 14 banks quoted on the Nigerian Stock Exchange (NSE) have shown a 22 per cent increase in total loans and advances to their customers from N13.315 trillion in 2015, to N16.372 trillion in the year under review.\

The financial results of the banks reviewed by THISDAY showed deliberate efforts by the banks, mostly to support operators in the real sector of the economy.


MTN Nigeria sacks 280 long-serving workers, others

In one fell swoop, South African telecoms firm, MTN, on Friday sacked 280 of its employees in Nigeria, in a major job cut that affected about 15% of the company’s entire Nigerian workforce.

Those affected by the move include some 200 permanent employees and about 80 contract staff across various cadres, ranging from new graduates to senior managers, multiple sources told PREMIUM TIMES.


Prophet arrested for taking N70m, three houses to cure fibroids

The police in Lagos have commenced an investigation into a case involving one Oladele, 45, a prophet at a church in Oke Ira, in the Ogba area of the state.

The police at the Special Fraud Unit, Ikoyi, said the prophet was being held for allegedly defrauding a businesswoman of N70m, a duplex, two five-bedroomed bungalows, a Lexus and a Toyota Highlander, 2014 model.


Oando Posts N1.7bn PAT, Raises Revenue By 116%

The storm appears over for one of Nigeria’s oil giants, Oando Plc, as it posted N1.7 billion profit after tax (PAT) in the first quarter of the year.

A statement by the company’s Chief Strategy and Corporate Services Officer, Mr. Ainojie Irune, on Monday said the profit came on the heels of its turnover growth by 116% to N138.4 billion and gross profit by 53% to N13.4 billion compared to the first quarter of 2016.


Alleged Zinox contract fraud: Law firm removes probed Justice Ministry official’s profile from website

Hours after PREMIUM TIMES report revealed that the Federal Ministry of Justice had launched a probe of its senior staff accused of working to stop the prosecution of Zinox Computers’ top officials, the law firm at the centre of the scandal has moved to destroy evidence.

An investigation by this newspaper showed that Stella Anukam, the director of International & Comparative Law in the ministry, was named as a senior team member of Integrity Law Firm, a chamber linked to Zinox Computers.


Buhari’s sickness taking its toll on Nigeria’s health – Akande

The former interim National Chairman of the All Progressives Congress, Chief Bisi Akande, has appealed to Nigerians to start praying for the restoration of President Muhammadu Buhari’s health in order to avert a looming crisis which the development could throw the nation into.

Akande, who made the appeal in a statement he issued on Monday, said he knew the President was seriously ill when he did not show up in Kaduna last Saturday for the wedding ceremony of his grandson.



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