Punch Newspaper Headlines Today Tuesday 2nd June 2020

Punch Newspaper Headlines Today Tuesday 2nd June 2020

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I’ll make Nigeria African champions again – Rohr 

Coach Gernot Rohr said he made sacrifices in his new contract with Nigeria in order to guide the country to a fourth Africa Cup of Nations triumph. Rohr, 66, has extended his stay in Nigeria till 2022 after he agreed to a pay cut in the local currency and reside in the country. Officials said …

Roadside bomb kills seven in Afghanistan

Seven civilians were killed by a roadside bomb linked to the Taliban in northern Afghanistan, officials said Tuesday, even as authorities pressed for peace talks with the militants. The blast struck a small truck carrying a group of labourers late Monday in the volatile district of Khan Abad, in the province of Kunduz. No group …



George Floyd: Tiger Woods urges calm over ‘shocking’ death

Golf superstar Tiger Woods called George Floyd’s death a “shocking tragedy” but said violent protests were not the answer as unrest flared across the United States on Monday. Woods said he had the “utmost respect” for police and likened the situation to the Los Angeles riots of 1992, after four police were acquitted over the …

BREAKING: Former senator, Munir Muse, is dead

Sodiq Oyeleke The former lawmaker representing Lagos Central Senatorial District in the House of Assembly, Munir Muse, is dead. His son, Sulaimon Muse, announced the former senator’s death on Tuesday. While announcing his father’s death, Sulaimon described him as kind-hearted. He said, “I just lost a very caring and kind-hearted father, Senator Munirudeen Adekunle Muse. …

COVID-19: Pupils return to school in Singapore

Pupils wearing face masks returned to school in Singapore on Tuesday and some workplaces re-opened as coronavirus restrictions were eased in the hard-hit city-state. Singapore initially kept infections low through a strict regime of testing and contact-tracing, only for major outbreaks to emerge from crowded dormitories housing low-paid foreign workers. The country has recorded over …

PFAs shun T’bills, invest N1.6tn in banks, commercial papers

Nike Popoola Pension Fund Administrators have gradually reduced investment of pension funds in the Contributory Pension Scheme in treasury bills, findings have revealed. Data obtained by our correspondent from the National Pension Commission revealed that the operators have increased their investments in commercial papers and bank placements. Latest statistics from PenCom showed that the PFAs …

Govt invites investors to bid for 57 oil fields

’Femi Asu The Federal Government, through the Department of Petroleum Resources, has put on offer 57 marginal fields for licensing as part of efforts to develop oil and gas discoveries that had been left unattended to for many years. The DPR disclosed this on Monday while announcing the commencement of the 2020 Marginal Field Bid …



Why we are increasing borrowing, by FG

Sunday Aborisade, Abuja The Federal Government on Monday said that it was increasing its borrowing in the year because of the effects of coronavirus on the nation’s revenue profile. It also anchored the increased borrowing on unexpected spending on healthcare in a bid to contain the coronavirus pandemic. The Director-General of the Debt Management Office, …

Oil rises to $38 as OPEC+ discusses production cut extension

’Femi Asu with agency report The Organisation of Petroleum Exporting Countries and its allies led by Russia are moving closer to a compromise on extending current oil output cuts and are discussing a proposal to roll over supply curbs for one to two months. The international oil price benchmark, Brent crude, stood at $38.51 per barrel …

Senate, NNPC clash over $21 crude oil production cost

Sunday Aborisade, Abuja The Senate Committee on Finance on Monday rejected the revenue targets projected for the various revenue-generating agencies in the country to fund the Revised 2020 Budget, describing their proposed sums as grossly inadequate. Members of the Senate panel also condemned in strong terms the explanation by the Nigerian National Petroleum Corporation that …

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