Daily Sun Newspaper Headlines Today Monday 7th September 2020

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On the cover of DAILY INDEPENDENT Newspapers for today, Monday, 7th September 2020: Buhari On Fuel Subsidy Removal – History Will Be Kind To Us. More stories inside. Read or download the full Independent ePaper for Monday, 7th September 2020 –

Fuel Subsidy Removal: History Will Be Kind To Us — Buhari

ABUJA -The presidency has reacted to criticism trailing recent increase in pump price of P27 P27 P27 petrol and hike in electricity tariff, saying history will be kind to President Muhammadu Buhari for eliminating the evils of corruption embedded in subsidies. Senior Special Assistant to the President on Media and Publicity, Garba Shehu, came to …

Nigeria Risks N350bn Pay TV Investments Over NBC Reform, Forex Woes

LAGOS – As controversies continue to trail the operations of pay TV, which refers to subscription-based television services, there are palpable fears that Nigeria may lose over N350 billion investments if the harsh operating environment does not abate. In the last few months, pay TV operators in the country have been all out with expressions …

APC Will Die Before 2023 – Oyinlola

 Prince Olagunsoye Oyinlola, is a former governor of Osun state as well as a former National Secretary of the Peoples Democratic Party (PDP). The former Military Administrator of Lagos state in this interview with TEMIDAYO AKINSUYI, speaks on developments in the nation, clamour for restructuring, 2023 presidency and other sundry issues. Excerpts:   As an elder …

PenCom’s Transfer Window May Scuttle Its Micro Pension Plan

LAGOS – The proposed Transfer Window mooted by the National Pension Commission (Pen- Com) this year may scuttle the growth of the Micro Pension Plan launched by President Muhammadu Buhari on March 28, last year, Daily Independent’s finding has revealed. The micro pension scheme launched by the president last year was meant to bring into …

1.25% Savings Interest Rate May Crash Banks’ Deposit 30% By End Q4

Indications have emerged that banks may lose not less than 30% of the N36 trillion total customers’ deposits if depositors react negatively to the new minimum interest rate on savings deposit by the Central Bank of Nigeria (CBN). The CBN recently instructed deposit money banks in the country not to pay less than 1.25% in …

SERAP Demands Details Of FG’s N31bn COVID-19 Disbursements

LAGOS – The Socio-Economic Rights and Accountability Project (SERAP), and Connected Development (CODE) have demanded details on its request to the Federal Government on the use of the N31 billion donated towards the COVID-19 response. In its earlier response to the request, the Federal Government had disclosed that the sum of N30, 540,563,571.09, representing 84% …

Goods With Expiry Dates Stranded At Borders, NANTS Laments

ABUJA  – National Association of Nigerian Traders (NANTS) has lamented that goods belonging to traders, which include perishable items and processed commodities with expiry dates are stranded at the closed borders for several months now.  Dr. Ken Ukaoha, in an exclusive interview with DAILY INDEPENDENT, explained that the implication of this scenario is that the …

Historic Heatwave Expected To Hit America’s West Over Labor Day Weekend

An unprecedented and unrelenting heatwave is expected to hit America’s West Coast over Labor Day weekend. “Hundreds of heat records are likely to be broken,” said CNN meteorologist Pedram Javaheri Saturday, adding “some of these records stand no chance.” The heatwave will affect about 100 million people, including residents from nearly all California and most …

South Africa’s Ruling ANC Heads To Zimbabwe For Talks

A delegation from South Africa’s ruling African National Congress party is expected in Zimbabwe on Tuesday for talks, less than a month after Harare rebuffed Johannesburg’s offer to help end its neighbor’s economic and political crisis. The delegation will meet with officials from the ruling Zimbabwe African National Union Patriotic-Front party and the government, Nick …

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