Wednesday, 16 September 2015

Breaking News: Buhari Assures Negotiations With Boko Haram

Buhari Assures Negotiations With Boko Haram
The major issues of focus today Wednesday, September 16, in the Nigerian daily newspapers are on the issues of the federal government having negotiations with Boko Haram, the transfer of government revenues into the treasury single account and the 7-day ultimatum issued by the presidency for workers to be paid all arrears of salaries and allowances.

After about 500 days of the abduction of the Chibok girls, President Muhammadu Buhari told members of the Nigerian community in France on Tuesday, September 15, that the federal government has started dialoguing with the terrorist sect to facilitate the release of the girls, The Punch reports.

Buhari said that he was worried by the continued stay of the girls in the camps of Boko Haram since April 14, 2014 when they were abducted by the radical islamist sect.

The president said that the government has to first establish genuine members of the sect so that it will not make the mistake of engaging the wrong persons.

The Nation also reports that the presidency gave ultimatum that all workers be paid all arrears of salaries and allowances.

The directive was given to Ministries, Departments and Agencies (MDAs) to compile the names of all public service employees who are being owed arrears of salaries and allowances within seven days so that they can be paid without further delay.

The report has it that the circular which came from the office of the head of the civil service of the federation immediately made the members of the Association of Senior Civil Servants of Nigeria become excited.

With immediate effect, the names of those being owed are to be compiled within seven days for them to be paid.

For fear of running into liquidity crisis, The Guardian reports that the Deposit Money Banks (DMBs) on Tuesdays, September 15, shunned the nation’s money market to await further directives on how to transfer government revenues into the Treasury Single Account (TSA) to be operated by the Central Bank of Nigeria (CBN).

Consequently, there were no bids from the financial institutions because they were required to pay for their bids within 48-hours.

The report says that President Muhammadu Buhari had directed that all revenues be paid into the TSA as at yesterday, as part of the drive to harmonise Federal Government’s revenue and fight corruption.

Furthermore, Vanguard reports that the same yesterday, banks were busy with the transfer of an estimated N1.2 trillion of public sector funds to the CBN in compliance with the federal government directive on the TSA.

As the deadline for the implementation of the TSA for MDAs closed, Nigerian banks were sorting out accounts of MDAs the CBN circulated among banks to identify which of the accounts was domiciled in their banks. As a result, there was no trading between banks.

The Daily Sun also reports that a road accident which occurred along Ondo/Ore expressway at Igushin town in Ondo state on Tuesday, September 15, claimed the lives of eighteen passengers

The reports discloses that eyewitnesses said the victims were burnt to death in the accident which involved a white Mazda 18-passengers bus coming from Lagos state and a truck, which allegedly hit the bus due to reckless driving of both drivers.

The Federal Road safety Commission (FRSC) confirmed the incident.