The country is losing billions of naira in revenue annually as a result of the various tax and double taxation treaties it signed with advanced nations, multinational corporations and high net worth individuals, ActionAid Nigeria and labour unions have said.

Guardian

FEC approves $4b for Nigeria-Cameroon Link Bridge

The Federal Government has approved $3.9 billion (N12. 280 billion), sourced from the African Development Bank (ADB) for the construction of the Nigeria/Cameroon border link bridge at Ikot-Efiom in Cross River State.

Vanguard

Court freezes 21 accounts linked to Stella Oduah

A Federal High Court sitting in Lagos has restrained Senator Stella Oduah and Sea Petroleum and Gas Company Limited from making any withdrawals from their accounts and those of three other companies domiciled with 21 commercial banks.

The Nation

JAMB fixes UTME for May, scraps scratchcard

Joint Admissions and Matriculation Board (JAMB) Registrar Prof. Ishaq Oloyede yesterday said the much-awaited Unified Tertiary Matriculation Examination (UTME) will hold in May as part of steps to check malpractices.

The Sun

Army jails soldier for assaulting Nollywood actress

The Nigerian Army has jailed one Pvt. Suleiman Olamilekan to 28 days, in prison, with hard labour for allegedly assaulting a Nollywood actress, Ebere Ohakwe.

Thisday

Buhari’s Lawyer: I Gave N500,000 to Justice Ademola, But Not at President’s Behest

One of the lawyers who defended President Muhammadu Buhari in the suit challenging his qualification to seek election to the Office of the President, Mr. Kola Awodein (SAN), has described as ridiculous the allegation that the N500,000 he gave to Justice Adeniyi Ademola for his daughter’s wedding was a bribe from the president.

Leadership

Osinbajo Writes NASS, Seeks $500m To Finance 2016 Budget Deficit

Acting President Yemi Osinbajo has written to the National Assembly, seeking its approval to issue Eurobond debt instrument of $500 million to fund the implementation of the 2016 budget till May 2017.

Premium Times

Promotion of Vice-Chancellor’s wife brews controversy at University of Ilorin

The University of Ilorin is enmeshed in a controversy over the alleged improper promotion of a wife of the Vice-Chancellor of the institution, Abdulganiyu Ambali.

Punch