Nigerian Newspapers Summary
Good morning! Here’s today’s update from Daily News 24. Stay informed with the latest headlines shaping Nigeria, from President Tinubu’s new austerity directives and intensified rescue efforts in Rivers State, to ongoing security challenges affecting the national grid in the North, and significant rulings in Ekiti’s traditional leadership. Plus, hear about recent actions by the CBN, Kwara police, and Defence Minister as they address pressing issues nationwide.
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1. Tinubu limits FEC convoys to three vehicles in new austerity move:
President Bola Tinubu directed Federal Executive Council members to cut their convoys to a maximum of three vehicles and limit security staff to five as part of cost-saving measures aimed at reducing government expenditure.
2. Tinubu orders intensified rescue efforts after helicopter crash in Rivers:
Following a helicopter crash in Rivers State carrying senior Nigerian National Petroleum Company Limited officials, President Tinubu has directed military and agencies to intensify rescue operations. The helicopter reportedly went down over the Atlantic Ocean, with urgent recovery efforts underway.
3. Defence minister orders arrest of notorious bandit leader Bello Turji:
Defence Minister Mohammad Badaru ordered Operation Hadarin Daji troops to apprehend Bello Turji, a wanted bandit leader in the Northwest. The directive was issued during the minister’s address at One Brigade Headquarters in Zamfara’s capital, Gusau.
4. Shettima cancels trip to Commonwealth meeting after plane damage at JFK:
Vice President Kashim Shettima canceled his planned attendance at the Commonwealth Heads of Government Meeting in Samoa after his plane sustained damage during a stop at New York’s JFK Airport. Presidential Adviser Bayo Onanuga confirmed the incident.
5. TCN: Northern blackout to persist as security delays power line repairs:
The Transmission Company of Nigeria announced that electricity issues in Northern Nigeria will persist due to security risks preventing repairs on vital transmission lines. While alternatives are being explored, a full solution remains out of reach.
6. CBN refutes December deadline for old banknotes withdrawal:
The Central Bank of Nigeria has dismissed rumors that old N200, N500, and N1,000 banknotes will expire on December 31, 2024. The CBN clarified that there is no deadline for these banknotes, countering recent media claims.
7. Binance official departs Nigeria after eight-month detention:
Binance disclosed that Tigran Gambaryan, its Head of Financial Crime Compliance, has left Nigeria following an eight-month detention. The cryptocurrency exchange announced his departure in an official statement.
8. Police arrest five suspects in murder of UniIlorin graduate in Kwara:
The Kwara State Police Command has apprehended five individuals suspected of killing Lanre Adebayo, a University of Ilorin graduate. The 46-year-old was reportedly tortured to death in the early hours of October 21.
9. Ekiti court deposes monarch over non-compliance with traditional rites:
Ekiti State High Court ordered the deposition of Oba Femi Olugbesoye, the Oluloro of Iloro Ekiti, for failing to follow coronation customs. Justice Jide Aladejana ruled in favor of the plaintiffs who challenged Olugbesoye’s ascent.
10. Wike commits to FCT satellite town and rural development:
FCT Minister Nyesom Wike reaffirmed his commitment to improving satellite towns and rural areas in Abuja, emphasizing the administration’s dedication during a road construction project inauguration in the capital.
