Nigerian Newspapers Summary
Good morning! Here is today’s summary from Daily News 24. Stay informed with the top headlines making waves across Nigeria, including President Tinubu’s latest international engagement in Paris, the re-arrest of an escaped convict in Borno, escalating tensions within the PDP and APC, and key developments in the nation’s petroleum sector and forex market.
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1. President Tinubu departs UK for Paris engagement: President Bola Ahmed Tinubu has left the United Kingdom for Paris, France, for an undisclosed important engagement. His departure was confirmed by his Senior Special Assistant, Ibrahim Kabir Masari, as part of ongoing international commitments.
2. Borno convict re-arrested after escaping during prison flood: The Borno State Police Command has re-arrested 28-year-old Kyari Kur, who escaped from the Medium Security Custodian Center in Maiduguri following a flood in September 2024. The flood led to the collapse of the prison fence, enabling Kur and several others to flee. He was convicted of conspiracy and theft.
3. PDP leadership crisis escalates with suspensions: The leadership crisis within the Peoples Democratic Party (PDP) has intensified as the party’s National Working Committee suspended Acting National Chairman Umar Damagum and Secretary Samuel Anyanwu for alleged anti-party activities. This comes amid ongoing turmoil related to political events in Rivers State.
4. APC suspends Petroleum Minister Lokpobiri over anti-party activities: The All Progressives Congress (APC) has suspended Minister of State for Petroleum Resources, Heineken Lokpobiri, and former Bayelsa governorship candidate, David Lyon. The suspension follows allegations of anti-party activities reviewed by the party’s Bayelsa leadership.
5. Petroleum marketers now able to buy petrol directly from Dangote Refinery: The Nigerian government has announced that petroleum marketers can now purchase Premium Motor Spirit (petrol) directly from the Dangote Refinery. The announcement was made by the Minister of Finance, Wale Edun, as part of efforts to improve fuel distribution nationwide.
6. Governor Bala Mohammed addresses PDP division rumors: Bauchi State Governor Bala Mohammed has downplayed rumors of internal divisions within the Peoples Democratic Party (PDP), assuring the public that the party is working to resolve its internal issues through dialogue and collaboration with key stakeholders.
7. Naira falls further in the foreign exchange market: The naira continued its downward trajectory, closing the week at N1,641.27 per dollar, a loss of N18.7 from the previous day’s exchange rate of N1,622.57. This marks another setback for Nigeria’s currency in the foreign exchange market.
8. Nigerian sentenced to 7 years in the US for fraud scheme: Oludayo Adeagbo, a Nigerian national, has been sentenced to seven years in a US prison for his role in a multimillion-dollar business email compromise scheme. The sentencing was announced by the US Department of Justice following Adeagbo’s involvement in defrauding multiple businesses.
9. Benue federal lawmaker sues Governor Alia for defamation: Kwande/Ushongo Federal Constituency lawmaker, Terseer Ugbor, has filed a N1 billion defamation lawsuit against Benue State Governor Hyacinth Alia. The suit, submitted to the Benue State High Court, also names the governor’s Chief Press Secretary, Tersoo Kula, and media aide Isaac Uzaan.
10. Suspected Lagos car thief admits plan to fund father’s burial: Joseph Ada, a suspected car thief arrested by the Lagos State Police Rapid Response Squad, has confessed to planning to sell his former employer’s car to fund his father’s burial. The police disclosed this in a statement released on Friday.
