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 a sharp rise in petrol prices in Abuja, the escape of ex-Boko Haram fighters, critical court rulings, and ongoing challenges in national security and economic stability.
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1. Independent oil marketers raise petrol prices in Abuja to N1,200 per liter:
Independent oil marketers in Abuja have adjusted petrol prices to N1,200 per liter following changes in their purchase price from Dangote Refinery. This adjustment has sparked concern among consumers as filling stations across the Federal Capital Territory reflect the new rates.
2. Repentant Boko Haram fighters flee with arms in Borno State:
Thirteen former Boko Haram fighters, who surrendered to the Borno State government, have escaped with rifles and motorcycles provided for their reintegration into military efforts against insurgency. Their disappearance poses a renewed security threat in the region.
3. Court of Appeal upholds PDP lawmaker’s removal in Enugu:
The Court of Appeal in Enugu has confirmed the ruling that ousted Hon. Simon Atigwe from his seat in the House of Representatives. Atigwe, who represented Igboeze North/Udenu, was found not to have been duly elected, leading to his removal from office.
4. NLC and private sector demand reversal of petrol price hike:
The Nigeria Labour Congress and the Organized Private Sector have called for the reversal of the recent petrol price hike by NNPCL. NLC President Joe Ajaero condemned the increase, citing its negative impact on the economy and workers.
5. Nigeria secures $6.45bn in loans from World Bank under Tinubu’s leadership:
Nigeria has secured $6.45 billion in loans from the World Bank within 16 months of President Bola Tinubu’s administration. The latest approvals, totaling $1.57 billion, will fund various development projects, and additional loans are expected in the near future.
6. Senate backs financial autonomy for local governments:
The Senate has endorsed the Supreme Court ruling that grants financial autonomy to the 774 local governments in Nigeria. The lawmakers criticized some governors’ attempts to control local funds through joint accounts, urging respect for local government independence.
7. Soldier kills policeman during Lagos traffic stop:
A soldier driving against traffic in Lagos stabbed a police officer, Saka Ganiyu, to death during a confrontation at Volks Bus Stop. The soldier, who was out of uniform, became violent when stopped for driving an unregistered vehicle against traffic.
8. Ekiti court sentences three to death for armed robbery:
Three men have been sentenced to death by hanging for armed robbery by an Ekiti State High Court. The convicts, aged 29 and 30, were found guilty of multiple robbery offenses, while a fourth defendant was acquitted due to insufficient evidence.
9. Senator Ndume says Nigerian military lacks capacity to end insurgency:
Senator Mohammed Ndume has criticized the Nigerian military for being ill-equipped to tackle Boko Haram and banditry. His remarks come amid rumors of an ambush on his convoy, which he has denied, calling for better military resources to combat insurgency.
10. Naira weakens further to N1,625 per dollar in NAFEM:
The Naira has depreciated to N1,625.13 per dollar in the Nigerian Autonomous Foreign Exchange Market, marking a drop from N1,561.76 the previous day. The continued decline raises concerns over the stability of Nigeria’s currency in the international market.
