Nigerian Newspapers Summary
Good morning! Here’s today’s summary from Daily News 24. Stay informed with the top stories shaping Nigeria, including President Tinubu’s directive to release detained minors, the swearing-in of new ministers, and a notable crackdown on corruption. Also, updates on economic reforms, national security achievements, and the latest developments in fuel pricing and government contracts.
READ ALSO: Nigerian Newspapers: Top 10 Stories to Start Your Monday Morning
- Tinubu Orders Release of Minors Held in Cost of Living Protest
President Bola Tinubu has ordered the release of minors detained following the August 1 cost of living protest. Minister of Information and National Orientation, Mohammed Idris, announced this decision on Monday, indicating the president’s directive aims to address concerns around the treatment of young detainees.
- Tinubu Swears in Newly Appointed Ministers
President Bola Tinubu administered the oath of office to seven new ministers in Abuja on Monday. The swearing-in ceremony, held at the Council Chambers, solidifies their roles in the Federal Executive Council, marking the administration’s ongoing restructuring efforts.
- Former Delta Governor Ifeanyi Okowa Arrested by EFCC Over Alleged Fund Diversion
The Economic and Financial Crimes Commission (EFCC) has arrested former Delta State Governor Ifeanyi Okowa on allegations of diverting N1.3 trillion of state funds. The arrest is part of EFCC’s ongoing investigations into high-profile cases of financial misconduct.
- Federal Government Excludes Universities from IPPIS Payroll System
In a significant shift, the federal government announced the removal of universities and state-owned tertiary institutions from the IPPIS payroll system. The Office of the Accountant General of the Federation (OAGF) disclosed this policy change, aiming to address administrative concerns within educational institutions.
- Nigeria’s Debt Servicing Ratio Drops to 65% – Tinubu
President Bola Tinubu revealed a reduction in Nigeria’s debt servicing to revenue ratio, now at 65%, during the inauguration of new ministers. This drop from 68% highlights a slight improvement in the country’s debt management, reflecting efforts to stabilize the economy.
- AGF Dismisses Rumors of Salary Account Change for Federal Workers
The Accountant-General of the Federation, Mrs. Oluwatoyin Madein, clarified that federal workers were not directed to change their salary accounts. Her response addresses rumors regarding mandatory account changes within the IPPIS system, affirming that no such directive was issued.
- Federal Government Terminates Julius Berger’s Abuja-Kaduna Road Contract
The federal government has canceled Julius Berger’s N740 billion contract for the Abuja-Kaduna road section. This decision followed the construction firm’s absence from a key meeting to renegotiate terms, according to the Ministry of Works, indicating stalled progress on the rehabilitation project.
- Finance Minister Reaffirms Commitment to Tinubu’s Economic Reforms
Finance Minister Wale Edun has reiterated support for President Tinubu’s ongoing reforms in the forex and oil and gas sectors. Edun emphasized this stance while receiving Minister of State Doris Uzoka Anite, underscoring the government’s commitment to stabilizing the economy.
- Bauchi Police Neutralize Six Suspected Kidnappers in Ningi Local Government
Police in Bauchi State have neutralized six alleged kidnappers in a coordinated operation across Ningi Local Government Area, including Burra Mountain. Commissioner of Police Auwal Musa Muhammad shared this during a press briefing, detailing the state’s intensified fight against crime.
- PETROAN Criticizes Dangote Refinery’s N990 Petrol Price
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns over the Dangote Refinery’s N990 per liter petrol price. PETROAN argues that Dangote benefitted from government concessions, suggesting that imported fuel remains more affordable.
