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 the Federal Executive Council’s approval of a Disaster Management Fund, President Tinubu’s reassurances on economic hardship, and the court’s ruling in favor of Sunrise Power.
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1. FEC approves Disaster Management Fund for emergency response:
The Federal Executive Council (FEC) has approved the establishment of a Disaster Management Fund to improve disaster response across Nigeria. The fund, announced by Minister of Finance Wale Edun, aims to provide swift financial assistance in times of national crises and emergencies, reinforcing government support during disasters.
2. Tinubu assures Nigerians of long-term gains from current hardship:
President Bola Tinubu has reassured Nigerians that the economic challenges they currently face will be short-lived, with long-term benefits in sight. Speaking at a recent event, he emphasized that the sacrifices being made today will lead to sustainable economic growth and prosperity for the country.
3. Court orders EFCC to delist Sunrise Power promoter from wanted list:
A Federal High Court in Abuja has directed the EFCC to remove Leno Adesanya, the promoter of Sunrise Power and Transmission Company, from its list of wanted persons. The court ruled that Adesanya’s involvement in the $6 billion Mambilla hydropower project was wrongly linked to criminal allegations, clearing his name of any wrongdoing.
4. Notorious bandit commander Kachalla Tukur Sharme killed in Kaduna:
Kachalla Tukur Sharme, a notorious bandit commander responsible for the kidnapping of Bethel Baptist High School students, was killed in a clash between rival gangs in the forests of Kaduna State. Two other members of a rival faction also lost their lives in the violent encounter.
5. Oshiomhole declares Obaseki politically irrelevant after Edo election:
Former Edo State Governor, Adams Oshiomhole, declared Governor Godwin Obaseki as politically “dead” following the results of the recent Edo governorship election. Oshiomhole, speaking on Channels TV, said the election outcome reflected the will of the people of Edo and signaled the end of Obaseki’s political influence.
6. APC to replicate Edo election strategy in Ondo, says Ganduje:
APC National Chairman, Dr Abdullahi Umar Ganduje, revealed the party’s plans to use its success in the Edo governorship election as a blueprint for winning the upcoming Ondo election in November. Ganduje called on party leaders to intensify efforts to secure dominance across the South East zone.
7. Yiaga Africa says Edo governorship election failed integrity test:
Yiaga Africa, an accredited observer of the recent Edo governorship election, stated that the poll failed to meet basic integrity standards due to widespread manipulation. The organization’s post-election report criticized the conduct of the election, citing concerns over compromised results.
8. Dangote calls for full removal of fuel subsidies:
Aliko Dangote, President of Dangote Group, has urged the Federal Government to completely remove fuel subsidies, stating that it would enable accurate data on petrol consumption in Nigeria. He also revealed plans to commence oil production from two upstream oil blocks owned by his company next month.
9. Kogi Assembly demands EFCC chairman’s removal over Yahaya Bello case:
The Kogi State House of Assembly has called for the removal of EFCC Chairman, Ola Olukoyede, over the agency’s handling of corruption allegations against former Governor Yahaya Bello. The Assembly condemned the EFCC’s actions, including a recent attempt to arrest Bello at the Kogi Governor’s Lodge in Abuja.
10. Diesel prices surge 64.58% in Nigeria, hits ₦1,406 per litre:
The average price of diesel in Nigeria rose by 64.58% in August 2024, compared to the same period last year. According to the National Bureau of Statistics, diesel now sells for ₦1,406.05 per litre, reflecting the continuing increase in energy costs across the country.
