Nigerian Newspapers Summary
Good morning! Here is today’s summary from Daily News 24. Stay informed with the latest headlines across Nigeria, including the Federal Government’s response to Joe Ajaero’s arrest, the military’s renewed fight against banditry, and concerns over Maiduguri’s devastating floods. Stay updated on these stories and more, including the naira’s continued depreciation and a high-profile fraud conviction.
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1. FG rejects claims of human rights abuses in Joe Ajaero’s arrest:
The Federal Government has refuted allegations of human rights violations concerning the arrest of Nigeria Labour Congress (NLC) President, Joe Ajaero, by the DSS. Presidential spokesperson, Bayo Onanuga, clarified that the claims, particularly from the TUC UK, were baseless and resulted from a misunderstanding of the situation, urging the public to allow security agencies to perform their duties.
2. Military vows to intensify efforts against banditry and terrorism:
The Nigerian Armed Forces have reaffirmed their commitment to eradicating terrorism and banditry across the country. In a statement, service chiefs expressed optimism about their ongoing operations, stressing that they are making progress in the fight and called for public cooperation to secure lives and property.
3. APC admits Tinubu’s policies have worsened economic hardships:
The All Progressives Congress (APC) has acknowledged the adverse effects of President Bola Ahmed Tinubu’s policies on Nigeria’s economy. APC National Publicity Secretary, Felix Morka, admitted that the administration’s policies have intensified economic hardships but urged citizens to be patient as the reforms are designed to address long-term challenges.
4. Borno officials describe Maiduguri floods as ‘terrible’:
The collapse of the Alau Dam in Borno State has resulted in devastating floods that have submerged multiple areas in Maiduguri. Borno State Emergency Management Agency Director-General, Barkindo Mohammed, labeled the situation as “terrible,” with displaced residents seeking shelter in safer locations as water levels continue to rise.
5. Tinubu defends fuel subsidy removal to fund critical investments:
President Bola Tinubu has defended the removal of the fuel subsidy, stating that the decision was essential to free up resources for critical national investments. He emphasized that the economic reforms, though challenging, are necessary to restore confidence in Nigeria’s economy and promote long-term growth.
6. NNPCL and Dangote yet to finalize fuel deal ahead of September lifting:
As the Nigerian National Petroleum Company Limited (NNPCL) prepares for fuel lifting from the Dangote Refinery, both parties are yet to finalize commercial agreements on the quantity and pricing of the Premium Motor Spirit (PMS). Sources confirm that discussions are still ongoing, just days before the scheduled September 15 start date.
7. NAFDAC recalls Dove soap due to chemical impurity:
NAFDAC has ordered the recall of Dove Beauty Cream Bar Soap (100g) with batch number 81832M 08 due to the presence of Butylphenyl Methylpropional, a banned chemical impurity linked to health risks. The recall is in line with Nigeria’s Cosmetic Products Regulation and applies to products manufactured in Germany.
8. American businessman sentenced to 74 years in prison for $1.2m visa scam:
A Lagos State court has sentenced American businessman Marco Antonio Ramirez to 74 years in prison for defrauding victims of $1.2 million through a fraudulent EB-5 visa scheme. In addition, Ramirez was convicted for a separate $368,698.24 fraud charge. The court found him guilty of multiple charges filed by the EFCC.
9. Police hunt for assailants after killing of four in Anambra community:
The Anambra State Police Command has launched a manhunt for suspects involved in the murder of four men in the Agu-Isioye community on Monday. The attackers, yet to be identified, raided the area located between Enugwu-Ukwu and Nawfia, leaving several others injured in the violent incident.
10. Naira depreciates further, now trades at N1637.59 per dollar:
The Nigerian naira has suffered further depreciation against the U.S. dollar, closing at N1637.59 on Tuesday. The exchange rate dropped by N14.63 from the previous day’s rate of N1622.96, as Nigeria’s currency continues to face pressure in the forex market.
