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 potential leadership changes in the PDP, a police breakthrough in Imo State, and fresh tensions in the Rivers State Assembly. Plus, we bring you updates on oil supply challenges, currency performance, and the latest government response to the recent power grid collapses.
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1. PDP governors offer Damagum opportunity to step down: The acting National Chairman of the Peoples Democratic Party (PDP), Ambassador Umar Damagum, has reportedly been offered a chance to step down next week. This decision was reached during a meeting of the party’s governors in Akure, Ondo State, signaling potential leadership changes within the party.
2. Imo police dismantle notorious armed robbery syndicate: Police in Imo State have successfully dismantled an armed robbery gang terrorizing residents of Owerri North LGA. According to a statement from police spokesperson Henry Okoye, the operation was part of enhanced security efforts led by Commissioner Aboki Danjuma, aimed at reducing violent crimes in the area.
3. PDP governors nullify suspension of party officials: The suspension of acting National Chairman Illiya Damagum, National Publicity Secretary Debo Ologunagba, and National Legal Adviser Kamaldeen Ajibade has been overturned by governors of the Peoples Democratic Party (PDP). This development came as party leaders work to resolve internal disputes and maintain unity.
4. Dangote refinery unable to meet Nigeria’s petrol demand: Oil marketers have revealed that the Dangote Petroleum Refinery is not producing enough petrol to meet Nigeria’s domestic demand. As a result, dealers are being directed to import fuel to supplement the refinery’s supply, despite the high expectations from the $20 billion Lekki-based facility.
5. Naira among worst-performing African currencies in 2024 – World Bank: The naira has been listed as one of the worst-performing currencies in Sub-Saharan Africa for 2024, according to a report by the World Bank titled “Africa’s Pulse.” The depreciation of the currency is raising concerns about Nigeria’s economic stability and its impact on inflation.
6. Fresh crisis in Rivers State Assembly as four seats declared vacant: A new crisis has erupted in the Rivers State House of Assembly, with the Martin Amaewhule-led faction declaring the seats of four members loyal to Governor Siminalayi Fubara vacant. This latest development indicates ongoing political tensions in the state’s legislative chamber.
7. FG dismisses claims of UK endorsement of Sunday Igboho’s petition: The Federal Government has denied reports suggesting that the UK endorsed a petition submitted by Yoruba Nation agitator Sunday Igboho. The petition, aimed at advocating for the creation of a Yoruba nation, was handed in at 10 Downing Street last week, but officials have refuted claims of UK involvement.
8. EFCC arrests Enugu radio host over N700 million Ponzi scheme: Radio host Favour Ekoh has been arrested by the EFCC in connection with a fraudulent N700 million Ponzi scheme. Ekoh, known for his “Prime Time” show on Urban Radio 94.5FM in Enugu, allegedly lured investors with promises of high returns, leading to financial losses for many.
9. Lagos KAI officials arrest 20 miscreants in Oshodi: The Lagos State Environmental Sanitation Corps (KAI) has apprehended 20 suspected miscreants accused of terrorizing residents in Oshodi. The state Commissioner for Environment, Tokunbo Wahab, shared the news via his social media, reaffirming efforts to tackle insecurity in the area.
10. FG investigates cause of multiple power grid collapses: The Federal Government has launched an investigation into the repeated power grid collapses that occurred on Monday and Tuesday. Meanwhile, Minister of Power, Adebayo Adelabu, clarified that the incident was a “trip-off” rather than a full grid collapse, as concerns mount over Nigeria’s power stability.
