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Nigerian Newspapers: 10 things you need to know Tuesday morning

Nigerian Newspapers: 10 things you need to know Tuesday morning

Good morning! Here is today’s summary from Nigerian Newspapers:

1. The Federal Government on Monday confirmed it has commenced talks with the government of the United States of America on the ongoing investigation of a chopper crash that claimed the lives of the Group Chief Executive Officer of Access Holdings, Herbert Wigwe, and some prominent Nigerians in California, USA, on Friday.

2. Power distribution companies that are performing below stipulated standards in the Nigeria Electricity Supply Industry are going to lose 50 per cent of their operating expenditures, the Federal Government declared on Monday. It made the declaration through the Nigerian Electricity Regulatory Commission at the 1st NESI Stakeholders Meeting of 2024 in Lagos.

3. The naira fell to a new all-time-low of N1,534/$ at the official Nigerian Autonomous Foreign Exchange Market on Monday. This indicates a loss of 3.93 per cent or N58 from the N1,476.13/$ the national currency closed last week Friday, according to FMDQ Exchange, a platform that publishes official foreign exchange trading in the country.

4. Gunmen have killed a police officer and freed seven inmates in an attack on Okigwe Correctional Farm Settlement. The incident took place on Monday at the Correctional Service Farm Settlements, Umualomokein Okigwe. It was gathered that the attackers also abducted the correctional service officer in charge of the settlement shortly before attacking the residence of Senator Patrick Ndubeze.

5. The police in Lagos State have arrested a woman for allegedly stabbing her neighbour to death over water. The incident occurred at 10, Tunkarimu Street, Ajegunle Apapa, around 9:30pm on Sunday. The suspect, Cynthia Aigbodon, allegedly killed one Barakat Adio during a misunderstanding at a public borehole near their residence.

6. Ogau Onyeka Michael, a senior official of the Central Bank of Nigeria, CBN, on Monday, explained why he paid $6,230,000 in cash for international election observers during the 2023 general election. Michael, who is the First Prosecution Witness, PW1, in the ongoing trial of former CBN Governor, Godwin Emefiele, made the revelation while testifying in court on Monday.

7. Governors elected on the platform of the main opposition Peoples Democratic Party, PDP, rose from a meeting in Abuja, on Monday, with a call on President Bola Tinubu to immediately put in place initiatives that will bring the food crisis to an end. PDP lamented that Nigeria is almost on the road to Venezuela and called on the Federal Government to work with relevant stakeholders with a view to bringing succor to Nigerians.

8. Emir of Kano, Alhaji Aminu Ado Bayero, has urged Nigeria’s First Lady, Senator Oluremi Tinubu, to convey the message of the teeming populace about the hunger and starvation in the country to the President, saying the hardship is more alarming. The Emir made the call when the first lady paid him a courtesy visit at his palace on Monday.

9. Nigerians are still bearing the effects of the policies of ex-President Muhammadu Buhari, Adams Oshiomhole, senator representing Edo North Senatorial District, has said. Oshiomhole said President Tinubu should not be held responsible for the right or wrong decisions taken by the previous administration.

10. Gunmen on Sunday evening reportedly killed nine traders along Jibia/Batsari Road in Katsina State. Residents alleged that the traders were returning to their community from a local market in Jibia when they ran into the gunmen around 6 pm on Sunday.

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