Newspaper headlines: FG halts deduction of CBN’s loans to states

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Newspaper headlines: FG halts deduction of CBN’s loans to states

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October 21, 2022

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Reports of a tanker explosion at the Lagos-Ibadan expressway dominated the front pages of Nigerian dallies.

The Punch says the federal government has listed Tafawa Balewa Square in Lagos as well as all the National Integrated Power Projects plants and 23 other assets to be sold off to fund the 2023 budget deficit. The newspaper reports that the Asset Management Corporation of Nigeria (AMCON) has sold Polaris Bank for N50 billion.

The Nation says Adamu Abdullahi, national chairman of the All Progressives Congress (APC), says all the former presidential aspirants are backing Bola Tinubu in his quest for the presidency in 2023. The newspaper reports that the US has pledged $1 million in humanitarian aid to flood victims in Nigeria.

Daily Trust says Hameed Ali, controller general of the Nigeria Customs Service (NSC), has revealed that at least 2,000 officers have been sacked in the last seven years over corrupt practices. The newspaper reports that President Muhammadu Buhari has pledged that Siemens transformers will boost Nigeria’s power supply from November.

The Guardian says Alaba Market leaders confirmed that three people died from the clash between traders and hoodlums earlier this week. The newspaper reports that Liz Truss has resigned as the prime minister of the UK after 45 days.

Daily Independent says Buhari has appointed Emmanuel Audu-Ohwavborua as the acting managing director of the Niger Delta Development Commission (NDDC). The newspaper reports that Kogi state has earned its first derivation as an oil-producing state.

Source: Top Stories