Here’s a summary of the key points from the latest news in Nigerian newspapers this Friday morning:
- National Security Adviser’s Comments: Mallam Nuhu Ribadu, the National Security Adviser, has asked for patience with the Bola Tinubu administration, noting the inherited security challenges from the previous government, including Boko Haram insurgency and other regional security issues.NYSC PORTAL
- Foreign Exchange Scarcity: The Federal Government attributes the country’s foreign exchange scarcity to low export earnings. Finance Minister Wale Edun discussed plans to diversify the economy at a conference in Abuja.
- Building Collapse in Lagos: An elderly woman died in Oyingbo, Lagos, due to a staircase collapse in a building. The Lagos State Building Control Agency commented on the incident, emphasizing the importance of adhering to vacation notices.JAMB Portal
- Lagos Sweepers’ Death Case: Jerry Ironkwe, the driver responsible for the deaths of two Lagos State Waste Management Authority sweepers, was arraigned in court on charges of reckless driving.
- Bauchi State Election Appeal: The Court of Appeal in Abuja is set to deliver a judgment on the Bauchi State governorship election, where Governor Bala Mohammed was declared the winner.
- Naira’s Value Fluctuation: The Nigerian currency experienced a significant fall in value at the NAFEM market, dropping to N1,105 before recovering slightly.
- Zamfara State Election Annulment: The Court of Appeal in Abuja voided the election of Governor Dauda Lawal of Zamfara State, ordering a rerun in three local government areas.InformationGuideNigeria
- Finance Minister on Budget Funding: Finance Minister Wale Edun emphasized the need for revenue generation over borrowing to fund the 2024 Budget, citing the high cost of foreign loans.
- Suspension of Osun State Chief Judge: Governor Ademola Adeleke suspended the Chief Judge, Justice Oyebola Adepele-Ojo, appointing Justice Yinka Afolabi in an acting capacity, despite a court injunction.
- Seizure of Illegally Looted Funds: The Federal Government announced the seizure of over N45 billion looted from the national treasury and identified individuals and entities linked to terrorist activities, with their funds confiscated.
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