Nigerian Newspaper Headlines today
Nigeria News and Trending Naija News Today on newsonline Newspapers – 24 October, 2023 can be accessed below.
Ejes Gist newsonline Nigeria has gathered the top 10 Nigerian Newspaper headlines today and Naija News from various Nigerian newspapers. You can explore the latest Nigeria News and Trending News, October 24, 2023, on Ejes Gist newsonline Newspapers below.
Nigerian Newspapers: 10 Key Updates for Tuesday, October 24, 2023:
Good morning, Nigeria! Here’s a concise summary of today’s top stories from Nigerian newspapers:
1. $3.45 Billion Loan Approved by Federal Executive Council
The Federal Executive Council has granted approval for a $3.45 billion loan, earmarked for financing multiple projects. These projects span the power sector, renewable energy, states’ resource mobilization program, the adolescent girls’ initiative for learning and empowerment, and a women’s empowerment project.
2. Plan to Boost Foreign Exchange Liquidity Underway
President Bola Tinubu has reassured Nigerians and investors about an ongoing strategy to enhance the country’s foreign exchange liquidity. The Minister of Finance, Wale Edun, stated that the country anticipates approximately $10 billion in inflows in the near term, aiming to clear foreign exchange backlogs and stabilize the naira.
Dollar to Naira Exchange Rate Today October 24, 2023 [CBN, I&E and Bank]
Dollar to Naira black market exchange rate today October 24, 2023
3. Supreme Court Panel Demands Proof in Election Appeal
Justice John Okoro, Chairman of the Supreme Court panel handling appeals against President Bola Tinubu’s election, stated that Atiku Abubakar, the Peoples Democratic Party candidate, must substantiate the allegation of certificate forgery against the president beyond a reasonable doubt. This comes following the submission of fresh evidence by Atiku’s lead counsel, Chris Uche, SAN.
4. Nigerian Government to Seek Damages from P&ID
In light of Process & Industrial Developments Limited losing its $11 billion arbitration award against Nigeria in the United Kingdom, the Federal Government intends to demand damages. The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, revealed that the United Kingdom court will hold further hearings to determine costs payable by P&ID and others involved.
5. Tragedy as Tree Falls, Claims Lives in Kwara
A tragic incident occurred in Ilorin, the capital of Kwara State, when a falling tree claimed the lives of two individuals, including a woman, and left ten others injured in the Sango area of the town. The incident took place near a filling station close to Oke Adini Junction.
6. Panel Formed to Investigate Deputy Governor’s Misconduct
The Ondo State House of Assembly has written to the State Chief Judge, Justice Olusegun Odusola, to establish a panel to investigate allegations of gross misconduct against the deputy governor, Mr. Lucky Aiyedatiwa. The impeachment process has resumed following the expiration of the ex parte order from the Federal High Court.
7. Workers Prepare to Lock Up Workplaces
Workers across Nigeria’s 36 states and national assemblies have made arrangements to lock up their workplaces until their demands for financial autonomy for the legislative arm of government are met.
8. Students Loans Scheme to End Academic Strikes
President Bola Ahmed Tinubu announced the end of industrial actions in Nigeria’s academic institutions as the Students Loans Scheme is set to commence in January 2023. This announcement was made at the 29th annual Nigerian Economic Summit, hosted by the Nigerian Economic Summit Group (NESG).
9. Alaba International Market Sealed for Poor Sanitation
The Lagos State Government has sealed off the renowned Alaba International Market as part of its campaign to improve environmental sanitation. Several other markets in the state have been closed by the Lagos State Waste Management Authority (LAWMA) in recent times.
10. Irregularities in Contracts Uncovered by Senate Committee – The Senate Ad-hoc Committee on Fact-finding on the East-West Road project revealed irregularities, including duplications in the award of contracts. These duplications were identified in projects awarded by the Federal Ministry of Works, the Niger Delta Development Commission (NDDC), state governments in the region, and local governments.
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