The Nigerian newspapers are buzzing with reports on the November 11 governorship elections. The Punch reveals that the Peoples Democratic Party (PDP) and the Labour Party (LP) are not happy with the outcome of the election in Imo state. They are not cool with Hope Uzodinma being declared the winner. On a different note, Aliko Dangote, the big boss of Dangote group, is all hyped up about his refinery getting the green light to refine over 300,000 barrels of Nigerian crude per day. Gasoline production is about to kick off, folks!
The Nation spills the beans that the Nigerian Customs Service (NCS) has made a change in the foreign exchange rate for its tariffs and duties, setting it at N783/$. Meanwhile, the Oyo State Mineral Development Agency is cracking down on mining sites that are operating without the right paperwork. No consent letters, no community development agreement, no mining!
Daily Trust brings the spotlight on Senate President Godwin Akpabio, who’s got some strong words to say. He thinks Nigerian legislators are getting a bad rap and are the most misunderstood and attacked among the three arms of government. President Bola Tinubu is also in the mix, promising to make sure that traditional rulers get a piece of the constitutional pie.
Daily Independent reports that the naira is feeling the heat in the foreign exchange market. It took a nosedive against the US dollar after a brief comeback. On the education front, the Joint Admissions and Matriculation Board (JAMB) is all for the senate’s decision to look into alleged admission shadiness in universities. They’re confident that the truth will come out.
THISDAY drops a truth bomb from the Nigeria Extractive Industries Transparency Initiative (NEITI). They’re calling out the state governments for splurging on recurrent expenses, which is holding back their development game. On a brighter note, the Central Bank of Nigeria (CBN) is on a mission to clear up the backlog of foreign exchange (FX) forwards. Let’s hope they get it sorted soon!