Good morning! Here is today’s summary from Nigerian Newspapers:
1. The naira suffered a fresh slide both at the official and parallel foreign exchange markets on Friday. The national currency depreciated to N1,670/$ from N1,600/$ recorded at the close of trading activity on Thursday at the parallel market, while it closed at an official rate of N1,537/$ on Friday from N1,498/$ recorded the previous day.
2. The National Drug Law Enforcement Agency has arrested one Adaobi Nweke alongside her mother and four family members for alleged possession of various drugs, including cocaine, methamphetamine, cannabis and heroin. The sum of N578,400 was also recovered from the suspects who were said to be ‘a second generation family of drug dealers’.
3. Police operatives of the Federal Capital Territory, FCT, Police Command attached to the anti-kidnapping unit have raided two kidnappers’ camps bordering Nasarawa and Abuja via Kuje area council and arrested one Saidu Abdulkadir, popularly known as Dahiru Adamu. He was arrested at about 12 am on Thursday.
4. The leadership of Nigeria Labour Congress, NLC, has declared a two-day nationwide mass protest for February 27 and 28. Joe Ajaero, NLC president, stated this at Labour House, Abuja, during an emergency session, which was held on Friday.
5. The Federal Competition and Consumers Protection Commission, FCCPC, has sealed off the popular Sahad Stores Limited located in Area 11, Garki, Abuja, over alleged stuck piling, extortion, lack of transparency, misleading prices, among others. FCCPC Acting Executive Vice Chairman, Adamu Ahmed Abdullahi, led the operation, on Friday.
6. The Federal Government’s effort to attract investment into the country seems to be yielding fruit. The government, on Friday, said that it has attracted over $30 billion in investment into the country. The Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, who disclosed this, said there were commitments to the said investment.
7. The Upper Sharia Court 1 sitting at GRA Zaria, Kaduna State, has ordered former House of Representatives Member, Hon. Sani Sha’aban, to repay a loan in the sum of $709,238 and N11.2 million to Alhaji Umar Faruk Abdullahi. The presiding judge, Alhaji I’shaq Madahu, also ordered the confiscation of the property Sha’aban used as collateral for the loan.
8. Barely 24 hours to its governorship election primary, a frontline aspirant in the All Progressives Congress, APC, Pastor Osagie Ize-Iyamu has stepped down from the contest. He said the reasons for his decision are personal but it was gathered that it may not be far from the fact that he doesn’t seem to have the support of some prominent leaders of the party, like Sen. Adams Oshiomhole.
9. The Ogun Police Command has arrested a seven-man gang suspected to be specialised in trading human parts for money rituals. The Commissioner of Police, Abiodun Alamutu, disclosed that a human heart and two kegs filled with human body parts were parts of exhibits recovered from the suspects.
10. Ekiti State Police Command, on Friday, disclosed that its operatives have arrested eight suspected members of a kidnapping cartel involved in the abduction of five pupils, three teachers, and a driver of Apostolic Faith School in the state. The State Police Public Relations Officer, Abutu Sunday, while parading the suspects, said the police received credible intelligence that some armed men were planning to kidnap expatriates in a dairy farm in Ikun Ekiti.
Nigerian Newspapers: 10 things you need to know Saturday morning
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