Nigerian Newspapers: 10 things you need to know Wednesday morning

Good morning! Here is today’s summary from Nigerian Newspapers:

1. The Federation Accounts Allocation Committee (FAAC) has announced the disbursement of N1.203 trillion in revenue for August 2024 to the Federal Government, State Governments and Local Government Councils. The announcement was contained in a communiqué after the FAAC’s September 2024 meeting in Abuja.

2. Rivers State governor, Siminialayi Fubara, has suspended the local government committee chairman of Akuku-Toru local government area, Otonye Briggs. Fubara in a statement signed on Tuesday, by his chief press secretary, Nelson Chukwudi, said Briggs had been suspended with immediate effect.

3. The Presidency has dismissed a viral media report claiming President Bola Ahmed Tinubu has asked the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, to resign. Some online media outlets on Tuesday published reports of the purported presidential directive to Cardoso. However, Special Adviser to the President on Information and Strategy, Bayo Onanuga, reacting to the report on his verified X handle, @aonanuga1956, described the report as “all lies”.

4. Governors elected on the platform of the Peoples Democratic Party (PDP) have declared that there is no going back on their recognition of Siminalayi Fubara as leader of the party in Rivers State which he governs. Chairman of the PDP governors, Bala Muhammed said this on Tuesday.

5. The Nigeria Hydrological Service Agency (NIHSA) has alerted Nigerians of the release of water from Lagdo Dam in Cameroon. In a statement on Tuesday, Director General of NIHSA, Umar Mohammed, alerted Nigerians on the development, but said there is no cause for alarm as major flooding is not expected in Nigeria.

6. Elder statesman and former Chief of Army Staff, Gen. Theophilus Danjuma (rtd), has tasked all service chiefs to end banditry and return the country to the path of peace. The retired top military officer, who decried the ongoing abduction and killings, said there are “no excuses” for the lingering insecurity ravaging the country.

7. The Federal Government earned approximately $1.2bn in telecom license fees from major operators, including MTN, Globacom, Econet (now Airtel), and Etisalat (now 9mobile), during the inception of mobile technology in Nigeria. These license fees played a vital role in establishing the telecom industry in 2000, a sector crucial to Nigeria’s economy. Former President Olusegun Obasanjo revealed this at a book launch in Lagos on Tuesday.

8. No fewer than 30,132 recovered, decommissioned, unserviceable, and illicit arms and ammunition will be destroyed by the National Centre for the Control of Small Arms and Light Weapons. A breakdown of the figure shows that 3,383 are arms, while 26,749 are various calibres of ammunition, some of which were recovered from arms-bearing agencies of the government.

9. Kaduna State Governor, Uba Sani, has expressed shock and deep sense of loss while paying condolences to the families of the Eid-el-Maulud auto crash victims. The auto crash took a worse turn on Tuesday after the death toll rose from 25 to 40 people, mostly children.

10. The Nigeria Police Force on Tuesday said policemen deployed across the country had arrested over 2,398 suspects in recent months. A breakdown showed that 259 were arrested for armed robbery, 186 suspected kidnappers, and 1,575 individuals committed various other crimes. Force Spokesperson, Muyiwa Adejobi disclosed this while parading suspects recently arrested by personnel of the Intelligence Response Team.

Nigerian Newspapers: 10 things you need to know Wednesday morning



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