Good morning. Here is today’s summary from Nigerian Newspapers:
1. ECOWAS Chairmanship: Tinubu Re-Elected
- Vows To Build Democratic Values In West Africa
- Appoints Special Envoys To Burkina Faso, Mali, Niger Republic
- Emphasises Expediency Of A Standby Force To Tackle Terrorism
President Bola Tinubu has made the strengthening of democratic values in the West African region his primary objective following his re-election as the chairman of the Economic Community of West African States (ECOWAS). READ MORE
2. Flood Alert! NIMET Predicts Heavy Rainfall From Monday
- NEMA Activates Emergency Centers
While Nigerians are still recovering from the disaster caused by the recent incidents of rainfall in Lagos State and some other parts of the country, the Nigerian Meteorological Agency has predicted a heavy downpour from Monday to Wednesday across the country. READ MORE
3. New Capital Base Insufficient Amid Naira Depreciation-Soludo
Professor Chukwuma Soludo, former Central Bank of Nigeria (CBN) governor and current Anambra State governor, has lauded Nigeria’s banking industry for its recent recapitalization efforts. He however, expressed concerns that the new capital requirements might not suffice in light of the depreciation of the naira. READ MORE
4. Gunmen Abduct Two Nigerian Journalists, Family Members
Armed individuals kidnapped two journalists, AbdulGafar Alabelewe and Abdulraheem Aodu, along with their family members in separate incidents on Saturday night in the Danhono 2 community, Millennium City, Kaduna. Mr. Alabelewe, a correspondent for The Nation Newspaper and Chairman of the Correspondents Chapel in Kaduna, was taken along with three family members. In the same community, Mr. Aodu, a correspondent for Blueprint Newspaper, was kidnapped alongside his wife. READ MORE
5. Academic Activities Threatened As SSANU, NASU Set For Nationwide Strike
Academic activities in Nigerian universities may be disrupted again as the Non-Academic Staff Union of Educational and Associated Institutions (NASU) and Senior Staff Association of Nigeria Universities (SSANU) have declared a nationwide strike from Tuesday, June 9, 2024. READ MORE
6. ‘Start Making Sacrifices For Nigerians, Learn From Kenyan Experience’-Obi
Following deadly widespread protests that have erupted in Kenya, Peter Obi, the Labour Party, LP, presidential candidate in the 2023 general election, has urged Nigerian political leaders to learn a lesson from it and prevent such an experience in the country. READ MORE
7. Only 57% of Nigeria’s rice demand can be satisfied locally- AFAN officials
Mr. Shakin Agbayewa, the deputy chairman of the Lagos chapter of the All-Farmers Association of Nigeria (AFAN), has said that local price production can only supply 57% of the 6.5 million metric tonnes of rice used annually in the nation. READ MORE
8. FG exempts DisCos, GenCos, and others from paying withholding tax
All electrical companies, including generation and distribution companies (GenCos and DisCos), have been classified by the federal government as being free from paying withholding tax in the nation. READ MORE
9. Before the year ends, I want to settle down—Ruth Eze
Ruth Eze, a stunning and voluptuous Nollywood actress, has steadily grown to become one of the most sought-after faces in epic films. About ten years ago, she began her adventure into the film industry, and ever since, she has been a formidable force. READ MORE
10. Olise Dumps EPL, Joins Bayern From Palace On Five-Year Deal
Bayern Munich have signed winger Michael Olise from Crystal Palace for about 60m euros (£50m). READ MORE
