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Newspaper Headlines: 34 embassies risk closure Tuesday over ground rent debt

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
June 9, 2025 7:00 am

Reports on the reconciliation meeting between Babajide Sanwo-Olu, governor of Lagos, and President Bola Tinubu perfuse the cover pages of today’s newspapers. 

The Punch reports that 34 embassies in Abuja risk being closed down by the Federal Capital Territory Administration (FCTA) over unpaid ground rents spanning 11 years. The newspaper says Dauda Lawal, governor of Zamfara, has insisted that he will remain in the Peoples Democratic Party (PDP) where he was elected as the fifth civilian governor of the state.
Nigerian Tribune reports that the Securities and Exchange Commission (SEC) has issued a warning to Nigerians against investing in the cryptocurrency known as Punisher Coin, or $PUN. The newspaper says Tinubu will address a joint session of the national assembly on June 12.
Vanguard reports that during a meeting attended by members of the Governor’s Advisory Council (GAC) and other stakeholders in Lagos, Tinubu said he had forgiven Sanwo-Olu of his sins. The newspaper says Nigerians reduced spending on foreign air travel by 30 percent to $2.66 billion in 2024.
The Guardian reports that Nigerian companies with gaping foreign exchange (FX) holes in their books have adopted price adjustments and gouging to repair balance sheets and survive the economic hardship. The Kano state government said the continuous cancellation of traditional sallah dues has led to major financial losses for the state, especially in tourism and local businesses linked to the yearly festival, the newspaper says.
THISDAY reports that the Dangote refinery imports one-third of its crude oil supply from the United States amid challenges with the domestic crude supply obligation (DCSO). The newspaper says the Arewa Consultative Forum (ACF) has criticised Tinubu and the ruling All Progressives Congress (APC) for being “obsessed with early re-election campaigns and defections instead of national issues”.
The Nation reports that a report released by the Central Bank of Nigeria (CBN) shows that the inflow of foreign exchange into the economy from domestic sources is at its highest in six years. The newspaper says the federal government has launched an intensive technical training programme for mining professionals in partnership with the Australian government.
Daily Trust reports that experts and residents have warned that the unhygienic state of abattoirs across the six area councils in the federal capital territory (FCT) is dangerous and requires urgent government intervention. The newspaper says seven pilgrims were reported to have died during the 2025 hajj exercise in Saudi Arabia following health complications.

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