Newspaper Headlines: After 16 years, airspace agency to raise navigation charges for airlines
Reports on the closure of a Chinese supermarket in Abuja, debates on the creation of state police, and plans to unbundle electricity distribution companies, permeate the frontpages of the dailies.
The Punch reports that the Federal Competition and Consumer Protection Commission (FCCPC) has sealed an Abuja-based Chinese supermarket for barring Nigerians and restricting entry to Chinese nationals. The newspaper says the federal government is planning to unbundle 11 electricity distribution companies along state lines.
Daily Trust reports that Kayode Egbetokun, inspector-general of police, said Nigeria is not yet ripe for the creation of state police. The newspaper says the Nigerian Airspace Management Agency (NAMA) has hinted at the review of navigation charges paid by airlines operating in the country’s airspace.
The Guardian reports that insurance companies in Nigeria may soon join banks to compete for recapitalisation funds. The newspaper says the price of cooking gas has continued its upward rise as Nigerians are struggling amid food inflation.
THISDAY reports President Bola Tinubu as accusing the global community of complicity in the disturbing rise in illegal mining, illicit financial flow and terrorism funding in Africa. The newspaper says the Nigerian Electricity Regulatory Commission (NERC), has kick-started the process of handing over its regulatory oversight power to the Enugu State Electricity Regulatory Commission (EERC) in compliance with the new Electricity Act, 2023.
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