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Newspaper Headlines: Bauchi, Gombe clash over ownership of Kolmani oil field

Newspaper Headlines: Bauchi, Gombe clash over ownership of Kolmani oil field
December 05
08:19 2022

Issues regarding the lingering petrol scarcity dominated the cover pages of Nigerian newspapers.

The Punch reports that both Bauchi and Gombe states have started laying claims to the ownership of the Kolmani oil and gas field. The newspaper says the number of active telecommunication subscribers hit 214.35 million in October.

Daily Trust reports that at least 46 people were reportedly abducted by gunmen in attacks on two separate communities in Batsari and Funtua LGAs of Katsina. The police have accused members of the Indigenous People of Biafra (IPOB) and its armed group of the attack on the Oru west office of the Independent National Electoral Commission (INEC) in Imo state, the newspaper says.

Daily Independent reports that despite the efforts of the National Insurance Commission (NAICOM), many Nigerians still fall victim to fake insurance buy-in. The newspaper says former President Olusegun Obasanjo has thrown his weight behind a southern presidency.

The Nation says the ex-depot price of petrol has risen to N225 per litre as motorists and commuters continue to groan over the lingering petrol scarcity. The newspaper reports residents of Lagos are likely to ride on the blue light rail before Christmas.

THISDAY reports that President Muhammadu Buhari has called for quick implementation of the Economic Community of West African States (ECOWAS) action plan against terrorism and other crimes in the sub-region. The newspaper says the Central Bank of Nigeria (CBN) said it offered treasury bills amounting to N7.33 trillion in
the first half of the year.

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