TheCable

The Punch says state governments, which sued the federal government on the naira redesign policy, have given Abubakar Malami, attorney-general of the federation, and Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), till Tuesday to comply with the order of the supreme court on the validity of the old naira notes.

The Nation reports that Emefiele has launched a fresh plot to achieve the “take over” of Lagos state from the All Progressives Congress (APC) in the March 11 governorship election. The newspaper says businesses have adopted new tactics to stay afloat amid the naira scarcity in the country.

Daily Trust reports that a 14-man steering committee constituted to tackle petrol supply hurdles, chaired by President Muhammadu Buhari, has failed to end the scarcity of the product. The newspaper says the National Agency for Food and Drug Administration and Control (NAFDAC) said 10.6 million people, representing 10.8 percent of the population, used cannabis in the past year.

THISDAY reports that Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), said the comment of Nyesom Wike, governor of Rivers,  on “40-year-old Whisky” confirmed that the latter is under the influence of alcohol. The newspaper said Saudi Aramco announced record profits of $161 billion from its 2022 operations as the largely state-owned oil company cashed in on a tumultuous year in energy markets that resulted in high oil prices.

The Guardian reports that the inability of many Nigerians to access cash has negatively impacted livelihoods and productivity in the informal sector. The newspaper says the Arewa Consultative Forum (ACF) has warned Buhari not to create nationwide unrest with the naira redesign policy.