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Newspaper Headlines: FG proposes 40% salary increase for ASUU lecturers

Abdullah.Abdulsalam@thecable.ng'byAbdulsalam Abdullah
December 2, 2025 6:15 am

Reports on the court of appeal case in which FBN Merchant Bank Limited and First Trustees Limited are seeking to enforce receivership over Nestoil Limited’s assets, over an alleged $2 billion debt, dominate the headlines. 

 

Blueprint reports that the presidency has implored Nigerians to actively help monitor compliance with President Bola Tinubu’s directive to withdraw police escorts from VIPs. The newspaper adds that the federal government is proposing a 40 percent pay increase to lecturers under the aegis of the Academic Staff Union of Universities (ASUU) — in a bid to avert a full blown strike by the union.
Daily Trust reports that northern governors and traditional rulers have called for a six-month suspension of mining activities across the region, blaming illegal mining for the worsening insecurity in many states. The newspaper adds that Nuhu Ribadu, the national security adviser (NSA), says pupils and staff abducted from St. Mary’s Private Catholic Primary and Secondary School, Papiri, Agwarra LGA of Niger state, are in good condition and will soon be reunited with their families.
The Nation reports that Mohammed Badaru, minister of defence, has resigned his appointment. The newspaper says the confusion triggered by viral social media posts claiming that the court of appeal has overturned a federal high court order in the dispute between Nestoil Limited and FBN Quest has been dispelled.
Daily Independent reports that the Nigerian embassy in Guinea-Bissau has granted asylum to Fernando Dias da Costa, the country’s opposition presidential candidate, over alleged threat to his life. The paper adds that the Peoples Democratic Party (PDP) in Osun says Ademola Adeleke may withdraw from seeking the party’s ticket for the 2026 governorship election unless the ongoing national leadership crisis is resolved in a manner recognised by the Independent National Electoral Commission (INEC) and within its timelines.
Nigerian Tribune reports that Monday Okpebholo, Edo governor, has assured Presco Plc of the state government’s strong support for its operations. The paper reports that a faction of the PDP has insisted that its governorship primary in Osun state will be conducted on December 2.
PUNCH reports that Tinubu is set to name a new minister of defence this week following the sudden resignation of Abubakar who quit the cabinet on health grounds. The newspaper adds that the corporate offices of Nestoil Limited in Victoria Island, Lagos, have been repossessed by the receiver following a “restorative injunction” by a court of appeal.
New Telegraph reports that Umar Babangida, a witness of the Economic and Financial Crimes Commission (EFCC), says former President Olusegun Obasanjo promised to make himself available to testify in any court regarding the award of the Mambilla power project. The paper says Joe Keshi, a former permanent secretary at the ministry of foreign affairs, has faulted the ambassadorial list sent to the senate by Tinubu for confirmation.
ThisDay reports that TotalEnergies says it will sell a 40 percent stake in two offshore exploration licences in Nigeria to Chevron. The newspaper says the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has kicked off the 2025 oil and gas licensing round, announcing that it is targeting $10 billion in investments tied to the current bid cycle.

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