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Newspaper Headlines: Gunmen abduct 18 travellers in Edo, 11 rescued

Reports on the judgment of the supreme court on the declaration of emergency rule in Rivers state dominate the frontpages.

The Punch reports that Nigeria’s downstream petroleum sector has descended into a full-blown price war following the decision by the Dangote Petroleum Refinery to slash the gantry price of petrol. The newspaper says counsel of Chris Ngige, former minister of labour, and the Economic and Financial Crimes Commission (EFCC) clashed over Ngige’s missing passport report during bail application hearing.
THISDAY reports that President Bola Tinubu said his administration is ready to mobilise all military and law enforcement assets to eliminate insecurity, as well as protect the life and property of all Nigerians. The newspaper says the federal government has declared that it would move away from heavy dependence on borrowing and, instead, mobilise mass savings across the country as a sustainable way of tackling Nigeria’s rising debt burden.
Vanguard reports that year-end festivities has pushed monthly inflation to four-month high as month-on-month (MoM) headline inflation rate increased by 1.22 percent in November. The newspaper says Attahiru Bafarawa, former governor of Sokoto, has denied claims by bandit leader Bello Turji that he is among the forces fuelling terrorism and banditry in the north of the country.
Daily Trust reports that the police have rescued 11 of 18 passengers kidnapped by gunmen on the Benin-Akure highway near Obarenren village, in Ovia North east LGA of Edo state on December 12. The newspaper says the supreme court has backed the declaration of a state of emergency in Rivers state.
The Guardian reports that the senate, through its committee on finance, on Monday, criticised the federal government over repeated practice of implementing multiple budgets within a single fiscal year. The newspaper says the house of representatives joint committee on petroleum resources (downstream and midstream) has summoned Aliko Dangote, chairman of the Dangote Group, and the leadership of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), over rising tension in the downstream petroleum sector.
The Nation reports that Tinubu said late President Muhammadu Buhari taught Nigerians that public office is a trust and not a windfall. The newspaper says the Nigeria Police Force (NPF) said the enforcement of tinted glass permit will resume on January 2, 2026.

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