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Newspaper Headlines: Gunmen abduct 80 people from Katsina community

Newspaper Headlines: Gunmen abduct 80 people from Katsina community
May 15
07:00 2024

Reports on the depreciation of the naira at the foreign exchange market, and the policies unveiled during Tuesday’s federal executive council (FEC) meeting, suffuse the frontpages today. 

The Punch reports that the naira has depreciated to N1,540/$ at the parallel market as operatives of the Economic and Financial Crimes Commission (EFCC) continue to clamp down on bureau de change operators in Abuja, Lagos, Kano and Port Harcourt. The newspaper says organised labour has insisted on the May 31 deadline for the implementation of a new minimum wage.

Daily Trust reports that terrorists have kidnapped over 80 people at Yar-Malamai village in Faskari LGA of Katsina state. The newspaper says the Academic Staff Union of Universities (ASUU) has issued a 14-day ultimatum to the federal government to constitute governing councils in universities.

The Guardian reports that stakeholders said millions of dollars worth of gold is being mined and stolen from the country. The newspaper says President Bola Tinubu has suspended the 0.5 percent cybersecurity levy following criticisms.

THISDAY reports that the federal government has announced that the president, vice-president, and other top government functionaries will start to pay access fees or the e-tag at all the 24 federal airports across the country. The newspaper says the Central Bank of Nigeria (CBN) has appointed 11 pre-shipment agents for oil and gas exports in Nigeria.

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