TheCable

The Punch reports that organised labour has threatened to embark on strike if the federal government fails to meet its demand of cushioning the effect of petrol subsidy removal. The newspaper says the World Bank has approved a loan of $750 million to boost Nigeria’s power sector.

The Nation reports that the Central Bank of Nigeria (CBN) said holders of domiciliary accounts now have unfettered access to their accounts. The newspaper reports that the National Inland Waterways Authority (NIWA) said preliminary investigation revealed that overloading and windy rain caused the boat tragedy that killed no fewer than 106 persons in Kwara state.

THISDAY reports that the race for principal offices in the 10th senate has started. The newspaper says a fresh crisis is brewing within the national working committee (NWC) of the Peoples Democratic Party (PDP) over the alleged emergence of Kingsley Chinda as minority leader of the house of representatives.

The Guardian says Nigerians may need to brace up for tougher times as electricity tariff is set to increase by over 40 percent in the coming days. The newspaper says the federal government and organised labour are expected to resume negotiation on the removal of petrol subsidy.

Daily Trust reports that four days to the closure of Saudi Arabia’s airspace for Hajj flights, thousands of intending pilgrims from Nigeria may miss the annual exercise following delay in their airlift. The newspaper says homeowners at Salanta layout along Yahaya Gusau road in Kano metropolis, are lamenting the plan of the state government to demolish their properties.