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Newspaper Headlines: Manufacturers gasp under energy, credit burden as Tinubu’s reforms bite

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
May 29, 2025 7:00 am

Reports on the mid-term performance of the President Bola Tinubu administration suffuse the dailies today. 

The Punch reports that Tinubu said his administration is laying the foundation for a sustainable future for Nigeria. The newspaper says manufacturers are gasping under the burden of high interest rates and energy costs amid high inflation rate.
Business Day highlights the 10 parameters that define Tinubu’s second year in office. The newspaper says state governments are increasing efforts to electrify underserved communities in their jurisdictions.
Daily Trust reports that experts and stakeholders across key sectors in Nigeria have called on Tinubu to use the midpoint of his administration to reassess ongoing policies and take concrete steps to deliver tangible benefits to Nigerians. The newspaper says a Nigerian pilgrim identified as Hajiya Zainab from Plateau state has returned missing $5000 to a Russian in Saudi Arabia.
The Guardian reports that Tinubu has insisted that his economic reforms are working while the Peoples Democratic Party (PDP) and former Vice-President Atiku Abubakar have criticised the administration. The newspaper says 4,169 candidates failed the professional qualifying examination of the Teachers Registration Council of Nigeria (TRCN).
The Nation reports that the presidency and finance ministry have explained the recent borrowing request of Tinubu, saying the loan proposal consists of projected borrowings by the federal and state governments over the next two years. The newspaper says West African leaders have celebrated the 50th anniversary of the Economic Community of West African States (ECOWAS).
Vanguard reports that Tinubu said security and economic sectors are improving under his administration.
THISDAY reports that Nigeria has ended its multi-year run as Africa’s largest importer of petroleum products on the back of the commencement of operations of the Dangote refinery.

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