Wednesday, October 27, 2021
MARKET UPDATE

TheCable

Advertisement

Newspaper Headlines: Manufacturers lament over forex scarcity

Newspaper Headlines: Manufacturers lament over forex scarcity
September 20
07:43 2021

Issues on the country’s economy, including the value-added tax debate and the zoning of the 2023 presidency dominated the cover pages of Nigerian newspapers.

Advertisement

Daily Independent reports that scarcity of foreign exchange in the country has made manufacturers shut down their production lines. The newspaper says the position of the southern governors on zoning of the 2023 presidency may alter the zoning arrangement of the Peoples Democratic Party (PDP).

The Nation says private business groups have expressed worries over how to pay value-added tax and who to pay it to. The newspaper reports that Obadiah Mailafia, former deputy governor of the Central Bank of Nigeria (CBN), was taken to three hospitals in two days before his death.

The Punch reports that Aminu Masari, governor of Katsina, came under fire over comments that the move for states to collect VAT is a joke. The newspaper reports that the Northern Elders Forum says the region has the majority votes and will not accept a second-class position in 2023.

The Guardian reports that demand for forex has reached $2 billion, amid scarcity and weak naira. The newspaper says gunmen were on the rampage in the south-east, killing three policemen, burning INEC office and dispersing political meetings.

Daily Sun reports that Miyetti Allah is set to lobby south-east governors to stop anti-open grazing laws. The newspaper says the national assembly is plotting against the federal government’s fresh loan request as principal officers are under pressure.

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment