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Newspaper Headlines: Marketers blame depots as petrol nears N1,000 per litre

Monetary policies and the gale of defections in the political sphere suffuse the dailies today. 

The Punch reports that amid worsening supply challenges and rising pump prices, petroleum marketers have begun moves to independently import petrol as the commodity nears the N1,000 per litre mark across major cities in the country. The paper reports that a Yaba chief magistrate court has ordered Femi Falana chambers to seek the exhumation and autopsy of 10 victims of the Afriland Towers fire incident.
Blueprint reports that Peter Mbah, governor of Enugu, has defected to the All Progressives Congress (APC). The newspaper adds that Vice-President Kashim Shettima says Nigeria has secured over $400 million in new investment commitments for renewable energy manufacturing value chains.
Nigerian Tribune reports that the APC has adopted the consensus mode for the 2026 governorship primary election in Ekiti state, paving the way for Biodun Oyebanji, the incumbent governor, to pick the party’s ticket. The newspaper says Kaila Samaila, senator representing Bauchi north, has defected from the Peoples Democratic Party (PDP) to the APC.
New Telegraph reports that Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, says it has taken a final investment decision (FID) on the HI offshore gas project in the country. The paper says the International Monetary Fund (IMF) has reviewed its forecast for Nigeria’s economic growth rate to 3.9 percent in 2025.
THISDAY reports Shettima as saying that Mbah has become the new leader of the APC in Enugu following his defection to the ruling party on Tuesday. The newspaper reports that Jim Ovia, founder of Zenith Bank, and Adaora Umeoji, group managing director, performed the Nigerian Exchange (NGX) closing gong ceremony on Tuesday.
The Guardian newspaper reports that senators on Tuesday expressed outrage while moving to secure the release of hundreds of Nigerian women and children held in Libyan prisons. The paper adds that the federal government says mathematics is no longer a required subject for tertiary school admission seekers looking to study non-science courses.
Vanguard newspaper reports that Adolphus Wabara, PDP BoT chairman and former senate president, says governors’ defection to APC confirms his warning of plans for a one-party state. The newspaper says the house of representatives has resolved to intervene in the dispute between the federal government and the Academic Staff Union of Universities (ASUU).
Daily Sun reports that the African Democratic Congress (ADC) says the national assembly’s proposal to move the 2027 general election to November 2026 could destabilise governance and push the country into a cycle of endless politicking. The paper adds that there was mild drama at the federal high court in Abuja on Tuesday as Umar Damagum, national chairman of the PDP, and Kamaldeen Ajibade, the party’s national legal adviser, openly disagreed over who holds the authority to appoint lawyers for the party.

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