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Newspaper Headlines: Military grills government agency MD, raids ex-gov’s house over alleged coup

Abdullah.Abdulsalam@thecable.ng'byAbdulsalam Abdullah
October 29, 2025 7:00 am

Reports on the US government’s revocation of the non-immigrant visa of Nobel laureate Wole Soyinka dominate today’s frontpages.

Blueprint newspaper reports that the federal government is currently reviewing 170 applications from foreigners seeking to become Nigerian citizens. The paper adds that Kayode Egbetokun, the inspector-general of police (IGP), says 45,000 officers will be deployed to Anambra state for the November 8 governorship election.
Daily Trust reports that police have sealed off the corporate headquarters of Nestoil Limited in Victoria Island, Lagos, after the company was placed under receivership by a consortium of lenders over a reported $1 billion debt. The newspaper says Muhammadu Sanusi II, emir of Kano and former governor of the Central Bank of Nigeria (CBN), has questioned President Bola Tinubu’s continued borrowings despite removing petrol subsidy.
PUNCH reports that military investigators probing an alleged plot to overthrow President Bola Tinubu are reportedly grilling a managing director of a federal government agency in the south-south region, who was arrested for allegedly transferring a huge sum of money to a former governor — fingered as one of the financiers of the alleged plot.
Vanguard newspaper reports that a house of representatives committee says terrorists have threatened to bomb the national assembly. The paper says the house of representatives has resolved to probe the Nigeria Football Federation (NFF) over alleged misuse of $25 million grants received from the global and continental soccer ruling bodies.
New Telegraph reports that the federal government has announced plans to scale up its direct cash transfer programme to include more poor and vulnerable Nigerians. The newspaper says BudgIT, a civic tech non-profit organisation, says 28 states in Nigeria relied on the Federation Account Allocation Committee (FAAC) for at least 55 percent of their total revenue in 2024.
Daily Independent reports that Nuhu Ribadu, the national security adviser (NSA), has warned that any act of violence during the Anambra governorship election will be met with commensurate response from security agencies. The newspaper reports that Adebayo Ade­labu, minister of power, says the federal government has secured about N700 billion for the roll out of two mil­lion electricity meters annually, over the next five years, under the Presidential Metering Initiative (PMI).
Guardian reports that Peter Obi, 2023 presidential candidate of the Labour Party (LP), says the National Drug Law Enforcement Agency (NDLEA) has been turned into a joke over its inability to stop inflow of illicit drugs into the country. The newspaper says the All Progressives Congress (APC) is facing fresh internal wrangling as the north-central forum challenges Plateau leaders over moves to block Caleb Mutfwang’s possible defection.
ThisDay reports that Taiwo Oyedele, chairman of the presidential committee on fiscal policy, says the upcoming value-added tax (VAT) reform will increase states’ share of VAT from 50 percent to 55 percent, translating to over N4 trillion by 2026.

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