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Newspaper Headlines: Military tracks N45bn NDDC fund linked to alleged coup plot

Abdullah.Abdulsalam@thecable.ng'byAbdulsalam Abdullah
October 30, 2025 7:00 am

The senate’s confirmation of the new service chiefs and their pledge to tackle the country’s insecurity crisis dominate the frontpages.

PUNCH reports that the military investigation into the alleged coup plot, has reportedly uncovered a trail of N45 billion disbursed from the bank accounts of the Niger Delta Development Commission (NDDC) to some politically exposed persons, and soldiers detained in connection with the rumoured conspiracy.
Guardian reports that the national assembly has approved Tinubu’s request to borrow $2.35 billion to finance part of the 2025 budget deficit. The paper adds that the Nigeria Extractive Industries Transparency Initiative (NEITI) has warned that the country may lose up to N6 trillion yearly to unaccounted tax incentives and waivers granted to operators in the fossil fuel sector.
Blueprint newspaper reports that the death sentence of Maryam Sanda, the woman who was convicted for killing her husband in 2017, has been reduced to 12 years’ imprisonment. The paper reports that Idi Abbas, the chief of naval staff, says the Nigerian navy will adopt advanced technology, including drones and artificial intelligence, to modernise its operations and tackle maritime crime across the country’s waterways.
Daily Independent reports that Julius Bokoru, special assistant on media and public affairs to Timipre Sylva, former minister of state for petroleum resources, says his principal was not involved in the “coup attempt” against Tinubu’s government. The newspaper says the Non-Academic Staff Union of Educational and Associated Insti­tutions (NASU) has accused gov­ernments at the federal and state levels of gross injustice in terms of payment of their monthly emol­uments.
Daily Trust reports that Mohammed Idris, minister of information and national orientation, says some US lawmakers are relying on inaccurate and misleading data to allege Christian genocide in Nigeria. The newspaper says the Kano State Primary Health Care Management Board (KSPHCMB) has confirmed the discovery of four new variants of the polio virus in the state, warning that unless vaccination is routinely sustained, the virus could spread after its eradication.
Daily Sun reports that Tinubu has ordered the removal of persons convicted for kidnapping, drug trafficking, human trafficking, fraud, and unlawful possession of firearms from the list of beneficiaries under the federal government’s prerogative of mercy.
Vanguard newspaper reports that the new service chiefs have called on the federal government to empower the police with adequate funding. The paper adds that Nigeria has signed a landmark agreement with Siemens Energy to deliver the first phase of the Presidential Power Initiative (PPI), a $2.3 billion infrastructure project expected to add 7,000 megawatts of operational capacity to the national grid.
Nigerian Tribune reports that the federal government says it has released N2.3 billion to university-based unions to clear the backlog of outstanding arrears. The newspaper says political leaders, traditional rulers and eminent personalities from across the south-west states of the country on Wednesday converged on Akure, the Ondo State capital, to reaffirm their commitment to the unity, development and integration of the region.

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