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Newspaper Headlines: N11bn found in bank accounts of colonel detained over alleged coup plot

The lingering Peoples Democratic Party (PDP) crisis, ahead of a planned national convention, permeates the frontpages. 

Punch says military intelligence has traced about N11 billion to the bank accounts of a colonel detained over the alleged coup plot. The newspaper reports that Adebayo Adelabu, minister of power, said over 10,000 megawatts of electricity are being wasted across different idle plants scattered across the country.
The Nation reports that the National Association of Resident Doctors (NARD) has commenced a nationwide “total, comprehensive, and indefinite” strike. The newspaper says Dave Umahi, minister of works, said President Bola Tinubu has ended decades of political marginalisation of the south-east.
Independent says the Civic Alliance for Fiscal Transparency (CAFT) has asked members of the national assembly to hold the executive accountable for newly approved foreign loans. The newspaper says the national working committee (NWC) of the PDP has split into two factions barely 24 hours after the high court judgment halted the party’s national convention.
New Telegraph says the Nigeria Labour Congress (NLC) has condemned a proposed amendment to the Employees’ Compensation Act (ECA). The newspaper reports that the federal government has approved and commenced the payment of over N3.3 billion in arrears owed health workers across the country.
Tribune reports that the Nigerian Army has crushed several terrorist cells, rescued 17 kidnap victims and apprehended 20 suspects through intensified offensive operations across the country. The newspaper says fear has gripped residents of Kano after bandits killed three and abducted many in three LGAs of the state. 

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