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Newspaper Headlines: N80bn found in bank accounts of sacked NNPC refinery MD

byAyomikunle Daramola
May 3, 2025 7:00 am

Health concerns in Nigeria, amid an upsurge in cholera and mpox cases countrywide, permeate the frontpages. 

Independent highlights why Ajaokuta Steel company has failed to take off in the last 40 years. The newspaper says Nigeria has recorded 34 cholera deaths and 1,307 suspected cases in recent times.
Guardian reports that Mele Kyari, ex-group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, and 13 former and serving executives of the nation’s oil company, are being investigated by the Economic and Financial Crimes Commission (EFCC). The newspaper says Nigeria reported 3 mpox-related deaths and 135 confirmed cases.
The Nation says President Bola Tinubu has told saboteurs that Nigeria will not bow to fear or terror. The newspaper reports that fresh defections have hit the PDP as board of trustees (BoT) members look set to jump ship.
Punch says N80 billion has been found in bank accounts of one of the managing directors of a refining and petrochemical company. The newspaper reports that Abdullahi Sule, governor of Nasarawa, said former President Muhammadu Buhari and members of the defunct Congress for Progressive Change (CPC) will not join any coalition aimed at defeating the ruling All Progressives Congress (APC) in 2027.
Daily Trust highlights how Plateau conflict cost herders over N300 million in two months. The newspaper says Meta has threatened to cut off Facebook in Nigeria over huge fines.
Vanguard says Hakeem Baba-Ahmed, former special adviser on political matters to Vice-President Kashim Shettima, has advised Tinubu and former vice-president Atiku Abubakar not to contest in the 2027 presidential election. The newspaper reports that a state of emergency looms in Benue, Zamfara over recent killings.
ThisDay reports that the Central Bank of Nigeria (CBN) recorded significant growth in its operating income in 2024, as it climbed to N15.23 trillion in 2024, from N5.89 trillion in 2023. The newspaper says Alex Otti, governor of Abia, has foreclosed the possibility of defecting to the ruling APC.

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