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Newspaper Headlines: Nigerians resort to charcoal, firewood amid rising cooking gas price

Newspaper Headlines: Nigerians resort to charcoal, firewood amid rising cooking gas price
February 19
06:20 2024

Reports on the high cost of living in the country and the two-day nationwide protest declared by organised labour, dominate the cover pages of Nigerian newspapers.

The Punch reports that police authorities have said they would not condone any form of violence during the planned two-day protest declared by organised labour against the high cost of living in the country. The newspaper says the Nigeria Customs Service has intercepted 15 trailers that were fully loaded with food items and were heading out of the country through the Sokoto state border.

Daily Trust reports that Nigerians have resorted to charcoal and firewood as the cost of cooking gas continues to skyrocket. The newspaper says the depreciation of the naira has caused a reduction in the active fleet of domestic airlines in the country.

The Guardian reports that the unstable foreign exchange rate of the naira and Nigeria’s inflation rate are causing pain for families and companies owing to the rising price of items in the country.

THISDAY reports that Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), said the country’s economy has a positive outlook with the recent inflow of $1.8 billion. The newspaper says Oluchi Oparah, the national treasurer of the Labour Party (LP), has asked the court to compel the Economic and Financial Crimes Commission (EFCC) to investigate Julius Abure, the national chairman.

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