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Newspaper Headlines: Nigeria’s car import market rebounds, hits N1trn in nine months

Allegations from Aliko Dangote against Farouk Ahmed, chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), dominate the headlines.

The Punch reports that Nigeria’s car import market rebounded strongly in 2025 as relative stability in the foreign exchange market eased pressure on dealers and buyers. The newspaper says a fresh leadership crisis has erupted in the Labour Party, deepening the rift within the camp aligned with Peter Obi, former presidential candidate, and Alex Otti, governor of Abia state, following the sack of the Nenadi Usman–led interim national working committee (NWC) by the party’s board of trustees.
Vanguard reports that Bello Turji, the notorious bandit leader, has accused two former northern governors of fuelling insecurity in the country, especially in the north. The newspaper says Dangote, chairman of the Dangote Industries Limited, has called for the investigation and prosecution of Farouk Ahmed over alleged corruption.
Daily Trust reports that the federal government’s bid to relocate the Bank of Industry (BoI) headquarters to Eko Atlantic City in Lagos is raising questions.
THISDAY reports that the Federal Inland Revenue Service (FIRS) has clarified that a memorandum of understanding (MoU) it signed recently with the French tax authority, Direction Générale des Finances Publiques (DGFiP), focused solely on technical assistance and capacity building.

 

The Guardian reports that some former ministers under the administration of former President Muhammadu Buhari are currently facing trial over allegations of fraud. The newspaper says the federal government has banned student transfer into SS3 classes across all public and private secondary schools.

 

The Nation reports that the federal government would make 2,000 tractors available to farms across the country in January 2026. The newspaper says the presidency and opposition parties have clashed over allegations that the Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices and Other Related Offences Commission (ICPC) are tools of political witch-hunt.

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