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Newspaper Headlines: Nigeria’s exports hindered by clogged ports, and FG loses $5.7bn to shoddy concessions

Newspaper Headlines: Nigeria’s exports hindered by clogged ports, and FG loses $5.7bn to shoddy concessions
March 24
09:25 2021

The comments made by Samuel Ortom, governor of Benue state, after meeting with President Muhammadu Buhari dominated the headlines of Nigeria newspapers on Wednesday. The report that protesting parliamentary workers across the nation demand financial autonomy for state assemblies also appeared on the headlines.

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The Nation says an ex-military chief said troops fighting Boko Haram lack adequate equipment. The newspaper reports that Lagos, Ogun and Bauchi states top Nigeria’s COVID-19 vaccination chart.

The Punch reports the comment of Ortom that the 2023 general election may not take place if the country’s current security challenges are not addressed. The newspaper says the All Progressives Congress (APC) said it will rule the country for 32 years.

The Nigerian Tribune says some members of the house of representatives alleged that Nigeria lost $5.7 billion in public assets concessioned under public-private-projects (PPP) in the past few years. On party politics, the newspaper reports that the petition against supreme court justices on the Imo north senatorial bye-election triggered controversy between the two major political parties  — APC and PDP.

Business Day says clogged ports adversely affects Nigeria’s exports. The newspaper also reports that in 2020, Nigeria spent the lowest in six years servicing treasury bills.

The Guardian as its cover story says the ministry of finance, budget and national planning and the Central Bank of Nigeria (CBN) denied a move to liberalise the foreign exchange market. The newspaper says gunmen killed three policemen at a checkpoint in Abia state and carted away two rifles.

Ortom told Buhari that the country is sitting on a keg of gunpowder, Daily Independent reports. The newspaper reports that parliamentary workers halted legislative business nationwide on Tuesday over non-implementation of financial autonomy for state assemblies.

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