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Newspaper Headlines: Ondo speaker asks Aiyedatiwa to sign undated resignation letter

Reports on the loan request of the federal government, and the trial of Godwin Emefiele, dominate the cover pages of Nigerian newspapers.

The Nation reports that Olamide Oladiji, speaker of the Ondo house of assembly, said Lucky Aiyedatiwa, deputy governor of the state, is expected to sign an undated resignation letter. The newspaper says Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), is yet to perfect his bail conditions.
The Guardian reports that Akinwunmi Adesina, president of the African Development Bank (AfDB), has urged African governments to stop securing loans backed by their natural resources. The newspaper says retirees under the aegis of the Nigeria Union of Pensioners (NUP), have lamented the recent removal of fuel subsidy, which they said had brought about untold hardship and suffering.
The Punch reports that the federal government has backed the banking sector consolidation initiative of the Central Bank of Nigeria (CBN). The newspaper says suspected Boko Haram terrorists have ambushed and beheaded no fewer than 11 loggers in the Damboa LGA of Borno state.
Daily Trust reports that President Bola Ahmed Tinubu has sought the senate approval to borrow $8,699,168,559 and €100 million to execute critical projects across the country. The newspaper says rising operating costs in Nigeria might have forced the country’s telecom operators to reduce the value of internet data as subscribers complain of fast data depletion rate.
THISDAY reports that President Bola Tinubu has assured Nigerians that the present hardship is temporary and that the benefits will be permanent. The newspaper says the court of appeal has affirmed Siminalayi Fubara and Kefas Agbu as governor of Rivers and Taraba states, respectively.

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