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Newspaper Headlines: Petrol scarcity grounds economic activities across Nigeria

Newspaper Headlines: Petrol scarcity grounds economic activities across Nigeria
February 17
06:10 2022

Reports on petrol scarcity and the importation of off-spec petrol into the country dominated the headlines of Nigerian newspapers.

The Nation reports that Lagos state government will prosecute Fourscore Homes, the firm behind the 21-storey building that collapsed in Ikoyi on November 1, 2021. The newspaper says stakeholders in the All Progressives Congress (APC) have zoned the national chairmanship to the north-central.

The Punch reports that petrol scarcity has paralysed activities in many states as queues persist in filling stations. The newspaper says loyalists of Rauf Aregbesola, minister of interior, staged a protest against the alleged bias of Wale Olokode, Osun commissioner of police, in the mayhem that occurred in the state.

Daily Trust reports that there are attempts by top officers in the police to shield Abba Kyari, suspended deputy commissioner of police, from probe. The newspaper says the Nigerian National Petroleum Company (NNPC) has apologised to Nigerians on the lingering petrol scarcity.

The Guardian says despite the ban on cryptocurrency transactions by the Central Bank of Nigeria (CBN), young Nigerians are still trading crypto assets. The National Drug Law Enforcement Agency (NDLEA) said its officers were not involved in the drug deal that led to the arrest of Kyari, the newspaper reports.

Daily Independent says Mele Kyari, group managing director of the Nigerian National Petroleum Company (NNPC), said it has filed liquidated damages against importers of off-spec petrol. The newspaper says gunmen killed eight persons in a cattle market in Abia state.

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