Newspaper Headlines: Petrol may hit N800 per litre when subsidy is removed, say marketers

The Punch reports that banks are battling a shortage of redesigned naira notes ahead of the phase-out of the old bills. The newspaper says oil marketers said the petrol price would hit N800/litre once subsidy is removed.

Daily Trust says millions of Nigerians are yet to exit the estimated electricity billing arrangement owing to the high cost of meters. The newspaper reports that 34 persons have died from diphtheria as Kano state recorded 100 infections.

Daily Independent reports that inflation and job loss have deflated pension yields despite growth. The newspaper says unbanked Nigerians residing in rural communities may lose out on the deadline for the phase-out of the old naira notes.

THISDAY reports that the Police Service Commission (PSC) said posting of police commissioners by the inspector-general of police without its clearance is unconstitutional. The newspaper says Tonye Cole, governorship candidate of the All Progressives Congress (APC), has asked President Muhammadu Buhari to declare a state of emergency in Rivers state.

The Nation reports that Yahaya Bello, governor of Kogi, said his support for the candidacy of Bola Tinubu, APC flagbearer, is unshaken. The newspaper says Buhari is expected to commission the deep sea port and Lagos rice mill in Imota, on Tuesday.