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Newspaper Headlines: Presidential jet still unsold four months after listing

Abdullah.Abdulsalam@thecable.ng'byAbdulsalam Abdullah
October 16, 2025 7:00 am

The dailies detail the International Monetary Fund’s (IMF) latest take on Nigeria’s economic reforms and the gale of defections in the political space. 

The Punch reports that the Boeing 737-700 presidential jet, listed for sale by the federal government, remains unsold nearly four months after it was uploaded on an international aircraft sales platform. The newspaper says former President Goodluck Jonathan has lamented the abandonment of key projects he initiated as governor of Bayelsa, blaming successive administrations for failing to sustain his development agenda.
Vanguard newspaper reports that Ayodele Fayose, former governor of Ekiti, says three more governors elected on the platform of the Peoples Democratic Party (PDP) are preparing to leave the opposition party. The paper adds that Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, says the wave of defections by some governors in the south-east does not translate to political control of the region.
The Nation reports that the Nigerian Electricity Regulatory Commission (NERC) has approved the disbursement of N28 billion to electricity distribution companies (DisCos) for the procurement and installation of meters under the Meter Acquisition Fund (MAF) tranche B scheme. The newspaper says Wale Edun, minister of finance and coordinating minister of the economy, was recently seen at the O’DA Art Gallery booth during the 1-54 Contemporary African Art Fair in London.
Daily Trust reports that India will host the 2030 Commonwealth Games after a keenly contested bid process that involved Nigeria. The newspaper says the PDP has been left with only eight governors in the wake of Douye Diri’s resignation from the party.
Nigerian Tribune reports that the Department of State Services (DSS) says it has arrested two dismissed officers who were allegedly using the name of the agency to defraud citizens. The newspaper says Obi has advised Joash Amupitan, the newly appointed chairman of the Independent National Electoral Commission (INEC), not to risk his reputation by failing to conduct credible elections.
New Telegraph reports that the National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate dropped to 18.02 percent in September 2025. The newspaper reports that Nyesom Wike, minister of the federal capital territory (FCT), says those who once accused him of destabilising the PDP are defecting to the ruling APC.
THISDAY reports that Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has reassured investors of Nigeria’s improving macroeconomic stability, disclosing that the foreign exchange market turnover has risen to $8.6 billion monthly in 2025. The newspaper also reports that Ben Murray-Bruce, former Bayelsa east senator, has resigned from the PDP.
The Guardian reports that the senate will on Thursday screen Amupitan, President Bola Tinubu’s nominee for chairman of INEC. The newspaper reports that Dikko Radda, Katsina governor, has reaffirmed that his administration is not negotiating with bandits, stressing that the state seeks only genuine and sustainable peace.
Daily Sun reports that the African Democratic Congress (ADC) says the recent defection of some governors to the APC confirms fears that the ruling party is determined to establish a one-party state in Nigeria. The newspaper says Anthony Sani, former secretary general of the Arewa Consultative Forum (ACF), has disagreed with the US government over claims of Christian genocide in Nigeria.
Blueprint newspaper reports that the Tories are almost evenly divided over the prospect of Kemi Badenoch leading the Conservatives into the next general election in the UK. The paper adds that the federal government has intensified efforts to accelerate judicial processes across the country, targeting a reduction in the number of inmates awaiting trial.

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