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Newspaper Headlines: Prices of bread may go up as bakers lament energy crisis, rising forex rates

Newspaper Headlines: Prices of bread may go up as bakers lament energy crisis, rising forex rates
March 28
07:54 2022

Reports on the aftermath of Saturday’s national convention of the All Progressives Congress (APC) dominated the cover pages of Nigerian newspapers.

The Punch reports that the APC has inaugurated an appeal committee to review concerns regarding the party’s national convention. Bakers under the aegis of the Premium Bread Makers Association of Nigeria have bemoaned the rising energy costs and increasing foreign exchange rates, the newspaper says.

Daily Independent reports that inadequate revenue collection is affecting Nigeria’s ability to service its debts. The newspaper says Nyesom Wike, governor of Rivers, has declared his interest to contest for the 2023 presidency.

The Nation says President Muhammadu Buhari has commended the APC for the success of its March 26 national convention. The newspaper reports that south-east stakeholders in the Peoples Democratic Party (PDP) have okayed the zoning of the party’s presidential ticket to the south.

The Guardian says stakeholders in the oil sector have lamented the trend of crude oil theft in Nigeria. The newspaper reports that the joint action committee (JAC) of the Senior Staff Association of Nigerian Universities (SSANU) and Non-Academic Staff Union (NASU) have commenced a two-week warning strike.

The Nigerian Tribune says the Central Bank of Nigeria has disclosed that Nigeria spent $28.56 billion on foreign education in 10 years. The newspaper reports that four persons were killed when robbers raided five points of sale terminals in Ibadan, Oyo state, on Friday.

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