Newspaper Headlines: Tinubu to meet governors today over economic hardship
Reports on the economic hardship confronting millions of Nigerians, suffuse the front pages of the dailies.
The Punch reports that President Bola Tinubu will today meet with state governors to proffer solutions to the economic crisis in the country. The newspaper says the Debt Management Office (DMO) said the federal government is seeking to raise N2.5 trillion in its second FGN bonds auction of the year.
Daily Trust reports that Muhammad Abubakar, the Sultan of Sokoto, said Nigeria is sitting on a keg of gunpowder over the rising cost of living. The newspaper says 60 members of the house of representatives are proposing a bill that seeks to return Nigeria to a parliamentary system of government.
THISDAY reports that Babajide Sanwo-Olu, governor of Lagos, has asked the business community in the United Kingdom to consider the state as a destination of choice for their investments. The newspaper reports Tinubu as saying that the student loan scheme would take off within the next two weeks.
The Guardian reports that Nigeria is paying about N907.5 billion on petrol subsidy as the depreciation of the naira has pushed the actual cost of the product to N1,202. The newspaper says Nyesom Wike, minister of the federal capital territory (FCT), has placed a N20 million bounty on three wanted kidnappers in Abuja.
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