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Nigerian newspapers summary : 10 things you need to know this Friday morning


Good morning! Here is today’s summary from Nigerian Newspapers:

1. Wife of a former National Chairman of the Peoples Democratic Party, Dr. Maryam Ali, has dumped the Peoples Democratic Party, PDP, for the All Progressives Congress, APC. Senator Ahmadu Ali’s wife made the declaration at a ceremony held at the APC national secretariat, in Abuja on Thursday.


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2. Mr. Mohammed Katu, the legal counsel for the former Chairman, Presidential Pension Reform Task Team, Mr. Abdulrasheed Maina, Thursday told the House of Representatives that his client was still receiving salaries despite the report that he had been dismissed from service. He disclosed that Maina did his job till October, attending to different files on his desk.

3. President Muhammadu Buhari on Thursday approved the appointment of a 30-member tripartite National Minimum Wage Committee to negotiation a new National Minimum Wage. The Committee will be inaugurated on Monday, 27th November, 2017 at the Council Chambers, Aso Rock Presidential Villa, State House, Abuja.

4. The House of Representatives has commenced its independent investigation into the circumstances surrounding the reinstatement and promotion of Abdulrasheed Maina, a former Chairman of the Presidential Pension Reform Task Force, into the federal civil service of Nigeria. The ad-hoc committee conducting the probe is headed by the member representing, Dala federal constituency of Kano State, Madaki Ali.

5. Nigerian government has announced plan to re-introduce tolls on roads across the country. Minister of Power, Works and Housing, Babatunde Fashola, said this at an interactive session with the Senate committee on Federal Roads Maintenance Agency, FERMA, on Thursday. Fashola said the new toll regime will be an improved adaptation of the past toll points.

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6. The Federal Government, yesterday announced that the late former Vice President, Dr. Alex Ekwueme, will be given a national burial. To this effect, the government has set up a committee headed by the Secretary to the Government of the Federation, SGF, Boss Mustapha and has also opened a condolence register at the State House, Abuja.

7. The Naira, Thursday, appreciated as it exchanged N360.27 per dollar in the Investor and Exporter (I&E) Foreign Exchange Window, even as the external reserves recorded a $123.8 million increase in nine days. Data from the Financial Market Dealers Quote, FMDQ, showed that the indicative exchange rate for the I & E Window, known as Nigerian Autonomous Foreign Exchange, NAFEX, appreciated to N360.27 per dollar.

8. The Federal Government has approved a fresh budget support loan to 35 states of the federation. The loan was announced by the Minister of Budget and Economic Planning, Udoma Udo Udoma, while briefing State House correspondents, after the National Economic Council, NEC, meeting, presided over by the Vice President, Prof. Yemi Osinbajo in Abuja yesterday. According to him, each of the 35 states will receive N800 million, while the total amount that will be received by the states would amount to N28 billion.

9. The Federal Government has said that it has employed over 200,000 people and plans to hire another 300,000 graduates in its N-Power project. The Vice-President, Yemi Osinbajo also said the government would use part of the N500bn social investment scheme to provide credit to at least one million entrepreneurs, market women and artisans under the Government Enterprise and Empowerment Programme.


10.The Nigerian government has said it’s now in possession of names of 500 Nigerians implicated in tax fraud. Laolu Akande, Senior Special Assistant on Media and Publicity to the Vice President made this known in a statement. It revealed that those implicated have properties property and trusts abroad.

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