Good day, good citizens of Nigeria. Here are headlines from Nigerian Newspapers that may interest you today, Friday, September 2, 2022.
1. NNPC can’t justify N6.34tn petrol subsidy – Customs [Punch Newspaper]
The Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (retd.), has stated that the Nigerian National Petroleum Company Limited (formerly Nigerian National Petroleum Corporation) cannot justify the volume of Premium Motor Spirit (petrol) being consumed in the country daily to warrant the over N6.34tn subsidy payment on the commodity annually.
Ali, in his presentation to the House of Representatives’ Committee on Finance at the continued hearing on the proposed 2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper in Abuja on Thursday, argued that the NNPC cannot scientifically prove the 98 million litres/day consumption it was claiming, alleging that the nation’s oil company was supplying an excess of 38 million litres of PMS daily.
2. PDP Crisis Worsens As Wike Insists On Ayu’s Resignation [Daily Trust Newspaper]
The crisis rocking the Peoples Democratic Party (PDP) worsened Thursday as the Rivers State governor, Nyesom Wike, insisted that the National Chairman of the party, Senator Iyorchia Ayu must resign.
Wike’s statement came 24 hours after Ayu lashed those calling for his resignation, describing them as kids. Read more.
3. N11bn stolen from Kwara treasury between 2011, 2019 – Forensic Audit reveals [NewsWireNGR]
A forensic audit report on Thursday said that about N11.9 billion of public funds were carted away from the treasury of the Kwara state between 2011 and 2019 without any lawful tie to any project or programme.
The report also revealed other mind-boggling revelations of alleged malfeasance within the period.
The audit also showed that N2bn cash withdrawals not tied to any project or official expenditure were made within eight days in February 2019, barely one month to the general elections. Read more.
4. President appoints First Lady, Aisha Buhari’s Brother as Managing Director, Nigerian security printing and minting company [NewsWireNGR]
President Muhammadu Buhari has approved the appointment of Ahmed Halilu as the Managing Director of Nigerian Security Printing and Minting Company, NSPMC Plc, DAILY NIGERIAN reports.
Halilu, an elder brother of First Lady Aisha Buhari, is heading the company in an acting capacity following the resignation of Abbas Masanawa on May 16. Read more.
5. Outrage as Nigerian passport costs N25,000 in the south and N10,750 for the North [NewsWireNGR]
There is a massive discrepancy in the federal government (FG) charges for passports in the Southern part of Nigeria compared to the North.
A check at the Nigeria Immigration Service (NIS) website revealed that the passport costs as much as N25,000 in Southern states like Abia, while processing from Northern states like Yola costs N10,750 for the same 32 booklets. Read more.
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