Nigerian Newspapers: 10 things you need to know Tuesday morning

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

1. The organized Labour and the Federal Government are on a collision course over the government’s failure to sustain the payment of N35,000 wage award to workers. Workers in the Federal Civil Service, in separate interviews with our correspondent on Monday, noted that the Federal Government only paid N35,000 wage award for September.

2. The Corporate Affairs Commission is set to delist 91,843 companies for failing to file their annual returns with it. In a list published on its website, the commission listed 91,843 companies for delisting (2,738 less than the 94,581 it initially published in August). This is still less than the initial 100,000 companies that CAC said it would remove in an earlier announcement.

3. The Federal Government, on Monday, said the naira redesign policy of the previous administration ran farmers bankrupt. The naira redesign issue came up at the National Assembly when the Minister of Agriculture and Food Security, Senator Abubakar Kyari, appeared for the defence of his ministry’s budget. The agriculture minister said the focus of the 2024 budgetary proposals for the sector was to achieve food security in the country.

4. A traditional ruler in Akpabuyo Local Government Area of Cross River State, Etiyin Maurice Edet, has been abducted by some gunmen, who invaded his residence on Sunday night. An aide to the traditional ruler was shot dead in the process. The spokesperson for the state police command, Irene Ugbo, confirmed the incident but said details were still sketchy as of press time.

5. The eight students of the Federal University of Lafia, Nasarawa State, kidnapped by some criminals, have regained their freedom. Confirming the release of the students to our correspondent on Monday, a community leader in Keana Local Government Area, Mr Spencer Jerry, said the students arrived in Kwarra village at about 8pm on Sunday.

6. No fewer than 27 out 32 members of the Rivers State Assembly on Monday defected from the ruling Peoples Democratic Party, PDP, to the All Progressives Congress, APC. The lawmakers announced their defection in a group photograph where they were seen holding APC flag.

7. The members of the Northern Regional Caucus of the House of Representatives have pledged N450 million worth of infrastructure to the victims of the drone attacks in Tudun Biri community, Igabi Local Government Area of Kaduna State. They announced the gesture on Monday when they visited Government House, Kaduna, to commiserate with the government over the recent bomb incident.

8. The Peoples Democratic Party, PDP, has demanded that the Independent National Electoral Commission, INEC, should immediately commence the process of conducting fresh elections into the 27 State Constituencies in Rivers State. This, the party said, was sequel to the vacancy created when “27 Rivers State lawmakers” willfully abandoned their seats by defecting to the All Progressives Congress, APC.

9. The naira appreciated by 27.16 per cent to close at N864.29/$ on the official Investors and Exporter window on Monday. This is as the daily turnover of the dollar surged by 86.83 per cent to $132.46m at the closing of trading from $70.90m last Friday.

10. Super Eagles and Napoli striker, Victor Osimhen, as well as Super Falcons’ forward, Asisat Oshoala won big at the 2023 CAF Awards, sweeping the men and women’s player of the year awards at the Palais des Congrès in Marrakech, Morocco on Monday. It’s the first time one country will produce winners of both awards.