Major Headlines in Newspapers Today

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247newsnaija- nigerian newspapers

Some of the major headlines in select Nigerian newspapers for today,January 5,2016

Oil slump: Buhari meets IMF boss, Lagarde today-PUNCH

The Managing Director, International Monetary Fund, Ms Christine Lagarde, on Monday arrived Abuja on a four-day working visit and has been scheduled to meet President Muhammadu Buhari to discuss some of the challenges facing the Nigerian economy.

The Nigerian economy is currently facing fiscal and monetary challenges such as the drop in global oil price, which has impacted negatively on the country’s revenue, weak external reserves, and increased pressure on the naira in the foreign exchange market, among others.Read more here

EFCC to quiz Metuh over N1.4b in firm’s account-THE NATION

Economic and Financial Crimes Commission (EFCC) detectives probing the $2.1 billion arms contracts have traced N1.4billion to the account of a company allegedly linked with Peoples Democratic Party(PDP) spokesman  Olisa Metuh.

There were indications yesterday that the account of the company, Destra Investment Limited, may be frozen when the ongoing probe gets to a “convenient bend”.

The anti-graft commission has placed the activities of the company and its bank transactions under surveillance.

The Department of State Service (DSS) has also invited Metuh for interaction on some issues.Read more here

Mbaka’s Prophesy: ‘We’ll shutdown Nigeria if anything ugly happens to Buhari’-VANGUARD

FOLLOWING Rev. Father Ejike Mbaka’s prediction of possible assassination plot against President Muhammadu Buhari, a group, Buhari South-East Youth Movement, BSEYM, has threatened to shut down the country if anything ugly happens to the President.

In a statement in Umuahia, Abia State by its leader, Mr. Nwabueze Onwuneme, the group expressed its support for President Buhari’s anti-corruption war.The group advised anyone or group with such evil plan to have a rethink “because such will spell doom for not just the country.”Read more here


Drama as Dalung inspects National Stadium-THE SUN

IT was drama galore yesterday as the Minister of Youths and Sports, Solomon Dalung inspected facilities at the National Stadium, Surulere, Lagos.

From the Games Village Surulere, the swimming pool section inside the National Stadium, his office at the Mainbowl, Dalung expressed shock at the level of decay and rot tional Sports Commission officials on ground, Dalung meticulously went round the facilities throwing questions at the officials who became jittery at the manner in which the Minis- ter asked for clarifications.

At the office designated for the Minister, Dalung chided the NSC officials who did not deem it fit to rid the office of rodents, cobwebs and dusts.Read more here

Fuel scarcity lingers as marketers lobby at depots-THE GUARDIAN

A PALL of continued fuel scarcity hung over the nation yesterday as petroleum marketers found it difficult purchasing the product for their filling stations. They thronged the depots at Apapa, engaging in intensive lobbying for the supply of fuel.

The Guardian learnt that some of the depot owners held an emergency meeting early yesterday over the development.

Meanwhile, the Premium Motor Spirit (PMS) still sells between N110 and N130 at some filling stations across the country, with the level of compliance to the official pump price of N86.50k at the barest minimum.

 Irked by the lingering situation, consumers in Enugu and Anambra states have flayed the Department of Petroleum Resources (DPR) for allegedly under-regulating the industry.Read more here is your one-stop online news magazine blog. We report credible information as they happen. Follow us on Facebook and Twitter to get Latest Information.
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