Nigerian Newspapers: 10 things you need to know Monday morning

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

1. The Presidency has said the present economic crisis being experienced by Nigerians is caused by previous administrations, and not the Present government. Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, said this in a statement issued in reaction to a piece on the Nigerian economy published by the New York Times.

2. Sultan of Sokoto, Muhammadu Sa’ad Abubakar, has called on governments at all levels to do more to address the current hardship in the country. In his Sallah sermon shortly after observing the two units Eid prayer at the Fakon Idi, the monarch said Nigeria is grappling with a lot of challenges, while its citizens are facing untold hardship.

3. President Bola Ahmed Tinubu yesterday said Nigeria needs sacrificing citizens to fulfil the dreams of its founding fathers. The President stated this while addressing journalists after observing the Eid-el-Kabir prayers at Dodan Barracks, Lagos.

4. A Special account with a $2.9 billion deposit has been created by the Central Bank of Nigeria (CBN) to stabilise the foreign exchange (forex) market. The apex bank, which identified the special account as Gazelle Funding Account, dropped the hint during the last Federation Account Allocation Committee (FAAC) meeting.

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5. Lagos State Police Command has begun an investigation to unravel the circumstances surrounding the death of a businessman, Onyejekwe Izuchukwu, whose remains were found in a hotel room in the Ikoyi area of the state. It was gathered that Izuchukwu, who was based in Texas, USA, returned to Nigeria for some business dealings when the tragedy that claimed his life struck on June 9, 2024.

6. Ondo State Police Command on Sunday said it had begun an investigation into the circumstances that led to the death of a man and his girlfriend in the state. A middle-aged man identified as Eric and his yet-to-be-identified girlfriend were reportedly found dead at a new apartment located in the Ayeyemi area of Ondo State, on Thursday.

7. The Special Offences Court sitting in Ikeja, Lagos State, has sentenced two men, Ugwu Chijioke and Ibrahim Adekunle, to 46 years combined jail term for impersonating operatives of the Economic and Financial Crimes Commission and executing a fake court order. This is according to a statement by the EFCC on its Facebook page on Sunday.

8. No fewer than six persons have been reportedly killed with more than 100 persons also abducted as suspected gunmen attacked a community in Sokoto State in the early hours of Sunday. The police in Sokoto, through their spokesman, Ahmed Rufai, confirmed the killing of over six persons and abduction of scores of residents at Tudun Doki, Gwadabawa Local Government Area of Sokoto.

9. Operatives of the National Drug Law Enforcement Agency have arrested two siblings in Abia, recovering cocaine and methamphetamine consignments worth over N4.1bn. The siblings identified as Kelechi Nwaobasi and Chinwe Nwaobasi were arrested during a special investigation conducted between June 13 and 14, 2024.

10. The police in the FCT have arrested a man, Muhammad Kabir, for allegedly trying to kidnap his neighbour, Abdulwahab Yusuf, at the Shagari Quarters in Zuba in Gwagwalada Area Council. It was gathered that the suspect came to the area from Kogi State some months ago and along with three others was squatting in the community’s central mosque with no specific work apart from soliciting alms.