Nigerian Newspapers: Top 10 Business Stories Set Off Your Thursday

Top 10 stories From Nigerian Newspapers Today, 11th April 2023

1 year ago
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Here are the top 10 stories from Nigerian daily newspapers for today, 11th April 2023 on Politics, business, entertainment and economy.

1. Arrest Lai Mohammed Over Fake News Against Obi – Edwin Clark

Leader of the Pan Niger Delta Forum (PANDEF), Edwin Clark, has called for the arrest and prosecution of Minister of Information and Culture, Lai Mohammed, for spreading what he called fake news against the presidential candidate of the Labour Party (LP), Peter Obi.

Clark, a former federal commissioner for information and leader of Southern and Middle Belt Leaders Forum (SMBLF), accused Lai Mohammed of using his position to cause confusion in the polity instead of uniting the country as an image maker which his job ought to be.

2.  Subsidy Removal: Oil Marketers Want N250bn Loan To Build 30,000 Gas Stations 

Ahead of the June 2023 proposed removal of subsidy on fuel, the  Independent Petroleum Marketers Association of Nigeria (IPMAN)  has written to the Federal Government over their proposal to build about 30,000 gas stations to cushion the effects of the subsidy removal.

The oil marketers in a letter signed by the IPMAN national president, Chinedu Okonkwo and addressed to the finance minister, are also asking the Federal Government to make the Central Bank of Nigeria release the N250bn intervention fund for the National Gas Expansion Programme as loans to vehicle owners to acquire gas conversion kit

Nigerians are currently counting down to the June 2023 projected date for subsidy removal, as the call for palliatives to ameliorate the impact of the halt in subsidy is gaining momentum.

3. World Bank To Advocate Debt Restructuring for Developing Countries

The World Bank alongside the International Monetary Fund (IMF) will present concrete proposals to address some of the biggest restructuring roadblocks at the ongoing Spring Meetings, President David Malpass said.

4. Brain Drain: UK Suspends Active Recruitment Of Nigeria Health Workers, Others

The United Kingdom has suspended the “active recruitment” of skilled and experienced health and social care personnel from Nigeria and 53 other countries globally. Read more

5. NMA Seeks Better Environment For Doctors to Operate

Nigerian doctors have called on governments at all levels to create a conducive environment for them to practice in the country instead of celebrating United Kingdom’s restriction on their employment and planning legislation against their migration.

The medical experts said that the rising number of their colleagues leaving the country could be drastically reduced if the Federal, state and local governments could make “the pasture in the health sector green” like political offices.

6. Nigerian Unemployment Rate To Hit 41% in 2023 -KPMG

KPMG has stated that the Nigerian unemployment rate had increased to 37.7per cent in 2022 and will further rise to 40.6per cent, due to the continuing inflow of job seekers into the job market.

7. Controversy Trails Peak Milk Easter Advert, As CAN Kicks 

Peak Milk manufacturer, FrieslandCampina WAMCO Nigeria Plc, has apologised to the Christian Association of Nigeria (CAN) for using the crucifixion of Jesus Christ as a metaphor to promote their product on Good Friday, stating that the social media advertisement has been removed. Read more

8. APC Chieftain Kicks Against Muslim Senate President for 10th National Assembly

A chieftain of the All Progressives Congress (APC), Salihu Lukman, has said that any Muslim aspiring to be the Senate president of the 10th National Assembly does not respect the country’s constitution and the party.

Lukman, who is the APC vice-chairman in the north-west, argued that since the president-elect and the vice-president-elect are both of Muslim religion, the Senate president should be a Christian. Read more

9. Senate Demands Refund Of N19bn Illegally Paid To MDAs By DMO

The Nigerian Senate has demanded a refund of N19 billion paid by the Budget Management Office (DMO) to four ministries, departments and agencies (MDAs) without the approval of the Minister of Finance. Read more

10. 2023 Polls: Obidient Family Should See Attacks As Sacrifice to Rescue Nigeria – Obi

Presidential Candidate of the Labour Party in the 25th February election, Mr Peter Obi,  has urged his supporters known as Obidients to see the “incessant attacks on them” as a huge sacrifice needed for a new Nigeria.

 

Victor Ezeja is a passionate journalist with six years of experience writing on economy, politics and energy. He holds a Masters degree in Mass Communication.


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