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Newspaper Headlines: 15 states enlist 50,000 vigilantes against kidnappers

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
February 2, 2024 7:00 am

Reports on the free fall of the naira against the dollar, and rising cases of kidnapping, suffuse the cover pages of Nigerian dailies.

The Punch reports that 15 state governors have assembled vigilante squads to battle gunmen, amid the rising insecurity in many parts of the country. The newspaper says the federal government has warned states and local governments to steer clear of the collection of royalties and taxes from licensed miners operating in their domains.
The Nation reports that the Central Bank of Nigeria (CBN) has accused commercial banks of hoarding over $5 billion in foreign currencies against the threshold approved by the apex bank. The newspaper says governors have called for the establishment of state police amid the spate of insecurity in the country.
Daily Trust reports that Nigerians have expressed concern over the rising prices of essential food items in the country. The newspaper says the military junta in Niger Republic has expelled several members of the European civilian reconstruction mission from the country.
THISDAY reports that Atiku Abubakar, former vice-president, has faulted the decision to put the Central Bank of Nigeria (CBN) in charge of proceeds from the sale of the country’s crude oil by the Nigerian National Petroleum Company Limited (NNPCL). The newspaper says Babajide Sanwo-Olu, governor of Lagos, said his administration had procured additional rolling stocks for the blue line and red line rail operations.
The Guardian reports that over 120 security checkpoints exist between Lagos to Aba in Abia state. The newspaper says bandits have abducted Aondoove Gwaza, a director at the Federal Housing Authority Mortgage Bank in the federal capital territory (FCT).

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