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Newspaper Headlines: Airlines consider fare adjustment amid naira depreciation

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
September 27, 2021 7:35 am

The comments of Kayode Fayemi, governor of Ekiti state, on the implementation of the anti-open grazing law enacted by southern governors appeared on the headlines of Nigerian newspapers.

The Guardian reports that the increase in crude oil prices may not translate into increase in revenue owing to theft and vandalism. The newspaper says Fayemi said he does not see any problem with the implementation of the anti-open grazing law.
Daily Independent reports that the Central Bank of Nigeria (CBN) may tackle the forex crisis with naira devaluation and rate hike. The newspaper says airlines are considering fare adjustment owing to the depreciation of naira.
The Punch reports that inbound travellers are giving bribes to officials to evade COVID-19 tests. The newspaper says the federal government has placed 3,964 Nigerians on watch list with their passports suspended.
The Nation says the zoning of the Peoples Democratic Party (PDP) national executive positions may tear the party apart. The newspaper reports that manufacturers and service-based companies have started remitting their value-added tax to the Federal Inland Revenue Service (FIRS).
THISDAY reports that ahead of the October launch, the website of the eNaira, the digital currency of the CBN, has gone live. The newspaper says bandits have freed another batch of 10 Bethel Baptist students as 11 are still in captivity.

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