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Newspaper Headlines: Cash outside banks hits N4.29trn as CBN reads riot act over naira scarcity

byAyomikunle Daramola
December 15, 2024 7:49 am

Reports on the scarcity of naira notes in consecutive yuletide seasons suffuse the frontpages. 

Punch reports that the Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked for a reduction in the price of petrol across the country. The newspaper details how governors continue to revel in luxurious convoys despite the economic crisis in Nigeria.
Tribune says the federal government has dumped concrete for asphalt in the construction of the Abuja-Kano road. The newspaper reports that Mahmood Yakubu, chairman of the Independent National Electoral Commission (INEC), has dismissed rumours of his death.
Independent says Yakubu Dogara, former speaker of the house of representatives, has praised President Bola Tinubu for the tax reform bills and financial autonomy for local governments. The newspaper says four persons were killed in Ezza-Ezeku­-na community of Ado LGA of Benue by gunmen allegedly from Effium communi­ty in Ohaukwu LGA of Ebonyi state.
Guardian reports that Hyacinth Alia, governor of Benue, has donated 100 vehicles and 600 motorcycles to a new security outfit. The newspaper says the National Agency for Food and Drug Administration and Control (NAFDAC) has reaffirmed its commitment to protecting Nigerians from counterfeit and substandard pharmaceutical products.

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