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Newspaper Headlines: Cost of food items soars in the south and panic over possible fuel hike

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
March 1, 2021 9:07 am

Issues on the abduction of 317 students of Government Girls Secondary School, Jangede, Zamfara state, dominated the headlines of many Nigerian newspapers. Bello Matawalle, governor of the state, said the abducted schoolgirls will be released soon. The fuel queues resurfacing in many parts of the country owing to a possible hike in petrol price also made the headlines.

The Nation leads with the comment of Zamfara governor that the state is negotiating the release of the Jangede schoolgirls through ex-bandits. The newspaper says the Christian Association of Nigeria (CAN) opposed talks with the abductors of the schoolgirls. The newspaper also reports that President Muhammadu Buhari has directed the Federal Inland Revenue Service (FIRS) to remit the levy on turnover of commercial companies to the National Agency for Science and Engineering Infrastructure (NASENI).
The Punch reports the circumstances surrounding the abduction of the Jangede schoolgirls. The Zamfara governor said Nigerians will be shocked to know those behind the abduction. The newspaper reports that the scarcity of petrol worsened in some parts of the country on Sunday amid the speculation of an increase in petrol pump price.
The Guardian reports that a new loan benchmark may trigger an asset bubble in banks. The newspaper reports that there are mounting concerns over the increase in banks’ toxic assets and the potential bubble from loan to deposit ratio (LDR). The newspaper also reports that the federal government said Nigeria will receive COVID-19 vaccines on Tuesday.
On the Jangede abductions, Daily Sun says confusion trailed the fate of the schoolgirls. Zamfara state government asked Nigerians to disregard any news regarding the release of the schoolgirls, while Attahiru Ahmed, Emir of Anka, blamed the federal government for the abduction. The newspaper also reports that there is growing tension in the national assembly over alleged illegal and lopsided promotion of over 150 staff.
The Nigerian Tribune as its cover story reports that the Pope prayed for the release of the Jangede schoolgirls, and that Buhari assured Nigerians the abduction will be the last. The newspaper also reports that Femi Falana, human rights lawyer, said more Nigerians will demand the resignation of Buhari over the arrest of Salisu Tanko Yakasai, former media aide of Abdullahi Ganduje, governor of Kano state.
Daily Trust says beef scarcity and high cost of food items have hit some states in the south owing to the strike embarked upon by cattle and foodstuff dealers association. The newspaper also reports that bandits killed 10 persons in Kaduna and Sokoto states at the weekend.

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