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Newspaper Headlines: FG borrowed N1.3trn in four years to subsidise electricity

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
June 17, 2021 8:12 am
Newspaper headlines Newspaper headlines

The removal of polling units from churches, shrines, mosques, and palaces and the announcement of election dates by the Independent National Electoral Commission (INEC) dominated the headlines of Nigerian newspapers.

The Punch says the federal government borrowed N1.3 trillion in four years to subsidise consumers and firms, as contained in a World Bank report on power. The newspaper reports that five persons were burnt to death as a diesel-laden tanker exploded in Ogun.
The Nation says the release of the governorship elections timetable by the INEC in Ekiti and Osun states. The newspaper reports that the presidency has accused the governors of the Peoples Democratic Party (PDP) of seeking more cash to embezzle.
The Guardian says the plan of the federal government to sell the Transmission Company of Nigeria (TCN) to complete the privatisation of the power sector has raised concerns. The newspaper says the World Health Organisation (WHO) has traced the recent monkeypox outbreak in the UK to Delta state.
Daily Independent says the insurance sector has lost N1 trillion to oil and gas underwriting. The newspaper reports that the federal government has sought to regulate internet broadcasting and social media.
Nigerian Tribune reports INEC has removed 749 polling units from palaces, mosques, churches and shrines. A report of the Universal Basic Education Commission (UBEC) says Nigeria is short of 43,456 classrooms.
Daily Sun reports that gunmen set ablaze the home of Ekene Nnodimele, a lawmaker in Imo state house of assembly, after beheading his guard. The newspaper says a magistrate court sitting in Lagos has denied Baba Ijesha, the Nollywood actor, bail in the ongoing trial over alleged sexual assault.

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