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Newspaper Headlines: FG investigates theft in $1.1bn oil well

The decision of the Central Bank of Nigeria (CBN) to comply with the verdict of the supreme court on the validity of old naira notes dominated the cover pages of Nigerian newspapers.

The Punch reports that Godwin Emefiele, CBN governor, has bowed to pressure by ordering commercial banks to comply with the verdict of the supreme court on the validity of old naira notes. The newspaper says Kashim Shettima, vice president-elect, said Bola Tinubu, President-elect, does not have a preferred candidate for the national assembly leadership.
The Nation says the appeal court has reserved judgment in an appeal filed by Ademola Adeleke challenging his sack as Osun state governor. The newspaper reports that the Independent National Electoral Commission (INEC) has assured political parties that the umpire will allow them to have access to all documents used for the conduct of the presidential and national assembly elections.
Daily Trust identifies seven states that are potential hotspots of violence for the March 18 governorship and state assembly elections. The newspaper reports that a fire has razed 100 shops and stores in the Singa market, Kano state.
THISDAY reports that the presidency said the February 25 election is better than past elections in Nigeria. The newspaper says Peter Obi, presidential candidate of the Labour Party, has responded to calls from church leaders and some elder statesmen that he should not contest the outcome of the 2023 presidential election as it was God’s will for Tinubu to emerge.
The Guardian says the LP legal team said Gbadebo Rhodes-Vivour, governorship candidate of the party in Lagos, remains the authentic candidate of the party. The newspaper reports that the World Bank has identified Borno and Yobe states as areas where food insecurity could deteriorate to a crisis condition in the next three months.

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