Reports on the leadership crisis in the Labour Party (LP) and the plan to resume the naira-for-crude oil policy perfuse the frontpages.
The Punch reports that oil marketers have said Nigerians will soon heave a sigh of relief as the pump price of petrol will drastically reduce due to the continuation of the naira-for-crude oil deal by the federal government. The newspaper says the Labour Party (LP) has been divided into three factions after Lamidi Apapa declared himself as the national chairman.Daily Trust reports that the federal government has expressed concern that human traffickers are increasingly using digital platforms to lure and exploit victims. The newspaper says concerns over the potential exit of the Congress for Progressive Change (CPC) bloc from the All Progressives Congress (APC) have been amplified following a recent meeting between former President Muhammadu Buhari and APC governors.The Nation reports that protests over the proposed re-delineation of ward by the Independent National Electoral Commission (INEC) across multiple communities in Warri area of Delta state led to the shutdown of a major oil facility in Ugborodo, Warri south-west LGA of the state. The newspaper says US President Donald Trump has ordered a suspension of tariffs for most nations for 90 days.Nigerian Tribune reports that Ibok-Ete Ibas, the sole administrator of Rivers, has come under fire for appointing LGA administrators in the state despite a court order. The newspaper says the Central Bank of Nigeria (CBN) has announced a balance of payments (BoP) surplus of $6.83 billion for the 2024 financial year.