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Newspaper Headlines: N13trn spent on petrol subsidy in 16 years, says FG

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
May 16, 2023 7:45 am

The warning against the disruption of the May 29 inauguration, the resident doctors’ warning strike, and the detention of Seun Kuti over the assault of a police officer dominated the cover pages of Nigerian newspapers.

The Punch says the military and Usman Baba, inspector-general of police, have read the riot act to individuals and groups opposed to the inauguration of Bola Tinubu, president-elect, on May 29. The newspaper reports that the Nigerian Association of Resident Doctors (NARD) has declared a five-day warning strike following the failure of the federal government to meet its demands.
The Nation reports that the federal government disclosed that Nigeria spent over N13 trillion on payment of petrol subsidy between 2005 and 2021. The newspaper says data released by the National Bureau of Statistics (NBS) showed that the country’s inflation rate rose to 22.22 percent in April 2023.
Daily Independent says Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), has expressed concern over Nigeria’s rising debt profile and burden of debt servicing. The newspaper reports that the United States government has imposed a visa ban on Nigerians who disrupted the 2023 elections.
The Guardian reports that the national grid has collapsed for the 99th time under the administration of President Muhammadu Buhari. The newspaper says the federal government has kicked against the bill seeking to mandate medical and dental practitioners to practice for five years in Nigeria before relocating abroad.
Vanguard reports that governors of the north-central geopolitical zone have rejected the zoning of the 10th national assembly leadership positions by the All Progressives Congress (APC). The newspaper says Bello Matawalle, governor of Zamfara, has asked Buhari to cancel the study leave allegedly granted to Godwin Emefiele, governor of the Central Bank of Nigeria (CBN).

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