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Newspaper Headlines: NLC, TUC reject Tinubu’s N500bn subsidy palliative proposal

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
July 13, 2023 7:30 am

Reports on the N500 billion palliative proposed by President Bola Tinubu to cushion the effects of the petrol subsidy removal, dominate the cover pages of Nigerian newspapers.

The Punch reports that the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have rejected the N500 billion palliative proposed by President Bola Tinubu, saying it is grossly inadequate. The newspaper says Taoreed Lagbaja, chief of army staff, has ordered troops to seize control of areas where the Indigenous People of Biafra (IPOB) enforce their sit-at-home order throughout the south-east states.
The Nation reports that Tinubu has assured Nigerians that the remedy for the hardship caused by the removal of petrol subsidy is on its way. The newspaper says the Central Bank of Nigeria (CBN) has directed international money transfer operators (IMTOs) to pay dollars received through diaspora remittances to domestic beneficiaries in naira.
Nigerian Tribune reports that the court has stopped the federal capital development authority (FCDA) from demolishing some buildings at Trademore Estate. The newspaper reports the Nigerian navy as saying that it has uncovered a mechanism installed in the oil mining lease (OML) 18 wellhead for siphoning crude oil into waiting barges.
The Guardian reports that students and parents are facing tough times following the increase in fees by federal and state universities. The newspaper says thieves have vandalised the median walkway in the Onitsha, Anambra state section of the newly inaugurated Second Niger Bridge.
Daily Sun reports that the Nigerian army has ruled out amnesty for bandits terrorising the north-west zone of the country, while asking governors for free hand to eliminate terrorists. The newspaper says the federal government is planning to attract fresh $18 billion investments into the petroleum sector with greater interest in gas and other cleaner energies.

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