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Newspaper Headlines: Obasa’s removal divides APC as factions battle for control

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
February 3, 2025 7:00 am

Reports on reduction in the ex-depot price of petrol by Dangote refinery, and the controversy trailing the 50 percent tariff hike by telecommunication companies, continue to suffuse the frontpages. 

The Punch reports that the reduction in the ex-depot price of petrol by Dangote refinery could lead to losses for some marketers, particularly those who had already imported petrol prior to the price cut announcement. The newspaper says the Nigeria Centre for Disease Control (NCDC) has intensified surveillance at the country’s points of entry, including airports, following the confirmation of an Ebola virus disease outbreak in Uganda.
Vanguard reports that borrowings from banks by petroleum marketers have increased following the removal of petrol subsidy. The newspaper says the federal government will meet the leaders of the Nigeria Labour Congress (NLC) over Tuesday’s planned protest on the 50 percent tariff hike of telecommunication services.
Nigerian Tribune reports that northern leaders have dismissed the idea of using the Peoples Democratic Party (PDP) as the platform to challenge incumbent President Bola Tinubu in the 2027 elections. The newspaper says 30 people were burnt to death in a road accident on the Benin-Ore-Ijebu Ode Expressway at Onipetesi community in Odigbo LGA of Ondo state.
THISDAY reports that a court has ordered the Nigeria Customs Service (NCS) to stop the collection of excise duty on non-alcoholic carbonated sweetened beverages from members of the Nigeria Employers’ Consultative Association (NECA). The newspaper says Canada, Mexico and China have vowed to respond to new tariffs on exports to the United States announced by President Donald Trump.
The Guardian reports that over 55 oil licences across oil blocks in the Niger Delta will expire before the end of 2025 with affected operators yet to know the fate of their assets. The newspaper says the removal of Mudashiru Obasa as the speaker of the Lagos house of assembly has caused divisions in the All Progressives Congress (APC) in the state.

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