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Newspaper Headlines: Obi’s appeal mere jamboree, Tinubu tells supreme court

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
October 14, 2023 7:59 am

Report on the suggestion of the International Monetary Fund (IMF) for the improvement of the Nigerian economy dominated the cover pages of Nigerian newspapers. 

The Punch reports that the International Monetary Fund (IMF) said the federal government must collect more taxes to fund the national budget and pay public debt to ensure that the fuel subsidy removal policy and foreign exchange unification initiative translate to economic growth and stability. The newspaper said the federal government has announced that Nigeria’s oil production has increased to about 1.7 million barrels per day.
The Nation reports that President Bola Tinubu has described the appeal filed by Peter Obi of the Labour Party against the judgment of the tribunal as a jamboree intended for media entertainment. The newspaper says the president has removed the Federal Capital Territory Administration (FCTA) from the Treasury Single Account (TSA).
THISDAY reports that Tinubu has appointed new chief executive officers for 14 agencies and parastatals under the federal ministry of industry, trade and investment. The newspaper reports that the IMF has commended the removal of foreign exchange restrictions by the Central Bank of Nigeria (CBN).
The Guardian reports that stakeholders from the south-east zone have asked Tinubu to accept the dialogue offer of the Indigenous People of Biafra for peace to reign in the zone.
Nigerian Tribune reports that the federal government has received a total subscription of N652.827 billion for the N150 billion sovereign Sukuk. The newspaper says the Kano state government has organised a mass wedding, uniting 3,600 couples in a bid to discourage adultery, prostitution, and illicit affairs.

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