NIGERIAN NEWSPAPERS: 10 KEY HIGHLIGHTS THIS TUESDAY MORNING

Good morning! Here's today's comprehensive report from Nigerian Newspapers:

  1. Mass Defection in Rivers State Assembly: 27 out of 32 members of the Rivers State Assembly defect from the ruling Peoples Democratic Party (PDP) to the All Progressives Congress (APC). The lawmakers make the announcement in a group photograph, holding the APC flag.

  2. Wage Award Dispute: Organized Labour and the Federal Government clash over the government's failure to sustain the payment of the N35,000 wage award to workers. Workers in the Federal Civil Service express discontent, noting that the payment was only made for September.

  3. Release of Kidnapped University Students: The eight students kidnapped from the Federal University of Lafia, Nasarawa State, regain their freedom. Community leader Mr. Spencer Jerry confirms the release, stating that the students arrived in Kwarra village on Sunday.

  4. Infrastructure Pledge to Drone Attack Victims: The Northern Regional Caucus of the House of Representatives pledges N450 million worth of infrastructure to victims of the drone attacks in Tudun Biri community, Kaduna. The gesture is announced during a visit to Government House, Kaduna, to sympathize with the government.

  5. Naira Appreciation on Forex Market: The naira appreciates by 27.16% to close at N864.29/$ on the official Investors and Exporter window. The daily turnover of the dollar surges by 86.83% to $132.46 million, compared to $70.90 million last Friday.

  6. Corporate Affairs Commission's Delisting: The Corporate Affairs Commission plans to delist 91,843 companies for failing to file annual returns. The commission publishes a list of companies facing delisting, reducing the initial count from 94,581 to 91,843. This action is part of efforts to enforce compliance.

  7. Critique of Naira Redesign Policy: The Federal Government criticizes the naira redesign policy of the previous administration, claiming it led to the bankruptcy of farmers. Minister of Agriculture and Food Security, Senator Abubakar Kyari, defends the sector's 2024 budgetary proposals, emphasizing the focus on achieving food security.

  8. Abduction of Traditional Ruler: Gunmen invade the residence of Etiyin Maurice Edet, a traditional ruler in Akpabuyo Local Government Area of Cross River State, abducting him. An aide to the traditional ruler is shot dead during the incident. The police confirm the incident, with details still sketchy.

  9. PDP's Call for Fresh Elections in Rivers State: The Peoples Democratic Party (PDP) demands that the Independent National Electoral Commission (INEC) immediately commence the process of conducting fresh elections into the 27 State Constituencies in Rivers State. This follows the defection of "27 Rivers State lawmakers" to the APC.

  10. CAF Awards Victory: Super Eagles and Napoli striker, Victor Osimhen, and Super Falcons' forward, Asisat Oshoala, win the men and women's player of the year awards at the 2023 CAF Awards in Marrakech, Morocco. It marks the first time one country produces winners of both awards.