Punch
FG to cut N1.84tn borrowing through TSA recovery
The 2016 budget, which has been submitted by President Muhammadu Bubari to the National Assembly, has a deficit of N2.2tn.
Vanguard
The Sun
Gunmen blow up Agip pipeline in Rivers
The 2 Brigade of the Nigerian Army, Port Harcourt, said yesterday that suspected cultists have destroyed a pipeline belonging to the Nigeria Agip Oil Company.
Thisday
Again, Sanusi Criticises FG’s Naira Policy
President Muhammadu Buhari risks undermining progress in fighting Boko Haram and tackling corruption by endorsing exchange rate policies that are doomed to fail, the Emir of Kano, Alhaji Muhammadu Lamido Sanusi II, has said.
Guardian
Sani urges Buhari to probe alleged $3b spent by northern leaders on search for oil
CHAIRMAN, Senate Committee on Foreign and Domestic Debts, Shehu Sani, has said that the move by northern leaders to exploit oil in the region without success over the years was a cause of concern, saying that they had so far sunk $3 billion on elephant projects on exploration.
Daily Trust
Adamawa Chief of Staff, APC chair exchange punches
National Mirror
N34bn theft: Court directs security agencies to arrest Tompolo
A Federal High Court, Lagos, presided over by Justice Ibrahim Buba, has again renewed the order of arrest against Niger Delta militant leader, Government Ekpemupolo (alias Tompolo) charged with N34 billion theft.
Leadership
$150m Allegation: I Am Wike’s One-Point Agenda – Amaechi
Minister of Transportation and former Rivers State Governor, Rt. Hon. Chibuike Rotimi Amaechi, has declared that he remains the one-point agenda of the administration of Governor Ezebunwo Nyesom Wike, which he said is aimed at denigrating his person.
The Nation
Okonjo-Iweala under probe for €3.6m vehicles deal
Another round of investigations into the $2.1billion arms deals is to begin tomorrow, Economic and Financial Crimes Commission (EFCC) sources said yesterday.
Tribune
NCC’s case against MTN over alleged copyright infringement begins Feb 18
A Federal High Court in Abuja, on Monday, slated February 18, 2016 to commence trial in the two-count charge preferred against MTN Nigeria by the Nigerian Copyright Commission (NCC)
Daily Independent
EFCC Detains Ex-CDS Alex Badeh After Eight-Hour Grilling
The Economic and Financial Crimes Commission (EFCC) yesterday detained a former Chief of Defence Staff (CDS), Air Chief Marshal Alex Badeh, after about eight-hour grilling.