Nigerian newspaper headlines December 9, 2016.
Punch
Ex-minister Obanikoro in fresh N450m poll cash scandal
The Economic and Financial Crimes Commission on Wednesday quizzed a former Minister of State for Defence, Senator Musiliu Obanikoro, for allegedly receiving N450m from the Coordinator of the Goodluck Jonathan Campaign Organisation in Lagos State, Adewale Onilere, during the countdown to the 2015 presidential election.
Vanguard
Naira’s depreciation threatens adoption of ECOWAS single currency
The Economic Community of West African States, ECOWAS, has said the full adoption of a single currency was currently under threat due to the steady decline of Nigeria’s currency, the Naira.
Guardian
Dasuki writes CJN, seeks quicker hearing of appeals
A former National Security Adviser (NSA), Colonel Sambo Dasuki (rtd), has urged the Supreme Court to grant him accelerated hearing in his two pending appeals for bail.
Thisday
Discos Warn of Imminent Collapse of Power Supply Due to FX Scarcity
The 11 electricity distribution companies (Discos) in Nigeria’s electricity industry have warned that the sector was under threat and could collapse anytime on account of various operational challenges, but mostly on the exorbitant and unstable naira to dollar exchange rate which they said was cripplingly their operations.
Leadership
US Offers Solution To Nigeria’s Economic Recession
The United States Consul-General in Nigeria, Mr John Bray, yesterday said that Nigeria would be able to overcome her current economic recession by attracting more Foreign Direct Investment.
The Sun
Dalung: We didn’t expect Falcons to win
Barely 24 hours after the Federal Government blamed recession for its inability to pay match bonuses of the victorious Super Falcons at the just concluded African Women Championship, the Sports Minister Solomon Dalung has said they were never expected to win the trophy.
National Mirror
Reps ask FG to suspend ban on vehicle imports
House of Representatives yesterday asked President Muhammadu Buhari to immediately suspend the ban on the importation of vehicles through land borders in the country.
The Nation
Auto policy to create 700,000 jobs, says NIPC
The Nigeria Investment Promotion Council (NIPC) has said the implementation of the new automotive policy would create over 700,000 jobs.
