Nigeria Newspaper Headlines Today 2nd May 2024 [Thursday]

Good morning to you Nigerians and to the world at large. Here is a summary of Nigeria Newspaper Headlines for today 2nd May 2024 [Thursday]:

Nigeria Newspaper Headlines Today 2nd May 2024 [Thursday]

1. Minimum Wage: Deadlock in New Minimum Wage Negotiations: Talks between the Federal Government and organized labor have hit a stalemate, as consensus remains elusive on the new minimum wage issue, according to President Bola Tinubu’s remarks during the International Workers’ Day celebration in Abuja.

2. Refinery: Government to Halt Licenses for Gas Companies: The Federal Government announces plans to cease issuing licenses to gas firms lacking pipeline construction capabilities to deter compressed natural gas transportation via roads.

3. Petrol Hoarders: Crackdown on Petrol Hoarders: The House of Representatives Committee on Petroleum Resources urges security agencies to apprehend petrol hoarders, assuring Nigerians of ample petrol stocks while addressing logistical challenges contributing to scarcity.

4. Civil Service: New Minimum Wage Implementation: Minister of State for Labour and Employment, Mrs. Nkeiruka Onyejeocha, assures workers of the implementation of the new national minimum wage starting from May 1, 2024, during the May Day celebration in Abuja.

5. Infrastructure: Compensation for Lagos-Calabar Coastal Highway Demolition: Minister of Works, David Umahi, reveals plans to compensate affected property owners with N2.75 billion for the Lagos-Calabar Coastal Highway construction, projected from channel 0 to channel 3.

6. Exchange: Dangote Laments Naira Devaluation: Aliko Dangote, Chairman of Dangote Industries Limited, highlights the devaluation of the naira as the primary challenge for his company in 2023, disclosed during the annual general meeting of Dangote Sugar Refinery Plc.

7. Fuel Scarcity: IPMAN Links Fuel Scarcity to Middle East Tensions: National Secretary of IPMAN, James Tor, attributes Nigeria’s fuel scarcity to the Israel-Iran crisis, exacerbating supply chain challenges due to geopolitical tensions in the Middle East.

8.  Umahi Accuses Peter Obi of Incitement: Minister of Works, Engr Dave Umahi, accuses Peter Obi, the 2023 presidential candidate of the Labour Party, of instigating South-East residents against the federal government over the Lagos-Calabar coastal highway project.

9. Zamfara Governor Vows to Tackle Salary Fraud: Governor Dauda Lawal pledges to address multiple salary payments to workers in the Zamfara State civil service during the 2024 Workers’ Day celebration in Gusau.

10. Kwara Police Arrest Suspected Cultists: The Kwara State Police Command’s tactical team apprehends three suspected cultists involved in the killing of a cult group leader, while manhunt operations continue for other fleeing suspects, as revealed by DSP Ejire Adetoun Adeyemi.