Nigeria Newspaper Headlines Today 7th May 2024 [Tuesday]

Good morning Nigerians and to the world at large. Here is a summary of Nigeria Newspaper Headlines for today 7th May 2024 [Tuesday]:

Nigeria Newspaper Headlines Today 7th May 2024 [Tuesday]

1. Foreign Military Base: The Federal Government refuted claims of considering requests for establishing foreign military bases in Nigeria, clarifying that such discussions were non-existent.

2. Exchange: The Federal Government announced plans to remove the naira from all peer-to-peer exchanges, according to Emomotimi Agama, the Director-General of the Securities and Exchange Commission.

3. Ondo Guber Election: The APC in Ondo State criticized INEC’s assertion that the party didn’t conduct primaries in Ilaje Local Government Area, dismissing it as lacking credibility.

4. Rivers Crisis: Rivers State Governor, Siminalayi Fubara, addressed the rift with the House of Assembly, declaring the lawmakers, led by Martins Amaewhule, as irrelevant in the eyes of the law.

5. Cyber security: The Central Bank of Nigeria directed banks to impose a 0.5 percent cybersecurity levy on electronic transfers, starting in two weeks.

6. Presidency: Vice-President Kashim Shettima aborted his trip to the US for the 2024 US-Africa Business Summit and returned to Nigeria.

7.Crime: Six senior officers of the Nigeria Security and Civil Defence Corps were arrested by the EFCC over alleged N6bn fraud and are currently being interrogated.

8. Lagos-Calabar coastal Highway: The Presidency countered former Vice President Atiku Abubakar’s allegation of conflict of interest in awarding the Lagos-Calabar coastal highway project.

9. Tragedy: One woman was shot, and several others injured in Ughelli during a police dispersal of protesting women alleging harassment and extortion by policemen.

10. Electricity Tariff: The NLC and TUC issued an ultimatum to the Nigerian Electricity Regulatory Commission to withdraw the recent electricity tariff hike by May 12 or face unprecedented industrial action.