Top Nigeria Newspaper Headlines Today 3rd July 2024 [Wednesday]

Below is the summary of top Nigeria Newspaper Headlines for today 3rd July 2024 being Wednesday.

Top Nigeria Newspaper Headlines Today 3rd July 2024 [Wednesday]

1. The Nigerian National Petroleum Company Limited (NNPCL) has declared a state of emergency on crude oil production in Nigeria, launching an aggressive campaign against all factors hindering production.

2. Aliko Dangote, Chairman of the Dangote Group, has criticized the Central Bank of Nigeria’s interest rate hike to nearly 30 percent. Speaking at the Manufacturers Association of Nigeria’s summit in Abuja, he stated that the current interest rate makes job creation difficult.

3. New tax laws are expected before the end of this year, according to Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms. He noted that ten amendment bills addressing constitutional issues, including overlapping taxing rights, have been sent to the National Assembly.

4. Senate President Godswill Akpabio praised President Bola Tinubu for supporting Minister of the Federal Capital Territory (FCT), Nyesom Wike. He said this support has given Wike the confidence to restore Abuja to its original Master Plan.

5. Dr. Jide Idris, Director-General of the Nigeria Centre for Disease Control and Prevention, reported on Tuesday that there have been 2,102 suspected cholera cases and 63 deaths across 33 states and 122 local government areas in the country.

6. In 2023, Nigerians spent N16.5 trillion on diesel, petrol, and generators for electricity, the Federal Government announced on Tuesday. Meanwhile, the formal power sector generated N1 trillion in revenue last year despite the substantial informal sector expenditure.

7. The Defence Headquarters described last Saturday’s suicide bombings in Borno State as acts of cowardice by Boko Haram terrorists. The DHQ emphasized that Boko Haram insurgents have been significantly weakened and promised a decisive crackdown on the terrorists.

8. An Osun State High Court sentenced five men to death by hanging on Tuesday for the abduction and murder of Fulani herder Ibrahim Adamu, who sold cows at Owode-Ede. Despite paying a N3 million ransom, Adamu was killed after being moved to a secluded location in his Toyota Corolla.

9. Flooding has claimed nine lives and displaced about 5,000 households across 30 communities in Yobe State, the State Emergency Management Agency (SEMA) reported on Tuesday via its official Facebook page.

10. The House of Representatives has urged Minister of Works David Umahi to immediately revoke the contract for the East-West Road construction, currently held by Rock Result Nigeria Limited, and re-award it to a company with the necessary expertise and capacity.