Nigeria News

Nigerian Newspapers Daily Front Pages Review | Monday, 14 February, 2022

Published

14 February 2022

7:30 AM

Nigerian Newspapers Daily Front Pages Review

Naija News looks at the top happenings making headlines on the front pages of Nigeria’s national newspapers today Monday, February, 14th 2022.

According to The PUNCH, residents of Abuja and neighbouring states of Niger and Nasarawa are still facing tough times sourcing for Premium Motor Spirit, popularly called petrol, with the commodity selling for as high as N400/litre by black marketers.

Petroleum marketers, yesterday, said the Nigerian National Petroleum Corporation (NNPC) Limited is yet to evacuate adulterated petroleum from fuel stations as motorists jostle to purchase premium motor spirit. It is feared the situation may take a bad turn if it lingers, The Guardian reports.

There were indications, yesterday, that the nation’s petrol shortage would worsen this week, following a sharp disagreement between the Independent Petroleum marketers Association of Nigeria, IPMAN, and Depot and Petroleum Products Marketers Association of Nigeria, DAPPMA, over fixing of the price of the product, Vanguard reports.

The European Union (EU) is working on a €20 billion ($22.7 billion) financing package to support African transport networks, as well as energy, digital, education and health projects to counter China’s reach in the continent, This Day reveals.

Daily Trust reports that spirited efforts are being made by top shots of the All Progressives Congress (APC), including some officials in the Presidency, to draft Central Bank of Nigeria (CBN) Governor Godwin Emefiele into the presidential race ahead of the 2023 elections.

Though the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) kept all monetary parameters constant at the last meeting in January, there are indications that it may respond to pressure from the international market by conducting two monetary policy rate hikes twice in 2022, analysts have told Daily Independent.