Nigeria News
Nigerian Newspapers Daily Front Pages Review | Monday, 7 March, 2022
Naija News looks at the top happenings making headlines on the front pages of Nigeria’s national newspapers today Monday, March, 7th 2022.
The Country Director, World Bank, Shubham Chaudhuri, says Nigeria’s decision to postpone the full deregulation of the downstream sector of the petroleum industry by 18 months may cost the country over N4tn in subsidy payments on petrol in 2022. He said this when he led some executives of the bank on a courtesy visit to the head office of The PUNCH in Magboro, Ogun State on Thursday.
The controversial national carrier, Nigeria Air, may now see the light of the day in second quarter of this year, as request for proposal will go public this week. The Guardian, yesterday, learnt that yet another shift in take-off date, earlier proposed for the first quarter, was due to delays in mandatory approvals that have now been granted for the commencement of the bidding phase.
The Organised Private Sector, OPS, has said the federal and state governments, businesses and consumers will bear the brunt of the new Value Added Tax, VAT, regime, following last week’s rejection by the National Assembly, NASS, to place VAT on Exclusive Legislative List, in the ongoing amendment of the 1999 Constitution, Vanguard reports.
The division over zoning in the All Progressives Congress (APC) has not been resolved three weeks before the party’s March 26 convention. The Nation reports that there is still a disagreement over which zones will occupy some key offices, notwithstanding last week’s setting up of the Governor AbdulRahaman AbdulRazaq zoning committee.
Stakeholders in the agricultural sector, especially farmers, have expressed fears over imminent food crisis owing to the continued rise in the prices of fertiliser, Daily Trust reports.
According to Daily Independent, a major crack may have opened within the All Progressives Congress (APC ) Caretaker Extraordinary Convention Planning Committee (CECPC) barely three weeks to the much-anticipated convention of the party as a member of the Caretaker Committee and leading member of the Central Coordinating Committee of the Convention is said to have moved to summon a crucial meeting of the National Executive Committee (NEC) of the party.
Thank you for reading, that all for today, see you again tomorrow for a review of Nigerian newspapers.
