Nigeria News
Nigerian Newspapers Daily Front Pages Review | Monday 31st October, 2022
Naija News looks at the top happenings making headlines on the front pages of Nigeria’s national newspapers today Monday 31st October 2022.
The PUNCH: The Central Bank of Nigeria is expected to have destroyed over N6tn worth of mutilated and old banknotes when the regime of the President, Major General Muhammadu Buhari, (retd) expires in May 2023, an analysis by The PUNCH has shown. Already, data obtained from the annual reports of the currency operations department of the CBN between 2016 and 2020 showed that the apex bank destroyed mutilated banknotes worth N4.1tn during the five-year period. Our correspondent could not readily obtain data on the amount of mutilated banknotes disposed off by the central bank in 2021 and 2022 as of press time on Sunday.
The Guardian: Though presidential candidates in the forthcoming general elections have expressed commitments to addressing some of the challenges faced by Nigerians, members of the Organised Private Sector (OPS) have asked the candidates to go beyond rhetoric and promises, noting that many of the manifestoes lack details and commitment as to how the candidates will address the challenges.
Vanguard: Amid controversies over the position of the Finance Minister, Mrs Zainab Ahmed, on the decision of the Central Bank of Nigeria, CBN, to embark on the redesigning of Naira notes, President Muhammadu Buhari said yesterday that the CBN has his support on the project.
This Day: Presidential candidate of All Progressives Congress (APC), Asiwaju Bola Tinubu, stated yesterday in Akure that he had conceded to President Muhammadu Buhari the honour to nominate his running mate, but the president declined. The statement confirmed for the first time speculations that made the rounds about the choice of the ruling party’s vice presidential candidate.
Daily Trust: President Muhammadu Buhari Sunday said the decision of the Central Bank of Nigeria (CBN) to launch new designs and replace high-value naira notes had his support. CBN governor, Godwin Emefiele had, during a special briefing in Abuja on Wednesday, disclosed that the apex bank would, following approval by the president, start circulating newly redesigned N100, N200, N500 and N1000 naira notes from December 15.
Thank you for reading, that is all for today, see you again tomorrow for a review of Nigerian newspapers.
