Nigeria News
Nigerian Newspapers Daily Front Pages Review | Tuesday 17th October, 2023
Naija News looks at the top happenings making headlines on the front pages of Nigeria’s national newspapers today Tuesday 17th October 2023.
The PUNCH: The Federal Government plans to spend 61.63 per cent of its planned 2024 on personnel and debt service costs, The PUNCH has learnt. The personnel and pension costs of N7.78tn and the debt service cost of N8.25tn make up N16.03tn out of the N26.01tn 2024 budget
The Guardian: Rising food prices remain a source of concern for Nigerians, as the inflationary trend is not just spiking poverty levels but also increasing the number of people who cannot afford a healthy diet. Prices of food produce continue to inch higher than historical average, driven by incidence of flooding in food-producing states, effects of below-average planting season on primary harvests, lingering security challenges in the country’s northern region, rising energy costs (diesel for transportation) and unstable foreign exchange rate.
Vangaurd: The main opposition Peoples Democratic Party, PDP; and Labour Party, LP, yesterday, railed at the Federal Government and the ruling All Progressives Congress, APC, as costs of food items, others pushed inflation to an 18-year high rise of 26.72 per cent in September.
The Nation: The Federal Executive Council (FEC) yesterday proposed N26.01 trillion for the 2024 Budget. A bill to that effect will shortly be sent to the National Assembly.
DailyTrust: Nigeria’s food sub-index for September 2023 increased to 30.64 percent on a year-on-year basis – 7.30 percent points higher compared to the rate recorded in September 2022 (23.34 percent), the National Bureau of Statistics has disclosed.
Thank you for reading, that is all for today, see you again tomorrow for a review of Nigerian newspapers.
