Nigerian Newspapers: Thursday, May 25, 2017

Good morning Nigerians, we have aggregated today’s major headlines from top Nigerian Newspapers for you here on naija-news.com; Newspapers reviewed include: Punch, Vanguard, Premiumtimes, The Nations, National Mirror, Dailypost, Tribune, The Sun etc.

FG okays 29-member panel on N56,000 minimum wage demand

The Federal Government on Wednesday approved a 29-member tripartite committee on a new minimum wage being clamoured for by the workers.

The Minister of Labour and Employment, Chris Ngige, disclosed this to State House correspondents at the end of the weekly meeting of the Federal Executive Council presided over by the Acting President, Prof. Yemi Osinbajo.

-Punch

Military Investigates Alleged Coup Plot

The Nigeria military has said that it has set in place administrative processes to investigate allegations of a plot to overthrow the democratically elected government and purported attempts by politicians to influence office and soldiers of the Nigerian Army.

This is just as it assured Nigerians that no coup d’etat or take over of government will be supported or encouraged by the Armed Forces.

-Thisday

World Bank says nations ill-prepared to battle pandemic diseases

The World Bank said on Thursday that nations are failing to invest enough money to prevent the potential global spread of disease that could kill millions of people and cripple economies.

The bank in a report on Thursday said, faced with a pandemic, an unprepared planet could lose billions to trillions of dollars, a significant chunk of the global gross domestic product.

-Premiumtimes

Prayer, fast not enough to move Nigeria forward, says Osinbajo

The Acting President, Yemi Osinbajo, on Wednesday, said no amount of prayer and fast by Nigerians could move the nation forward without hard work.

Osinbajo said as a pastor himself, he understood the law of sowing and reaping and knew the implication of leaving what was supposed to be done undone.

-Punch

Okonjo-Iweala: You Can’t Achieve Growth If You Have Forex Distortions

Former Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said growth and development cannot be achieved when a country has distortions in its foreign exchange rates.

Speaking at the launch of ‘Beating the Odds: Jumpstarting Developing Countries’, a book written by Justin Yifu Lin and Celestin Monga in Ahmedabad, India, Okonjo-Iweala said there is no one way to growth and development, but some basic principles must be in place.

-Thisday

ANALYSIS: Nigeria, others hopeful as OPEC meets to extend oil output deal

The Organization of Petroleum Exporting Countries, OPEC, meets in Vienna today to deliberate on its plan to extend output cut, an agreement reached in 2016. PREMIUM TIMES’ Oladeinde Olawoyin examines the issues.

As the Organization of Petroleum Exporting Countries, OPEC, and other producers meet in Vienna Thursday (today), market participants expect that the cartel will agree to extend output cuts.

-Premiumtimes

Manchester United win UEFA Europa Cup

Paul Pogba propelled Manchester United towards a 2-0 victory over Ajax on Wednesday in a Europa League final rendered heavy with emotion by this week’s terror attack in Manchester, AFP reports.

A night that began with a moment of silence, then applause, in memory of the 22 people who died at Manchester Arena on Monday ended with United completing their trophy collection through goals from Pogba and Henrikh Mkhitaryan.

-Punch

FG Begins Review of 2017 Budget, Excited by GDP Report

Two weeks after the National Assembly transmitted the 2017 budget to the executive, the federal government wednesday said it has commenced the review and assessment of the budget passed by the legislature.

Making this disclosure while briefing journalists at the end of the weekly Federal Executive Council (FEC) meeting in the Presidential Villa, Abuja, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, said ministers were currently reviewing and analysing the budget.

-Thisday

Buhari’s health has improved significantly – Embassy Source

President Muhammadu Buhari’s health has improved significantly, although only his physicians can determine when he will return to Nigeria and to work, PREMIUM TIMES has learnt.

“Oh yes; we thank God,” a source in the Nigeria High Commission in London, United Kingdom, told this newspaper when asked if the president’s health had improved substantially.

-Premiumtimes

Army panel secretly quizzing more officers over alleged coup plot

The Defence Headquarters, Abuja, on Wednesday, finally opened up on the rumours of a coup plot in the country, saying the military was committed to democracy according to international best practices.

The Director, Defence Information, Maj. Gen. John Enenche, stated this during a briefing attended by the Directors of Information of the Nigerian Army, the Nigerian Air Force and the Nigerian Navy.

-Punch

 

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