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Updates from Nigerian Newspapers of Friday 22nd December 2023

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Friday 22nd December 2023.

  1. Embezzlement Allegations against Former CBN Governor: Godwin Emefiele, the former Central Bank of Nigeria Governor, is accused of illegally depositing billions of naira in hundreds of bank accounts overseas without proper approval from the apex bank’s board and committee.
  2. Formation of Committees by National Economic Council: Committees have been established under the National Economic Council, chaired by Vice President Kashim Shettima, to focus on economic affairs and the issue of crude oil theft and management, with governors of Kwara and Imo States appointed to head these committees, respectively.
  3. London Court Decision on $11bn Damage Bill: A London court dismissed an $11 billion claim against Nigeria filed by Process & Industrial Developments Limited Gas Company related to a collapsed gas project in Cross River State, Nigeria.
  4. Supreme Court Reserves Judgment on Governorship Appeals: The Supreme Court has postponed its judgment on appeals related to the governorship of Kano and Bauchi states after hearing arguments from concerned parties.
  5. Senate Confirmation of Supreme Court Justices: The Senate approved the appointment of 11 Justices to the Supreme Court following a request from President Bola Tinubu.
  6. Release of Kidnapped Juju Musician and Crew: Juju musician Omoba De Jombo and his crew were reportedly freed four days after being kidnapped while traveling from Abuja to Kogi State for a performance.
  7. Delay in Passage of 2024 Budget: The Senate postponed the passage of President Bola Tinubu’s ‘Renewed Hope’ budget due to committees not meeting the deadline set in the timetable.
  8. House of Representatives Inquiry into National Carrier Project: The House of Representatives directed its Aviation Committee to invite the former Minister of Aviation, Hadi Sirika, to provide details about the status of the Nigeria Air project during his tenure.
  9. Government Apology for Scarcity of Naira Notes: The federal government apologized for the shortage of Naira notes in circulation, assuring Nigerians that the situation will improve in the coming year, stating that the scarcity was unintentional.
  10. APC Caucus Accusations Against Benue State Governor: Members of the All Progressives Congress (APC) National Assembly caucus accused Benue State Governor Hyacinth Alia of displaying dictatorial tendencies and inadequate leadership, echoing a similar crisis recently resolved in Rivers State.

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