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Updates from Nigerian Newspapers of Saturday 2nd December 2023

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Saturday 2nd December 2023.

  1. BVN and NIN Directive by Central Bank: The Central Bank of Nigeria instructed commercial banks to impose a “post no debit” restriction on accounts without Bank Verification Numbers (BVN) and National Identity Numbers (NIN) starting from March 2024, barring access to such accounts.
  2. 2024 Appropriation Bill Passage: Indications suggest that the National Assembly plans to pass the 2024 Appropriation Bill amounting to N27.5 trillion on December 19, with both the Senate and the House of Representatives passing the ‘Renewed Hope’ budget for the second reading.
  3. Passport Issuance Timeline: The Nigerian Immigration Service announced that, barring technical issues, Nigerians can expect to receive their passports three weeks after submitting their applications, as revealed by the Comptroller General during the unveiling of a passport front office in Lagos State.
  4. Shutdown of Metal Manufacturing Company: The Minister of Labour and Employment for State ordered the shutdown of a metal manufacturing company in Sagamu Local Government due to reported exposure of workers to health hazards, despite warnings and lack of protective gear.
  5. Navy’s Seizure of Illegally Refined Oil: The Nigerian Navy impounded and destroyed a boat transporting illegally refined Automated Gas Oil in the Bonny Island channel in Rivers State, aiming to curb illegal activities in the region.
  6. Kidnapping of Catholic Priest: Gunmen abducted a Catholic Priest and a driver in Imo State, emphasizing the ongoing security challenges faced in parts of Nigeria.
  7. APC’s Standing in the South-South: The President of the Senate affirmed the stability of the ruling All Progressives Congress (APC) in the South-South region, expressing confidence in the party’s future electoral performance in the area.
  8. Nigeria-Germany Agreement on Electricity Improvement: Nigeria and Germany signed an accelerated performance agreement to expedite the implementation of the Presidential Power Initiative (PPI) aimed at enhancing electricity supply in Nigeria.
  9. Senator’s Critique of Former President Buhari’s Administration: Senator Ali Ndume criticized the governance during ex-President Buhari’s tenure, suggesting a lack of supervision and the presence of corrupt individuals within the administration.
  10. Senate’s Call to Withhold Local Government Allocations: The Senate urged the federal government to withhold statutory allocations from local government councils lacking democratically elected chairmen, emphasizing the need to preserve democratic processes in governance.

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