Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Tuesday 12th December 2023.
- Labour Dispute over Wage Payment: The Federal Government’s failure to sustain the payment of the N35,000 wage award to workers has caused tension and a potential conflict with organized labor unions.
- Corporate Affairs Commission Delisting Companies: The Corporate Affairs Commission is set to delist a significant number of companies (91,843) for their failure to file annual returns. This action aims to enforce compliance with regulatory requirements.
- Naira Redesign and Agriculture Minister’s Statement: The Federal Government criticized the previous administration’s naira redesign policy, attributing it to the financial strain on farmers. The Minister of Agriculture emphasized the focus of the 2024 budget proposals on achieving food security.
- Abduction of a Traditional Ruler: Gunmen abducted a traditional ruler in Cross River State, resulting in the death of one of his aides during the incident. Details are still scarce as the police investigate the situation.
- Release of Kidnapped University Students: Eight kidnapped students from the Federal University of Lafia have been freed and safely returned to their community, according to a local leader’s confirmation.
- Mass Defection in Rivers State Assembly: A significant defection occurred in the Rivers State Assembly, where 27 out of 32 members defected from the ruling Peoples Democratic Party (PDP) to the All Progressives Congress (APC).
- Pledge for Infrastructure to Drone Attack Victims: The Northern Regional Caucus of the House of Representatives pledged N450 million worth of infrastructure to support victims affected by drone attacks in Kaduna State.
- PDP’s Demand for Fresh Elections in Rivers State: The Peoples Democratic Party (PDP) called for the Independent National Electoral Commission (INEC) to conduct fresh elections in 27 State Constituencies in Rivers State due to lawmakers defecting to the APC.
- Naira Appreciation and Surge in Dollar Turnover: The naira appreciated significantly against the dollar, closing at N864.29/$ on the official Investors and Exporter window. There was also a notable increase in the daily turnover of the dollar.
- Victor Osimhen and Asisat Oshoala Win CAF Awards: Nigerian footballers Victor Osimhen and Asisat Oshoala won the men and women’s player of the year awards respectively at the 2023 CAF Awards in Morocco.
