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Updates from Nigerian Newspapers of Tuesday 16th January 2024

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Tuesday 16th January 2024.

  1. President Bola Ahmed Tinubu expresses optimism about Nigeria’s economic recovery, condemning past misuse of public funds under the subsidy regime. He believes that the hardships caused by subsidy removal will soon diminish.
  2. The Nigerian National Petroleum Company Limited initiates the privatization process for the Port Harcourt Petroleum Refinery to ensure reliability and sustainability.
  3. The Code of Conduct Bureau summons Interior Minister Olubunmi Tunji-Ojo over his connection to New Planet Projects Limited, which reportedly secured a N438 million contract from the Ministry of Humanitarian Affairs.
  4. Lagos State Governor, Babajide Sanwo-Olu, approves the 2024 Appropriation Bill, with a total budget size of N2.267 trillion, focusing on a 58:42 ratio between capital and recurrent expenditures.
  5. President Tinubu and ex-President Obasanjo are seen together for the first time at the inauguration of Governor Hope Uzodimma in Imo State.
  6. Commissioner Ezekiel Musa Dalhatu claims that FCT Minister Nyesom Wike is unaware of the heightened insecurity in the nation’s capital, addressing the issue in a press conference.
  7. Political economist Professor Pat Utomi reveals plans by presidential candidates from various parties to form a mega party in 2027 to challenge the ruling All Progressives Congress.
  8. Tragic incident in Kano State as seven family members die in a midnight fire caused by an electric spark during power restoration in Tudun Wada, Nassarawa Local Government area.
  9. Five passengers are killed, and eight others injured in a fatal accident on the Lagos-Ibadan Expressway involving a Mazda bus and a Mercedes Benz truck.
  10. An unidentified member of a four-man robbery gang is shot dead by Anambra State Police after attempting to shoot officers at a checkpoint with a pistol.

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