Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Wednesday 17th January 2024.
- Explosion in Ibadan:
- An explosion occurred in Ibadan, Oyo State, causing casualties.
- The cause of the explosion is yet unknown, and the police are investigating.
- Police Response to Insecurity:
- The Inspector-General of Police, Kayode Adeolu Egbetokun, called a meeting to address escalating insecurity concerns across the country.
- The IGP emphasized the need for decisive action against insecurity.
- Tinubu on Buhari and Niger Republic:
- President Bola Tinubu stated that ex-President Muhammadu Buhari can no longer relocate to Niger Republic due to border closure.
- Tinubu made this statement during the unveiling of books related to Buhari’s presidency.
- Fraud Investigation in Humanitarian Ministry:
- Investigation into alleged fraud in the Ministry of Humanitarian Affairs extended to the Accountant-General of the Federation, Dr. Oluwatoyin Madein.
- She was questioned by the Economic and Financial Crimes Commission (EFCC) over suspicious cash movements.
- Naira Exchange Rates:
- The naira fell to N1,295 per dollar in the parallel market but depreciated to N878.57 per dollar in the Nigerian Foreign Exchange Market (NAFEM).
- Ethnic Clash in Nasarawa State:
- A land dispute between Gbagyi and Bassa ethnic groups in Nasarawa State resulted in a bloody clash, claiming seven lives.
- Budget Allocation to Ministry of Works:
- The National Assembly increased the budgetary allocation to the Ministry of Works from N657.3bn to N1.03tn, representing a significant increase.
- Abduction of Ukum Local Government Chairman:
- The abductors of the caretaker chairman of Ukum Local Government Area demanded N50m ransom for his release.
- Return of Stolen Funds to Nigeria:
- A UK court ruled that £6.9m ($8.9m) suspected to be stolen funds for arms purchase should be returned to Nigeria.
- APC’s Determination to Reclaim Edo State:
- APC National Chairman, Abdullahi Ganduje, and former National Chairman, Adams Oshiomole, expressed determination to reclaim Edo State, stating it is an APC state.
