10 Top Nigerian Newspaper Headlines For Today, Wednesday, July 3, 2024

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Top Nigerian Newspaper Headlines For Today, Wednesday, 3rd July 2024

Good morning, Nigeria. Welcome to the Ejes Gist – Naija News roundup of Top Nigerian Newspaper Headlines For Today, Wednesday, 3rd July 2024. Here is the latest news in Nigeria today 2024.

1. Tinubu Approves New Withholding Tax Policy

President Bola Tinubu has approved a new withholding tax policy, replacing the outdated 1977 tax system. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, revealed this on Tuesday, highlighting that the new policy alleviates the burden on farmers and Small and Medium Enterprises, promoting tax equity. The updated policy will soon be published in the official gazette.

2. Sultan Has No Constitutional Power To Appoint Anyone – Sokoto Govt

The Sokoto State government asserted that the Sultan of Sokoto lacks the authority to make appointments. Commissioner of Justice, Barrister Nasiru Binji, noted that the current Chieftaincy law conflicts with Nigeria’s constitution, particularly section 76(2) of the Sokoto Local Government and Chieftaincy Law 2008, which is inconsistent with section 5(2) of the 1999 Constitution as amended.

3. NNPC Declares State Of Emergency On Crude Oil Production

The Nigerian National Petroleum Company (NNPC) Limited has declared a state of emergency on crude oil production. Group Chief Executive Officer, Mele Kyari, announced this during the 23rd Nigeria Oil and Gas Conference and Exhibition. Kyari emphasized the need for timely actions to tackle impediments and achieve a daily production of two million barrels without new rigs.

4. SSANU Considers Shutdown Of Universities Over Withheld Salaries

The Senior Staff Association of Nigerian Universities (SSANU) has threatened to shut down universities on July 4 due to non-payment of four months’ withheld salaries. Following a two-week ultimatum to the government, SSANU expressed frustration over the government’s insensitivity and a perceived divide-and-rule approach.

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5. Lawmaker Accuses Deputy Speaker Of Sidelining New Legislators

Cyril Hart, representing the Bonny/Degema federal constituency, accused Deputy Speaker Benjamin Kalu of sidelining new legislators during debates. The accusation was made after Ahmed Jaha’s motion on recent suicide bombings in Borno. Hart exited the green chamber in protest, although Kalu defended the recognition process as based on seating arrangements.

6. Dangote Criticizes CBN’s Latest Interest Rate Hike

Aliko Dangote, Chairman of the Dangote Group, criticized the Central Bank of Nigeria’s (CBN) recent interest rate hike to almost 30%. Speaking at a summit organized by the Manufacturers Association of Nigeria, Dangote argued that high interest rates stifle business growth and urged the government to create a supportive environment for local businesses.

7. Obasanjo Advocates For Nnamdi Kanu’s Release

Former President Olusegun Obasanjo met with South East Governors to discuss pressing issues, including advocating for the release of Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB). The governors also established a committee for the burial of the late minister Ogbonnaya Onu and agreed to visit President Tinubu to address regional concerns.

8. Akpabio Predicts Transformation Of Nigeria In Seven Years

Senate President Godswill Akpabio expressed optimism about Nigeria’s transformation within the next seven years. At the launch of the Kugbo Bus Terminal in Abuja, Akpabio emphasized the importance of supporting President Tinubu’s administration to achieve significant progress.

9. Army Declares State Of War Over Borno Suicide Bombings

The Nigerian Army declared that recent suicide bombings in Borno indicate a state of war. Major General Edward Buba detailed the attacks in Gworza Local Government Area, attributing them to terrorist responses to military successes. A curfew was imposed, and condolences were extended to the victims’ families.

10. Wabara Reiterates Rejection Of ₦250 Million Bribe For Third Term Agenda

Former Senate President Adolphus Wabara confirmed rejecting a ₦250 million bribe to support former President Olusegun Obasanjo’s third-term agenda. In a recent interview, Wabara underscored his resistance as crucial to maintaining Nigeria’s democracy, suggesting that accepting the bribe could have led to prolonged dictatorship.

Latest news in Nigeria today 2024.

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