Nigerian Newspapers: Key Points for May 29, 2024

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Good morning! Here are the key highlights from Nigerian newspapers on May 29 2024. These include the latest developments in minimum wage negotiations, high-profile funerals, and significant legislative actions, reflecting the dynamic and multifaceted nature of current events in Nigeria.

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  1. Minimum Wage Talks Stall: The tripartite committee discussing the new minimum wage couldn’t reach an agreement for the third time. Labour groups rejected the government’s offer of N60,000.
  2. Ibrahim Lamorde Funeral: Vice President Kashim Shettima and other high-profile dignitaries attended the funeral of the late former EFCC Chairman, Ibrahim Lamorde, at the National Mosque in Abuja.
  3. BDC Operators Reject CBN Guidelines: Bureaux De Change operators opposed the CBN’s new guidelines that require a minimum capital of N2 billion for Tier-1 and N500 million for Tier-2 operators. ABCON President, Dr. Aminu Gwadabe, stated that these requirements are excessively high.
  4. National Anthem Bill Passed: The Senate passed the National Anthem Bill 2024, which seeks to reintroduce the old anthem “Nigeria, We Hail Thee.” The bill passed its first and second readings last week.
  5. Tinubu Praises Wike: President Bola Tinubu commended FCT Minister Nyesom Wike for revitalizing Abuja. Tinubu praised Wike during the commissioning of the Southern Parkway, a project initiated 13 years ago.
  6. Atiku Criticizes Tinubu’s Administration: Former Vice President Atiku Abubakar criticized President Tinubu’s administration, describing its first year as marked by “trial and error” and saying its policies have worsened economic conditions.
  7. Labour Party’s Criticism: The Labour Party caucus in the House of Representatives criticized Tinubu’s first year in office, claiming it has brought economic hardship and insecurity, contrary to his campaign promises.
  8. Police Neutralize Kidnappers: The Kogi State Police Command killed two kidnappers operating in Ankumi forest, Obajana. This was confirmed by the command’s spokesperson, SP William Aya.
  9. Cocaine Trafficking Cartel Arrest: The National Drug Law Enforcement Agency arrested a couple, Bolanle and Olayinka Dauda, for running a cocaine trafficking cartel. Significant quantities of illicit drugs were seized in Lagos and Ogun states.
  10. Senator Abdul Ningi Recalled: The Senate recalled Bauchi Central Senator Abdul Ahmed Ningi after a motion by Deputy Minority Leader Sen. Abba Moro, who expressed regret over Ningi’s suspension.

Stay informed with these updates from our Nigerian newspapers on May 29 2024, that capture the pulse of Nigeria today, from economic discussions and political criticisms to law enforcement successes and legislative changes. Follow these stories as they unfold to understand their impact on the nation’s future.

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