Breaking News Headlines For Today, Thursday, 10th October, 2019

Nigeria Breaking News

  • Good Morning All!

  • Here Are The Major Newspaper Headlines For Today Thursday, 10th October 2019

1. Senate Begins Debate On 2020 Budget

The Nigerian Senate on Wednesday began debate on the general principles of the 2020 Appropriation Bill. It will be recalled that President Muhammadu Buhari had on Tuesday presented a 2020 budget estimate of N10.33trillion to a joint sitting of the National Assembly. Read more

2. Next Level: President Buhari Makes Fresh Promise To Nigerians

President Muhammadu Buhari on Wednesday received at the State House, Abuja, some of the Ministers who served with him as military head of state between January 1984 and August 1985.

While playing host, the President recalled “how we got things done then,” because it was a military administration, and pledged to “carry everyone along on my last lap as a democratically elected leader.” Read more

3. Buhari Meets Economic Advisory Council In Aso Rock

President Muhammadu Buhari on Wednesday, met with the chairman and members of the nation’s economic advisory council at the Presidential Villa, Abuja. Read more

4. FG, Labour Fix Date To Conclude Negotiation On Minimum Wage

The Federal Government and Labour Unions in the country, have scheduled a high-level meeting for October 15, for the full implementation of the new minimum wage.

According to reports, the Minister of Labour and Employment, Chris Ngige made this known on Wednesday after a separate meeting with members of the Joint National Public Service Negotiating Council; the leadership of Trade Union Congress of Nigeria (TUC) and the Nigeria Labour Congress (NLC). Read more

5. #MainaGate: EFCC Gets Order To Extend Maina’s Detention

The Economic and Financial Crimes Commission (EFCC) has secured a court order to detain former Chairman of the Pension Reform Task Team, Mr Abdulrasheed Maina and his son, Faisal, pending the conclusion of its investigation.

The Federal Capital Territory High Court, Bwari, granted the order on October 7, 2019, following an exparte application by the EFCC. Read more

6. Why Budget 2020 Is Not Sustainable – Senator Abaribe

The Minority Leader of the Nigerian Senate, Senator Enyinnaya Abaribe, says the budget 2020 proposal is not sustainable because debt servicing is higher than capital expenditure.

The Peoples Democratic Party (PDP) Senator made this comment at the commencement of a debate on the general principles of the 2020 budget on Wednesday. Read more

7. IMF Endorses VAT Increase, Gives Reason

A senior resident representative with the International Monetary Fund (IMF) and mission chief for Nigeria, Amine Mati, says an increase in Value-Added Tax (increase in VAT to 7.5%) is a step in the right direction for Africa’s most populous nation because it will contribute to declining revenue. Read more

8. Why FG May Revoke Abuja, Ikeja, Six Discos’ Licences

There are reports that the Federal Government may revoke the licences of eight power distribution companies as the Discos breached some provisions of the Electric Power Sector Reform Act in July 2019.

The Nigerian Electricity Regulatory Commission identified the eight power firms as Abuja, Benin, Enugu and Ikeja, Kaduna, Kano, Port Harcourt and Yola Discos. Read more

9. ASUU Breaks Silence On Lecturers Indicted In #SexForGrades Scandal

The Academic Staff Union of Universities (ASUU) has called for an investigation and appropriate sanction for lecturers indicted in the alleged “Sex for Grades” scandal.

Naija News reports that the BBC had released a video exposing some lecturers from the University of Lagos and the University of Ghana for allegedly harassing an undercover journalist, who posed as a student. Read more

That’s all for today. For more news visit NaijaNewsletter.com

See you again tomorrow.

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