In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with the Minister of the Federal Capital Territory (FCT), Nyesom Wike, eliciting strong reactions from the Northern Youth Council of Nigeria (NYCN) over his comments that the Archbishop Emeritus of the Catholic Archdiocese of Abuja, John Cardinal Onaiyekan, was not neutral during the 2023 general elections.
Another headline features the House of Representatives Ad hoc Committee investigating the purported Presidential Foreign Investment Promotion Council (PFIPC) saying it would interrogate the agency’s director-general, Aderemi Matthew Adeyemi, in an undisclosed location to respect the constitutional principles of separation of powers.
Vanguard also reports that billionaire investor Femi Otedola is eyeing a 50 per cent stake in First HoldCo Plc after openly declaring his ambition to acquire a controlling stake, confirming that his more than N600 billion investment is not a portfolio bet but part of a long-term plan to take charge of the group.
Moving to other newspapers, The Guardian reports that 57 state varsities, among others, are in limbo over the selective implementation of the 40 per cent salary increase agreement between the Academic Staff Union of Universities (ASUU) and the Federal Government.
The Punch’s lead headline states that the military’s salaries have hit N924 billion after President Bola Tinubu approved a pay rise.
Lastly, The Nation reports that a businessman, Mr. Gbenga Collins, told the House of Representatives Ad-hoc Committee investigating the activities of the purported PFIPC that the self-styled director-general, Adeyemi, allegedly swindled him of N400 million with the promise of a lucrative government contract.
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