Read today's newspaper headlines [Monday, December 5, 2016]

THE GUARDIAN NEWSPAPER

Lagos to borrow N60b this week, plans another N100b in 2017

The Lagos State government has concluded an arrangement to return to the capital market this week to float a N60 billion bond from its pool of N500 billion approved by the state House of Assembly recently.It also plans another tranche of N100 billion for next year.

Local production suffers setback on dollarisation of raw materials

The Federal Government’s efforts at diversifying the economy and reducing dependence on importation are being undermined by value-chain operators, farmers and providers of key raw materials who would rather export raw commodities for foreign exchange than sell to local producers at market prices.

INEC, Wike bicker over Rivers rerun poll

Ahead of the rerun election in Rivers State, the Independent National Electoral Commission (INEC) has cautioned Governor Nyesom Wike against making comments that could instigate his loyalists to cause violence.

VANGUARD NEWSPAPER

Kidnapping scaring foreign investors from Nigeria —NGE

The Nigerian Guild of Editors, NGE, has expressed concern over the upsurge in kidnapping across Nigeria, which has become a national menace that is negatively impacting on the social and economic life of the country.

CAN, Labour, rights activist set for war as minister seeks waiver for Islamic Board

Anger flared in the land last night, following a strident attempt by the Minister of Education, Alhaji Adamu Adamu’s move to resuscitate the defunct Northern Nigeria Board for Arabic and Islamic Studies,NBAIS, using funds from the federation account.

EU, Clark warn against military occupation of N-Delta

The European Union, EU, has warned against the “militarization” of the restive Niger Delta region, contending that while it is necessary to punish those who break the law, military option alone is not the solution to the crisis.

THE NATION NEWSPAPER

Pakistan, Russia fighter jets set to join Boko Haram war

The Nigerian Air Force (NAF) will take delivery of war -planes and helicopters from Pakistan and Russia to boost its fleet ahead of the final push against Boko Haram insurgents, it was learnt yesterday.

The Nation wins five DAME awards

With five awards at the Diamond Awards for Media Excellence (DAME), The Nation last night confirmed its high rating in the industry.

Ooni berates Olugbo for comments on Moremi

The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, has expressed disappointment in a statement credited to the Olugbo of Ugbo in Ondo State, Oba Fredrick Obateru Akinruntan, describing the Yoruba heroine, Moremi, as a traitor.

THE PUNCH NEWSPAPER

Senate may clash with Osun assembly over bailout probe

The Senate may clash with the Osun State House of Assembly over the plan of the former to probe how Governor Rauf Aregbesola utilised N34.988bn bailout given the state by the Federal Government to pay workers’ outstanding salaries.

PUNCH wins Newspaper, Editor of the year at DAME

Nigeria’s most widely read newspaper, The PUNCH, reaffirmed its leadership position in the country’s media industry as it clinched the Newspaper of the Year Award at the 2016 edition of the Diamond Awards for Media Excellence.

Jonathan shuns 2016 thanksgiving service in Villa

Former President Goodluck Jonathan was on Sunday conspicuously absent when former Nigerian leaders who are Christians gathered at the Aso Villa Chapel located inside the Presidential Villa, Abuja for the end of the year thanksgiving.