Read today's newspaper headlines [Tuesday, October 11, 2016]

For today, October 11, 2016:

THE GUARDIAN NEWSPAPER

Government expects N20b from sale of presidential jets

Not less than N20 billion (about $50 million) is expected by the Federal Government from the sale of two out of the 10 airplanes in the presidential fleet.

CJN condemns judges’ arrest

The Chief Justice of Nigeria (CJN), Mahmud Mohammed, has condemned the arrest of judges by the Department of State Services (DSS), describing the development as deeply distressing.

Made-in-Nigeria products, key to diversifying economy, says President

President Muhammadu Buhari has said that the promotion of Made-in-Nigeria products lies at the heart of his government’s efforts to lead the country out of troubled times and lay a firm foundation for the future.

THE VANGUARD NEWSPAPER

Crackdown on judges sad, regrettable – CJN Chief Justice of Nigeria, Justice Mahmud Mohammed, yesterday, described the arrest and detention of two Justices of the Supreme Court and two High Court Judges by the DSS as very “saddening, regrettable and distressing” and urged Nigerians to remain calm and prayerful. He said the National Judicial Council, NJC, will hold an emergency meeting today to comprehensively look into the matter.Sultan disowns killer herdsmen, calls for their arrest, prosecutionThe Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar III, a Fulani, Monday distanced himself from killer herdsmen, and called for their arrest and prosecution.

Niger Delta militants’ objective is to colonize Nigeria economically – BuhariFollowing the frequent bombings and destruction of oil and gas installation in the Niger Delta region, President Muhammadu Buhari has said that the intention of the militants allegedly behind the attacks was to colonize Nigeria economically.

THE NATION NEWSPAPER

Banks in credit crisis, says report

Some banks may have been experiencing a “full-blown financial crisis” due to a cash crunch arising from “failed fiscal and monetary policies”, according to a report.

FUTA workers’ protest against VC, bursar persists

Workers of the Federal University of Technology, Akure (FUTA), yesterday, continued their demonstration against the continuous stay in office of the Vice Chancellor, Prof. Adebiyi Daramola and Bursar, Emmanuel Oresegun.

Southwest PDP seeks chairmanship slot in reconciliation deal

THE Peoples Democratic Party (PDP) in the Southwest yesterday called for zoning of the chairmanship to the region, as reconciliation efforts take off between the party’s two factions.

THE PUNCH NEWSPAPER

There’s hunger, starvation in the land, northern leaders tell Buhari

Northern leaders gathered on Monday in Kaduna, the Kaduna State capital and told President Muhammadu Buhari to work harder at fixing the nation’s economy because there was hunger and starvation in the land.

We got N13m from ransom paid for Emefiele – Soldiers

Two soldiers, Lance Corporals Musa Maidabra and Edwin George, serving at 122D30 Regiment in Maiduguri, Borno State, have been arrested for transporting the ransom that was paid for the release of the wife of the Central Bank Governor, Margaret Emefiele.

Kidnappers of Lagos pupils give families 48-hour ultimatum

As four pupils, a teacher and a vice-principal of Lagos Junior Model College, Igbonla, Epe, Lagos State, spend five days in captivity, the kidnappers have given their families 48 hours to pay the ransoms placed on them.

THE BUSINESSDAY NEWSPAPER

Nigeria budget gap widens in H1 on slumping oil output

Nigeria’s budget gap widened in the first half of the year as Africa’s largest economy managed to raise only 55 percent of its revenue target in the first six months of 2016, the budget minister said on Monday.

Nigerians applaud mission, fault approach in judges’ arrest

Ahead of today’s emergency meeting of the National Judicial Council (NJC), members of the legal profession are holding their breath over what may be the outcome of this meeting which is being held at the behest of the Chairman of the NJC and Chief Justice of Nigeria, Justice Mahmud Mohammed.

GE confirms interest in $2bn Nigerian rail

General Electric (GE) confirmed its a “keen interest” in acquiring a Nigeria railway concession project worth around $2 billion, the U.S. company said on Monday.