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Find out what is making headlines all over the country from the covers of The Punch, Vanguard, The Guardian and more.

For today, May 10 2016:


VP, Dickson, Kachikwu meet over renewed militant’s attacks on pipelines
Vice President Yemi Osinbajo, yesterday held two separate meetings ‎over the recent blowing up of pipelines conveying crude oil and gas and threatening the operations of two of the nation’s refineries and power plants. READ MORE

‘Leaders should be concerned about Nigeria’s underdevelopment’
Akwa-Ibom State governor, Udom Emmanuel, has challenged Nigerian political leaders to mobilize the population towards making the country a developed economy. In this interview with a group of reporters in Lagos, the governor who expressed dismay about the stunted growth of a nation endowed with huge human and natural resources, however added that his state is already doing the needful to correct the anomaly. READ MORE

Government set to deregulate oil sector as scarcity persists
There are indications that the Federal Government will abandon its price modulation policy this week and embrace deregulation in order to allow private marketers resume importation and sell at profitable margins. READ MORE


N4bn cash: Fani-Kayode must refund N840m, EFCC insists
THE Economic and Financial Crimes Commission, yesterday, questioned the spokesman of Goodluck Jonathan Campaign Organisation for hours, asking him to return the N840 million he allegedly received for the prosecution of the Presidential election last year. READ MORE

Militants plan fresh bomb attacks
WARRI—Rampaging militant group, Niger-Delta Avengers,NDA, said, yesterday, it had concluded plans to attack installations in Lagos, Abuja, Port Harcourt and Calabar. READ MORE

Dariye still wanted in UK, London Police tells court
The Metropolitan Police Service, London, UK, yesterday, told an Abuja High Court sitting at Gudu that the former governor of Plateau State, Joshua Dariye, who is now a serving senator, was still wanted in the United Kingdom over his alleged involvement in money laundering. READ MORE


N2.5b bazaar: EFCC quizzes Fani-Kayode over N840m share
Former Minister of Aviation Femi Fani-Kayode yesterday appeared before the Economic and Financial Crimes Commission (EFCC) for preliminary grilling on the N2.5billion illegally withdrawn from the Central Bank of Nigeria (CBN) and paid into the accounts of six chieftains of the Peoples Democratic Party (PDP) and the Goodluck Support Group (GSG). READ MORE

Fuel price may go up
NIGERIANS should brace for new petrol prices, with the Federal Government deregulating the downstream sector of the oil industry. READ MORE

Ex-military administrator held for N450m polls bribe
The Economic and Finacial Crimes Commission (EFCC) last night confirmed the arrest of a former Military Administrator of Akwa Ibom State, Air Commodore Idongesit Nkanga( rtd), for collecting about N450million from the N23.29billion ($115m) poll bribery cash. READ MORE

Attacks put Nigeria oil output at 22-year low
A series of attacks on oil infrastructure in the Niger Delta has pushed Nigeria’s output of crude close to a 22-year low, according to Reuters data, putting intense pressure on the country’s finances. READ MORE


Nigeria least prepared in OPEC for higher oil price regime
Nigeria appears to be the least prepared among OPEC countries to take advantage of a higher oil price regime, should prospects for the global market continue to improve as has been the case in the last three weeks, analysts say. Blighted by consistent policy failure on the part of  government,  and the resultant drying up… READ MORE

60 manufacturing sub-sectors suffer as FG fails to plan
Despite governnment’s avowed commitment to diversifying the Nigerian economy, 60 manufacturing subsectors are bleeding as a result of  the absence of clear plans to rejuvenate them. Some of these 60 subsectors that have no clear-cut policy directives, include pharmaceuticals, paper and pulp, paint and varnishes, flour/wheat, ceramics, biscuits and bakery products, vegetables and palm oil,… READ MORE

Military says ready for oil rig vandals, as stakeholders condemn carnage, preach caution
The defence headquarters (DHQ)  has vowed to contain the resurgence of militant activities in the Niger Delta region. The determination is coming on the heels of the bombing  of an oil facility by a group that goes by the name Niger Delta Avengers. Speaking in an exclusive telephone conversation with BusinessDay,the   director of Defence… READ MORE

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