Read today's newspaper headlines [Tuesday, December 8, 2015]

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

For today, Wednesday, December 2:

THE NATION

It's rape of democracy, says Sylva as INEC stops poll

Another electoral logjam surfaced yesterday - courtesy of the Independent National Electoral Commission (INEC), which failed to conclude a governorship election. READ MORE...

Ooni gets staff of office amid tributes, jubilation

At a colourful ceremony attended by an army of dignitaries, the Ooni of Ife, Oba Adeyeye Babatunde Enitan Ogunwusi Ojaja II, yesterday received his staff of office from Osun State Governor Rauf Aregbesola. READ MORE...

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VANGUARD

FG proposes N6trn expansionist budget for 2016

The Federal Government, yesterday, unveiled 2016 budget proposal of N6 trillion, allocating 30% of the budget to capital expenditure.

NNPC to be split into 2 companies

The Federal Government has broken up the controversial Petroleum Industry Bill into different versions and is proposing splitting the Nigerian National Petroleum Corporation, NNPC, into two companies - the Nigerian Petroleum Assets Management Company (NPAM) and a National Oil Company (NOC) that would be run on commercial lines and partly privatised.

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THE GUARDIAN

Buhari differs with Senate on Social Media Bill

In what looked like a major public disagreement with the Senate over the controversial Social Media Bill before the Senate, President Muhammadu Buhari yesterday reiterated the commitment of his administration to protection of free speech in keeping with democratic tradition. READ MORE...

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THE PUNCH

More troubles for Nigeria as oil slides to $40

As the global oil benchmark Brent crude on Monday fell to its lowest level in almost seven years, Nigeria and other countries that rely on oil revenues will take further beating amid supply glut in the market, experts have said.

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BUSINESS DAY

Govt pegs oil benchmark at $38 per barrel for 2016

The Federal Government on Monday pegged the benchmark oil price for the 2016 budget at $38 per barrel with an estimated daily outpu of 2.2 million barrels, in a new three-year expenditure framework- the first in President Buhari's administration, and subject to National Assembly approval.