Nigerian Newspapers: 10 things you need to know this Sunday morning

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Good morning! Here is today’s summary from Nigerian Newspapers: 1. The Federal Government has approached the World Bank for a fresh loan of $400m for the conditional cash transfer to 15 million households as one of the measures to cushion the effects of petrol subsidy removal on Nigerians. The fresh amount will bring to $1.

2bn the amount that the FG is borrowing from the World Bank for the cash transfer programme, as it had earlier secured a loan of $800m for the same purpose. 2. The National Publicity Secretary of the Labour Party, Obiora Ifoh, has disclosed that Thursday’s defection of the senator representing Anambra South, Ifeanyi Ubah, to the All Progressives Congress, poses no threat to the party.

President of the African Development Bank , Dr Akinwumi Adesina, has said corruption is not an African problem but a crisis ravaging the globe including Europe. He noted that while corruption is high in the financial and economic sectors of Europe, places like Eritrea in East Africa have zero percent corruption. 7.

 

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