The PUNCH: Nigeria’s total public debt may hit N118.37tn in the next three years, findings by The PUNCH have shown. The figure was based on analysing Nigeria’s current debt profile and the debt projections in the Medium Term Expenditure Framework and Fiscal Strategy Paper 2024-2026.
The Guardian: Steady free-fall of the naira value to dollar has registered new odd records in the air transport sector, with aviation fuel now almost N1000/litre and operators cum travel agencies in a pricing dilemma. Across both local and international segments of the sector, the rate of N1200/$1 in the open market and almost 400 per cent surge in price of aviation fuel are threatening to double already high airfares – and further shrink the air travel market.
Vanguard: President Bola Tinubu and his antagonists-Alhaji Atiku Abubakar, Mr Peter Obi and the Allied Peoples Movement, APM, will resume the battle for the presidency, today, at the Supreme Court as Tinubu’s aides and the main opposition Peoples Democratic Party, PDP, expect favourable ruling at the apex court.
Daily Trust: Foreign and domestic airlines have disagreed on the plan by the federal government to stop multiple entry points for the former. While domestic airlines are complaining that the decision to allow foreign airlines to operate in more than one airport in Nigeria is killing their businesses, their foreign counterparts have challenged them to build their own capacity.
