The PUNCH: Barring last-minute changes, the Peoples Democratic Party Governors Forum and the Minister of the Federal Capital Territory, Nyesom Wike, may be heading for a showdown as the party’s National Working Committee meets on Wednesday. Governance in Rivers State has been partially affected for months due to the ongoing political conflict between Wike and Governor Siminalayi Fubara, both of whom are PDP members.
Vanguard: Nigeria’s downstream petroleum industry may have gone into a frenzy, following clear indications that the Federal Government may no longer sustain the cost of under-recovery, otherwise known as subsidy, due to a the steady rise in petrol import bills.
The Nation: Investors in Nigeria’s maiden foreign currency-denominated domestic bond will receive their allotments on Friday. This follows the conclusion of proposal for the $500 million bond by the Federal Government and its professional parties. Market sources yesterday said the bond, which closed on Friday, will be formally issued one week after. It is technically known as settlement.
Daily Trust: Boko Haram terrorists were said to have killed many villagers, mainly farmers, and set houses and shops ablaze at Mafa village in Tarmuwa Local Government Area of Yobe State on Sunday. Security agencies confirmed the attack yesterday, but could neither give the details of the attack nor confirm the casualty figures.
