Good morning! Here is today’s summary from Nigerian Newspapers, October 16, 2024:

1. Indications emerged on Tuesday that Ambassador Umar Damagum, the acting National Chairman of the Peoples Democratic Party (PDP) has been offered an opportunity to step down from his position next week. It was gathered that the decision was reached by the party’s governors yesterday in Akure, the Ondo State capital.

2. Operatives of the Imo State Police Command have dismantled a notorious armed robbery syndicate terrorising residents of Owerri North LGA of the state. The police spokesperson, Henry Okoye, in a statement on Tuesday, said the breakthrough was a result of enhanced security measures initiated by the Commissioner of Police, Aboki Danjuma, targeting violent crimes, especially at night.

3. Governors elected on the platform of the main opposition Peoples Democratic (PDP) have nullified the suspension of the acting National Chairman of the party, Illiya Damagum. The governors have also nullified the suspension of the National Publicity Secretary, Debo Ologunagba and the National Legal Adviser, Kamaldeen Ajibade, SAN.

4. Oil marketers have said that the volume of Premium Motor Spirit, popularly called petrol, produced by the Dangote Petroleum Refinery is currently not enough to meet domestic demand. Based on this, dealers are to import the commodity to augment the supply from the $20bn Lekki-based plant, the marketers stated on Tuesday.

5. The naira has been listed among the worst-performing currencies in Sub-Saharan Africa in 2024. This is according to the latest edition of Africa’s Pulse, a new report by the World Bank.

6. The Martin Amaewhule-led Rivers State House of Assembly and the faction loyal to Governor Siminalayi Fubara have initiated a fresh round of crisis in the state. On Tuesday, the Amaewhule faction declared the seats of four of their colleagues loyal to Fubara vacant.

7. The Federal Government has dismissed reports claiming that the United Kingdom endorsed a petition submitted by Yoruba Nation agitator, Sunday Adeyemo, popularly known as Sunday Igboho. The petition, which called on the UK government to consider the creation of a Yoruba nation, was submitted at 10, Downing Street, London, last week.

8. The Economic and Financial Crimes Commission on Tuesday arrested a radio host, Favour Ekoh, in connection with an alleged N700 million Ponzi scheme. The anti-graft agency accused Ekoh, who anchors the “Prime Time” programme on Urban Radio 94.5FM in Enugu State of luring unsuspecting investors into a fraudulent investment scheme, promising exorbitant returns.

9. Officials of the Lagos State Environmental Sanitation Corps, also known as KAI, on Tuesday, arrested 20 suspected miscreants terrorising the Oshodi area of the state. The state Commissioner for Environment and Water Resources, Tokunbo Wahab, disclosed this in a terse message shared on his X.com page on Tuesday.

10. The Federal Government, through the Transmission Company of Nigeria, says it would investigate the cause of the multiple power grid collapses that occurred on Monday and Tuesday. This was as the Minister of Power, Adebayo Adelabu, said there was nothing like a grid collapse but a trip-off.

SOURCE: DAILY POST