Nigerian Newspapers: 10 Things You Need To Know Tuesday Morning

Here are the 10 things you need to know from Nigerian Newspapers this morning:

1. Private Sector Concerned About Looting of Trucks:

The organised private sector in Nigeria has raised alarm over the increasing looting of trucks carrying food and raw materials by suspected hoodlums. Gabriel Idahosa, President of the Lagos Chamber of Commerce and Industry, warned that this trend could lead to a shutdown of industries nationwide.

2. Obasanjo Suggests Seeking Zimbabwe’s Advice:

Former President Olusegun Obasanjo advised Nigeria to seek solutions from Zimbabwe to address the current high inflation rates. He highlighted Zimbabwe’s successful handling of a similar situation, suggesting that Nigeria could benefit from their experience.

3. EFCC Links Banks to Financial Crimes:

The Economic and Financial Crimes Commission (EFCC) revealed that about 70% of financial crimes in Nigeria are linked to banks. This disclosure was made during the 2023 Annual Retreat and General Meeting of the Association of Chief Audit Executives of Banks in Nigeria.

4. House of Representatives Calls for Arrest of Binance Executives:

The House of Representatives urged the arrest of top executives of Binance Holdings Limited over fraud allegations. Binance, a cryptocurrency exchange platform, was accused of manipulating the Nigerian currency, Naira, causing its devaluation.

5. Amotekun Corps Arrests Suspected Kidnappers:

The Ondo State Security Network Agency, known as Amotekun corps, apprehended 67 men for alleged involvement in kidnapping and other crimes in the state. The arrests were made in collaboration with various security agencies across different parts of Ondo State.

6. Fatal Attacks by Bandits in Benue State:

Tragic incidents involving suspected bandits led to multiple deaths, including that of a soldier, in separate attacks in Kwande and Apa Local Government Areas of Benue State. These attacks occurred over the weekend in various communities within the mentioned LGAs.

7. Fatal Accident on Zaria-Kano Expressway:

A crash involving an articulated vehicle on the Zaria-Kano Expressway resulted in 12 fatalities and left 28 others injured. The Federal Road Safety Corps attributed the accident to factors like overtaking, speeding, and overloading.

8. Minister Condemns Warehouse Looting:

Dr. Mariya Mahmoud, Minister of State for the Federal Capital Territory (FCT), denounced the looting of a warehouse at Gwagwa-Tasha as a criminal act during her assessment visit to the site.

9. Tinubu Returns from Qatar Visit:

President Bola Tinubu has returned to Abuja following a two-day State visit to Qatar at the invitation of Emir Sheikh Tamim bin Hamad Al Thani. He was warmly received by senior government officials upon his arrival at Nnamdi Azikiwe International Airport.

10. Nnamdi Kanu’s Court Case Adjourned:

The Federal High Court in Abuja postponed a fresh N1 billion suit filed by Nnamdi Kanu against the Federal Government until March 18 for a hearing. This adjournment was requested by the defence counsel due to pending service processes.