Good morning! Here are five top headlines from Nigerian Newspapers today;
1. President Bola Tinubu has asked the House of Representatives to revise the federal government’s external borrowing plan for the 2025–2026 fiscal cycle. In a letter conveyed by Speaker Abbas Tajudeen and signed by Finance Minister, Wale Edun, the President is seeking an additional $47 million for the Lagos-Calabar Coastal Highway project, bringing the total cost from $700 million to $747 million.
2. Governors elected on the platform of the ruling All Progressives Congress, APC on Wednesday night met with President Bola Ahmed Tinubu at the Presidential Villa, Abuja. The meeting which took place behind closed door is not unconnected with the coming National Executive Committee, NEC meeting of the APC on Thursday.
3. Former Minister of Transportation, Rotimi Amaechi, said yesterday that coalition leaders will fully support the African Democratic Congress’ eventual presidential candidate for the 2027 general elections. Amaechi stated this on a day the ADC, said policies being implemented by President Bola Tinubu’s administration have failed to alleviate the sufferings of Nigerians.
4. The Naira yesterday depreciated to N1,537 per dollar in the Nigerian Foreign Exchange Market (NFEM) surpassing the parallel market with a N2. But the naira appreciated to N1,535 per dollar in the parallel market from N1,555 per dollar on Tuesday.
5. The House of Representatives, on Wednesday, approved President Bola Tinubu’s request to the National Assembly, seeking approval to borrow $347m under the 2025–2026 borrowing plan. The Speaker of the House of Representatives, Tajudeen Abbas, read the President’s correspondence on the floor of the Green Chamber during Wednesday’s plenary.
