Newspaper Headlines: FG seeks fresh $400m World Bank loan for cash transfer to households

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Reports on the fresh loan request of $400 million by the federal government from the World Bank dominated the cover pages of Nigerian newspapersThe Punch reports that the federal government has approached the World Bank for a $400m loan for the conditional cash transfer to 15 million households. The newspaper says the Nigerian Bar Association has met with Lateef Fagbemi, attorney-general of the federation, over poor remuneration of judges at all levels.

THISDAY reports that the Nigerian National Petroleum Company Limited has begun buying petrol via cash tenders, rather than oil swaps. The newspaper says stakeholders in the Peoples Democratic Party have commenced consultations with members of the G5 group to get their support for the planned move to ensure Bukola Saraki becomes the party’s next national chairman.

 

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