Good Morning Naija! Here are the top stories found in the Nigerian Newspapers this Tuesday morning September 12th, 2023.

1. The Central Bank of Nigeria (CBN) issued a directive on Monday, as conveyed in a letter dated September 11, 2023, signed by Haruna Mustafa, Director of the Banking Division Department. The directive explicitly instructs commercial banks to refrain from utilizing their foreign exchange revaluation gains for dividends and operational expenditures. This directive takes immediate effect.

The directive from the CBN carries significant implications for commercial banks, as it restricts the use of foreign exchange revaluation gains for specific purposes. Compliance with this directive is expected to be closely monitored, ensuring adherence across the banking sector.


2. The National Assembly Election Petition Tribunal in Jos, Plateau State, made a declaration on the Plateau South senatorial district election on Monday. The tribunal ruled in favor of the Minister of Labour and Employment, Simon Lalong, nullifying the election of Napoleon Bali, the candidate of the Peoples Democratic Party (PDP). The nullification was based on grounds of invalid nomination.

The tribunal’s verdict regarding the Plateau South senatorial district election underscores the legal intricacies of electoral processes and the implications of invalid nominations in political contests.


3. President Bola Tinubu and the President of the United Arab Emirates (UAE), Mohamed bin Zayed Al Nahyan, reached a significant agreement in Abu Dhabi on Monday. This agreement resulted in the lifting of the visa ban that had been placed on Nigerian travelers. The announcement of this development was made by Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, in a statement.

The bilateral agreement between President Tinubu and the UAE President represents a diplomatic breakthrough that carries implications for Nigerian travelers and international relations between the two nations.


4. The National Assembly Election Petition Tribunal sitting in Umuahia, Abia State, rendered a verdict on Monday that resulted in the removal of three House of Representatives members from their positions. Ibe Okwara Osonwa, Emeka Nnamani, and Munachim Alozie, all representing the Labour Party (LP), were sacked based on the arguments presented by the petitioners.

The tribunal’s decision to remove three House of Representatives members underscores the significance of legal challenges in the political landscape and their potential impact on elected officials.


5. Another tragic boat accident occurred in Adamawa State on Monday, marking the third deadly incident in just eight days. The incident, which took place in Kwatan, Fufore Local Government Area, resulted in the loss of 11 lives. According to a resident, Mallam Adamu, the bodies of the victims were retrieved from the water.

The recurring boat accidents in Adamawa State highlight the urgency of ensuring safety measures and regulations are in place for water transportation to prevent further loss of lives.


6. Federal Capital Territory (FCT) Minister, Nyesom Wike, conveyed President Bola Ahmed Tinubu’s confidence in his ability to effectively manage the affairs of the nation’s capital. During a meeting with staff members of the FCT Administration on Monday, Wike also cautioned contractors responsible for rehabilitating 135 roads and civil engineering services against contract variations.

The FCT Minister’s statement about President Tinubu’s trust and his warning to contractors underscores the importance of effective governance and project management in the nation’s capital.


7. A longstanding boundary dispute between Ijiegu-Yache community of Yala Local Government Area in Cross River State and Mbaaka community of Konshisha Local Government Area in Benue State escalated on Monday. Tragically, seven individuals, predominantly young people, are feared to have lost their lives in the ongoing conflict, which began on Sunday. The total death toll from the clash now stands at 10 people.

The ongoing boundary dispute and loss of lives between the two communities in Cross River and Benue States underscore the need for peaceful conflict resolution and security interventions in affected areas.


8. A security personnel identified as Samuel Adeniyi faced remand at the Kirikiri Correctional Centre on Monday following allegations of smashing the head of his girlfriend, Morolake Sunday, with a sledgehammer in the Lekki Phase 1 area of Lagos State. Magistrate Patrick Nwaka of the Yaba Magistrate’s Court ordered the 33-year-old’s remand on one count of murder.

The incident involving Samuel Adeniyi’s alleged assault and the subsequent legal action highlights the importance of addressing cases of domestic violence and ensuring the rule of law.


9. Gunmen suspected to be bandits launched an attack on Kulben community in Mangu Local Government Area of Plateau State, resulting in the tragic loss of 10 lives. The assailants, who arrived on Sunday night around 10 pm, also left several houses belonging to the villagers destroyed before fleeing the community.

The attack on Kulben community in Plateau State underscores the ongoing security challenges in certain regions and the need for swift responses to protect lives and property.


10. A Federal High Court in Port Harcourt, Rivers State, issued a verdict on Monday, resulting in the conviction and sentencing of a former Special Adviser to Dan Abia, the erstwhile Managing Director of the Niger Delta Development Commission, George Turnah, and two others to six years imprisonment. The conviction was based on charges of obtaining money under false pretense.

The court’s decision to convict and sentence George Turnah and the others highlights the legal consequences of obtaining money under false pretense and underscores the pursuit of justice in such cases.


SOURCE:
https://kokonews.com.ng/2023/09/12/top-stories-in-nigerian-newspapers-this-tuesday-morning-2/