Good morning! Here is today’s summary from Nigerian Newspapers:

1. President Bola Tinubu will on Thursday (today) hold a closed-door meeting with state governors at the Aso Rock Villa, Abuja, to proffer solutions to the economic crisis in the country. The meeting is expected to be held before the President’s departure to Ethiopia for the African Union meeting.

2. The indebtedness of Nigeria’s power sector to electricity generating companies and gas producers has risen to about N3.3tn, the Federal Government declared on Wednesday. It also revealed that subsidy on electricity for 2024 would gulp about N3tn, whereas only N450bn was budgeted for this purpose in this year’s budget, adding that it was now very difficult to sustain power subsidy.

3. A Kwara State Magistrate’s Court sitting in Ilorin on Wednesday ordered that the 13 suspects charged with the alleged murder of the Olukoro of Koro in Ekiti local Government Area of the state, Oba Olusegun Aremu-Cole, be remanded at a Federal Correctional Service facility in Ilorin, the state capital.

4. Rivers State Police Command has said one of its men identified as Inspector Michael Odey involved in an act of extortion has been dismissed. Similarly, it disclosed that two other operatives involved in the act had been queried and recommended for dismissal according to established procedures.

5. The Lagos State Red Line Rail project is set to be commissioned in a few weeks by President Bola Tinubu. The governor of the state, Babajide Sanwo-Olu, disclosed this on Wednesday.

6. President Bola Tinubu on Wednesday departed Abuja for Addis Ababa, the Ethiopian capital, to participate in the 37th Ordinary Session of the Assembly of the African Union (AU) Heads of State and Government. This was disclosed in a statement by his Special Adviser on Media and Public, Ajuri Ngelale.

7. The House of Representatives, Wednesday, decried the constant attacks and killings in some communities in Benue State and urged the police and all relevant security agencies to carry out in-depth investigation into the periodic attacks to bring the perpetrators to justice. The House also urged the Federal Government to deploy more surveillance to the boundary communities affected by the incessant attacks.

8. The National Working Committee, NWC, of the Labour Party, LP, has suspended the party’s National Treasurer, Oluchi Opara for asking the National Chairman, Julius Abure, to account for N3.5 billion party funds. The party’s National Publicity Secretary, Obiora Ifoh announced this while addressing reporters at the LP secretariat on Wednesday in Abuja.

9. Bayelsa State Governor, Douye Diri and his deputy, Lawrence Ewhrudjakpo, on Wednesday, took the oath of office for a second term in office. The ceremony, which was held at the Samson Siasia Sports Complex in Yenagoa, the state capital, attracted dignitaries from across the country.

10. Operation Safe Haven, OPSH, said troops of the command, operating under HAKORIN DAMISA IV, have discovered a gun factory in a building in Pakachi Village of Mangu local government area of Plateau State. The spokesperson for the operation, Captain Oya James, disclosed this in a statement on Wednesday.
https://www.otowngist.com/2024/02/nigerian-newspapers-10-things-you-need-to-know-thursday-morning/