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Good morning! Here is today’s summary from Nigerian Newspapers: Servicing debt with 90% revenue path to destruction — Tinubu

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1. President Bola Tinubu has said the country cannot continue to service its debt with 90 percent of its revenue. He noted that the country was headed for destruction should that continue. Tinubu spoke during the Annual Conference of the Nigerian Bar Association on Sunday in Abuja.

2. The Nigerian Navy has vowed to fish out, arrest, and prosecute fleeing owners of abandoned sea-going vessels arrested for alleged illegal oil bunkering activities. This is as the Navy insisted that a vessel, ‘MV Cecelia’, set ablaze by its operatives in Rivers State recently was involved in oil theft.

3. A 29-year-old South African drug trafficker, Erasmus Jean-Pierre, has been arrested in Nigeria for attempting to export 2.6kg of methamphetamine concealed in his luggage to Middle-East Asia through Nigeria. The National Drug Law Enforcement Agency said it frustrated the moves by a transnational cartel to ship drugs concealed in a pair of male slippers and a wooden drum to Indonesia.

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4. A yet-to-be-identified suspected armed robber has been beaten to death while attempting to rob a resident identified simply as Victor at Olugboso in the Agege area of Lagos State. It was gathered on Sunday that the suspect broke into Victor’s apartment at midnight and attempted to rob him of his valuables with a toy gun.

5. Two children have reportedly been killed in flood incidents that occurred at different locations at Nkwelle Awka, in Awka South Local Government of Anambra State on Friday. The deceased, who were between the ages of four and seven, were said to have lost their lives while carrying out activities around the flood plains.

6. In a display of loyalty, Edo State Deputy Governor, Philip Shaibu, has reaffirmed his allegiance to Governor Godwin Obaseki amid recent tensions. Shaibu emphasized that loyalty transcends personal ambitions, highlighting the strength of their bond. Shaibu who spoke on Sunday at the 32nd anniversary of Edo State, held at the New Festival Hall, Government House, Benin City, Edo State, described the governor as his elder brother.

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7. Atiku Abubakar, Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 general elections, has again mocked the academic records of President Bola Tinubu. Atiku, who is challenging the authenticity of Tinubu’s degree certificate issued by Chicago State University, in the United States, said the president’s academic record continues to be a major source of confusion.

8. A medical doctor, Dr Asema Msuega, who was abducted in Ukum LGA of Benue State has regained his freedom from captivity after one month. Secretary of the Benue State Nigerian Medical Association (NMA), Dr Ameh Godwin, in a statement at the weekend, confirmed the release of his abducted colleague from the captors’ den.

9. The federal government has directed that suspended chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, should be allowed access to his lawyers and family members. The Nation learnt that his lawyers and family members have been having access to him in the custody of the Department of State Services (DSS) for some weeks now.

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10. Frodd and Tolanibaj were evicted from the ongoing Big Brother Naija All-Stars reality show on Sunday night. The show’s host, Ebuka Obi-Uchendu, announced it during the live eviction show. So far, five housemates have been evicted from the reality TV show.

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Some varsity students kidnapped by gunmen have been rescued, says Kogi government

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The Kogi state government says some students abducted from the Confluence University of Science and Technology (CUSTEC) Osara have been rescued.

 

The government said the kidnappers “succumbed to superior firepower and escaped with gun wounds”. 

 

On May 9, gunmen invaded the university and abducted students who were preparing for their examinations.

 

The state government had said nine students were missing after the attack.

 

Usman Ododo, governor of Kogi, had visited the institution and assured parents of his commitment to rescue the students.

 

Ododo had also said closed circuit television (CCTV) cameras installed in the school were switched off on the night of the attack.

 

In a statement issued on Sunday, Kingsley Fanwo, information commissioner, said some of the students have been rescued by a joint team of security operatives and hunters.

 

Fanwo did not release the specific number of students rescued.

 

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William Aya, police spokesperson in Kogi, told TheCable on Sunday morning that 14 students have been rescued.

 

“This is to inform the general public that some of the students abducted by gunmen at the Confluence University of Science and Technology, Osara have been rescued safely by local hunters and other security agents,” the statement reads.

 

“Local vigilante men and security agents engaged the kidnappers in a fierce shootout and the kidnappers succumbed to superior firepower and escaped with gun wounds, leaving the kidnapped students who also ran in different directions to avoid being caught up in the fire exchange.

 

“Many of the students kidnapped and even other people in captivity have been rescued and taken to medical facilities for proper attention, while many others were also rescued in the early hours of today.”

 

He said a hunter and DSS operative sustained injuries during the firefight with the kidnappers, adding that they are receiving medical attention.

 

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Fanwo said security agents are “currently combing the forests” to rescue the remaining students in captivity.

 

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29 Generals retire from Nigerian Army

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Twenty-nine generals of the Infantry Corps of the Nigerian Army have retired from active military service.

 

Of the 29 retired infantry officers who pulled out of active service at the Jaji Military Cantonment in Kaduna State on Friday, 19 were major generals, and 10 were brigadiers general.

 

Among them is Major General Victor Ezugwu, who spoke on behalf of the retirees. He said the war against terrorism banditry will end if the proposed establishment of army aviation succeeds and the night fighting capabilities of the army infantry corps are improved.

 

As the threats to Nigeria’s sovereignty are becoming asymmetric in time and space, Ezugwu admonished serving officers and soldiers to be proactively way ahead of the enemies in all aspects of unfolding combat scenarios.

He also urged their successors to not only sustain the modest strategic, operational, and tactical achievements made but also to surpass them.

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“The frontline is expanding and the Nigerian Army is becoming increasingly committed with the eyes of the nation and the world on it,” he said.

“Our Infantry Corps must therefore not relent or rest on her oars as the entire Nigerian Army depends largely on the Infantry Corps to achieve its core mandate and mission.

 

“I admonish the Infantry that as the threats to Nigeria’s sovereignty are becoming asymmetric in time and space, you must be proactively way ahead of our adversaries in all aspects of the unfolding combat scenarios,” he added.

 

While calling on the Infantry Corps to review some of its tactical and operational strategies in the areas of night fighting capabilities, and frontline intelligence gathering on enemy activities, Ezeugu advised the corps to strengthen basic field crafts training in the areas of aggressive fighting patrols to dominate at least 5 km radius of their locations, ambushes, listening and observation posts as well as all levels of battle drills.

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Tinubu’s tax reforms not to frustrate Nigerians — Shettima

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Vice President Kashim Shettima says Nigeria’s tax reforms under the administration of President Bola Tinubu is targeted at improving the system for the overall benefit of all Nigerians.

He said contrary to speculations in some quarters, “we are not here to frustrate any sector of our economy but to create an administrative system that ensures the benefits of a thriving tax system for all our citizens.”

The Vice President, represented by the Special Adviser to the President on General Duties (Office of The Vice President), Aliyu Moddibo Umar, spoke on Saturday at the close-out retreat of the Presidential Fiscal Policy and Tax Reforms Committee held at the Transcorp Hilton, Abuja.

According to a statement by his spokesman Stanley Nkwocha, the Vice President explained that the policy thrust of the Tinubu administration’s tax reforms, pointing out that the dynamics of the nation’s fiscal landscape prompted the Tinubu administration to pause and reconsider the direction it was going.

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“Our aim remains the revitalisation of revenue generation in Nigeria while sustaining an investment-friendly and globally competitive business environment,” he noted.

 

While expressing confidence in the ability of the committee to deliver on the mandate, the Vice President emphasised the significance of the task ahead, noting that “we are gathered today because we are transitioning from the phase of proposal in the operations of this committee’s work to the phase of implementation.

 

“I am confident that both the federal and state governments stand ready to ensure the effective implementation of your reform proposals, and we shall provide the institutional framework to guarantee the adoption of the consensuses of this committee, aligning them with our economic agenda,” he added.

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