Good morning! Here is today’s summary from Nigerian Newspapers:
1. The Presidency has set September 3, 2026, for the proposed state police executive bill to be presented to President Bola Tinubu for review as part of a seven-week timetable for developing the legal framework. Chairman of the Presidential Working Group on the National Policing Bill, Femi Gbajabiamila, disclosed this on Monday after the inaugural meeting of the committee at the State House.
2. Osun State Governor, Senator Ademola Adeleke, on Monday, appealed to President Bola Ahmed Tinubu to play the role of the father of the Nation and ensure that the August 15 governorship election in the state is free, fair and credible. He spoke during his campaign rally at Olorunda Local Government in Osogbo, the state capital.
3. The National Economic Council, NEC, has approved the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new US$4.5 billion facility, named Project Gazelle 2. The approval allows NNPC Limited to refinance the outstanding balance of approximately $1.5 billion under the original 2023 facility, while unlocking an additional $3 billion in liquidity to strengthen the country’s external reserves.
4. The Naira on Monday appreciated to N1,408 per dollar in the parallel market from N1,415 per dollar last weekend. Likewise, the naira appreciated to N1,365 per dollar in the Nigerian Foreign Exchange Market, NFEM.
5. The embattled Director-General of the controversial Presidential Foreign Investment Promotion Council, PFIPC, Mr. Adeniyi Matthew Adeyemi, has asked the House of Representatives to issue an administrative clearance to allow him testify in the investigative
