Newspaper headlines for Monday, April 9

Newspaper headlines for Monday, April 9

The newspaper review for Monday, April 9, focuses on the tension ahead of the All Progressives Congress (APC) National Executive Committee (NEC) scheduled for today, April 9.

Pro-Oyegun supporters have warned that there would be consequences at the APC NEC meeting if the party’s chairman is stopped from seeking re-election.

Vanguard reports that party member affiliated with the party’s national leader, Asiwaju Bola Tinubu, have however, finalised plans to remove the embattled national chairman.

Newspaper headlines for Monday, April 9

Vanguard newspaper for Monday, April 9, photo credits: Snapshot from

The newspaper stated that Odigie-Oyegun has also mobilised the support of the majority of all but one of the party’s governors in the northwest in his bid to hang on to power.

A source stated that National Working Committee (NWC) members of the party are doing everything possible to remain in office.

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“You know what it means to be a national officer in an election year, so members of the NWC cannot afford to rock the boat, they are all backing Oyegun for their return to office,” one source revealed on Sunday, April 8.

The Punch reports that there are indications that the Monday, April 9, meeting of the NEC of the APC will be stormy as the party takes a final decision on the tenure of the John Odigie-Oyegun-led national working committee.

Newspaper headlines for Monday, April 9

Punch newspaper for Monday, April 9, photo credits: Snapshot from

The newspaper stated that governors and state chairmen of the party arrived in Abuja on Sunday, April 8, ahead of the meeting.

It was reported that supporters of Odigie-Oyegun including the Kaduna state governor, Nasir El-Rufai, are mobilising support for the chairman.

The Ondo state chapter of the APC also confirmed that Governor Akeredolu backed the tenure elongation of Oyegun in line with the position of the party. The state chairman of the party, Ade Adetimehin, said the position of the party is that there should be tenure elongation for Odigie-Oyegun and other members of the national executive of the party.

“The decision of the National Executive Committee of the party is that there is tenure elongation and until that decision is reversed, it binds on all members of the party. We are meeting tomorrow (today). So as of today (Sunday), there is still tenure elongation and Akeredolu, being a loyal party man, supports the decision.

“Akeredolu is a loyal party man to the core; he always goes to where the party goes. He believes in the supremacy of the party. The issue we have on the ground is tenure elongation until tomorrow’s meeting. He (Akeredolu) supports the elongation," Adetimehin said.

This Day reports that the party’s national publicity secretary, Malam Bolaji Abdullahi, said that despite the constitutional issues around the meeting’s notice, it would go on as scheduled.

Newspaper headlines for Monday, April 9

This Day newspaper for Monday, April 9, photo credits: Snapshot from

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He said: “I don’t think there is any issue about the meeting’s notice because the Monday’s NEC is seen as a continuation of the last one held last week.

“The notice for the meeting has been given since that time because we didn’t finish the issue of constitutional amendment, the report of the committee on true federalism and all that. So the question of the constitutionality of the meeting does not even arise.”

The Nation reports that John Odigie-Oyegun has bowed to pressure from governors and party leaders to forego tenure extension.

The newspaper reported that the APC national chairman on Sunday, April 8, summoned an emergency meeting of the National Working Committee for Monday, April 9, today to draw the timetable for state congresses and national convention.

Newspaper headlines for Monday, April 9

The Nation newspaper for Monday, April 9, photo credits: Snapshot from

To business news, the governor of the (CBN), Godwin Emefiele has disclosed the approaches taken by the apex bank to deepen financial intervention in the real sector and boost economic growth.

The Guardian reports that Godwin Emefiele has listed the approaches as de-risking of bank lending to the private sector through a wide-range of credit guarantee schemes, and direct intervention initiatives in key high-impact sectors, including agriculture, micro-small and medium enterprises, manufacturing and power.

Newspaper headlines for Monday, April 9

The Guardian newspaper for Monday, April 9, photo credits: Snapshot from

He said the initiatives are essentially to ensure the flow of credit to the vital sectors of the economy. The CBN governor made the disclosure when receiving the Guardian Economic Personality of the Year award at the weekend in Lagos.

“We depended on oil sector to provide the foreign exchange needed to finance our imports. Related to this is the poor diversification of the economy and low factor productivity in key non-oil sector.

“There is the issue of an ostentatious and elitist taste for imported goods in Nigeria. But, perhaps the most important of these factors is the inadequate finance to strategic high impact and high employment multiplier sectors," he said.

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