The main headlines of mainstream Nigerian newspapers of Monday, June 3, are focused on the race for Senate presidency, President Muhammadu Buhari's second term cabinet, meeting of the Peoples Democratic Party over 9th National Assembly leadership among others.
The Nation reports that Senators Ahmed Lawan and Mohammed Ali Ndume have increased the tempo of their campaigns ahead of the Senate presidency for the ninth National Assembly to gain the confidence of their colleagues.
According to a source in Lawan's camp, Lawan Campaign Organisation has been making efforts to convince more senators and senators-elect to support Lawan for Senate presidency.
The source said the efforts had been yielding “tremendous results”.
A source close to Ndume said the latter was “moving steadily” to get more senators onto his side.
This Day reports that Nigerians are expecting President Muhammadu Buhari to appoint his ministers and aides as he returned to the country from Makkah, Saudi Arabia, where he attended a meeting of the Organisation of Islamic Cooperation (OIC).
A lawyer told This Day that all aides President Buhari appointed in his first tenure had ceased to be in office by the condition of service in their letters of appointment.
The lawyer said: "Anyone acting on behalf of the president now without a fresh letter of appointment does so unlawfully."
Vanguard reports that huge debts incurred by their predecessors may affect the ambitious plans of state governors, especially 12 of them who are first timers.
As of December 31, 2018, the 36 states and the Federal Capital Territory are indebted to the tune of N3.853 trillion. The debt stock figure for Katsina state was N30.853bn as of December 31, 2017. The N3.853 trillion debt excludes bonds raised by the states and foreign states.
Lagos is owing N530.244 billion, while Imo state is owing N98.782 billion. Ogun state has a debt of N98.717 billion, Bauchi is owing N92.367 billion, Oyo state has a debt of N91.516 billion, while Adamawa is owing N89.659 billion.
According to the Punch, there would be a meeting of the leadership of the Peoples Democratic Party (PDP) this week to determine the candidates to support for the leadership of the ninth National Assembly.
Members of the party’s National Working Committee led by its national chairman, Prince Uche Secondus; lawmakers-elect for the Ninth National Assembly; outgoing principal officers of the eighth National Assembly who are members of the party and some selected members of the party’s National Executive Council are expected to be at the meeting.
A party source said: “The party’s national leadership will carry everyone along in the decision-making concerning the issue."
The Guardian on its part reports that President Muhammadu Buhari's slow decision-making process could once again impede his second term in office and endanger the economy.
A source close to the presidency said: “Baba’s way is taking things gradually. But I don’t think it would take long like before. There is a need to prove a point this time around, coupled with the criticisms against him and the condition of the economy. For now, it’s not clear whether he will speak on it this week."
Recalling that it took President Buhari six months to set up his cabinet in his first term in office, the chief executive officer of Cowry Asset Management Limited, Johnson Chukwu, said: “It was more of a dark moment, as there was no fiscal policy direction to boost activities. The development caused investment reversals, while potential inflows were kept on the sidelines against perceived uncertainties. The hiatus, in an already high-speed growing economy, was a key reason behind the high-level economic headwinds that culminated in recession. We cannot afford it this time.”
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