Nigerian newspaper review for June 6: Nigeria's yearly stolen funds equals 62% of 2019 budget

Nigerian newspaper review for June 6: Nigeria's yearly stolen funds equals 62% of 2019 budget

The headlines of mainstream Nigerian newspaper of Thursday, June 6, are focused on the meeting presidency had with power companies over electricity crisis, the report that put Nigeria's yearly stolen funds at 62% of the annual budget, Atiku's dilemma in the face of the delay in replacing Justice Zainab Bulkachuwa, among other top stories.

The Punch reports that the presidency has met with electricity distribution companies in order to resolve issues surrounding the bad power supply in the country.

READ ALSO: Atiku weighs options as election petition tribunal slows down

Prior to the meeting, the Chief of Staff (CoS), Abba Kyari, had meetings with Disco, the Ministry of Power, Works, and Housing, the Nigeria Bulk Electricity Trading Plc, and the Bureau of Public Enterprises.

Punch newspaper review of June 6
Punch newspaper review of June 6
Source: UGC

The Guardian reports that the money stolen from Nigeria yearly accounts for about 62% of the funds needed to finance the country's 2019 budget.

Amidst this stolen fund is the continued decline of the education sector as about 23,000 lecturers leave the continent annually.

Guardian newspaper review of June 6
Guardian newspaper review of June 6
Source: UGC

Vanguard reports that the former defence minister, Lt General Theophilus Danjuma (rtd); former military governor of Rivers state, General Zamani Lekwot (rtd); and Chief Solomon Asemota (SAN) have informed the United Kingdom Parliament that President Muhammadu Buhari was pursuing an Islamisation agenda and not serious about addressing the various insecurity issues in the country.

They approached the UK under the aegis of Nigerian Christian Elders Forum (NCEF) which also has General Joshua Dogonyaro (rtd), Justice Kalajine Anigbogu, Elder Matthew Owojaiye, Dr Kate Okpaleke and Elder Moses Ihonde, as members.

Vanguard newspaper review of June 6
Vanguard newspaper review of June 6
Source: UGC

This Day reports that the presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, is considering options on how to get the Court of Appeal to go ahead with hearing the petition challenging Buhari's victory at the February 23 presidential poll.

It should be noted that the petition suffered delay on Wednesday, May 22, when the court's president, Bulkachuwa, stepped down as the head of the court based on conflict of interest.

ThisDay newspaper review of June 6
ThisDay newspaper review of June 6
Source: UGC

The Nation reports cases involving politicians in the country have been transferred to the Code of Conduct Bureau (CCB) with the effort of the Special Presidential Investigative Panel for Recovery of Public Property (SPIP).

The SPIP chairman Okoi Obono-Obla on Wednesday, June 6, said that the individuals involved in the case got properties which were beyond their legal earning.

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The chairman identified the former Senate president David Mark, Senator Stella Oduah, Senator Hope Uzodinma, Senator Peter Nwaoboshi; Senator Albert Bassey and a director in the Federal Ministry of Power, Works and Housing, Ibrahim Musa Tumsah as those involved.

The Nation newspaper review of June 6
The Nation newspaper review of June 6
Source: UGC

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