Newspaper review: Gov builds hotel with $3m Paris Club refund cash as NASS passes 2017 budget

Newspaper review: Gov builds hotel with $3m Paris Club refund cash as NASS passes 2017 budget

Everyday there is always so much making the rounds all over the media. However, not every story gets to make the front page.

The unstable state of the nation at this time, creates a situation in which only the most striking of stories make the headlines.

Below are the front page stories of the dailies for this Friday, May 12.

We begin with The Nation which bears the headline: "Governor builds hotel with $3m Paris Club refund cash"

Newspaper review for Friday, May 12

Newspaper review for Friday, May 12

Detectives have traced $3million of the controversial London-Paris Club loan refund to a governor, The Nation learnt on Thursday.

The cash is believed to be part of the N19billion illegally deducted from the refund by the Nigeria Governors Forum (NGF), according to Economic and Financial Crimes Commission (EFCC) sources.

The Guardian bears the headline: "Northern elders vow to defend Buhari's presidency"

Newspaper review for Friday, May 12

Newspaper review for Friday, May 12

The Northern Elders Forum (NEF) yesterday vowed to resist any move to undermine the current administration on account of President Muhammadu Buhari’s ill health.

READ ALSO: After saying Buhari treats him like a son, FFK deals Osinbajo dirty blow

Besides, the forum backed “genuine” restructuring of the nation, adding that the north was never at any time opposed to the move.

The warning may have been informed by some developments at the seat of power, Aso Rock, which the group described as “attempts to exploit the absence of the president to achieve dubious political goals.”

One of these goals is suspected to be the restructuring of the polity.

The Punch bears the headline: "Some released Chibok girls need surgery, says FG"

Newspaper review for Friday, May 12

Newspaper review for Friday, May 12

The Federal Government, on Thursday, said some of the schoolgirls released by Boko Haram militants over the weekend would need surgery for various ailments.

The Minister of Women Affairs and Social Development, Hajiya Jummai Alhassan, who said this at a press conference in Abuja, stated that the girls were undergoing treatment that would take a few weeks to complete.

Vanguard carries the headline: "At last, NASS passes N7.441trn 2017 budget"

Newspaper review for Friday, May 12

Newspaper review for Friday, May 12

The National Assembly, yesterday, passed the 2017 Appropriation Bill of N7.441 trillion, which represented an increase of N143 billion from what was presented last December by President Buhari.

The increase in expenditure came with a significant mark up in the benchmark crude oil price to $44.5 per barrel from the N42.5 per barrel proposed by the president.

However, the National Assembly maintained the daily crude oil production of 2.2 million barrels, and exchange rate of N305 to $1 as proposed by the president.

This Day joins the budget discuss with the headline: "Finally, National Assembly Releases Its Budget Details, Passes FG’s Spending Bill"

Newspaper review for Friday, May 12

Newspaper review for Friday, May 12

Faced with pressure from the public, which remained unrelenting for years, and in keeping with its promise this year to do so, the National Assembly, on Thursday, finally released a 33-page document detailing the line-by-line expenditure of its budget for 2017.

The National Assembly’s budget was increased by N10 billion to N125 billion, from the N115 billion proposed by the executive.

Also, the legislature passed the 2017 Appropriation Bill for the year, with an increment of N143 billion to N7.441 trillion, from the executive’s proposal of N7.298, five months after President Buhari submitted the federal government’s spending bill.

The document containing the details of the legislature’s budget was made available on the twitter handle of the Nigerian Senate @NGRSenate.

Under its budget, N85.8 billion was assigned to total overhead costs, N23.7 billion for personnel costs and N14.9 billion for capital projects.

The sum of N9.6 billion was also proposed for legislative aides of the 469 lawmakers in the Senate and House of Representatives.

Meanwhile, Nigerians are still reacting to the latest medical tour taken by President Muhammadu Buhari.

Recall that the president left just after the release of 82 Chibok girls. Nigerians have aired their views on the developments surrounding the president's health.

Below is a NAIJ.com video in which the thoughts of Nigerians are captured.

Source: Naij.com

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