Here’s a look at the major stories making front-page news in Nigerian national newspapers on Tuesday, November 12, 2024.
The PUNCH: The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured a landmark agreement with Dangote Petroleum Refinery, allowing IPMAN to lift products directly from the refinery. This arrangement, according to IPMAN’s National President, Abubakar Garima, will make fuel more accessible and affordable for Nigerians. The agreement was announced during a press briefing in Abuja following an IPMAN National Working Committee meeting.
Vanguard: Consumer purchasing power continues to decline in Nigeria, with manufacturers reporting a 357.57% rise in unsold finished products by the second half of 2024 (H1’24), totaling N1.24 trillion. This is a significant increase compared to N271 billion recorded in H1’23, reflecting the economic strain faced by consumers and producers alike.
Daily Trust: With the Ondo State governorship election approaching this Saturday, reports suggest that political parties are attempting to influence voters through distribution of food items and other goods. Local communities have received staples like rice, noodles, maize, and fertilizers as part of these last-minute efforts to sway the electorate.
That’s a wrap on today’s review. Join us again tomorrow for another look at the top stories in Nigerian newspapers.
