Good morning.  Here is today’s summary from Nigerian Newspapers:

1. Press Freedom Day: Calls For Journalists’ Safety, Protection Resound

* SERAP, NGE Call For Review Of Cybercrime Act, Other Repressive Laws
* Say Tinubu, Govs, FCT Minister Must Now Genuinely Uphold Press Freedom
* FG, Govs Highlight Importance Of Press Freedom

As Nigerian Journalists joined their counterparts from the rest of the world to celebrate the 2024 World Press Freedom Day, calls have gone out for the safety and protection of Nigerian journalists.

2. Poor Power Supply: NERC Unbundles TCN

* To Transfer Market, System Operation To Newly-Established NISO

In a move to address the poor power supply challenges facing Nigeria’s electricity sector, the Nigerian Electricity Regulatory Commission (NERC) has unbundled the Transmission Company of Nigeria (TCN) and ordered it to transfer all market and system operation function to the newly established Nigerian Independent System Operator of Nigeria Limited (NISO).

3. IOCs Propose Divestment Of 26 Oil Blocks Of 8.211m Barrels Reserves To Local Coys

International Oil Companies (IOCs) operating in the Nigerian energy ecosystem have proposed the divestment of 26 oil blocs with 8.211 million barrels of oil reserves to indigenous companies, The Matrix has gathered.

4. How Mass Palliatives Purchase By FG Is Fuelling Food Inflation- Cardoso

Olayemi Cardoso, the Governor of the Central Bank of Nigeria has identified the mass purchase of foodstuffs by the government as palliatives as one factors fueling the rising food inflation in the country.

5. Amid Outcry, Customs Hikes Import Duties FX Rate To N1,441/$1, Higher Than Official Rate

For the second time in May 2024, the Nigeria Customs Service (NCS) has adjusted the foreign exchange (FX) rate for import duties, this time, to N1,441/$1.

6. Yahaya Bello: Court Halts Contempt Charges Against EFCC Boss

Temporary reprieve may have come the way of Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission (EFCC) as the Court Of Appeal in Abuja has ordered the stay of proceedings in the contempt charge instituted by Yahaya Bello, former Kogi governor, against him.

7. Emefielegate: EFCC Files Additional Evidence As Court Adjourns Trial Till May 9

In a bid to allow the defence team of embattled former Central Bank of Nigeria, CBN, Governor, Godwin Emefiele to study the additional proof of evidence submitted by the Economic and Financial Crimes Commission (EFCC), the Ikeja Special Offences Court, on Friday, adjourned the case until May 9, 2024.

8. Fresh Trouble For Matawalle As Protesters Storm EFCC HQ, Demand His Probe Reopened

Former Zamfara State Governor, Bello Matawalle appears to have ran into fresh trouble as protesters from his state on Friday occupied the entrance to the headquarters of the Economic and Financial Crimes Commission, EFCC.

9. D'banj Drops ‘Since 04’ To Mark 20 Years On Stage, Hails Mo Hits Group

Highly celebrated Nigerian pop star Oladapo D’Banj’ Oyebanji, popularly known as the Koko Master has released a brand new single, “Since ’04,” to celebrate the start of his career 20 years ago.

10. Thomas Tuchel On Man United’s Radar To Replace Erik Ten Hag

Thomas Tuchel is on a list of managers under consideration at Manchester United should the club decide to part company with Erik ten Hag.

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