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

1. Oronsaye Report:Akume Leads Inauguration Implementation Committee 

* Reiterates The  Exercise Was Meant to Reduce the Cost of Governance.
* Given the committee Given a 12-Week Deadline to Submit its Report.
* N’Assembly Will Support Implementation With Required Legislation -Aliero

On Thursday, President Bola Tinubu inaugurated an 11-member committee tasked with implementing the approved recommendations from the Stephen Oronsaye report on the restructuring and rationalization of government parastatals, agencies, and commissions. READ MORE https://matrixngr.com/2024/03/08/oronsaye-reportakume-leads-inaugurates-implementation-committee/

2. N1.2bn Alleged Fraud: Tinubu Suspends Rural Electrification Agency CEO, Others

President Bola Tinubu has taken decisive action following the uncovering of troubling financial irregularities within the Rural Electrification Agency (REA). Ahmad Salihijo Ahmad, the Managing Director/CEO, and three Executive Directors, Olaniyi Alaba Netufo, Barka Sajou, and Sa’adatu Balgore, have been indefinitely suspended from their positions. READ MORE https://matrixngr.com/2024/03/08/n1-2bn-alleged-fraud-tinubu-suspends-rural-electrification-agency-ceo-others/

3. Central Bank Rallies Investors as Dollar Inflow Surges to $1.3 Billion

The Central Bank of Nigeria has announced a significant surge in dollar inflows into the economy, reaching $1.3 billion in February, marking a substantial increase from previous months. Hakama Sidi Ali, the acting director of CBN Corporate Communications, revealed that this boost primarily stemmed from diaspora remittances and investments in government securities by foreign portfolio investors. READ MORE https://matrixngr.com/2024/03/08/nigerias-central-bank-rallies-investors-as-dollar-inflow-surges-to-1-3-billion/

4. River Crisis:I’m Willing to Resign for Peace in Rivers — Fubara

During a program on the African Independent Television (AIT), Rivers State Governor Similaye Fubara expressed his readiness to step down from office to restore lasting peace in the state. The political crisis, which began on October 30 last year when 23 lawmakers, led by Speaker Martin Amaewhule, moved to impeach the governor, has persisted despite interventions, including one from President Bola Tinubu in December. READ MORE https://matrixngr.com/2024/03/08/river-crisisim-willing-to-resign-for-peace-in-rivers-fubara/

5. Several Students, Teachers Feared Kidnapped In Kaduna

It was reported on Thursday morning that bandits had abducted a number of people, including students and teachers from LEA Primary School in Kuriga, Chikun Local Government Area, Kaduna state. READ MORE https://matrixngr.com/2024/03/07/just-in-several-students-teachers-feared-kidnapped-in-kaduna/

6. Hardship: Police, NEMA Put Warehouses In Lagos On High Alert Over Possible Attacks By Hoodlums

Officials and staff have been placed on red alert by the Lagos State Police Command and the National Emergency Management Agency (NEMA) due to potential assaults on warehouses and shopping centers around the state and the South-West. READ MORE https://matrixngr.com/2024/03/07/hardship-police-nema-put-warehouses-in-lagos-on-high-alert-over-possible-attacks-by-hoodlums/

7. SEC Intensifies Strategy to Reduce N190bn Unclaimed Dividends

The Securities and Exchange Commission (SEC) says it is intensifying efforts to reduce the level of unclaimed dividends in the nation’s capital market. READ MORE https://matrixngr.com/2024/03/07/sec-intensifies-strategy-to-reduce-n190bn-unclaimed-dividends/

8. Nigerian Students Beg Tinubu, Governors for Palliatives as Hardship Bites Harder

The National Association of Nigerian Students has appealed to the federal and state governments to provide palliatives for students of tertiary institutions to alleviate their suffering. READ MORE https://matrixngr.com/2024/03/07/nigerian-students-beg-tinubu-governors-for-palliatives-as-hardship-bites-harder/

9. Remi Aluko Reveals How Wizkid Changed Nigerian Music Industry

Popular Nigerian fuji musician, Remi Aluko, has claimed that award-winning singer, Ayo Balogun, popularly known as Wizkid, changed the Nigerian music industry in terms of the music economy and boosted replay value. READ MORE https://matrixngr.com/2024/03/07/remi-aluko-reveals-how-wizkid-changed-nigerian-music-industry/

10. Futsal AFCON 2024 draw confirmed

The draw for the CAF Futsal AFCON Morocco 2024 was conducted on Thursday in Rabat, Morocco. READ MORE https://matrixngr.com/2024/03/07/futsal-afcon-2024-draw-confirmed/