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

1. Economic Hardship: FG Swings Into Action

* To Begin Distribution Of Rice, Beans, Garri, Maize, Others This Week Nationwide-Minister
* Urges Nigerians To Back Tinubu’s Government In Its Quest To Address Challenges Facing The Country
* Shettima Laments, Says Tinubu Government Facing Challenging, Difficult Task Of Fixing Nigeria

As part of moves by the Federal Government to cushion the biting economic hardship experienced by Nigerians, the Federal Government will begin the distribution of grains including Rice, Garri, Beans, Millet, sorghum, maize, others nationwide this week. READ MORE https://matrixngr.com/2024/03/05/economic-hardship-fg-swings-into-action/
2. Herbert Wigwe Nite Of Tributes:

* Dangote Bursts Into Tears As Ex Access Bank GCEO Begins Final Journey Home
* Cardoso, Edun, Sanwo-Olu, Adesina, Others Shower Eulogies On Wigwe

An emotional Aliko Dangote could not hold back the tears when the funeral rites for the late Group Chief Executive Officer (CEO) of Access Holdings Herbert Wigwe began in Lagos State on Monday. READ MORE https://matrixngr.com/2024/03/05/herbert-wigwe-nite-of-tributes/

3. Relief to Importers As CBN Slashes Customs FX Duty Rate by 5.3%
[/b]The Central Bank of Nigeria (CBN) has announced a further reduction in the exchange rate used to calculate customs duties at Nigerian seaports. This move, implemented on March 4th, 2024, aims to address concerns over high import costs and fluctuating exchange rates impacting businesses. READ MORE https://matrixngr.com/2024/03/05/relief-to-importers-as-cbn-slashes-customs-fx-duty-rate-by-5-3/

[b]4. Expanding Nigeria’s Energy Options To Compressed Natural Gas Will Create Jobs, Wealth For Country- FG

The Federal Government of Nigeria has emphasized the significance of expanding Nigeria’s energy options to include Compressed Natural Gas (CNG), highlighting its potential to generate additional employment and wealth for its citizens. READ MORE https://matrixngr.com/2024/03/05/expanding-nigerias-energy-options-to-compressed-natural-gas-will-create-jobs-wealth-for-country-fg/

5. Again, Court Adjourns Nnamdi Kanu’s N1bn Suit Against FG, DSS Over Violation Of Fundamental Human Rights

A Federal High Court in Abuja, on Monday, again adjourned a fresh N1 Billion suit filed by leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, against the Federal Government until March 18 this year for hearing. READ MORE https://matrixngr.com/2024/03/05/again-court-adjourns-nnamdi-kanus-n1bn-suit-against-fg-dss-over-violation-of-fundamental-human-rights/

6. CBN Says Investors Oversubscribed its N1 Trillion OMO Bills

The Central Bank of Nigeria says it has successfully concluded the sale of government securities after issuing N1.053 trillion ($680 million) in short-term instruments. READ MORE https://matrixngr.com/2024/03/05/cbn-says-investors-oversubscribed-its-n1-trillion-omo-bills/

7. We Did Not Ban Movements of Food Items to Other States – Gov Bago Clarifies

 Gov. Umar Bago of Niger State has clarified misconceptions regarding the state’s stance on the mass purchase of food items from the state to other states in the country. READ MORE https://matrixngr.com/2024/03/05/we-did-not-ban-movements-of-food-items-to-other-states-gov-bago-clarifies/

8. Peter Obi Likens War-Torn Ukraine Donating Food To Nigeria As A National Disgrace

Peter Obi, the presidential candidate of the Labour Party (LP) in the 2023 general election, has described the donation of 25,000 metric tonnes of wheat by war-torn Ukraine to Nigeria as a national disgrace. READ MORE https://matrixngr.com/2024/03/04/peter-obi-likens-war-torn-ukraine-donating-food-to-nigeria-as-a-national-disgrace/

9. It hurts you had to suffer from pain before you passed – Rita Edochie pays tribute to Mr. Ibu

Actress Rita Edochie has shared her last encounter with Mr. Ibu before the comedian’s death.
Edochie, via her Instagram page, stated how hurtful it is to receive the sad news of the veteran actor’s death, knowing how he suffered so much and groaned painfully before his exit. READ MORE https://matrixngr.com/2024/03/05/top-10-stories-across-nigerian-newspapers-tuesday-morning-march-05-2024/

10. Manchester United refused playing friendly match at Lagos stadium – Odegbami

Former Super Eagles captain, Segun Odegbami, has revealed how Manchester United refused to play a friendly match at the Teslim Balogun Stadium, Lagos, Nigeria. READ MORE https://matrixngr.com/2024/03/04/manchester-united-refused-playing-friendly-match-at-lagos-stadium-odegbami/