Read today's newspaper headlines [Thursday, April 20, 2017]

THE GUARDIAN

Government’s N1tr income target for Insurance in 2017 unrealistic

Given the prevailing challenges in the sector, insurance operators have expressed doubts over the realisation of the Federal Government’s N1 trillion income benchmark for the industry this financial year.

Buhari fails to convene Federal Executive Council meeting

The regular Wednesday meeting of the Federal Executive Council (FEC) presided over by President Muhammadu Buhari in the Presidential Villa failed to hold yesterday as expected.

Police demolish criminal hideouts in Ishawo Creeks

Operatives of the Lagos State Police Command yesterday deployed to the riverine area of Ishawo community in Ikorodu to begin the demolition of illegal waterfront shanties within the creeks, where criminal elements hibernate to perpetrate their nefarious activities.

THE NATION NEWSPAPER

How Buhari sealed SGF Lawal’s NIA DG’s fate

President Muhammadu Buhari suspended Secretary to the Government of the Federation Babachir Lawal and National Intelligence Agency (NIA) Director-General Ayo Oke after two meetings with his kitchen cabinet, The Nation learnt last night.

Drama as Buhari suspends SGF Lawal, NIA chief

President Muhammadu Buhari yesterday ordered an investigation into the allegations of violations of law and due process made against the Secretary to the Government of the Federation (SGF), Mr David Babachir Lawal, in the award of contracts under the Presidential Initiative on the North East (PINE).

IMF okays Nigeria’s recovery Pill

The International Monetary Fund (IMF) yesterday backed the Economic Recovery and Growth Plan (ERGP) released last month by the President Muhammadu Buhari’s administration.

VANGUARD NEWSPAPER

Why weekly FEC meeting failed to hold

The weekly Federal Executive Council, FEC, meeting failed to hold, yesterday, but the Presidency said it was not planned in the first instance.

World Bank cautions Nigeria against over-borrowing

The World Bank has cautioned Nigeria and other African nations against excessive debts, urging a balance between massive spending for development on the one hand and moderation in borrowing on the other.

Court order interim forfeiture of N449.77m recovered by EFCC in a shop

A Federal High Court sitting in Lagos, yesterday, ordered an interim forfeiture of N449. 77milion recently uncovered by the Economic and Financial Crimes Commission, EFCC, in a shop at LEGICO Shopping Plaza, Victoria Island, Lagos

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THE PUNCH NEWSPAPER

Nigeria’s revenue cannot sustain interest payment on debt — W’Bank

Although Nigeria’s total current debt is relatively low compared to the Gross Domestic Product, the interest rate payment is not sustainable by current revenues, the World Bank has said

Meningitis killed 745 in 8,057 cases, says FG

The Federal Government, on Wednesday, said 745 persons had died in 8,057 suspected cases of Cerebrospinal Meningitis across the country since the outbreak of the disease.

N’Assembly panels, SANs, others hail suspension of SGF, NIA boss

Prominent individuals and eminent persons, groups, on Wednesday, hailed President Muhammadu Buhari for suspending the Secretary to the Government of the Federation, Mr. David Lawal; and the Director-General of National Intelligence Agency, Ambassador Ayo Oke.