Top news items in major Nigerian media outlets

The following are news highlights in major Nigerian media outlets on Wednesday.

-- The lack of coordination between the nation's fiscal and monetary authorities has become manifest as the Central Bank of Nigeria on Tuesday refused to cut interest rate, as suggested by the Minister of Finance Kemi Adeosun.

The minister had on Monday called on the central bank to lower interest rate so that the government could borrow domestically to boost the economy without increasing debt servicing costs. (Vanguard)

-- To take the country out of economic recession, the Nigerian Senate has 14 proposals for the Executive.

The upper legislative chamber on Tuesday said the Executive arm of government should note that "when people are desperately hungry, what they need is leadership with a clear vision; leadership whose daily actions reflects the very urgency of the people's condition." (The Guardian) Endit