2023: President Buhari pledges to leave legacy of inclusive growth, financial inclusion

…As World Bank charges FG to stop relying on foreign funds President Muhammadu Buhari has expressed the determination of his administration to leave a legacy of inclusive growth through financial inclusion, when his tenure ends on May 29, 2023. This was as the Central Bank of Nigeria, CBN, has set a new target to achieve 95 per cent financial inclusion by 2024 to ensure that every Nigerian has access to financial services. Consequently, the Federal Government has launched a revised National Financial Inclusion Strategy, which would provide direction for financial…

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Emefiele explains why foreign reserves dried up

…Says forex earnings into it dipped from $3bn to zero  The official foreign exchange receipt from crude oil sales into Nigeria’s official reserves has dried up steadily from above US$3.0 billion monthly in 2014 to an absolute zero dollars today, governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has revealed. He disclosed this at the 57th annual Bankers Dinner, organised by the Chartered Institute of Bankers of Nigeria, CIBN, in Lagos at the weekend. He noted that the Nigerian foreign exchange market is in the middle of a…

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2023: “I will name, prosecute oil thieves” – Atiku promises

The presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar, has said that a hiding place will cease to exist for oil thieves and their accomplices no matter how highly   placed in the country, if he takes power in 2023. Atiku made his pledge yesterday in Lagos, when he interacted with a broad spectrum of corporate Nigeria, under the aegis of ‘Business Dialogue Stakeholders Forum’, which was held at Eko Hotel. Among the doyens of industry at the session were: Aliko Dangote, Jim Ovia, Femi Otedola, Tony Elumelu, Herbert Wigwe…

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2023: “Tinubu’s age is what his mum declared it to be”– Gbajabiamila 

Speaker of the House of Representatives, Femi Gbajabiamila, has taken a jab at those asking questions about the age of the presidential candidate of the All Progressives Congress, APC, Asiwaju Bola Ahmed Tinubu.  Speaking at the rally for Tinubu and Kashim Shettima in Lagos yesterday, Gbajabiamila, in apparent reference to the controversy over Tinubu age declared that “his age is what his mother said he is”. “And if they are in doubt about his age, they should go and meet his mother to reconfirm”, the Speaker said. Recall that Tinubu’s mother, Alhaja…

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Agric sector yet to reach potential despite CBN’s N1tr – NBS 

The National Bureau of Statistics, NBS, has revealed that the agricultural sector continues to struggle despite the massive intervention in the sector. According to NBS latest GDP report, the agriculture sector grew by only 1.3% in real terms, during the third quarter of 2022. Although this is an increase of 0.12% points from the corresponding period of 2021, and an increase of 0.14% points from the second quarter, the expectations for the sector remains a far cry from expectation. The agricultural activities measured by the NBS include crop production, livestock,…

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2023: ‘APC political bandits seized Buhari from Nigerians’, SDP alleges

The Social Democratic Party, SDP, has accused the ruling All Progressives Congress, APC, of targeting Prince Adebayo Adewole, its (SDP) presidential candidate for the 2023 election. Addressing the press in Abuja on Friday, the Director-General of the SDP Presidential Campaign Council and former Minister, Solomon Dalung, also described President Muhammadu Buhari as the number one victim of kidnap, because according to him Nigerians can no longer have access to their President. The SDP, which is one of the oldest political parties in the country, also called on Nigerians to vote…

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Crude Oil theft: PANDEF, N/Delta stakeholders commend Tompolo’s pipelines security firm

The regional body of the South-South, pan-Niger Delta Forum, PANDEF, along with other stakeholders of the region, have commended ex-militant leader, Government Ekpemupolo, alias Tompolo, and his pipelines security firm, Tantita Security Services Nigeria Limited, for doing a great job.  Speaking yesterday, at Port Harcourt, Rivers state, the National Publicity Secretary, PANDEF, Ken Robinson, applauded Kyari for recognising the efforts of Tompolo in securing oil pipelines awarded to his company. Robinson noted that the problem Tompolo and others were drafted to solve would not have escalated to the point of…

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2023 Guidelines: INEC bans campaigns in places of worship, cautions parties against use of abusive words

Ahead of the 2023 general elections, the Independent National Electoral Commission (INEC) has released its guidelines for the conduct of political activities. The Commission, in a six-page document, titled: “Conduct of Political Rallies, Processions and Campaigns”, prohibited the use of abusive language and hate speech as well as campaigns and political rallies in places of worship. It also stated that no person attending a political rally, procession or campaign should be in possession of any offensive weapon. The only people authorised to carry arms at such events, according to INEC, are…

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President Buhari mourns passing of veteran journalist Bashir Baba

…Says his contributions remain indelible President Muhammadu Buhari has expressed deep sadness over the death of veteran journalist Bashir Mohammed Baba, describing him as “a dedicated broadcaster who had made a name for himself by dint of sheer hard work and commitment to excellence”. Reacting to the demise of the journalist yesterday, President Buhari said that “Bashir Baba had distinguished himself in his chosen profession and therefore deserves the accolades being poured on his good record. “Whatever we do in life, we should do it so well; because ultimately, our…

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2023: INEC lists guidelines for conduct of political rallies

…Demands 10 days notice; warns parties, donors on donations exceeding ₦50m Ahead of the 2023 general election, the Independent National Electoral Commission, INEC, has published guidelines for the conduct of political rallies and campaigns as well as election expenses of parties, candidates and aspirants. According to the guidelines for rallies and campaigns, in an issued statement released yesterday by the Commission, political parties “must issue in writing a notice to the Commissioner of Police of the State or the Federal Capital Territory (FCT) indicating the exact venue and time of…

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