Day: February 1, 2023

H/Reps approve Buhari’s N1tr loan request

Aminu Imam

…Defers decision on N22.7tr extra-budgetary spending The House of Representatives has approved the request by President Muhammadu Buhari to secure an additional N1 trillion loan from the Central Bank of Nigeria, (CBN). The loan will be used to fund the 2022 supplementary Budget. The lawmakers approved the request yesterday, following the consideration and adoption of the Committees on Finance, Banking and currency, and Aids, Loans and Debt management. The House, however, deferred the request to securitise the N22.7 trillion Ways and Means loans, pending “further engagement with the executive by…

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“Increasing fake news threatening Feb. 25 polls” – FG

Aminu Imam

The Federal Government, yesterday, warned that increasing fake news pose a great danger to the successful conduct of February 25 presidential and national assembly elections. Minister of Information and Culture, Lai Mohammed, who stated this at the 21st session of the President Muhammadu Buhari Scorecard Media Series in Abuja, said there is an increase in the dissemination of fake news, which he blamed on the opposition. The Minister further stated that, “With about three weeks to the Presidential and National Assembly elections on Feb. 25th, I can say, unequivocally, that…

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2023: “We will flush out APC in Kaduna” — Makarfi

Aminu Imam

One-time Chairman of the National Caretaker Committee of the People’s Democratic Party (PDP), Senator Mohammed Ahmed Makarfi has said the opposition People’s Democratic Party (PDP) is now in a vantage position to flush-out the el-Rufa’i-led All Progressives Congress (APC) government in the State at the forthcoming elections. Senator Makarfi, who is the former governor of the State between 1999–2007, noted that the present APC in the State has nothing to offer. According to Senator Makarfi, it was based on this premise that he decided to remain at home to trash…

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Naira Redesign: “Banks will accept old currency notes after deadline” – Emefiele

Aminu Imam

The Central Bank of Nigeria (CBN) yesterday assured the members of the public that nobody will lose money, as deposit money banks will continue to accept old Naira notes after its deadline for the currency swap. The CBN Governor, Godwin Emefiele, gave the assurance in Abuja, during an interactive session with the House of Representatives ad-hoc Committee on the Currency Redesign and Naira swap policy. Recall that the CBN on Sunday extended the deadline for the phase-out of old naira notes by 10 days from January 31, 2023 to February…

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ISWAP distributes old Naira notes free to commuters on Borno highway

Aminu Imam

Some suspected members of the Islamic State of West Africa Province (ISWAP) have distributed huge amounts of old Naira notes to scores of commuters in the Lake Chad Basin, ahead of the deadline of the Central Bank of Nigeria’s (CBN) for the Naira currency swap. According to a resident, Bakura Ibrahim, the insurgents positioned themselves under a tree and stood by the roadside with bags of old naira notes. He said; “We left Monguno at about 12 noon; as we approached Mairari, there were no existing checkpoints in the area,…

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Buhari rebuffs APC Governors’ bid to delay currency rebranding timelines

Aminu Imam

A team of four State Governors of the ruling All Progressives Congress (APC) and their presidential candidate appear to have failed in their bid to persuade President Muhammadu Buhari to significantly alter the timelines for the on-going replacement of three sets of the national currency, the Naira. The governors, including those from Katsina, Plateau and Kebbi, and joined by their party’s presidential candidate, Asíwájú Bola Ahmed Tinubu, reportedly traveled to Daura, Katsina State, to meet the President last week. Their primary objective was to persuade the President to move the…

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2023: “Emilokan has spiritual meaning; don’t joke with Tinubu” – Primate Ayodele 

Aminu Imam

The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has said Nigerians should pay close attention to the ruling All Progressives Congress, (APC), Bola Tinubu’s famous word: “Emilokan” because it has a deep spiritual manifestation. Ayodele explained that Nigerians joke a lot with the pronouncements of the APC presidential candidate because they don’t have an idea of what it means spiritually. In an issued statement by his spokesman, Oluwatosin Osho, Ayodele, cautioned Nigerians against taking Tinubu for granted. He said, “Don’t joke with the chances of the APC; Don’t…

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2022 Corruption Index: ‘Nigeria, other sub-Saharan nations most corrupt globally’ – Transparency Int’l

Aminu Imam

Nigeria and other sub-Saharan countries have bottomed the latest (2022) Corruption Perception Index (CPI) report by Transparency International. According to the report, which was released yesterday, there has not been much progress in the fight against corruption under President Muhammadu Buhari’s administration in the last year, maintaining last year’s 24, out of 100 points. The sub-Saharan Africa region also took a setback, from 33 points average score last year to 32, underlying the deepening corruption crisis across the region as it relates to the cost of living, recovery from the…

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Emir of Dutse, Nuhu Sanusi, is dead

Aminu Imam

The Emir of Dutse, in Jigawa State, Nuhu Muhammad Sanusi, has died at the age of 78. The Emir’s son, Hameem Nuhu, who confirmed his death, said the first-class monarch died at Cedercrest Hospital in Abuja, yesterday evening. Born in 1945, at Yargaba village in Dutse, the capital of Jigawa State, Dr. Sanusi attended Dutse Elementary School from 1952 to 1956. After his post primary education, he obtained a National Certificate in Education, (NCE), from the Ahmadu Bello University (ABU) Zaria, and later a Bachelor of Science (B.Sc) and a…

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