Tag: Legislator

CBN Act: ‘Nigeria is now worse than Idi Amin’s Uganda’ – Ex-lawmaker, Olasupo

Aminu Imam

The former lawmaker, who represents Iseyin, Itesiwaju, Kajola and Iwajowa federal constituency, Olasupo Abiodun, has described Nigeria under President Muhammadu Buhari as worse than the regime of the former Ugandan despot, Idi Amin. Olasupo, who made the observation while featuring on a radio programme, said the President’s flagrant violation of the Central Bank of Nigeria (CBN) Act and other policy crisis have left Nigerians poorer. He attributed the action of the Presidency in ordering the CBN to print more than the stipulated five percent of the nation’s naira denominations as…

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Lawmaker Obanikoro wants domiciliary accounts of Nigerians shut down to save Naira

Aminu Imam

A House of Representatives member, Babajide Obanikoro, has suggested the shutdown of domiciliary accounts holding foreign currencies for Nigerians in order to protect the value of the nation’s currency, the Naira. The value of Nigeria’s naira has alarmingly declined over the past few years and is currently trading at well over N500 per dollar in parallel markets. Obanikoro in a tweet on Tuesday, stated that closing the domiciliary accounts belonging to regular Nigerians will fix the sliding value problem. “I am not the CBN Governor, but at this moment, I…

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Borno’s only female Legislator shares 318 vehicles, 1,692 empowerment tools to constituents

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By Adamu Aliyu Ngulde, Maiduguri Nigeria A female member of the Federal House of Representatives Zainab Gimba, had on Thursday distributed empowerment items to her constituents. The items distributed comprised of 118 fairly used vehicles and 200 brand new tricycles. Mrs Gimba, a first-time federal lawmaker, also distributed 800 units of sewing machines, 400 units grinding machines and 492 water pumps to women and local farmers under her constituency. She represents Bama, Ngala and Kala-Balge federal constituency of Borno state had also shared cash to bereaved families of persons killed…

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