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Give Me 7 Days To Take Decision On Currency Redesign – Buhari Tells APC Governors
Give Me 7 Days To Take Decision On Currency Redesign – Buhari Tells APC Governors
President Muhammadu Buhari Friday urged citizens to give him seven days to resolve the cash crunch that has become a problem across the country from the policy of the Central Bank of Nigeria to change high value Naira notes with new ones.
Speaking to the Progressive Governors Forum who came to the Presidential Villa to seek solutions to the cash crunch which they said was threatening the good records of the administration in transforming the economy.
President Buhari said the currency re-design will give a boost to the economy and provide long-term benefits while expressing doubts about the commitment of banks in particular to the success of the policy.
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“Some banks are inefficient and only concerned about themselves”, said the President, “even if a year is added, problems associated with selfishness and greed won’t go away.”
He said he had seen television reports about cash shortages and hardship to local businesses and ordinary people and gave assurances that the balance of seven of the 10-day extension will be used to crackdown on whatever stood in the way of successful implementation.
“I will revert to the CBN and the Minting Company. There will be a decision one way or the other in the remaining seven days of the 10-day extension,” the President assured.
The Governors told the President that, while they agreed that his decision on the renewal of currency was good and they are fully in support, its execution had been botched and their constituents were becoming increasingly upset.
They told the President that, as leaders of the government and party in their different states, they were becoming anxious about a slump in the economy and the series of elections that are coming. They requested the President to use his powers to direct the concurrent flourish of the new and old notes till the end of the year.
The President said when he considered giving the approval to the policy, he demanded an undertaking from the CBN that no new notes will be printed in a foreign country and they in turn gave him assurances that there was enough capacity, manpower and equipment to print the currency for local needs. He said he needed to go back to find out what was actually happening.
President Buhari told the Governors that, being closer to the people, he had heard their cries and will act in a way that there will be a solution.
Give Me 7 Days To Take Decision On Currency Redesign – Buhari Tells APC Governors
FG Intervention Programs Aim to Benefit All Nigerians, Says Minister
Alhaji Muhammad Idris, Minister of Information, has affirmed that the Federal Government’s intervention programs are designed to benefit all Nigerians.
Speaking during a sensitization event on the Renewed Hope Agenda, President Bola Tinubu’s administration’s policy framework, in Yola on Thursday, Idris emphasized the wide-reaching nature of these programs. Represented by Rhoda Maina, Head of the Federal Information Resource Center in Yola, the minister outlined various initiatives aimed at improving citizens’ lives.
These initiatives include the disbursement of over N2.9 billion for a student loan scheme, empowerment programs, and the Digital and Creative Enterprise Program. Additional efforts focus on consumer credit, a natural gas initiative, housing, Nano business support, and the National Youth Talents Export Program.
Mr. Jonah Agye, Director of the National Orientation Agency (NOA) in Adamawa, expressed the agency’s readiness to collaborate with federal and state agencies to promote these initiatives at the grassroots level. He urged participants to spread the word in their communities and encouraged public support for government policies.
In his remarks, Mr. James Iliya, Adamawa State Commissioner for Information and Strategy, expressed gratitude to the federal government and President Tinubu for the interventions. He urged beneficiaries to make the most of these opportunities to improve their lives. Iliya also noted that Adamawa State aligns with the Federal Government’s policies to ensure its residents benefit from these initiatives.
Alhaji Idris Shuaibu, chairman of the event, commended the Federal Government’s efforts and advised those implementing the programs to ensure that they reach the most vulnerable citizens.
Peter Obi Dismisses Claims of Accepting 2027 Vice Presidential Role
Peter Obi, the Labour Party’s presidential candidate in the 2023 general election, has refuted claims that he agreed to become a vice-presidential candidate in the 2027 elections. The former Anambra State Governor addressed the issue via a series of posts on his official X account on Saturday, accusing certain groups of misinterpreting his recent interview.
Obi emphasized that his remarks during the News Central TV interview had been deliberately distorted by propagandists, and he reiterated his unwavering commitment to the Labour Party and Nigeria’s progress.
https://www.facebook.com/Ochuwa24news/videos/820328146751630
Clarifying his stance, Obi stated, “I am not focused on 2027 when Nigerians are grappling with hunger, poverty, insecurity, and other urgent challenges.” He noted that he is open to partnerships, but only with individuals whose intentions align with advancing the country, not capturing state power.
Obi further stressed that his priority is to address pressing national issues, including bringing millions of out-of-school children back into classrooms and combating poverty. He categorically denied any agreement to serve as a vice president, saying, “For the avoidance of doubt, I never stated at any time that I would be vice president to anyone.”
Despite the rumors, Obi reaffirmed his dedication to Nigeria’s development, insisting that true progress can be achieved without necessarily holding political office.
Tjay Emerges as Week 7 Head of House in BBNaija, Gains Immunity
Tjay has been crowned the Head of House (HoH) for week seven in the Big Brother Naija (BBNaija) ‘No Loose Guard’ season, becoming the second solo HoH of the competition.
The announcement followed the unpairing of housemates, marking the start of individual gameplay after weeks of competing in duos.
In the week’s challenge, housemates navigated through a maze of laser beams in the arena before transferring mini cubes from one bottle to another.
Tjay, formerly part of Team Beta with his close friend Ben, completed the task in record time, securing his position as the new HoH.
With this win, Tjay gains immunity from eviction for the week, ensuring his safety in the game as the competition heats up.
This victory comes after Onyeka became the first solo HoH in the previous week, following a string of duo HoHs, including Mbadiwe Twins and Team Ndi Nne.
As the show progresses, housemates are vying for the ultimate grand prize of N100 million, with the stakes growing higher each week.
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