₦airaland Forum

PRESIDENT BUHARI ASKS FOR 7 DAYS FOR A MAJOR DECISION ON CURRENCY REDESIGN

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. “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.


GARBA SHEHU

Senior Special Assistant to the President

Media and Publicity

February 3, 2023

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Record in Portugal: “Enzo Fernandez had threatened to make a video accusing Benfica’s structure if his move to Chelsea did not materialize.”

GloriousGbola:
It is not an unpopular opinion. It is something a lot of people suspect but will not say out loud. The government has seen what happened in Lebanon and in other places where there was a run on the national currency.

Our balance sheet is in the red and the real value of our currency is worth next to nothing (apologies to Prof. Soludo) the pressure on the naira is much, so government wanted to do something to save the economy from imminent collapse by limiting physical cash transaction but we don't have the adequate infrastructure to implement the policy.

According to Record in Portugal, when Chelsea offered a player for Enzo Fernandez, Benfica requested Mateo Kovacic - it was flat out rejected.

BlueRayDick:
Have u seen videos of tech content creators complaining bitterly about the fact that u can’t even pay for the hardware and subscription with ur naira debit card ? That is because most Nigerian banks ave suspended international transactions on their naira Mastercards as a result of scarcity of forex.

I really do not know what Buhari is celebrating here. Maybe if u do, please share with us.

OK.

We are delighted that Starlink services have been deployed in Nigeria, making us the first African country — and the only one so far — to enjoy this rollout. With this deployment of Starlink, we now have 100 percent broadband penetration in Nigeria. President Muhammadu Buhari

In Portugal, Enzo averaged a division-high 10.4 accurate long passes per 90.

In UCL group stage, he was 2nd only to Kroos for successful long passes.

At the base of Potter’s midfield, he will look to provide a stream of long diagonal passes towards the flanks.
Enzo will be expected to lay a better platform for the team from the middle third. His distribution can unlock the potential of Chelsea's attacking threats.

He can also produce match-changing moments with his own shots. Out of possession, he's hard-working, aggressive & mobile. (Premier League

Rui Costa: "Enzo is an extraordinary player. Would he lose value at Benfica by the end of the year? We tried everything to make him realise that at the end of the season it wouldn’t just be Chelsea showing up! We were never able to convince him."
"We tried everything to keep him, even a salary increase. That proposal was made for him to stay. The proposal that the player had was completely unfeasible, even half of it. We realise that financially powerful clubs have the ability to entice the player in another way."

Potter on Enzo: “He’s a fighter. He’s got courage, he’s not afraid, he’s open-minded. If you’re playing as the No. 6 for Argentina and you’re playing the big games he’s played in at his age, and with the quality he’s shown, it’s not straightforward to have those attributes.”

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Chelsea are considering a new striker for the summer, Ivan Toney and Dusan Vlahovic are high on the list.

Victor Osimhen is also under consideration.

(
@siphillipssport
)

William Gallas on Badiashile: "I think he can form a strong partnership with Thiago Silva. Technically, he is really good. He has a presence and is very calm with the ball at his feet. He has a good left foot and is very composed. All the ingredients are there."
"I want to see how he responds to a physical challenge. When he has to go one against one with a good opponent. At Monaco, his weakness was his physicality - he struggled against bigger opponents in France."

Chelsea’s owners see this spending as a 5-10 year project where this is all capital investment and value of club will double.

They are willing to go as big for the next two years - so expect much more.

-
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Please note that resumption is immediate.

Midfield was identified as one area worth strengthening by the new owners, yet Thomas Tuchel disagreed. He considered Chelsea well-stocked there. Signing defenders was his main target as well as strengthening attack. The newly appointed recruitment team at Chelsea identified fast wingers and a progressive midfielder as the primary targets for the winter window.
-
@TomRoddy_
/
@DuncanCastles

Any practicing Northerner is an extremist according to some of you if this doesn't reeks of stereotyping and dangerous labeling then I don't know what to call it. You guys are quick to play the ethno-religious cards albeit subtlety but you accuse others of the same crime you're guilty even in cases where that isn't the case.
May good triumph over evil, and truth over falsehood.

Enzo Fernández’s skillset is so wide. He can play out of pressure in the 1st phase & build moves from the back.He can carry the ball up the pitch.He can pierce a block by passing thru the lines or over the top.He wins his duels.His stamina is immense. He’s a midfield all-rounder. Premier League Panel

Even in my absence I'm still chopping rewards off the efforts of slanderers. Is there any reward for good other than good?

Starlink is now available in Nigeria – the first African country to receive service! → http://starlink.com/map

“If Chelsea wants to keep Felix then no problem with agreement with Atleti, he absolutely loves it at Chelsea, likes the atmosphere and team” (
@FabrizioRomano

@onamp
)

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Electricity is fairly constant here on the average there is 18hrs of supply where I stay.

Zubayr bin al-Awwām (radiyallaahu anhu) said:

Whoever is able to have for himself a righteous action (he kept) secret, then let him do so. Al-Zuhd of Abee Dawood (2/362).

Translated by Abū ‘iyād Amjad Rafiq

Imam al-Ajurri رحمه الله said:

"Do not be sad over knowledge that was beyond your grasp. Be sad over knowledge that you have but do not act upon."

[Akhlaq al-'Ulama, p. 116]

larride:
Na only INEC fit answer that question because total votes were more than accredited votes in those polling units.

Both INEC lawyers and Adeleke lawyers actually agreed that overvoting took place, Adeleke lawyers only challenged the spread of the overvoting.

I always laugh at people who think with BVAS rigging can't be done by desperate politicians, heck even in US we heard of manipulation of electoral results by Russian hackers.

BREAKING: Tribunal sacks Adeleke as Governor. Source: Vanguard

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https://twitter.com/DeinmoweiEzi/status/1618637633625948160?t=UlswlGFvDUGIwewwL5goSg&s=19

Non-PVC holders were blocked from accessing
Electrical Dealers Association of Nigeria, EDAN, the electrical market section of the Alaba International Market, Lagos State

The officers of the market reportedly blocked Non-PVC holders from entering the section of the market, in a bid to make sure people get their PVC, to enable them participate in the forthcoming presidential election.