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 Politics / Re: Please Forgive Tinubu, Withdraw Your Case In Chicago - APC Chieftain Beg Atiku by Gjrich(m): 10:12am On Sep 26, 2023 |
Can somebody tell Bola Tinubu to resign and save himself and Nigerians from International disgrace and embarrassment. 2 Likes |
| Politics / Re: Tinubu Is A Master Strategist; What He Has Is More Than A Ph.D - Reno Omokri by Gjrich(m): 10:06am On Sep 26, 2023 |
JAMO84:
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| Politics / Please Forgive Tinubu, Withdraw Your Case In Chicago - APC Chieftain Beg Atiku by Gjrich(m): 10:01am On Sep 26, 2023 |
Please forgive Tinubu, withdraw your case in Chicago to save Nigeria from shame, APC chieftain begs Atiku. It is important that we plead with Atiku to drop that case and not allow us wash our dirty linens in the public. A youth leader of the All Progressives Congress, Hyde Kalu has asked the presidential candidate of the Peoples Democratic Party and former Vice President of Nigeria, Atiku Abubakar to drop his case pursuing the validity of President Bola Tinubu’s educational qualifications in the United States. The APC youth leader in Abia State said that the call becomes necessary, “because the issue is already generating negative attention to Nigeria across the globe, and Atiku should save the country this embarrassment.” Kalu, in a press statement sent to the media on Monday, said that “it is quite unfortunate that the pride of Nigeria has been dragged to a point of ridicule in the comity of nations.” He thus pleads with Atiku to discontinue the litigation in the United States and allow the judiciary in Nigeria to decide the post election dispute arising from the 2023 presidential election. He said, “Atiku is a statesman, and it is not in contention that he has the love of Nigeria at heart. “I am sure that no Nigerian is happy with the way our country has been subjected to ridicule over the court ruling in the United States “For the love of this country and to spare Nigerians the shame of how this process may end, it is important that we plead with Atiku to drop that case and not allow us wash our dirty linens in the public. “We are all patriots, and I believe that we can have a decent way of handling this matter and save Nigerians the shame of this impending embarrassment. “The election has come and gone, and a president has emerged. We are all humans, and that is why I am pleading with Atiku to discontinue the case in America for the sake of the country and in consideration of the friendship between him and President Tinubu,” Kalu said. It will be recalled that Judge Jeffrey Gilbert of a Chicago Magistrate Court had asked the Chicago State University to testify under oath in a discovery of President Tinubu’s academic records at the university, and the president caused an emergency appeal to the ruling citing “severe and irreparable damage” to him if the order of the magistrate court was granted. Atiku is contesting the declaration of President Tinubu as the winner of the February 25 presidential election and one of the grounds of his appeal is that the president forged the document of his academic record that was submitted to the Independent National Electoral Commission (INEC).
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| Politics / Re: Atiku Insisting On Tinubu’s Certificate To Expose Identity Fraud–. Obaseki. by Gjrich(m): 11:12pm On Sep 25, 2023 |
Throwback: Fake academic documents submitted under oat attract jail term, Tinubu knows, and you are ignorant, that's why he is appealing. 4 Likes 1 Share |
| Politics / Re: Atiku Insisting On Tinubu’s Certificate To Expose Identity Fraud–. Obaseki. by Gjrich(m): 11:10pm On Sep 25, 2023 |
osigiepurr: This is my first time of seeing a graduate with 1st class, refusing to show his academic record. There's something fishy. |
| Politics / Re: Atiku Insisting On Tinubu’s Certificate To Expose Identity Fraud–. Obaseki. by Gjrich(m): 10:34pm On Sep 25, 2023 |
Throwback: Will you please shut up! Tinubu is a public servant who is currently living la vida loca with taxpayers money. All this is afforded to him by the office which he now occupies. An office that has sacrosanct educational requirements. How are we being told that we should ignore the fact that NOBODY knows the secondary and primary schools Tinubu attended because his admission at CSU covers that. And when we then turn to ask for his academic records at CSU we're being told to respect his privacy? Are you people mad? 12 Likes 2 Shares |
| Politics / Re: Today The Chicago Court Begins The Release Of Bola Ahmed Tinubu by Gjrich(m): 10:26pm On Sep 25, 2023 |
Cooldowntemper:
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| Politics / Re: True Situation Tinubu Certificate Saga by Gjrich(m): 10:25pm On Sep 25, 2023 |
BOSSkesh:
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| Politics / Re: President Tinubu’s Chicago University Saga: Putting The Records Straight- Bello by Gjrich(m): 10:24pm On Sep 25, 2023 |
VikingKing:
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| Politics / Re: CSU Certificate: Save Us Members Of APC Of Inflicted Shame, Eze Counsels Tinubu by Gjrich(m): 10:23pm On Sep 25, 2023 |
Throwback:
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| Politics / Re: CSU Certificate: Save Us Members Of APC Of Inflicted Shame, Eze Counsels Tinubu by Gjrich(m): 10:22pm On Sep 25, 2023 |
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| Politics / Atiku Insisting On Tinubu’s Certificate To Expose Identity Fraud–. Obaseki. by Gjrich(m): 10:18pm On Sep 25, 2023 |
Atiku Insisting On Tinubu’s Certificate To Expose Identity Fraud’ – Obaseki. The Director of Research and Documentation of the Atiku/Okowa Presidential Campaign Organization, Don Pedro Obaseki on Monday claimed that former Vice President, Atiku Abubakar, is insisting on the release of President Bola Tinubu’s academic records at the Chicago State University (CSU), to expose alleged identity fraud. Obaseki stated this during a Zoom conference hosted by a psychologist based in London, Prof. Gold Emmanuel. Obaseki accused President Tinubu of fighting to prevent the release of the credentials which he admitted “would cause irreparable damage to his person,” because of the details therein. He further stated that Nigerians will be shocked when President Tinubu’s record is made public by the University. According to Obaseki, the real owner of the academic records Tinubu has been laying claim to will be exposed. Obaseki said, “Nigerians will be more demoralized that the owner of the certificate that President Tinubu is parading is a woman. We already know it as a fact, but we are seeking the release of the documents officially by CSU.” He also expressed confidence that the documents when released, may compel the Supreme Court to consider fresh evidence in support of petitions currently before it. Obaseki further said, “Even when the court of first instance and the appellate court have convicted someone to death and minutes before the Supreme Court gives its final judgement and there arose fresh and compelling facts and evidence, the apex court is bound to listen to the fresh facts before making its final judgement. “It is an unwritten proviso that where there is a compelling factual fact other than what is already obtained in the Presidential Election Petition Court (PEPC), the Supreme Court will be bound to accept the new facts of law and rule on them.” Obaseki also claimed that the interpretation of the Presidential Election Petition Court (PEPC) concerning the position of the 1999 Constitution (As Amended), on the Federal Capital Territory, was with all due respect, an attempt to manufacture evidence. He said, “Abuja cannot be called a state. A state as stipulated in the 1999 constitution must have a state assembly of its own. A state must have a governor. Abuja as presently constituted is not a state. “FCT or Abuja as the case may be is patterned after Washington in the United States of America. It is such made so that no one part of the country can claim it. It is home to all Nigerians. “The FCT was carved out of Niger state, Kogi state, Benue state and Nasarawa state. It cannot be declared a state by the PEPC. “The PEPC cannot amend the 1999 constitution through the back door. There are processes to do that. This is one important issue that the Supreme Court must address.” He equally accused President Tinubu of arresting Nigeria’s development through his knee-jerk approach to economic issues. Obaseki declared, “In one full swoop of three words, he removed the fuel subsidy without caring of the consequences to the already multi-dimensional poverty in Nigeria. He devalued the naira among other policies that have negatively affected the economy.” He explained that the Supreme Court has a moral obligation to ensure that Nigerians irrespective of social status get justice. Obaseki echoed Atiku’s position rejecting any form of military intervention because democracy, despite its imperfections, remains the best form of government. He also demanded the prosecution of the chairman, of the Independent National Electoral Commission (INEC), Mahmood Yakubu, whom he accused of complicity in the current travails of Nigerians when he allegedly manipulated the electoral process to give the All Progressives Congress unmerited victory. Obaseki added, “INEC abandoned all the policies it advocated that would ensure a free and fair election in the country. “Is it not curious that two elections took place the same day, same time, one result was transmitted electronically and the other was not?” 8 Likes
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| Health / Japa: Young Doctors Leave Ahmadu Bello Teaching Hospital, Traveling Out- (NARD) by Gjrich(m): 4:10pm On Sep 25, 2023 |
Japa: NARD cries out as young doctors leave Ahmadu Bello University Teaching Hospital Mr Kabir added that ‘the Japa Syndrome’ was extending down the ladder as more younger doctors were in the process of leaving. The National Association of Resident Doctors (NARD), Ahmadu Bello University Teaching Hospital (ABUTH) chapter, has advocated for improved welfare and enhanced remuneration to tackle the alarming rate of brain drain in the health sector. Badmus Kabir, the association’s vice-president, told journalists on Sunday in Zaria that brain drain, popularly known as ‘Japa Syndrome,’ has been one of the major issues depleting the human resources for health in Nigeria. The union leader noted that two years ago, NARD members at the ABUTH branch were far over 500, but the register has depleted to a little above 400 members because of migration. He explained that the figure excluded the doctors who had exited the residency training or those who transferred their services to other health facilities. “Two had transferred service from ABUTH to another part of the country where they felt safer, and the scenario is worse in some departments where you have only two or three young doctors,’’ he said. Mr Kabir added that ‘the Japa Syndrome’ was extending down the ladder as more younger doctors were in the process of leaving. He said it was unhealthy for the healthcare system, as the trend caused excess workloads on doctors, adding that the patients were at the receiving end and suffered a lot. Mr Kabir added that the senior doctors see patients on specialised days. He said that with a few doctors, patients with non-emergency medical conditions would be booked to see their doctor’s case after four months or thereabouts. The union leader urged the government and relevant stakeholders for improved welfare and enhanced remuneration to tackle the alarming rate of brain drain in the health sector. ”Doctors have been living on the same salary scale since 2009 despite the harsh economic realities in the country, hence the agitation by NARD for an increase in wages,’’ Mr Kabir said. The union leader said that over 70 per cent of their members on grade levels three and four of the consolidated medical salaries did not receive their August salaries. Aisha Abdulkadir, the public relations officer of ABUTH, confirmed the development.
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| Foreign Affairs / Re: France Ends Military Presence In Niger After Coup, And Recall Ambassador by Gjrich(m): 3:50pm On Sep 25, 2023 |
Zxcvbnmghtr: Great news for Niger and Africa heralding the end of France's colonization agenda. 1 Like |
| Foreign Affairs / Re: France Ends Military Presence In Niger After Coup, And Recall Ambassador by Gjrich(m): 3:47pm On Sep 25, 2023 |
The only savour for Nigeria as a nation is to emulate what Niger did and sack the UK govt from looting this country called Nigeria. There's no gain for Nigerians to keep on pretending. (Suffering and Smiling process). |
| Foreign Affairs / France Ends Military Presence In Niger After Coup, And Recall Ambassador by Gjrich(m): 3:37pm On Sep 25, 2023 |
French President Emmanuel Macron has announced an end to France’s military presence in Niger and the recall of its ambassador, in response to the recent coup that ousted the democratically elected president of Niger, Mohamed Bazoum. This decision is a notable blow to France’s policy in Africa, especially concerning the Sahel region where they had stationed thousands of troops to fight against Islamic extremist groups. France had maintained around 1,500 troops in Niger since the July coup, but tensions have escalated between France and Niger in recent weeks. An aide to Niger’s deposed President, Ali Sekou Ramadan, said that Bazoum had requested the withdrawal of the French ambassador to reduce tension. In an interview on French television, Mr. Macron also said that the country’s ambassador to Niger would leave “within the next hours.” He added, “And we are ending our military cooperation with the de facto authorities in Niger, because they no longer want to fight terrorism.” This decision comes after military interventions in other African countries like Mali and Burkina Faso, where France faced tensions with ruling juntas and subsequently withdrew its troops. Niger’s junta has responded to this announcement, viewing it as a step toward the sovereignty of their country. They declared that imperialist and neo-colonialist forces are no longer welcome on their national territory, emphasizing a new era of cooperation based on mutual respect and sovereignty. “Imperialist and neo-colonialist forces are no longer welcome on our national territory. The new era of cooperation, based on mutual respect and sovereignty is already underway,” it said in a statement. The coup leaders also declared the closure of Niger’s airspace to French planes, both commercial and military. The withdrawal of troops is expected to be gradual, likely by the end of the year and will be coordinated with the coup leaders to ensure a peaceful transition.
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| Foreign Affairs / Finally, France Decides To Recall Ambassador From Niger And Withdraw Troops Too by Gjrich(m): 2:54am On Sep 25, 2023 |
Finally, France decides to recall ambassador from Niger. To withdraw troops too – Macron President Emmanuel Macron has said that France would soon withdraw its ambassador from Niger Republic, followed by its military contingent. The colonial power had kicked against the coupists who overthrew President Mohamed Bazoum of Niger Republic in July 2023. The country also insisted on the reinstatement of Bazoum. France has about 1,500 soldiers in Niger as part of an anti-jihadist deployment in the Sahel region. In the wake of the coup, France had said its troops would remain in the West African nation despite hostilities by the junta. Also, Niger’s military leaders had told the French ambassador, Sylvain Itte, to leave the country. However, a 48-hour ultimatum for him to leave, issued in August, passed with him still in place as the French government refused to comply, or to recognise the military regime as legitimate. He added that military cooperation was over and French troops would withdraw in “the months and weeks to come” with a full pull out by the end of the year. “In the weeks and months to come, we will consult with the putschists, because we want this to be done peacefully,” he added .-
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| Politics / Federal Government Awards Lagos-Calabar Coastal Highway To Hitech. by Gjrich(m): 7:56pm On Sep 24, 2023 |
FG Awards Lagos-Calabar Coastal Highway To Hitech. The Federal Government has awarded the construction of the Lagos-Calabar Coastal Highway to Hitech Road Construction Company. The development was announced by the Minister of Works, Mr Dave Umahi, during a meeting held in Lagos with engineers from the Federal Ministry of Works and the contractor’s team, the News Agency of Nigeria reported. Umahi emphasized that this project, which aims to enhance connectivity across the nation, reflects President Bola Tinubu’s strong commitment to Nigeria’s restoration and rapid development. He stressed that President Tinubu is eager to expedite the project’s commencement as part of his efforts to improve the country. The minister disclosed that this initial meeting was the first step in the process, with another meeting scheduled in two weeks to finalize the construction agreements. The project will be executed as a Public Private Partnership and will be tolled upon completion, with the contractor already securing the necessary funding. Phased construction, rail integration, and toll collection strategy Umahi explained that the highway would be constructed in phases, with the completed sections being opened for use and toll collection. The proposed route will link the Lagos-Badagry Expressway superhighway, the Fourth Mainland Bridge, Lekki Deep Sea Port Road, and connect various points in Northern Nigeria via Ogoja-Ikom. The project, with an initial design length of approximately 650 to 700 kilometres, will also feature rail lines running in the middle of the main carriageways. Umahi revealed that the project is expected to stimulate tourism and include industrial clusters, such as hotels, factories, housing estates, and other amenities. The minister highlighted the innovative use of 11-inch-thick concrete roads with 20-millimetre reinforcement, which will support local cement manufacturing, boost steel production from Ajaokuta, and utilize Nigeria’s abundant bitumen resources. “It is quite innovative and the giant of Africa is beginning to show her prowess and this is being revitalized by the captain of the ship, his excellency President Bola Tinubu. “So, this is beautiful. Another good news is that this is going to be built on a concrete road of 11 inches thick with 20-millimeter reinforcement.” However, the minister acknowledged that the project would encounter challenges due to its passage through mangroves, mashy areas, flood plains, and various soil types. As a result, a combination of construction methods, including pile-supported decks, sand filling, and retaining walls, will be employed. In Umahi words: “And so, there will be a combination of all kinds of construction methods, the deck on pile would be there, the sand filling would be there, the retaining walls would be there. “So, it’s a very ambitious project, quite technical and highly rewarding.” The second meeting, scheduled in two weeks, will focus on the business case study, allowing the project to progress to the design phase. Umahi noted that the Lagos-Calabar Coastal Highway is a groundbreaking project, the first of its kind in Africa. “So, the second meeting will come up in two weeks where the business case study will be exposed to us, and we will give them a letter to own the project and then to engage in the design. “The Lagos-Port Harcourt-Calabar Coastal Highway is the first of its kind in the whole of Africa,” he said. Project significance and environmental considerations of the proposed Lagos-Calabar Coastal Highway. Nicholas Rizk, the consultant to Hitech Construction Company, highlighted that the chosen construction methods were well suited for a country with Nigeria’s vast landmass. He emphasized that the project would traverse diverse topographical areas and benefit nine states along its route. The highway will connect regions at both the national and international levels, serving as a vital link between South West, South East, South-South, Niger Delta, and other regions. It will also integrate with existing federal roads, promoting economic and social development across the country. In Rizk’s words: “We are connecting nine states and this road. “In addition to the integration at the national level for Southwest and Southeast, South-South and Niger Delta, it connects with the Federal Roads going from Lagos to Sokoto. “From Warri to Kaduna, from Port Harcourt to Kano-Maiduguri, and from Calabar to Maiduguri. “So as the Minister mentioned, we have this coastal highway that is more or less 10 to 12 kilometres away from the shorelines to consider the issue of erosion and the sensitive environmental areas.” The Lagos-Calabar Coastal Highway will start at Victoria Island near Eko Atlantic City, pass through the Lekki Coastal Road, Lekki Free Trade Zone, and the Dangote Refinery, connecting Ogun, Ondo, Delta, Edo, and reaching Calabar, Rizk explained. Furthermore, he detailed how the project considered health, safety, and environmental factors, particularly in oil-producing areas.
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| Politics / Resign Now, You Have Become A National Embarrassment - Atiku Camp Slams Tinubu by Gjrich(m): 7:39pm On Sep 24, 2023 |
Resign Now, You Have Become A National Embarrassment - Atiku Camp Slams Tinubu The camp of the 2023 presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar has called on President Bola Tinubu to resign from office over the controversy surrounding his academic record with the Chicago State University. Atiku’s media aide, Paul Ibe who made the call said the issue regarding Tinubu’s academic record has become a national embarrassment. The aide was of the opinion that Tinubu had made Nigeria and Nigerians a laughing stock at the international level and the only way for him to rectify it is by resigning. He made the call ahead of the resumption of the court case on Monday in a petition in which Atiku’s legal team is seeking a court order for the Chicago State University to release Tinubu’s academic records. It would be recalled that a United States District Judge, Nancy Maldonado, had on Thursday agreed to stay an order directing Chicago State University to make Tinubu’s academic document available to Atiku’s legal team after the president’s lawyers filed an emergency motion seeking a delay in the implementation of the order directing the CSU to comply with Atiku’s subpoenas till Monday. Reacting to the development, Ibe said no matter the delay tactics employed by Tinubu and his legal team, the academic records would be released. “If Tinubu is a first-class graduate like he claims, it will be in his best interest and that of over 200 million Nigerians, for him to take a first-class decision of resigning. This is the only way that he can save Nigeria and its people of this embarrassment and laughing stock that it has become. “He is a national embarrassment, a regional embarrassment, a continental embarrassment, and an embarrassment to the Black race. If he still has any modicum of respect for himself and the people he claims to be leading, he should resign as President with immediate alacrity. No matter how long he tries to stall the process, the records that he has been hiding from Nigerians for decades will be discovered. He needs to be reminded that the United States is not Nigeria” Ibe told This Day on Saturday. Atiku’s aide further accused Tinubu of plunging Nigerians into hardship with his economic policies. “Look at the issues of the value of the Naira and the exchange rate. The meeting of the Central Bank Monetary Committee has been postponed. Things are just grinding to a halt. Nothing is happening because the committee that is supposed to provide the economic policies is not working. “Nigeria is now on auto pilot and like a sick person receiving drips in the hospital. Things are just bad,” he added. Nigerians Should Be Worried Speaking further, Ibe said Nigerians should be worried about why Tinubu is fighting tooth and nail to keep the details of his academic records with Chicago State University a secret. “Nigerians have become the butts of the jokes. Mind you that one out of every five black men in the world is a Nigerian,” he said. Ibe added that Tinubu’s academic record has monumental implications for Nigerians. “If for any reason you want to change or get a new job and the new employers want to do due diligence, you write your alma mater to release your credentials to your would-be new employers. This is the case with the APC presidential candidate in the last presidential election, why should Bola Tinubu stop his school from releasing his credentials to the public? “This is what should agitate the minds of Nigerians,” Atiku’s media aide submitted. 3 Likes
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| Politics / Saudi Arabia Is Getting Closer To Make Peace With Israel- Saudi Crown Prince by Gjrich(m): 4:58am On Sep 24, 2023 |
Saudi Arabian Crown Prince Mohammed bin Salman stated in a U.S. television interview that his country was moving closer to normalising relations with Israel. He also expressed concern about Iran potentially acquiring a nuclear weapon and mentioned that if Iran were to obtain one, Saudi Arabia would feel compelled to do the same for security reasons and to maintain balance in the Middle East. In an interview with Fox News, the crown prince mentioned ongoing talks aimed at establishing diplomatic relations between Israel and Saudi Arabia, viewed as significant progress. These talks are part of broader negotiations covering U.S. security assurances, civilian nuclear assistance, and potential Israeli concessions to the Palestinians. Addressing the importance of the Palestinian issue in the normalisation process, the crown prince emphasised the need to find a resolution and outlined Saudi Arabia's negotiation strategy. He highlighted the desire for Israel to play a positive role in the Middle East and contribute to improving the lives of Palestinians.
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| Politics / Chicago State University: Nigerians Will Be Shocked Over Tinubu’s Records– Atiku by Gjrich(m): 7:37am On Sep 23, 2023 |
The 2023 Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar, has raised concerns over the academic records of President Bola Tinubu. https://dailypost.ng/2023/09/23/chicago-state-university-nigerians-may-be-shocked-over-tinubus-records-atiku/ 26 Likes 2 Shares
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| Business / Naira Crosses N1,000/$ In Black Market. by Gjrich(m): 6:37pm On Sep 22, 2023 |
Naira Crosses N1,000/$ In Black Market. The foreign exchange crisis in the country worsened on Thursday as a dollar exchanged for over N1,000 at the parallel market, Daily Trust reports. Survey… The foreign exchange crisis in the country worsened on Thursday as a dollar exchanged for over N1,000 at the parallel market, Daily Trust reports. Survey at popular black markets in Lagos indicated that a dollar exchanged for between N1,000 and N1,050 in the early hours of Thursday, before settling for N990 in the evening, indicating a difference of N252 from the Investors & Exporters FX window, where the naira closed at N738. The gap between the official and parallel market has steadily widened, since the Central Bank of Nigeria (CBN) announced unification of all segments of the foreign exchange markets in June. However, despite the unification policy, the parallel market has continued to witness patronage due to the scarcity of the greenback at the official market, according to operators. “There is scarcity at the market,” said Ismail Muhammed, one of the operators at Allen Roundabout. “We are now buying dollars for N990 but earlier in the day, it was sold for N1, 000. Some people exchanged it for N1, 050,” he said. Another operator, Alhaji Abdullahi Olugbede, said that the surge was caused by the scarcity as most licensed Bureau De Change Operators do not have dollars to trade with. “When there is scarcity, the dollar will go up against the naira but we are not happy. We should pray that it will come down because this is not good,” he said. Experts have warned that the implications of the depreciation of the naira in the black market are negative as it will adversely affect the economy. Professor of Accounting and Financial Development at Lead City University, Ibadan, Godwin Oyedokun, said it will make it difficult to do business in Nigeria because of the relevance of exchange rate in the economy. “I am not currently in the country. Let me cite an example, I wanted to buy a can of coke today in Jordan. I could buy the same can of coke for $2 that is almost N2, 000 if a dollar exchanges for N990 in Nigeria as you said. This is just because the strength of our currency is very weak. “The implication is that goods that Nigerians should get from abroad, let’s say if dollar to naira is 1/1, Nigerians will now spend as high as 990 minus 1; that is, goods worth N300,000 will now be worth times 990 of it. So, it makes it so difficult to do business. Every sector of the economy will adjust to this and will make the price of commodities become costly,” he said. The tax and forensic expert, however, said, the pressure on the naira will reduce if the government implements the right policies and also boost local production so that Nigeria can also earn more foreign exchange. “The only way to address this is to have the right policies in place which the current government is doing and have things that we can also export to earn foreign exchange. The finance minister and the new CBN governor will need to think about how the fiscal and monetary policies can work together effectively so that we can have a country of our own. It will interest you that Jordan’s currency, Jordanian Dinar, is higher than the dollar, it is about $1.41. If we get the policies right, the pressure on the naira will reduce,” he said. Economist and former Director General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Muda Yusuf, said that among others, it will have an effect on inflation as the economy is very sensitive to exchange rate movement. “The implications are very negative to put it mildly because it shows there are some fundamental challenges that we still need to deal with that are driving the exchange rate. We need to further interrogate how deep the parallel market is and what percentage of economic activities are being funded by the parallel market. “We need that research, we need that data because each time we talk about the exchange rate, people don’t even talk about the official rate anymore, we just talk about the parallel market,” he said. Citing the likely effects on the different sectors of the economy, he said, “Diesel price has gone up, gas price is likely to go up. The PMS is under pressure and should have gone up if not for the fact that the president said that NNPC should hold on, otherwise petrol price should have jumped to over N800 by now.” Dr Muda, who is also the Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE), said that some extraneous variables including money laundering might be responsible for the pressure on the naira. “I think there are some extraneous variables that have not been captured in our analysis because this speculative assault on the naira is not looking ordinary anymore. I am beginning to worry that perhaps, there are quite a number of illicit funds that are putting this pressure on the Naira because how many manufacturers can continue to buy dollars at this rate? And yet it keeps going up and people are buying it. How many people with genuine income or resources can do that? It is possible there are factors around money laundering, possibly people have loads of naira they are seeking to convert to dollars,” he said. While noting that the current pressures have defied the forecasts of many economists when the unification policy was introduced, he counselled the government against jettisoning the policy. “The government can’t afford to be chasing the parallel rate at this time because the situation will become worse. It means they have to move the official rate from N700+ to N800 or N850. The situation now is not responding to the kind of forecast that many of us predicted. This is not the kind of impact we thought convergence will have because on the face of it, convergence normally encourages more inflows and should normally reduce demand,” he said. Financial analyst, Abiola Rasaq, who said that the backlog of demand in the system continues to put pressure on the naira, however, said the positive outlook for oil price will likely strengthen the country’s currency against the dollar. “The market is still somewhat speculative, especially as autonomous supply of FX is still weak whilst demand remains relatively elevated. More so, the backlog of demand in the system continues to put pressure on price. Interestingly, we are close to the end of the seasonal Q3 demand cycle, thus the naira should have some respite. Even as FX supply may remain relatively weak, moderation in demand should help calm the pressure and provide relative stability to the naira in the rest of the ember months, especially if some of the efforts of the government towards improving oil export comes to fruition. “Notably, the positive outlook for oil price is also supportive of stronger naira in the months ahead, especially if oil export is complemented with steady rise in non-oil exports,” he said. President Bola Tinubu recently nominated a banking executive and former civil servant, Olayemi Cardoso to serve as the new governor of CBN. Tinubu also approved the nomination of Emem Nnana Usoro, Muhammad Sani Abdullahi Dattijo, Philip Ikeazor and Bala Bello as deputy governors of the apex bank, for a term of five years at the first instance, pending their confirmation by the Nigerian Senate. It is unclear if the former CBN governor, Godwin Emefiele, who was suspended and has been in detention since June, has resigned.
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| Politics / NERC Stands On November 2024 Prepaid Meter Upgrade Deadline. Free Of Charge by Gjrich(m): 5:44pm On Sep 22, 2023 |
New Details Emerge as NERC Stands on November 2024 Prepaid Meter Upgrade Deadline. Prepaid meter users across Nigeria have been advised to take their meters for upgrading before November 2024 NERC, the electricity regulatory agency has stressed the importance of the upgrade as a one-time process. Consumers need not worry as the upgrade will not affect their reserved units nor make their meter run faster. The Nigerian Electricity Regulatory Commission (NERC) has issued a directive for prepaid meter users in the nation to ensure the update of their meters prior to November 2024. NERC has emphasized the importance of prepaid meter users contacting their respective distribution companies (DisCos) to initiate the meter upgrade process. 3.4K NOW PLAYING A portion of the Nigerian population raised concerns about the motive behind the update, contending that it could serve as a mechanism for increasing electricity tariffs. Additionally, some individuals voiced apprehension that the upgrade might introduce malicious software that could potentially disrupt the functionality of certain prepaid meters. In this article, Legit.ng breaks down all you need to know about NERC’s planned meter upgrade. The update will not affect the units in your meter nor make your meter run faster than usual. Why is NERC requesting upgrade of prepaid meters? In its announcement, NERC highlighted the necessity of updating prepaid meters, aligning with the global trend in prepaid meter technology. The regulatory agency underscored that by November 2024, STS (Standard Transfer Specification) standard meters would undergo a significant transformation referred to as "Roll Over." Consequently, it is imperative that all meters are upgraded to meet specific standards before this deadline. To address the occurrence of TID (Token Identifier) rollover, all meters will require key change tokens with the rollover bit activated. These key change tokens will be provided by Utility Companies, and when inputted, this process will prompt the meters to reset the TID stack memory to 0 while simultaneously changing the meter key. Moreover, each credit token contains a unique token identifier (TID) encoded within its 20 digits. This TID serves to prevent token replay at the meter. The Token Identifier is a 24-bit field found in STS-compliant tokens, responsible for identifying the date and time of token generation. This information is used to determine whether a token has previously been utilized in a prepaid meter. How to do the meter updating process. In relation to the updating procedure, NERC has outlined that consumers will receive two complimentary Key Change Tokens (KCT) from their individual electricity distribution companies (DisCos). These tokens will be distributed to consumers in a manner similar to their electricity token purchases. To effect the update, consumers will input these tokens into their meters, following the same process used for entering their electricity tokens. Upon acceptance of the token by the meter, an automatic upgrade will be initiated. NERC has also extended advice to all prepaid meter users, encouraging them to contact their respective DisCos for additional details regarding the updating process. Units in meter remain untouched. Nigerian Electricity Management Services Agency (NEMSA) has assured prepaid meter users that their reserved units at the time of the upgrade will not be touched. This means whatever unit is found in the meter before the upgrading will definitely remain after the process is completed and it will not result in any acceleration of its usual operational pace. Upgrade is a 1-time process. The regulator has also hinted that the upgrade is a one-time process as customers will likely never be asked to come for a repeat of the process in the nearest future. Meter upgrade is free of charge. While it has also assured prepaid meter users that the upgrade is totally free of charge, NERC advised users to get in touch with their respective electricity distribution companies (DisCos) for more information on the process. Deadline for meter upgrading NERC has stated that the deadline for the upgrade is November 2024. It expects that all customers must have completed this process before then. Any prepaid meter that doesn't undergo the upgrade at the expiration of the deadline, will no longer work and users will not be able to recharge, resulting in a loss. NERC Orders DisCo to Open Customer Care Centres. In related news, Legit.ng reported that NERC issued a mandate to electricity distribution companies (Discos) to create customer engagement platforms. Discos are required to establish these platforms within the upcoming three months, starting from September 1, 2023. This directive was communicated through a document issued by NERC, identified as order number NERC/2023/006, under the title 'Order on deployment of customer engagement platforms.' The responsibility of funding the deployment of these customer engagement platforms is expected to be borne by the Discos themselves, with NERC emphasizing its commitment to monitoring the implementation of this order to ensure compliance by the Discos.
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| Politics / Re: Ghana Agreed To Export Electricity To Nigeria -Head Of GTU Ghana by Gjrich(m): 4:23pm On Sep 22, 2023 |
UncleKoboko: Ghana has already achieved a remarkable 80% to 85% universal energy access within its borders through robust policy formulation and implementation |
| Politics / Re: Ghana Agreed To Export Electricity To Nigeria -Head Of GTU Ghana by Gjrich(m): 4:22pm On Sep 22, 2023 |
JagabanB: Ghana has already achieved a remarkable 80% to 85% universal energy access within its borders through robust policy formulation and implementation |
| Politics / Ghana Agreed To Export Electricity To Nigeria -Head Of GTU Ghana by Gjrich(m): 3:28pm On Sep 22, 2023 |
Ghana plans to export electricity to Nigeria. Ghana is actively strategizing and implementing policies and initiatives to advance its power sector to achieve “100% universal energy access” and potentially export electricity to its “big brother” neighbour, Nigeria. Mr. Hanson Monney, the Head of the Generation and Transmission Unit at the Ministry of Energy in Ghana, conveyed this during his presentation in Lagos on the 2nd Day of the Nigeria Energy Leadership Summit. Monney highlighted that Ghana has already achieved a remarkable 80% to 85% universal energy access within its borders through robust policy formulation and implementation. In his words, “So, we are working on all these things to make sure that the power system of Ghana continues to be as good as it is or even better, and then, maybe, we can be exporting more to our big brothers in Nigeria when the grid is finally settled. So, ladies and gentlemen, this is an overview of the Ghana power system and challenges.” This statement comes in the wake of Nigeria, Africa’s largest nation and leading oil producer, experiencing its second national electricity grid collapse, resulting in a complete blackout for homes and businesses. In contrast, Ghana is actively pursuing various energy options, including grid energy, mini-grids, and solar-dominated renewable energy, to achieve “Universal access to energy by 2024” as directed by the country’s President. Challenges of Ghana’s electricity industry Monney acknowledged that achieving universal energy access in Ghana, especially in remote islands, riverside, or lakeside communities, presents significant challenges due to geographical constraints. To address this, he noted, “So, now, we are trying to scale our renewable energy access, and that is how we have planned in 2022 to scale up our renewable energy program.” Tariff problem One of the foremost challenges in Ghana’s power sector is financial sustainability, as the government grapples with mounting debts and excess capacity procurement. Monney stated, “There is so much debt that the government has to shore up to make sure that the system is afloat because we have procured a lot of excess capacity, which comes with attendant costs. So, these financial challenges require some policy actions to eliminate legacy debts.” High electricity tariffs are also a significant concern in Ghana, and Monney expressed the importance of making electricity more affordable, especially for industries. He explained, “We saw that in Ghana historically. These industries have been subsidizing the residential sector, and it should be the other way around. Industries should remain viable so that businesses can thrive.” Monney indicated ongoing efforts to rationalize tariffs to rectify this issue. Gas supply challenge Additionally, Monney highlighted the issue of gas supply security in Ghana and expressed gratitude to Nigeria for consistently supporting their gas supply needs. He noted that while Nigeria provides gas from the east, more measures are necessary to ensure a consistent fuel supply. Currently, Ghana is facing an 80-day shutdown of its gas supply, significantly affecting the power sector. Despite these challenges, Monney affirmed that the Ghanaian government is actively taking steps to address them and continue advancing the electricity sector in the West African nation. He emphasized Ghana’s holistic approach, involving collaboration among regulators, the private sector, and various stakeholders, and mentioned the existence of an “Integrated Power Sector Master Plan” to consolidate long-term plans for the sector.
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| Politics / Register And Get Nigeria Passport By Yourself Online, No Need To Pay Any Agent by Gjrich(m): 10:06pm On Sep 21, 2023 |
If you live in Nigeria and are a citizen, you should not have any reason to pay an agent to get your Nigerian passport processed, whether it’s an entirely new one or a renewal. This is because the Nigerian Immigration Services has provided an easy-to-use and efficient online registration platform that will save you from the struggles and extortions that used to be the order of the day. Now that you are on this page, we will show you how you can register and obtain your new Nigerian passport by yourself. Some Nigerians are departing to study overseas, pursue a new work, or begin a new life. The bottom line is that if you want to join the bandwagon, you must have your passport. Without a passport, you cannot apply for international jobs, send school applications, or make any form of relocation plans. It is used as a proper identity and travel document for visa applications, border crossings, and other official activities associated with overseas relocations. How Can I Obtain A Nigerian Passport? When you decide to get a Nigerian passport, you can either go through an agent or register online. Most people make the claim that they are available to visit the immigration office or see an agent who can assist them. However, there is a better way; you can apply for your passport online. As long as you have all of the necessary documentation, the process is simple. However, there are a few things you should know before registering online: Do you require a child’s passport? Is it better to have a regular passport or an official passport? It is critical to understand because prices vary and you require that information. Choose whether to replace or rent your passport. People update their passports because they have lost or damaged them and need a new one. However, if you are renewing your passport, that indicates you already have one but it is about to expire. Find out how long the passport you’re applying for will be valid. If you are an adult, you can keep your Nigerian passport for ten years before having to renew it, however children under the age of 18 can keep their passport for five years. Keep in mind that you must make an appointment. Even if you register online, you must attend the immigration office on a specific day and time to have your photograph taken. How To Apply For Nigerian Passport Online. Follow these simple steps to register online: Navigate to the Nigeria Immigration Service (NIS) passport application portal. The procedure takes you through several steps, beginning with obtaining information on your passport type and ending with obtaining information about your next of kin. You will be asked to select a processing state and office; be sure to select the place closest to you to alleviate any transportation stress. Fill in your selected booklet type and validity period as well. Pay close care when entering your contact information and that of your next of kin to prevent making mistakes during the registration process. The relevant pricing will be listed on the page depending on the type of passport and booklet you desire. Select your payment option and wait for it to be confirmed. You should receive an appointment date at the end of your registration. Make a copy of the slip with your appointment date on it. Show up at the passport office (assigned to you) on your appointment day to get your photograph and biometric taken.
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| Politics / UAE Visa Ban: Tinubu Will Continue To Disgrace Nigeria - Atiku's Camp by Gjrich(m): 6:59pm On Sep 18, 2023 |
An aide to former Vice-President Atiku Abubakar, Phrank Shaibu, says the claim by the presidency that the United Arab Emirates (UAE) had lifted a visa ban on Nigerians when it had not, embarrassed the country. Recall that, Ajuri Ngelale, presidential spokesperson, said the Middle Eastern country had lifted the ban after President Bola Tinubu met with UAE President Mohamed bin Zayed Al Nahyan. However, a UAE official contradicted the claims by the federal government. Reacting in a statement on Sunday, Shaibu said the “false” claim by Tinubu’s government announcing that UAE had lifted the visa ban imposed on Nigerians is just the tip of the iceberg. “Last month, the NNPC claimed to have obtained a loan of $3bn with which it would help stabilise the Naira. “We raised the alarm that it was all a ruse to deceive Nigerians. Now, we have been justified as the naira is now approaching $1/N1,000 on the black market. “After his trip to the UAE, Tinubu claimed the visa ban had been lifted immediately. Now, they have shifted the goalpost after the UAE authorities revealed that the news was false. “This is the sort of embarrassment Nigeria will continue to attract in this season of balablu. “The report by FTSE revealed that Tinubu’s so-called FX unification policy was failing and Nigeria was degraded from frontier market to unclassified.” Shaibu said the All Progressives Congress (APC)-led federal government has not put adequate relief in place since the removal of the petrol subsidy. “Tinubu removed the petrol subsidy without any plan whatsoever and decided to hand over a few bags of rice to millions of poor Nigerians,” he said. “To date, the minimum wage remains N30,000 or $31 per month based on the parallel market exchange rate,” he lamented. 1 Like
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| Foreign Affairs / Niger Republic Cancels 1,000 Diplomatic Passports From Ousted Regime. by Gjrich(m): 10:57pm On Sep 16, 2023 |
Niger Republic Cancels 1,000 Diplomatic Passports From Ousted Regime. About 50 of the passports had been given to American, British, French, Libyan and Turkish people as well as other West Africans. The new military rulers of Niger have cancelled more than 990 diplomatic passports held by nationals and foreigners linked to the ousted regime. The foreign ministry has written to notify diplomatic representations in Niger that the passports are now “lapsed”, according to copies of the letter posted on social networks. The diplomatic documents were held by former senior figures in institutions and ministries as well as ex-MPs and advisers including to the president and prime minister, the official press agency ANP said late Thursday. About 50 of the passports had been given to American, British, French, Libyan and Turkish people as well as other West Africans. President Mohamed Bazoum was overthrown on July 26 and has since been detained at his residency. At the end of August, the new regime cancelled passports held by several members of the government who were abroad, including the prime minister, foreign minister and Niger’s ambassador to France.
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| Properties / Breaking: BUA Cement Plc To Crash Cement Price From N5,500 To N3,500 Per Bag. by Gjrich(m): 10:30pm On Sep 16, 2023 |
BUA Cement Plc To Crash Cement Price From N5,500 To N3,500 Per Bag. BUA Cement Plc has announced plans to reduce the price of cement in Nigeria from the present N5,500 to between N3,000 to N3,500. This was made known by the Chairman of the company, Abdul Samad Rabiu, after a meeting with President Bola Tinubu at the State House, Abuja on Friday, September 15, 2023. Rabiu revealed the cement company is adding 2 new plants at the end of the year to be commissioned by President Bola Tinubu, bringing BUA Cement’s total capacity to 17 million metric tons. Speaking on the visit, he said this is part of its own contribution to support the efforts of the Federal Government to bring down the prices of key commodities in the country, adding that this will enable the company to bring down the price of cement to about N3,500 per bag. ”Let me thank his excellency Mr. President for graciously receiving me today, I came to intimate his excellency on the affairs of our cement business. We have two new lines of 3 million tons each that we will be commissioning by the end of the year. ”So, I came to intimate his excellency and also to explain to him the efforts we are making in trying to support again the efforts of the government in bringing down the price of cement. With these 6 million tons that we are commissioning by the end of the year and by the way his excellency has agreed to come and commission the plants sometime either in December or January next year. So I explained to him and ‘’So I explained to him and we want to support the efforts of the government in bringing down the cost of cement, by the time these lines are commissioned BUA Cement will be producing about 17 million tons per annum and with that we intend to bring down the cost of cement from its current level of N5,000 or N5,500 per bag to may be N3,000 to N3,500 per bag. ‘’And we can only do this because we are producing this cement locally, 80% of the raw materials that we are using to produce cement in Nigeria is mainly limestone and gypsum and of course energy is part of it of course we have gas in Nigeria. So we want to support the government, we want to support their efforts in ensuring that the price of these commodities are brought down incidentally.
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| Politics / Nigerians Can Now Enroll For NIN And Digital ID Cards Online At Home by Gjrich(m): 10:02pm On Sep 16, 2023 |
NIMC Launched Self-Service NIN Enrollment And Digital ID Cards Online To Help People Enroll At home. The commission launched the app at the 5th Identity Day Commemoration held in Abuja on Saturday, September 16, 2023 The National Identity Management Commission (NIMC) on Saturday launched a self-service online solution platform for the enrollment of National Identification Number (NIN) and digital identity cards. The commission launched the app at the 5th Identity Day Commemoration held in Abuja on Saturday. The app ‘NIMC Self-service NIN Enrollment and Digital ID’, according to the commission, is an online solution platform that would help people enroll for their NIN in the comfort of their homes. Unveiling the app on Saturday, the NIMC Director, Information Technology/Identity Database, Chuks Onyepunuka, said “With this application, people could be able to enrol for their NIN in the comfort of their home and without stress.” Speaking at the event, the Minister of Interior, Olubunmi Tunji-Ojo, said the occasion is the fifth commemoration of the event and the first one under the current administration of President Bola Ahmed Tinubu. “And as you’re all aware, with the movement of the NIMC to my domain the Ministry of Interior this marks my very first official commemoration of the ID Day with you all. “What is ID Day all about? It is all about taking one day out of the year, nationally and internationally to appreciate the real value of ownership of verifiable identity in our everyday lives, look at the progress made so far in ensuring digital identity inclusion for everyone, and what future solutions can be put in place to ensure better lives for the citizens and legal residents of this great country of ours, Nigeria,” Mr Tunji-Ojo said. He explained that in the modern digital age, a secure and verifiable identity is vital for any set system to work. “Think about it, you can’t access bank services and get ATM cards without proving your identity. “You can’t even engage with others on online social media platforms without first verifying your identity. So identity is key in our everyday lives, which is why we commemorate this Day today. “I have stated that the harmonisation and management of national identity is a major means of mitigating and controlling crime as well as for national development,” he said. He noted that with a database of over 100 million National Identification Numbers in the National Identity Database, NIDB, NIMC has provided essential access to attaining this goal along with other major stakeholders. overlay-clevercloseLogo “NIMC joins in with other sister agencies in not only improving access by the general public to services like passport acquisition and renewal but also the likes of efficient border security technology, effective handling of insecurity around the country, protection of critical national assets and infrastructure, reformation and reintegration of rehabilitated offenders in the society as well as improved emergency and fire response times. “It is fitting then that the theme for today is Identity as a Catalyst for Nigeria’s development. We are all stakeholders in ensuring the successful implementation of positive policies regarding national identity as it affects government social safety nets and financial inclusion programmes,” he added. In her address, Abisoye Coker-Odusote, the acting director-general/CEO of NIMC said the commission has embarked on a journey that resonates deeply with the national aspirations. She said World Identity Day holds exceptional importance as it provides us with an opportunity to reflect on the pivotal role that identity plays in our lives and its profound impact on society. “It is a day to recognise the transformative power of identity in shaping our destinies, safeguarding our rights, and connecting us as global citizens. “Identity is more than a mere card or a number; it symbolizes our existence, our entitlements, and our place within society. It unlocks access to essential services, social benefits, and pathways to personal and economic growth. It stands as a testament to our individuality while serving as a bridge to our shared humanity,” she said. She noted that the commission vision remains unwavering to provide every citizen and legal resident with a digital identity, making it a universal reference point. “We firmly believe that access to a reliable identity is not a privilege but a fundamental right. It serves as the cornerstone upon which we can build a more inclusive, secure, and prosperous society. “As we celebrate World Identity Day today, we must also acknowledge the challenges that lie ahead,” she added. She explained that ensuring universal access to a trusted identity, regardless of background or circumstances, demands innovation, unwavering dedication, and global collaboration. In the face of emerging technologies and evolving threats, she said “we must remain vigilant in safeguarding the integrity and security of identity systems. “While embracing digital transformation, we must prioritize the principles of privacy and data protection. Above all, we must be inclusive, leaving no one behind as we endeavour to provide identity solutions for all. “As we peer into the future, I reaffirm our unswerving commitment to the cause of identity management. Let us work diligently to fortify the bonds of trust between citizens and their governments. Let us harness the potential of identity to propel economic development, foster social inclusion, and champion justice and human rights,” she said. She noted that Nigeria’s journey towards a robust Digital Public Infrastructure (DPI) is emblematic of its commitment to harnessing the power of digital technology for the betterment of its citizens especially in the provision of social services. “So as we continue to develop our DPI, we have to keep in mind that it holds the potential to transform lives, improve public services, and drive inclusive growth in a vast country such as ours in such a way that we would be seen as a prominent player in Africa’s digital revolution.” However, she said, addressing existing challenges and ensuring equitable access to digital resources will be key to realizing these potentials. “Let us mark this day not only with rejoicing but also with a renewed sense of purpose and unyielding determination. Together, we can construct a world where identity becomes a force for good, a tool for empowerment, and a beacon of hope for all,” she said.
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| Politics / FG Moves NIMC To Ministry Of Interior For Efficiency. by Gjrich(m): 2:39pm On Sep 14, 2023 |
The federal government on Wednesday, September 13, moved the National Identity Management Commission (NIMC) to the Ministry of Interior. https://thenationonlineng.net/nin-passports-logjam-fg-moves-nimc-to-ministry-of-interior/ 13 Likes 2 Shares
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