CBN denies claim that it is planning to convert all domiciliary accounts into naira ones

CENTRAL Bank of Nigeria (CBN) officials have refuted claims alleging that the federal government is contemplating the conversion of $30bn currently being held in domiciliary deposits in commercial banks across the country into naira.

 

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Southern and Middle Belt Leaders Forum meets today to discuss CBN and Faan redeployments

NIGERIA'S Southern and Middle Belt Leaders Forum (SMBLF) has called a meeting in Abuja today to discuss the vexed issue of President Bola Tinubu relocating several agencies to Lagos which is causing a lot of consternation among northern socio-political groups.

 

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Nigeria looks set to miss out on Herve Renard as Egyptian FA open negotiations with him

NIGERIA appears to have missed out on securing the services of French coach Herve Renard after it emerged that he and the Egyptian Football Association are in advanced talks about him taking over as the new manager of The Pharaohs.

 

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10 basic things President Tinubu can do to address the growing insecurity as soon as he returns from his private visit to France

Ayo Akinfe

[1] Register and licence all local vigilante groups

[2] Establish 20 battalions in strategic towns across the north east and north west geo-political zones

[3] Commence the building of a fence along the borders with Chad/Cameroon/Niger

[4] Offer free uniforms and school meals to all youths across the north east and north west to encourage education

[5] Get the Lake Chad Basin Authority to create 30,000 jobs in the northeast

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US sells Nigeria 12 Viper attack helicopters as it honours a pledge to support the fight against terrorism

WASHINGTON has sold 12 Viper attack helicopters to Nigeria for about $1bn as part of the US plan to support the country in its fight against terrorism and religious extremism that is growing across West Africa.

 

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Federal government plans to throw a fresh $25m at Ajaokuta in a bid to get it up and running

GOVERNMENT ministers have announced plans to kick-start operations at the light steel mill section of the Ajaokuta Steel Plant in Kogi State injecting a sum of N30bn ($25m) into the project to help get the facility up and running.

 

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Government plans to convert all Nigeria Police Force vehicles into ones that use clean energy

GOVERNMENT ministers have announced plans to convert all Nigeria Police Force (NPF) vehicles into ones which use clean energy as part of its commitment to reducing greenhouse gas emissions and reducing the country's carbon footprint.

 

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I wonder if President Tinubu’s advisers are telling him that he needs to grow Nigeria’s economy by about 15% every year during his tenure

Ayo Akinfe

[1] Nobody will admit it publicly but we are Africans are regarded as inferior beings simply because we are not productive enough. Until we start contributing our fair share to global development, we really have no moral right to complain about this treatment

[2] We are considered a burden and a bunch of parasites by industrialised countries. Make no mistake about it, this will continue for as long as we remain eternal consumers, producing nothing

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Trade volumes between Nigeria and China stood at $22.6bn during the course of 2023

NIGERIA has maintained her position as China's third largest trading partner in Africa with the volume of trade between both nations rising to $22.6bn during the course of 2023 according to data just published by the Chinese embassy in Abuja.

 

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All these restrictions other nations place on Nigerian migrants will not stop until we manufacture our towards respectability

Ayo Akinfe

[1] No matter how much we protest about it, the reality remains that the rest of the human race refuses to recognise negroid people as fully-fledged homo sapiens. There is no evidence out there to suggest that this will change any time soon

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