THE CBN late last year, came up with the naira swap and a re-invention of the cashless economy monetary policies. The 21st century global economy is going cashless and Nigeria needs not to be left behind. Naira swap is done periodically in every economy for a variety of reasons. With Nigeria’s insecurity challenges, curbing kidnapping and banditry seemed to be on the fore cards of what is to be gained from the swap, including of course mopping up looted funds out of circulation. It was a maverick formula and…
Day: February 12, 2023
Sanwo-Olu and his Grand Succour to Lagosians, By ABUBAKAR YUSUF
It is rare and out of political disposition but passion for the downtrodden, average Lagosians and residents of Lagos state, as Governor Babajide Sanwo-Olu rolled out palliative measures to caution the hardship occasioned by naira redesign or swap and the unabated fuel crises bedeviling the country build up to 2023 general elections. Lagos Governor, not perturbed by the terse and tense political atmosphere across the country with Lagos state not left out, believed strongly that governance is a continuous process and the welfare of the people remained paramount towards building…
FG inaugurates New NYSC Orientation Camp in Bayelsa ….. Gov Duoye Diri gifts N10,000 naira to each Corps Member
The Federal Government has inaugurated the Bayelsa State new NYSC Permanent Orientation Camp in Boro town, Kaiama Local Government Area of the State. The Minister for Youth and Sports Development, Mr Sunday Dare during the inauguration commended Governor Duoye Diri for providing a conducive environment through several gestures for the NYSC Bayelsa State Secretariat, which has enhanced the smooth conduct of the Scheme’s operations. Dare said the completion of the new Orientation Camp was clear testimony of the Governor’s passion for the progress of the Nigerian youths, who are being…
How Atiku will win presidential election —Chief Jumoke Akinjide
Former Minister of State for FCT and chieftain of the Peoples Democratic Party (PDP) in Oyo State, Chief Jumoke Akinjide, spoke to a group of journalists on the presidential election, how Atiku Abubakar and others will perform in the zones, the focus of the next president, why President Muhammadu Buhari must ensure credible elections, among other issues. DARE ADEKANMBI brings excerpts. Why do you think, Atiku, who is a Northerner, should succeed Buhari who is concluding eight years of two terms? First of all, as you know, I…