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Otti promises prompt payment of salaries

Lagos, March 23, 2023 – Alex Otti, the Abia State Governor-elect, says payment of salaries will be his priority on assumption of office. Otti made this pledge on Thursday while speaking on Arise Television. “As of yesterday, I had already started engaging banks. “There is no problem in taking loans, but the problem is what you do with the loans. Payment of salaries is my priority.” “We will create a bigger economy, a robust economy; we will do everything possible to ensure our economy grows.” Otti urged residents in the …

Africa to receive $50bn global aid to transform agriculture

Lagos, March. 4, 2023 – Development partners have agreed to commit more than $50 billion to Africa’s drive to transform its agriculture sector to food basket. The African Development Bank’s (AfDB) said the global support was coming barely two months into the launch of the programme. The AfDB said political leaders in the continent had resolved to work tirelessly with international partners on compacts that would transform agriculture across the continent. It said the leaders resolved this at the recent Dakar 2 Food Summit organised by the Senegalese government and …

PDP party agents walked out on National Collation Centre

Abuja, Feb. 27, 2023 – Party agents of the PDP at the national Collation Centre in Abuja on Monday staged a walk-out on the centre. The agents, led Senator Dino Melaye, have alleged manipulation of figures, particularly in the Presidential votes in Ekiti state, and called on the INEC Chairman, Prof Mahood Yakubu, to review them. They also said the figures from the different states should be uploaded on the server of the commission. Yakubu, however, said there would be no review until the process was completed. The Global Business …

Tinubu wins in Jigawa State

Dutse, Feb. 27, 2023 – Bola Tinubu, the Presidential Candidate of the All Progressives Congress (APC), won the presidential election in Jigawa State by scoring highest votes of 421, 390 votes. He beat his closest rival, Abubakar Atiku of PDP, who won 386,587 votes. Labour Party had 1,889 votes, while New Nigeria Peoples Party (NNPP) recorded 98,234 votes. Professor Arma Ya’u Hamisu Bichi, the collation officer, described the election as peaceful. APC won two senatorial seats, eight House of Representatives seats in the state, while the opposition PDP won one …

Election Surveillance: FG deploys military aircraft in Ebonyi

Abakaliki, Feb. 24, 2023 – The Nigerian Airforce has deployed military aircraft in Ebonyi State to assist security agencies in surveillance activities during the general elections.  Governor David Umahi said this in Abakaliki on Friday after a Security Council meeting. He said the security agencies were on ground to secure the voters, electoral officers and materials. Umahi said the deployment of the aircraft was forestall any breakdown of law and order during and after the general elections. (GBN)

Coalition calls on Atiku to step down for Kwankwaso

Abuja, Feb. 22, 2023 – A coalition of civil society organisations has called on Atiku Abubakar, the presidential candidate of the Peoples Democratic Party, to step down for Musa Kwankwaso, the candidate of the Nigeria Peoples Party, to avoid splitting of votes in the North. Bishop Godwin Abah, the leader of the coalition, while addressing journalists in Abuja on Wednesday, said the destiny of Nigeria was at stake now and required the political sagacity and tenacity of purpose of Kwankwaso to redirect the country. Abah said the organisations had meticulously …

Emefiele met with banks, directed adequate circulation of old N200 notes

Abuja, Feb. 16, 2022 – Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), today said he had directed commercial banks to ensure ample circulation of old N200 notes as directed by President Muhammadu Buhari. The CBN Governor spoke to journalists during a visit to the State House, Abuja on Thursday. He said he had met with the management of at least 15 commercial banks since the nation-wide broadcast of the president this morning. Emefiele said his meeting with the bank executives was to find ways to alleviate the …

Only old N200 notes can circulate till April 10 – Buhari

Lagos, Feb. 16, 2023 – President Mohammadu Buhari has extended the duration for the circulation of the old N200 notes by additional 60 days. President Buhari, who made the announcement in a nationwide broadcast on this morning, said that the old N200 notes would circulate until April 10, 2023. He said that the old N200 notes would circulate alongside the new N200 notes until April 10 when they would no longer be legal tender. He said the N500 and N1000 old notes had seized to be legal tender since February …

Arrest any one refusing old notes, Matawalle orders

Gusau, Feb. 11, 2023 – Governor Bello Matawalle of Zamfara has directed security agencies in the state to arrest anyone rejecting the old naira notes. He said such acts were against the constitutional rights of citizens since the old notes were still legal lender. The governor gave the order on Saturday while swearing-in of four newly-appointed High Court judges and nine special advisers to beef up justice administration in the state. “Anyone who refuses to accept the old currency notes of N200, N500, and N1000 in the state should be …

CBN extends Feb. 10 deadline on naira swap

Lagos, Feb. 11, 2023 – The Central Bank of Nigeria (CBN) has tacitly extended the Feb. 10 deadline on the circulation of the old naira notes. Authoritative source at the apex bank told the Global Business News (GBN) on Friday night that the CBN was not thinking of other thing to do than to obey the Supreme Court’s injunction. “For now, we don’t have any other agenda, but to comply with the Supreme Court’s injunction. “Any other thing will have to wait until Feb. 15 when the Supreme Court will …