10/02/2023

Publisher: SHINA J .O

The Edo State Government has distanced itself from the comments and moves by the Governor of Kaduna State, Nasir El-Rufai and some other governors against the currency swap policy of the Central Bank of Nigeria, CBN.

A statement signed by the Special Adviser to the State Governor on Media Projects, Crusoe Osagie distanced the State Government from the comments of the Kaduna State Governor and urged for guided utterances and against inferences in such critical matters, especially in the heat of the political season.

He said Edo State was not a party to the suit instituted by the Governments of Kaduna, Kogi and Zamfara States against CBN’s policy and so took exception to the claim by the Kaduna State Governor that the move by the three state governments was backed by Nigeria’s thirty six State Governments.

Crusoe Osagie noted that the currency swap policy, which is intricately linked to the cashless policy of the CBN, is aimed at promoting financial inclusion; preventing inducement of voters in the forthcoming elections; tackling corruption and money-laundering and checking ransom payments among other cash-based financial infractions.

He acknowledged that the State Government is aware of the difficulties that have arisen from the cash swap policy and empathised with all Nigerians over the challenges faced with accessing the new notes as well as other difficulties in conducting financial transactions in the last few days.

Osagie added that the situation is being managed by the concerned authorities and relief being sought by the authorised agencies but it was disingenuous for a suit to be filed by three state governments and then inferences made to the effect that it was the entire state governments in Nigeria that sued the Federal Government and that they all stood against the CBN’s policy.

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09/02/2023

SHINA J.O : Publisher

All Nigerians Nationals in the Diaspora deploy 80 observers across the country

All Nigerians in the Diaspora will deploy 80 of its trained personnel to urban and rural areas across the 36 states, including the FCT, to monitor the 2023 election.

Chairman of All Nigeria Nationals In the Diaspora ANNID, Peter Mozie made the announcement Thursday in Abuja while briefing journalists on the activities of the group.
According, Peter Mozie, the group represents 18.5 million Nigerians in Diaspora and willing to contribute to the democratic process of Nigeria.

According to him, the group is also training all INEC accredited observers, for the attainment of credible polls.

They want the National Assembly as a matter of urgency to pass the bill that will enable Nigerians in the Diaspora to perform their civic responsibility.

At the end of the elections, the group is expected to come up with a report and recommendations for a free and fair election in the future.

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09/02/2023

PUBLISHER: SHINA J.O

Wheat production: FMAN
empowers over 1,000 farmers to boost wheat production in Bauchi.

In a bid to discourage the importation of wheat into Nigeria, over one thousand local farmers from six Bauchi local government areas have been empowered with soft loans and improved varieties of wheat seedlings.

The Flour Milling Association of Nigeria, (FMAN), said this during a Green Field Day Celebration in Bauchi, aimed at helping local farmers with the requisite knowledge and techniques, on how to cultivate wheat, and have a good yield at the end of the farming season.

The variety of wheat cultivated by farmers in Jama’are Local Government Area of Bauchi State with the introduction of new and improved varieties is indeed a proof that Nigerian local farmers are gradually keying into massive production of wheat, to catch up with other nations.

In Bauchi, the cultivation of wheat, according to the organisers, has improved from three hundred hectares with about four hundred farmers in 2022, to seven hundred hectares with over one thousand local farmers in 2023.

Ahmed Barau Jama, one of the wheat farmers said, he has been in the business of wheat farming for the past ten years.

According to him, the long period he has spent on the business has made him better knowledge, adding that the introduction of new varieties of wheat, as well as the new techniques, will further boost his business.

He identified the value chain of their products as a major challenge in Nigeria, despite its high demand in the international market.

Following its scarcity globally, due to forex challenges, the wheat farmers in Nigeria are being urged to intensify efforts in cultivation, to reduce importation, thereby creating more value chains for the indigenous producers.

Publisher: Shina J.O

O9/02/2023.

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AGF asks Supreme Court to dismiss State Governments’ suit challenging CBN’s naira redesign policy The Attorney-General of the Federation and Minister Of Justice, Abubakar Malami, has asked the Supreme Court to dismiss a suit filed by three State Governments challenging the Naira Redesign policy of the Central Bank of Nigeria (CBN).

In a preliminary objection filed by the AGF, the federal government is urging ti dismiss the suit on grounds that the Supreme Court lacks jurisdiction to entertain the suit.

In the suit the AGF contends that the plaintiffs have equally not shown reasonable cause of action against the Minister, and therefore urged the court to strike out the suit for want of Jurisdiction.

The AGF in the suit is citing section 251 of the Constitution, averred that the defence lawyers argument in their falls within the exclusive jurisdiction of the Federal High Court in matters of monetary policy of an agency of the federal government.

Kaduna, Kogi and Zamfara states instituted a suit against the federal government before the Apex court urging the court to grant them an interim injunction stopping the FG and the CBN from ending the validity of old N200, N500 and N1000 denominations on February 10, 2023.

Ruling on the motion the Supreme Court temporarily suspended the move by the Federal Government and the Central Bank Of Nigeria to ban the use of the old naira notes from February 10, 2023.

07/02/2023

The people’s democratic party in Imo State has just confirmed ongoing attack at the country home of its house of Representatives candidate for Ideato North/South Federal constituency Ikenga Ugochinyere.

Confirming the attack, the party’s spokesperson in the State Collins Opuruozor said the casualty level is yet to be ascertained at point of filing this report.

According to him, the gunmen invaded the house of their candidate with a lot of explosives and dynamites.

You will recall that on the 14th of January, gunmen invaded the house of Ikenga Ugochinyere killing atleast four people including his uncle and over 30 vehicles branded for his campaign burnt.

More Details To Come