He wasted no time in taking advantage of the leadership crisis that rocked First Bank not too long ago that the Central Bank of Nigeria sacking both the chairman of the bank, Ibukun Awosika and Obafemi Otudeko, the chairman of FBN Holdings.
It portrays a clear indication of discriminatory standards where the AISOP document in section 5 sub section b (Discounts and Commissions) states that:“No party will unilaterally dictate or impose rates on another party except as may be mutually agreed by upon by the parties.
Reports of issues accessing Facebook — as well as Facebook-owned platforms Messenger, Instagram, and WhatsApp — arose around 11:45 a.m. ET on Monday, according to user reports on Downdetector. Facebook said in a tweet that it is currently "working to get things back to normal as quickly as possible."
The attack on abokiFX and its owner, no matter how stubbornly sustained, will not save the naira from its embarrassingly free fall and, I predict that many other platforms will spring up in place of, or in solidarity with abokifx. Will the CBN attack all? Anyway, the average Nigerian does not need to visit an online platform to know that the naira is fast losing value.
Recall that filling Stations operating in Owerri, had earlier shut down their businesses to protest the refusal of payment of compensation to one of their members whose filling station was damaged by former Governor Rochas Okorocha’s administration.
Recall that few months ago, Distinguished Senator Oriolowo setup farm settlement in the three Federal Constituencies that makes up Osun West Senatorial District where the trainees will be breeding their cattles, engage in cocoa plantation and planting of other arable crops.
’We know that this business is viable, it will work and it will return dividends. It has a cash-flow that is sustainable because refinery business, in the short term, will continue to be sustainable.
“Some expected imports that were funded by foreign equipment loans and other direct allocations of foreign exchange for foreign exchange valid transactions were neither translated to imports nor their import duties paid to the Nigerian Customs Service.
TBs are short term debt instruments used by CBN to borrow money from the public on behalf of the federal government. The apex bank also uses TBs to control money supply in the economy.
On this first phase, we are looking mainly for cocoa and cassava farmers to populate the entire 1000 hectares and the priority will be given to people from Ife.
“According to Section 9 of the CBN Act, 2007, the apex bank governor must not venture into any other vocation while in office and must resign in writing to the President if he nursed such intention. There are more than enough reasons Emefiele must go now for the credibility of the bye-elections, the Ekiti and Osun governorship elections as well as the 2023 elections.”
Explaining why the ruling party inserted a withdrawal sheet for aspirants that procured nomination and expression of interest forms, APC’s National Publicity Secretary, Mr Felix Morka, in a chat with newsmen argued that the measure was in tandem with the party’s constitution and the Electoral Amendment Act 2022.
Ukatu through his Mallinson Group of companies imported into the country two-conatiner loads of five different brands of Tramadol in October 2019 through the Apapa ports in Lagos. All the evidences so far gathered show that the imported Tramadol brands were far above the threshold permitted to be imported into Nigeria.
It is on this note that I call on the EFCC and all other concerned government agencies in Nigeria to do the needful and investigate the Ministers and others who subsequently purchase the APC Presidential nomination and interest form for ₦100 million because it raises a clear suspicion as to the sources of their wealth especially considering the office being aspired to pays less salary cumulatively in a single tenure than the actual cost of declaration. Failure of the EFCC to investigate the source of their respective N100M will set a dangerous precedent and only send a message to the world that the agency’s is weak and has compromised on its primary mandate. The agency must fine-comb through the candidacy and campaign of all of the presidential aspirants notably those in the APC who have not batted an eyelid in paying the ransom called the nomination fee of their party.