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Weak Naira Is Good, Many People Can’t Travel Again – Tinubu’s Aide
The Special Adviser to the President Bola Tinubu on Economic Matters, Tope Fasua, has said a weaker currency for the country was one of the best policies of the government.
Tope Fasua said the country’s currency’s low performance in comparison to other currencies has focused the attention of businesses on sourcing local raw materials.
In an interview with Arise TV on Monday night, Fasua noted that the current exchange rate has also stopped Nigerians from leaving the country for other countries.
Fasua argued that Nigeria has more students in the United States and the United Kingdom than most developed countries, not because the country’s education was totally bad but because of wrong choices. He said the weak Naira was also addressing it.
“I’m giving the advantage of making that currency weaker. Because now we’re focusing more on Naira and what Naira can do. We’re focusing more on what we can do ourselves. We’re focusing more on Nigerian raw materials. Many manufacturing companies have now started sourcing local raw materials rather than importing them.
“A lot of people aren’t traveling as many times as they would before. That’s one of the things, especially the middle class. And our middle class were special people. I mean, we assumed that we could travel five, six times on business class every year.
“How come Nigeria is the third or fourth country with the highest number of university students in the U.K. and the U.S. of all the countries in the world, we are rubbing shoulders with China with 1.4 or 1.5 billion people, we’re only 200 million people. That means that we’re putting so much money. It is not necessarily a failure of our education. It’s just aspiration. It’s aspiration,” he said.
The President’s Economic Adviser stressed that it was wrong for critics to assume the country would grow to be like Western nations that have been developing for years.
He emphasized that many Nigerians complaining of no work have decided not to work. According to him, the country has work for the citizens.
“The fact that we are rubbing shoulders and expecting that our economy and society will be at par with even the people that gave us colonization, who have had maybe 2,000 years of documented history. That means we have been preposterous. We’ve been preposterous, you know, because we can’t, your child cannot try and be you today. He has to learn and grow. And it’s also a matter of time.
“It’s good that the Naira has become weaker, but it has made us focus more. However, what we’re saying is that for those who are enterprising, for people who have work, who want to work, indeed, there’s work in this country. For those who want to work,” Fasua added.
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Terrorists Bombard Nigerian Military Base In Yobe With Fighter Drones After Borno Attack
Security sources revealed that the terrorists on Wednesday attacked the 27 Task Force Brigade base in Buni Gari, Yobe State.
Suspected terrorists have launched a drone attack on a military base in Yobe.
Security sources revealed that the terrorists on Wednesday attacked the 27 Task Force Brigade base in Buni Gari, Yobe State.
However, soldiers attached to the base were able to shoot down the three fighter drones, the sources added.
“It seems that is the latest now; the use of drones by these terrorists. They launched the attack around 5pm but our men were vigilant immediately they started hearing a strange noise and the three drones were shot down,” a source told SaharaReporters.
This comes less than 48 hours after six soldiers were confirmed injured following a drone strike by terrorists on another military base in Borno State.
Media had reported how the terrorists attacked the Forward Operating Base in Wajiroko in the Damboa Local Government Area on Monday afternoon.
A military signal obtained by the newspaper also confirmed the incident.
The signal added that a gun truck belonging to the army was damaged after the terrorists used multiple drones to attack the base.
It had read, “At about 231300A Dec 24, terrs launched attk using mor and other fire arms on tps at FOB Wajiroko in Damboa LGA. Tps repelled the attk, forcing terrs to wdr in disarray.
“Shortly after, at about 231323A DEC 24, FOB Wajiroko came under another attk using multiple armed drones carrying locally fabricated gren. TPS OBSN up to 4 diff armed drones. *Own Cas*. 5 X Sldrs sustained injuries. *Own Eqpt Cas*. 1 X GT damaged. *BH/ISWAP CAS*. Nil. Cas recvd first aid, awaiting evac To 25 BDE FD amb for further med attn.
“Gen Sy sit is calm but highly unpredictable. TPS Morale and fighting efficiency remain satisfactory. PSE ACK///.”
Nigeria has been battling with the insurgents in the North East region for about 14 years now.
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No Regret In How I Did My Job, Says Ex-Minister
Former Minister of Women Affairs, Uju-Ken Ohanenye, on Wednesday said she has no regrets over some actions she took as minister.
Since her appointment in August 2023, Ohanenye has been marred by controversy in office, including her threat to sue the United Nations (UN) for allegedly mismanaging funds meant for Nigeria.
She was fired by President Bola Tinubu on October 23, alongside four other ministers at the time – Lola Ade-John (Tourism), Jamila Bio Ibrahim (Youth Development), Tahir Mamman (Education) and Abdullahi Muhammad Gwarzo (Housing and Urban Development).
Two months later, she weighed in on some issues regarding her stay in office, saying she did her best as minister within the year she held sway at the Women Affairs Ministry.
“I have a responsibility given to me to man that place and make sure things go right. I wouldn’t have tolerated anybody trying to rubbish deceit given to me,” she said on Channels Television’s Politics Today.
“There must be an impact on people. I’m glad that I didn’t give such chance and I have no regret in the way I did my job. That was the highest way I would have done that.”
During the interview, she spoke on some donations on October 15 made by many Nigerians to help some vulnerable Nigerians.
According to her, she was sacked as minister two weeks after the ministry raked in over N200 million.
“The programmes I initiated like the mobile courts, going to rescue small girls hawking on the streets, I did not have money for that because it wasn’t part of what was budgeted for.
“When I called on Nigerians, I was so surprised a lot of them gathered at the villa and donated money to this effect. They were very happy to support it.
Unfortunately, not up to two weeks after the donations, I was sacked. When that happened, there was no way I could use that money. I asked the secretary in charge to write to the bank to do a reversal of the funds,” she added.
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Surge In Fire Incidents Imminent In This Hammattan, Expert Warns
A fire safety expert, Debbie Windele has warned of possible increase in fire incidents in the country during Harmattan.
Speaking at the weekly e-Discourse organised by leading Pan-Africa forum, Platforms Africa, Windele, who is the Managing Director of Safety Experts Limited said the only way to reduce it is to practice a good Fire Safety Culture in homes and places of work.
Harmattan occurs between the end of November and the middle of March.
The season has always been associated with high risk of fire outbreak due to low humidity and dry air. Deaths are typically recorded during such fire outbreaks.
“The Harmattan season comes with environmental challenges such as , dust, cold dusty air, dry skin and of course Fire incidents occur more this time of the year because of the dryness.
“When a small fire starts, it tends to spread very quickly. Human activities such as indiscriminate burning tends to aggravate fire during this season. If we must burn, it must be monitored,” Windele said at the event anchored by Accra, Ghana-based veteran journalist, Mr. Francis KOKUTSE.
She continued; “And in our homes, we must ensure that cooking is not left unattended, electrical appliances switched off when not in use, we should also reduce the dust gathering in our homes. Regular cleaning must be done.
“The only way to reduce it is to practice a good Fire Safety Culture in their homes and places of work among others.”
The expert who described Bush Fire as the major problem said regular pruning of bushes and trees , removal of weeds and racking of leaves will help in the prevention and reduction with any damage as a result of bush fires.
She said inadequate personnel and equipment are a major bane in the sector and urged government to invest in combating fire incidents.
“Africa leadership must invest in this area of public service so we can align with global standard on both firefighting personnel and equipments to enhance performance,” she said.
Speaking further, she said “continuous advocacy and sensitization are required on the part of the various arms of Government.
African Government should aim to build more Fire Stations, develop current staff, increase the current staff strength by recruiting and training more officers, provide them with decent work benefits so as to attract and retain the right people in the service,” she added.
Team Lead, Platforms Africa, Adeola Yusuf, called for more fire safety Consciousness among the government and people of Africa particularly during this Hammattan period.
“Platforms Africa is, through our weekly e-Discourse and many others, fast becoming a reference point in Africa. Our vision is to end misinformation, disinformation, mal-information in the World, starting from our continent. Our mission is to create and sustain cycles of informed Africans, and through the support and efforts of our resource persons, we shall continue to our best,” Yusuf said.
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