News

Qatar Snubs Tinubu’s Visitation Request

Published

8 months ago

February 24, 2024

By Kayode Sanni-Arewa

Qatari authorities have turned down President Bola Tinubu’s request to visit the nation and hold a business and investment forum.

The Qatari government in a letter to the ministry of foreign affairs on Thursday disclosed that it would not be able to welcome Mr Tinubu and hold the proposed forum on March 2 and 3 due to the lack of a legally binding agreement between Qatar and Nigeria for the promotion of investment.

It also noted that its ministry of commerce had other commitments on the days Mr Tinubu desired to visit.

The Embassy has the honour to inform that the Ministry of Commerce and Industry in Qatar apologises that it will not be able to hold a Business and Investment Forum as proposed by Nigerian side” because “there is no any agreement signed between the State of Qatar and the Federal Republic of Nigeria on Investment Promotion and Protection,” the letter sent to the foreign affairs ministry on February 22 stated.

The Gulf nation further stressed that its commerce and industry minister, Sheikh Mohammed bin Hamad bin Qassim al-Thani “will be carrying out official missions outside the country during the upcoming visit period” which makes him unavailable to meet with the Nigerian leader.

It added that its officials would be too busy because Qatar was hosting its own “web summit” the same time Mr Tinubu planned to visit.

“The State of Qatar will be hosting a web summit during the suggested period and the state’s authorities will be preoccupied with this event,” the letter indicated.

The Qatari government’s failure to reschedule the business forum to a more convenient period, perhaps, suggested its unwillingness to forge any economic alliance with Nigeria.

Last year, the United Arab Emirates authorities faulted an announcement that a visa ban on Nigerians had been lifted after Mr Tinubu visited the UAE leader, Mohammed bin Zayed Al Nahyan.

News

Just in: Ex-HoR member finally regains freedom after serving jail term in Kuje

Published

1 hour ago

October 22, 2024

Naijablitznews

Ex- House of Representatives member, Hon Farouk Lawan has finally regained freedom after serving his jail term at Kuje custodial.

Lawan in a statement he personally signed thanked his family and friends who supported him while serving his jail term in Kuje.

Read statement below:

“I Thank Almighty Allah – Hon Farouk Lawan

Alhamdulillah
Alhamdulillah
Alhamdulillah

“Today marks the beginning of a new chapter in my life as I step out of Kuje Custodial Centre, with a heart full of gratitude to Allah SWT for seeing me through this trial.

“My gratitude is deep, I’m alive and in good health and high spirits to be with my family, friends and associates. I don’t take that for granted.

“I remain grateful and indebted to my family and friends who stood by me through this particularly trying phase of my life.

“May Allah SWT bless you🙏

News

Reps Displeased With Nigerian Navy Over Arbitrary Purchase of Foreign Platforms, Seaman Abbas’ Dismissal

Published

1 hour ago

October 22, 2024

Gloria Ikibah

By Gloria Ikibah

The House of Representatives has expressed displeasure with the Nigerian Navy for indiscriminate acquisition of foreign platforms without its knowledge, and failed to respond to its letters demanding for documents to facilitate effective oversight of the security agency.

Chairman, House Committee on Navy, Rep Yusuf Gagdi stated this while addressing journalists after a closed door meeting with the leadership of the Nigerian Navy, during an oversight visit, on Monday in Abuja.

He said: “We cannot say anything now until we have gone to see those projects, the platforms that are being built, then we can come back here, and have another interaction”.

Gagdi also provoked with the Nigerian Navy over at manner in which the case of a personnel, Seaman Haruna Abbas, was handled, leading to his dismissal after six years in detention.

Abbas was allegedly held in detention for the period without trial over some disciplinary issues. As a result, his wife had cried out through a popular Abuja radio programme, Brekete Family Radio and Television programme on Human Rights Radio. This sparked wide condemnation before the Navy tried and subsequently dismissed him from service.

“We came for an oversight function, you all know every committee has the Constitutional power, so we came to the Navy to ask questions on tax payers’ money, how monies appropriated to the Navy is being spent.

“We came to ask questions on how interventions by the President of the Federal Republic of Nigeria is being spent by the Navy. How the junior officers are being treated by the senior officers, including the famous case of Seaman Haruna, how he was suddenly dismissed. It is our responsibility on behalf of the Nigerian people to ask questions on these pertinent issues.

“We’ve asked them, but we are generally uncomfortable with them, so we’ve said that we are going to go on oversight visit, to perform a deep rooted oversight to know how resources are being applied and how disciplinary matters are being handled by the Navy.

“So by the special grace of God, it’s not a new thing, we are only doing our job. And I have told you without any fear of contradiction that the committee is not satisfied.

“Beyond the Seaman Abbas issue, we are not satisfied with the non-response to letters written by this committee, for documents demanded to guide us in our oversight function and so on, and the acquiring foreign platforms without the knowledge of this committee, and so many things.

“We cannot say anything now until we have gone to see those projects, the platforms that are being built, then we can come back here, and have another interaction”, he added.

In his brief earlier, the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, told the committee that the Navy was facing several challenges hinging on but not limited to “inadequate resources to effectively carry its operations.”

The CNS stated that beyond its military responsibility, the Navy also performs the function of policing the waterways, complementing the Nigeria Customs which has no deep-sea policing capacity.

News

SEE Black Market Dollar To Naira Exchange Rate Today, October 22

Published

1 hour ago

October 22, 2024

Naijablitznews

See Exchange Rate As Naira Gains 0.07%

Black Market Dollar To Naira Exchange Rate Today, October 22 2024 Can Be Accessed Below.

The official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates.

Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand for dollars in the market. While you can currently purchase one dollar at a certain rate, it’s important to remember that the rate can shift (either upwards or downwards) within hours.

How much is a dollar to naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1715 and sell at N1725 on Monday 21st October 2024, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1715
Selling Rate N1725
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1651
Selling Rate N1652
Please note that the rates you buy or sell forex may differ from what is captured in this article because prices vary.