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“Stop disturbing BDCs, they are not the cause of dollar rise’-Peter Obi cautions FG

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By Emmanuel Agaji

The main opposition Voice and the Labour Party Presidential Candidate in last year’s general election, Peter Obi has advised government agencies arresting Bureau de Change operators to stop because they are not the problem of the naira fall or dollar rise.

Obi said in his X handle on Sunday that the action is primitive goes to show a poor understanding of the problems.

According to the LP leader, the recent reported attacks and disruption of the business activities of Bureaux de Change (BDCs) operators in different urban centers across the country by Government Agencies, are ill-advised and wrongly directed.

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“Rather than solve the problem, the action will further escalate and worsen the exchange rate situation
in the country.

“The BDCs are not the primary suppliers of forex nor do they create demand. They only provide a market to sellers and buyers of foreign currency.

“They are part and parcel of every economy and can be found even in the developed economies of the world.

“To think that the BDCs are the cause of the declining value of the Naira is a smack on rational economic thinking.

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“The only way to shore up the value of our currency is to move the country from consumption to production, especially export-led production, and fight corruption, which allows unproductive money to pursue the available supply of foreign currency.

“As long as Nigeria remains an unproductive economy and corruption continues unfettered with people in possession of unproductive excess cash, the value of our currency will continue to depreciate.

“It’s important therefore that government authorities properly understand the workings of a modern economy and channel their efforts accordingly, and stop ridiculing the nation in the eyes of global economies.

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Insecurity! Gunmen kill police inspector in highway ambush

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A police Inspector, Christian Gbaratee, was killed after gunmen ambushed a team of police officers on Tuesday along the Port Harcourt–Aba Road.

A counter-insurgency expert, Zagazola Makama, disclosed this via his X handle on Thursday.

Quoting police sources, Makama stated that the incident occurred around 8:30 p.m. while the officers were returning from a trip in Rivers State.

He also disclosed that the armed assailants, numbering five, were dressed in combat attire during the ambush.

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He wrote, “A team of officers, including ASP Victor Eze and Inspector Nwanochi Ndubuisi, were returning from Port Harcourt, Rivers State, when they were intercepted by five armed assailants dressed in combat attire. The attack took place on a narrow road after a filling station along the Port Harcourt–Aba Road, Asa.

“During the confrontation, Inspector Christian Gbaratee was shot dead, while Inspector Ekoro Isong went missing. The gun stolen from Gbaratee during the attack, as well as the suspect who had been in custody, were taken by the assailants.”

He further disclosed that a prompt response by the police led to the recovery of a Toyota Corolla and other items, including expended ammunition, a laptop, and three travel bags.

“Additionally, Inspector Isong later surfaced unharmed. The body of the late Inspector Gbaratee has been deposited at the Euro Allied Medical Centre Mortuary for autopsy.

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“A search operation in collaboration with military personnel is ongoing to track down the attackers and recover the stolen firearm,” he added.

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Tinubu to establish child protection, development agency

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By Francesca Hangeior

President Bola Tinubu has stated that the Federal Government is taking concrete steps to protect the dignity and future of every Nigerian child, even as he said plans have been concluded to establish a Child Protection and Development Agency to coordinate all issues affecting Nigerian children in a unified and focused manner.

Tinubu spoke on Thursday during the first regional meeting of the Africa Pathfinder Countries of the Global Alliance on Ending Violence Against Children.

The event was held at the Presidential Villa in Abuja. The president was represented by Vice President Kashim Shettima.

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Tinubu said his administration is taking concrete steps to protect the dignity and future of every Nigerian child.

“Our legal frameworks reflect our conviction. From the Child Rights Act to the Violence Against Persons (Prohibition) Act, Nigeria has laid down the statutory foundation for the protection of children.

“But legislation alone does not shield the vulnerable — it is the will behind those laws, and the systems that enforce them, that make the difference.

“That is why our national strategy also embraces prevention and early intervention.

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“We are strengthening families and communities through programmes that promote positive parenting, challenge harmful social norms, and provide targeted support to vulnerable households. But we must be honest with ourselves. We cannot protect the child by merely reciting the anthems of their struggles or romanticising their vulnerability, Tinubu said.

He stated that the real hope lies in action — concrete, deliberate action.

“Our commitment must run deep, reaching into the very architecture of our education and health systems. This is the soul of our human capital development strategy,” he said.

Tinubu added that every Nigerian child should grow and learn in a safe environment.

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“We aim to ensure that every Nigerian child has the opportunity to grow, learn, and thrive in a safe and nurturing environment. This is not simply a policy objective; it is a moral obligation.

“We are investing in safe schools and embedding socio-emotional learning into our national curriculum.

“We are rolling out the National Guidelines on Alternative Care to ensure that even children without parental care are raised in love, safety, and stability,” he said.

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Just In: JAMB releases 2025 UTME results, withholds 39,834 over misconduct

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The Joint Admissions and Matriculation Board, JAMB, on Friday announced the release of the 2025 Unified Tertiary Matriculation Examination, UTME, results.

The board disclosed that it is withholding the results of 39,834 candidates over issues relating to examination irregularities.

Recall that over 1.9 million applicants participated in the just-concluded exercise.

JAMB also disclosed that 80 suspects across the country are currently under interrogation for examination fraud, with Anambra State leading the pack with 14 suspects.

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JAMB Registrar, Prof. Ishaq Oloyede, stated this on Friday while officially releasing the 2025 UTME.

He also disclosed that while 467 underage candidates met the prescribed minimum score, 50 were engaged in cheating scandal.

A press conference to this effect is ongoing.

Details coming…

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