News

FG, EU to deepen stronger ties

Published

8 months ago

February 29, 2024

By Francesca Hangeior

The Federal Government has advocated for stronger ties with the European Union to tackle developmental issues confronting the country.

The Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu made this advocacy during a courtesy visit on him by members of the European Union Council Working Group on Africa.

Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu (middle) flanked to the left by the Ambassador of EU to Nigeria, Samuella Isopi and to the right by the Chair, Africa Working Party, Yemina Gerfi and other members of the delegation
The Minister appreciated the growing relationship between the European Union and Nigeria, while stating that, “a number of bilateral agreements such as the SAMOA agreement had been signed between both countries”.

He called for more collaboration in the areas of propagating democratic principles, climate change, migration and infrastructural deficits in the country, while expressing hope that Nigeria will remain a market oriented country with double digit growth.

Bagudu assured the delegation that, “the Federal Government had taken a number of measures to tackle the inflation in the country by reducing monetary supply, introducing more inflow of foreign exchange, boosting of domestic production of agricultural products and manufacturing among others measures”.

Earlier in her address, the European Union Ambassador to Nigeria, Samuella Isopi, affirmed the EU’s readiness to deepen collaboration and contribute significantly to Nigeria’s economic growth.

She lauded the positive outcomes of previous economic collaborations and expressed eagerness to advance initiatives like the Sustainable Investment Activation Agreement.

Isopi reiterated EU’s commitment to fostering an enabling environment for increased investment in Nigeria.

The Chairman of the Africa Working Party of the Council of the European Union, Miss. Yamina Gerfi, said, “the aim of the visit was to deepen understanding and cooperation with Nigeria and the region. She therefore highlighted the importance of engaging with diverse stakeholders to boost EU-Nigeria collaboration for the benefit of both parties”.

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.