News

We’re retooling financial sector for better days ahead-FG

Published

3 months ago

June 9, 2024

By Kayode Sanni-Arewa

President Bola Tinubu has again acknowledged the economic challenges confronting Nigeria, assuring citizens that his administration is “retooling” the financial system to ease their economic difficulties.

Tinubu, former Lagos governor, who was sworn in as Nigeria’s President on May 29, 2023, said it has been “a very challenging time for us in the country”.

“Up till now, we are still retooling and rejigging our financial system to bring prosperity and relief to the people of this country,” the President said when he commissioned the Guzape Lot II Infrastructure Project in Abuja on Saturday.

He said the completion of the project was testament to what could be achieved through “diligent planning, collaboration and shared commitment to excellence”.

The President said commended the Minister of the Federal Capital Territory (FCT), Nyesom Wike, for delivering on the infrastructure renewal promises of the Federal Government to the people of the FCT.

“Nyesom Wike, you have provided exceptional leadership at a trying time for the country,” Tinubu said. “You’ve (Wike) demonstrated the capacity to build a team, to lead a team and to deliver on promises. I commend you. Well done.”

Pursue Dialogue, Not Litigation’
The President also urged the stakeholders in the FCT to pursue dialogue and not litigation to resolve land disputes.

“To all of you here and the district head of Guzape or representing the district head, litigation is not the answer, conversation is the answer,” Tinubu said.

Development that is focused on the people for the economic prosperity, the benefit of all, is what should reside in us.

“Of what value is the land that is blocked by these high mountains and rocks that you cannot access, nor provide drinkable water?” the President queried.

“It’s not a personal thing. I stand here as the President. I don’t have a plot here but I have the people’s support and the mandate to deliver good quality of life and living environment. That should be enough for all us to share in the joy of commitment, dedication, perseverance, and the gifts that God has endowed us with.”

The Chief of Staff to the President, Femi Gbajabiamila; and the FCT Minister of State, Mariya Mahmoud; among other dignitaries were also at the event.

Prices of food and basic commodities have gone through the roof in the last weeks, as Nigerians battle the country’s current economic crisis sparked by the current government’s twin policies of petrol subsidy removal and unification of forex windows.

On Sunday, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, assured Nigerians that food prices would come down in the coming months.

“Inflation, yes, it is high at 33.65%, food inflation at 40.5% is worrisomely high but the fact is that inflation is coming down, month-on-month. It is slowing and it is expected to reduce as we continue the dry season harvest and then we go into the wet season harvest.

“That is the place to focus on and a lot of emphasis is being placed on that to get agriculture output up, to get prices down, and that will be a big factor in bringing down inflation.”

News

Edo guber: LP’s Akpata remains a front runner, set to capture Edo

Published

2 hours ago

September 20, 2024

Kayode Sanni-Arewa

By Kayode Sanni-Arewa

Less than twenty-four hours to the start of voting in Saturday’s governorship poll in Edo State, a rash of fake news has broken out.

Leading parties in the election have had their fair shares of fake news either indicating the withdrawal of their candidates or disqualification by a Magistrate Court or Supreme Court.

For instance, Olumide Akpata of LP was said to have withdrawn from the race and thrown his support for Asue Ighodalo in a statement that read smoothly and appeared convincing.

THE CONCLAVE sent the statement to Akpata via WhatsApp for confirmed.

He responded by sending the same statement with FAKE NEWS boldly stamped on it.
He said he was set for victory at the poll.

There was also a news flash about the Supreme Court disqualifying Asue Ighodalo of the Peoples Democratic Party, with a sign off: More details coming….

A Magistrate Court in Abuja was also reported to have disqualified Monday Okpebholo of the APC from the poll on account of age falsification.

The APC campaign organisation had swiftly put a lie to the report by deploying the court papers in the circumstance.

News

Guber poll :PDP govs storm Edo to support Ighodalo

Published

2 hours ago

September 20, 2024

Kayode Sanni-Arewa

By Kayode Sanni-Arewa

Barely 24hours to governorship election in Edo State, no fewer than two governors elected on the platform of Peoples Democratic Party (PDP) on Friday arrived Benin City.

The governors, Ahmadu Fintiri of Adamawa and Kefas Agbu of Taraba, arrived the state to mobilise support for the party’s candidate, Asue Ighodalo.

Fintiri made this known in a post on his social media page on Friday evening.

He said : “Just touched down in Edo State alongside my brother, Gov. Agbu Kefas, ahead of the September 21st gubernatorial election. We stand united in support of our Official PDP Nigeria candidate, Asue ighodalo, for a brighter future.”

Edo governor, Godwin Obaseki, who is the PDP leader in the state, had earlier cried out over alleged plot by the All Progressives Congress to rig the election.

As at the time of filling this report, it was unclear if other PDP governors would also hit the state for the election

News

Speed Darlington taunt Burna Boy about his grammy award (+Video)

Published

2 hours ago

September 20, 2024

Austin Ojomah

……. As Speed Darlington queries Afrobeats singer, Burna Boy over his Grammy win.

By Ojomah Austin.

Controversial Nigerian rapper, Speed Darlington has sparked controversy with his claims that Burna Boy’s Grammy Award win can be attributed to the influential role of American rapper and entrepreneur, P. Diddy.

Amid allegations against US rapper, P.Diddy, resulting in his arrest, Speed Darlington suggested that Burna Boy had an intimate relationship with Diddy which paved the way for him to win the Grammy.

Speed Darlington’s bold and contentious assertion comes amidst recent allegations surrounding Diddy, who was reportedly arrested by the Federal Bureau of Investigation (FBI) on charges of human trafficking and racketeering conspiracy.

In a provocative Instagram video, Speed Darlington credited Diddy for Burna Boy’s rapid ascent to international fame and Grammy success, highlighting the American rapper’s significant impact on Burna Boy’s music career.

Speed Darlington openly challenged Burna Boy to disclose the nature of his relationship with Diddy. Suggesting an amorous relationship between the duo, he blatantly asked Burna Boy to reveal how many bottles of oil Diddy used on his buttocks before he was able to win a Grammy.

In his words:

“It wasn’t long after Burna Boy posted a photo of him and Diddy that he won a Grammy Award. Burna Boy, don’t be offended, but how many oils did Diddy use on your nyash before they gave you the Grammy Award?”.

In response to Speed Darlington’s video, One @oluchukwu_____ wrote: “Akpis confidence need to be studied 😂😂.”

vibe_with_fiona wrote: “When burna comes for him,make una no say burna too do o?”

godson_allsom wrote: “If there is Grammy for comedians 😂 akpi for done win like 10.”

official_kahlan wrote: “Presido I don tire to defend you 😂 ga zu ike 🙄.”

asikosharon50 wrote: “Very anyhow talk, Burnaboy won Grammy for his hard work and talent . If na Diddy dey share Grammy why him own Artist for him label nor dey win the Grammy? Na him be say Tems dey and wizkid sef they nick people dem work with naa, useless talk …”

jaytee_yna wrote: “I’m a big fan of Akpi but this is so irrelevant and irresponsible. Burna’s hardwork & God’s grace gave him the Grammy. Okbye!”

lorah_irez wrote: “If person never bèat akpi he no go rest, wetin be this na 😂😂😂.”