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Obi @63 on Friday: “Celebrate me by channelling resources to the poor and the needy “

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By Kayode Sanni-Arewa

The Labour Party Presidential Candidate in the 2023 general election, Peter Obi will be 63 years old on Friday, July 19, 2024.

Reacting ahead of the day, the LP standard bearer directs all those well wishers planning to celebrate him to direct the resources to the poor and the needy in the society.

Writing on his X handle on Wednesday ahead of the day Obi said he would wish for a solemn celebration as usual especially now that the poor and the needy are swelling in our midst.

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“On Friday, July 19th, I will be celebrating my 63rd birthday. As usual, it is a time for personal reflection and thanksgiving to Almighty God, who has graciously granted me life, good health, and the opportunity to contribute to the betterment of humanity. I am humbled by the numerous well-wishers, both locally and internationally, who have already begun sending birthday wishes and organizing events in my honour.

“My appeal to my well-wishers and supporters, particularly in Nigeria and Africa, is to use this occasion to fervently pray for our nation and respective countries. Let us present ourselves, as political leaders, to God, so that He may touch our hearts to make sacrifices, utilize public resources for the greater good, and prioritize the needs of the poor and marginalized. Let us also provide better opportunities for our youth to thrive.

“To those organizing events and spending funds in celebration of my birthday, I kindly request that you redirect those resources towards supporting the needy, particularly those in hospitals and schools. Your contributions can help pay medical bills and school fees for the less privileged.

“I also appeal that all gifts intended for my birthday be donated to care homes, schools, and hospitals, which will greatly benefit from your generosity. I have therefore personally, redirected the resources I would have used for celebrations towards supporting critical areas such as health, education, and poverty alleviation. I firmly believe that through these sacrifices, God Almighty will grant your heartfelt wishes for me and answer our prayers.

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“Thank you for your kind thoughts and prayers. I urge you all to remain faithful to Nigeria, our beloved country, and your respective nations. May God Almighty protect, bless, and prosper you and your families, and may He bless our dear nation.

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Just in: Plateau Govt Approves N70k Minimum Wage for Civil Servants

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By Kayode Sanni-Arewa

In line with discussions reached after consultation with relevant stakeholders, the Plateau State Government has approved immediate implementation of the N70, 000 minimum wage for the workforce in Plateau State.

The cheering news is contained in a Press Statement signed by the Head of Civil Service in the State, Stephen Pam Gadong.

Full text of the statement reads in part:

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Following the Agreement of the Committee on Consequential Adjustment on Salaries on 13th, November, 2024, the Executive Governor of Plateau State, His Excellency Barr. Caleb Mutfwang, has approved the immediate implementation of the N70,000 minimum wage for workers in the state.

The Implementation is a demonstration of the Governor’s commitment to prioritizing the wellbeing of the workforce in acknowledgement of their invaluableble role in driving the State’s developmental goals.

As the new wage policy is administered, Civil Servants are encouraged to embrace this gesture by recommitting to their duties with renewed dedication and zeal in order to foster a culture of productivity and excellence in service in the State.

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Before final liquidation, NDIC set to auction Heritage bank properties

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In a bid to ensure timely declaration of liquidation dividends to uninsured depositors of the failed Heritage Bank (In-Liquidation), the Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of auctioning the landed properties and chattels of the defunct bank.

According to the Corporation, this exercise is in line with its statutory powers as the Liquidator of failed banks under section 62 (1)(d) of the NDIC Act, 2023, noting that; “This is another follow-up action sequel to the disposal of physical assets and chattels belonging to the defunct bank at its leased locations nationwide”.

This was contained in a statement signed by the Director, Communication and Public Affairs Department, Bashir A.

Therefore, the auction of the landed assets shall be by competitive bidding in sealed bids scheduled to take place at the six (6) selected locations of the Corporation across the country, for the affected 36 branches of the failed bank beginning from Wednesday 4th December 2024.
“Buyers who wish to participate in the auction are expected to follow laid down guidelines purposely aimed at ensuring transparency, fair competition, equity, and accountability to enable recovery of commensurate values from the exercise. This is critical for the payment of liquidation dividends to eligible claimants.

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The Corporation shall give preference to financial institutions who are willing to buy at the highest auctioned value to allow for the continuation of provision of banking services to the Nigerian public at the designated locations”, adding; “This is desirable towards bolstering financial inclusion as envisaged by the financial system regulatory authorities.

“However, Corporate bodies and Private individuals willing to compete are equally eligible to compete in the process without prejudice, the auction shall be open and competitive to all bidders.

Furthermore, bidders will be allowed to inspect the properties and chattels across all locations one week before the date of disposal.”

Importantly too, the statement said; “All interested parties are to make available 10% bid security of the value of their sealed bids to be dropped in the bid box provided at the specific centre out of the six locations of the Corporation as contained in the published advertisements.

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“All interested bidders are advised to submit their bids only at the designated NDIC offices covering their choices amongst Abuja, Lagos, Bauchi, Kano, Enugu, and Port Harcourt.”

Meanwhile, the Corporation has vowed that there would be no hiding place for debtors of the defunct Heritage Bank whose financial obligation portfolio is in the region of over N700 billion.

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Naira slumps in parallel market

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The Naira experienced a slight depreciation yesterday, slipping to N1,740 per dollar in the parallel market compared to its previous rate of N1,735 per dollar on Tuesday.

According to data from FMDQ, the indicative exchange rate for the Nigerian Autonomous Foreign Exchange Market (NAFEM) strengthened, rising to N1,645.4 per dollar from Tuesday’s rate of N1,689.88 per dollar. This marks an appreciation of N44.48 for the Naira.

The market also saw a significant increase in dollar trading activity, with turnover climbing by 122.5 percent to reach $236.84 million, up from $106.44 million the previous day.

As a result, the gap between the parallel market and the NAFEM exchange rate widened, now standing at N94.6 per dollar, up from N45.12 per dollar recorded on Tuesday.

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