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Sowore Releases 14 Key Demands From Nigerians To Tinubu’s Administration Ahead Of ‘Days Of Rage’ Protests
Omoyele Sowore, the convener of #RevolutionNow, has released a list of 14 demands from Nigerians to President Bola Tinubu’s administration, aimed at addressing the country’s governance challenges.
The demands, published on Sowore’s X account, are a result of inputs from Nigerians participating in the #EndBadGovernanceInNigeria campaign. The demands come ahead of the planned ‘Days of Rage’ protests, scheduled to take place from late July to August 2024.
He said, “So far, these are the commonest but fundamental demands from those who have responded to pursuing a general set of DEMANDs to #EndBadGovernanceInNigeria for the Days of Rage revolt scheduled for the end of July until August 2024.”
According to Sowore, the 14 demands are: “1. Scrap the 1999 Constitution and replace it with a People-made CONSTITUTION for the Federal Republic of Nigeria through a Sovereign National Conference to be immediately followed by a National Referendum.
“2. Toss the Senate arm of the Nigerian Legislative System, keep the House of Representatives (HOR), and make lawmaking a part-time endeavour.
“3. Pay Nigerian Workers a minimum wage of nothing less than N250,000 monthly.
“4. Invest heavily in education and give Nigerian students grants, not loans. Aggressively pursue free and compulsory education for children across Nigeria.
“5. Release Mazi Nnamdi Kanu unconditionally and demilitarize the South East.
“6. Renationalise publicly owned enterprises sold to government officials and cronies.
“7. Reinstate a corruption-free subsidy regime to reduce hunger, starvation and multidimensional poverty.
“8. Probe past and present Nigerian leaders who have looted the treasury, recover their loot, and deposit it in a special account to fund education, healthcare, and infrastructure.
“9. Restructuring of Nigeria to accommodate Nigeria’s diversity, resource control, decentralisation and regional development.
“10. Reforms of Security Agencies to stop continuous human rights violations and duplication of security agencies and enhance the physical security of Nigerian citizens.
“11. Establish a Special Energy Fund immediately to drive massive, corruption-free power sector development.
“12. Immediate Reconstitution of the Nigerian Electoral Body, the Independent National Electoral Commission (INEC) to remove corrupt individuals and partisan hacks appointed to manipulate elections.
“13. Massive investment in public works and industrialisation will help employ Nigeria’s teeming youths.
“14. Massive shake-up in the Nigerian judiciary to remove cabals of corrupt generations of judges and judicial officers that continue denying everyday citizens access to real justice.”
Sowore has declared the ‘Days of Rage’ protests to coincide with the fifth anniversary of the 2019 #RevolutionNow demonstration. He is urging nationwide mobilisation and calling for people to join the movement.
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Before final liquidation, NDIC set to auction Heritage bank properties
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.
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.
“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
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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Sad! Body of COAS, Lt General Taoreed Lagbaja, ready to be airlifted to Abuja(Photos)
Body of the Chief of Army Staff, Lt General Taoreed Lagbaja, ready to be airlifted to Abuja.
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