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Tinubu serious in solving economic crisis — Wike

Published

4 months ago

July 27, 2024

Admin

Minister of Federal Capital Territory (FCT), Nyesom Wike on Friday said President Bola Ahmed Tinubu is serious in solving the economic crisis in the country.

Wike gave the assurance during the inspection of the ongoing construction of the 7.3 kilometers Gaba/Tokulo road in Bwari Area Council.

He pleaded with Abuja residents to give the present administration the needed support to deliver the dividends of democracy.

Addressing reporters during the inspection visit, the FCT Minister expressed satisfaction with the speed and quality of work on the road project and assured that it will be adequately funded to ensure its timely completion by December this year.

The Minister who revealed that the project was 40 percent complete, said about 70 percent of the contractual sum has been paid to the contractor by the FCT Administration and expressed confidence in the capacity of the contractor to deliver the project within the agreed schedule.

Wike further disclosed that the Gaba/Tokulo road, when completed, will not only enhance transportation in the rural parts of the FCT, but will also improve food security in the nation’s capital by providing access to the farmlands, as well as access to the markets.

He also stressed the commitment of the FCT Administration to providing infrastructure in the FCT Area Councils, in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu.

Wike said: “So many people have thought that we are only concentrating in the city. Yesterday, we were in Saburi, today we are in Bwari. Tomorrow, we will be in Kuje, so that people will understand that while we are doing in the city, we are also carrying out development in the satellite towns and the rural areas because by the Renewed Hope Agenda, development is not only to be concentrated within the city but also to take to the rural areas in order to improve the economy.

“Here is an agrarian area; without this road, how are they going to move their goods? And this is part of the problems we have in terms of food insecurity. People are talking about shortages of food, but if we don’t have means of transportation, that is also a problem.

“We are trying to solve that problem of transportation for farmers to be able to go and bring whatever they have produced for people to consume or to buy”.

Wike, while thanking the people of Bwari for their support for the government, also reiterated that President Tinubu was committed to addressing the economic problems of the country and called for their continued support.

He said: “We thank the people of Bwari and we want to also let them know that the government of President Tinubu is serious about solving the economic crisis we have. All we urge Nigerians is just to be patient.

News

SEE Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22 November 2024

Published

1 hour ago

November 22, 2024

Naijablitznews

The black market dollar to Naira exchange rate on Friday 22 November 2024 can be accessed below.

NewsOnline Nigeria has obtained 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 of dollars in the market. As of now, you can purchase 1 dollar at a certain rate now, however, 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):

According to Bureau De Change (BDC) sources, the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players bought a dollar for N1710 and sold it for N1750 on Friday, November 22, 2024.

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 N1730
Selling Rate N1740
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1745
Selling Rate N1750
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

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Simon Ekpa to Face Extradition, DHQ Declares

Published

1 hour ago

November 22, 2024

Naijablitznews

The Nigerian Defence Headquarters, Abuja, has declared that Simon Ekpa, the self-proclaimed prime minister of the Indigenous People of Biafra (IPOB) will be extradited to the country to face charges against him.

Speaking on the arrest of Ekpa in a short press statement made available to journalisrs, the Director of Defence Information, Brig Gen Tukur Gusau, said the Chief of Defence Staff, Gen Chris Musa, was pleased with Ekpa’s trial.
Gusau wrote: “CDS is happy with his arrest in Finland, with the hope this will be a step towards his extradition to Nigeria so that he will face justice.”

Recall that the Finland district court in Lahti had ordered the remand of Simon Ekpa on probable cause for public incitement to commit a crime with terrorist intent in Nigeria. Ekpa was accused of using social media platforms to spread separatist propaganda linked to IPOB, a group advocating for the secession of southeastern Nigeria.

The court alleged that the offences dated back to August 23, 2021. Finland authorities have also investigated Ekpa in the past for alleged financial crimes, including the collection of funds through questionable means.

The head of the investigation, crime commissioner Otto Hiltunen of the Central Criminal Police, stated, “The police suspect that the man has promoted his efforts from Finland with means that have led to vi3lence against civilians and authorities as well as other crimes in the region of South-Eastern Nigeria. The man has carried out this activity, among other things, on his social media channels.”

News

Oil theft: DHQ rubbishes Tompolo’s allegation against Navy

Published

1 hour ago

November 22, 2024

Naijablitznews

Defence Headquarters, Thursday, described as ‘laughable’, allegation by Chairman, Tantitta Security Services, Mr Government Ekpemuopolo, alias Tompolo, that the Nigerian Navy was sabotaging the fight against crude oil theft.

Noting that it cannot be seen to be joining issues with Tompolo, the DHQ, said the work of the Navy and its determined efforts to rid the Niger Delta of economic saboteurs and crude oil thieves which is reflecting on the nation’s crude production, was there for everybody to see.

Director of Defence Media Operations, Major General Edward Buba disclosed this while commenting on Tompolo’s allegation made on Monday.

He said: “What I will say is that such allegation is just laughable. We will not join issues with anybody. What we seek is cooperation not conflict. We don’t want all these back and forth. We don’t want all this blackmail. What we want is working to ensure increased production of crude oil.

“The efforts of our Navy is very obvious. It is there for everybody to see and we are seeing the increase in crude oil production. We are ready to work in collaboration with stakeholders to continue to increase oil production. That is what we want.”

Recall that Tompolo had on Monday accused Navy personnel of being a clog in Tantitta’s fight against oil theft in the Niger Delta, calling on Nigerians to join hands in the battle to save the country’s economy.

Also, Major General Buba disclosed that those (IPOB/ESN) members responsible for the killing of three soldiers at a checkpoint in Abia State would be tracked down and made to pay the price for their murderous act.

Urging innocent citizens of the area not to panic, he said: “Our troops were attacked on November 13, and we recorded three casualties in the South East. To those expressing fear that troops will come and start killing everybody, this is not true.

“We are a professional force with rules of engagement. We will not go about killing people, but there will be consequences for those responsible for the attack. Our target will be against the terrorists and we will get them and I will give you the good news.”