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ECOWAS Plans to Abandon Single Currency Initiative

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By Gloria Ikibah
The Economic Community of West African States (ECOWAS) is currently reevaluating its plans for the ECO, the proposed single currency for the region, after facing persistent challenges over the years.
Senator Edwin Melvin Snowe, Co-chair of various ECOWAS committees, revealed in an interview in Banjul, Gambia, that the single currency initiative is experiencing significant setbacks.
Naijablitznews.com reports that the ECO project, initially proposed in the late 1990s and gaining momentum with the establishment of the West African Monetary Zone (WAMZ) in 2000, was aimed to foster economic growth and integration among the 15 member states by simplifying transactions and enhancing regional prosperity.
Despite these ambitions, the initiative has been grappling with political complexities. According to Hon. Snowe, political challenges have hindered progress. He noted that while there are capable economists and analysts, the integration of the ECO has been complicated by existing currency systems, particularly the French CFA used by Francophone countries and the reserve systems in France.
Snowe suggested a potential interim solution: creating separate currencies for Anglophone and Francophone countries.
He proposed that English-speaking nations such as Nigeria, Ghana, Liberia, Gambia, and Sierra Leone could initially adopt a common currency, while Francophone countries would adopt another. Over time, these two currencies could merge into a single currency.
Political instability has delayed consideration of this dual-currency proposal, but Hon. Snowe assured that addressing regional security issues is the current priority. Once stability is achieved, discussions about the single currency will be revisited.
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Just in: Orji Kalu gets fresh appointment in South-East Development Commission

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Senator Orji Uzor Kalu (APC, Abia-North) has been announced by the Senate as the Committee Chairman of South-East Development Commission (SEDC).

Sen. Orji Uzor Kalu
Senate President Godswill Akpabio made the announcement during plenary on Tuesday 4, January, 2025. Before the new appointment, the former Abia Governor was the Senate Committee Chairman on Privatisation.

Senator Ken Eze (Ebonyi Central) was also appointed as the Vice Chairman of the committee. Akpabio further noted that other members of the committee will be announced in due course.

The Senate confirmed the board membership of the SEDC after considering the report presented by Senator Kalu.

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The 18-member board is led by Dr. Emeka Wogu as Chairman, while Hon. Mark Okoye was confirmed as the Managing Director and Chief Executive Officer.

Other confirmed members include Ugochukwu H. Agballah, Hon. Okey Ikenwa, Chief Hyacinth Ikpor, Chidi Echeazu, Ifeanyi Agwu, Nasiru Usman, Hamma Adama Ali, Kumo Edward David Onoja, and Orure Kufre Inima.

Also appointed are Daniel Akwari, Chief (Mrs.) Joke Adebayo-Chukwuma, Hon. Stanley Ohajuruka (E.D. Finance), Chief Sylvester Okonkwo (E.D. Corporate Services), and Hon. Toby Okechukwu (E.D. Projects).

Others include Senator Anthony Agbo (E.D. Commercial and Industrial Development) and Dr. Clifford Ogbede (E.D. Natural Resources, Agriculture, and Rural Development).

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HIV-Positive Man Confesses To Sleeping With 1,000 Women

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A Nigerian man living with HIV has shocked many with his confession about engaging in intimate affairs with nearly a thousand women.

The man made the shocking revelation about his HIV status during an episode of Doyin’s Corner, a podcast hosted by former BBNaija housemate, Doyin.

According to him, he was diagnosed with HIV seven years ago but continued to have unprotected sex with numerous women, including commercial sex workers. He admitted that many of his partners were willing to engage in intercourse without protection after he offered them extra money.

Reflecting on his past lifestyle, the man shared that he once visited Obalende, a popular area in Lagos, where several women recognized him, as he had been intimate with many of them.

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“A total number of ladies I have had sex with can be close to a thousand, to be honest. But in that seven-year period, I could say more than 400 because it was so cheap. I used to just have sex with anybody. There was a time I went to Obalende, and all the girls there knew me because I had slept with all of them,” he revealed.

“I was paying 700 to have sex with women in Obalende with condom and 1000 naira without condom after.
I slept with over 1000 women after realizing I had HIV”

Please protect yourselves if out there if you can’t abstain 🙏🏽 pic.twitter.com/Auhj2J51MQ

— Dami’ Adenuga (@DAMIADENUGA) February 3, 2025
In an attempt to change his ways, he said he started attending churches for deliverance, where congregation members often contributed money to support him. However, he did not clarify whether he disclosed his HIV status to his partners or took precautions to prevent transmission.

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The confession of the HIV man has since sent the social media abuzz, with many condemning his actions while others expressed concern about the potential spread of the virus.

Read some netizens’ reactions below;

authentik_gymwears: “Na why I dey celibate be dis. Just look at….”

dupe_clark: “How do someone sleep with 400 women or men hmm thank you Mum and dad for a good home training”

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dorothy_chris13: “This virus no dey show for face 😢assume that everyone you meet has it and protect yourself 🙏🙏🙏🙏 better to abstain and honor God with your body”

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Ondo Governor Aiyedatiwa Sacks Two Top Female Media Aides Amid Power Shake-Up

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The latest development was disclosed in a statement issued by the Governor’s Chief Press Secretary, Ebenezer Adeniyan, to journalists in Akure, the Ondo State capital.

The affected aides include Ewatomilola Emiola, Senior Special Assistant on Research & Documentation, and Kikelomo Isijola, Special Assistant on Digital Media.

Both officials have been instructed to hand over all government properties in their possession to the office of the Chief of Staff to the Governor.

The statement reads:
“The Governor of Ondo State, Hon. Lucky Orimisan Aiyedatiwa, has approved a reorganization of the Government House Media team. As a result, the following media aides have been relieved of their duties with immediate effect: Ewatomilola Emiola, Senior Special Assistant on Research & Documentation, and Kikelomo Isijola, Special Assistant on Digital Media.

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“They have been directed to hand over all government properties in their care to the office of the Chief of Staff to the Governor. The Governor appreciates their contributions and wishes them success in their future endeavors.”

Meanwhile, the Peoples Democratic Party (PDP) in Ondo State has criticized the recently signed 2025 state budget, labeling it a “budget for looting.”

Governor Lucky Aiyedatiwa signed the ₦698.6 billion budget into law just a week after its passage by the State House of Assembly.

The budget includes ₦200 million allocated for lawmakers and ₦280 million designated for the Ondo State House of Assembly Speaker as ‘phone expenses.’

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Reacting to the budget on Tuesday, PDP Publicity Secretary Kennedy Peretei issued a statement condemning the allocations as outrageous and unnecessary.

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