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Economy: CBN Governor, Finance Minister, Others Summoned To Appear Before House Of Reps Today

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Economy: CBN Governor, Finance Minister, Others Summoned To Appear Before House Of Reps Today

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, is slated to make an appearance before the House of Representatives to address concerns regarding the state of the economy……..CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

 

 

 

 

 

 

 

 

 

 

 

Cardoso will be joined by the Minister of Finance and Coordinating Minister for the Economy, Wale Edun; the Minister of Budget and National Planning, Atiku Bagudu, and the Chairman of the Federal Inland Revenue Service (FIRS), Zaccheus Adedeji.

This announcement was made by the Clerk of the House of Representatives, Yahaya Danzaria, in a statement issued on Monday.

During the scheduled plenary session, Cardoso will provide insights into various economic issues, including the depreciation of the naira and other challenges impacting the monetary aspect of the economy.

The CBN governor will engage in a sector-specific debate with lawmakers, focusing primarily on the financial sector.

Cardoso and other government officials will brief the lawmakers on the current state of the naira and the progress in implementing the 2024 budget.

Last week, Speaker of the House, Abbas Tajudeen, had disclosed plans for a sector-specific debate on the financial sector, aimed at evaluating the nation’s preparedness to mobilize necessary financial resources for budget implementation.

Chairman of the House Committee on Media and Public Affairs, Akin Rotimi, confirmed the development in a statement on Monday, emphasizing the objective of promoting transparency and accountability in government activities.

Rotimi stated, “The House of Representatives is gearing up for the second edition of its sectoral debates/dialogues scheduled for Tuesday, February 6, 2024, as part of its ongoing policy brief series.”

He added, “This edition, focusing on the financial sector, will feature key stakeholders such as the Minister of Finance, Minister of Budget and Planning, Governor of the Central Bank of Nigeria (CBN), and the Chairman of the Federal Inland Revenue Service (FIRS).”

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The Untold Truth: Fr. Mbaka Exposes The Secret Struggles Behind His Bold Endorsement Of Peter Obi!.

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Rev. Fr. Ejike Mbaka, the Spiritual Director of the Adoration Ministry in Enugu, recently responded to critics by highlighting the significant risks he undertook to support Peter Obi during his impeachment as Governor of Anambra State. Speaking during a church program on Friday, Fr. Mbaka challenged the narrative that he has been a hindrance to the NDC presidential candidate.....KINDLY READ THE FULL STORY HERE▶

  • Defending his history of support: Fr. Mbaka asserted that he played a critical, behind-the-scenes role in gathering the necessary documentation and organizing the efforts required to restore Obi to office after his impeachment.

  • Criticizing fair-weather supporters: The cleric claimed that 99.9% of those now vocal in their support for the former governor had actually abandoned him during his impeachment ordeal.

  • Challenging his critics: Fr. Mbaka insisted that the efforts he made for Obi during that period were far greater than what his current supporters could replicate, and he encouraged people to verify these events with individuals like Chris Uba and Ibeto, who were present at the time.

  • Reaffirming his stance: He concluded by dismissing the criticism as uninformed, declaring that he has always been a solution rather than a problem and that he maintains a deep love for his people.

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“We Will Rig You!”: Peter Obi Issues Explosive Warning To INEC Over Alleged Election Manipulation!.

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During a recent visit to Washington, D.C., Peter Obi, the presidential candidate of the Nigeria Democratic Congress (NDC), argued that the prevalence of election rigging in Nigeria is largely due to voters failing to actively defend their ballots. Obi emphasized that while candidates play a role in the process, credible outcomes ultimately depend on citizens remaining at their polling units to ensure votes are counted transparently. He criticized the “transactional” nature of Nigerian politics, suggesting that many voters prioritize other activities over the essential task of monitoring the electoral process. According to Obi, Nigeria’s primary challenge is poor political leadership, and he urged citizens to take collective ownership of their votes to demand the accountable governance required for the country to succeed.....KINDLY READ THE FULL STORY HERE▶

Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC), has called for increased citizen involvement in protecting electoral integrity. During a recent trip to Washington, D.C., Obi stated that election manipulation persists because voters frequently leave polling stations before the counting process is completed. He argued that:

  • Voters must proactively defend their ballots at polling units to ensure transparency and prevent rigging.

  • Nigeria’s fundamental obstacle is a crisis of political leadership, rather than a lack of natural or human resources.

  • Real change requires Nigerians to move beyond passive participation and take active responsibility for the electoral process.

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“This Is The Only Way!”: Matawalle Drops Bombshell, Unveils The Ultimate Solution To Nigeria’s Security Crisis!.

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Bello Matawalle, the Minister of State for Defence, recently stated that ending Nigeria’s insecurity requires a combination of collective national effort and divine intervention. In an interview with BBC Hausa, he emphasized that insecurity is a broad national concern that transcends political, religious, and regional lines, necessitating unified support from citizens, community leaders, and security agencies.....KINDLY READ THE FULL STORY HERE▶

  • Call for Unity: The Minister urged Nigerians to prioritize national interest over partisan politics, noting that insecurity is not a tool for scoring political points.

  • Criticism of Opposition: Matawalle accused certain opposition figures of exploiting the security situation to incite the public against the government and advance their own political agendas, rather than helping to address the crisis.

  • Combating Misinformation: He raised alarm over the circulation of “fake and recycled” videos on social media—some dating back years or originating from other countries—which are falsely presented as current events to suggest worsening security under the Tinubu administration. He encouraged citizens to verify information before sharing it.

  • Government Commitment: Highlighting that the Federal Government has ordered security forces to deal decisively with criminal elements, Matawalle acknowledged that while progress is being made, complex security challenges cannot be resolved overnight.

  • Public Cooperation: He called for continued public patience, prayer, and the provision of actionable intelligence to security forces to help restore peace across the country.

The Minister’s comments come amid renewed public anxiety following reports of mass abductions at schools in Oyo and Borno states.

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