latest
Economy: CBN Governor, Finance Minister, Others Summoned To Appear Before House Of Reps Today
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).”
Babatunde Ogala (SAN), a former National Legal Adviser of the All Progressives Congress (APC), has defended President Bola Tinubu’s qualifications to run in the 2027 presidential election amid ongoing debates regarding his educational background.....KINDLY READ THE FULL STORY HERE▶
During an appearance on Channels Television’s Politics Today, Ogala addressed concerns raised by critics and opposition figures regarding the omission of primary and secondary school details from the personal particulars submitted to the Independent National Electoral Commission.
Key points from his remarks include:
-
Constitutional Compliance: Ogala emphasized that the matter should be evaluated strictly based on constitutional provisions rather than speculation about the President’s family or history.
-
Citizenship and Age: He affirmed that Tinubu meets the legal requirements for Nigerian citizenship and satisfies the mandatory age threshold for the presidency.
-
Educational Qualifications: Highlighting that the constitution requires candidates to be educated up to at least the School Certificate level (or equivalent), Ogala argued that Tinubu’s declared Bachelor of Science degree from Chicago State University surpasses this minimum requirement.
-
Legal Perspective: He likened demanding lower-level school records from someone who holds an advanced university degree to asking a Senior Advocate of Nigeria to repeatedly prove their basic legal credentials.
Dr. Adamu Mohammed Fika, an elder statesman, former Director-General, and Clerk-Designate to the National Assembly, has passed away at a hospital in Abuja. His death was announced by Mohammed Abubakar, the Special Adviser on Media to the Emir of Fika, though the cause of death was not disclosed.....KINDLY READ THE FULL STORY HERE▶
Fika held the traditional title of Zarma Kura of Fika and had a distinguished career in public service and legislative administration, which included:
-
Serving as the pioneer Director-General and Clerk-Designate to the National Assembly.
-
Chaired the National Assembly Service Commission to support federal legislature administration and development.
-
Leading the Board of Trustees for the Council of Retired Clerks and Secretaries of the National Assembly as Chairman.
-
Contributing to the National Institute for Policy and Strategic Studies located in Kuru, Plateau State.
Funeral prayers for the late statesman are scheduled for Friday, August 7, 2026, at the National Mosque in Abuja, while family, associates, and well-wishers continue to mourn his loss as a significant blow to the Fika Emirate, Yobe State, and Nigeria as a whole.
Nigerian filmmaker Dimbo Atiya has passed away, coming just a day after the death of actress Temitope Osoba.....KINDLY READ THE FULL STORY HERE▶
-
-
Atiya reportedly passed away on Thursday morning, with Best of Nollywood Awards founder Seun Oloketuyi breaking the news on Instagram.
-
Actor Mofe Duncan also paid tribute on social media, expressing devastation over the loss of one of the entertainment industry’s brilliant minds, while the cause of death remains unconfirmed.
-
Concurrently, Temitope Osoba’s family issued a statement dismissing unauthorized online rumors that attributed her Tuesday evening death to cancer complications.
-
Osoba had reportedly spoken with colleagues and updated her WhatsApp status with “Ogo Tuntun” (meaning “new glory”) shortly before her passing, prompting the family to reject false accounts surrounding her demise.
-
-
latest12 months ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest2 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest2 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics3 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
Politics3 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
-
latest2 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp