Congratulations to Global Icon Davido on signing a 500 million deal with CIG Motors. He is now officially the brand Ambassador. His fans all over the world, immediate family and his lovely uncle celebrate with him
GOV OTTI ASSURES ABIA JUDICIARY OF BETTER WORKING CONDITIONS *Charges them to remain unbiased in justice disposition Abia State Governor, Dr Alex Chioma Otti, OFR, has assured the judiciary arm of government in the state of his determination to provide enabling environment for the administration of justice system in the state. Governor Otti stated this while declaring open a four day training programme by the Nigerian Institute of Chartered Arbitrators (NICARB) in the Capital City of God's Own State. Represented by his Deputy, Engr Ikechukwu Lekwachi Emetu, FNSE, Governor Otti disclosed that the essence of organising the programme is to…
CBN Raises Rate By 50 Basis Points To 26.75% .The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate by 50 basis points from 26.25 per cent to 26.75 per cent. The Governor of the bank, Mr. Olayemi Cardoso disclosed this at an ongoing press conference to announce the outcome of the just concluded Monetary Policy Committee meeting in Abuja. The bank set a new Asymmetric Corridor of +500/-100 from +100/-300 around the MPR; a Cash Reserve Ratio of 45 per cent for Deposit Money Banks and 14 per cent for Merchant Banks, while Liquidity Ratio was left…
Tinubu Signs North West Development Commission Bill Into Law President Bola Tinubu has given presidential assent to the North West Development Commission Bill. Speaking on the bill, the sponsor and the Deputy Senate President, Jibrin Barau, commended the passage of the bill, He noted that with the presidential assent, the Federal Government intervention agency will address the deleterious state of infrastructural facilities in the region. Speaking with journalists on Tuesday in Abuja, Barau noted that it would mitigate the poor state of infrastructure in the region destroyed by the terror gang, Boko Haram. He added, “The President has signed the…
Gabon President Invites Dangote To Invest In Cement, Fertiliser Production The Chairman Dangote Industries Limited, Aliko Dangote has been invited by President Brice Oligui Nguema of Gabon to invest in cement and fertiliser production in the country, media office of Dangote Group said on Tuesday. The richest Africa man was invited to explore investment opportunities in cement and fertiliser (urea and phosphate). Parts of the statement read: “President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon. “The President urged…
Atiku Declares Support For Planned Nationwide Protest The former Vice President of Nigeria, Atiku Abubakar as reacted to the ongoing #plannednationwideprotest. Atiku declared his support for the planned nationwide protest. He stated that it is the constitutional rights of citizens to peacefully assemble and express their grievances. Atiku reiterated that these rights are enshrined in the Nigerian Constitution and affirmed by the courts. “For the avoidance of doubt, the rights of citizens to protest are enshrined in the Nigerian Constitution and affirmed by our courts. “Section 40 of the 1999 Constitution (as altered) unequivocally guarantees the right to peaceful assembly…
South East Development Commission Bill signed into law by President Bola Ahmed Tinubu The bill was sponsored by Deputy Speaker Rt. Hon. Benjamin Okezie Kalu Good work Deputy Speaker Rt. Hon. Benjamin Kalu and President Tinubu. Details of the bill will be published later
Shelve Proposed Nationwide Protest – IG Sends Strong Warning To Organisers The Inspector General of Police, Kayode Egbetokun, stated on Tuesday that the proposed nationwide protest was ill-advised, urging the citizens to abandon the plan. His comment was in response to social media campaigns mobilising for a nationwide protest slated for August 1 due to the economic hardship in the country. Speaking during a meeting with commissioners of police in Abuja, Egbetokun noted that the country has its fair share of violent protests with dastardly consequences. The IG added that the last #EndSARS protest aggravated crime rates and insecurity in…
𝐅𝐨𝐨𝐝 𝐈𝐧𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲: 𝐑𝐭 𝐇𝐨𝐧 𝐁𝐞𝐧𝐣𝐚𝐦𝐢𝐧 𝐊𝐚𝐥𝐮 𝐈𝐧𝐚𝐮𝐠𝐮𝐫𝐚𝐭𝐞𝐬 𝐂𝐨𝐦𝐦𝐢𝐭𝐭𝐞𝐞, As National Assembly Moves To Provide Sucure For Nigerians Food insecurity is a pressing issue that affects millions of people around the world, including in Nigeria. In an effort to address this challenge and prioritize agriculture, the deputy speaker of the House of Representatives, Rt Hon Benjamin Okezie Kalu, recently inaugurated the National Legislative Network on Nutrition and Food Security in Abuja. This committee has been tasked with the responsibility of initiating strategic legislative processes and actions to tackle food and nutritional challenges in the country. During the inauguration ceremony, Rt Hon…
FLAG-OFF OF ABIA MEDICAL VILLAGE IMMINENT AS GOV. OTTI TARGETS TRANSFORMING ABIA INTO A DESTINATION FOR MEDICAL TOURISM. The Abia State Governor Dr. Alex Otti, OFR, has disclosed that he will soon flag-off the Abia Medical Village to transform Abia into a destination for medical tourism. Governor Otti made the disclosure on Sunday 21st July, in his Umuehim Nvosi country home, Isiala Ngwa South LGA when he played host to the Extended Hands of Grace and Lifted Hands team from the United States of America (USA), who came to Abia on a medical mission at Umuekwule village, Afugiri in Umuahia…