Abia ThinkTank - Abia ThinkTank News

May

2024

IMF Advises Nigerian Govt Over Crypto Trading Platforms

CBN/Commercial Banking, Economy, News Flash

IMF Advises Nigerian Govt Over Crypto Trading Platforms The International Monetary Fund has advised the Nigerian government to ask global crypto trading platforms to register or obtain licences before operating in the country. This recommendation was made in the IMF’s latest staff report, released on Thursday following the conclusion of its 2024 Article IV consultation with Nigeria. According to the report, compelling global crypto trading platforms to register will subject them to regulatory requirements. The IMF emphasised the need for Nigeria to establish a robust regulatory framework to oversee the growing cryptocurrency market, ensuring financial stability and protecting investors. It…

May

2024

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By Abia ThinkTank

Fubara Relocates Rivers Assembly Sitting To Government House

House Of Assembly, News Flash, Politics

Fubara Relocates Rivers Assembly Sitting To Government House The Rivers state governor, Sim Fubara has ordered the immediate relocation of the house of assembly sitting to Rivers government house. According to an executive order contained in a memo, the governor noted that the relocation was necessary due to the fire incident that happened at the House of assembly chambers earlier. His Excellency, Sir Siminalayi Fubara, the Governor of Rivers State, has issued an executive order to temporarily relocate the sitting of the State House of Assembly to the Auditorium of the Administrative section of Government House, Port Harcourt. This decision…

May

2024

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By Abia ThinkTank

Police Take Over Rivers House Of Assembly Quarters

House Of Assembly, News Flash, Politics

Police Take Over Rivers House Of Assembly Quarters About 30 armed policemen have taken over all the entrances to the House of Assembly quarters located along the Aba Road, Port Harcourt, Rivers state. It was gathered that both the first and second gates to the lawmakers’ estate were safeguarded by the police with about 30 patrol vans used to block the entrances. The development came shortly after the Martins Amaewhule-led House of Assembly claimed that the governor was planning to demolish the quarters following his recent surprise visit to the facility. But the governor, Siminalayi Fubara, had explained that his…

May

2024

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By Abia ThinkTank

Gov Otti Condoles NSA, Nuhu Ribadu, Over Brother’s Death

Abia State, Good Governance, News Flash

GOV OTTI CONDOLES NSA, NUHU RIBADU, OVER BROTHER'S DEATH Abia State Governor, Dr. Alex Otti, OFR, has expressed heart-felt condolences to the National Security Adviser (NSA), Mallam Nuhu Ribadu, over the death of his elder brother, Salihu Ahmadu Ribadu. Governor Otti's commiserations were conveyed in a statement issued Wednesday, May 8, 2024, by his media office. The Governor in his statement said even though death is a path every human must walk, the loss of a close family member at his prime can be very painful and traumatic. Governor Otti prayed that God would by His infinite grace comfort Mallam…

May

2024

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By Abia ThinkTank

Food Security: ABIA To Train 300 Farmers At Nassarawa Farm

Abia State, Economy, Good Governance, News Flash

FOOD SECURITY: ABIA TO TRAIN 300 FARMERS AT NASSARAWA FARM Abia State Governor, Dr. Alex Otti, OFR, has said that one of the ways Nigeria can solve the problem of food security is through the mechanisation of farming and establishing such businesses across the states of the federation. Governor Otti said with this measure, Nigeria would have found a panacea to food security amid rising import cost. The Governor made the call on Thursday during a capacity building training for the first batch of 300 candidates selected for agricultural training at CSS Global Integrated Farms, Nassarawa State. He stressed the…

May

2024

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Kogi Governor, Ododo Lists Meetings With NSA Ribadu, APC Govs As 100 Days’ Achievements

Columns/Opinions/Letters, News Flash, Northern Nigeria, Politics

Kogi Governor, Ododo Lists Meetings With NSA Ribadu, APC Govs As 100 Days’ Achievements The Kogi State Governor, Usman Ododo’s list of 100 days achievements has been greeted with outrage by Nigerians on Thursday. Ododo who was sworn in as governor on January 27, 2024, in the list posted on X on Wednesday mentioned his “meeting with National Security Adviser, Nuhu Ribadu,” as one of his achievements in his first 100 days in office. The achievements were divided into governance, agriculture education, health care, and general information categories. The list was captioned, “We will continue to do more for the…

May

2024

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Tinubu Offers Fresh Appointment To Petroleum Minister

FGN, News Flash, Presidency

Tinubu Offers Fresh Appointment To Petroleum Minister President Bola Tinubu has approved the appointment of the Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, as the Co-Chairman of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB). This was contained in a statement issued by Ajuri Ngelale, Special Adviser to the President on Media and Publicity, on Thursday. According to the statement, the appointment would ensure effective oversight of the gas aspect of the nation’s assets. “In line with his avowed commitment to establish a more efficient, targeted, and consistent approval process for unique oil and gas…

May

2024

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Health Rumours: President Tinubu Quells ‘Noisemakers’ With Public Stroll; Resumes Work

Abuja, FGN, Gossips, News Flash, Presidency

Health Rumours: President Tinubu Quells ‘Noisemakers’ With Public Stroll; Resumes Work President Bola Tinubu has officially resumed duties at the Presidential Villa, Abuja, a day after returning from his overseas trip. To quell rumours about his health and whereabouts, the Presidency released a video of the President taking a stroll from his official residence to his office, flanked by his security team, Chief of Staff, Femi Gbajabiamila, National Security Adviser, Nuhu Ribadu, and other aides. During his two-week trip, Tinubu visited the Netherlands on the invitation of Prime Minister Mark Rutte, met with the Nigerian-Dutch business community, and attended the…

May

2024

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Senate Approves Death Penalty For Drug Offenders

Crime, National Assembly, News Flash

Senate Approves Death Penalty For Drug Offenders The Senate on Thursday approved death penalty for dealers and importers of cocaine, heroin and other hard drugs into the country. The proposed capital punishment also applies to manufacturing, trafficking, dealing in or delivery of hard drugs by any means. The Senate arrived at the resolution on the floor of the red chamber after deliberations on the National Drug Law Enforcement Agency (NDLEA) Act (Amendment) Bill, 2024. The maximum punishment in the extant law for offenders is life imprisonment. During the consideration of the report on the bill for passage on Thursday, Senate…

May

2024

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Togo’s Longtime Leader Signs A New Constitution That Eliminates Presidential Elections

Columns/Opinions/Letters, Foreign Affairs, News Flash, Politics

Togo’s Longtime Leader Signs A New Constitution That Eliminates Presidential Elections Togo’s president has signed a new constitution eliminating presidential elections, his office said late Monday, a move that opponents say will allow him to extend his family’s six-decade rule. Civil society groups in the West African nation have called for protests. Parliament will now choose the president. The new constitution comes days after the election commission on Saturday announced that President Faure Gnassingbe’s ruling party had won a majority of parliament seats. There was a crackdown on civic and media freedoms ahead of the vote. The government banned protests…