Blog - Abia ThinkTank News

Aug

2024

DSS Raids NLC Headquarters Over EndBadGovernance Protest

DSS Raids NLC Headquarters Over #EndBadGovernance Protest Security operatives suspected to be from the Department of State Services, DSS, have raided headquarters of Nigeria Labour Congress, NLC, over allegations that members of the organised labour sponsored the #EndBadGovernance protest. Some labour leaders who spoke to Daily Trust on Wednesday night, said everyone in the building had left for their various residence when the operatives stormed the building. One of the labour leaders said he spoke to one of the private security guards attached to building on phone and confirmed that the masked operatives with assorted rifles stormed there at about…

Aug

2024

0 Comments

By Abia ThinkTank

Look Beyond Present ‘Temporary’ Pains – President Tinubu Addresses Nigerians Again

Economy, FGN, News Flash, Presidency

Look Beyond Present ‘Temporary’ Pains – Again, President Tinubu Addresses Nigerians President Bola Tinubu has pleaded with Nigerians to be patient with his administration, assuring them that the country is transitioning from darkness to dawn. In an official video released by the State House on Wednesday, Tinubu acknowledged the ongoing hardships orchestrated by the removal of the fuel subsidy and the floating of the naira. He noted that Nigerians’ pain was compounded by what he described as an “avoidable lag” between the subsidy removal and his helpful plans for the country. He said, “Fellow Nigerians, this period may be hard…

Aug

2024

0 Comments

By Abia ThinkTank

26 Banks Qualify In CBN’s $876 Million FX Auction

CBN/Commercial Banking, Economy, News Flash

26 Banks Qualify In CBN’s $876 Million FX Auction To enhance liquidity in the foreign exchange market, the Central Bank of Nigeria, CBN, said it has successfully conducted a Retail Dutch Auction System (rDAS) sale, resulting in the approval of bids valued at $876.26 million from 26 authorised dealer banks. According to a statement by the Director of the Financial Markets Department at the CBN, Omolara Duke, the sale conducted on Tuesday highlights the Central Bank’s efforts to stabilise the foreign exchange market and ensure effective price discovery. A Dutch auction is a type of auction in which the auctioneer…

Aug

2024

0 Comments

By Abia ThinkTank

Governor Otti Appreciates The Management And Players Of ABIA Warriors Football Club, Assures Them Of Government Continued Support For Greater Accomplishments

Abia State, Football, Good Governance, News Flash

GOVERNOR OTTI APPRECIATES THE MANAGEMENT AND PLAYERS OF ABIA WARRIORS FOOTBALL CLUB, ASSURES THEM OF GOVERNMENT CONTINUED SUPPORT FOR GREATER ACCOMPLISHMENTS The Abia Governor Dr. Alex Otti OFR, has assured the Players and Management of Abia Warriors Football Club of the State Government’s continued Support for improved performance and greater accomplishment. Governor Otti gave the assurance on Tuesday August 6th, during a reception in honour of the players and management of the club for making it to the finals of the 2023/2024 FA cup competition where they finished as runner-up, the first in the history of the club. Governor Otti…

Aug

2024

0 Comments

By Abia ThinkTank

Re: Is Gov Alex Otti Actually A Doctor? – By Ctz Ukoha Njoku Ukoha(Chief Press Secretary To Gov Alex Otti OFR)

Abia State, Good Governance, News Flash, Personality, Politics

RE: IS GOV ALEX OTTI ACTUALLY A DOCTOR? It is simply not clear what Chinonye Mba, an intellectual lilliputian and author of the above referenced piece, intends to achieve other than to fruitlessly labour to launder the image of Okezie Ikpeazu, the erstwhile Abia State Governor - his paymaster - just to earn a morsel of porridge as a reward. Unfortunately for him, his writeup was coming at a time many Abia indigenes and residents have resolved to forget about Okezie Ikpeazu and his inglorious eight years of waste and move forward with a progressive, result-driven and serious-minded government. He…

Aug

2024

0 Comments

By Abia ThinkTank

1.4 Million Jobs Up As FGN Moves To Revamp Cotton/Textile Industry

Economy, FGN, Labour, News Flash

1.4 Million Jobs Up As FG Moves To Revamp Cotton/Textile Industry The Federal Government, in collaboration with the International Cotton Advisory Committee (ICAC), has kickstarted the resuscitation of Nigeria’s cotton industry. The target is to create over 1.4 million jobs annually in the cotton/textile sector, while the focus is to develop key components of the cotton value chain comprising farming, weaving, ginning and linking of cotton, all in line with the industrialization drive of the President Bola Ahmed Tinubu administration. This was the outcome of a meeting held on Tuesday between Vice President Kashim Shettima and a delegation from the…

Aug

2024

0 Comments

By Abia ThinkTank

Tinubu Makes 6 Fresh Appointments, Replaces Suspended NSIPA CEO

FGN, News Flash, Politics

Tinubu Replaces Suspended NSIPA CEO, Makes 6 Other Appointments (Full List) President Bola Tinubu has approved the appointment of seven persons to head strategic agencies and programmes under the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development. This was contained in a statement issued by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale on Tuesday evening. The statement was titled, “President Bola Tinubu appoints new heads of agencies and programmes under the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development.” The appointments include the naming of Lami Bello as the new Director-General,…

Aug

2024

0 Comments

By Abia ThinkTank

Hunger Protests: Suspend Your Actions, Mr President Has Heard You All – Defence Minister, Matawalle Tells Youths

Columns/Opinions/Letters, Economy, News Flash

Protests: Suspend Your Actions, Mr President Has Heard You All – Defence Minister, Matawalle Tells Youths The Minister of State for Defence, Bello Matawalle has appealed to Nigerians to suspend the nationwide protests against the current government, assuring citizens that President Bola Tinubu is working assiduously to fix the current challenges of the country. While addressing some select national heads of various youth Organisations on Tuesday in Abuja, he urged protesters to have more patience and trust the ‘Renewed Hope Agenda’ of President Tinubu. According to Matawalle, the policies of the President Bola Ahmed Tinubu’s administration encompass strategic plans and…

Aug

2024

0 Comments

By Abia ThinkTank

CBN Approves Merger Of Unity, Providus Banks

CBN/Commercial Banking, Economy, News Flash

CBN Approves Merger Of Unity, Providus Banks The Central Bank of Nigeria, CBN on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and the Providus Bank Limited. The apex bank, in a statement by its acting Director of Corporate Communications, Hakama Sidi-Ali, said the move is designed to bolster the stability of the nation’s financial system and avert potential systemic risks. “The merger is contingent upon the financial support from the CBN. The fund will be instrumental in addressing Unity Bank’s total obligations to the Central Bank and other stakeholders,”…

Aug

2024

0 Comments

By Abia ThinkTank

FGN Vows To Arrest Sponsors Of Hunger Protests, Places Them On Watchlist

News Flash, Security

FG Vows To Arrest Sponsors Of Hunger Protests, Places Them on Watchlist The Nigerian government has announced that it has placed individuals sponsoring the nationwide #EndBadGovernance protests on the watchlist of the Nigerian Immigration Service (NIS). Comptroller-General of NIS, Kemi Nandap, announced this on Tuesday at the Defence Headquarters in Abuja, following a meeting convened by the Chief of Defence Staff, Gen. Christopher Musa. According to Nandap, the sponsors, who are based in the diaspora, will be arrested immediately upon their return to Nigeria. Nandap said, “We have diaspora sponsors, they are on our watchlist. They are watchlisted, any attempt…