Blog - Abia ThinkTank News

May

2024

We’ll Block Loan Apps That Harass Customers – FCCPC

CBN/Commercial Banking, Economy, News Flash

We’ll Block Loan Apps That Harass Customers – FCCPC The FCCPC has said it will block loan app that harasses customers. This was disclosed on the Commissions X page on Saturday, 4 May 2024. The acting Chairman of FCCPC, Adamu Abdullahi, made it known that it won’t happen again as they have begun to address the issue. Adamu said, ” It would soon be history in the country that online platforms that many people know as loan sharks, where some Nigerians access money quickly to solve urgent issues.” However, if they don’t pay back on time, some of these loan…

May

2024

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By Abia ThinkTank

SERAP Sues Wike, 36 Governors Over Failure To Account For N5.9trn, $4.6bn Loans, Publish Agreements

Judiciary, FGN, News Flash

SERAP Sues Wike, 36 Governors Over Failure To Account For N5.9trn, $4.6bn Loans, Publish Agreements Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigeria’s governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike “over their failure to account for N5.9 trillion and $4.6 billion loans obtained by their states and the FCT, and to publish copies of the loan agreements, including details and locations of projects executed with the loans.” The suit followed the disclosure last month by Governor Uba Sani of Kaduna State that the immediate past administration of Nasir El-Rufai left…

May

2024

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By Abia ThinkTank

Kano Senator Donates Clay Pots, Burial Materials To Constituents

Kano, News Flash, Politics

Kano Senator Donates Clay Pots, Burial Materials To Constituents Senator Rufai Hanga, representing Kano Central Senatorial District, donated 5,000 pieces of white fabric and clay pots to his constituents. The donation is reportedly intended to help with the burial process for loved ones, in response to the frequent requests for burial assistance from constituents. Premium Times reports that Dawuud Auwal, one of Hanga’s social media aides, announced the donations on Facebook. Auwal reportedly wrote, “We are used to these frequent requests from people soliciting money to buy white cloths and clay pots. Some have requested vehicles for transporting the dead.”…

May

2024

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By Abia ThinkTank

Gov Otti Appoints Security Advisory Council And Security Trust Fund Board Members

Abia State, Good Governance, News Flash, Security

May 3, 2024 Press Release APPOINTMENT OF SECURITY ADVISORY COUNCIL AND SECURITY TRUST FUND BOARD MEMBERS Abia State Governor, His Excellency, Dr. Alex Otti, OFR, has approved the constitution of A Security Advisory Council and Security Trust Fund for the State. Consequently, Governor Otti has appointed the following persons as members. SECURITY ADVISORY COUNCIL Lt. Gen. Azubuike Onyeabo Ihejirika, Rtd. - Chairman DIG Uche Ivy Okoronkwo, Rtd. – Vice Chairman Mr. Ray Nkemdirim, MFR Maj. Gen. Abel Obi Umahi, Rtd. AVM Emmanuel Chukwu, Rtd. Maj. Gen. J.O. Nwaogbo, Rtd Navy Cmdr Macdonald Ubah Rtd. – Secretary SECURITY TRUST FUND Chief…

May

2024

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By Abia ThinkTank

Abia People Recovering Their Dignity Because Of Gov Otti – Reps Deputy Speaker, Kalu

Abia State, Good Governance, News Flash, Politics

ABIA PEOPLE RECOVERING THEIR DIGNITY BECAUSE OF GOV OTTI - REPS DEPUTY SPEAKER, KALU The Deputy Speaker, House of Representatives, Rt Hon Benjamin Kalu, says the people of Abia State have begun to get their dignity back because of the work that the State Governor, Dr. Alex Otti, OFR, is doing. Kalu, who spoke on Friday when he visited Governor Otti at his residence in Nvosi, Isialangwa South Local Government Area, praised the Governor for the selfless work he has been doing in the State since he assumed office 11 months ago. "You are doing well," Kalu declared unequivocally. He…

May

2024

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By Abia ThinkTank

President Tinubu Makes Another Fresh Appointment

FGN, News Flash, Politics, Presidency

President Tinubu Makes Fresh Appointment President Bola Ahmed Tinubu has approved the appointment of Dr Philip Ugbodaga, as the substantive Medical Director the newly established National Orthopaedic Hospital in Benin City (NOHB), the Edo State. Consequently, the Minister of State for Health and Social Welfare, Dr Tunji Alausa, has presented a letter of appointment to Ugbodaga at the headquarters of the Federal Ministry of Health in Abuja. It would be recalled that the Maxillofacial Surgeon was last year appointed as the Acting Medical Director of the Hospital by the immediate past Minister of State for Health, Hon Joseph Ekumankama, and…

May

2024

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Nigerians Hoarding 94% Cash – CBN

CBN/Commercial Banking, Economy, FGN, News Flash

Nigerians Hoarding 94% Cash – CBN Nigerians are holding onto cash at an unprecedented rate, with a staggering 94 percent of the country’s currency outside the banking system. This trend was revealed by the Central Bank of Nigeria’s (CBN) in its latest March, 2024 Money and Statistics data. The figures paints a concerning picture of declining trust in the banking system and potential risks to the nation’s economic growth. According to the data on the CBN website, the amount of physical money M1 in circulation has skyrocketed compared to the previous year. In January 2024, it stood at N3.65 trillion,…

May

2024

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By Abia ThinkTank

Gov Otti Must Wield The Big Stick Against The Sprouting Criminal Opposition Coalition – Dr. Engr. Odo Ijere (Okpotemba)

Abia State, Columns/Opinions/Letters, Good Governance, Politics

DR ALEX OTTI MUST WIELD THE BIG STICK AGAINST THE SPROUTING CRIMINAL OPPOSITION COALITION. Many of us have had the opportunity to once again read the financial reports of one Engr. Ako Eke, a sponsored opposition apparel in exile as he once again engaged his potopoto reductionist politics of pull him down and let the heavens fall. His intermittent distractions self-style as budgetary analytics is a hatchet job that is fast losing its momentum and appeal. His type of opposition model of gaslighting the government expenditures intendment is rather gaining popularity down south the abyss. Only very few are still…

May

2024

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By Abia ThinkTank

Gov Otti Signs ‘Dig Once’ Policy To Regulate Telecom, Public Utility Assets

Abia State, Good Governance, Information Technology, News Flash

GOV OTTI SIGNS 'DIG ONCE POLICY' TO REGULATE TELECOM, PUBLIC UTILITY ASSETS Abia State Governor, Dr. Alex Otti, OFR, on Wednesday signaled his administration's bold move to prepare the State for technological advancement with the signing of the "Dig Once Policy". The DOP is an official document of Abia State Government that would regulate the laying and installation of underground broadband technology assets and other public utility infrastructure for individual and enterprise use in urban and semi-urban areas of the State. Speaking while performing the ceremony at Government House, Umuahia, Governor Otti said the policy is expected to guide technology…

May

2024

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By Abia ThinkTank

ASUU Begins Indefinite Strike

Abuja, Education, FGN, News Flash

The University of Abuja branch of the Academic Staff Union of Universities has begun an indefinite strike to draw attention to developments bordering the union. The union announced its decision to embark on the strike on Thursday at the end of its congress, held at the Permanent Site of the institution. Members of the UniAbuja ASUU have been at loggerheads with the outgoing Vice-Chancellor, Prof. Abdulrasheed Na’allah and the Minister of Education, Prof. Tahir Mamman over the processes for the appointment of a new VC. An advertorial that surfaced in a national daily on March 15, 2024, sought a replacement…