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Obasanjo calls for suspension of 2023 general election results in Nigeria.

Now Note: some banker's running through the back door

Breaking: Buhari approves 10 days extension for new cash swap -- Emefiele President Muhammadu Buhari has approved a ten days extension for Nigerians to swap their old N1,000, N500 and N200 notes for the newly re-designed naira notes. The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, who disclosed this to journalists after a meeting with President Muhammadu Buhari in his Daura country home, said banks will continue to give out the new notes in exchange for the old ones till February 10, 2023. The CBN Governor, who visited the President from around 11am, also said from February 10, Nigerians will have the grace of visiting the CBN to deposit their old notes for new ones for another seven days, which ends on February 17, 2023. "We have today sought and obtained Mr. President's approval for the following: one, a 10 day extension of the deadline from January 31, 2023, to February 10, 2023, to allow for collection of more old notes, legitimately held by Nigerians and achieve more success in cash swap in rural areas in our villages and communities, after which all old notes outside the CBN lose their legal tender status, "Our CBN staff currently on mass mobilization and monitoring, together with officials of the EFCC and ICPC, will work together to achieve these objectives in the coming days. "Two, a seven-day grace period, beginning on February 10, to February 17, 2023, in compliance with Section 20, subsection 3, and section 22 of the CBN Act, allowing Nigerians to deposit their old notes at the CBN after the February deadline, when the old currency would have lost its legal tender status. "We therefore appeal to all Nigerians to work with the Central Bank of Nigeria to achieve a hitch-free process for the implementation of this very important program", he said. He also revealed that 75 percent of the N2.7 trillion held outside the banking system has been recovered. He said: "We are happy that so far, the exercise has achieved a success ra

2022 Budget: House Committee lauds NPA Acting Managing Director

2022 Budget: House Committee lauds NPA Acting Managing Director The House of Representatives committee on Ports and Harbours on Friday applauded the delegation of the Nigeria Ports Authority (NPA) at the committee's budget defence session. It would be recalled that the two Chambers of the National Assembly suspended plenary to enhance the defence of the 2022 budget by ministries, parastatals and agencies. The suspension of plenary followed the presentation of the 2022 budget proposals on 7th October by President Muhammadu Buhari at the joint session of the National Assembly. Indeed, Buhari proposed a total expenditure for 2022 at N16.39 trillion with a crude oil benchmark price of $57 per barrel and daily oil production estimate of 1.88 million barrels (inclusive of condensates of 300,000 to 400,000 barrels per day). The exchange rate was projected at N410.15 per dollar and projected GDP growth rate of 4.2 per cent with 13 per cent inflation rate. However, at the presentation of the NPA, the Committee overwhelmingly commended the Acting Managing Director, Bello Koko while reviewing the performance of the 2021 budget and the 2022 proposals of the Ports Authority. Earlier, Chairman of the Committee, Garba Datti-Babawo, representing Sabon Gari federal constituency of Kaduna state had enjoined the Managing Director of the Ports Authority to give appraisal of this year's budget and proceed to present 2022 estimates. Datti-Babawo also urged Committee members to make clarification from Koko where necessary, but the committee however adopted the budget with applause at the end and expressed satisfaction. #conceptvnews

Rep. Robert Tyough laid a petition from a law firm against the Nigeria police for forcefully/illegally collecting a piece of land belonging to a private citizen. The petition was referred to the House Committee on Public Petitions

SURULERE ISESE DAY.

THE MEANING OF (ISESE) BY CHIEF DR. ALIU ADEBAYO ATUNBI, NO:+234806 448 1978.

Secret Behind Sunday Adeyemo Igboho By Royal Highness Ogunyomi Mohammed IV Oba Ogboni Repoblic of Benin +22997889962