News
BREAKING: CBN Governor, Emefiele Suspended by Tinubu
President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor.
“President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect,” the Director of Information, Office of the Secretary to the Government of the Federation Willie Bassey said in a Friday statement.
“This is a sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.
“Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate) [Folashodun Adebisi Shonubi], who will act as the Central Bank Governor pending the conclusion of the investigation and the reforms.”
The development is coming less than two weeks after President Tinubu assumed office and months after the CBN’s heavily-criticized naira swap.
Former President Muhammadu Buhari’s government introduced new bank notes late last year, arguing it would help tackle vote-buying, insecurity and fight inflation among others.
But weeks before the polls, the country was hit with a cash crunch as the CBN withdrew the old notes. The development drew criticisms from top personalities.
Some state governors even took the matter to court with Tinubu faulting the implementation of the policy.
As the then-presidential candidate of the ruling All Progressives Congress (APC), Tinubu asked the CBN to allow both old and new notes to coexist.
Tinubu said, he was “only concerned about its disruptive implementation and the hardship it has brought on the generality of our people who currently can’t access their hard-earned money to meet obligations and the attendant consequences on the informal sector, where the majority operate”.
In the lead-up to the presidential election, his campaign team claimed the move was targeted at Tinubu.
During his inauguration, President Tinubu did not mince words about the naira swap policy and promised to review it.
He maintained that it “was too harshly applied by the CBN given the number of unbanked Nigerians.
“The policy shall be reviewed. In the meantime, my administration will treat both currencies as legal tender”.
News
President Tinubu Expresses Sorrow over IMAM Abubakar’s Death
Says he was a courageous servant of God
President Bola Ahmed Tinubu has expressed sorrow at the passing of Imam Abdullahi Abubakar, the Chief Imam of Nghar village in the Barkin Ladi Local Government Area of Plateau State, who passed away at 92.
The late Imam Abubakar shot into national and international prominence for hiding over 200 Christians in 2018, during the communal strife which ravaged Plateau State.
President Tinubu described the late Imam as an extraordinary religious leader, whose lifetime represented a striking testament to faith, courage and a staunch belief in the sacredness of human life.
“At such a time when tribal and religious tendencies seemed to overwhelm reason, Imam Abubakar stood firmly on the side of peace, benevolence and conscience,” President Tinubu remarked.
“Mindless of the enormous risk to his own life, the noble cleric chose humanity over division, love as opposed to hatred and embrace rather than rejection.
His heroic feat underlines the essence of true faith, resonating louder than sermons in a salient message to the world at large. Imam Abubakar is a worthy example of a better human we should all aspire to be,” the President said.
“His act of uncommon bravery did not go unnoticed, as he received local and international honours that celebrated his commitment to coexistence among people with diverse orientations.”
I urge religious and community leaders to imbibe and preach the spirit of tolerance, mutual respect and peaceful togetherness as expounded in the life of Imam Abubakar.
“May the Almighty grant Imam Abubakar eternal rest and reward him for his good deeds and courage,” the President said.
News
IMAM who Savef 262 Christians Abubakar Abdullahi Dies in Jos @ 90
The Imam of Nghar village in Barkin Ladi Local Government Area of Plateau state, who Famously Shielded 262 Christians during a Violent Communal attack has died at the age of 90.
Saleh Abubakar son of the deceased Confirmed the death to arise news in Jos said the Cleric Passed away on Thursday night at plateau specialist hospital in Jos.
He revealed that his father died tens earlier after being admitted into the hospital, following Complications linked to a heart Condition that have affected his heart for Some time.
He was initiately admitted diagnosed with a heart problem and had being on check ups all the time and since then his health had not been Stable following the diagnoses.
Imam Abdullahi is Survived by 19 Children made up of 12 boys and 7 girls.In June 2018, during a faith based Clashes that Swept through 10 Villages in Barkin Ladi Local government area of plateau state, the late imam hid 262
Christians in a mosque and his private home untill the Violence Subsided, preventing them from being killed.
His actions earned him both local and international recognition across globe.End
Ctedit: PUNCH
News
Rivers Lawmakers Insist on Investigating Fubara, Deputy
The Speaker of the House, Martin Amaewhule, a seven man panel each have been constituted to investigate governor Fubara and his deputy.
Twenty -five members of the Rivers State House of Assembly (RSHA) said that there is no going back on investigating Governor Siminalayi Fubara and his Deputy, Prof Ngozi Odu, for alleged gross misconducts.
The members re-stated this at Friday’s plenary in the temporary hallowed chamber of the State House of Assembly in their Legislative quarters.
The Speaker of the House, Martin Amaewhule, a seven man panel each have been constituted to investigate governor Fubara and his deputy.
He also said that the Chief judge of Rivers State, Justice Simeon Amadi is to be immediately notified about the resolution of the House.
The order paper of the house in Friday’s sitting has only two items which include investigating governor Siminalayi Fubara and his deputy, Professor Ngozi Odu.
Meanwhile,the house has adjourned plenary till January 27.
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