News
FG Donates ₦500m To Nigerian Legion
The Federal Government has donated ₦500m to the Nigerian Legion.
The Secretary to the Government of the Federation, George Akume, announced the donation at the 2025 Armed Forces Remembrance Day Celebration Emblem and Appeal Fund Launch at the State House, Abuja.
In a Tuesday statement, presidential spokesman Bayo Onanuga said President Bola Tinubu also commended the Nigerian Armed Forces for their unwavering efforts towards combatting the various security challenges affecting the country.
“No matter what economic theory we propagate or postulate, if there is no security, we cannot promote peace and development,” President Tinubu was quoted as saying.
“I am grateful to all of you on behalf of the country. The challenges are severe, but you are this country’s first line of defence.
Thank you for your patriotic commitment to Nigerian unity, stability, and progress.”
Tinubu, who emphasised that the welfare of the security forces would remain the government’s top priority, also extolled men and women who have paid the ultimate price in defence of the country, assuring that their sacrifices will not be in vain.
“We came today to remember our fallen heroes, men, and women who have sacrificed their lives for this country’s unity, stability, and progress.
We are committed to their values, principles, beliefs, and the unity and strength of this country as we pass on a banner without stain to the next generation,” he said.
“It is a great honour for me to launch the emblem once again. The welfare of our men and women in the Armed Forces will continue to be our top priority. I want to thank all of you.”
On his part, the Minister of Defence Abubakar Badaru appreciated Tinubu for his support of the welfare of the armed forces, serving retired and fallen heroes, and their relations.
“Let us remember that unveiling this Emblem serves as a beacon of hope and a reminder of our collective responsibility to uplift our Armed Forces and their families.
Therefore, you will agree that the Armed Forces Remembrance Day is more than just a commemoration; it is a call to action,” the minister said.
“Hence, this Appeal Fund we are launching today to provide essential support to our veterans and their families becomes crucial.
The funds raised will directly contribute to welfare programs, offering vital services such as healthcare, education, and financial assistance.
”Some of the dignitaries who were present at the event included Vice President Kashim Shettima; Senate President Godswill Akpabio; Speaker of the House of Representatives Tajudeen Abbas, members of the Federal Executive Council, service chiefs, heads of other security and paramilitary agencies, and representatives of the Nigerian Legion among others.
News
Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)
The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.
This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.
The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.
In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.
He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.
He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.
He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.
News
JUST IN: IGP Disu Assigns Portfolios to New DIGs
DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.
Sources said that the DIGs were assigned departments based on their areas of competence.
DIG Zachariah Fera Achinyan has been deployed to Legal Services,
DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);
DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.
News
Airport Access Gates: FG Approves Cash and FAAN Go Cashless Cards for Payment
The statement also noted that motorists who already possess FAAN Go Cashless Cards can continue using them until further notice.
In addition, other electronic payment channels, including Point-of-Sale (POS) terminals and approved digital platforms, will remain available
The Federal Government has directed the Federal Airports Authority of Nigeria (FAAN) to accept both cash and electronic payments at airport access gates nationwide, as part of efforts to ease traffic congestion.
The directive followed a meeting between the Minister of Aviation and Aerospace Development and officials of the FAAN, alongside senior officials of the ministry, on Tuesday.
The move comes after President Bola Ahmed Tinubu ordered the suspension of the full cashless payment system at airport access gates following complaints that it had caused traffic gridlocks.
In a statement issued in Abuja by the minister’s Special Adviser on Media and Communications, Tunde Moshood, the government has resolved to gradually transition to a fully automated payment system at airport access points.
As part of the interim measures, the ministry announced that a hybrid payment system allowing both cash and card payments will take effect at all airport access gates from March 13, 2026.
The statement also noted that motorists who already possess FAAN Go Cashless Cards can continue using them until further notice.In addition, other electronic payment channels, including Point-of-Sale (POS) terminals and approved digital platforms, will remain available
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