News
Sit-at-home: Enugu seals 106 shops, two banks
The Governor Peter Mbah-led Enugu State government says it has sealed no fewer than 106 shops and two banks in the state for allegedly observing Monday’s sit-at-home order imposed by a factional leader of the Indigenous People of Biafra, Simon Ekpa.
The governor said all the sealed businesses would remain sealed for one week, after which his administration would consider either reopening them on certain conditions or selling them off.
The governor, in a statement by the Secretary to the State Government, Prof. Chidiebere Onyia, said 106 shops and two banks were sealed on Monday by officials of the Enugu Capital Territory Development Authority.
Onyia, who led the exercise on Monday, said the action was in line with the governor’s warning, adding that Mbah’s intention was not to punish businesses but to encourage and inculcate the spirit of ‘no sit-at-home’ in traders.
The SSG said, “In previous announcements to the good people and residents of Enugu State, the government had directed business and shop owners to open for normal businesses on Monday and every work day, or have the defaulting business premises and shops sealed.
“That was exactly what the government did on Monday, July 24, 2023, to enforce its earlier directives.
“All businesses that were sealed shall remain sealed for one week, at the end of which they shall provide their current tax clearance certificates and all other relevant revenue documents to enable the state government to review and consider their formal letters for re-opening.
“Again, all considerations start from Friday, July 28, 2023, at 2pm at the Enugu State Capital Development Authority headquarters.”
Onyia said the sealing of the businesses was not punitive but ownership culture, “where all of us come together to fight the menace of the illegal sit-at-home in the state.
“We are taking it up not because Mbah is in the business of stopping economic growth but to fight those that think they can intimidate us.”
He added that a task force created by the state government would be in the markets next Monday to continue to monitor the situation.
“We saw shops that were not open and we sealed them.
“That is why ECTDA is here and the owners should go through a process to get them reopened,” he said.
The Enugu State governor had on June 5 banned Monday sit-at-home in the state, saying it was hurting the economy.
News
Senate confirms Oyedele as minister
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.
His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.
Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.
His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.
Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.
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.
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