Buhari meets Emefiele again at Aso Rock over naira scarcity – Newstrends
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Buhari meets Emefiele again at Aso Rock over naira scarcity

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President Muhammadu Buhari and Godwin Emefiele

President Muhammadu Buhari held another meeting with Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the State House, Abuja, on Monday.

This is Emefiele’s third private meeting with the President since the cash crunch crisis escalated across the country.

He didn’t not speak to journalists after the meeting.

Daily Trust, however, learnt that the agenda of the meeting might not be far from efforts to find solution to the cash crisis.

The raging controversy over the implementation of the new currency redesign policy has not subsided.

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Last Friday, the Council of State had backed the new currency redesign policy but advised the Central Bank of Nigeria (CBN) to ensure the availability of naira notes to douse tension and ameliorate the suffering of citizens across the country.

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, governors Darius Ishaku of Taraba State and Babajide Sanwo-Olu of Lagos State, as well as the Special Adviser to the President on Media and Publicity,

Femi Adesina, had briefed State House reporters on the key issues after the Council meeting at the Presidential Villa, Abuja.

Ishaku had said the CBN governor was advised to make new naira notes available or re-circulate old ones to ease the suffering of Nigerians.

He, however, added that the president would take a final decision, having received advice from members of the Council of State.

Daily Trust learnt that the President did not announce any major decision again after the meeting on Friday following the expiration of the deadline given to stop the usage of old notes because of the pending suits before the Supreme Court by not less than five state governments over the currency redesign policy which had led to the scarcity of currency notes.

Adesina, while reacting to a question on the deadline set for the policy, said, “The deadline is a judicial matter.”
Malami, however, gave assurance that President Buhari would be guided by the interest of Nigeria and Nigerians. He added that though the matter is in court, both parties were still open to an amicable resolution.

The Council of State had advised the apex bank to either make new naira notes available or re-circulate old ones to ease the suffering of Nigerians

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Many killed, houses, vehicles destroyed in Delta petrol tanker explosion 

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Many killed, houses, vehicles destroyed in Delta petrol tanker explosion 

 

Many people were feared dead as a petrol tanker exploded Sunday afternoon on a highway in Delta State.

The accident occurring on Asaba-Lagos Road in the Agbor Ika South Local Government Area caused huge damage to houses and vehicles trapped in the inferno.

The explosion was reported to have happened when the petrol tanker was navigating a turn near First Bank in Agbor and overturned.

Firemen from both Delta state and federal authorities were mobilised to the scene, according to the director of the state fire service, Eugene Oziwele.

Oziwele also confirmed that the casualties were high, adding firemen from Asaba joined those in Agbor with others from the Federal Fire Service to put out the raging fire.

 

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Farmer-herder crisis: Cooperative to establish ranches in 774 LGs

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Farmer-herder crisis: Cooperative to establish ranches in 774 LGs

The National Agricultural Mechanisation Cooperative of Nigeria (NAMCON) has disclosed plans to establish cattle ranches in the 774 local governments across Nigeria.

According to the National President of the cooperative, NAMCON, Dr Aliyu Waziri, the move is part of sustained efforts to modernise livestock production in the country, bolster value-addition and address the persistent clashes between farmers and herders.

He spoke with journalists in Kaduna adding that the ranches would be provided with adequate animal feeds, mega dams and an array of features of world-class equipment, thereby ensuring herders and their livestock have no cause to migrate in search of water and food.

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He said the ranches would be adequately equipped with clinics, western and Islamic schools and other necessary infrastructure.

Waziri said, “These ranches will be fully equipped for both rainy and dry season farming activities for the sustained production of food as this is very crucial to boosting food security, jobs creation, poverty eradication and jerking off Nigeria’s foreign reserves.”

The ranches, he said, would also have plantations of various economic trees like mango, guava and cashew.

He said, “The gesture will also greatly help in combating the recurring herder-farmer clashes in the country.”

Waziri maintained that the goal of the cooperative was to transform Nigeria’s agricultural sector through mechanization and empowerment programs.

He recalled that in November 2021, NAMCON empowered 15 million farmers, especially women and young people, on farm mechanisation.

He then urged the government to explore the agricultural sector’s hidden potential to address unemployment and food security.

Farmer-herder crisis: Cooperative to establish ranches in 774 LGs

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Again, Northern elders ask FG to suspend tax reform bills

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Al-Amin Daggash

Again, Northern elders ask FG to suspend tax reform bills

The Northern Elders’ Forum (NEF) has again raised concerns over the Federal Government’s proposed Tax Reform Bills, urging immediate suspension of the implementation and calling for extensive dialogue with stakeholders.

The forum criticized the government for failing to engage critical stakeholders and experts before drafting the reforms.

NEF expressed its position in a statement on Saturday signed by its Chairman of Management Board, Al-Amin Daggash, highlighting the reforms’ potential adverse effects on Northern Nigeria and the nation as a whole.

Daggash said: “Once again, it is necessary to reiterate, that indeed, Nigerians in general and Northerners in particular, are not really against the introduction of any form of good and meaningful reforms by those in positions of authority, at the federal, state or local government levels.

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“Even though, we shall remain very implacable in reaffirming that, our practical experiences teach us, that, going by global best practices, successful reforms are known to be underpinned by strict adherence to certain common cardinal characteristics of the public policy-making process.

“For convenience of exposition, these similarities include, but, not limited to the under listed basic essentials: Extensive pre-reforms early engagements with experts and critical stakeholders, in order to secure their buy-in

“Establishing a very well-defined media/communication strategy, that clearly articulates the full import of the reforms and disseminates public awareness and mass enlightenment on a nationwide scale.

“Designing a robust, transparent and inclusive implementation mechanism. Pro-actively putting in place a well-sequenced process, in order to ensure that the meticulously planned reforms, really meet the society’s desired and anticipated outcomes.

“The Northern Elders’ Forum make bold to say that the recently proposed Tax Reform Bills by the Federal Government, were clearly in the breach, with regards to adhering to the above listed common characteristics of reforms and public policy-making process, all over the world and in conformity with the global best practices.”

Again, Northern elders ask FG to suspend tax reform bills

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