Minister moves against schools charging fees in foreign currencies - Newstrends
Connect with us

metro

Minister moves against schools charging fees in foreign currencies

Published

on

Abuja Earth Tremor: Minister Orders Hourly Monitoring, Assures Residents of Safety
Dele Alake, Nigerian minister of Solid Minerals

Minister moves against schools charging fees in foreign currencies

Dr. Dele Alake, Minister of Solid Minerals Development, says Nigerian schools that charge tuition in foreign currencies should be closed.

On Wednesday in Abuja, Alake made the call during the Nigeria Gold Day Celebration, which was held in conjunction with the 10th edition of Nigeria Mining Week, themed Nigeria Mining: From Progress to Global Relevance.

He criticized the practice, describing it as one of the leaks and flaws in Nigeria’s economy that jeopardize its growth.

“I am still going to make a proposal to the Federal Executive Council that all those schools in Nigeria that are charging in foreign currencies should be closed.

“These are some of these leakages and loopholes that we say exist in our economy that people do not really take these things very seriously,” he said.

“If you look at the foreign currency that goes into some of this, it is humongous.

“If your child is attending a school in Abuja or Lagos or somewhere in the country and is paying 10,000 pounds or 10,000 dollars as their fees, that means you will be looking for naira to go and buy dollars.

READ ALSO:

“Driving the value of the dollar up, whereas this school is in Abuja in Nigeria, you can’t go to the UK, establish a school, and then be charging naira; it’s not done.

“It’s only in this country that I see so many contradictory things that really demolish the economy,” he said.

The minister stated that the Federal Government was introducing various measures, including digital mechanisms, to ensure that all leakages in Nigeria’s gold value chain were blocked and every loophole sealed.

He stated that the move will lessen the need for human transactions, lowering the likelihood of corruption and further positioning Nigeria’s gold as one of the world’s pillars of value exchange.

He stated that the Federal Government’s National Gold Purchase Programme (NGPP), which was administered through the Solid Minerals Development Fund (SMDF), was intended to boost Nigeria’s foreign reserves and strengthen the naira.

Alake stated that the NGPP, which is part of the Presidential Artisanal Gold Mining Initiative, allows the government to acquire gold directly from artisanal miners in naira rather than using foreign currencies to buy gold abroad.

In her remarks, SMDF’s Executive Director, Fatima Shinkafi, stated that, contrary to worldwide trends, gold exploration funding in Nigeria is increasing.

Shinkafi explained that gold serves as a safe-haven asset in a broader macroeconomic context and encouraged conference attendees to investigate Nigeria’s gold prospects.

“We implore everyone here to examine Nigeria’s gold resources and support the minister’s efforts to make Nigeria a premier destination for junior miners.

“In another year or so, let’s look at Nigeria’s Gold Day 2025 as a pivotal turning point,” she said.

The Nigeria Mining Week, holding from October 13 to 15, is organized by the Miners Association of Nigeria in partnership with PricewaterhouseCoopers and the VUKA Group.

Minister moves against schools charging fees in foreign currencies

Loading

metro

Oyo Kidnapping Murders: Ansaru Suspects Push Back in Court, Demand Private Lawyer Before Facing Fresh Charges

Published

on

Oyo Kidnapping Murders: Ansaru Suspects Push Back in Court, Demand Private Lawyer Before Facing Fresh Charges

A planned judicial showdown over a deadly school raid in Oyo State took an unexpected turn Wednesday when five accused Ansaru militants refused government legal aid, forcing a 24-hour delay in their trial.

The suspects, identified under several battlefield aliases including Abu Bara’a, Isah Adam, Abu Khalifa, Abu Yunusa Bin Musa, and Abu Itisar, stand accused of orchestrating the May 15 terror raid in Oriire, where pupils and their teachers were seized, and two captives were murdered.

READ ALSO:

When the Federal High Court prepared to read the DSS’s amended six-count charge sheet, court-appointed counsel Akilaluyel Shettima stood to represent the men. However, lead defendant Mahmud Muhammad abruptly interjected, informing Justice Salim Ibrahim that the group would not proceed without their chosen attorney, Bala Dakum.

Rather than force the arraignment, government prosecutor Rotimi Oyedepo, SAN, conceded the point on fundamental rights grounds, affirming that a defendant’s choice of legal defense remains a non-negotiable constitutional protection.

Following the concession, Justice Ibrahim adjourned the session until September 17, ordering the secret police to provide the five men immediate access to Dakum so their defense can be finalized ahead of the fresh plea.

Oyo Kidnapping Murders: Ansaru Suspects Push Back in Court, Demand Private Lawyer Before Facing Fresh Charges

Loading

Continue Reading

metro

Benue: Two Police Officers Killed as Gunmen Ambush DPO’s Convoy in Ayilamo

Published

on

Benue: Two Police Officers Killed as Gunmen Ambush DPO’s Convoy in Ayilamo
Commissioner of Police in Benue State, CP Cletus Nwadiogbu

Benue: Two Police Officers Killed as Gunmen Ambush DPO’s Convoy in Ayilamo

Two newly deployed Mobile Police officers have been killed after suspected armed herders ambushed the convoy of the Divisional Police Officer (DPO) of Ayilamo Police Division in Logo Local Government Area of Benue State.

The attack occurred at about 6pm on Monday, September 14, 2026, as the DPO was returning to Ayilamo from Makurdi, where he had travelled on official duty.

The Benue State Police Command confirmed that two officers in the DPO’s entourage were killed in the ambush. Their identities had not been publicly released as of the latest reports.

The latest incident occurred just four days after another deadly attack on Ayilamo in which four Mobile Police officers and seven civilians were killed, according to the police.

The earlier attack began at about 6:12pm on Thursday, September 10, when suspected armed bandits invaded the community. Police Mobile Force personnel, tactical teams and conventional police officers responded and engaged the attackers in a gun battle that lasted about seven hours.

The police said the security personnel eventually repelled the attackers, forcing them to withdraw into surrounding forests in the early hours of September 11. The bodies of the four slain officers and seven civilians were subsequently recovered.

READ ALSO:

The four officers killed in that earlier attack were identified as Paul Ina, Mohammed Yusuf, Oge Ikechukwu and Edeh Andrew.

Residents gave a different account of the attackers, with some alleging that a large number of suspected armed herders entered the community from the direction of Alufu Road in neighbouring Taraba State. They also reported shootings and the burning of houses during the assault.

The police, however, have generally referred to the attackers as suspected armed bandits, while the identities and affiliations of those responsible have not been conclusively established.

The latest ambush brings the number of police officers killed in attacks around Ayilamo within four days to six, based on the police-confirmed casualties from the two incidents.

Residents have expressed concern over the presence of armed men in forests and abandoned settlements around Tombo Council Ward, where Ayilamo is located.

The repeated violence has renewed concerns about the safety of residents and security personnel in Logo Local Government Area, particularly communities located close to forested areas and routes vulnerable to armed ambushes.

The Ayilamo Police Station was upgraded to a divisional headquarters in August 2025 as part of efforts to strengthen police response in vulnerable communities across Benue.

Despite the upgrade and increased security presence, Ayilamo has continued to experience deadly attacks, highlighting the security challenges confronting communities in the area.

The Benue Police Command had earlier announced the deployment of additional tactical personnel following the September 10 attack. The command also said it was working with other security agencies to strengthen operations and protect residents in affected communities.

There was also a development concerning the welfare of police families following the recent deaths.

On Tuesday, September 15, the Benue State Police Command presented insurance cheques to families of police officers who had died in the line of duty.

Commissioner of Police Cletus Nwadiogbu, while presenting the cheques in Makurdi, conveyed the condolences of Inspector-General of Police Olatunji Disu to the bereaved families.

He said the financial benefits could not replace the lives lost but were intended to provide some relief and support, particularly for the welfare of the officers’ children.

Meanwhile, authorities have not publicly announced the identities of those responsible for the latest ambush or disclosed arrests directly connected to the September 14 attack.

There have, however, been arrests linked to the earlier September 10 Ayilamo attack. Governor Hyacinth Alia recently commended the Department of State Services (DSS) over the arrest of three suspects allegedly connected with that attack.

The arrests relate to the earlier incident and do not by themselves establish that the same suspects carried out the latest ambush.

The two attacks within four days have increased pressure on security agencies to intensify surveillance and operations around Ayilamo and surrounding forested areas.

The latest killings have also highlighted the risks faced by police officers deployed to conflict-prone and remote communities, where armed groups can exploit difficult terrain and isolated settlements.

The investigation into the latest Benue attack is expected to focus on identifying the attackers, establishing how the DPO’s convoy was ambushed and preventing further attacks on security personnel and civilians in Logo LGA.

Benue: Two Police Officers Killed as Gunmen Ambush DPO’s Convoy in Ayilamo

Loading

Continue Reading

International

Pope Leo XIV Warns Against Letting AI Make Human Decisions

Published

on

Pope Leo XIV Warns Against Letting AI Make Human Decisions

The rapid advancement of artificial intelligence has prompted a fresh warning from Pope Leo XIV, who says some decisions should never be handed over to algorithms.

The Pope made the remarks at his weekly audience in St Peter’s Square, where he addressed thousands of faithful and reflected on the impact of technology on modern human interaction.

While acknowledging that AI, social media and other forms of technological development can reduce barriers and connect people across great distances, he said they also carry a risk of making human relationships increasingly virtual.

His particular concern was the possibility that society could become accustomed to allowing algorithms to determine matters that should instead be guided by human conscience.

Ensuring that social relationships have real substance and personal depth” is one way the Christian community seeks to respond to this challenge, he said.

The comments come amid broader concerns about the direction of AI development. Recent security incidents, along with the growing ability of some AI systems to improve their own performance without human intervention, have intensified debate about the technology.

Another major question is whether companies and organisations within the AI sector are capable of regulating themselves effectively as the technology becomes more powerful.

The Pope has previously made AI a major focus of his public interventions. His first major document, the May encyclical “Magnifica Humanitas”, urged efforts to prevent AI from becoming a force that dominates humanity.

The Holy See has also become more active in calls for international rules governing AI, grounding its position in the protection of human dignity. Its initiatives have extended to discussions involving nuclear technology, culture and artistic creation.

The latest warning places the Vatican’s concerns within a wider debate over how humanity should balance the benefits of increasingly powerful AI with the need to keep important decisions under human control.

 

Pope Leo XIV Warns Against Letting AI Make Human Decisions

Loading

Continue Reading

Trending