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Schoolboys abduction: Sultan fears security chiefs benefit from insecurity
Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar III has said the abduction of hundreds of students from Government Science Secondary School, Kankara, Katsina, indicates serious lapses in Nigeria’s security architecture that need to be urgently addressed.
He said that the boldness of the bandits to carry out the abduction on the day Mr. President arrived in Katsina State on a private visit was to further test the resolve of his government.
The reaction is contained in the Sultan-led Jama’atu Nasril Islam (JNI)’s statement issued on Monday through its Secretary-General, Dr Khalid Abubakar Aliyu.
He urged President Buhari to listen to the calls from Nigerians to revamp the security architecture and address the nation, adding that, “there are insinuations that for pecuniary benefits, some top echelon among the security operatives don’t want the insecurity to end.”
“If not, how can one explain the movement of the bandits in their hundreds on motor cycles without being detected? What happens to intelligence gathering that this heinous plan was not uncovered before it was hatched? How comes the bandits took their time, gather the school boys, heaped them on bikes and whisked them away without being rounded up by the security agencies? Mr. President needs to hearken to the call of Nigerians; revamp the security architecture and address the nation!”
Part of the statement read, “The Jama’atu Nasril Islam (JNI) under the leadership of its President-General, His Eminence, Alhaji Muhammad Sa’ad Abubakar, CFR, mni, the Sultan of Sokoto received with absolute shock the most unfortunate story of the abduction of students from Government Science Secondary School (GSSS), Kankara, Katsina State, after shooting the security guard on the spot, at about 10:45pm on Friday.
“This abduction in commando style is one tragedy too many coming on the heels of the infamous Zabarmari massacre just not long ago.
“This indeed is a sad reminder of the abductions of school Girls in Chibok and Dapchi of Borno and Yobe States of North-East Nigeria, and it’s an indicator that the powers that be don’t read the present through the spectacle of the past; this wouldn’t have happened.
“For the umpteenth time, we will continue to ask: for how long shall the masses continue to live in fear? For how long shall the Federal and State Governments continue to issue empty condemnations whenever tragedies stroke? Is the government and the security agencies so overwhelmed and thus cannot secure the citizens? Are there insurmountable challenges or acts of sabotage that the Government is hiding from the public? These and many more questions continue to bedevil every discerning mind within and outside Nigeria.
“The Kankara abduction was so belligerently orchestrated that it happened the day Mr. President arrived Katsina State on a private visit. Are the bandits this bold as to further test the resolve of the Government or smite the face of the Commander in Chief by bringing it up to his door step in his presence? This further proves what we once said that the bandits rule in many communities and do as they wish with impunity.
“If there is any worse outcome than the abduction itself, it is the fact that this is the most potent action to frustrate school enrolment in Northern Nigeria, as no parent will forthwith be comfortable to send their children or wards to boarding school despite the many enrolment campaign efforts by the Government. And it will even be callous for anyone to call on the traumatized parents to expose their beloved children to these unprotected environments to be used as fodder by bandits and insurgents at will.
“What baffles us the most is the government’s inability to locate the enemy’s actual enclave, the focal point of their strength and to devote all available means to rout them out or incapacitate them.
“Is it that the political will isn’t there? What really is the challenge or Nigerians don’t deserve to know from the government they elected?
“We nevertheless in a plangent mood commiserate with the families of the GSSS Kankara victims and wish them safe and immediate reunion with their respective children. We also pray for Allah’s continuous guidance, strength and stamina to all those on the battle fields against all forms of insurrections in Nigeria. In the same vein, we urge the people and Government of Katsina state not to get depressed; Allah, the Most High shall continue to be their strength in-sha’Allah.
“In light of the above, we call on governments at all levels to with all urgency do everything possible and use any means possible to return the school boys.
“The prayers of the JNI and Nigerian Muslims are therefore that: Government should spare no effort(s) to immediately return all the abducted students of GSSS Kankara. And then there should be no sacred cows – heads must roll for the repeated slackness.
“Government at all levels in collaboration with different security agencies should proactively rise against the tide of insecurity in whatever guise by nipping it in the bud, before it escalates; We must all be upright in our dealings and remember that we shall all account for our respective actions and inactions, thus we should be God-conscious.
“We should continue to seek Allah’s intervention to ending these orgies bedeviling our country, as well as return to Allah with all righteousness; repentance, remorsefulness, brokenhearted and seeking for His pardon.”
News
Currency in circulation now N4.8tn – CBN report
Currency in circulation now N4.8tn – CBN report
Currency in circulation has reached an all-time high of N4.8 trillion as of November 2024, recording over seven per cent increase from the previous month.
Also, currency outside banks grew significantly in the same month hitting an all-time high of N4.6 trillion from the N4.2 trillion in the month of October.
These figures were contained in the money and credit supply data from the Central Bank of Nigeria (CBN).
The currency in circulation is the amount of cash–in the form of paper notes or coins–within a country that is physically used to conduct transactions between consumers and businesses.
It represents the money that has been issued by the country’s monetary authority, minus cash that has been removed from the system.
Similarly, currency outside a bank refers to cash held by individuals, businesses and other entities that is not stored in banks.
The currency outside the bank represents about 96 per cent of the currency in circulation.
Nigerians have in recent times been facing acute cash shortage with banks limiting daily withdrawal at Automated Teller Machines (ATMs) to N20,000 irrespective of the number of accounts held by an account owner.
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According to the latest data, the currency in circulation grew by seven per cent to reach 4,878,125.22 from 4,549,217.51 in October.
Currency in circulation has grown steadily in the outgoing year 2024 with over one trillion naira added to cash in circulation after starting the year with N3.65 trillion in January.
In February, the currency in circulation slightly increased to N3.69 trillion representing an increase of N43 billion or 1.18 per cent from the January figure.
March also saw an appreciable increase to N3.87 trillion while it further increased to N3.92 trillion in the following month of April.
The growth trajectory continued in May with the currency in circulation increasing slightly to N3.97 trillion, an increase of N42 billion or 1.07 per cent while it reached an all-time high of 4.04 trillion, an increase of 2.11 per cent from May.
The July figure also rose marginally with the currency in circulation settling for N4.05 trillion before growing to N4.14 trillion in August and N4.43 trillion in September and N4.5 trillion in October.
In the same vein, currency outside banks grew from N4.2 trillion in October to N4.6 trillion in November, showing increasing preference for other means of storing outside bank deposits.
Economist, Dr. Paul Alaje attributed the development to the expanding money supply, adding, “Money supply is expanding but this may not necessarily be in cash. As it is expanding, it will necessarily induce inflation. But you can’t blame the people. People must look for money. How much was bottled water last year, how much is it today? All of this will induce inflation. If you now ask, what is the cause of inflation? Is it money supply itself or a devaluation policy? It is a devaluation policy. Money supply is an offshoot. So the Central Bank is raising interest rates to actually reduce money supply but the more they try the more money supply expands.”
He stated that the floatation policy of the CBN has created inflation, adding, “It is like chasing one’s tail and I don’t know if you are going to catch it.”
Currency in circulation now N4.8tn – CBN report
News
Tinubu not telling Nigerians the truth, says Sule Lamido
Tinubu not telling Nigerians the truth, says Sule Lamido
President Bola Tinubu has been accused of not being forthright about the true state of Nigeria under his administration.
Former Jigawa State Governor and senior Peoples Democratic Party (PDP) member, Sule Lamido, made the accusation while speaking on the BBC Hausa programme Gane Mini Hanya.
Lamido criticized both Tinubu and former President Muhammadu Buhari for what he described as a lack of transparency in governance.
“Buhari’s and Tinubu’s governments are not being transparent with Nigerians unlike during the time when PDP was in power where everything was transparent and open to all Nigerians,” Lamido said.
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He accused the two administrations of relying on propaganda rather than providing citizens with accurate information.
Lamido also expressed concerns over President Tinubu’s recent loan requests, questioning the logic behind them. “If Nigerians are being told the truth then there is nothing wrong with that, but how would you budget N30tn, generate N50tn and then request loan when you have a surplus of N20tn,” he said, referencing last year’s budget.
He described the situation as “reckless” and “selfish,” adding, “This recklessness and clear-cut selfishness is not done anywhere in the world, but yet you find (some) Nigerians supporting it. Visit social media and see how APC is being criticised, being referred to as calamity, yet you find some protecting it.”
Tinubu not telling Nigerians the truth, says Sule Lamido
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Nigeria Customs Service begins 2025 recruitment [How to apply]
Nigeria Customs Service begins 2025 recruitment [How to apply]
The Nigeria Customs Service (NCS) has announced the commencement of its recruitment exercise, assuring Nigerians that the process is entirely free and fair.
The agency has cautioned the public to be vigilant against scammers who may attempt to exploit unsuspecting applicants during the recruitment period.
Applications are invited for positions in the Superintendent, Inspector, and Customs Assistant cadres as part of the Service’s plan to recruit 3,927 officers in 2025.
This initiative is aimed at enhancing trade facilitation and supporting Nigeria’s economic recovery efforts.
“Our recruitment is entirely free and fair. At no stage do we charge fees. Anyone requesting payment is a scammer,” the agency emphasized, urging applicants to be wary of fraudulent schemes.
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The NCS outlined eligibility criteria, stating that applicants must be Nigerian citizens by birth, possess a valid National Identification Number (NIN), and have no criminal record or ongoing investigations.
Academic qualifications for the three cadres are as follows:
Superintendent Cadre: A university degree or Higher National Diploma (HND) along with an NYSC discharge or exemption certificate.
Inspectorate Cadre: A National Diploma (ND) or Nigeria Certificate in Education (NCE) from an accredited institution.
Customs Assistant Cadre: At least an O’Level certificate (WAEC or NECO).
In addition to these qualifications, the NCS stressed that all applicants must be physically and mentally fit, providing evidence of medical fitness from a recognized government hospital.
Nigeria Customs Service begins 2025 recruitment [How to apply]
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