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Tinubu’s unified exchange rate policy yielding positive results  – APC chieftain

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Mr Olatunbosun Oyintiloye, a chieftain of the All Progressives Congress (APC) in Osun, says President Bola Tinubu’s policy on the unification of exchange rate has started yielding positive results.

Oyintiloye, a former member of the defunct APC Presidential Campaign Council(PCC), said this in a chat with journalists on Sunday in Osogbo.

According to him, although the policy was painful and tough on Nigerians at the initial stage, experience of the past few weeks has shown that the policy is putting the nation’s economy on the path of recovery.

The APC chieftain said the steady appreciation of the Naira against the dollar at both parallel and official markets was commendable and a huge relief to Nigerians.

He said the liberation of the foreign exchange market and the steady appreciation of the Naira would attract foreign portfolio investment, and unlock the huge potentials for investment and restore investors’ confidence in Nigeria’s economy.

Oyintiloye also commended the Central Bank of Nigeria(CBN) for settling “all valid” foreign exchange backlogs amounting to $7 billion, adding that “this will continue to stabilise the exchange rate.”

Oyintiloye, however, appealed to Nigerians to continue to exercise patience with the president, assuring that things will continue to get better.

“In the next few months we will continue to reap the benefits of the tough economic decisions made by the president.

“This will clearly proof to us that the president meant well for Nigerians in all his economic policies.

“The way the Naira is fast appreciating against the dollar and other currencies is amazing and I know we will soon be benefiting from it.

“The Renewed Hope Agenda of the president will be fulfilled and Nigerians will surely laugh last,” he said.

Oyintiloye also called on Nigerians to “cut their appetite” for foreign goods to fast-track the growth of the nation’s economy.

He said Nigeria as a nation must also cut its dependence on foreign goods, increase local production and enhance entrepreneurship, noting that these would help to strengthen the Naira.

“By importing, we are simply developing the economies of the countries we buy from through job creation, value chain maintenance, capacity for product development and other spin-off effects of production.

“We have to feed our population and depend less on importation to fast-track development of our country,” Oyintiloye said.

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Bribery allegations: Kano court fixes date for Ganduje’s arraignment

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Kano State High Court No. 7 has re-scheduled the arraignment of the National Chairman of All Progressives Congress, APC, Abdullahi Ganduje to June 5.

Ganduje is standing trial alongside his wife Hafsat Umar, his son, Abdullahi Umar and five others

The defendants in the case included Abubaka Bawuro, Jibrilla Muhammad, Lamash Properties Limited, Safari textile Ltd., and lasage General Enterprise Ltd

Kano State High Court No. 5 presided over by Justice Usman Na’abba had earlier scheduled May 16 for ruling on the request substituted service on the defendants.

This was before the State Chief Judge, Justice Dije Aboki reassigned the case to High Court No 7 presided by Justice Amina Adamu.

The new charge sheet sighted contained 11 count charges against the initial eight count charges against Ganduje and his co-defendants.

They include allegations bordering on criminal conspiracy and criminal breach of trust.

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Edo elections: INEC to commence distribution of 373,030 uncollected PVCs

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Over 373,030 uncollected Permanent Voter Cards (PVCs) will be redistributed to the owners from May 27, the Independent National Electoral Commission (INEC) has revealed.

Speaking at a stakeholders’ meeting on the forthcoming Continuous Voter Registration (CVR) exercise, the state Resident Electoral Commissioner (REC), Dr Anugbum Onuoha stated that the PVC collection exercise would be done side-by-side with the CVR exercise, also scheduled for May 27.

Recall that the INEC Chairman, Mahmood Yakubu, had announced to begin the CVR exercise in Edo and Ondo ahead of the governorship elections in the two states.

Onuoha says while the statistics of registered voters in Edo is 2,501,081, collected PVC is 2,128,288 and uncollected PVCs stand at 373,030.

He said both the CVR and the PVC collection would be a 10-day exercise, starting from May 27 to June 5, from 9.00 a.m. to 3.00 p.m. daily, including weekends.

The REC explained that the exercise would be conducted in the 192 wards and the state headquarters of INEC in Edo.

He also disclosed that each registration centre would be managed by two officials drawn from the commission and the National Youth Service Corps (NYSC).

“In addition to the registration of voters, the commission will also make available the uncollected PVCs for collection during CVR.

“Also note that no PVC will be collected by proxy. Registered voters should come in person to collect their cards.

“There will be no pre-registration option because of time constraints,” he said.

Onuoha, however, appealed for the support of the media, Civil Society Organisations (CSOs), traditional rulers and religious leaders in encouraging voters to locate and pick up their PVCs.

According to him, the commission has published the final list of candidates for the Edo governorship election following the conclusion of primaries of the political parties.

The Deputy Director, Voter Registry, INEC Abuja, Mrs Doris Kande-Wyom, who took stakeholders through CVR processes, appealed to them to mobilise prospective registrants for the exercise.

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Gov. Namadi inspects road projects, insists on timely completion

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By Umar Akilu Majeri, Dutse

The Jigawa state governor Malam Umar Namadi  has inspected 26 ongoing road projects across the state and insisted for timely  completion of the work.for the benefit of the public.

The ongoing projects inspected by the governor were mostly rehabilitation and reconstruction of the  roads and bridges damaged by the flooding in the last two years.

Speaking to various contractors, Governor Namadi expressed satisfaction on the quality of the job at the site and urged a speed  work rate for a timely completion.

The Governor told the contractors that Jigawa state is ready to continue patronising any company that demonstrates seriousness and sincerity in handling its work.

“We will not joke about paying your money as soon as you complete the work, however, we will not tolerate or accept any breach of contractual agreement particularly on quality and timely completion in accordance with the specification.”

Governor Namadi assured the Jigawa state people that his government will ensure the completion of all the ongoing road projects, and award new ones to facilitate the movement of goods and services for social and economic development.

While shading more light, the State Commissioner for Works and Transport Engineer Gambo S Malam said, the ongoing road projects have a total distance of 360 kilometers, while in some roads the works included rebuilding the collapsed bridges and provisions of new ones .

He added that so many measures were taken in the reconstruction of the roads and bridges damaged by the flood to prevent such problem In case of any flood in the future..

On their side, the contractors handling various road projects across the 27 local government areas of the state, assured the state governor that they will deliver a quality job and in a good time.

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