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CBN not ready for Naira redesign – Gov. Badaru

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Jigawa State Governor, Muhammad Badaru Abubakar has tackled the Central Bank of Nigeria, CBN, over the persistent scarcity of the redesigned Naira notes in commercial banks.

The Governor made the statement through the State commissioner for finance, Babangida Umar Gantsa while reacting to the hardship people are going through to deposit or withdraw their money.

He accused the CBN of withholding the redesigned Naira notes, causing unnecessary hardship on citizens.

“We even spoke with bank managers and they confirmed that the CBN is not giving them enough money.

“One manager of a bank told us that the CBN gave him only N2million.

“In one particular ATM, I counted over 250 people, people are sleeping there and some are spending hours of their work just to withdraw money for their needs. The banks are not loading enough money in their ATMs because the CBN is also not giving them money.

“I think the CBN is not ready for this exercise. They should go back to the drawing board and do the needful to ease the suffering of the common man.”

Babangida added that, “even the naira swap and ten days extension announced by the CBN is going to be defeated.”

Newsmen reports that only ten local governments out of 27 in the State have functional banks.

The rural communities are in untold hardship as they lack access to any financial institution for exchanging their old note with new ones.

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Reps seek more financial investment for federal teaching hospitals

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The House of Representatives Committee Chairman on Health Institutions, Amos Magaji, has called for a sustained financial investment in the federal teaching hospitals across the country.

He said this will be in line with the Renewed Hope agenda of the President Bola Tinubu-led administration for the betterment of the citizenry.

Magaji disclosed this during an oversight visit of members of his committee to the Federal University of Health Sciences Teaching Hospital, Otukpo.

He stressed the need to allocate more funds in health sector, considering the primary responsibility of health institutions in the country.

Magaji appreciated the Chief Medical Director, CMD, and his management staff for showing interest in the growth of the teaching hospital, considering the tremendous achievements recorded within a period of one year.

He assured that he would work with his members to ensure that more funds are made available to develop the needed infrastructure including the medical equipment to meet up with the expectations of the people.

“We are glad to be in Otukpo today to see things for ourselves. We don’t want to depend on second hand information on the true condition of the Federal University Teaching Hospital Otukpo,” he said.

He assured the management of full support of the Federal House of Representatives as appropriate incentives would be given through interface with other critical stakeholders in Abuja.

The committee chairman enjoined the staff, whom he described as foundation staff to work as team despite the working condition, “we have seen how the environment is looking and we will continue to monitor the progress.

“So, as foundation staff, you all have the opportunity to write your name in gold.”

While welcoming the committee, the CMD, Prof Silas Ochejele, appreciated the federal government for the establishment of the teaching hospital in Otukpo which has drastically changed the medical services narratives in the state.

Ochejele thanked the House of Representatives Committee on Health Institutions for the pains to come down to Otukpo and believed that the visit has made them to see things themselves, which would go a long way in repositioning the hospital for the betterment of the people.

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JUST IN: Helicopter carrying Iran’s President crashes

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A helicopter carrying Iranian President, Ebrahim Raisi, has been involved in an incident while he was visiting neighbouring Azerbaijan, Iran’s semi-official Tasnim news agency reported on X on Sunday according to CNN.

“Some of the president’s companions on this helicopter were able to communicate with Central Headquarters, raising hopes that the incident could have ended without casualties,” it added.

It is unclear what the exact status is of Raisi’s helicopter, CNN reports.

The helicopter was part of a convoy of three helicopters. Two of those helicopters were carrying ministers and officials who arrived at their destination safely, according to Tasnim.

“Seyyed Mohammad-Ali Al-Hashem, Tabriz’s Friday Prayer Imam, and Foreign Minister Hossein Amirabdollahian were also reportedly on the helicopter with the president,” Tasnim said on X. BREAKING: Helicopter carrying Iran’s President involved in an accident

A helicopter carrying Iranian President, Ebrahim Raisi, has been involved in an incident while he was visiting neighbouring Azerbaijan, Iran’s semi-official Tasnim news agency reported on X on Sunday according to CNN.

“Some of the president’s companions on this helicopter were able to communicate with Central Headquarters, raising hopes that the incident could have ended without casualties,” it added.

It is unclear what the exact status is of Raisi’s helicopter, CNN reports.

The helicopter was part of a convoy of three helicopters. Two of those helicopters were carrying ministers and officials who arrived at their destination safely, according to Tasnim.

“Seyyed Mohammad-Ali Al-Hashem, Tabriz’s Friday Prayer Imam, and Foreign Minister Hossein Amirabdollahian were also reportedly on the helicopter with the president,” Tasnim said on X.

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NDDC to unveil 92 projects worth N84bn

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The Niger Delta Development Commission said it would commission 92 infrastructure projects valued at over N84 billion across five states in the region in the next two weeks.

This is according to a statement by the Director, Corporate Affairs, NDDC, Mr. Pius Ughakpoteni, made available to our correspondent in Uyo, the Akwa Ibom State capital, on Sunday

“With a forward-looking, innovative and result-oriented roadmap, the commission is well-equipped towards ensuring a holistic and sustainable development of the Niger Delta into a region that is economically prosperous, socially stable, ecologically regenerative and politically peaceful,” adding that the NDDC’s management “would explore means of reducing recurrent expenditure, while focusing on completing capital projects.

“And in the light of the above, NDDC, will in the next two weeks, commission 92 infrastructure projects executed at a cost of N84 billion across the nine mandate states in the region,” the statement partly read.

The projects include the 25.7 km Ogbia-Nembe Road which creates a road link to the ancient city of Nembe. For the first time in living memory, the 9.15 km of pre-fabricated vertical drains on the swamp and seven bridges are also among the star projects in the area.

These projects executed at the cost of N24 billion, cut the traveling time to Yenagoa, the Bayelsa State capital from 3 hours on dangerous water routes to 45 minutes and also opened up 14 communities for development.

Also slated for commissioning are the 132KV Transmission Line and I32KV/33KV sub-station electrification project, executed at a cost of N8.3bn to optimise power supply to Local Government Areas in the southern part of Ondo State.

The project covers the construction of 45km double circuit 33KV feeder lines from Omotosho Power Station (Hook-up point) to Okitipupa and two 30MVA, 132/33KV injection substations with breakers, gantry and substation automation. It also includes the construction of a 3-bedroom semi-detached bungalow as service quarters.

The capacity of the power station is optimised with the provision of 2 x 60MVA, 132/33KV transformer and other ancillary works at Okitipupa injection sub-station, rehabilitation of 35km 33/11KV transmission from Okitipupa-Igbokoda-Ugbonla and environs and the construction of 1km rigid pavement.

The electricity project will complement the Federal Government’s effort in the power sector development by improving power supply to Okitipupa, Igbokoda and other neighbouring communities in Ondo South Senatorial District, with direct value chain in small and medium scale industries, job creation and consequently engender growth and development in Ondo State.

Ughakpoteni also noted that in Akwa Ibom State, the NDDC will commission the 6.87 km Iko-Iwuochang road in Akwa Ibom South (Eket) Senatorial District of the state.

In Abia State, the commission will unveil the Obehie to Oke Ikpe road reconstructed at a cost of N3.5bn, among others.

Other projects for commissioning during the event include roads, electrification, a police station, health centres and school blocks.

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