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CBN’s new monetary policy will favour masses – Arewa youths


The Arewa Youth Consultative Forum, AYCF, has said the Central Bank of Nigeria’s new monetary policy would favour the masses.
AYCF National President, Yerima Shettima, said the monetary policy would reduce inflation.
Speaking with Newsmen, Shettima said AYCF would help CBN propagate the policy so that Nigerians can accept it.
Recall that CBN on Wednesday reviewed cash withdrawal limits to N500,000 and N5 million for individuals and corporate accounts respectively.
The apex bank also reviewed downward, the stipulated percentage cost for withdrawals above the stipulated limits.
A statement by Haruna Mustapha, CBN’s Director, Banking Supervision, said in compelling circumstances where cash withdrawals above the limits are required, they shall be subject to a processing fee of three per cent and five per cent for individuals and corporate organisations, respectively.
Reacting, Shettima said, ”The monetary policy is a welcome development. It will go well with the masses. The policy will favour the masses.
”It will reduce inflation, and those who took money and kept it out of the banking sector will be forced to bring it out, or it will be a waste.”
”With this policy, a lot of things are involved, and we are determined to help CBN propagate the policy so that everyone will accept it,” he added.
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forecasts 3-day sunshine, haziness from SundayNiMet


The Nigerian Meteorological Agency (NiMet) has predicted sunshine and haziness from Sunday to Tuesday across the country.
NiMet’s weather outlook released on Sunday in Abuja predicted sunny skies in a hazy atmosphere over the northern region during the forecast period.
According to it, sunny skies in hazy atmosphere are also expected over the North central region during the forecast period.
It anticipated cloudy skies with spells of sunshine over the Inland states of the South.
NiMet predicted cloudy skies over the coastal cities with prospects of thunderstorms over parts of Edo, Ondo, Imo, Ebonyi, Delta, Bayelsa, Rivers, Akwa Ibom and Cross River states during the afternoon and evening hours.
The agency envisaged dust haze over the northern region on Monday during the for22ecast period.
“Sunny skies in a hazy atmosphere are expected over the North central region during the forecast period.
“Cloudy skies with spells of sunshine are envisaged over the Inland states of the South and the coastal cities with prospects of morning mist over Delta, Bayelsa, Lagos, Cross River and Akwa Ibom.
“Later in the day, thunderstorms are expected over parts of Rivers, Bayelsa and Akwa Ibom states,” it said.
According to NiMet, dust haze with visibility range of 2km to 5 km is anticipated over the northern region on Tuesday during the forecast period.
It predicted dust haze over the North central region during the forecast period.
It anticipated cloudy skies with spells of sunshine over the Inland states of the South and the Coastal cities during the forecast period.
“Dust particles are in suspension, public should take necessary precautions. People with Asthma and other respiratory issues should be cautious of the present weather situations.
“Moderate to heavy rainfall could lead to flash floods. The public is advised to take necessary
caution, avoid driving and walking through flood waters.
“Strong winds are likely to precede and accompany the thunderstorms, the public is advised to take necessary safety precautions.
“Disaster Risk Managers, Agencies and individuals should be proactive, to avert loss of lives and property during the rainy season,” it said.
The agency advised the Airline operators to get updated weather reports from its office for effective planning in their operations.
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Kidnapping: Senator tasks NASS on new robust strategies


Sen. Ned Nwoko (PDP-Delta) has urged the National Assembly to recommend robust strategies to prevent kidnappings in the country.
Nwoko representing Delta North, made the call in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday.
He said the joint committees of the National Assembly on security agencies should interface with relevant stakeholders and come up with novel measures to tackle the menace.
According to him, kidnapping has increasingly made life difficult for citizens and is affecting the economy, including food security.
Nwoko said this would have far reaching effects on the country’s prosperity.
The senator particularly said that the kidnappers had gradually made life difficult for residents of the FCT, particularly in Kuje Area Council.
Nwoko said in spite of the efforts being made by security agencies, a lot needs to be done in tracking and apprehending the kidnappers.
He also called for enforcement of the 2023 law that criminalised payment of ransom to kidnappers.
The lawmaker, whose legislative aide and 18 others were recently abducted in the Galadimawa area of Abuja, said it was important to take appropriate measures to end the menace.
He, therefore, called for a joint operation involving the Army, Air Force, Police, and Department of State Services (DSS) to intensify the search efforts for the captives.
Nwoko also urged the Inspector-General of Police (IGP) to seek funding for installation of CCTV cameras in strategic locations within and around Abuja, and along the highways, and major capital cities to bolster surveillance and deter criminal activities.
“The IGP should also urgently increase security patrols and surveillance within Abuja and across the nation to proactively combat and prevent further kidnappings.
“In view of this, I recently moved a motion on urgent action needed to fortify security, and tackle the surge of kidnapping in the FCT,” he added.
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Military neutralises terrorist kingpin, others in Niger air strikes – NAF


The Air Component of Operation Whirl Punch, has eliminated a dreaded terrorist and kidnap kingpin, Yellow Jambros, and scores of other terrorists in airstrikes in Shiroro Local Government Area (LGA) of Niger.
The Nigerian Air Force (NAF) made this known in a statement by the Director, Public Relations and Information, Air Commodore Edward Gabkwet, on Sunday in Abuja.
Gabkwet said the terrorists met their end while attempting to cross the Jikudna River in Galadima Kogo District, heading towards Wurukuvhi axis of Chikun LGA.
He said that Yellow Jambros and his cohorts were trailed from Zamfara into Niger riding 13 motorcycles along the Kaduna-Niger State border, precisely heading towards Kusasu in Shiroro, prior to the strike.
“At Kusasu, five other motorcycle-riding terrorists joined Yellow Jambros’ convoy, bringing the total number of motorcycles to 18, which then headed to the bank of River Jikudna.
“At the river bank, the terrorists and their 18 motorcycles boarded a large motor-powered canoe in an attempt to cross and link up with other terrorists across the river.
“It was at this point that the authorisation to undertake a strike was given.
“The precision strike was adjudged effective as it neutralised Yellow Jambros and his colleagues, destroyed their motorcycles and sank the boat.
“Though it was unusual for terrorists riding in a convoy of 18 motorcycles to travel in broad daylight, it was apparent that Yellow Jambros and his cohorts had assumed that air strikes were suspended following the unfortunate incident at Tudun Biri in Kaduna State and wanted to exploit the perceived window of opportunity,” he said.
The NAF spokesman said that Yellow Jambros and his cohorts had been responsible for several kidnappings and killings along the Abuja-Kaduna Road and in several communities in Kaduna, Niger, Katsina and Zamfara States.
He said a kidnap kingpin, known as Mohammed Sani, who arrested by the Police in Zamfara in October 2020 for murdering over 50 of his victims due to their inability to mobilise ransom, had claimed that he worked for Yellow Jambros.
According to Gabkwet, the terrorist revealed that Yellow Jambros usually supplied him with fake military and police uniforms, guns and other weapons needed to execute his operation.
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