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We are making progress in security – Kogi Govt



The Kogi State Government, Wednesday broke its silence over the kidnap of the Traditional Ruler of Aghara Bunu in Kabba/ Bunu Local Government Area, Chief David Obadofin, saying the incident is “horrendous , criminal and reprehensible”, saying “significant progress” has been made in “apprehending suspected masterminds of the heinous act”.

In a statement in Lokoja on Wednesday, the Commissioner for Information and Communications, Mr Kingsley Fanwo said the State Government is working with security agencies to ensure those behind the attack and kidnap “face the full wrath of the law”.

The statement partly reads: “The attack on the hitherto very peaceful community of Aghara Bunu in Kabba/Bunu Local Government Area by coward anti-socials which led to the reported killing of a woman and the kidnapping of the traditional ruler of the community as well as a young lady is condemnable and the State Government will stop at nothing to ensure we get to the roots of the attack and also ensure the masterminds are brought to book.

“In as much as we wouldn’t want to give out much information about ongoing investigations, we wish to state that progress has been made significantly and suspects apprehended are giving useful information to law enforcement agents.

“Reports of investigations will be made public and perpetrators will be brought to book. Kogi State Government will continue to strengthen its anti-crime architecture to prevent breach of the peace and to also respond rapidly to any breach of the peace. It is the responsibility of Government to protect her citizens are we remain unbending in our unwavering commitment to secure the lives and property of our people.

“We commiserate with the families of the deceased and call on locals to cooperate with security agencies in order to unravel the mystery behind the attack.

“Once again, our local security outfits rose to the occasion by swifting into action to ensure one of the kidnapped victims was released . We thank them and also the conventional security agencies such as the DSS, Police, NSCDC and others for rising to the occasion”.

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Nigeria’s foreign exchange reserves surge by 5% to $33.58bn



Nigeria’s foreign exchange reserves increased by 5 percent to $33.58 billion in the last two months.

This is according to the Central Bank of Nigeria, CBN’s latest FX data as of June 19, 2024.

Accordingly, the foreign exchange reserves figure represents a $1.47 billion increase compared to $32.11 billion on April 19, 2024.

The Monetary Policy Committee, MPC during its 295th meeting reiterated its commitment to boosting Nigeria’s external reserves.

“The Committee also noted the marginal increase in the external reserve balance between March and April 2024 and urged the Bank to sustain its focus on accretion to reserves”, reads in part.

Recall that the Nigerian government received $925 million from Afrieximbank barely two weeks ago as the $3.3 billion crude oil-backed prepayment facility organized by the Nigerian National Petroleum Company Limited.

Meanwhile, despite the increase in the country’s foreign reserves, Naira depreciated N1485.36 for the second consecutive time against the dollar on Thursday.

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Ondo Govt breaks silence after court declared 33 LCDAs illegal



Following the judgment of an Ondo State High Court which declared the creation of the 33 Local Council Development Areas, LCDAs, as unconstitutional, the state government has stated that it is studying the judgement.

The Attorney-General and Commissioner for Justice in the state, Kayode Ajulo, in a statement on Friday, said the state government would duly analyze the judgement, adding that the rule of law would be followed.

The late former Governor Oluwarotimi Akeredolu created the LCDAs in 2023.

But in his judgement on Thursday, Justice A.O. Adebusuoye stated that the LCDAs were not lawfully created.

According to Ajulo, the Certified True Copy (CTC) of the judgement has been requested and will be studied accordingly.

“All necessary measures, in accordance with our laws, will be taken to safeguard the interests of our citizens, foster peaceful coexistence, and uphold the rule of law.

“The Honourable Attorney General remains steadfast in his commitment to prioritising the well-being and welfare of our citizens, working tirelessly to ensure that justice and the law are served.”

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Nigeria Customs generates N249b within 5 months in Rivers



The Nigeria Customs Service, Area 2 Command, Onne in Rivers, said it has generated more than N249 billion as at May, 2024 representing 40.3 per cent of its current annual revenue target.

Comptroller of the command, Muhammed Babandede, made the disclosure while briefing newsmen at Onne.

According to him, the 40.3 per cent revenue record followed a recent review of the command’s annual revenue target from N494 billion to N618 billion.

The comptroller noted that when compared to the same period in 2023, the command had recorded an increase of more than N153 billion.

He also said that six containers laden with codeine, contraband drugs and goods valued at more than N3 billion were also confiscated within the period under review.

He said that the seizures included four containers laden with bales of clothing, lace and fabrics with a Duty Paid Value (DPV) of more than N911 million.

Others, the controller said, were two containers laden with 2,625 cartons of codeine syrup among other contraband valued at more than N2 billion.

Babandede commended the National Drug Law Enforcement Agency (NDLEA) for inter-agency collaboration while also assuring adequate handover of seizures.

He also emphasised that the command would not relent on its core function of trade facilitation which entailed streamlined and simplified technical and legal procedures for clearing import or export goods.

On the operations of bonded terminals, the comptroller explained that the final destination for clearing of consignment was at the importer’s discretion.

“These procedures are guide which all Customs officers must adhere to.

“This negates the erroneous belief that officers of the Onne command connive with operators of Bonded Terminals to transfer containers,” he said.

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