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November 1, 2023 Fire Guts Ladipo Plank Market

Fire Guts Ladipo Plank Market

In a shocking turn, the vibrant Ladipo Plank Market in Lagos State became the unfortunate victim of a devastating midnight inferno, leading to a significant loss of goods and property.

While the incident sent shockwaves through the local community, there was a silver lining in the form of no reported casualties. Dr. Femi Oke-Osanyitolu, the Lagos State Emergency Management Authority's (LASEMA) Permanent Secretary, confirmed this welcome news.

Dr. Oke-Osanyitolu stated, "Upon receiving distress calls, our agency swiftly responded and arrived at the scene, only to be met by a distressing sight—a raging fire consuming the Ladipo Plank Market. Thankfully, there were no lives lost in this unfortunate incident. However, the extent of damage to goods and property is still being assessed due to the intensity of the inferno."

As the sun began to rise, efforts to combat the blaze continued. Officials from LASEMA, the Lagos State Fire Service, and the Federal Fire Service tirelessly worked together to bring the fire under control. Their collaborative efforts and determination to minimize the destruction were evident as they battled the flames.

This distressing incident serves as a reminder of the importance of fire safety and preparedness in markets and public places. As investigations into the cause of the fire begin, the affected traders and community members are left to grapple with the aftermath of this tragic event. The support and assistance of local and state governments will undoubtedly be instrumental in helping them rebuild their lives and livelihoods.

Our thoughts are with the affected traders and their families, and we hope that the resilience of Lagos State will shine through as they recover from this devastating setback.

October 31, 2023 No Plans To Redenominate Naira – CBN Clarifies

No Plans To Redenominate Naira – CBN Clarifies

The Central Bank of Nigeria has officially refuted claims of any intention to redenominate the country's currency, the naira, effective January 2024.

In a statement issued by Isa AbdulMumin, the Director of Corporate Communications at the CBN, this denial follows recent allegations that the central bank had plans to redenominate the national legal tender.

The CBN emphatically rejected these claims, emphasizing that there are no such plans in place to restructure or redenominate the naira. The statement further highlighted the wide circulation of a text message spreading this narrative, which, in actuality, the CBN had previously disputed.

The statement reads: "The attention of the Central Bank of Nigeria (CBN) has been drawn to the wide circulation of a text message suggesting that the bank plans to redenominate the country's legal tender, the naira, from January 2024. We are concerned that this narrative, which we had refuted before now, appears to be gaining traction with several debates on the implication of such a policy for the Nigerian economy."

The CBN clarified that the message's authors had manipulated text from an old policy move by a previous CBN governor in 2007 to make it seem recent.

The statement continues, "To avoid doubt, there is currently no plan by the bank to restructure and redenominate the naira. While the Bank may be considering reforms, such are subject to laid-down procedures in line with the provisions of the CBN Act, 2007."

The CBN strongly advised the public to disregard the news report, categorizing it as speculative and designed to incite panic within the country.

October 31, 2023 PDP Breaks Silence As Wike Fubara Meet Tinubu At Presidential Villa Abuja

PDP Breaks Silence As Wike Fubara Meet Tinubu At Presidential Villa Abuja

Amidst the ongoing political turmoil in Rivers State, the People's Democratic Party (PDP) has issued a resounding call for a calm and peaceful resolution.

On Tuesday, October 31, 2023, the PDP's National Working Committee (NWC) released a statement emphasizing the need for dialogue and peaceful solutions in addressing the current political dispute. The NWC urged all parties involved in the disagreement to pursue a peaceful resolution and encouraged PDP members and supporters to remain composed.

The party assured the public that it had initiated internal conflict resolution processes to address and resolve all areas of contention.

The recent escalation of tension between Nyesome Wike and Siminalayi Fubara came to the forefront when an attempt to impeach Governor Fubara failed, raising concerns about the political stability of the state.

However, in a surprising turn of events, Governor Fubara and his predecessor, Nyesom Wike, were seen shaking hands at the Presidential Villa in Abuja. They, along with several other state governors, including Yahaya Bello (Kogi), Dapo Abiodun (Ogun), Ahmadu Fintiri (Adamawa), Bala Mohammed (Bauchi), Abdullahi Abba (Kano), and Bassey Ottu (Cross River), attended a closed-door meeting of the Police Council, chaired by President Bola Tinubu.

The meeting also included notable figures such as the chairman of the Police Service Commission (PSC) and the Inspector-General of Police (IGP).

October 31, 2023 Afro Nation Cancels Lagos Show

Afro Nation Cancels Lagos Show

Afro Nation made a regrettable announcement on Tuesday, revealing the cancellation of the highly anticipated Afrobeat’s festival initially planned to take place at Tafawa Belewa Square in Lagos.

Afro Nation, an annual three-day music festival organized by Live Nation, Event Horizon, Smade Entertainment, and Memories of Tomorrow, had been scheduled to hold its inaugural edition in Nigeria on December 19-20 in Lagos.

In a statement issued by the organizers through their official account, they expressed their disappointment in cancelling the event. The statement conveyed their deep commitment to delivering high-quality shows, but they found it currently unfeasible to meet the standards that Nigeria deserves in December 2023.

The statement read: "Unfortunately, the Afro Nation Nigeria festival in Lagos will now not be taking place. As event organizers, we hold ourselves to extremely high standards, and it has become clear to us that it is currently not possible to deliver a show that is of the quality that Nigeria deserves in December 2023."

The organizers also emphasized their role in the Afrobeat’s community, providing a platform for artists to connect with their fans and promoting cultural events worldwide. They highlighted their successful shows in various locations, including Portugal, Ghana, Puerto Rico, Miami, and Detroit. They expressed their special connection with Nigeria and their disappointment at being unable to celebrate with the Nigerian audience this year.

However, they reassured their commitment to creating a remarkable Afro Nation show in Lagos in the future, aiming to provide an event that everyone can take pride in.

For ticket holders, the statement assured that all tickets, including booking fees, would be fully refunded. Ticket buyers would receive an email with information about the refund process.

The organizers concluded by expressing their appreciation for the support they have received from fans and promised to return soon for another unforgettable event.

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