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November 1, 2023 Tinubu Intervenes In Fubara And Wike Feud

Tinubu Intervenes In Fubara And Wike Feud

President Bola Tinubu has intervened in the seeming political crisis in Rivers State between Governor Siminalayi Fubara and his predecessor and Minister of the Federal Capital Territory, FCT, Nyesom Wike.

The Chairman of the PDP Governors Forum and Bauchi State Governor, Bala Mohammed, disclosed this shortly after the Police Council meeting at the State House in Abuja.

The police council headed by the president includes all the state governors and the FCT minister, many of whom were present for the meeting.

Governor Mohammed said the President was willing to douse the tensions and perceived fallout between them.

The PDP governors later had an emergency meeting where they expressed satisfaction with the leadership qualities displayed by President Tinubu.

He said the opposition governors will continue to support the president in discharging his duties.

The governors also decided to meet with Fubara and Wike later today.

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).

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