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September 27, 2023 FG Set To Reveal CBN Investigation Report, Promises Accountability

FG Set To Reveal CBN Investigation Report, Promises Accountability

The Secretary to the Government of the Federation (SGF), George Akume, has said that the Federal Government will soon unveil the audit report of probe of the Central Bank of Nigeria (CBN).

President Bola Tinubu had on July 28, 2023, named a former Chief Executive Officer of the Financial Reporting Council of Nigeria, Jim Obazee, as the Special Investigator for the CBN.

The President asked the Special Investigator to probe the CBN and key Government Business Entities, adding that the investigator would report directly 3to the President’s Office.

However, the SGF said that the probe report of the CBN, when made public, would reveal how poor governance brought the country to the present predicament.

Akume made the disclosure while fielding questions at a press conference in Abuja on the 63rd Independence anniversary of Nigeria.

 

September 27, 2023 Organized Labour Declares Indefinite Strike From Third Of October

Organized Labour Declares Indefinite Strike From Third Of October

The leaders of the Nigeria Labour Congress, NLC, and the Trade Union Congress of Nigeria, TUC, have resolved to commence an indefinite strike on Tuesday, October 3rd.

This followed a joint press briefing held by both leadership of the union in Abuja, the nation’s capital today.

The unions also asked their state chapters to mobilize for protests across the country.

It was gathered that leaders of the two labour centres have resolved their differences that made only NLC embark on a two-day warning strike without the participation of TUC.

TUC President, Festus Osifo read the communique after the meeting.

 

September 27, 2023 Senate Screens Acting CBN Governor, Dr. Yemi Cardoso, Four Deputy Governors

Senate Screens Acting CBN Governor, Dr. Yemi Cardoso, Four Deputy Governors

The Senate has confirmed the appointment of Yemi Cardoso as the Central Bank of Nigeria (CBN) governor and four others as deputy governors of the apex bank.

They were confirmed following a screening by the upper legislative body.

The deputy governors who were confirmed are Emem Usoro, Muhammad Dattijo, Philip Ikeazor, and Bala Bello.

Before their confirmation, the nominees had answered questions on matters related to economic and other policies.

During the screening, Cardoso promised to embrace compliance, assuring that under his leadership, the apex bank would remain apolitical.

However, in the course of the screening, a point of order was raised by Senator Agom Jarigbe.

On September 15, President Bola Tinubu nominated Olayemi Cardoso as the new CBN Governor, pending his confirmation by the Nigerian Senate.

 

 

September 26, 2023 Ogun State Cancels Independence Day Celebrations In Solidarity With The Nation’s Mood

Ogun State Cancels Independence Day Celebrations In Solidarity With The Nation’s Mood

In a statement released on September 26, 2023, the Secretary to the State Government, Tokunbo Talabi, announced the cancellation of the 63rd Independence Day celebration originally scheduled for Sunday, October 1, 2023.

This decision aligns with the Federal Government's directive to observe a subdued celebration this year.

The statement emphasised that the Federal Government's choice of a low-key celebration mirrors the prevailing sentiment in the nation.

It read, “Following the directive of the Federal Government that this year’s Independence Day Celebration should be low-key, the Ogun State Government has cancelled all arrangements regarding the anniversary on October 1st, 2023."

The government urged state citizens to spend the day solemnly praying for the country. It expressed a steadfast belief that the collective supplications of the people during this crucial time will be met with divine intervention.

Additionally, the State Government implored the understanding and cooperation of the state's residents in observing this low-key independence anniversary with the optimistic outlook that brighter days lie ahead.

 

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