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What will happen to Buhari’s govt if Amaechi fails to apologise to pastors – Bishop Adeoye

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The Presiding Bishop of Sufficient Grace and Truth Ministry, Bishop Seun Adeoye on Tuesday said the Minister of Transportation, Rotimi Amaechi must tender unreserved apology to some key Ministers of God if President Muhammadu Buhari’s administration must succeed.

Speaking in Osogbo, the Osun State capital, Adeoye said Amaechi’s claim that some Pastors were bribed during the 2015 Presidential election led to some clergy men rising against the current government.

The clergy man noted that the All Progressives Congress, APC- led government has the potentials of actually turning Nigeria around but has been inhibited by God.

According to Adeoye, “Virtually all those who led Buhari’s campaign including the Acting President, Professor Yemi Osinbajo were guilty of using all sorts of blackmail and falsehood to get this government into office but Amaechi was the major culprit.

“It was Amaechi as the Director General of Buhari’s Campaign Organisation who told the world that ex-President Goodluck Jonathan bribed Christian leaders with a whopping N6billion. He refused to mention who collected the money and who they shared the same to.

“Following this unguided statement by Amaechi, many innocent pastors were ridiculed and abused by Nigerians. It came to a point that parishioners even did not trust their priests again. I am one of those who prayed for Buhari to get well quickly.

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“The Lord has assured that he will heal the president and that he won’t die in office but this government can’t get anything right until Amaechi and others apologise to those they deliberately maligned during the campaign.

“It is clear that rather than this government breaking new ground; it is still struggling over the economy, security and power generation. The president has been on sick bed for months. Blood of hundreds of innocent Nigerians have been shed unnecessarily since this government came on board in May 2015.

“Truth must be told; Amaechi offended men of God. He laid accusation on all pastors without justification. He must tender an unreserved public apology and I am sure pastors around the country will rally round and pray from the deep of their hearts for peace in our land and total restoration and recovery of the economy.

“You cannot mock God and go away with it. Men of God are His representatives on earth. If you mock pastors, you mock God. If you lie against them, you lie against God. I am confident that with a sincere apology from Amaechi, in particular, those who sit and fold their arms watching the nation’s events as they unfold will rise up and help in prayers and we will see God healing this land.”

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Ex-NCC Chair, Akande extols Senator Sarafadeen Ali on his 61st birthday

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Former Chairman of the Nigerian Communications Commission (NCC), Prof. Adeolu Akande, has extended warm felicitations to Barrister Sarafadeen Ali, the Senator representing Oyo South Senatorial district, on the occasion of his 61st birthday.

In a statement released on Saturday in Ibadan, the Oyo state capital, on Saturday, Akande lauded the lawmaker, describing him as a luminary whose life has been marked by distinguished service to the nation.

“Today, I join the world in celebrating you on your special day, as you mark 61 years of God’s abundant love and glorious impact on humanity,” the former NCC gaffer expressed.

He added, “I wish you many more years of God’s grace in your life.”

 

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Labour union protests Heritage Bank’s dismissal of 1,000 workers

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The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.

The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.

Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.

He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.

“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.

 

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Nigeria not using foreign reserves to defend naira, says CBN governor

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CBN governor

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.

Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.

While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.

Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.

He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”

Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.

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He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”

 

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