Connect with us

News

Akeredolu to Buhari, CBN: It is ill-timed, reverse naira redesign policy now

Published

on

Governor Oluwarotimi Akeredolu, SAN, of Ondo state, on Tuesday, asked President Muhammadu Buhari to direct the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele to reverse the naira redesign policy now.

Governor Akeredolu maintained that both the new and old notes should be allowed to co-exist, noting that despite an existing court injunction, the old notes seem to have ceased to be legal tender in the country.

Receiving members of the Youth Directorate of the All Progressives Congress (APC) Presidential Campaign Council (PCC) led by Seyi Tinubu, the governor faulted the timing of the policy, stating that it is ill-timed, adding that the problem created by the naira and fuel scarcity has affected the ratings of the APC.

Seyi Tinubu is the son of APC Presidential candidate, Asiwaju Bola Ahmed Tinubu.

His words, “We have a problem we are facing in this country today. Our rating as a party is not that favorable. Let’s not deceive ourselves. Must it be now that we will have this financial policy?

“How? Fuel and everything? Things are not easy. This policy is not right at this time. It should be reversed. Reserve it and tell CBN that we are reversing it. Let old and new notes co-exist.

ALSO READ  Shittu's petition is deeply rooted in falsehood, premised on cheap blackmail, Oyo APC replies

“Okada, taxis, banks are not taking old notes again. There is an injunction and everyone is behaving like there is no injunction. We have said that this man (CBN Governor) should be removed when he contested to be President. The man is not fit for that position. A man who attempted to be President will frustrate us at this time.”

Governor Akeredolu lauded Seyi Tinubu and his team for the rigorous campaign embarked upon for the success of the APC.

Appreciating the youths in the party for their relentless efforts,  he hinted that youth will determine the outcome of the next week’s Presidential election.

“Your demographic shows that you occupy a larger percentage. You are the ones that will talk to yourself”, he said.

Akeredolu further maintained that the choice of  Bola Ahmed Tinubu was premised on informed decisions based on his competence and track record.

“We didn’t waver when we said that the Presidency must come to the South. And when it got to the south, we didn’t waver when we said competence and track record are important. Our choice of Asiwaju was premised on the informed decision not because we are from the same tribe.” Governor Akeredolu added.

He, also hailed the State Youth Leader of the party, Ayo Olawande Wisdom for running the youth department effectively.

ALSO READ  Buhari’s return: Aso Villa cabal stages a comeback, sidelines Osinbajo

Earlier, Seyi Tinubu appreciated  Governor Akeredolu for his commitment to youth development and inclusion.

“We have come to seek your approval to add to what you have done in the state already in terms of the campaign. We will be in Ondo for the next two days to meet with the youths.

“Thank you for all you have been doing for Ondo and Nigeria. Most especially for young Nigerians and youths in the state. With the work you have done, we know Asiwaju has no worries in Ondo State”, he declared.

The Governor was joined by the Deputy Governor, Hon. Lucky Aiyedatiwa; National Vice Chairman of party (Southwest) Hon. Isaac Kekemeke; Secretary to the State Government, Princess Oladunni Odu; Commissioner for Finance; Hon. Wale Akinterinwa; and the Director-General of the Project Performance and Implementation Monitoring Unit (PPIMU) Mr. Babajide Akeredolu

Comments

News

Court halts Multichoice Nigeria’s tariff increase on DStv, GOtv

Published

on

By

 

The Competition and Consumer Protection Tribunal (CCPT) in Abuja has issued a restraining order against MultiChoice Nigeria Limited, preventing the company from implementing its planned tariff increase and adjustments to the cost of products and services scheduled to commence on May 1.

Presiding over the three-member tribunal, Saratu Shafii, granted the interim order on Monday, in response to an ex-parte motion presented by Ejiro Awaritoma, legal counsel representing the applicant, Festus Onifade.

In her ruling, Shafii directed MultiChoice to refrain from proceeding with the impending price hike set to take effect from May 1 until the hearing and determination of the motion on notice before the tribunal.

Also, she mandated all involved parties to appear before the tribunal on May 7 at 10 a.m. for further proceedings regarding the motion on notice.

The petitioner, Festus Onifade, filed a lawsuit against MultiChoice Nigeria Ltd and the Federal Competition and Consumer Protection Commission (FCCPC), seeking two specific orders.

These orders include an interim injunction restraining MultiChoice from implementing the impending price increase and any actions that could negatively impact the rights of the claimant and other consumers, pending the determination of the motion on notice.

MultiChoice Nigeria Ltd had previously raised the prices of all its packages on April 1, 2022, prompting legal action from concerned parties.

ALSO READ  Saraki's wife, Toyin, WHO walk the talk in Abuja

 

Continue Reading

News

Kogi Assembly Urges EFCC to Remove ‘Wanted’ Tag on Ex- Gov. Yahaya Bello

Published

on

By

In a recent session of the Kogi State House of Assembly, members passed a resolution urging the Economic and Financial Crimes Commission (EFCC) to remove the ‘wanted’ tag placed on the immediate past Governor of the state, Yahaya Bello.

The resolution was reached during plenary on Tuesday, following a presentation by Jibrin Abu, the representative of Ajaokuta State Constituency.

Abu brought forth a motion titled, ‘A call to end all false, frivolous, fictitious, and far from the truth smear campaign against the former Governor of Kogi State, Alhaji Yahaya Bello.’

Abu alleged that the anti-graft agency had been engaging in a witch-hunt against Bello, stating, “Kogi State, by allocation standard, is not rich so much so that N80.4b will be missing that the State will not be shaken to its foundation. This claim by the EFCC should be sanctioned and taken as laughable. Innocent Nigerians and Kogi State citizens that bought into the lies should by their personal volition withdraw their support.”

Former Deputy Speaker of the House, Enema Paul, echoed Abu’s sentiments, urging the EFCC to uphold the rule of law.

In his ruling, Speaker Aliyu Yusuf emphasized the importance of the EFCC operating within the boundaries of the law.

ALSO READ  2017 : 1,306 Nigerians lost their lives in road accidents

He stated, “This House is not against the EFCC doing their job but they should do it within the ambit of the law and not in a Gestapo way. The country belongs to all of us, so we must respect the law and work with it.”

 

Continue Reading

News

‘Catch And Kill’ Architect Details Trump-Boosting Scheme

Published

on

By

TOPSHOT – Former US President Donald Trump, with attorney Todd Blanche (L), walks toward the press to speak after attending his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in New York City on April 23, 2024. (Photo by Yuki Iwamura / POOL / AFP)

In the 1990s, Donald Trump famously gossiped to the tabloids about — who else — himself, a headline-chaser who loved none other than to see his name in lights, or at least in the supermarket checkout line.

 

But those were Trump’s good old days, an era of clubs and models, long before he launched a bid for the US presidency and found himself needing to squash the lewd, party boy stories he once boasted about.

 

Cue David Pecker, the former publishing executive whose titles included the National Enquirer, and who on Tuesday in a Manhattan courtroom laid out the “catch and kill” strategy he carried out in a bid to support Trump’s 2016 presidential campaign.

 

In a then-secret meeting in August 2015, Trump and his former personal lawyer Michael Cohen met with Pecker to ask how he and his publications could “help the campaign,” the 72-year-old witness testified

Trump “dated the most beautiful women,” Pecker explained, “and it was clear that, based on my past experience, that when someone is running for a public office like this, it is very common for these women to call up a magazine like the National Enquirer to try to sell their stories.”

ALSO READ  Maina: Why Buhari shouldn’t fire Dambazau, Malami – Sagay

‘Fake news’ sells

Speaking under oath, Pecker, who sported a pink tie and slicked back hair, essentially confessed to trafficking so-called “fake news” to both his and Trump’s benefit, while simultaneously paying off several people whose tales had the potential to damage candidate Trump’s reputation.

He said “popular stories about Mr. Trump” as well as “negative stories about his opponents” would “only increase newsstand sales.”

“Publishing these types of stories was also going to benefit his campaign,” Pecker said. “Both parties benefited from it.”

Pecker offered a portal into the editorial practices of outlets like his own, which had no shame in paying for stories and focused far more on the cover than the content.

“We would do a lot of research to determine what… the proper cover of the magazine would be,” Pecker said.

“Every time we did this, Mr. Trump would be the top celebrity,” Pecker said, describing the magnate’s pre-politician days and pointing to his star turn as the top guy on his own reality show “The Apprentice,” and its celebrity-starring sequel.

In recalling Trump’s first campaign era, the prosecution presented bombastic headlines disparaging the Republican’s opponents, such as “Bungling surgeon Ben Carson left sponge in patient’s brain” and “Ted Cruz shamed by porn star.”

ALSO READ  Kano: ‘All APC aspirants must take drug test ahead of party’s state congress’-Commissioner

Pecker said such ideas often came from or were shaped by Cohen, Trump’s then-fixer who is expected to be a star witness in the New York state trial.

But Pecker also said he wanted to keep his “agreement among friends” with Trump and Cohen “as quiet as possible.”

Among the times he said he killed a story regarding Donald Trump, it centered on a Trump Tower doorman who was peddling a false claim that Trump had fathered a child out of wedlock with one of his former employees.

Pecker said he thought it was important to buy the story and keep it quiet for Trump’s benefit — as well as his own.

He said had the story been true, he planned to publish it “after the election.”

“If the story was true, and I published it, it would be probably the biggest sale of the National Enquirer since the death of Elvis Presley.”

 

Continue Reading
Advertisement

Tweets by ‎@megaiconmagg

Subscribe to our Newsletter

* indicates required

MegaIcon Magazine Facebook Page

Advertisement

MEGAICON TV

Trending