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Buhari reiterates commitment to welfare of police personnel, approves new salary structure

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NIGERIA’s President, Muhammadu Buhari has reassured the Nigeria Police Force that his administration will continue to give attention to its welfare and operational needs with a view to restoring its lost primacy in the internal security framework of the country.

Buhari gave the assurance following his approval of rank salary structure adjustment, by which salary, allowances and pension of policemen would be increased.

The President spoke on Monday during an audience with members of the Police Service Commission and the leadership of the Nigeria Police Force, who were on a visit to State House in Abuja.

President Buhari regretted that the inability of the police in their constitutional role as the frontline force in the prevention of crime had led to military involvement in the maintenance of law and order throughout the country.

He said, “From Taraba to Sokoto, to the South-South, people don’t feel secure until they see the military,” President Buhari was quoted as saying in a statement by his spokesman, Mr Garba Shehu.

“I am pleased to make the increase in salary and allowances in the hope that it will increase the performance index of the police and strengthen Nigeria’s internal security system.”

The President Buhari also noted that the more efficient the police is, the more confident the government and citizens will be.

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“The military should be reserved for higher tasks. The police should be able to cope well with the challenges of armed robbery, kidnapping for ransom and such crimes.

“In every town and village, there is the presence of the police. From all these places, they should be able to forward first-class intelligence to you on which to act”, he added.

There is a need to amplify the question of more men of the police, especially given the condition we are in – emergency in the North East, pervasive insecurity and abduction for ransom and banditry in many parts of the country,” President Buhari said.

He further congratulated the police on the success they recorded against “criminals taxing people and stopping them from their farms”.

The President, however, said the government expected more from them.

Earlier, a full-time Commissioner in the PSC, Justice Clara Ogunbiyi (rtd), who represented the chairman, Musiliu Smith, had informed the President that the rank salary structure adjustment would enhance police welfare and morale.

The Inspector General of Police, Mr Ibrahim Idris, also assured President Buhari that the police would redouble efforts to ensure free, fair and credible elections throughout the country in 2019.

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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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