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Yorubas will resist arrest of proponents of Oodua Republic – Group
Groups under the aegis of Yoruba Frontier Movement (YFM) on Thursday called on President Muhammadu Buhari to resist from using security agencies to harass, intimidate or arrest proponents of Oodua Republic.
YFM in a statement made available to journalists by its National Coordinator, Comrade Abdulkabir Adesina and National Secretary, Aderemi Adisa condemned the plan by security agencies to arrest proponents of Oodua Republic, saying that such action will only lead to breakdown of law and order.
The statement read, “We have received reports that there are plans by security agencies to arrest proponents of Oodua Republic headed by Chief Sunday Igboho. We are using this medium to call on President Muhammadu Buhari to order security agencies to desist from such attempts because proponents of Oodua Republic are operating within the ambit of the law of the Federal Republic of Nigeria.”
The group wondered why proponents of Oodua Republic have become the target of security agencies while Fulani herdsmen and bandits have remained untouchable.
“We should even go down memory lane. President Muhammadu Buhari while desperately seeking to become Nigeria’s president made many inciting statements capable of bringing anachy into the country but ex- President Jonathan never ordered for his arrest. On many occasions northern youths and elders have made similar inciting statements and heaven didn’t come down. As a matter of fact we have been calling for restructuring of Nigeria for a very long time.The failure of government to restructure Nigeria is the reason why we are calling for Oodua Republic. Yorubas have suffered greatly since the amalgamation of the country in 1914 owing to injustice against Yoruba race in Nigeria. As a race we have every right to demand for our right to either stay with Nigeria or go our separate ways”, the statement added.
It further lauded Chief Sunday Igboho for taking the bull by the horn, saying that Yorubas are fully in his support.
“We are using this medium to call on traditional rulers, Obas , leaders and all Yoruba sons and daughters to support the proponents of Oodua Republic”, the statement concluded.
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.”
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.
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.
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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