Fayose to Buhari: Devalue Naira now, forex policy short-changing Nigerians

Governor Fayose

Governor Ayodele Fayose of Ekiti State has called for the devaluation of the nation’s currency, the Naira, saying, “With the gap between the official rate of N199 and open market rate of over N400 to one dollar, Naira has already been devalued. Therefore, President Muhammadu Buhari must stop deceiving himself and short-changing Nigerians, especially States and Local Councils in the country with his Forex Policy.”Fayose

Governor Fayose, who said there was no time in the history of Nigeria that the gap between dollar official rate and open market rate was more than N200, pointed out that it made no economic sense for the Federal Government to be calculating the country’s revenue on the basis of the Central Bank of Nigeria (CBN) official rate of N199 to a dollar while States and Local Councils that are sharing the revenue with the Federal Government run their businesses at the open market rate of over N400 to one dollar, thereby causing business to be folding up by the day and prices of goods skyrocketing everyday.

Assault on Journalist: Court hears suit against Customs Monday

By Abdulwahab Abdulah Justice A.

 Anka of the Federal High Court, Lagos will Monday, commence hearing in the fundamental rights suit filed by the Lagos State Council of the Nigeria Union of Journalists (NUJ) against the Comptroller General of the Nigeria Customs Service (NCS) and eight others over alleged assault on one of its members, Otunba Yomi Olomofe. Olomofe-Ali The NUJ had filed the suit against NCS, over the brutal assault of

Olomofe, at Seme border post of the NCS last year, asking for N500 million as special and exemplary damages for the violation of the applicant’s rights. The body had specifically prayed the court for the enforcement of the journalist fundamental rights to life, dignity of the human person and freedom of expression and the press and to declare that the brutalised journalist’s right was indeed violated by the defendants. The matter had earlier came up for mention before Justice A. Anka, though none of the defendants was in court nor represented, however, the counsel representing the plaintiff, Adelayo Banjo of Jiti Ogunye chambers informed the court that the defendants are yet to be served on the processes of the case

Sun Award: Vice President extols Tinubu, others

Lagos – The Vice President, Prof. Yemi Osinbajo, has extolled the National Leader of the All Progressives Party (APC), Asiwaju Ahmed Tinubu, and other prominent Nigerians honoured by the Sun Newspapers. Osinbajo congratulated 19 awardees who excelled in their various fields of endeavour on Saturday night in Lagos. “I am here to celebrate with everyone the many successes of those who tonight are being given a Sun Award. “I must commend the publisher, Dr Orji Kalu, and the entire members of Sun Newspapers for this incredible idea of recognising some in our mix who have done great things. “And who have continued to do a great thing and honour them in this way,’’ Osinbajo said

My successor’ll be from God – Mimiko

By Dayo Johnson

 Akure—GOVERNOR Olusegun Mimiko of Ondo State spoke for the first time on his successor when he stepped down from office February next year. Mimiko He had refused to speak on who would succeed him. Those interested in his cabinet have been holding secret meetings.

Mimiko told the people of the state that; “God will choose the man after His heart to lead on February 24, 2017, about a year today. He was speaking at the 84th edition of the monthly praise thanksgiving programme tagged “Divine Agenda”, held at the International Events Centre in Akure. The governor added that the people of the state should “not be carried away with the propaganda, stay with the real stuff and the good Lord will help all of you. “I also pray specially that after our tenure, a man after the heart of God will take over in the state. A man that will have the heart for the people.”

Read more at: http://www.vanguardngr.com/2016/02/my-successorll-be-from-god-mimiko/

Edo infrastructure attracts foreign investors —Oshiomhole

By Simon Ebegbulem 

BENIN—GOVERNOR Adams Oshiomhole of Edo State has said that the state government’s investment in road and other infrastructure in different parts of the state have started yielding the right dividends as different companies, including a Chinese firm which employed 500 staff,

have located their factories in the state. Oshiomhole Speaking during an inspection of a ceramics factory which employs 500 direct staff at Utesi community in Benin City, Governor Oshiomhole said that the surest way for government to address the issue of unemployment in the country was to provide basic infrastructure which will in turn attract foreign investment. 

According to the governor, the location of an industry in a community attracts development to such community.