@AishaYesufu Dear Comrade #EndSars
You are gradually dripping from grace. What a shame to sovereign motherland.
Try attend a military function and seat while the national anthem is on. Nigerians want to check something through your conduct.
We are looking forward to your attendance please.
The @DefenceInfoNG @HQNigerianArmy :
As a citizen who highly values the role of our Military in this country, I condole with you and families of the soldiers killed in Abia. May God grant their families divine comfort.
To avoid this recurring pattern of loss of lives of our civilian and military citizens alike, can you address the Nigerian Public on the degenerate state of insecurity all over the country?
Since nobody else but the person who occupies the seat of the President and Commander-in-Chief of the Nigerian Armed Forces @officialABAT is de facto vested with the Constitutional Powers, Duty and Accountability to ensure the security of our country and people, can you help us , the Nigerian people, understand why the failures of rampant insecurity persist in the country?
What exactly is the problem?
We are governed by Constitution, Laws, Rules and Regulations with the Rule of Law as our Bedrock.
Anchored on all these, no where in our Constitution, Laws, Rules and Regulations are Criminals meant to be appealed to by their fellow Citizens. Never.
Criminals are to be constitutionally arrested, investigated, prosecuted, convicted and punished.
How come your operations have hardly resulted in the arrest, successful investigation, prosecution, conviction and punishment of any one of those responsible for killing Nigerian citizens across this country?
Do you not know that this absence of strong deterrence has become an incentive to criminal gangs to freely kill our citizens, including those in the security forces?
Why is the current occupant of the C-in-C Office failing to effectively lead your establishments to punish crimes and secure our people and soldiers across the country?
Please let the Nigerian Public know why.
That is Public Accountability and citizens deserve to hear from our Governments, institutions and public officials.
Again, please accept my condolences for the losses. ✍🏾✍🏾✍🏾
*Public Service Announcement*
Let it be known to all and sundry that I, Obiageli “Oby” Ezekwesili shall whenever asked to sing the Nigerian National Anthem sing:
1. Arise, O compatriots, Nigeria’s call obey To serve our fatherland With love and strength and faith The labour of our heroes past Shall never be in vain To serve with heart and might One nation bound in freedom, peace and unity.
2. Oh God of creation, direct our noble cause Guide our leader’s right Help our youth the truth to know In love and honesty to grow And living just and true Great lofty heights attain To build a nation where peace and justice reign.
This is my own National Anthem and let it be known that no one can suppress my right to dissent an obnoxious “law” that is repugnant to all that is of good conscience in Nigeria.
Whatever else is #NotMyNationalAnthem.
✍🏾✍🏾✍🏾
You are invited to Dr. Chido Onumah's Birthday Conversation: *Reflecting on Nigeria's Identity Crisis.*
*Theme: When is a Nation?*
Date: Tuesday, April 16th, 2024
Time: 12:noon (WAT)
Venue: Zoom Virtual Platform
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You are invited to Dr. @conumah Onumah's Birthday Conversation: Reflecting on Nigeria's Identity Crisis.
Theme: When is a Nation?
Date: Tuesday, April 16th, 2024
Time: noon (GMT+1)
Venue: Zoom Virtual Platform
Registration: https://t.co/pAUwANOtzc
@ice_blockchain Why the Quiz in the first place? Are we writing exam?. You guys are just fraudulent with your approach. You have denied many access to their account just because they got new phones. How could you cut someone's 46,000 coin from his 66,000, leaving him with 20,000!! Defrost de ICE
The Cardoso Naira vs Dollar Chess Game: A Fight to the Finish
By Michael Chibuzo
I have watched very keenly the flurry of activities in Nigeria's foreign exchange market in the past couple of days. It is obvious that the Central Bank of Nigeria under the leadership of Dr. Yemi Cardoso has laid down a monetary chess challenge with the dollar and operators of Nigeria's foreign exchange market.
On 22nd September, 2023, Dr. Yemi Cardoso assumed office as the new Governor of the Central Bank of Nigeria. For two months, he did not make any key statement on the policy direction of the CBN until November 24, 2023 when he laid out what may be described as his first monetary policy speech at the 58th Chartered Institute of Bankers of Nigeria’s annual dinner in Lagos.
The key takeawys from Cardoso's speech at the dinner as it affects the Nigerian economy include the following:
- There is a continuous decline in Nigeria's crude oil production, which has led to a decline in government revenue and foreign exchange inflows;
- There is a growth in public expenditures to meet up with the required pace of growth. The combination of INCREASED public expenditure and REDUCED net public revenue led to fiscal deficit and public debt increase, placing additional strain on external reserves and contributing to exchange rate instability;
- Insecurity remains a pressing issue, affecting the agricultural, industrial, and services sectors simultaneously. The net effect is reduced national productivity, food shortages and inflation; and
- Unavoidable fuel subsidy removal and foreign exchange unification policy exacerbated a worsening macroeconomic indicators.
So, in essence, Cardoso highlighted significant challenges facing the economy to include high and rising inflation, inadequate foreign exchange supply, depreciation of the exchange rate, limited external reserves, weakened output, and high unemployment.
He said that the CBN will prioritize price stability to safeguard the livelihoods of Nigerians (ie tackling inflation) as well as stabilizing the exchange rate. These two areas if achieved will promote economic stability. The big question was always HOW.
The first thing Cardoso sought to do (in his words) was "to build back a better CBN" that had been painted in bad light over the past few years due to various factors such as corporate governance failures, diminished institutional autonomy of the CBN, a deviation from the core mandate of the CBN, unorthodox use of monetary tools, an inefficient and opaque foreign exchange market that hindered clear access, a foray into fiscal activities under the cover of development finance activities etc.
From the look of things, it was obvious that Cardoso was ready to make audacious policy u-turns from what was obtainable in the CBN. Strangely, he decided to bid his time before holding a Monetary Policy Committee meeting (last one was held in July, 2023). Obviously he wanted to clear the monetary table of a lot of 'debris' before constituting an MPC meeting.
The volatility and lack of adequate liquidity in the foreign exchange market (which had earlier been liberalised) posed the most immediate challenge to Yemi Cardoso and he understood the implications for businesses and investors. This is why it appears he took it up as his topmost priority.
At that CIBN dinner, Cardoso said, "in order to ensure the proper functioning of domestic and foreign currency markets, CLEAR, TRANSPARENT, and HARMONISED rules governing market operations are essential. New foreign exchange GUIDELINES and LEGISLATION will be developed, and extensive CONSULTATIONS will be conducted with banks and FX market operators before implementing any new requirements."
On January 22nd, the CBN fixed February 26 - 27 as dates for its 293rd Monetary Policy Committee meeting - the first since Cardoso was appointed more than four months ago.
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Even if the secret to business success is patiently explained to you, some people will still say they want to think about it.
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From July to now, we got over 600 kidnapped victims back home,without making noise, some of them are in captivity for 2 to 3 years. Today you can drive from Abuja to Kaduna even at night - NSA, Nuhu Ribadu