Today's Headlines:Tinubu Not Considering Me As CBN Gov-Elumelu;FG Unveils Plans To Strengthen Naira
Tinubu Not Considering Me As CBN Governor _Elumelu
Photo Credit:Daily Trust
Tony Elumelu, Chairman of Heirs Holdings, has denied reports that he is being considered as the next governor of the Central Bank of Nigeria (CBN).
In a social media post, one Imran Muhammad had quoted a source as saying President Bola Tinubu is considering Elumelu to lead the apex bank.
According to a source President Tinubu is also considering Tony O. Elumelu as CBN governor,” the tweet read.
Responding in another post, Elumelu said, “No please. This is false news.”
Elumelu is a successful banker, who served as CEO of United Bank for Africa (UBA), one of the leading banks in Nigeria, with branches across the world.
FG Unveils Plans To Strengthen Naira
Photo Credit:The Nation papers
The Federal Government is considering mopping up foreign exchange outside the system as part of the strategy to address the current scarcity and shore up the Naira, Finance and Coordinating Minister of the Economy Wale Edun, announced yesterday.
Edun told reporters at his maiden press conference in Abuja that the fiscal authorities would work with the Central Bank (CBN) to attract foreign exchange into the country from different sources.
He spoke on a day Anambra State governor, Charles Soludo, said the economy inherited by President Bola Tinubu was akin to a “dead horse standing.”
The former CBN governor said dealing with the economy would be tough and “coming months will be bumpy.”
Shedding light on the plan to salvage the Naira, Edun said: “There are substantial sources of foreign exchange open to Nigeria.
Photo Credit:Google
Diri, Jonathan Pay Tributes To Late Judge
Photo Credit:Punch papers
The Governor of Bayelsa State, Senator Douye Diri, has described a former Chief Judge of the state, late Justice Kate Abiri, as an incorruptible, courageous and fearless jurist, who championed the cause for uniform retirement age for judges in the country.
The governor said her advocacy resulted in the law that unified the retirement age of state and federal judges at 70 years.
Unfortunately, he said the late Abiri did not benefit from it as the president signed the bill into law after her retirement in January this year.
Diri was quoted to have said this by his Chief Press Secretary, Mr Daniel Alabrah, during her funeral service on Saturday at Aleibiri community in the Ekeremor Local Government Area of Bayelsa State.
He said, “Her death was a huge loss to Bayelsa as it has created a vacuum that will be difficult to fill and she will be remembered for her meritorious service to the state and Nigeria at large.
“The number of dignitaries at her funeral was a testament to the good life she lived. For us, her demise is painful but I hope we all take solace in her worthy legacies, and which we must all sustain.”
Why Nigeria isn’t moving forward –Muoma
Photo Credit:The Sun paper
Elder statesman, Chief Chuks Muoma, (SAN), is a former Legal Adviser of Ohanaeze Ndigbo. In this interview with OGBONNAYA NDUKWE in Aba, the Chairman, Igbo Lawyers Association (ILA) accused Nigeria’s political leaders of creating unwholesome society in the country.
The eminent lawyer also said that failure to work as a team by South-East Governors, has made Igboland remain backward in development since the end of the civil war in 1970. He further spoke on other contending issues.
As Nigeria’s 63rd Independence anniversary approaches on October 1, how do you rate the country’s democracy and politicians? Do you see any progress from your active political days?
What I see presently in Nigeria is not progress. It is retrogression. We are going backwards and not forward. I must say that this is very unfortunate. It has never been perfect when it comes to getting the right people in leadership in this country, but it’s getting worse, towards the extreme. As a young lawyer, when I came back from the United Kingdom, I was very vibrant politically. Soon after, I realised that I could not be accommodated in Nigerian politics, because I abhor corruption, fought against it and spoke against it. When I realised that I was a minority voice and that my security was even being endangered, I quietly withdrew from politics to live a quiet life and I am currently enjoying that life very fulfilled.
El_Zaxks (
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