Home Back

Today's Headline:Nigeria Owes Southeast One More State–Igbokwe;Dangote Fault CBN’s 26% Interest Rate

opera.com 2 days ago

Nigeria Owes Southeast One More State –Joe Igbokwe

News Source: Daily Post

A chieftain of the All Progressives Congress, APC, in Lagos State, Joe Igbokwe has said Nigeria owes the Southeast one state.

Igbokwe was reacting to the renewed agitation for the creation of more states in the Southeast.

Posting on his Facebook, the APC chieftain wrote: “Nigeria is still owing the Southeast additional one state and one governor.”

Igbokwe’s remark comes as the bill seeking to create Adada State passed its first reading in the Senate on Tuesday.

The bill, which has been cited as the “Constitution of the Federal Republic of Nigeria, 1999 (Alteration) Bill, 2024 (SB. 482)” was sponsored by the lawmaker representing Enugu North Senatorial District, Senator Okey Ezea.

Dangote Faults CBN’s 26% Interest Rate, Says No Growth Will Happen

News Source: Leadership News

President of the Dangote Group, Aliko Dangote, has criticised the Central Bank of Nigeria’s decision to raise interest rates to nearly 30 per cent.

The foremost entrepreneur also advocated for policies that safeguard domestic industries and cultivate them into indigenous champions capable of generating jobs and fostering prosperity in face of current global economic woes.

The Africa’s richest man told the gathering of manufacturers and investors in Abuja while delivering a speech on ‘Rethinking Manufacturing in Nigeria’ as the keynote speaker at the Nigeria Manufacturers’ Summit that Nigeria has what it takes to be prosperous.

(Photos Credits: Google)

Recall that in May, the Monetary Policy Committee of the Central Bank of Nigeria increased the benchmark interest rate by 150 basis points from 24.75 per cent to 26.25 per cent.

Ex-Imo governor Okorocha’s house collapses in Abuja

News Source: The Nation.

A five-storey building owned by the former governor of Imo State, Rochas Okorocha, has collapsed along Ahmadu Bello Way in Abuja.

The building, according to the report, collapsed around 9:pm yesterday sending panic to the entire neighbourhood.

In a swift reaction, personnel of the Federal Capital Territory (FCT) Police Command immediately cordoned off the entire area.

It was gathered that the collapsed building was under renovation.

Eyewitnesses said some persons might have been trapped in the building.

Reps To Probe Borno Suicide Bomb Attacks

News Source: Daily Trust

The House of Representatives has mandated its Committee on National Security and Intelligence to investigate the suicide bombings in Gwoza LGA of Borno State which has continued to claim lives after the earlier casualties.

This followed the adoption of a motion of urgent public importance moved by Rep Ahmed Jaha Babawo (APC, Borno) at the plenary on Tuesday.

Presenting the motion, Jaha, who represents Damboa/Gwoza/Chibok Federal Constituency, condemned the bombings last Saturday in which suicide bombers targeted a wedding, a funeral and a hospital.

The lawmaker said the terror attacks resulted in the death of not less than 30 lives and caused immeasurable grief and suffering to the affected community with many battling with their lives in various hospitals.

People are also reading