Connect with us

News

CBN Destroys Over 6 Trillion Bank Notes Under Buhari

Published

on

 

The Central Bank of Nigeria is expected to have destroyed over N6tn worth of mutilated and old banknotes when the regime of the President Muhammadu Buhari expires in May 2023, an analysis by The PUNCH has shown.

Already, data obtained from the annual reports of the currency operations department of the CBN between 2016 and 2020 showed that the apex bank destroyed mutilated banknotes worth N4.1tn during the five-year period. Our correspondent could not readily obtain data on the amount of mutilated banknotes disposed off by the central bank in 2021 and 2022 as of press time on Sunday.

However, the central bank is expected to destroy over 80 per cent of the N3.23tn banknotes currently in circulation as a result of its decision to redesign N100, N200, N500, and N1, 000 bills.

I Will Defeat Kabiru Gaya Despite APC Power Of Incumbency- Kawu Sumaila

The move will bring the total amount of naira notes destroyed by the current administration to at least N6tn.

#

The CBN Governor, Godwin Emefiele, announced on Wednesday that the bank would release re-designed naira notes by December 15, 2022.

Emefiele made this announcement during a special press briefing in Abuja  where he gave reasons for the move.

According to the CBN governor, the move is aimed at controlling currency-in-circulation as well as curbing counterfeit currency and ransom payments to kidnappers and terrorists.

Meanwhile, a breakdown of the CBN data for the 2016-2020 period showed that in 2016, the apex bank destroyed the sum of N829.94bn in mutilated notes. In 2017, the sum of N977.23bn in mutilated banknotes was again destroyed by the CBN. The years 2018, 2019 and 2020 saw the destruction of N814.59bn, N814.44bn and N698.59bn banknotes, respectively.

 

 

News

AA Zaura foundation partners Ulamas to addressing political thuggery, drug abuse in Kano

Published

on

 

The Kano Central Senatorial candidate of All Progressives Congress (APC) in 2023 election, Abdulkarim Abdulsalam Zaura has appealed to Muslims’ clerics to preach against rising level of drug abuse, thuggery and criminalities in Kano.

Addressing the Ulamas, on Saturday in Kano, the founder of AA Zaura foundation, highlighted the role of Islamic scholars in the society thereby, sought their support in the areas of counselling.

Zaura who recently met with leaders of rival political thugs, hunters and vigilants groups to end needless attacks, criminalities, expressed commitment to offering opportunities for rehabilitation of drug abusers in Kano.

He explained that as agent of social consciousness and guidance, religious leaders are being engaged to support the foundation to instil renewed moral behavior in the youth.

” In continuation of this project and campaign against drug abuse, political thuggery, and criminalities in Kano, we believed the Ulamas have a very important role to play in tackling this issue. They are the voice of the people, they are the voice of God, and they have many different ways of counselling people.

#

“Don’t forget, one Ulama or one Imam can change a lot of people. So, they are part of this project, they are stakeholders in this project. We are looking for a different way to connect to the people. We need them understand the project and mission. We had critical discussion and they agreed to work out possible ways to end thuggery and drug abuse in Kano.

Zaura, who contested Kano Central Senatorial district under the platform of All Progressives Congress (APC) during 2023 general election stressed the mission of the foundation was to bring about meaningful growth deviod of political affiliation.

He expressed readiness to collaborate with concerned authorities including state government and security agencies to rid Kano of drug abuse and criminal tendencies.

“Of course, like I said last week. This is the type of project that I take responsibility. I am not putting any exception. The government or private entity or any person that feel like rescuing Kano is free to join us. This is not a political fight and it does not belong to Zaura alone. It is a responsibility, a big work to do and I can’t alone do istop”

” I am a politician and in my years of politics I have never encouraged people taken drugs. Politicians given thugs any form of drugs to fight their opponents should be discouraged. Some of these thugs are graduates. So why would politician will give them drugs while keeping their own children abroad.
It has to stop”. Zaura noted.

Worried by increasing incidences of societal unrest in Kano, Islamic clerics have resolved to jointly find workable solution to addressing menace of criminal tendencies in the state.

Besides, the religious leaders and other stakeholders equally appealed to concern authorities to mitigate root cause of criminalities, and enable means to transform youthful energy to productive.

In their separate positions, the Islamic scholars also cautioned government to look into rampant cases of drug abuse among married women and ladies calling for proactive measures to block access to Kano.

Continue Reading

News

Nasarawa Gov, Others, Woo Dangote At Trade Fair

Published

on

 

 

Governor Abdullahi Sule of Nasarawa State has urged Dangote Industries Limited to consider investing in more sectors of the State economy.

The Governor who was speaking at the ongoing Nasarawa Trade Fair Exhibition said Nasarawa is home to solid mineral resources, adding that the strategic partnership between the duo will speed up Nigeria’s industrialization project.

Representing the Governor, Hon. Muhammed Sani Otto, Nasarawa State’s Commissioner for Trade, Industry, and Investment, commended the Dangote Group for its outstanding performance at the Nasarawa Sugar Company Limited (NSCL).

He expressed confidence that, given this success, the company would be a valuable partner in exploring additional investment opportunities within the state.

In his remarks at the Dangote Special Day, Chairman of the Nigeria Association of Small-Scale Industrialists (NASSI), Nasarawa State Chapter, Nidan Sambo Manasseh, said the Trade Fair which was sponsored by the Dangote Group has been very impactful.

The Chairman advised Dangote Group to scale up its investments in the State by considering other sectors.

He added: “The Nasarawa Trade Fair Exhibition (NASTFE) is a vital catalyst for the State’s economic transformation. This strategic initiative by NASSI directly aligns with Governor Abdullahi Alhaji Sule’s vision to stimulate investment and unlock significant growth.”
The Permanent Secretary, Ministry of Trade, Industry and Investment Hajiya Khadija Oshafu Nuhu said the state is strategically open for business, and that Dangote Group can be part of the compelling opportunities abound in the state.

A statement from the Dangote Group’s Chief Branding and Communication Officer, Anthony Chiejina, said: “Nasarawa State is central to our overall investment in Nigeria. It is home to Dangote’s Nasarawa Sugar Company Limited (NSCL). The sugar project, when completed, will be one of the biggest sugar investments on the African continent.”

The statement quoted the Senior Special Adviser to the Dangote Group’s President, Fatima Wali Abdurrahman, as saying that: “We are not taking this partnership for granted. Our Strategic Business Units (SBUs) are participating.

According to her, some of the Strategic Business Units that are participating from the Dangote Group are: Dangote Fertilser Limited (DFL), Dangote Peugeot Automobiles Nigeria Limited (DPAN), Dangote SinoTruck, Dangote Sugar Refinery, Dangote Salt (NASCON) and Dangote Cement Plc.

#
Continue Reading

News

News Analysis: Between Governor Kabiru Gaya and Governor Rabiu Musa Kwankwaso—Who Established Kano State’s First University?

Published

on

Former Governor's Rabiu Musa Kwankwaso and Kabiru Ibrahim Gaya in a handshake :Photo Credit Baba Halilu Dantiye

 

By Abbas Yushau Yusuf

There has been debate in the online media space in Kano about the actual founder of Kano State’s first owned university, the Aliko Dangote University of Science and Technology.

During the aborted Third Republic, Alhaji Kabiru Ibrahim Gaya was sworn in as the Governor of Kano State in January 1992, succeeding Colonel Idris Garba, now retired Major General Idris Garba, as Governor of Kano State.

When Architect Kabiru Ibrahim Gaya became Governor, he hardly appeared at any public function without saying “Insha Allah,” which means “by Allah’s will”—a phrase every Muslim is encouraged to say before embarking on any earthly endeavor.

But keen political observers at the time understood that most of Governor Kabiru Gaya’s pronouncements on the eve of his inauguration were not fulfilled before the military takeover on 17 November 1993.

#

For example, on the day of his inauguration, Governor Kabiru Gaya told the Kano populace at the Racecourse that he was going to build a large stadium. Until he left Government House, that promise was never fulfilled.

He also promised to separate male and female passengers; at that time, the main means of transportation in Kano and its environs was the Hiace bus. That promise was also never implemented.

Meanwhile, Kano’s neighboring state, the newly created Jigawa, under its young Governor, Ali Sa’adu Birnin Kudu—a protégé of Alhaji Sule Lamido—hit the ground running and executed several projects. These included establishing the first radio station in Jigawa, whose airwaves could be received in Kano, and the immediate construction of 1,000 houses called Gida Dubu in the Takur area of the state capital.

From then on, Kano people began referring to their governor with the slogan: “Insha Allahu na Kano, Aiki na Jigawa,” meaning, “The pronouncement of Allah’s will is in Kano, while the practical work is going on in Jigawa.”

Now, to the main subject: In 1992, with the proliferation of state-owned universities in the southern part of Nigeria, northern states began following suit. That year, Reverend Father Moses Adasu, the late Governor of Benue State during the same aborted Third Republic, secured a license to establish Benue State University—just as Governor Kabiru Gaya, ruling Kano under the platform of the National Republican Convention (NRC), secured a license from the National Universities Commission to establish Kano State’s first university.

Nigerian Tracker observed that, unlike Governor Kabiru Gaya of Kano, Reverend Father Moses Adasu, apart from securing the license for Benue State University, ensured that the institution began operations immediately, with structures put in place and academic activities kicking off.

 

Governor Kabiru Gaya also appointed its first Vice-Chancellor, a computer scientist, Malam Hafiz Wali, a Master’s degree holder, and sited its campus at Bagauda, now the Kano Law School. However, when Governor Kwankwaso assumed leadership of Kano in 1999, he changed the site to the present campus in Wudil because the Federal Government under Chief Olusegun Obasanjo wanted to build a Law School, and Governor Kwankwaso handed the Bagauda site over to the Federal Government for that purpose.

 

 

In contrast, for the Kano State University, apart from obtaining the license, nothing else was done until the military intervened and Governor Kabiru Gaya left office with only the license to his credit.

Nigerian Tracker reports that by the year 2001—eight years after Benue State University had already graduated many students—Kano State, under the leadership of Governor Rabiu Musa Kwankwaso in his first tenure, dusted off the license secured by Governor Kabiru Gaya, established structures, and ordered the immediate commencement of academic activities. Today, the institution has been in operation for 24 years, while Benue State University has operated for 33 years.

So, between Governor Kabiru Gaya and Governor Rabiu Musa Kwankwaso, who actually established Kano State’s first university?

 

Continue Reading

Trending