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Old Naira Notes Deadline:We Stand By January 31st-Emefiele

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The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, says the January 31 deadline to stop the circulation of old Naira notes remains.

Mr Emefiele gave the clarification on Tuesday in Abuja, after the Monetary Policy Committee, MPC, meeting of the apex bank.

According to him, the 90 days window given by the CBN for Nigerians to deposit their old currencies was enough.

“We called on the Deposit Money Banks (DMBs) to extend their working hours, and to work on weekends.

“There is no reason to talk about a shift. The new currencies are available,” he said.

Mr Emefiele said that the apex bank had mandated the DMBs to feed the new notes into their Automated Teller Machines, ATMs, for Nigerians to have equal access.

“We have increased disbursement of the new notes to them. There is adequate quantity of new notes available.

“Our mint is producing and we are supplying the banks. We have super agents in underserved areas like riverine communities, and CBN staff members have been out on mobilisation.

“We believe that by Jan. 31, the new naira notes would have permeated the nooks and crannies of the country,” he said.

He said that the CBN had so far received about N1.5 trillion of the old Naira notes.

He urged Nigerians to accelerate the process of taking their old notes to the banks before the deadline, adding that they should not fear harassment for security agents.

“We have begged the EFCC and the ICPC to allow Nigerians to deposit their old Naira notes,” he said.

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NNPC Ltd Clarifies Lagos Depot Fire Incident

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The Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to clarify that the fire incident at a tank farm in Marine Beach, Apapa, Lagos, was at a depot belonging to HOGL Energy Ltd (Honeywell Depot), and not an NNPC Retail Ltd.’s facility as circulated by early responders.

The fire, which has since been extinguished, was as a result of petroleum products spillage within the perimeter of the tank farm.

Meanwhile, NNPC Ltd and other depots in the area have resumed loading activities.
NNPC assures that the incident will, in no way, affect petroleum products supply and distribution across the country.

This was contained in a statement signed by Chief Corporate Communications Officer NNPC Ltd Olufemi O Soneye in
Abuja

 

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Frontfoot Media to host its 5th Media Audit Reporting workshop in Gombe

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By Asile Abel,Jos

FrontFoot Media Initiative has concluded plans to hold the fifth edition of its Audit Reporting Training programme for journalists to be hosted in Gombe State.

Statement by the Front Foot Media Initiative Training Coordinator Mr Chido Nwakanma said previous trainings were held in Benin, Awka, Abuja, and Lagos state.

He added that, FrontFoot Media Initiative will hold the training under the auspices of the Wole Soyinka Centre for Investigative Journalism and the sponsorship of the MacArthur Foundation.

Mr Emeka Izeze, a director of FrontFoot Media, said “The Gombe programme will feature participants not only from Gombe but also from the neighbouring states of Adamawa, Bauchi, Plateau, and Taraba, a testament to the inclusivity and reach of Front Foot’s training initiatives. We look forward to training about 40 media personnel, each of whom plays a crucial role in our media landscape.”

Adding to the statement, Gombe State Governor, Muhammed Inuwa Yahaya would address participants in line with his agenda of openness and accountability.

Frontfoot Media Initiative also announced that Mr Ismaila Zakari, a past President of the Institute of Chartered Accountants of Nigeria, an Internal Auditor of Premium Pensions Abuja, and an ICAN Fellow, will lead the training supported by Mr Yusuf Doma, a Fellow of ICAN and Internal Auditor at Premium Pensions Abuja. Their expertise and guidance will ensure a high-quality learning experience for all participants.

The media and capacity building NGO described the programme as “a flagship capacity development programme of FrontFoot Media Initiative. It is a Collaborative Media Engagement for Development Inclusivity and Accountability project.

“In this effort, FrontFoot teams, accompanied by experts in the field, work in pre-selected states where they conduct free training for journalists. Participants learn how and where to locate the relevant reports, interpret the material, and write engaging news stories and features that enlighten, stimulate, and empower the electorate, and discourage impunity.” the statement added.

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Babangida’s Military Contemporary, Lt. General Garba Duba, Passes On at 82

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A military contemporary of Nigeria’s former military President, Lieutenant General Garba Duba, has died.

General Garba Duba died at the age of 82. A native of Kontagora, Niger State, Duba held several positions during his military career, including serving as Governor of Bauchi State in 1978 and as Governor of Sokoto State during Buhari’s regime.

An impeccable source told NIGERIAN TRACKER that the funeral prayer for the late Duba was held today, Friday, after Jumuat prayer at the National Mosque in Abuja.

Governor Muhammad Umar Bago of Niger State and legislators from the state attended the funeral prayer.

He joined the army as a Cadet Officer at the Nigerian Military Training College Zaria in 1962, presumably a course mate of Ibrahim Babangida. At the beginning of his career, he was at the Indian Military Academy. Duba was one of the northern officers who participated in the Nigerian counter-coup of 1966 which led to the death of General Johnson Aguiyi-Ironsi. During the Nigeria Civil War, he was a Captain, commanding a squadron of armored vehicles. As military governor of Bauchi state, he provided infrastructure in the form of residential accommodation and offices, including secretariats for the newly-created 16 local government areas.

In 1993, he retired from the military and went into private businesses where he held positions like chairman, New Nigerian Development Company (NNDC), chairman of SGI Nigeria Limited, director in First Bank of Nigeria, non-executive director of Honeywell Flour Mills Plc and chairman of the board of Leadway pension fund.

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