News Nigeria

The Central Bank of Nigeria (CBN) has denied plans to re-denominate the naira, saying, the statement credited to it on the various social media platforms is fake. Messages making the rounds on social media platforms such as WhatsApp and Facebook claim that the CBN plans to introduce a new naira policy that will see the naira being redenominated. According to the message, the redenomination process will take place by dropping two zeros from the currency or moving two decimal places to the left. The message read, “The name of the national currency will still be the Naira. However, during the transition period, the existing Naira will be referred to as the “Old Naira”, and the new one to be called the “New Naira”. After the transition period, the word “New” may be dropped. For example, the following equivalents will obtain as we re-denominate: “50 kobo Half kobo; N1 = 1 kobo coin; N2 = 2 kobo coin; N5 = 5 kobo coin; N10 = 10 kobo coin; N20 = 20 kobo coin; N50 = 50 kobo coin or

The management of the Yola  Electricity Distribution Company, YEDC was at the Government House, Jalingo to condole with the Governor of Taraba State Dr Agbu Kefas over the death of a family of four who were electrocuted. Receiving the management on behalf of the Governor, the Deputy Governor, Alhaji Aminu Abdullahi Alkali, commended the company for the steps taken so far on the sad development and urged them to expedite action on compensation to the bereaved families. The Deputy Governor said the state will continue to partner with the company for constant electricity supply for the economic development of the state. He urged the company to look into the complaint of over-billing from the masses and adjust their charges in the interest of the people. On his part in his remarks, the representative of the Chairman of YEDC Siraj Abdullahi, told the Governor that they were in the government house to identify with the Governor over the recent sad occurrence. He said an investiga

Z Protocol Gentlemen of the Press, Fellow Citizens of the Federal Republic of Nigeria, I consider it important to address and report to you today on issues that define the future of elective government and legitimate leadership in our country. Political leadership and active citizenship matter because they are ways through which we all work together to build a country that works for all who live in it. Our country is bigger than any of us, and its standing in the world affects the fate of all who come from or live in it. As leaders, it is our duty to advance the well-being of all our people and of the country. For this purpose, my generation worked hard to return the soldiers to the barracks and to defend the right of the people to elect and establish for ourselves a legitimate government. Our elections are established and governed by law and founded on the constitution from which leadership and government in Nigeria alone derive their legitimacy. The people look up to us a

Taraba State Independent Electoral Commision (TSIEC) Announces 18th Nov, 2023 for Local Government Council Election: September 17, 2023 The Taraba State Independent Electoral Commission (TSIEC) has today 11th September, 2023, has officially announced 18th Nov, 2023 for the Taraba State Local Government Council Election for Chairman and Councillors elections across the 16 Local Government Areas. Speaking in an interview with the Executive Chairman of the Commission in his office Jalingo after an interactive session with relevant Political & other Stakeholders on the forthcoming Local Government Council Election, Chief Dr. Philip Danladi Duwe, confirmed that, the 18th Nov, 2023 is the officially approved date of the TSIEC for the Taraba State Local Government Council Election in the State. And that, all necessary processes to have the elections materials are put in place as the governor is so committed in supporting and ensuring a free and fair elections in the state. Also Speaking

The Transmission Company of Nigeria (TCN) has said that the national grid restoration nationwide was in progress and has reached advanced stages. This, it said, has now led to power supply in the West, North-Central, South, East, and a large portion of the Northern parts of the country on Thursday afternoon. Statement signed by the TCN General Manager, Public Affairs, Ndidi Mbah, said the power supply restoration was sequel to the earlier total grid collapse, which occurred at about 12.35am on Thursday, causing outage nationwide, after over 421 days of consistent grid stability. “In the course of the grid restoration, the process initially suffered a setback; this does not amount to another collapse. In the course of any grid restoration process, challenges may be encountered. This happened today while the grid restoration was in progress, but it was promptly addressed. It would be recalled that the last total system collapse recorded was on 20th July 2022, and since then, to the 13th

President Bola Ahmed Tinubu and President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, on Monday in Abu Dhabi, have finalized a historic agreement, which has resulted in the immediate cessation of the visa ban placed on Nigerian travelers. In a statement issued by Ajuri Ngelali, the senior special assistant to the president on media and publicity said, by this historic agreement, both Etihad Airlines and Emirates Airlines are to immediately resume flight schedules into and out of Nigeria, without any further delay.  As negotiated between the two Heads of State, this immediate restoration of flight activity, through these two airlines and between the two countries, does not involve any immediate payment by the Nigerian government. In recognition of President Tinubu's economic development diplomacy drive and proposals today presented by President Tinubu to his counterpart, an agreed framework has been established, which will involve several billions of U.S. d