1. Nationwide Outcry Over Insecurity: Stakeholders Unite to Urge Federal Action
On Thursday, Nigeria witnessed a surge in public outrage over the escalating insecurity, with various stakeholders calling on the Federal Government to take decisive action against kidnappers.
Key voices in this demand included the Supreme Council for Sharia, South-South governors, residents of affected communities, and the National Association of Nigeria Students.
2. Global Commitment to Nature Positivity vs. Nigerian Dilemma: Illegal Mining Menace Post-Ibadan Explosion
As global mining and metals companies gathered at the World Economic Forum in Davos to pledge urgent action for a nature-positive future by 2030, Nigerian national and sub-national governments find themselves grappling with the aftermath of Tuesday’s explosion in Ibadan, Oyo State. The incident has raised concerns about the regulation of the mining sector and the menace of illegal mining.
3. Fuel Subsidy Removal Impact: Tinubu Acknowledges Tough Times but Promises a Bright Future
President Bola Tinubu acknowledged the widespread impact of the removal of fuel subsidy, describing it as challenging for Nigerians.
He recognized its effects on various sectors, including education, but assured the nation that the future remained promising despite the current hardships.
4. Legal Woes for Former CBN Governor: Godwin Emefiele Charged With Obtaining $6.23 Million by False Pretence
In a significant development, the Federal Government has leveled charges against former Central Bank of Nigeria (CBN) Governor Godwin Emefiele.
The amended charge, dated January 17 and filed by Rotimi Oyedepo (SAN) on behalf of the Attorney-General of the Federation (AGF), accuses Emefiele of criminal breach of trust, forgery, conspiracy to obtain by false pretence, and obtaining money by false pretence.
5. Naira’s Persistent Decline: Hits N1,355 Against US Dollar at Black Market
Nigeria’s currency, the naira, continues its downward spiral against the US dollar, reaching N1,355 at the black market on Thursday.
This marks a concerning trend, persisting for five months since the dollar first surpassed the N1,000 mark in the black market, indicating ongoing economic challenges.
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