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Naira Will Appreciate Soon, Dump Your Dollars To Avoid Tears — Presidency To Forex Speculators

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Bayo Onanuga, Special Adviser to President Bola Ahmed Tinubu on Information and Strategy, has disclosed that the Naira will appreciate soon, warning forex speculators to quickly dump their dollars to avoid sorrows and tears.

Onanuga stated this on his X handle, while reacting to the disclosure of the Central Bank of Nigeria (CBN) that it had cleared the $7 billion foreign exchange backlog inherited by Governor Yemi Cardoso.

“With backlog FX settled, Naira is set to appreciate further, faster. Currency speculators should quickly dump their stock of dollars to avoid sorrows and tears,” he wrote.

Recall that in a statement on Wednesday, CBN’s Acting Director of Corporate Communications, Mrs Hakama Sidi Ali, confirmed the settlement of all valid FX backlog claims.

Ali said the apex bank employed Deloitte Consulting, an independent auditing firm, to meticulously assess the transactions, ensuring that only legitimate claims were honoured.

“Any invalid transactions were referred to the relevant authorities for further investigation,” she stated.

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Portable Jumps Gate In Failed Attempt To Evade Police Arrest Over Unpaid N14million Debt [VIDEOS]

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Popular Nigerian singer, Portable, was on Tuesday arrested by the Lagos state police command for allegedly failing to pay the debt he incurred after purchasing his G-Wagon from a car dealer.

The ‘Zazoo Zeh’ hitmaker was said to have bought the vehicle worth N27 million but paid only N13 million.

Portable allegedly refused to pay the remaining N14 million and whenever the car dealer requested his money, he always claimed the vehicle was having issues.

Before he was taken to the station, the singer had attempted to evade arrest.

In a now-viral video, Portable and some police officers were seen in front of a building. Shortly after Portable was shown his arrest warrant, the singer tried to evade arrest by jumping over the gate.

Benjamin Hundeyin, the state police spokesperson, confirmed Portable’s arrest, stating that operatives went after him, after which he was arrested and taken into custody.

This is not the first time the police have arrested Portable. In March last year, the Ogun police arrested the singer over alleged assault.

The arrest came after the expiration of the 72-hour ultimatum given to him to turn himself in.

The singer previously resisted attempts by the police to arrest him and also referred to himself as “a federal government liability”.

Portable gained fame in December 2021 with the release of ‘Zazoo Zeh’, his hit single featuring Olamide and Poco Lee.

He has also produced hit tracks including ‘All Eyes On Me’, ‘Clear Azaman’, ‘Neighbour’, and ‘Ogo Forever’.

The singer is known for making headlines over controversial reasons.

He recently collaborated with Skepta, the British rapper, on ‘Tony Montana’.

Portable also recently said fashion was his “profession” before venturing into music. He revealed that he is still a fashion designer and “combines” the profession with his music career.

 

Watch videos below, credit: LindaIkeji/Maxxyblo

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JUST IN: President Tinubu, Shettima, Governors, Other VIPs To Pay Toll At Airports

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As part of the Federal Government drive to boost its revenue, the Federal Executive Council (FEC) has mandated that President Bola Tinubu, Vice President, Kashim Shettima, Governors and other dignitaries henceforth pay the required fees at tollgates whenever they use the nation’s airports.

The approval was made days after it was revealed that at least 82 percent of airport tollgate revenue is lost through non-paying Very Important Personalities (VIPs).

 

More to come…

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How Content Creator Was Shot Dead On Set In Abuja Over N2,000

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A fast-rising Nigerian content creator, Chidike Emmanuel, has been murdered by gunmen in Mpape, Abuja.

It was gathered that the skit maker was among six persons attacked by the gunmen last Saturday in the federal capital territory.

According to The Cable, source familiar with the incident said that Emmanuel was killed at the location of a project he was supposed to feature in.

The insider disclosed that the gunmen initially demanded money in order to allow them to shoot at the location.

The content creator was said to have given the armed men N2,000. However, what transpired that led to the shooting of the cast members remains unknown.

It was gathered some of the cast members who ran for safety suffered injuries.

Some users close to Emmanuel took to X to mourn the deceased while demanding justice.

“Chidike Emmanuel Obinna I have known you since 2018 You are such a calm and kind soul You couldn’t attend my wedding because you were far away but you sent me your gift #Justiceforchidi,” Helen wrote.

On her part, Rakeli added: “Obinna Chidike Emmanuel, please don’t die please. Pick my calls, reply my chat and tell me all that I am hearing is a lie. Biko I am loosing my mind”.

Efforts to reach Josephine Adeh, the FCT police spokesperson, to comment on the matter have been abortive.

Calls and messages to Adeh’s phone have not been responded to, as of the time of this report.

The development comes a few weeks after Junior Pope passed away after a boat accident on the River Niger in Asaba, Delta state.

The actor and some crew members were heading to a movie location when the boat accident occurred.

His family disclosed that the actor’s final rites will be held on May 17.

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