Connect with us

BIG STORY

Nnamdi Kanu Calls For Calm As He Appears In Court Today

Published

on

Nnamdi Kanu, the leader of the Indigenous People of Biafra, has ahead of the case coming up on Tuesday (today) before Justice Binta Nyako of a Federal High Court in Abuja, called on his supporters to “maintain absolute civility in their conduct, as has always been demonstrated.”

The IPOB leader, who is standing trial over alleged terrorism, also said he was fully prepared for the court appearance as he was in good spirits.

Kanu’s lawyer and leader of his legal team, Ifeanyi Ejiofor, disclosed these in a statement issued on Monday after a routine visit to his client in the headquarters of the Department of State Services.

He wrote, “We conducted our routine court-ordered visit to our indefatigable client – Onyendu Mazi Nnamdi Kanu at the DSS headquarters.   Today’s visit was unique because it was basically to harmonize the final legal strategy for tomorrow’s outing. Onyendu is fully prepared for his court appearance tomorrow, and he is in good spirits. We are confident that justice will be done tomorrow too.

“Onyendu thanked millions of his supporters and Umuchineke for standing shoulder to shoulder with him thus far. However, Onyendu is particularly worried over the continued incarceration of Mrs. Ukamaka Ejezie (Mama Biafra), whose only offense was daring to be in Abuja in solidarity with him.

“The legal team is aggressively exploring all permissible legal frameworks to ensure Mama Biafra’s release. As you may be aware, the court has fixed July 20, 2022, for a definite hearing of the application we filed for her release.

“May we respectfully use this medium to appeal to Onyendu’s followers, supporters, and well-wishers, who intend coming to court tomorrow in solidarity with Onyendu to please maintain absolute civility in their conduct, as have always demonstrated.”

BIG STORY

BREAKING: CBN Raises Interest Rate To 26.75% Amid Soaring Inflation

Published

on

The Central Bank of Nigeria (CBN) has once again increased the Monetary Policy Rate (MPR), a key indicator of interest rates, by 50 basis points.

The MPR has risen from 26.25% to 26.75%, a move aimed at tackling the escalating inflation and surging food prices in the country.

CBN Governor, Olayemi Cardoso, made the announcement following the 296th Monetary Policy Committee (MPC) meeting held at the apex bank’s headquarters in Abuja on Tuesday.

This decision reflects the CBN’s efforts to curb the rising cost of living and stabilize the economy, as inflation continues to pose a significant challenge to the country’s economic growth.

 

More to come…

Continue Reading

BIG STORY

JUST IN: Senate Passes Minimum Wage Bill In Record Time

Published

on

The Senate has successfully passed the new minimum wage bill through its third reading, marking a significant milestone in the legislative process.

In a swift sequence of events on Tuesday, the bill underwent its first reading, which was prompted by President Bola Tinubu’s request, followed by its second reading, which entailed a debate on the general principles of the bill.

The third reading, which took place within the same hour, solidified the bill’s progress.

The legislation aims to increase the country’s minimum wage from N30,000 to N70,000, a significant adjustment intended to benefit Nigerian workers. During the debate on the bill, Opeyemi Bamidele, the Senate’s majority leader, revealed that the agreed-upon figure of N70,000 was the result of thorough negotiations among all parties involved.

This consensus underscores the collaborative effort to ensure a fair and reasonable minimum wage for the country’s workforce.

“This is part of the federal government’s short term measure to mitigate the situation in the country,” Bamidele said.

On his part, Tahir Monguno, chief whip, said there is a need to review the minimum wage in line with economic realities.

“The review of the minimum wage used to be after every five years. It is now every three years,” Monguno said.

“There is a need to review it and bring it in tandem with the realities of society.”

Thereafter, the senate dissolved into the “committee of the whole” to approve clauses of the bill.

Last week, Tinubu asked the national assembly to increase the 2024 appropriation Act by N6.2 trillion.

The president said N3.2 trillion is for infrastructure projects and N3 trillion for recurrent expenditure.

Defending the president’s request before the house of representatives committee on appropriations on Monday, Atiku Bagudu, minister of budget and economic planning, said the N3 trillion is intended to cover the new national minimum wage.

Continue Reading

BIG STORY

President Tinubu Writes Reps To Amend Police Act, IGP Tenure

Published

on

Nigeria’s President, Asiwaju Bola Ahmed Tinubu, on Tuesday forwarded the Police Act Amendment Bill to the House of Representatives.

The proposed bill aims to modify the tenure of the Inspector General of Police (IGP), a development that comes after the police force denied allegations earlier in July.

The allegations claimed that the current IGP, Kayode Egbetokun, attempted to influence the National Assembly to pass a bill that would increase the retirement age of police officers.

IGP Egbetokun was appointed by the President in June 2023, with a tenure of four years. His appointment was part of a broader shake-up in the security leadership, which saw the President appoint four new service chiefs alongside Egbetokun.

The proposed bill’s implications on Egbetokun’s tenure and the police force’s leadership structure remain to be seen.

According to Section 18(8) of the Police Act 2020, Egbetokun, who was born on September 4, 1964, is expected to retire in September 2024, when he will be 60 years old.

He would only have been in office for one year and three months by September, with two years and nine months remaining of his four-year appointment.

The controversy about the tenure of IGP didn’t start with the current police boss. That of Egbetokun’s predecessor, Usman Baba, was not in any way different. Baba clocked 60 years old in March 2023 and attained the mandatory 35 years of service but he remained in office till Tinubu appointed Egbetokun as his replacement three months after.

Continue Reading

Most Popular