To Stem Food Inflation, Achieve Price Stability, CBN Gifts N100bn Fertilisers to Farmers
Kyari, Bagudu hail Cardoso’s intervention FG announces commencement of distribution of 42,000 tons of grains in N’West To raise $2bn to connect 774 LGAs through fibre optics Deji Elumoye and James Emejo in Abuja The Governor of Central Bank of
Nigeria (CBN), Mr. Olayemi Cardoso, yesterday announced the allocation of 2.15 million bags of fertiliser, worth over N100 billion to the Federal
Ministry of Agriculture and Food Security for disbursement to farmers to enhance agricultural production in the country.
Cardoso said the donation was part of the apex bank’s contribution towards amplifying food production capabilities as well as fostering price
stabilisation within the agricultural sector amid high food inflation. In its Consumer Price Index (CPI) which measures the rate of change in
prices of goods and commodities, the National Bureau of Statistics (NBS) Continued on page 10
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Report: Nigeria Plans to Issue Eurobonds by June, Eyes $1bn External Borrowing... Page 8
FG Directs Immediate Opening of Nigeria's Land, Air Borders with Niger Republic
Lifts other sanctions including travel bans on govt officials, family members Approves lifting of economic, financial sanctions against Republic of Guinea
Deji Elumoye in Abuja
President Bola Tinubu has directed
the opening of Nigeria's land and air borders with the Republic of Niger as well as the lifting of other
sanctions against the country with immediate effect. The latest directive, according to
a statement issued yesterday, by presidential spokesperson, Ajuri Ngelale, was in compliance with the
decisions of the ECOWAS Authority of Heads of State and Government at its last extraordinary summit on
February 24, 2024, in Abuja. Continued on page 10
Tinubu: No More Ransom Payments to Kidnappers, Reads Riot Act to Security Agencies Govt reviewing US, others' offer to help Wike assures of better protection in FCT
Deji Elumoye and Olawale Ajimotokan in Abuja President Bola Tinubu has, again, directed that on no condition should ransom be paid by government to kidnappers, bandits or other criminal elements for the release of their victims, as he read the country’s security agencies the riot act following incessant kidnap incidents. Minister of Information and National Orientation, Mohammed Idris, revealed the directive yesterday in Abuja while briefing newsmen at the end of the Federal Executive Council (FEC) meeting, chaired by Tinubu at the State House. The federal government also said it was still reviewing offers from the United States and other countries to help in rescue missions, saying it would disclose its decision soon. The comments came as Minister of the Federal Capital Territory (FCT), Nyesom Wike, assured residents of improved security, including reduction in cases of kidnapping, Continued on page 10
Abiru is new leader of the Southern Senators Forum...
L-R: Spokesman, Southern Senators Forum, Senator Asuquo Ekpenyong; Treasurer of the Forum, Senator Eze Emeka; Vice Chairman, Senate Committee on Defence, Senator Thomas Joel-Onowakpo; Chairman of the forum, Senator Adetokunbo Abiru; Leader of the Senate, Senator Opeyemi Bamidele; Chairman, Senate Committee on Appropriations, Senator Solomon Adeola and Vice Chairman, Senate Committee on Works, Senator Barinada Mpigi congratulating Abiru as the new leader of the forum at the Senate Complex, Abuja … yesterday
10 Years After, Aig-Imoukhuede Returns as Access Holdings’ Non-Executive Chairman... Page 5