Report: Emefiele’s Removal Smacked of Political Revenge Says Nigeria’s economic reforms need to regain momentum Ejiofor Alike
Emefiele, was removed from office was odd and smacked of political revenge. Emefiele was initially arrested over allegations of illegal possession of firearms.
The Financial Times (FT) of London has stated that the manner in which the former Governor of Central Bank of Nigeria (CBN), Mr. Godwin
In an editorial published recently, FT noted that on assumption of office, President Bola Tinubu had moved quickly to raise expectations. The report, however, pointed out that four months into
Tinubu’s administration, Nigerian economic reforms needed to regain momentum as there are signs of things going awry. According to the report, Tinubu started off with a bang.
“In removing a costly fuel subsidy and in shifting towards a market-driven exchange rate, which has sharply weakened a previously overvalued currency, he has gone some way towards
persuading investors he is serious about reform. But four months into his presidency, there are signs of things going awry,” the report said. Continued on page 5
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Wabote: Divestment of Assets by IOCs Hurting FG’s Tax Revenues… Page 6
Floods Loom in Adamawa, Bayelsa, Kogi, Six Others as Cameroonian Dam Releases Water NEMA urges states along rivers Niger and Benue to activate emergency response plans
Kuni Tyessi in Abuja The
National
Emergency
Management Agency (NEMA) has alerted Nigerians to expect floods as Cameroonian authorities
release water from the Lagdo Dam. The agency noted that nine states could be affected by the recent
release of water from the dam, which is expected to last till the end of this month.
This was disclosed yesterday by the Director General of NEMA, Mustapha Ahmed, during an
emergency meeting where he Continued on page 5
At Supreme Court, Atiku Files Fresh Evidence, Seeks Tinubu’s Disqualification Says CSU disclaimed certificate president submitted to INEC Urges apex court to accept new evidence Alex Enumah in Abuja The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has filed what he termed as fresh evidence against President Bola Tinubu at the Supreme Court. The former vice president, who has also urged the Supreme Court to accept the new evidence, specifically sought the leave of the apex court to tender Tinubu’s academic records, which he said were handed over to him by the Chicago State University (CSU) on October 2, 2023. In a motion, he filed through his team of lawyers led by Chief Chris Uche (SAN), the PDP presidential candidate said the evidence he is seeking to tender before the court would establish his allegations that Tinubu submitted forged documents to the Independent National Electoral Commission (INEC), in aid of his qualification to participate in the presidential election. Continued on page 5
THEIR EXCELLENCIES… Bayelsa State Governor, Senator Douye Diri (left), and his Delta State counterpart, Hon. Sheriff Oborevwori, acknowledging cheers from supporters at the inauguration of some projects in Yenegoa…yesterday