Shoppers Defy Cost-of-Living Crisis, Throng Markets Ahead of Yuletide Sunday Ehigiator
Despite the lingering cost-of-living crisis in the country, shoppers are
flooding markets and shopping centres, in preparation for the yuletide season. THISDAY's findings revealed
that Nigerians are undeterred by economic challenges as they stock up on festive essentials. The yuletide season, traditionally a time
of increased spending, has seen Nigerians defy current economic odds, splurging on gifts, decorations, and festive essentials. Owners of
market stalls and stores reported brisk sales, with traders optimistic about a bumper holiday season. From popular markets like
24 Persons That Shaped Nigeria in 2024...
Balogun in Lagos to shopping malls in Abuja, traders and Continued on page 5
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Saturday December 14, 2024 Vol 29. No 10842
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FAAC Shares N1.727 Trillion to FG, States LGs...
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Appeal Court Upturns Judgement Stopping Release of Federal Allocations to Rivers State Alex Enumah in Abuja
The Court of Appeal in Abuja, yesterday upturned the judgement of a Federal High Court that
stopped the release of federal monthly allocations from the consolidated funds to the Rivers State Government. A three-member panel of the
appellate court in a judgement, held that the trial court in the first instance lacked the necessary jurisdiction to entertain the suit asking it to withhold funds accruing
to the state on grounds that the 2024 appropriation was yet to be presented before the Rivers State House of Assembly. Justice Joyce Abdulmalik had in
her judgement delivered on October 30, restrained the Central Bank of Nigeria (CBN) and the Accountant General of the Federation, from releasing funds to the Rivers State
Government on alleged constitutional breach. According to the judge, the current
Continued on page 5
CDS: We Need Equipment to Fight Terrorists, Others, Not Mercenaries
Reveals Nigerian military has started assembling armoured personnel carriers Reiterates support for democratic govt
Linus Aleke in Abuja
The Chief of Defence Staff (CDS), Gen Christopher Musa yesterday once more ruled out the need for mercenaries to support the Armed Forces of Nigeria (AFN) in the fight against terrorists and criminal groups in the country. Musa who stated this during an interview monitored on ARISE News Channel yesterday, also revealed that Nigerian military has started assembling its own Armoured Personnel Carriers (APC). He stressed the need for the federal government to provide modern and sophisticated military hardware to the AFN in order to win the war against terrorism and other emerging security threats confronting the nation. Furthermore, he pointed out that Nigeria was stabilising the West Africa sub-region and the Sahel, as it had always done. Continued on page 5
COURTESY VISIT TO DAURA...
L-R: District Head of Dumurko, Katsina State, Alhaji Musa Haro; Ooni of Ife, Adeyeye Enitan Babatunde Ogunwusi Ojaja II; Former President Muhammadu Buhari; former Presidential aide, Mr. Tunde Shaibu and former Minister of Labour and Productivity, Amb. Ibrahim Kazaure, during the traditional ruler’s two- day private visit to Buhari in Daura, Katsina State…recently
Alleged N80bn Fraud: Court Grants Yahaya Bello N500m Bail...
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