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Emefiele denies plotting against Tinubu, says is ‘false and malicious news’

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Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has described as “false and malicious” reports that he was plotting against Bola Tinubu, the president-elect.

He was said to be plotting with a “billionaire retired general” from the north and allegedly provided funds to Gbadebo Rhodes-Vivor, the governorship candidate of the Labour Party in Lagos state, to enable him defeat Babajide Sanwo-Olu, the incumbent, in Saturday’s election.

But in a statement issued on Monday, Isa Abdulmumin, CBN’s acting director of corporate communications, said Emefiele “has never met or even spoke with Mr Gbadebo Rhodes Vivour”.

“The attention of the Central Bank of Nigeria (CBN) has been drawn to a story alleging that the Governor, Mr Godwin Emefiele has launched a ‘fresh plot against President-elect’. The aforementioned story went further to allege that the Governor has made certain amount of money available to a political aspirant ahead of March 18, 2023 gubernatorial poll,” Abdulmumin said.

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“We wish to inform members of the public that this story is completely false and malicious as the Governor does not know and has never met or even spoke with Mr Gbadebo Rhodes Vivour either in person or through proxy.

“We wish to reiterate that the CBN Governor does not take part in Politics and therefore urge anyone with contrary information to prove the Governor wrong should provide such facts.

“As such the Governor and team at the CBN should be allowed to focus on their assigned job with a view to achieving statutory mandates of the Bank.”

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BREAKING: Military, civil servants to experience delay in May salaries

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Nigerian civil servants under the employment of the Federal Government will experience a delay in the payment of May 2023 salaries, according to a report by The PUNCH.

It was gathered that this was because Ministries, Departments and Agencies were yet to get debit approval from the Central Bank of Nigeria.

Earlier, some civil servants in separate interviews with our correspondent noted that their salaries for May 2023 have not been paid.

In a memo addressed to workers of the Federal Airports Authority of Nigeria, the authority noted that the delay in the payment of workers was peculiar to all workers including the military and para-military.

The memo, signed by its acting General Manager, Administration, Oluwasola Awe partly reads, “This is to inform all staff that Management has uploaded salaries and is awaiting debit at the Central Bank of Nigeria. However, FAAN have been advised that the payment of May 2023 salary would be delayed beyond the normal cycle due to glitches from the CBN’s portal.

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“Please note that this situation is not peculiar to FAN alone as other MD’s including the Military and Paramilitary agencies are experiencing the same delay. Management appreciates your co-cooperation and understanding in this regard.”

Confirming the development, a source in the Office of the Head of Civil Service of the Federation said, “Yes, it is true. There is an order freezing accounts of MDAs from above. That’s why the CBN could not debit accounts and this delayed the payment of salaries.”

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Subsidy: FG, NLC meeting ends in deadlock

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The meeting between the Federal Government and the Nigerian Labour Congress (NLC) over fuel subsidy removal has ended without a consensus.

The meeting began around 4pm on Wednesday at the Presidential Villa.

Representatives of the Federal Government, including Dele Alake, the spokesperson for President Bola Tinubu; and the Group CEO of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari.

Others government officials present were the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele; former Edo State Governor Adams Oshiomhole.

The Organised Labour was represented by the NLC National President, Joe Ajaero; and the President of the Trade Union Congress of Nigeria (TUC), Festus Osifo.

After several hours of meeting with the Federal Government, the NLC demanded that the Federal Government return to status quo by reversing the price of fuel before resuming negotiations with the NLC.

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The National President of the Nigeria Labour Congress, Joe Ajaero, who criticised the removal of subsidy stated that statusquo returns before any formal engagement with the NLC to protect the Nigerian workforce and proffer additional solutions.

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The NLC insisted that the Federal Government did not enter into any conversation even on palliative measures for Nigerians, hence the rejection of the latest announcement.

The union said it had decided to reconvene with its members to determine the next line of action.

Conversely, Alake described the meeting as robust, adding that talks would continue. He expressed hope that the parties would reach a reasonable conclusion at its next adjourned meeting.

‘Fuel Subsidy Is Gone’
On Monday during his inaugural speech at the Eagle Square in Abuja, President Bola Tinubu said the era of subsidy payment on fuel has ended, adding that with the 2023 budget making no provision for fuel subsidy, further payment was no longer justifiable.

“The fuel subsidy is gone,” Tinubu said. His government would instead channel funds into infrastructure and other areas to strengthen the economy, he added.

The Nigerian National Petroleum Company Limited (NNPCL) and House Of Representatives have since backed Tinubu’s decision.

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However, the Trade Union Congress of Nigeria (TUC) argued the President could not unilaterally take a decision on subsidy removal, saying there was a reason the immediate past administration of Muhammadu Buhari pushed the “sensitive issue” to the new government.

Fuel queues have since resurfaced across the country since the presidential pronouncement as Nigerians forage for the premium product.

‘Tears And Sorrow’
Ajaero, on Tuesday, kicked against Tinubu’s announcement confirming the removal of fuel subsidy.

The NLC president described the development as not well planned, saying Nigerians feel betrayed by the move.

“By his insensitive decision, President Tinubu on his inauguration day brought tears and sorrow to millions of Nigerians instead of hope. He equally devalued the quality of their lives by over 300 per cent and counting,” he said in a statement.

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NPCL increases official fuel pump price to N537 per litre

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The Nigerian National Petroleum Company Limited (NNPCL) has jerked up pump prices of petrol, also known as Premium Motor Spirit (PMS) from N195 per litre to 537 per litre.

According to a new price template disclosed by NNPLC on Wednesday, Lagos State has the least price of N488 per litre, while Maiduguri and Damaturu have the highest pump prices of N577 per litre.

DAILY POST gathered on Wednesday that most filling stations in the nation’s capital, Abuja, had adjusted to the new pump price.

 

Similarly, pump prices had been adjusted across States.

For instance, in Benue State, the fuel price had been adjusted to N537 per litre.

The price adjustment represents an over 200 per cent increase.

The implication is that nearly all prices of goods and services would drastically increase.

 
 
 
 
 
 
 

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