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CBN GOVERNOR TO YOUTHS: “Don’t leave Nigeria.”

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The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has urged Nigerians, particularly the youth, not to leave the country.

He reassured them that the central bank is working towards creating an economy where everyone and every business can succeed.

Cardoso made this appeal during his keynote address at the 59th Annual Bankers Dinner of the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos.

He emphasized that leaving the country at this time is not advisable for two key reasons. First, those who decide to leave may be forced to sell their assets at low prices, which could be easily taken advantage of by external investors seeking bargains.

Second, he urged Nigerians to be part of the solution to the country’s challenges, as the nation needs collective effort to overcome them.

Highlighting the numerous opportunities in the market, he noted that there has been growing interest in Nigeria, especially over the past year and six months.

Despite acknowledging the tough impact of the reforms on Nigerians, Cardoso stressed that these changes are designed to address current challenges while positioning the country for a prosperous future, ensuring that everyone can thrive in the long run.

“It is not a good idea to japa at this stage.

“Two reasons. One, those who may decide they are going to do that, they will sell and get rid of their assets.

“You’ll be doing it for cheap. Predators, who are outside looking for bargains, will come and take it and pocket it, put it in their pocket and wait for the turnaround and sell it away.

“Number two, you want to be part of the solution. You want to be part of the solution, and this is time that we need all hands on them.

There are opportunities in the market today, which I must say, from my experience over the past year and also for the past six months, a lot of interest from the outside in what is going on in Nigeria

“In taking positions in certain assets, so they see the opportunity, and we, who are here, should be part of the solution for the better things which will come.”

“We are building an economy where every individual, every business, and every community can thrive.

“This vision will not be achieved by one institution alone. It requires all of us — banks, regulators, businesses, and citizens — to work together with steadfast resolve”

 

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Imo State Government bans all forms of task force in the state

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His Excellency the Governor of Imo State, Dist. Sen.  (Dr) Hope Uzodinma, CON, GSSRS, has approved the ban on all forms of task force currently operating under any guise or MDA in the state.

Ekwutosblog reports that in a Public Service Announcement issued by the Secretary to the State Government the public is advised to be guided accordingly,  subsequently.

The ban on task force in the state has become necessary following their incessant activities which has constituted nuisances to the general public and paints the image of the government in bad light.

Following the approval of His Excellency, on this issue, Government therefore warns that anyone or group of persons operating as task force under any guise will be apprehended by security operatives who have been directed to get rid of all forms of task force in the State and such culprits would be made to face the full weight of Law.

I.A OGUZIE Npom Fcal
For secretary to the State Government.

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One dead, three injured in Jos Sara-Suka fight

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One person was killed, and three others sustained injuries in a violent clash between rival groups known as Sara-Suka in the Yantifa community of Jos North Local Government Area, Plateau State.

According to residents, members of the rival gangs, armed with machetes, attacked one another on Tuesday evening, causing panic and forcing people to flee.

A local vigilante, Lawan Chizo, confirmed the incident and said security forces, including soldiers, were deployed to restore order.

He noted that the clash involved members of the Sara-Suka groups from Anguwan Rogo and Yantifa, who have been engaged in ongoing conflicts.

“There is still fear among residents, but normalcy has been restored,” Chizo stated.

In response to the violence, the Plateau State Commissioner of Police has called for an emergency meeting with community leaders to address the activities of Sara-Suka in the area.

The latest violence comes just two days after three members of Sara-Suka were killed in another clash near the Al-Mohap praying ground.

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Myanmar earthquake death toll crosses 3,000

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Death toll from Myanmar’s devastating earthquake has surpassed 3,000, with hundreds more missing.

This is as forecasts of unseasonal rain presented a new challenge for rescue and aid workers trying to reach people in a country riven by civil war.

Ekwutosblog reports that the last Friday’s 7.7-magnitude quake, one of the Southeast Asian nation’s strongest in a century, jolted a region home to 28 million, toppling buildings, flattening communities and leaving many without food, water and shelter.

 

Myanmar’s embassy in Japan said on Facebook that on Wednesday, deaths rose to 3,003 with 4,515 injured and 351 missing, while rescuers scramble to find more.

However, conditions could get even tougher for the huge relief effort after weather officials warned unseasonal rain from Sunday to April 11 could threaten the areas hardest-hit by the quake, such as Mandalay, Sagaing and the capital Naypyidaw.

“Rain is incoming and there are still so many buried. And in Mandalay, especially, if it starts to rain, people who are buried will drown even if they’ve survived until this point,” an aid worker in Myanmar said.

The embassy in Japan added in its post that there have been 53 airlifts of aid to Myanmar, while more than 1,900 rescue workers arrived from 15 countries, including Southeast Asian neighbours and China, India and Russia.

According to state television, despite the devastation, junta chief Min Aung Hlaing will leave his disaster-stricken country on Thursday for a rare trip to a regional summit in Bangkok.

The visit is said to be an uncommon foreign visit for a general regarded as a pariah by many countries and the subject of Western sanctions and an International Criminal Court investigation.

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