FCT Youth Taskforce Commends Organizations and Individuals Complying to the Donations for Palliative Measures.
The National Youth Council of Nigeria (NYCN) youth taskforce on COVID-19 in collaboration with FCT Indigenous Association has expressed appreciations to some corporate organizations and individuals that had donated toward providing palliatives to the vulnerable residents of Federal Capital Territory FCT during the lockdown.
Comrade Ango Abdullahi Suleiman, Chairman of NYCN FCT Chapter and leader of the taskforce made this call and commendation during a press briefing on the activities of the youth taskforce in Abuja on Wednesday.
He also called for more financial donations to be channeled to the office of FCT Minister to enable the FCT Administration provide more palliatives to cushion hunger and suffering of the masses as a result of the lockdown.
Comrade Inusa Ahmadu Yusuf, the spokesman of FCT indigenous association is calling the attention of the FCT Administration to integrate independent organizations and civil societies in this palliative sharing measures to ensure efficiency and efficacy of the process.
According to Yusuf, hunger is biting harder on the poor masses. Therefore, he urges the Federal government to urgently release whatever palliative due to the FCT residents.
Recall on April 6th, This Taskforce team beckoned on the various companies and businesses situated in Federal Capital Territory to do the needful by donating their social corporate responsibility to the FCT Administration.
They also threaten to shut down the operations of some companies that refused to perform their corporate social responsibilities to the residents, especially the masses of FCT masses with effect from April 9th.
According to Suleiman, the full list of donors in FCT had been released to the taskforce and the threat still stands.
The Chairman also commended the FCTA for supporting their movement with the provision of (3) three Hilux pickups to the taskforce for the sensitization of the communities in FCT.
He also appreciated the contribution of the Senator representing FCT, Senator Philip Tanimu Aduda, for the donation of 1,000 bags of rice and 100 cartons of hand sanitizers.
In view of this, the taskforce threatens to lockdown companies, estate firms and institutions that refused to announce publicly and channel their contribution to the Minister of FCT for the provision of palliatives to the poor masses of Abuja.
Yunusa Ahmadu Yusuf, in his speech stated that they have sensitized the vulnerable people such as Garki on this pandemic disease, COVID-19 through Playing the sensitization jingles on COVID-19 around the Area Councils in FCT.
The residents of this remote communities have one of their challenges as lack of power supply to stay connected to vital information from the media regarding the spread of Coronavirus which FCT Administration ought to address this issue.
Forex: Financial expert urges CBN to exercise caution on BDCs ban
By Gistflash News
July 28, 2021
A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to be cautious of its recent “blanket’’ ban placed on Bureau de Change (BDC) operators from foreign exchange (forex) trading.
Unegbu, a past President of the Chattered Institute of Bankers of Nigeria (CIBN), made the call in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.
He said that the ban would create some challenges in the market as commercial banks might not be able to meet the forex demands of importers.
According to Unegbu, commercial banks themselves are not perfect, as some of them also flout forex regulations.
“This punitive measure by the CBN can negatively affect the forex trading market.
“Most businessmen, when they cannot access forex from commercial banks, rush to the BDCs.
“Banks are not perfect, they also bend the rule sometimes, but that of the BDCs became so obvious due to their large numbers.
“The Naira has been so bastardised and it is good to see that the CBN is acting to remedy the situation,’’ he said.
Unegbu said that athough some of the BDCs were involved in unwholesome practice there were still some BDCs that operated above board.
He said that the move by the apex bank was only a step toward resolving the abuse in the forex market and to reduce pressure on the Naira.
“There had been a lot of misgivings about forex in the country but this blanket ban by the CBN is just a step towards the solution.
“Not all the BDCs are bad, but as it is now CBN has banned both the good and he bad.
“But it is a warning to the Association of Bureaux De Change Operators of Nigeria (ABCON).
“ABCON should find a way to make amends and reign in on some of the operators that abuse the system,’’ he said.
The News Agency of Nigeria (NAN) reports that the CBN announced immediate discontinuation of forex to the BDCs.
CBN Governor, Mr Godwin Emefiele, who made the announcement during the banks 280th Monetary Policy Committee (MPC) meeting, said that the BDC operators were involved in rent-seeking behaviour money laundering activities.
Emefiele added that BDCs were to serve the retail end users who needed 5,000 dollars or less, but had defeated their purpose of existence to provide forex to retail user.
He also said that BDCs had instead become wholesale and illegal dealers.
Police refutes abduction of 60 travelers on Gusau-Sokoto highway
By Gistflash News
July 28, 2021
JAMB withdraws results of candidate for impersonation
By Gistdlash News
July 27, 2021
The Joint Admissions and Matriculation Board (JAMB) has withdrawn the result of one Attama Ikedichukwu for acts bordering on impersonation in the just concluded 2021/2022 Unified Tertiary Matriculation Examination (UTME).
This is contained in a statement issued by Dr Fabian Benjamin, JAMB Head, Media and Publicity in Abuja on Tuesday.
He said that upon investigations, it was revealed that Ikedichukwu had hired a ”professional examination taker” to sit for the examination on his behalf.
He however said that his luck ran out when the board’s post-examination processes discovered that the candidate had been impersonated in the course of the examination.
“On further scrutiny, other hidden dimensions to the case were also unravelled which the candidate had admitted to in the course of perpetrating the fraudulent act.
“ Following Management’s consideration and approval of the recommendations of the investigators, the result of Ikedichukwu, whose examination was taken on his behalf at the University of Nigeria, MTN Library, Nsukka, Enugu State, on June 22 during the second session of the examination for that day, has been withdrawn.
“The Board wishes to restate that no result obtained through fraudulent means will be allowed to stand.
“It should be noted that the cancellation is in line with the board’s policy of cancelling any result fraudulently obtained by any candidate even when such had been released,” he said.
He added that the perpetrator would be handed over to relevant agencies for prosecution to serve as a deterrent to other would-be infractors.
He said that the board urged candidates and the general public that it would painstakingly scrutinise the entire examination processes with the provision that the results obtained through fraudulent means would be withheld and after thorough investigation, cancelled as the case may be.
“ In the meantime, the Board is engaged in the viewing and assessment of all CCTV footage of the examination as well as the adequacy or otherwise of the security measures put in place to forestall examination infractions.
“The board warned that the above stated case might just be the first of the many that would be unearthed in the course of the review as many more infractions might yet come to light.m,” he added.
He therefore said that a top security officer who had facilitated the forgery of the board’s admission letter was being investigated for possible culpability and subsequent prosecution.
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