5 issues to know to start out your Tuesday

2023: Buhari reassures of free, truthful, credible elections

Throughout a go to to the Emir of Kano, Alhaji Aminu Ado Bayero, on Monday, President Muhammadu Buhari assured residents and Nigerians on the whole of his administration’s dedication to making sure that the February and March elections are free, truthful, and credible.

President Buhari promised to make sure that there could be a stage enjoying discipline for the conduct of the election within the nation.

He defined that the current administration was absolutely dedicated to sustaining and consolidating the large strides achieved beneath his management over time.

He mentioned that no democratic system might be possible with out touching each sphere of human endeavour.

He, nevertheless, acknowledged that the Kano Emirate Council had, over time, been up and doing in giving its contributions to the event of the nation.

He urged conventional establishments to play a extra energetic position in selling good governance in a real democratic setting.

Learn additionally: Buhari appoints Dogara as new NYSC Director General

PENGASSAN urges FG to revoke licence of oil entrepreneurs promoting above authorised value

In a press release issued on Monday, Festus Osifo, the Nationwide President of the Petroleum and Pure Fuel Senior Employees Affiliation of Nigeria (PENGASSAN), urged the Federal Authorities to revoke the licences of oil entrepreneurs promoting above the official pump value of Premium Motor Spirit (PMS).

Osifo, writing on behalf of PENGASSAN, pleaded with the workers of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in numerous places to instantly perform a nationwide monitoring and compliance train and be sure that any marketer discovered wanting will get their licences revoked.

He mentioned that the decision for the revocation of licences grew to become pressing following a lingering gasoline shortage disaster that has persevered for greater than 5 months.

“Ought to this collusion go unchecked, we won’t hesitate to associate with different stakeholders in guaranteeing that Nigerians usually are not additional exploited. A sew in time saves 9,” he mentioned.

Redesigned notes: Lagos residents complain as shortage persists

Some residents of Lagos State interviewed on Monday expressed their frustration and anger over the dearth of money on the banks, automated teller machines (ATMs), and even level of gross sales (POS).

Banks whose ATMs had been meting out money had lengthy traces of individuals ready to withdraw as little as N1,000, of which the utmost payout was N20,000.

A cross-section of banks monitored at Ikorodu, Constain, and Apapa confirmed how folks moved round searching for ATMs that had been meting out money solely to finish up within the lengthy line of determined clients hoping to come up with the brand new notes.

Even the banking corridor wasn’t spared as some banks denied clients hoping to withdraw entry.

Some clients who couldn’t endure the lengthy queue complained that their financial institution purposes weren’t going via.

“Are you able to think about, my financial institution app isn’t working,” Dapo, a civil servant, lamented as he struggled to finish a transaction. “And once you get to ATMs, they’re both not paying or the queue could be very lengthy.”

The Central Financial institution of Nigeria (CBN) had ordered banks to load their ATMs with the brand new, redesigned naira notes to make sure Nigerians had entry to them.

The CBN prolonged the deadline for the gathering of the outdated naira notes from January 31 to February 17.

3 ships with petrol ready to berth at Lagos ports

The Nigerian Ports Authority (NPA) reported that three ships with petroleum merchandise arrived on the Lagos Ports Advanced ready to berth on Monday.

It listed the merchandise as petrol, jet gasoline, vehicle gasoline, and base oil.

The authority mentioned that 21 different ships had been anticipated on the port from Jan. 30 to Feb. 13.

It listed gadgets anticipated as basic cargo, petrol, vans, containers, frozen fish, bulk gypsum, bulk wheat, bulk salt, bulk urea, vehicle gasoline, and bulk fertiliser.

It mentioned that 13 different ships had been discharging frozen fish, basic cargo, containers, soya bean oil, bulk gypsum, jet gasoline, vehicle gasoline, base oil, petrol, and bulk urea. That is in accordance with the Information Company of Nigeria.

AfDB plans $1.5bn meals facility for Nigeria, others

Akinwunmi Adesina, the president of the African Growth Financial institution (AfDB), mentioned on Monday that the financial institution has put in place a $1.5 billion emergency meals manufacturing facility to fulfill its meals sufficiency goal in Africa.

Adesina disclosed this when he paid a courtesy go to to Governor Dapo Abiodun of Ogun State. He mentioned that the power was necessitated due to the continuing Russia and Ukraine conflict, which has pushed up the value of wheat and maize.

Adesina added that the emergency meals manufacturing facility could be supporting 34 nations, with 20 million farmers producing roughly 38 million metric tonnes of meals valued at $12 billion.

He expressed confidence that Africa wouldn’t have a meals disaster on account of the conflict in Ukraine, as efforts made by the financial institution and different growth companions would assist to deal with the shortages in meals provides that the conflict has prompted.

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