BUHARI PUSHES FOR ECOWAS SINGLE CURRENCY

** President Buhari has called on countries under the ECOWAS sub-region to put in more efforts to achieve the single currency program by 2020. President Buhari insisted that “convergence must be based on sound and sustainable macro economic fundamentals.”

The President said, there is no denying that considerable amount of resources, time and effort had been expended in the pursuit of regional integration agenda. He said this should be justified by achieving the objectives of the monetary union by 2020.

He assured West African leaders that Nigeria is still committed “to providing a leadership role in assisting ECOWAS achieve the single currency regime as well as moving the ECOWAS integration agenda forward.”

  TRENDING

*. Kemi Adeosun says her NYSC exemption certificate was screened and cleared by the Department of State Services (DSS) before she was appointed minister by President Buhari in 2015. In her resignation letter dated September 14, 2018, she said she had no reason to believe her certificate was not genuine until it was reported by an “online medium” — a veiled reference to Premium Times which reported the infraction.

*. There was widespread jubilation in Imo State, especially the state capital, Owerri, as Senator Ifeanyi Godwin Araraume formally defected from APC to APGA by picking the governorship form of APGA. Araraume, who was until recently, a chieftain of APC, picked the APGA nomination form after weeks of speculation of his plans to join the party. He obtained the form in Awka, the Anambra State capital, yesterday in company of some national leaders of the party, including the national secretary, Mr. Labran Maku.

NEWS FLASH

  1. FOREIGN SCENE:
    President Donald Trump lashed out at former Secretary of State John Kerry for his meetings with Iran’s foreign minister after the Obama-appointee had left office.
    “John Kerry had illegal meetings with the very hostile Iranian Regime which can only serve to undercut our great work to the detriment of the American people,” Trump said on Twitter late Thursday.
    “He told them to wait out the Trump Administration!” he said, ending his Tweet with the word “BAD!”
  2. FEDERAL EXECUTIVE COUNCIL:
    The embattled Kemi Adeosun did not attend this week’s meeting of FEC following her resignation as exclusively reported. It is not clear when she submitted her resignation letter but she was not at the FEC meeting held on Wednesday. She was also not at a meeting of some ministers which took place yesterday. The minister felt that her position is becoming untenable and is hurting the President in the run up to the 2019 election.
  3. PRESIDENCY:
    President Buhari and the National Leader of APC, Senator Bola Tinubu, were on Thursday night locked in a meeting in Abuja, over Tinubu’s withdrawal of support for the second term aspiration of Governor Akinwunmi Ambode. It is understood that with Buhari’s last-minute intervention, Ambode would likely secure Tinubu’s approval to seek re-election in 2019 on the platform of the ruling APC. Sources close to the power play in Lagos, however, doubt that the meeting would provide reprieve for Ambode as Tinubu’s options are said to be limited.
  4. PRESIDENCY:
    President Buhari has accepted Kemi Adeosun’s resignation as Nigeria’s minister of Finance. President Buhari accepted the minister’s resignation from his cabinet on Friday, September 14, 2018.A source in the presidency disclosed that the minister tendered her resignation letter to the office of the president earlier in the week. Following Adeosun’s resignation, President Buhari has appointed the minister of state for budget and national planning, Zainab Ahmed, to take over the former Finance minister’s duties.
  5. FEDERAL GOVERNMENT:
    Yemi Osinbajo will next week Tuesday preside over the Economic Management Team meeting, specially dedicated to the contentious issue of minimum wage. Minister of Labour and Employment Chris Ngige told this to State House Correspondents after he and the chairman of the negotiation committee, Ms Amma Pepple, a former Head of Service of the Federation, briefed President Buhari on the progress made so far by the committee on Friday. “Next week we have an economic management team meeting on Tuesday to be chaired by the Vice President”, Ngige said
  6. STATE GOVERNMENT:
    EFCC has asked outgoing Ekiti State Governor, Ayodele Fayose, not to wait until handover date before handing over himself to operative of the anti-graft agency for questioning in relation to alleged money laundering running into billions of Naira. it will he recalled, had on September 10, 2018, written to the EFCC that he would make himself available for questioning by the operatives in relation to any issue related to him and his administration.
  7. INEC:
    The Chairman of INEC, Mahmood Yakubu, on Thursday, said the commission is considering banning the use of mobile phones at polling units. He explained that mobile phones would be collected from voters when they collect their ballot papers at the polling stations, to curb vote buying in the country. ”The commission would try and ban the use of some devices that aid vote buying on election day such as mobile phones,” Mr Yakubu said. The INEC boss explained that those who carry mobile phones along to polling units normally use them to take pictures of the ballot papers as evidence to the vote buyers
  8. ECONOMY:
    The anti-graft agency, EFCC, has denied raiding the head office of Standard Chartered Bank. The bank was among those indicted by CBN for allegedly helping telecom giant, MTN, illegally remit millions of dollars of foreign currency abroad. The bank has denied the accusation. On Friday, the EFCC in a statement said it not raid the bank’s head office. “Following repeated media enquiries regarding a purported raid on the head office of the Standard Chartered Bank today September 14, the Commission is constrained to state that there was no raid on the bank by its officers
  9. DSS:
    Yusuf Magaji Bichi, the new director-general of Department of State Services(DSS) reported for work today at the headquarters to take control of the secret agency. Peter Afunanya, spokesman of the agency said Bichi addressed the management and called for members’ support. “While calling for stronger ties among the staff, he pledged to work with them as a team. He stated that his vision is to build a well disciplined, professional and highly motivated DSS with particular reference to staff welfare”, Afunanya reported.
  10. ENTERTAINMENT:
    Popular Nigerian entertainer, Falz, on Friday dropped the anthem of his newly-founded Sweet Boys Association. He also released a video which featured top Nigerian media personalities like IK Osadiowa, Big Brother Naija’s Tobi Bakre, Noble Igwe and others. Falz, the self-professed president of the association, on Thursday, unveiled its code of conduct, website and social media handles in a broadcast. In the funny video posted on his Instagram page, Falz revealed that the national anthem of the association was on the way

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