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We’re in support of Benjamin Kalu’s Peace In South-East Project – South East Governors

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We're in support of Benjamin Kalu’s Peace In South-East Project - South East Governors
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Governors of the South-Eastern states have emphasised the centrality of peace to the economic development and progress of the region.
This declaration coincided with the unveiling of the Peace In South-East Project (PISE-P) in Bende Local Government Area of Abia State on December 29, 2023.

Initiated by Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu, the project aims to address security challenges through non-kinetic means.

The South-East governors, represented by Imo State Governor and Chairman of the South-East Governors Forum, Senator Hope Uzodimma, expressed their commitment to fostering peace in the region.

Governor Uzodinma also commended Deputy Speaker Kalu for the initiative, highlighting the urgency of restoring peace given the prevailing insecurity.

He said: “The events of 2021 till date have created untold insecurity in the region. It’s worrisome to all of us, those living at home and diaspora, and our brothers and sisters from all zones in the country.

“The governors of the South-East region working with Ohaneze held a security summit in Owerri where it was resolved that, to do everything possible to bring peace to the south east and stem the prevalence of insecurity in the region.

“Consequent upon that, our brother the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Kalu, as part of the programmes marking his homecoming, initiated this peace project.

“It’s a welcomed idea which must be commended. Anything that will bring peace to the South-East is welcomed. I commend him for this brilliant idea and efforts put in. We South-East governors commend him.”

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Governor Alex Otti of Abia State, reading the Bende Peace Declaration, reinforced the region’s commitment to peace as a catalyst for economic growth and progress. The declaration signifies a collective aspiration for peace, prosperity, and confidence in building a brighter future for the South-East.

SEE ALSO:  Release Nnamdi Kanu for peace to reign in Igbo land, South East Senators beg Tinubu

“We the people of the South East hereby declare that peace is what we stand for as a region. We declare peace for prosperity. Peace for progress.

“We stand for peace in the South East as a catalyst that will drive growth in all sectors of the economy and rekindle the confidence of future generations. We declare that peace is better. Udo ka nma

“May this day, the 29th of December 2023, at Bende, Bende Local Government Area of Abia State, South East Nigeria,” Otti stated.

The ceremony, attended by Vice President Kashim Shettima representing President Bola Tinubu, marks a pivotal step toward addressing insecurity and promoting stability in the South-East.

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Peter Obi should be held responsible for anarchy arising from August 1 hunger protest – Presidency

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Bayo Onanuga
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Bayo Onanuga, a senior to President Bola Tinubu, has alleged that supporters Mr Peter Obi, former presidential candidate of the Labour Party, LP, are planning mayhem in Nigeria.

Onanuga claimed that the proposed nationwide protests were being planned by Obi’s supporters, whom he described as failed presidential candidate.

According to him, Obi should be held responsible for whatever crisis that would emanate from the action.

In a post on his X handle on Saturday, Onanuga said the proposed protest planners are also the same people who were instigated by the incarcerated IPOB leader, Nnamdi Kanu to launch the destructive ENDSARS protest in Nigeria in October 2020.

He wrote: “REVEALED: Peter Obi’s supporters are the people planning mayhem in Nigeria: Obi should be held responsible for anarchy

“Don’t be fooled: the malcontents planning to stage nationwide protests are supporters of Peter Obi, the failed presidential candidate of the Labour Party. And he should be held responsible for whatever crisis emanates from the action.

“The protest planners are also the same people who were instigated by IPOB leader Nnamdi Kanu to launch the destructive ENDSARS protest in Nigeria in October 2020. ENDSARS began as a genuine protest by youths against the Police Special Anti-Robbery Squad, notorious for its high-handedness. IPOB members planning to extricate the South East region from Nigeria infiltrated the protest and hijacked it for their own agenda. Lagos still bears the scar of the malicious destruction by IPOB elements until today.

“Two years after ENDSARS, the IPOB and the gullible innocents joined the Labour Party in 2022 to support Peter Obi, a sympathiser of their cause.

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They are the people spreading the hashtags ‘EndBadGovernance’, ‘Tinubu Must Go,’ and ‘Revolution2024’. They are not democrats but anarchists. They are attempting to call out our people via propaganda because their Messiah, Peter Obi, failed to win the Presidency in the 2023 election. As bad losers, they don’t have the patience to wait for another election in 2027; they would rather destabilise Nigeria by staging a civilian coup against President Bola Ahmed Tinubu.

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SEE ALSO:  BREAKING: Tinubu re-elected ECOWAS chairman
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Two brothers drown in FCT River

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Two brothers drown in FCT River
•The river behind the village
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Two brothers, Joshua and Samson, have drowned in a river in Robukya community in Kwali Ward in Kuje Area Council of the FCT.

A relation of the deceased, Musa Abednego, who confirmed the incident to our reporter on Thursday, said it happened on Tuesday around 9am while they were crossing the river.

He said the brothers, Joshua and Samson, were between the ages of nine and 12 and that they were on their way to the farm when the incident happened.

He explained that the victims got drowned following a heavy rainfall which made the river to overflow.

He said, “Their father asked them to hold on after the rain subsided. Unfortunately, they left home to the farm without him knowing.”

Abednego said their corpses were recovered on Wednesday around 4pm through the help of some fishermen, adding they had been buried.

The spokeswoman of the FCT Police Command, SP Josephine Adeh, was yet to speak on the incident.                                              Daily Trust

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SEE ALSO:  BREAKING: Tinubu re-elected ECOWAS chairman
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CBN intervenes in foreign exchange market

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CBN intervenes in foreign exchange market
Central Bank of Nigeria
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The Central Bank of Nigeria (CBN) has started selling foreign exchange on a regular basis through Authorised Dealer Banks and licensed Bureaux De Change (BDCs) as a response to the current fluctuations in the foreign exchange market.

These fluctuations are primarily caused by the demand pressure coming from corporate entities and the seasonal increase typical during the summer period.

By implementing regular sales of foreign exchange, the CBN aims to stabilise the market and ensure smoother transactions for both businesses and individuals involved in foreign exchange activities.

Director, Financial Markets Department of the CBN Dr Omolara Omotunde Duke in a statement on Friday night assured the public of the bank’s commitment to address the demand pressure and stabilize the foreign exchange market.

Highlighting recent transactions, the CBN disclosed that it sold a total sum of US$106,500,000.00 to 29 authorized dealer banks on Thursday, July 18 and Friday, July 19, 2024.

These transactions took place within an exchange rate range of N1,498.00/US$1 to N1,530.00/US$1. Additionally, the CBN purchased US$9,500,000 (Nine Million and Five Hundred Thousand Dollars) from four authorized dealer banks at rates between N1,510.00/US$1 and N1,550.00/US$1. All these transactions are marked for settlement on July 19, 2024.

The Central Bank also stated its commitment to closely monitor compliance with existing trading rules and regulations by authorized dealer banks. This is seen as an effort to promote ethical conduct and ensure stability in the foreign exchange market.

The general public was also advised to direct their foreign exchange demands to their respective banks and BDC operators, adhering to prevailing market regulations.

SEE ALSO:  Food crisis: 82 million Nigerians may go hungry soon, UN warns

With the regular sale of foreign exchange and ongoing monitoring of trading practices, the CBN aims to meet demand pressure, foster stability, and sustain a well-functioning foreign exchange market.

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