Majority of Nigerians are poor – Buhari tells new Ministers [Full text]
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Muhammadu has told his Ministers designate that majority Nigerians are extremely poor.

President Buhari said this on Tuesday at the end of a two-day Presidential Retreat for designate and senior Government officials.

Here is the full text of the President’s speech:

After two days, we have come to the end of a successful retreat. However, you will agree that our work is just beginning.

These last two days have been very instructive for me personally, because I have had the opportunity to know many of you new Ministers-Designate better. I was also pleased to see that you have all equally enjoyed debating and deliberating on the various challenges before us over the next 4 years.

Ladies and Gentlemen, majority of our people are poor and are anxiously hoping for a better life. A in which they do not have to worry about what they will eat, where they will live or if they can afford to pay for their children’s or healthcare.

Our responsibility as leaders of this great country is to meet these basic needs for our people. As I mentioned yesterday, this Administration inherited many challenges from our predecessors to mention a few:

A country in which 18 local governments in the Northeast were under the control of Boko Haram

Decayed infrastructure in which our rail lines and roads had severely deteriorated;

A rent seeking that depended largely on oil revenues and imports

Significant unpaid pensions, subsidy debts, legacy contractor debts. I can go on and on.

In our first term, we laid the foundation to rebuild our country. We recaptured those 18 Local Governments previously held by Boko Haram, whose activities are now limited to sporadic attacks against soft targets.

Our investments in road and rail infrastructure are without precedent, and many of you can attest to this. We also focused on diversifying the economy from oil towards agriculture and industrialization.

Despite reduced revenues from oil and gas compared to past governments, we have broadly addressed many of the legacy debts they left behind.

Whilst we have obvious successes to celebrate, the challenges ahead are significant as you would have observed in detail over these two days. Nevertheless, from the quality of the deliberations, it is clear that solutions to our problems are well researched and have been well articulated.

We have discussed solutions relating to addressing Insecurity; Macroeconomic Stability; Agriculture and Food Security; Energy Security for Petroleum products and Electricity; Transportation and Critical Infrastructure; Industrialization and SME Development; Human Capital Development; Social Inclusion; Anti-Corruption; Housing Financing and Consumer Credit.

Public service is not easy work, and at times it can be thankless. I am therefore charging you all to see this opportunity to serve as an honour, to give your best to deliver on this mandate, for a more prosperous Nigeria, not for some, but for all Nigerians.

You will find that working collaboratively and purposefully will enable us to achieve quicker results, recognizing that four years is not a very long time. For the new Ministers, make sure you engage and benefit from the experience of the older Ministers and former Governors in the cabinet.

In terms of coordination, kindly ensure that all submissions for my attention or meeting requests be channeled through the Chief of Staff, while all Federal Executive Council matters be coordinated through the Secretary to the Government of the Federation.

I would like to thank the Office of the SGF for coordinating this successful Presidential Retreat. I would also like to thank the National Assembly leadership, the Party Chairman, Chairman of the Governors Forum, and resource firms, for the active engagements and contributions.

Once again, the challenges that lie ahead of us as a country are significant. But I have no doubt in your individual capacities and our collective patriotic commitment to deliver a better Nigeria for us, our children and a brighter future for all.

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Abass Sulaiman Adegoke, well known as Adegoke is a student of Federal Polytechnic Ede studying Civil Engineering, He is a media enthusiast, loves traveling, and has a special interest in personal development.

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CASH-LESS POLICY NOT INTENDED TO PUNISH HARDWORKING NIGERIAN BUSINESSES – CBN GOV

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cash-less policy not intended to punish hardworking nigerian businesses – cbn gov CASH-LESS POLICY NOT INTENDED TO PUNISH HARDWORKING NIGERIAN BUSINESSES – CBN GOV Godwin Emefiele NTB

The of the Central Bank Of , CBN, Godwin Emefiele has assured Nigerians that the new cashless policy by the country’s apex bank was “not intended to punish hard working Nigerian businesses”

Image result for Godwin Emefiele cash-less policy not intended to punish hardworking nigerian businesses – cbn gov CASH-LESS POLICY NOT INTENDED TO PUNISH HARDWORKING NIGERIAN BUSINESSES – CBN GOV Godwin Emefiele NTB

Mr. Emefiele gave the assurance while be briefing newsmen today, September 20, 2019, on the decisions of the Monetary Policy Committee (MPC).

According to the CBN boss, the Financial body introduced the new policy to further deepen financial inclusion in country.

Image result for CBN cash-less policy not intended to punish hardworking nigerian businesses – cbn gov CASH-LESS POLICY NOT INTENDED TO PUNISH HARDWORKING NIGERIAN BUSINESSES – CBN GOV central bank of nigeria

Recall that the CBN had recently introduced charges to cash transactions in excess of N500,000 and N3,000,000 for individual and coperate account.

The new policy would see individuals pay 2% charge on deposits exceeding N500,000 and 3% on withdrawals; for coperate accounts, 3% charge on deposits in excess of N3,000,000 while withdrawal will attract a 5% charge.

Click here to read all about the new policy.

Owing to the controversy and backlash the new policy has attracted, the CBN Governor held a press conference Friday to further educate the general public how it works.

He also assured Nigerians that there is no threat to the country’s Reserves over the Process and Industrial Development Limited (P&ID) court judgement.

What’s you opinion on the new policy? Leave your comments below.

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Buhari reacts angrily to UN report on violence in Nigeria

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buhari reacts angrily to un report on violence in nigeria Buhari reacts angrily to UN report on violence in Nigeria buhari speaks 1024x683 2

Muhammadu , on Friday, reacted to reports of the UN rapporteur on violence in .

Garba Shehu, his spokesman, in a statement, said while the presidency agrees that the violence in Nigeria, or in any country, is a major concern and that there is a rippling effect, it was disappointed that the rapporteur was silent on intra-group violence.

He said: “In Benue, Taraba, Cross River States and many parts of the country, most of the casualties from intra-group, inter-group and community violence. Many of the displaced persons across the nation are also victims of these conflicts.

“There is absolutely no doubt that violence between farmers and herders, which has a long history in our country spiked in recent years but the effectiveness with which the Federal and State authorities responded made a big difference. Calm has virtually returned to all parts affected by the peculiar violence.

“Therefore, we are saddened that the rapporteur did not address intra-ethnic conflicts and cattle rustling as key elements in herder/farmer conflicts. In Benue State for instance, the Tiv/Jukun conflict and kidnapping is a major problem. We are glad that local communities have fully realized this, and scholars with a strong motivation for peace and stability in their communities and the nation are trying to address the problem.

“Ignoring the salient issues will not help to solve the problem. If you are going to address violence and the general insecurity in Nigeria, incidents everywhere should be part of the narrative. Not addressing this might make it easier to blame the Federal Government, but national peace and security is community based and a collective responsibility.

“Arrests, prosecution and locking people up are only small parts of National Security and Safety strategy.

“In Benue State as cited earlier, the of a US scholar of Tiv extraction, Professor Dick Adzenge deserves special mention for attempting to get aspects of violence addressed. The expectation that arresting and putting people in prison is the only credible response to violence is a mistake. Professor Adzenge and a few others like him are working with young people, traditional rulers and communities to seek peaceful resolution of conflicts and encourage peaceful co-existence.

“The sort of effort we are talking about here has so far revealed interesting facts about the problem in Benue State that cannot be ignored.

“And it is the sort of support we seek from the UN rapporteur in reporting, not the report that scratches the surface of the subject then ends up blaming the government under the able leadership of President Muhammadu Buhari. The UN representative needs to be truthful and even-handed in her assignment.

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