Connect with us

News

Two days ago, the Naira made its most significant appreciation in the last one year, going over ₦240 in value over the Dollar within 24 hours, and you said nothing. Reno Omokri to Peter Obi

Published

9 months ago

on

Spread the love

The Nigerian Stock Exchange gained a record ₦2.1 trillion in just 24 hours, moving from an All Share Index with a total market capitalisation of ₦59.416 trillion, up from ₦57.293 trillion on Thursday last week. You also said nothing. The Port Harcourt Refinery has been revived after many years of being moribund. You were quiet.

But when two female undergraduates of Nasarawa State University, Keffi, died from a stampede yesterday, you chose to speak and rather than commiserate with the families of the victims, you decided to politicise their deaths to further your 2027 Presidential campaign. Don’t you think this is a new low, even for you? Are you only happy when evil things occur?

And you sought to lay the blame on the Federal Government. Was the Federal Government to blame when almost twenty people lost their lives in a stampede in Anambra in 2013 when you were Governor? Were they also to blame for the hundreds of young Anambra men who were extrajudicially killed under your watch and their bodies dumped in the Ezu River?

Desperation is dangerous as it can lead a hitherto right thinking man to take action and make utterances that he would never have even considered were it not for the desperation.

That is why you were silent when the brothers, Chinedu and Omama, were burnt to death by a mob in Onitsha. You said nothing. You did not condemn it. You did not call for the arrest of the perpetrators. You pretended not to hear about it. But now that two female undergraduates died in Nasarawa, it is time to shed crocodile tears!

This is the holy month of Ramadan. Our Muslim brothers and sisters are fasting. It is also the Lenten season. Our Christian brothers and sisters are also fasting. We need unity. We do not need a desperate politician trying to set Nigerians against each other.

Reno Omokri

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Some foodstuff traders and consumers in Lagos state have expressed excitement over the recent drop in the price of beans.

Published

13 hours ago

on

December 13, 2024

By

Spread the love

Some foodstuff traders and consumers in Lagos state have expressed excitement over the recent drop in the price of beans.

The traders expressed their joy in separate interviews with NAN on Friday in Lagos.

According to the report, there has been a slight drop in the price of beans that has consistently risen in the past few months…

Continue Reading

Business

Naira Gains ₦14.94 in Official Market, Improves in Parallel Trade

Published

14 hours ago

on

December 13, 2024

By

Spread the love

 

The naira appreciated against the dollar in both the official and parallel foreign exchange markets on Thursday.

According to data from the Central Bank of Nigeria, CBN, the naira closed at N1,532 per dollar on Thursday, improving from N1,545 recorded on Wednesday.

Similarly, data from FMDQ showed that the naira strengthened to N1,534.35 per dollar on Thursday, compared to N1,549.29 traded the previous day. This represents an appreciation of N14.94 against the dollar.

At the parallel market, the naira also gained trading between N1,640 and N1,680 per dollar on Thursday, compared to N1,710 on Wednesday, according to Abubakar Alhassan, a Bureau de Change operator in Wuse 4, Abuja.

Akelicious reports that the naira has experienced fluctuations throughout the week.

This volatility follows the recent introduction of the Electronic Foreign Exchange Matching System, EFEMS, by the CBN, aimed at ensuring more transparent FX transactions.

Kindly follow Ekwutosblog for verified News and Current Affairs in addition to insightful contents that inform, inspire, educate and entertain you always.

Continue Reading

News

Nigeria to Add 150MW to National Grid by Year-End, Says Power Minister

Published

14 hours ago

on

December 13, 2024

By

Spread the love

 

ekwutosblog has gathered that the Minister of Power, Adebayo Adelabu, has announced that an additional 150 megawatts will be added to Nigeria’s national grid before the end of 2024, as part of efforts to improve electricity supply.

Speaking to State House correspondents after a meeting between President Bola Tinubu and German President Frank-Walter Steinmeier at the Presidential Villa in Abuja, Adelabu highlighted the progress made under the Siemens-led Presidential Power Initiative (PPI).

According to him, “We have completed about 80% of the pilot stage, which includes the importation, installation, and commissioning of 10 power transformers and 10 power mobile substations.

These efforts have already added 750 megawatts to our grid capacity, and by year-end, an additional 150 megawatts will be realized upon full completion of the pilot phase.”

Adelabu also stressed the importance of the Siemens project in addressing the aging and fragile state of Nigeria’s power infrastructure.

The next phase of the initiative will focus on rehabilitating 14 existing substations and building 23 new ones across the country.

“We are transitioning to Phase One of the project, with the first batch of this phase already concluded in terms of commercial agreements,” he said.

Kindly follow Ekwutosblog for verified News and Current Affairs in addition to insightful contents that inform, inspire, educate and entertain you always.

Continue Reading

Trending