Month: October 2024
Minister of Solid Minerals Cautions States on Illegal Mining Shutdowns
The Minister of Solid Minerals Development, Dele Alake, has issued a stern warning to state governments, emphasizing that they lack the constitutional authority to shut down mining operations. He reiterated that mining activities fall exclusively under the jurisdiction of the Federal Government and urged states to refrain from unilateral actions in this regard. This declaration…
CBN Announces Launch of Electronic Foreign Exchange Matching System
The Central Bank of Nigeria (CBN) has disclosed plans to implement an Electronic Foreign Exchange Matching System (EFEMS), a new platform that is expected to overhaul the nation’s foreign exchange market. The system, aimed at promoting transparency and market-driven rates, will officially be launched on December 1, 2024, following a two-week testing phase set to…
Federal Government Advises Nigerians in Lebanon to Return Home Amid Escalating Conflict
The Federal Government of Nigeria has urged its citizens currently residing in Lebanon to consider returning home due to escalating violence between Hezbollah and Israel. The advisory, issued by the Nigerians in Diaspora Commission (NiDCOM), comes as tensions rise in the region, leading to increased concerns for the safety of Nigerians abroad. In a statement…
FULL TEXT OF NATIONAL BROADCAST BY PRESIDENT BOLA AHMED TINUBU ON THE 64TH INDEPENDENCE ANNIVERSARY OF THE FEDERAL REPUBLIC OF NIGERIA OCTOBER 1, 2024
Fellow Nigerians, as I address you today, I am deeply aware of the struggles many of you face in these challenging times. Our administration knows that many of you struggle with rising living costs and the search for meaningful employment. I want to assure you that your voices are heard. As your President, I assure…