The Civil Society Legislative Advocacy Centre (CISLAC) has indicated that the decision by the Central Bank of Nigeria (CBN) to redesign some naira notes is not an economic priority. The group said that this move will not solve the nation’s monetary policy challenges. Auwal Ibrahim, executive director of CISLAC, made this known in a statement on Thursday. Earlier, CBN had announced that it redesigned the country’s currency notes of N200, N500 and N1000. Circulation of...

LAGOS — The Lagos state government has presented the 2023 budget to the state house of assembly. The N1.69 trillion ‘budget of continuity’ was presented to the house by the state governor, Babajide Sanwo-Olu on Thursday. A breakdown given by the governor showed that capital expenditure will take N932 billion representing 55 percent of the total budget while recurrent expenditure will gulp N759 billion. While addressing the lawmakers, the governor restated his demand for a...

BENIN CITY — Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP), has said the All Progressives Congress (APC) does not deserve the votes of Nigerians. The PDP standard bearer at the PDP presidential rally in Benin, Edo state, on Saturday. The PDP standard bearer said the ruling party has destroyed Nigeria’s economy, education system, and access to job opportunities. Atiku said if he wins the 2023 presidential election, he would tackle insecurity,...

LAGOS — Benjamin Hundeyin, the spokesman of the Lagos police command, has said no person who participated in the #EndSARSMemorial2 demonstration is in custody. Hundeyin said this on Thursday in a post on Twitter. Earlier on Thursday, the demonstrators walked through the tollgate axis singing and carrying mock coffins to commemorate the October 20, 2020 shooting at the Lekki tollgate. Earlier police officers had reportedly shot teargas to disperse persons commemorating the memorial of the...