News
2023: I’ve not decided to run for president – Emefiele
Mr. Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says he has not made up his mind about running for president of the country in 2023.
Recall that yesterday, it emerged that a group of farmers purchased the N100 million All Progressives Congress (APC) presidential nomination forms for the CBN governor, a development that triggered outrage with many asking him to resign from his job.
However, reacting to the development in a statement on Saturday, Emefiele thanked the farmers and those asking him to run for the country’s highest office, but noted that he has not decided to run for the office.
The governor said should he decide to contest for president, he would purchase his own nomination forms and do so in accordance with the laws of the land.
“I am humbled by the growing interest of those asking that I run for the Office of President in the 2023 general elections: I have not come to that decision,” Emefiele said.
“I note and salute the sacrifices of those farmers and patriots going as far as raising personal funds and offering me Presidential Nomination Forms: I thank them most profusely.
“However, Should I answer their calls and decide to seek presidential nomination, I will use my own hard earned savings from over 35 years of banking leadership to buy my own Nomination Forms without proxies in an open and transparent manner in full compliance with the laws and Constitution of The Federal Republic of Nigeria.
“And should I not run for elected office I will continue to serve and sacrifice for the good people of Nigeria under the able leadership of President Muhammadu Buhari. This is a serious decision that requires God’s Divine intervention: in the next few days The Almighty will so direct.
Entertainment
Father of late singer Mohbad credits improved life to divine, spiritual assistance
Joseph Aloba, father of late singer Mohbad, reveals his life improved significantly after his son’s passing, attributing it to divine help
Joseph Aloba, the father of late Nigerian singer Mohbad, has shared how his life has seen a remarkable improvement since the tragic passing of his son in September last year.
Speaking in an interview with media personality Akin Abolade, Aloba expressed gratitude for the unexpected blessings he has received, which he credits to the combined influence of Mohbad’s spirit and God.
In the emotional interview, Aloba revealed that Mohbad had made significant plans to support him, but these ambitions remained unfulfilled due to unforeseen circumstances before the singer’s untimely death.
However, he stated that since Mohbad’s passing, he has experienced an outpouring of support from well-wishers who have provided him with essential items, including a car.
“Let me just say yes, my life got better after Mohbad’s death because he is my friend. He had it in plan to do many things for me, but they didn’t allow him to do them,” Aloba explained.
“After his death, it was the spirit of Mohbad, and that of God combined together that began to send people to assist me. Even the car and everything I have now, it was people that gave them to me, and it is beyond ordinary.”
Reflecting further, Aloba noted that the assistance he now receives mirrors the intentions his son had for him. He added, “Those were the things he was meant to be doing for me, but they didn’t allow him to do them.”
The late Mohbad, born Ilerioluwa Oladimeji Aloba, passed away under mysterious circumstances in September 2024, leaving fans and the Nigerian music industry in mourning. Investigations into the cause of his death remain ongoing, with many still seeking answers.
Education
Kogi State Governor abolishes tax clearance policy for student enrollment
Kogi State Governor Usman Ododo ends the controversial tax clearance policy, ensuring students’ education rights remain protected
Kogi State Governor, Alhaji Usman Ododo, has ordered an immediate halt to the policy requiring parents to present Tax Clearance Certificates (TCC) for their children’s enrollment in state-owned tertiary institutions.
This decision follows public outcry and protests led by civil society groups, who argued that the policy infringed upon the right to education.
Announcing the directive during a media briefing in Lokoja, the Chairman of the Kogi State Internal Revenue Service (KGIRS), Alhaji Sule Enehe, stated that the move reflects the governor’s commitment to accessible education.
“The governor responded swiftly to public concerns, emphasizing that education must remain accessible to all Kogi State students,” said Enehe.
The policy, introduced to encourage tax compliance, drew criticism for potentially denying access to education for students whose parents were unable to provide TCCs.
With the directive now revoked, students can register and gain admission without the previously mandated requirement.
Enehe, however, reminded residents of their constitutional duty to pay taxes, noting that non-compliance could restrict access to benefits such as bursary allowances.
He added, “Parents must play their part by paying taxes to support state education and other social amenities.”
Highlighting further reforms, Enehe disclosed that KGIRS has ramped up efforts to eliminate illegal tax practices. Since the crackdown began, 43 illegal tax collectors have been prosecuted, while several corrupt staff members have been dismissed.
To streamline operations, the revenue service has digitised tax payment systems, allowing individuals and businesses to fulfil their obligations more efficiently.
KGIRS reported steady revenue growth in recent years, with collections rising from ₦17 billion in 2021 to ₦27.7 billion in 2024.
The service has set an ambitious target of ₦35.1 billion for 2025, aiming to sustain the state’s developmental initiatives.
Governor Ododo’s administration continues to prioritise education, as seen in the establishment of three state-owned universities.
The governor’s directive aligns with the broader goal of ensuring that financial barriers do not hinder educational access for Kogi State students.
This decisive action signals the government’s resolve to balance tax compliance with the constitutional right to education, fostering both development and inclusivity.
News
Nigeria’s inflation rate climbs to 34.80% in December 2024
Nigeria’s headline inflation rate has risen to 34.80% in December 2024, driven by increased demand during the festive season. The report highlights ongoing economic challenges despite a slight month-on-month decrease
Nigeria’s headline inflation rate surged to 34.80% in December 2024, according to the National Bureau of Statistics (NBS).
This marks a slight increase from 34.60% in November, driven by heightened demand for goods and services during the festive season.
The year-on-year comparison shows a significant 5.87 percentage point rise from 28.92% in December 2023, pointing to a persistent inflationary trend.
However, month-on-month inflation decreased marginally, falling to 2.44% in December from 2.64% in November 2024.
Urban areas experienced a more pronounced inflation rise of 37.29%, while rural areas saw an inflation rate of 32.47%.
Despite this, the month-on-month decrease offers a sign of easing inflationary pressure. Analysts emphasise the need for effective monetary and fiscal measures to stabilise prices and address the persistent economic challenges.
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