Tag Archives: 40

SSS clampdown on Bureau De Change continues, 40 arrested in Kano.

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The State Security Service has arrested about 40 Bureau de Change operators in Kano for allegedly selling foreign currencies above the official rates.

An official of the Alamant Bureau de Change Association in Kano, Abdulhamid Kabir, said the operators were arrested early Friday.

He said the association had met with officials of the SSS last week on how to ensure that the operators in Kano complied with the official forex rates.

“You know this issue is not affecting only one person, it requires time for us to convince our members to adopt government recognized official rates”, Mr. Kabir said.

“But all of a sudden this morning, the security (agents) raided us, whisking away many of our members”.

A source at the SSS office confirmed the arrest but insisted that those arrested were unlicensed operators who had been trailed for a while.

“I want to assure you that those arrested were touts who sell above official prices”, said the source who asked not to be named because he was not authorized to speak on the development.

Security agents had last week carried out similar raids on some Bureau De Change operators in Abuja and Lagos.

PREMIUM TIMES reported how a meeting between the SSS, the Bureau De Change and Central Bank agreed that the dollar not be sold beyond N400 to buyers.

The agreement was to help government reduce the exchange rate and enable importers easy access to forex.

Critics have said the clampdown will further make the dollar scarce and reflects government not allowing a free market.

The clampdown has, however, forced some of the money changers to go into hiding to sell at a higher rate to buyers.

FG To Procure 40 Rice Mills For Self-sufficiency

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The Federal government says it is facilitating the procurement of additional 40 large-scale rice mills to achieve self-sufficiency in rice production by 2018.

Chief Audu Ogbeh, Minister of Agriculture and Rural Development, disclosed this in Abuja on Thursday at a workshop themed “Big Boost for Agro Diversification and Export.’’

Ogbeh said that the Integrated Rice Mills (IRMs) of the Ministry had increased the rice milling capacity in the country.

He said that the Ministry’s new goal was to attain self-sufficiency in food production and annually export 10 million metric tonnes of food to ECOWAS region and beyond by 2019. According to the minister, the country’s food import bill has further declined from N1.1 trillion in 2009 to N684 billion in 2013.

“Nigeria has huge agricultural potentials with 11 million hectares of arable land but only cultivates 40 per cent; 263 billion cubic metres of water with two of the largest rivers in Africa.

“We have a cheap labour force to support agriculture intensification. We grow our food, feed ourselves and create local and international markets for our farmers and also unlock our enormous potentials in agriculture.

“We can achieve the economic diversification goal of government and surmount the present economic recession.

“I hope with the help of the Pentair, Good Rain, Dayu irrigation, Zhong Zhou Poultry, Jinan and our local companies, we will diversify and get out of recession in no time,’’ Ogbeh said.

Don Ekesiobi, Managing Director, Eurobase Nigeria Limited, the workshop organiser, said his company and the Ministry of Agriculture brought to Nigeria six world leading agro companies for partnership.

Ekesiobi said that the companies would introduce and showcase for adoption, technologies to turn around neglected agro value chain of the country in six months.

Credit:

http://guardian.ng/news/fg-to-procure-40-rice-mills-for-self-sufficiency/

Godogodo Death Toll Hits 40, As Mob Hacks 14 Herdsmen Dead

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The death toll from the invasion of Godogodo in Jema’a Local Government Area of Kaduna State, between last Saturday and Sunday, has risen from 20 to 40, according to sources from Southern Kaduna Peoples Unions, SOKAPU, the umbrella body of the 67 tribal groupings of Southern Kaduna.

However, Kaduna State Police spokesman, ASP Usman Aliyu, said that he had not been informed of any figure higher than the Sunday figure of 20, but agreed that the casualty figure could be higher.

Meanwhile, a mob attack on herdsmen in Kaduna left no fewer than 14 persons “hacked and burnt” to death. A commercial bus driver, Adamu Aliyu, told newsmen yesterday: “I was returning from Plateau State with eight passengers, all of them Fulani herders. My bus broke down in Kaduna State, so I left it to go search for a mechanic.

“While I was away, a mob surrounded the vehicle and forcibly brought out the eight passengers. They hacked them to death, dumped them in the vehicle and set it ablaze.

“Another vehicle was also attacked, when it stopped to refuel and all the six people were burnt to death along with the car.”

Aliyu said a riot broke out in the streets, with soldiers and policemen finally intervening to contain the carnage.

Read More:

http://www.vanguardngr.com/2016/10/godogodo-death-toll-hits-40-mob-hacks-14-herdsmen-dead/

Floyd Mayweather Brags About Retiring Before 40

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World’s No 1 Boxer, Floyd Mayweather, who is fond of flaunting dollar stacks on social media brags about another mile stone achievement in his life.

 Mayweather believes he can live the rest of his life without having to work or fend for an extra dollar. He shared a photo of himself on Instagram and captioned:

Somewhere in the tropical world doing what the f*ck I want to do and yes, I retired before the age of 40. ????

https://instagram.com/p/82WAypR3bd/?taken-by=floydmayweather

Borno Assembly Reduces Gov. Shettima’s Aides From 40 to 20

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The Borno State House of Assembly on Wednesday slashed the number of Special Advisers to the Governor from 40 to 20.

Gov. Kashim Shettima had sent list of 40 nominees to the Assembly, but the members approved 20.

The Speaker, Alhaji Abdulkarim Lawal, said at the plenary session that the reduction was due to the state’s financial position, as well as to check the cost of governance.
The motion for the reduction of the number of advisers was moved by Alhaji Mohammad Zakari, the House Leader.

In another development, the speaker announced the appointment of Mr Ayuba Wukawa, representing Hawul Constituency, as the Deputy House Leader, and Alhaji Audu Mustapha, representing Magumeri Constituency as the Chief Whip.

Credit: NAN

40 Killed In ‘Boko Haram’ Attacks In Borno

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At least 42 people were shot dead by suspected Boko Haram gunmen in attacks on two villages in Biu and Hawul districts of northeast Nigeria’s Borno state, a police officer said on Wednesday,

“We received reports of attacks by suspected Boko Haram gunmen on the two villages in which 42 deaths were recorded,” the officer said from Biu, 180km south of Maiduguri, the state capital.

A Biu resident confirmed the attack on the villages.

Credit: AFP

Petrol Tanker Explodes In Onitsha, 40 Killed (PHOTOS)

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No fewer than 40 persons were burnt beyond recognition yesterday at the ever- busy Upper Iweka in Onitsha, Anambra State when a petrol tanker exploded at the Asaba Park axis after a suspected brake failure.

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Fourteen L300 buses loading passengers inside the park and three motorcycles plying the area as at the time of the incident were also burnt. Among those killed in the fire were a  pregnant woman and little babies.

The tragic incident, which occurred at about 2.30p.m. threw residents and travellers in the commercial city of Onitsha into panic. Many wailed uncontrollably at the site of the charred remains  of the victims.

Victims of the accident were mostly drivers and passengers at the park, free readers who thronged the newspaper stands along the park, vendors and hawkers  in the area.

An eye witness, Victor Ugwumadu, said the driver of the petrol-laden tanker was descending the Upper Iweka flyover from the Enugu-Nkpor end of the expressway when the vehicle lost its brakes and the driver divaerted the vehicle into the busy NITEL Lane, where different transport companies load their vehicles before finally hitting the Asaba Park and ramming into the VIP toilet building, killing many people in the process.

Credit: sunnewsonline