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President Buhari Says He Is Very Disappointed In The Nigerian Media

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President Buhari says he is very disappointed with the way the Nigerian media has lived up to its responsibility, accusing the Nigerian media of failing to highlight the progress of his administration in the agricultural sector.

Buhari disappointed

Buhari said this at a dinner he hosted for young political appointees at the presidential villa, Abuja, on Wednesday.

He noted that his government has been able to make agriculture more lucrative than white- collar jobs.

He added that his government had reduced importation of rice by 90 percent.

“I’m very disappointed with the Nigerian press. They didn’t give this government the credit of the ‘go back to land programme’,” he said.

“We have cut down the importation of rice by at least 90 percent… I foresaw our problem in agriculture and did the right thing and today, people are much better. In terms of unemployment, our able-bodied persons that do not have education and can’t get white-collar jobs, went back to till the land and today, none of them is regretting it.”

He condemned the rush by some Nigerians, especially the youth, in search of greener pastures abroad, saying his administration is determined to transform the country.

He said: “If people don’t feel good about this country, let them go and find out what is happening elsewhere but we are going to stay here and we are going to salvage this country together.

“I have gone through a lot, I have been Governor, I was in charge of our petroleum sector for over three years, I was Head of State and now I have come without the uniform and have visited each of the 774 Local government Areas in this country.

“The intention of this administration is to do the infrastructure and give education and healthcare to our people especially the poor.”

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Tramadol and Codeine found in remains of Boko Haram suicide bombers – NAFDAC

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Tramadol and Codeine found in remains of Boko Haram suicide bombers - NAFDAC

The National Agency for Food Drug Administration and Control (NAFDAC) On Monday October 14, revealed that tramadol and codeine were often found in the remains of suicide bombers contracted by Boko Haram insurgents.

 

Prof. Mojisola Adeyeye, the agency’s Director-General who spoke during a courtesy visit to Oyo State Governor Seyi Makinde, said the importation of the illicit drug had a dramatic increase after NAFDAC was barred from the Nation’s ports for over 7 years.

 

“We have had a lot of problems that predated me and one of the problems is that NAFDAC was removed from the ports for seven years (2011-2018) and the damage that was done during the seven years, we are still mopping the damage, as we speak. I never knew that I would come home and start battling tramadol, codeine, that have destroyed so many young lives and I have often told people that Nigeria cannot be greater than her youths.

“So, I take this very personally and for the first five months I was running to ensure we returned to the ports and the NSA office came to help us because we found out that even our children the Boko Haram sent on suicide mission, that their remains contain tramadol. So, it is not about destroying the future alone, it is terrorism. It is destabilisation of the community. But we are able to go back into the ports” she said.

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NIMC: National ID Card Replacement Costs N5,000

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The National Identity Management Commission, says the renewal of the National Identity Card will cost five thousand naira (N5,000) payable through remita.

This was disclosed by its tweeter handle (@nimc_ng) monitored by the News Agency of Nigeria in Abuja on Monday, and confirmed by a staff of the Corporate Department of the NIMC.

NIMC also said that applicants who wish to renew their card can visit any NIMC office with the required documents to obtain their card.

” The requirements include a written application with attached proof of payment receipt made through remita, bank teller, NIN slip and submit it at our office.

” Card renewal costs N5,000 payable through remita.” NIMC tweeted.

The tweet also explained that the main focus of the commission was to ensure that all Nigerians are enrolled.

” Our main focus is ensuring that all Nigerians are enrolled and issued their NIN and Your NIN is the most important token of your enrollment.

According to the commission, Nigerians can authenticate their National Identity Number through the NIMC verification portal.

”Your NIN can be authenticated through our verification portal without your card” NIMC tweeted.

” You will be issued your cards when funds permit, Please bear with us and Your NIN is generated immediately for you upon successful completion of your enrolment.”

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CBN issues fresh guidelines on payments system

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CBN Headquarters Abuja

The Central Bank of Nigeria (CBN) on Thursday issued regulatory guidelines for the operation of Indirect Participants in the Payments System, with effect from Nov. 11.

The apex bank made this known in a circular issued by CBN’s Director, Payments System Management Department, Mr Sam Okojere, to banks.

The Indirect Participants are payments service providers who are non-clearing financial institutions but settle their payments obligations through clearing banks.

According to the guideline, to qualify as an indirect participant, an institution shall: have a satisfactory risk-based rating from the CBN and secure a letter of recommendation from its direct participating bank, signed by the Chief Risk Officer and an Executive Director of the direct participating bank.

The bank also directed that an indirect participant expected to settle all its payments obligations through only one direct participating bank per payment scheme at any given time.

“The relationship between a direct participating bank and an indirect participant shall be governed by a Settlement Agreement.

“Where the account of an indirect participant with a direct participating bank is not adequately funded, the direct participating bank may decline further settlement services to the indirect participant and inform the payment processor accordingly.

“Except as otherwise agreed, a direct participating bank or an indirect participant shall give at least thirty 30 days’ notice to the other party before terminating the Settlement
Agreement for any other reason apart from the circumstances in 3.4.

“The terminating party shall notify the Payments Service Provider (PSP) of its intention to terminate.

“A direct participating bank and an indirect participating bank shall enter into a bilateral agreement to guide the relationship.

“Where an indirect participant connects directly to a PSP for transaction processing, the indirect participant, direct participating bank, and the PSP shall enter into a tripartite agreement”, the bank directed.

It also directed that indirect participants must process their e-reference instruments through the direct participating bank or directly, through the Nigeria Inter-Bank Settlement System (NIBSS).

“In the latter option, NIBSS shall indicate the source, (bank, indirect participant)
of the e-reference requests.

“The receiving bank shall not discriminate between e-references originating from banks and indirect participants.

“An indirect participant shall comply with the applicable provisions of the Nigeria Bankers’ Clearing System Rules (NBCS)”.

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