Central Bank of Nigeria (CBN) has donated N100 million to the Kano State Government for onward delivery to victims of the recent Boko-Haram  bomb attacks in the state.
CBN Governor, Mallam Sanusi Lamido Sanusi, presented the N100 million cheque  to  the Kano State Deputy Governor, Dr. Abdullahi Umar Ganduje, during his condolence visit to the Kano Government House  yesterday.
Sanusi explained that the donation is part of its contribution to assist the state government to alleviate the suffering of direct victims of the violence and their families.
“We are here to commiserate with the government and people of the state on the recent violent incident that claimed the lives and properties of victims and present the contribution of the bank to the state.
 “The incident, from all indications, has deeply shocked the country and the world at large. Our pray is that Almighty Allah will grant those who lost their lives mercy and comfort their families” he said.
Responding, Ganduje expressed appreciation to the management of the apex bank for the gesture, pointing out that it would go a long way in assisting the victims.
He said the incident had greatly affected the state in many respects, adding that “the state government requires the support of patriotic Nigerians to bring comfort to those affected”.

“On behalf of his Excellency, Governor Rabiu Musa Kwankwaso, and the good people of the state, we wish to thank you for this contribution which is a demonstration of the bank`s concern over what has happened.
 “It is very unfortunate that the incident has resulted in the lost of lives and property. Since the attacks, our administration has been doing everything possible to assist the victims.

 “The donation from your bank would definitely go a long way in this regard. We are indeed happy that normalcy is gradually returning to the state.
“As you are aware, Governor Kwankwaso has constituted a committee of elders to advise him on how to tackle the current security challenges confronting the state as well as the nation.

“In order to enhance the security of lives and property throughout the state, the government has resolved to initiate a Security Trust Fund through which donations would be solicited for the purpose of security management”, Ganduje stated.

Nationwide fuel protests sweep Nigeria

Security forces, already under pressure over spiralling violence blamed on a radical Islamist group, were on high alert on Monday as several thousand people took to the streets of the economic capital.Protesters and police have clashed briefly in the city of Lagos, as Nigerians held a national strike over soaring fuel prices in Africa's largest oil producer.
The strike comes after the government's controversial move to end fuel subsidies on January 1, which caused petrol prices to more than double in the continent's most populous nation.
Transport costs have followed suit, sharply increasing the price of commuting in a country where most of the 160 million population lives on less than $2 per day despite its oil wealth.
Al Jazeera's Haru Mutasa, reporting from Abuja, the capital, said that a few hundred people there had tried marching into the city centre.
"Most of the protesters are saying that they plan to be peaceful - but they are very angry, saying that the price of bread has doubled," she said.
Several thousand protesters gathered in the capital despite massive security and were marching toward the city centre.
Authorities vowed to prevent them from going to Abuja's city centre and tried to direct them to another area. Police in Abuja fired tear gas last week to disperse a protest.
Police violence
Much of the country has been united in anger against the move despite a strong push from President Goodluck Jonathan and his economic team to make their case for why fuel subsidies had to be abandoned.
Protests against the decision to end fuel subsidies last week became increasingly volatile, with police firing tear gas and accused of using excessive force to disperse demonstrators.
A union also accused police of shooting dead a demonstrator last week, but authorities denied the charge, saying he was killed by a mob.
Nigeria's finance minister speaks to Al Jazeera 
The country's House of Representatives held an emergency session on Sunday and approved a measure calling on the government to reinstate fuel subsidies to allow for further consultations on the issue.
There was however no sign the government would back down.
Jonathan sought to win support for the government's move in an address on national television on Saturday night, but unions rejected it.
The president pledged to reduce salaries for political office holders in the executive branch by 25 per cent as well as to improve public transport, including rail lines, among other areas.
"To save Nigeria, we must all be prepared to make sacrifices," he said.
Economists say removing fuel subsidies is vital for the country to improve its woefully inadequate infrastructure and ease pressure on its foreign reserves.
The government says it spent more than $8bn on subsidies in 2011.
Many Nigerians view the subsidies as their only benefit from the nation's oil wealth, and lack any real trust in government after years of deeply rooted corruption.


Aso Rock Earmarks N5billion To Furnish Mrs. Jonathan’s Ngo Hq …She also Sacks Govt. Parastatal From Office

The Institute for Peace and Conflict Resolution, Abuja, a parastatal established by a government Gazette in 2007 was on Wednesday sacked by the office of the First Lady to give way for her pet project.
It was gathered that three-quarters of the office complex has been re-allocated to the African First Lady Peace Initiative, a non Governmental Organization of the First Lady, Dame Patience Jonathan.
It was authoritatively gathered that the Director-General of the Institute, Dr. Joseph H.P Golwa was summoned to the Presidential Villa, Aso Rocks, Abuja and given matching others to evacuate two-third of the Institute’s staff from its operational base.
Shortly after the Aso Rocks meeting, it was gathered that some officials of the office of the First Lady visited the Central Area office of the Institute in company of a white man suspected to be the contractor contracted to rehabilitate the Institute’s building.
The contractor, it was gathered, was told to create a separate gate, reception and other conveniences for the First Lady for a contract sum of N5 billion. Presidential sources, however, claim that the renovation of the building was awarded for N500million.
The contract, Saturday Life learnt, was not captured in this year’s budget, besides, the office of the First Lady is not known to the First and Second Amended 1999 Constitution of the Federal Republic of Nigeria.
We were reliably informed that the ejection order served staffers of the Institute dislocated four Directors, the whole of the accounts department and more than half of the Institute’s researchers.
The affected directors include the Director of Research and Policy analysis, Director of Democracy, Director of Defence and Security and the Chief Accountant of the Institute.
“Right now, one wing of the Institute has been taken over. They took over the main gate, the parking spaces and the reception area. You will be sorry for our staff as the white man came and gave us 24 hours to pack our office equipment. The Directors were so helpless but they could not say a word for fear of being victimized”, the source stressed.
Attempts to speak with the Chief Press secretary to the First Lady, Mr. Ayo Oshinlu on his Glo mobile number that ends with 806 were unsuccessful. He refused to pick his calls since Wednesday but a Presidential source informed Saturday Life that the issue was a closed one adding that the attention of the First Lady is being channeled towards an International engagement in the first quarter of next year.
Some civil servants in Abuja wondered why the First Lady did not consider buying a property with the money budgeted for the renovation. They argued that Late Mrs. Maryam Babangida used the money she realized from her NGO to build the Women Development Centre located adjacent the Central Bank of Nigeria, CBN.
Wife of the late maximum dictator, General Sani Abacha, Mariam, through her NGO build the now popular National Hospital, Abuja, it is located near the bombed United Nations House, Abuja. Late wife of Former President, Stella Obasanjo built a structure and began operation at Bwari, Abuja for her NGO, Child Care.
The pattern was, however, altered in the case of Hadjia Turai Yar’adua as several billions realized during the launch of her pet project, and meant to address health challenges of cancer patients allegedly went to her private purse. She is currently hibernating in Dubai.
Dame Jonathan’s NGO had early last year attempted to forcefully take over part of the land allocated to the National Judicial Institute, NJI, along Jabi- Airport road, Abuja.

Culled: pointblanknews


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