Amos Oge Kalu, Author at OHAFIATV

Dec

09

2022

CBN may ‘tweak’ new cash withdrawal limits, says Emefiele

Business, Economy, NewsBusiness, CBN, Economy, Emefiele, Metro, Nigeria

ABUJA-Central Bank of Nigeria, CBN, Governor, Mr. Godwin Emefiele, yesterday, said that the apex bank would consider tweaking the new weekly cash withdrawal limits of N100,000 and N500,000 for individuals and corporate bank customers. Emefiele, who addressed State House correspondents after meeting behind closed doors with President Muhammadu Buhari in Daura, Katsina State, assured that the apex bank would not be rigid on the policy as it was not meant to hurt anybody but to strengthen the nation’s economy. Emefiele also hinted that over N1 trillion worth of old notes had been deposited by bank customers, adding that the CBN has…

Dec

09

2022

By Amos Oge Kalu

Govt agencies, marketers agree to end petrol scarcity in 48 hours

Business, Economy, MetroBusiness, Economy, Fuel Scarcity, Metro, Nigeria, NNPC

Federal Government agencies and petroleum marketers have undertaken to end the crippling shortage of petrol across the country that has seen pump prices hit N285 per litre. Speaking after a meeting at the Nigerian National Petroleum Company Limited, Nigerian Midstream, and Downstream Petroleum Regulatory Authority, NMDPRA, in Abuja on Thursday, the operators said the depots would work for 24 hours daily until the queues are cleared. The meeting had in attendance officials of the Department of State Services, the Major Oil Marketers Association of Nigeria, Depot and Petroleum Products Marketers Association of Nigeria, Independent Petroleum Marketers of Nigeria, National Union…

Dec

09

2022

By Amos Oge Kalu

DSS gives dealers 48 hours to stop Fuel scarcity or face FG’s wrath

Business, Economy, Metro, News, OpinionBusiness, DSS/EFCC, Economy, Fuel Scarcity, Metro, Next Level, Nigeria, Opinion

Angered by the lingering petrol scarcity in the country, the Department of State Services (DSS) has ordered all the entities in Nigeria involved in the distribution process to make petrol available to Nigerians at the official rate or face the wrath of the government. This was the decision arrived at between the security agency and all the stakeholders in the petrol supply chain at the end of a strategic meeting at the DSS headquarters in Abuja on Thursday. The Spokesman for the DSS, Dr.Peter Afunanya, told journalists at the end of the meeting that the agency would take steps to…

Dec

09

2022

By Amos Oge Kalu

Reps summon Emefiele, order CBN to suspend cash withdrawal policy

Economy, NewsCBN, Economy, Emefiele, eNaira, Next Level, Nigeria, Politics, Representatives

…summon Emefiele for an explanation Thursday next week …angry over the new cashless policy …may prevail on the apex bank to reverse the decision Angry with the N100,000 weekly cash withdrawal limits recently set by the Central Bank of Nigeria (CBN) and its attendant economic and social challenges, the House of Representatives at Thursday plenary asked the Governor, Mr. Godwin Emefiele to suspend implementation of the policy. Emefiele was asked to cause an appearance Thursday next week to explain to the House the impact and significance of the new policy. The suspension is to last pending the outcome of the…

Dec

09

2022

By Amos Oge Kalu

Fani-Kayode accuses Peter Obi, Atiku’s spokesperson of denigrating Tinubu

Opinion, Politics2023, Bola Ahmed Tinubu, Femi Fani-Kayode, Next Level, Nigeria, Opinion, Peter Obi, Politics

A former minister of aviation and member of the All Progressives Congress, APC presidential campaign council, Femi Fani-Kayode said the spokespersons of Peter Obi, and Abubakar Atiku’s presidential campaigns were guilty of denigrating Asiwaju Bola Tinubu. Fani-Kayode stated this in a series of tweets via his verified Twitter handle on Thursday. His words, “A few days earlier I heard another Obi spokesman on yet another Channels Television programme referring to him as “Nebuchadnezzar”, “a monkey” and “Satan.” “The thing that appalled me the most was that in both interviews the moderators allowed him to keep making the point and mocking…