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Business

Crush bandits, kidnappers, their collaborators and sponsors – Buhari to security agencies

President Buhari has ordered the country’s security chiefs to identify and crush bandits, kidnappers, their local collaborators and sponsors.

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Travel portal, FG to release 30,000 tons of maize to poultry farmers after import ban, President submits 2021-2023 MTEF to National Assembly, public holiday, inflation, President Buhari reappoints Ben Akabueze as DG Budget office,, #EndSARS Protest: FG denies plans of monitoring calls and social media

President Muhammadu Buhari has ordered the country’s security chiefs to identify and crush bandits, kidnappers, their local collaborators and sponsors to restore confidence in the society.

The directive came during a meeting of the president with the security chiefs at the State House, Abuja, on Tuesday, before his departure to the UK for a routine medical checkup.

This was disclosed by the National Security Adviser (NSA), retired Maj. Gen. Babagana Monguno, while briefing State House correspondents at the end of the meeting.

READ: IGP says protesters attacked 205 public, private facilities

What the National Security Adviser is saying

Monguno pointed out that the president warned that his administration would no longer accept a situation where bandits, kidnappers and other criminal elements are dictating the pace in the fight against insecurity in the country while the security agencies remained reactionary.

The NSA in his statement said, “Mr President has made it very clear to both the intelligence and operational elements that their first assignment will be to identify the leaders of these bandits and kidnappers and take them out in order to restore confidence in those areas.

Mr President has said that he will no longer tolerate a situation where bandits and kidnappers are the ones dictating the pace and setting the tones and he will not also condone a situation in which our own operations are reaction rather than being proactive,” he said.

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Sigma Pensions

The NSA also revealed that the president insisted that all those agents of disunity and chaos among peace-loving Nigerians must be targeted in his directive to the service chiefs and intelligence community.

He said: “I’m also to send out a warning to those people who think they can continue to behave in a manner that undermines national security. Those people engaging in all kinds of underhanded, unscrupulous, mischievous and deceitful practices, people who are working with those that are in government, in particular, critical agencies of government.

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We have been able to identify certain areas that are weak and these areas have to be strengthened so that these characters who are engaging in acts that you can describe as outright acts of brigandage, people who are behaving in a manner that portends a lot of danger to innocent lives, have to be fished out.

This is the directive from the President, I am to send a warning to those people who think they’re in close proximity with those who have the instruments to make the space easy for criminals, those people who think they have some kind of authority, who are engaging in all kinds of Hocus Pocus in all kinds of jiggery-pokery or skullduggery. These people will be brought down to their knees.’’

READ: FG declares ‘no-fly zone’ in Zamfara, bans mining activities in the State

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What you should know

It can be recalled that while issuing an earlier warning, President Buhari had said the government is reluctant to deploy excessive force against the bandits because of the fear of heavy casualties among the innocent.

He had also ruled out the possibility of granting amnesty to bandits, kidnappers and insurgents in the country as the government will continue to decisively deal with them.

Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

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Business

CBN includes sugar, wheat on FX restriction list

The CBN is set to include sugar and wheat in the forex restriction list.

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CBN forex restrictions on food itemsCBN approves new cheque standard for banks

The Central Bank of Nigeria has announced plans to place sugar and wheat on its FX restriction list.

The plan was disclosed by the apex bank via its verified Twitter handle in a statement credited to the CBN governor, Godwin Emefiele.

The tweet stated: “Sugar and Wheat to go into our FX restriction list. We must work together to produce these items in Nigeria rather than import them. #Emefiele.”

It would be recalled that over the years, the CBN has been reviewing its list of restricted food items to include more items, with the most recent being the addition of maize, a widely-consumed staple food in the country.

What you should know

  • The CBN governor, Mr Godwin Emefiele, had earlier (on Thursday) given this hint while on an inspection visit to the proposed $500 million sugar processing facility in Nasarawa state, belonging to Dangote Sugar.
  • In 2015, the CBN listed 41 items that had been placed on its FX restriction list citing that the move was necessary to conserve the nation’s foreign reserve and boost local production of the items on the restriction list.
  • Some of the items which made the 2015 list are margarine, poultry and eggs, rice, and cement.
  • In 2020, the apex bank included maize in its FX restriction list as it directed all authorised dealers to immediately discontinue the processing of Forms M for maize/corn importation into the country.
  • Nairametrics had also earlier explained in its publication following the new policy shift, that the government’s premise for deciding to restrict FOREX on food is faulty, especially since Nigeria has not attained full food security and the agricultural sector is still struggling.

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Business

FG signs new Sustainable Development Goals agreement with UN

The Agreement is for new development cooperation with initiatives towards achieving Sustainable Development Goals set in the UN Agenda 2030.

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Xenophobia, FG reacts to inclusion of Nigeria on religious freedom blacklist by United States

The Nigerian Government has signed a deal with the United Nations to develop new cooperation towards achieving Sustainable Development Goals.

This was disclosed by the Minister of Foreign Affairs, Geoffrey Onyeama, in a statement on Thursday after the agreement was signed with the United Nations Office for Project Services, UNOPS, represented by Ifeoma Charles.

The Minister said, “On behalf of the Nigerian Government, I signed an agreement with the UNOPS represented by Ifeoma Charles Multi-Country Office Rep. The Agreement is for a new development cooperation with initiatives towards achieving Sustainable Development Goals set in the UN Agenda 2030.”

What you should know 

The 17 Sustainable Development Goals are:

No Poverty; Zero Hunger, Good Health, and Well-being; Quality Education; Gender Equality; Clean Water and Sanitation; Affordable and Clean Energy; Decent Work and Economic Growth; Industry, Innovation and Infrastructure; Reducing Inequality; Sustainable Cities and Communities; Responsible Consumption and Production; Climate Action; Life Below Water; Life on Land; Peace, Justice and Strong Institutions; and Partnership for the Goals.

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