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Reps investigate planned retirement of 1000 CBN staff

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The House of Representatives has launched an investigation into the planned retirement of 1,000 staff of the Central Bank of Nigeria (CBN)

The resolution followed the adoption of a motion of urgent public importance by Rep. Kama Nkemkama (LP-Ebonyi) during plenary on Tuesday.

The motion is entitled, “Need to Investigate the Retirement of over 1,000 Staff of the Central Bank of Nigeria (CBN) and the Associated N50 Billion Payoff Scheme.”

It would be recalled that, a national media outlet announced on Dec. 2 that the CBN planned to retire over 1,000 members of staff across various levels.

The media report claimed that the retirement was part of restructuring process under the CBN Governor’s leadership with a N50 billion payoff scheme to compensate the affected staff.

Presenting the motion, Nkemkama stated that the sudden mass retirement of over 1,000 staff, including directors and senior management, raises critical questions.

These, according to him, include the criteria for selection, transparency, and adherence to due process in line with public service guidelines and labour laws.

He said that such a significant decision has socio-economic implications for the affected individuals, their dependants, and the broader economy.

This, he said, would potentially lead to increased unemployment and public dissatisfaction.

He expressed worry that the reported payoff scheme amounting to N50 billion might lack sufficient accountability and oversight mechanisms.

The lawmaker said that this would pose risks of mismanagement and abuse of public funds in a sector vital to Nigeria’s financial stability.

Adopting the motion, the House therefore, constituted a high-level ad hoc committee to investigate the planned mass retirement of over 1,000 staff of the CBN

The House stated that this was to ascertain the criteria, process, and legality of the exercise.

The House said that it would also examine the N50 billion payoff scheme to ensure transparency, accountability, and proper utilisation of funds.

The House also resolved to engage the leadership of the CBN to evaluate the potential economic and institutional impact of mass retirement on Nigeria’s financial sector.

The House urged the CBN to suspend further implementation of the retirement exercise and associated payoff scheme pending the outcome of its committee’s investigation.

The House further called on the Federal Ministry of Labour and Employment to ensure that the rights of the affected staff were protected in accordance with Nigerian labour laws.

The House requested the committee to report back to the house within four weeks for further legislative actions.

 

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Katsina State Govt. earmarks N5bn for affordable housing

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The Katsina State Government, has earmarked N5 billion for the construction of affordable housing units for residents of the state.

The General Manager, Katsina State Housing Authority, Mr Aliyu Rabiu-Kurfi, made the disclosure in an interview with the News Agency of Nigeria (NAN), on Tuesday in Katsina.

Rabiu-Kurfi expalined that N2.5 billion, would be utilised by the government to construct 100 housing units in the state capital.

He said that the other part might be spent on fencing and site clearance of another land to be procured in Abuja, adding that a final decision had not been reached on that.

“A decision is not yet reached, the government might clear the land, put in place all required infrastructure and make provision for individuals to come and build their own houses, both private individuals and developers.

“So, our governor has good plan for housing sector in the state, beginning from this year.

“The governor has already designed a policy tagged ‘Katsina State Housing Policy, 2024’, to serve as foundation and cornerstone for all programmes in the sector,” he said.

He general manager also revealed that the successive state governments had so far constructed 1,848 housing units since the creation of the state in 1987 to date.

“The state has always been blessed with governors who have been patriotic in establishing housing estates.

”These housing estates have been established in Batagarawa, Kofar Marusa, Ahmadu Coomassie, Goruba, all in Katsina district.

”Some were also built in Dutsin-ma, Kankia, Daura, Mani, Funtua and Malumfashi, Barhim, Sarki Abdulrahman, Fatima Shema, Ahmadu Bello Sardauna, Federal Teaching Hospital, Katsina, and one in Abuja,” he said.

Rabiu-Kurfi disclosed that while some of the houses were allocated to civil servants, others were allocated to private individuals.

He however said that those allocated houses still had about N2 billion yet to be paid to the state government.

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NDLEA arrest man, 75, with illicit substances in Kano

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The National Drug Law Enforcement Agency (NDLEA), Kano State Command, has arrested a 75-year-old man, Nuhu Baba, for allegedly selling illicit substances for over two years to youths in the state.

The command’s Public Relations Officer (PRO), Mr Sadiq Muhammad-Maigatari, disclosed this in a statement made available to the News Agency of Nigeria (NAN) on Tuesday in Kano.

Muhammad-Maigatari said the suspect, upon investigation, confessed he was engaged in the illicit trade in his community Tumbau Village, Gezawa Local Government Area, as a means of sustainance.

“Baba’s case underscores the alarming reality of drug trafficking and abuse, which affects individuals across all demographics, including the elderly.

“This incident serves as a stark reminder of the pervasive nature of substance abuse within communities.” he added.

The PRO said that the command successfully recovered various illicit substances such as Tramadol, Cannabis Sativa, Diazepam, Exol-5, and Rubber Solution.

According to him, the State Commander of the agency, Mr Abubakar Idris-Ahmad, has reaffirmed the agency’s commitment to combating drug abuse and trafficking in the state.

He emphasised the importance of community involvement in the fight against drug trafficking and urged the general public to remain vigilant and report any suspicious activities related to drug trafficking.

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Police begin enforcement of third-party insurance in Jigawa

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Police rescue 14 passengers from bandits in Jibia

The Police Command in Jigawa says it has begun the enforcement of the Third-Party Motor Insurance Policy across the state.

The Command’s Spokesperson, SP Lawan Shiisu, made this known in a statement made available to newsmen in Dutse on Tuesday.

Shiisu said the enforcement aligned with the directive of the Inspector-General of Police, Dr Kayode Egbetokun.

The spokesperson, therefore, advised vehicle owners to have valid third-party insurance “to avoid any embarrassment”.

“In accordance with section 68 of the Insurance Act 2003, the Jigawa Police Command initiated the implementation of third-party vehicle insurance on Feb.1, 2025, across the 27 local government areas of the state.

“This is in compliance with the directive issued by the Inspector-General of Police, Dr Kayode Egbetokun, to all state police commissioners,” he said.

Shiisu added that the state Commissioner of Police, Mr Ahmadu Abdullahi, called on motorists to obtain a valid third-party insurance policy from only licensed insurance entities authorised by the National Insurance Commission.

“Abdullahi emphasised the policy’s importance and noted that in the event of an accident, it is easy to facilitate safety of innocent third parties and ensure financial recovery/compensation for damages, injuries or loss of life.

“The commissioner also warned officers involved in this national assignment to maintain a high level of professionalism, respect human rights, be civil but firm and avoid extortion.

“He also warned that any errant officer found wanting will face disciplinary actions,

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