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ABCON commends CBN for sale of interbank FX to eligible BDCs

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The Association of Bureau De Change Operators of Nigeria (ABCON) has commended the Central Bank of Nigeria (CBN) for lifting the suspension of sales of interbank foreign exchange to its members nationwide.

Its President, Dr Aminu Gwadabe, gave the commendation in a statement on Friday in Lagos.

The News Agency of Nigeria (NAN) reports that the apex bank lifted the ban in a circular on Thursday to meet expected seasonal demand for foreign exchange.

CBN opened a temporary window from Dec. 19 to Jan. 30, 2025, for all existing BDCs to purchase FX from authorised dealers, subject to a weekly cap of $25,000.

Gwadabe expressed delight that CBN also considered its members’ accessibility to the new Electronic Foreign Exchange Matching System (EFEMS) market through the banks.

“This development is a testament to the CBN’s recognition of our third-level roles in the foreign exchange market architecture,” he said.

He listed benefits to be achieved in the implementation of the circular to include job creation, taming inflation, and boosting FX liquidity to the retail end, among others.

“To our members, it will revitalise our operations, making us functional and profitable.

“It will also improve our compliance obligations to security and monetary agencies.

“I therefore urge all our members to act within the directives in the circular and ensure the desired result of the appreciation of our local currency is sacrosanct,” he said.

According to him, BDCs should render their returns regularly, operate inside their offices and ensure seamless automation of their process.

“Finally, I plead with the banks to ensure transparency, level playing field in the discharge of their responsibilities to our members nationwide,” he said. (NAN)

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Nigerians Joining APC Doing So Freely – Presidency

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In a statement issued on Sunday by Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, the government reaffirmed its commitment to democratic principles. Onanuga insisted that the act of politicians switching allegiance does not equate to a breakdown of democracy. Rather, it is a testament to the freedom of association enshrined within the country’s political framework.

Onanuga explained, “Nigerians joining the APC and pledging loyalty to President Tinubu are doing so freely, motivated by a belief in the positive direction of the reforms underway, intended to benefit both current citizens and future generations.”

The recent defection of prominent figures such as Delta State Governor Sheriff Oborevwori, former Governor Ifeanyi Okowa, Deputy Governor Monday Onyeme, several commissioners, and numerous local government chairmen. Notably, Okowa had served as the vice-presidential candidate for the People’s Democratic Party (PDP) in the last general elections, making his switch particularly impactful.

The defection significantly weakened the PDP’s standing, raising questions about the opposition’s ability to effectively challenge the ruling party in the 2027 elections. Meanwhile, internal crises continue to plague other major opposition parties, including the Labour Party and the New Nigerian Peoples Party (NNPP), leading many political observers to speculate about the future competitiveness of Nigerian politics.

In response to allegations that the ruling APC might be engineering the collapse of opposition forces through coercion, the Presidency was unequivocal in its denial. Onanuga argued that the disorganisation, internal strife, and poor leadership plaguing opposition parties cannot be laid at President Tinubu’s feet.

“It is not the responsibility of President Tinubu or the APC to organise or salvage the opposition,” Onanuga stated. He added that the same critics now crying foul had previously celebrated the defection of former Kaduna State Governor Mallam Nasir El-Rufai to the Social Democratic Party (SDP) and the formation of regional coalitions aimed at unseating Tinubu.

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He further questioned why there was no outcry when opposition figures cobbled together anti-APC alliances along regional lines, while every defection to the APC is now painted as evidence of democratic decline.

Onanuga also stressed that politicians must be free to change party affiliations without facing accusations of betrayal or coercion.

He remarked, “Without freedom of choice, association, and speech, democracy cannot survive. Politicians and citizens alike must have the liberty to support any political platform without fear.”

The Special Adviser criticised those who accuse the government of authoritarian tendencies, arguing that their very ability to express dissent freely is proof of Nigeria’s democratic vibrancy under Tinubu’s leadership.

He stated, “Those who oppose this administration do so without fear or repression. This shows that democracy is alive and well in Nigeria, despite the alarmist narratives pushed by a few discontented voices.”

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Gen. Katunku Simon Gora, A Leader With Humility, Purpose, Positive Heart For Service

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By Tambaya Julius, Abuja

I’AM ROOTED IN HUMANITY AND DRIVEN BY IMPACTIVE SERVICE:

With nearly 30 years of exemplary military service behind me, my approach to leadership has always been anchored in humility and a profound respect for every individual. These principles are not mere concepts; they are deeply embedded values that influence every decision and action I take.

I firmly believe that true love and genuine selfless service can only originate from God. It is His presence within our hearts, minds, and strength that empowers us to extend sincere care and support to one another. My faith has been the guiding force, shaping my view that life’s true rewards come not from accolades, but from lifting others in their time of need.

Witnessing suffering – whether through poverty, disease, or adversity – stirs a deep compassion within me. I remain steadfast in my hope that one day, the essential needs of every community will be fully met. This vision continues to inspire my goals and fuels my enduring commitment to service.

MY LIFE BUILT ON PURPOSE AND INTERGRITY:

Integrity stands at the core of everything I do. I believe in living authentically, staying true to the person I am, while always striving to evolve into the person I am destined to become. God has blessed each of us with the gift of free will, and with it, the profound responsibility to use that freedom wisely.

Every goal I set is purposeful, pursued with enthusiasm, and carried out with unwavering dedication. Regardless of the final result, I find contentment in knowing that I have given my best, embracing each outcome with gratitude and humility.

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Purpose, for me, is not a mere ambition; it is the reason for living. It is about making a tangible impact, however big or small, and knowing that one’s life has contributed meaningfully to the world.

FULFILLING MY CALLING OF SERVICE:

The most profound mission in life, I believe, is to answer the call for which we were created. Whether on the battlefield, within the community, or through personal growth, I have always sought to serve a purpose greater than myself.

Every act of service, no matter how modest, contributes to a larger tapestry of positive change. I am committed to ensuring that my time, my talents, and my energy are dedicated to making a difference leaving behind a legacy of compassion, strength, and hope.

To me, success is not measured by personal achievements alone but by the lives we touch and the hope we inspire. If through my service I can make even the smallest difference, then I believe I have truly fulfilled my purpose.

WE MUST UNITE IN PROGRESS AND HOPE:

I firmly hold to the belief that unity is our greatest strength. “United we stand, divided we fall” is more than just a phrase; it is a timeless truth that reminds us of the power of collective effort. By standing together, supporting one another, and striving for common goals, we create a future rich with promise and opportunity.

Growth and progress are not achieved in isolation. They flourish when communities come together, bound by mutual respect, understanding, and a shared commitment to a better tomorrow. It is through unity that we overcome adversity, and through cooperation that we achieve lasting success.

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The journey ahead may be filled with challenges, but with a spirit of togetherness and an unwavering focus on service and integrity, I am confident that we can continue to grow, prosper, and uplift one another.

I STAND ON LEGACY OF SERVICE AND FAITH:

As I reflect on my life’s journey, I remain deeply grateful for the experiences that have shaped me. Every moment of service, every challenge faced, and every act of compassion has reinforced my belief that a life of humility, purpose, and unwavering faith is a life well lived.

May we all strive to serve with heart, live with purpose, and unite in a spirit of hope and progress. Together, there is no limit to what we can achieve.

United We Stand – Divided We Fall. Together, We Grow and Progress!

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Kaduna State to hold education summit – Commissioner

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Kaduna State Government will convene an Education Summit as part of its strategy to bring about transformative change in the education sector, which will be anchored on four strategic pillars.

The Commissioner for Education, Professor Muhammad Sani Bello, who disclosed this while inaugurating the steering committee, further said that the event will be titled KADA EDUPACT International Summit 2025″.

According to him, one of the pillars is the Policy/Governance/Innovative Education Financing Pillar.

The Commissioner also listed the Access and Retention, Credible Learning Outcomes From Quality Inputs Pillars, as well as the Technology and Innovation pillars.

Prof Bello argued that the main objective of the summit is “to forge an Educational Pact between the government and the people, establishing commitment to shared model for education delivery, measurable outcomes and clearly defined negotiables.”

He further said that experts will make motivating presentations, adding that the Summit will provide opportunity for robust discussions on local and international investments in education, policy-making as well as technological innovations for improved teaching and learning.

The Commissioner also assured that a comprehensive education development roadmap for Kaduna State would fashioned out during the summit.

He said that the Director General of Kaduna State Schools Quality Assurance Authority, Professor Usman Abubakar Zaria, will coordinate the activities of the steering committee, whose membership cuts across relevant Ministries Department and Agencies.

Sub-committees to handle various aspects of the summit were announced immediately after the steering committee was inaugurated.

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