• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Saturday, January 3, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home National

Forex Crisis: Governors Converting Monthly Allocations To Dollars, Rights Activist Alleges

Ojimaojo Abubakar by Ojimaojo Abubakar
February 22, 2024
in National, News
0
Forex  Crisis: Governors Converting Monthly Allocations To Dollars, Rights Activist Alleges
0
SHARES
13
VIEWS
FacebookTwitterWhatsappEmailTelegram

Executive Director of Cell HUB, a leading data mining and public relations company, Idris Etanami Usman, has expressed grave concerns over the economic crisis plaguing the nation.

Investigations his company conducted, uncovered alarming evidence pointing towards the complicity of certain state governors in exacerbating the dire situation.

In a statement made available to newsmen, Usman said “it is regrettable and we must highlight the role of several state governors in Nigeria in exacerbating the current economic crisis. Findings reveal a pattern of behavior wherein these governors have actively engaged in the conversion of state monthly financial allocations from the local currency of Naira to United States dollars.

RelatedPosts

Midnight Inferno Claims 6 Lives in Plateau

ADC releases timetable, guidelines for 2025/2026 congresses, convention

DWI Accuses EFCC of Political Bias, Warns Against Vendetta On Gov Mohammed

“This conversion not only undermines the stability of our national currency, but also raises serious questions about the transparency and accountability of these governors’ actions.”

He said despite receiving substantial financial support from the Federal Government, governors have failed to adequately provide palliatives for citizens who are suffering under the weight of economic hardship.

“At a time when millions of Nigerians are struggling to make ends meet, the failure of state governors to fulfill their obligations to the people is both reprehensible and inexcusable.

“It is clear that the actions of these governors have contributed significantly to the economic crisis facing our nation. By prioritising personal gain over the well-being of their constituents, they have betrayed the trust placed in them by the Nigerian people. We call upon these governors to be held accountable for their actions and to take immediate steps to rectify the damage they have caused.

ALSO READ:  President Buhari Commission N9 Billion Irrigation Project In Jigawa

“Additionally, we urge the relevant anti-corruption agencies to conduct a thorough investigation into the financial practices of these governors and to ensure that appropriate measures are taken to prevent such misconduct in the future. The people of Nigeria deserve leaders who are committed to serving the public good and upholding the principles of transparency and accountability.

“As a responsible corporate citizen, Cell HUB remains committed to using our resources and expertise to promote transparency and accountability in governance. We will continue to monitor the situation closely and provide updates as necessary,” the statement read.

Previous Post

Niger-Delta Based Women Group Rejects Plan To Sell Shell’s Onshore Assets

Next Post

Edo 2024: Ighodalo emerges PDP candidate, promises to lead Edo on path of prosperity

Ojimaojo Abubakar

Ojimaojo Abubakar

Abubakar Ojimaojo is a graduate of Mass Communication, political and football analyst currently work at elanzanews.ng as Editor. He pride himself as skilled wordsmith with a passion for delving into contemporary political issues on both national and international scale.

Related Posts

Midnight Inferno Claims 6 Lives in Plateau

Midnight Inferno Claims 6 Lives in Plateau

by Nathaniel Irobi
January 2, 2026
0

A midnight inferno occurred around the old Mangu market in the Mangu local government area of Plateau State. The fire...

ADC Demands Halt to N712bn Lagos Airport Renovation Plan

ADC releases timetable, guidelines for 2025/2026 congresses, convention

by Elanza
January 2, 2026
0

The African Democratic Congress has released a timetable and guidelines for its 2025/2026 congresses and national convention. The party announced...

EFCC Recovers ₦566 Billion, $411 Million, and 1,502 Assets Over Two Years - Olukoyede

DWI Accuses EFCC of Political Bias, Warns Against Vendetta On Gov Mohammed

by Elanza
January 2, 2026
0

The Democracy Watch Initiative (DWI), has condemned what it described as the misuse of the Economic and Financial Crimes Commission...

Next Post
Edo 2024: Ighodalo emerges PDP candidate, promises to lead Edo on path of prosperity

Edo 2024: Ighodalo emerges PDP candidate, promises to lead Edo on path of prosperity

NASS Suspend Ban On Spirits, Alcohol In Sachets, Pet Bottles

NASS Suspend Ban On Spirits, Alcohol In Sachets, Pet Bottles

Recommended

Dogara Urges Nigerians To Face 2026 With Hope, Unity

Dogara Urges Nigerians To Face 2026 With Hope, Unity

2 days ago
Hajj 2026: Ogun Sets 28 January Deadline for Payments and Registration

Hajj 2026: Ogun Sets 28 January Deadline for Payments and Registration

2 days ago

Popular News

  • Danji Shiddi’s Political Profile Rises as Taraba Faces Governance Debates Ahead of 2027

    Danji Shiddi’s Political Profile Rises as Taraba Faces Governance Debates Ahead of 2027

    0 shares
    Share 0 Tweet 0
  • Court Ruling Applies Only To FCT Traffic Agency, Says CDCROF

    0 shares
    Share 0 Tweet 0
  • Gunmen Strikes Lere Local Gov’t Of Kaduna, Four Feared Dead

    0 shares
    Share 0 Tweet 0
  • VON’s Bonuola-Ozurumba Shines in WIN’s Global Leadership Accelerator

    0 shares
    Share 0 Tweet 0
  • DRTS Jabi Officers Hail Yeldu’s Appointment

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (808)
  • Education (243)
  • Entertainment (335)
  • Health (225)
  • National (2,914)
  • News (9,401)
  • Opinion (374)
  • Politics (1,853)
  • Science (15)
  • Security (411)
  • Sports (565)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform