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CBN: Directorate of Communications In The Public Eyes   

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CBN: Directorate of Communications In The Public Eyes   

CBN: Directorate of Communications In The Public Eyes   

By: Balami Lazarus

As a Columnist, writing freely on any issue and subject has espoused me to the art of investigative writing including interrogating questions. I will put it to the public floor that the CBN Communication Department has not been fair to newsmen and other members of the public who have genuine reasons / business to do at their Head Office in Abuja.

Of late our Correspondent was at the Central Bank of Nigeria (CBN) Head Office to verify some issues that had to do with one of their own but met a brick wall – right from the gates having properly identified himself he was not allowed in.

When I looked at the modus operandi of some public corporations, establishments and parastatals in Abuja and how they respond to these professionals who are the ‘ watch dog’s’ of the society and equally how they are treated, I become disheartened , my person turns into gall  if feel for many of them out their doing their beats . Are these establishments properly advised and guided by their Public Affairs and Corporate Services Department?

Journalists on beats in my opinion should be attended to right from the gate of any organization. For me, it is an insult to this humble pen profession? They are always at a place for a reason and on behalf of the public for daily happenings of events to inform , educate and entertain the society in prints / electronics. I always blame the officers who are manning the public image of these establishments as their mouth – piece. Practicing journalists have some privileges for free entry and exit in public buildings and other places that are deemed fit for them to verify their stories or cross-check some facts and figures before going to the press / air

Also Read: Kashim Shettima: An epitomic genre from Borno

Therefore, it is unfortunate for some public organizations in Nigeria to become dogmatic in their dealings with journalists. However, Public Affairs Departments are seen as the gate – keepers of Ministries Departments and Agencies ( MDA’s) not as zebra – crossing – path.

The crux of the matter is in our attempt to feature some awardees of the 19th National Productivity Order Of Merit ( NPOM) Award 2022, to ask one of their own   a Director of Development Finance Department who was nominated for the award  by the Central Bank of Nigeria , Mr. Philip Yila Yusuf, ” for his ingenuity and astuteness in helping to build a robust, resilient and inclusive economic in Nigeria ” this is to encourage others to do same and even better.

The Central Bank of Nigeria Communication Department has put a wage in our efforts to tell the world the good works of Mr Philip Yela Yusuf as a living example of hard work and determination as a Nigerian.

If I were to wrongfully accuse and / or alleged that herein our respected and able Central Bank Governor Mr. Godwin Emefiele misappropriated a large fund running into billions of naira, this will no doubt provoke a response from the bank. And to elongate it further, if i should also allegedly said that Mr Philip Yila Yusuf corruptly co-joint with both the Corporate Services and Communication Department(s) to be nominated for the NPOM Award 2022. I reasonably believe there will be a response also from the bank.

Most good intentions are misunderstood by some individuals and organizations the likes of CBN.

Balami , a Publisher / Columnist – 08036779290

CBN: Directorate of Communications In The Public Eyes   

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NSE: Capital Market Investment for Dividend and Capital Appreciation 

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NSE: Capital Market Investment for Dividend and Capital Appreciation 

By: Balami Lazarus 

The piece is written with an understanding of the capital market, the Nigerian Stock Exchange and the Nigerian Group Exchange (NGX).  I am a part owner of some listed companies, a bona fide shareholder, and a member of the Independent Shareholders Association of Nigeria (ISAN). Therefore, I believe that this will open the eyes of someone out there to this profitable and protected business investment through the laws, rules, and regulations under the watch of the Securities and Exchange Commission (SEC) of Nigeria. 

Recently, my friend and I were listening to the Network News on NTA at 9 a.m. when business news came up on the capital market of the Nigerian Stock Exchange. My friend was not following the simple breakdown of the transactions known as deals, which quickly informed me he was a novice in the activities of the capital market, its transactions, and the lush investment opportunities that abound therein. 

However, students of business and financial management are aware of shares, common stocks, bonds, and other securities instruments available on the floor of the capital market for investors to take positions in the shares of the companies listed for daily trading at the stock exchange market. To my knowledge, some people are ignorant of the investment windows in the stock market and how they are done and carried out, where your money, time, and patience work in your favor depending on how you position yourself in the market as either a long-term, mid-term, or short-term investor. 

There are differences between capital markets and financial institutions. Financial institutions are the banks, while capital markets are the stock exchange floors where sellers and buyers transactions are expressly carried out on their behalf by brokers through securities firms, provided that they are mandated to do so by their clients, who are the investors. 

Common stocks have been the backbone of the capital market. Owership of common shares by individuals, directly or indirectly, has built individual wealth, which has helped in the expansion of the Nigerian Business Environment (NBE)..     

Therefore, investment in the capital market is safe and secure because investors are highly protected by the laws of the land. Interestingly, as a shareholder, you are a part owner of the company. “When you invest in common stock of a company, you become a part owner of the company.” This makes you a direct owner of a portion, with the privileges thereof provided by law.

Balami, a Publisher/Columnist: 08036779290

NSE: Capital Market Investment for Dividend and Capital Appreciation 

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Presidency: Why Tinubu and Kashim Shettima’s partnership will continue beyond 2027

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Presidency: Why Tinubu and Kashim Shettima's partnership will continue beyond 2027

Presidency: Why Tinubu and Kashim Shettima’s partnership will continue beyond 2027

Dr. James BWALA

Some politicians and their calculations of events, incidents, and expectations leading to the 2027 presidential elections have so far exposed their wicked agenda against the Tinubu-Shettima partnership and the recreation of good governance in Nigeria. History has recorded beautiful scenarios that this administration has brought to play in changing the old narratives of governance in Nigeria. And we have seen these numerous plays, from the dollar narratives to market trading and the ideas of price control. Tinubu and Shettima’s table of governance has been full of ideas, and the partnerships have been supportive of mutual respect. But evil hunters in the political domain would always prefer the idea of scattering the table to put leaders afar just to gain their mutually conceived and derailing ideas into play.

It is laughable to compare reasons for Tinubu’s needs as Governor of Lagos State when he replaced Kofoworola Bucknor as Deputy Governor with Femi Pedro in 2002, who served with him until 2007. That was Lagos, and this is Nigeria, for which the ground and outlook are miles apart and the North is not against itself. For sometimes, some politicians in the game of Troy have fashioned for themselves a belief on the contrary to Mr. President’s thinking towards achieving many goals he had been working alongside his vice president to achieve and make history not only for Nigeria but also for themselves.

Never in the history of Nigeria have the two first families been seen coming together from the days of struggling to power to governance, as demonstrated by the Tinubu and the Shettima families. Long before now, the two leaders had built a relationship of trust and respect that fortified their wine of understanding despite forces from within and outside the party they are leading today. The calls from such separatists did not start today, and nothing they do can amount to this administration losing focus on giving over two hundred million Nigerians the desired dividends of democracy, and neither Tinubu nor Kashim Shettima are losing focus on their promises to Nigeria.

The idea they are circulating on social media for 2027 and the possibility of the vice president being replaced by Kwankwaso from the Northwest by President Bola Ahmed Tinubu was a fabrication of their own imagination. Who are those powerful people around Tinubu who got his mind on what they were trying to sell on social media? And what also do they know about the discussions Tinubu and Kashim Shettima are having when they meet behind closed doors to share their views on governance? 

The NNPP presidential aspirant, Engr. Rabiu Musa Kwankwaso, has made it crystal clear during his campaign that he cannot be VP to anyone given his pedigree and belief in the political circle, even at a time when he has a better opportunity to bargain with the APC. Despite the outcome of the 2023 general election and the crowd he seemed to have pulled for the NNPP, the Ganduje factor still speaks loud even as of today. And politics in Kano has many faces, which has recorded a time when great politicians have failed to deliver even the Almighty Kwankwasiya movement. As such, Kwankwaso, even though he is not speaking publicly, cannot have an effect on the Tinubu and Kashim Shettima relationship and partnership in leading Nigeria to the Promise Land.

READ ALSO:https://newsng.ng/the-plight-of-farida/

I believe these mischief makers are already putting Tinubu and Kashim Shettima’s administration on trial, as they did promise to do so both in court and in public opinion. The court case that the former governor of Kano State and National Chairman of the APC is having has nothing to do with the presidency and the administration of Tinubu and Kashim Shettima except that Ganduje belongs to the APC family and holds a vintage position in the party. These criminals in political circles are trying to pin the case on the party or the presidency to the effect that they are claiming that the move to dethrone Ganduje was equally a move to replace Kashim Shettima as VP in 2027.

The 2027 presidential election will come and go like any other election before it, and we shall be witnesses to the fact of history that the Tinubu and Kashim Shettima administration have recorded, which shall speak for them in the deciding factor. No one, either in person or group, can change the destiny of Tinubu’s golden boy.

** James BWALA, PhD writes from Abuja

Presidency: Why Tinubu and Kashim Shettima’s partnership will continue beyond 2027

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Borno: Why would an NGO sponsor a fire outbreak in IDP camps?

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Borno: Why would an NGO sponsor a fire outbreak in IDP camps?

By: Dr. James BWALA

Although the commissioner for information in Borno State refused to mention in his statement those NGOs trying to malign the Zulum administration’s efforts towards the internally displaced people, IDP, a video in circulation with the confession of one of the arrested suspects alleges that an international INGO with the name ALIMA and others are behind the numerous fire outbreaks being experienced at various IDP camps across the state lately. 

It could be recalled that on one of his outings, to support the IDPs in Borno, the governor, Professor Babagana Umara Zulum, received hurtful news of such experiences that made him lose it. But I ask again: why would an NGO sponsor a fire outbreak in IDP camps? A statement reads:

PUBLIC NOTICE ON SUSPECTED CASES OF FIRE INCIDENCES IN IDP CAMPS IN BORNO STATE 

The Borno State Government has received situation reports (SITREPs) from reliable sources regarding suspected cases of fire outbreaks in some IDP camps within the state. This recent rise in the frequency of infernos in IDP camps has been a matter of concern, and all hands are on deck to forestall any further occurrence of fire outbreaks in the state. The government has been investigating the occurrence of the infernos on a case-by-case basis, with a view to establishing the remote and extant causes and developing a strategy to stem future occurrences.

On March 29, 2024, the Ministry of Information and Internal Security received a report in which a suspect admitted that he and his “co-conspirators” were “hired” by some NGOs (names withheld) to set IDP camps on fire. This matter is under investigation, and further necessary action shall only be taken on the basis of the outcome of the investigation. Those arrested are in detention undergoing intensive interrogation, while the NGOs who were pinpointed in the alleged violent practice have been summoned for preliminary interrogation.

The government assures members of the public that this matter will receive appropriate and expedited attention, and any culprit will be dealt with according to the law. 

Meanwhile, members of the public are urged to be calm, peaceful, and law-abiding. Any breach of security should be reported to the nearest law enforcement agency or traditional rulers for transmission to the relevant authority.

*Announcer*

Prof. Usman Tar,

Honourable Commissioner, 

Ministry of Information and Internal Security, Borno State

READ ALSO: https://newsng.ng/police-witness-tells-iip-sars-how-peter-ekwealor-slumped-after-allegedly-confessing-to-killing-asp-akoh-ude/

I have worked in a camp while working with some INGOs in Maiduguri, sometimes before returning to the field as a journalist. I can say without mincing words that some INGOs can do everything possible to keep their jobs. However, I am pained by such a move at the detriment of the efforts and support of the people of Borno State and Governor Babagana Umara Zulum. If there are such NGOs, they must be exposed! 

The government of Borno State and its resilient people have suffered enough in the last 13 years of insurgency. It is not a palatable experience for the governor to be moving from one point to another, trying to see that his people are met with the needed support and shelter after having fled their homes in the wake of the death harvest by agents of darkness. Governor Zulum has become a touring governor on mines fields with sweat-sucked clothes, trying to reach out to the needy across the landmines field. As such, he does not deserve this sabotaging move by the organization, which should also come to help as well.

The suspect, who made mention of the names of INGOs sponsoring the outbreak of fire in IDP, should be thoroughly investigated because some are also alleging that he could have actually been under duress to mention the names of some organization as a result of the beating he received. If at all that was the case, these partners alledgedly in crime can be acquitted; otherwise, they actually should not have a place to operate in the state or anywhere else on Nigeria’s soil because the need for them is to help our people and not to add salt to injury in a place where deaths mounted.

James BWALA, PhD, writes from Abuja.

Borno: Why would an NGO sponsor a fire outbreak in IDP camps?

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