Connect with us

News

CBN Tops in International Polls on Transparency, Accountability

Published

on

 

The Central Bank of Nigeria (CBN) has been rated top on transparency, accountability and due process in her operations according to a 2020 poll conducted by the Mahatma Ghandi Peace Foundation in collaboration with The Winston Churchill Centre For Investigative Journalism.

About 453 federal government departments, agencies and parastatals were part of the poll, a joint press statement signed by the country director of Mahatma Ghandi Peace Foundation Nigeria, Bishop Abel Kings and and Richard Oduma of the Winston Churchill Centre For Investigative Journalism has said.

The organisations extolled the due process mechanism put in place by the management of the Central Bank of Nigeria stating that as foreign organisations, their focus was to promote and instill probity and accountability virtues in government agencies hence the polls.

“Our trademark is to discourage corruption and ensure due process mechanisms at all strata of public life particularly in developing economies such as Nigeria. The Central Bank of Nigeria as a critical stakeholder in the Nigeria economic project is a prime agency to focus on if we are to achieve our development goals for the nation”, the statement noted.

It further stated that they were satisfied with the nation’s apex bank thorough internal mechanisms put in place to minimize fraud and abuse of internal processes.

” The polls were conducted in about 453 federal government agencies, following independent audit on promotions, award of contracts, recruitments, and general policy direction templates of various organisations including the CBN.

“Among the many organizations covered include, the Nigeria Army, the Department of State Security, National Information Technology Development Agency, Standard Organisation of Nigeria, NIPPS, NAFDAC and the NUC among others.

“The Central Bank has however led the polls based on systematic reviews from the two coordinating international organisations having scored high on all indices and templates for the polls.

“This presentation is imminent especially at this auspicious time for the nation as the country prepares to resume the economy from the intermittent breaks occasioned by the Covid 19 global health emergency. This great feat by the management of the Central Bank Of Nigeria will sure reinforce confidence of investors both at the local and international levels in Nigeria and her economy.

“We are pleased and satisfied if the nations apex bank is leading in due process and accountability reforms, it then means Nigeria is on the right trajectory to economic stability. The statement averred.

The two groups also called on other agencies of government to focus on instilling the values of transparency and due process as championed by the CBN. Every Nigerian has a responsibility to ask questions in the affairs of this country, and only transparency can guarantee those obligations.

“This poll is a product of long weeks of painstaking independent audit and investigations of the nations most critical agencies hence the need for this Press enlightenment. Gentleman of the press, you also have a duty to amplify the positive dimensions of the polls so as to bolster confidence in the Nigeria economic system and her recovery.

“At times such as the country is faced with many challenges, we need to be circumspect in guiding against public misinformation and smear campaign against critical agencies as much as possible particularly from the point of information backed with data and verifiable statistics. This is what our organizations seeks to achieve. The statement further read.

“As independent international organisations with a rich history and great reputation for excellence, the Central Banks performance rating has reinforced our trust in the pursuit of our developmental objectives and principles as unbiased empires in the development agenda.

“By this great feat, the management of the CBN is expected to focus on the challenge of maintaining the tempo so as to surpass current heights as far as due process and transparency reforms are concerned without losing focus amidst distractions.

“The two international groups further announced the nomination of the CBN management for the “Winston Churchill Memorial Award on Transparency” as a mark of honor and symbol for the ideals of the two organizations represent.

“This polls has confirmed that with the current management in place at the Central Bank of Nigeria, the nations economy is sure to achieve the projected heights.

” We urge individuals of influence, opinion leaders, civil society groups to support and insist on transparency rather than seek avenues to drag authorities in the mud without seeking necessary clarifications, the statement concluded.

News

“Nigeria’s Biggest Ever Coalition, Civil Groups, Professionals, Labour, Artisans, Declare for Bola Tinubu”

Published

on

By

In what is being described as an unprecedented political development ahead of the 2027 general elections, a broad-based national coalition cutting across civil society organisations, professional bodies, labour groups, artisan associations, and other grassroots networks has announced plans to formally endorse President Bola Ahmed Tinubu for a second term in office.

The coalition, spearheaded by the Coalition of Civil Society Organisations in Nigeria, COCSON, now extends far beyond the traditional civic space, bringing together over 1,500 groups from diverse sectors of the Nigerian society. Participants include human rights organisations, medical and legal professionals, trade and artisan unions, community-based organisations, and influential labour leaders, reflecting a wide national spread and multi-sectoral backing.

The historic convention is scheduled to hold on May 17, 2026, where leaders and representatives of the various groups are expected to converge in what organisers say will be the largest endorsement gathering in Nigeria’s history. The event will serve as the official platform for the coalition to collectively declare support for President Tinubu’s re-election bid.

In a major demonstration of grassroots mobilisation, the coalition also revealed plans to submit a compiled total of 20 million signatures of Nigerians who have endorsed the President’s candidacy. The signatures, gathered through extensive nationwide engagement, are being positioned as a clear indication of public support cutting across regions, professions, and social strata.

Organisers of the event stated that the decision to back President Tinubu is driven by what they described as tangible strides in economic reforms, governance, and national stability. They emphasised that the inclusion of non-traditional actors such as artisans, market groups, and labour unions underscores a broader national consensus that transcends the usual civil society framework.

Political analysts say the scale and diversity of this coalition mark a significant shift in Nigeria’s political landscape, where support structures are no longer confined to political parties and elite stakeholders but are increasingly driven by a fusion of grassroots and professional constituencies.

As momentum builds towards the May 17 convention, observers are keenly watching how this expansive alliance will shape political narratives and influence voter sentiment in the lead-up to the 2027 elections.

Further details on the convention and breakdown of participating groups are expected to be unveiled in the coming days.

In what is being described as an unprecedented political development ahead of the 2027 general elections, a broad-based national coalition cutting across civil society organisations, professional bodies, labour groups, artisan associations, and other grassroots networks has announced plans to formally endorse President Bola Ahmed Tinubu for a second term in office.

The coalition, spearheaded by the Coalition of Civil Society Organisations in Nigeria, COCSON, now extends far beyond the traditional civic space, bringing together over 1,500 groups from diverse sectors of the Nigerian society. Participants include human rights organisations, medical and legal professionals, trade and artisan unions, community-based organisations, and influential labour leaders, reflecting a wide national spread and multi-sectoral backing.

The historic convention is scheduled to hold on May 17, 2026, where leaders and representatives of the various groups are expected to converge in what organisers say will be the largest endorsement gathering in Nigeria’s history. The event will serve as the official platform for the coalition to collectively declare support for President Tinubu’s re-election bid.

In a major demonstration of grassroots mobilisation, the coalition also revealed plans to submit a compiled total of 20 million signatures of Nigerians who have endorsed the President’s candidacy. The signatures, gathered through extensive nationwide engagement, are being positioned as a clear indication of public support cutting across regions, professions, and social strata.

Organisers of the event stated that the decision to back President Tinubu is driven by what they described as tangible strides in economic reforms, governance, and national stability. They emphasised that the inclusion of non-traditional actors such as artisans, market groups, and labour unions underscores a broader national consensus that transcends the usual civil society framework.

Political analysts say the scale and diversity of this coalition mark a significant shift in Nigeria’s political landscape, where support structures are no longer confined to political parties and elite stakeholders but are increasingly driven by a fusion of grassroots and professional constituencies.

As momentum builds towards the May 17 convention, observers are keenly watching how this expansive alliance will shape political narratives and influence voter sentiment in the lead-up to the 2027 elections.

Further details on the convention and breakdown of participating groups are expected to be unveiled in the coming days.

Continue Reading

News

How ISWAP killed Army Col. Six others in Borno.

Published

on

☆☆☆As Troops Foil Series of Ambushes.

Troops of the Nigerian Army under operation Hadin Kai have foiled a series of ambush by suspected members of the Islamic State West Africa Province (I SWAP) terrorist along the Monguno in Borno state.

Islamic state of West Africa province (ISWAP) have attacked the Nigerian army from Monguno 242 Battion Barrack in Borno State on their way to reinforce the camp.

A serving Nigerian Army Colonel was  reportedly  killed in an ambush by  insurgents in Monguno, Borno State, during a reinforcement mission

Source added said that colonel I.A. Muhammad was ambushed by ISWAP and killed along with four other soldiers.

Community confirmed that the troops who were on a fighting patrol as part of operation,came under fire from suspected terrorists 

As of the time of felling this report, there has been no official statements from the Nigerian Army regarding the accident.

Continue Reading

News

Dogara Felicitates Dangote at 69, Applauds His Enduring Impact on Africa

Published

on

By

Hon. Yakubu Dogara, former Speaker of the House of Representatives and Chairman of the Credit Guarantee Company Limited (NCGC), has joined Nigerians and the global business community in celebrating Alhaji Aliko Dangote on his 69th birthday. In a detailed tribute, Dogara described Dangote as “a visionary whose life’s work has become a cornerstone of Africa’s economic transformation.”

Dogara emphasized that Dangote’s entrepreneurial journey is one of resilience and foresight. From humble beginnings, he built the Dangote Group into Africa’s largest conglomerate, with investments spanning cement, sugar, salt, fertilizers, and the landmark Dangote Refinery. These ventures, Dogara noted, have not only revolutionized industries but also created millions of jobs, strengthened Nigeria’s economy, and reduced dependence on imports. “Alhaji Dangote is not just an entrepreneur; he is a nation-builder whose vision has redefined what is possible for Nigeria and Africa,” Dogara said.

He pointed out that the Dangote Refinery, in particular, represents a turning point in Nigeria’s energy sector, offering the promise of self-sufficiency in petroleum products and positioning the country as a major player in global energy markets. “This singular achievement underscores his commitment to solving Africa’s most pressing challenges through bold and innovative solutions,” Dogara remarked.

Beyond his industrial empire, Dogara praised Dangote’s philanthropy through the Dangote Foundation, which has invested heavily in healthcare, education, and humanitarian relief. From building hospitals and funding scholarships to providing aid during crises, Dangote’s generosity has touched countless lives across the continent. “His philanthropy reflects a deep commitment to humanity. He has shown that true greatness lies not only in building industries but also in uplifting lives,” Dogara added.

Dogara also reflected on the inspirational power of Dangote’s story, stressing that his rise from modest beginnings to global prominence serves as a beacon of hope for young Africans. “His journey proves that with hard work, faith, and determination, Africans can build enterprises that rival the best in the world. He remains a shining example of African excellence,” he concluded.

As Dangote celebrates his 69th birthday, his legacy continues to resonate far beyond Nigeria’s borders. His life stands as a testament to the transformative power of vision, enterprise, and compassion—an enduring reminder that Africa’s future can be defined by innovation, resilience, and generosity

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.