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Tinubu Advises CBN on Naira Redesign Policy

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The All Progressives Congress presidential candidate, Bola Tinubu, has advised the Central Bank of Nigeria on ways to bring succour to Nigeria over the naira redesign policy.

In a statement on Sunday, the former Lagos State governor said it was important for the apex bank to restore hope in the country by implementing workable steps to ease the accompanied woes of the policy.

The APC presidential flag bearer, who suggested six ways the CBN could adopt to douse the tension, said it was important for the apex bank to work on a template that could ease the pain being experienced by Nigerians.

To bring immediate relief to Nigerians, Tinubu urged the CBN to consider the following measures:

1. Following the advice of the Council of State, the CBN should announce that the old and new naira notes (especially the non-withdrawn notes and coins) will co-exist as legal tender for the next 12 months to follow examples of countries that have successfully implemented similar monetary policy. This will immediately remove growing tension in the country, eliminate panic reactions by the populace and allow time to scale up infrastructural gaps around alternative payment options to cash.

2. We advise the immediate suspension of associated charges on online transactions and bank transfers and payments via POS until the current crisis is fully resolved. This cost should be considered a roll-out expense by the CBN to incentivise the envisaged shift to alternative transaction channels; for both the financial services consuming public and those in charge of implementing the scale-up programme.

3. Mobilise all Money Deposit Banks, Payment platforms to show clear commitment and timelines on expanding their infrastructure and support services.

4. Bring in Fintech companies with capabilities into currency swap programme for the next 90 days to help decongest banking halls and ATM points where people line up for hours.

5. The Central Bank and other relevant MDA’s should form an Inter-Agency Action Committee for immediate oversight over the cash supply gaps from the Nigerian Security and Minting Company and deal with issues around capabilities and turn around time to meet the needs of the informal sector and unbanked people.

6. The CBN, National Orientation Agency and Ministry of Information, State and Local Governments with their relevant organs in both the public and private sectors should commence a major public enlightenment and sensitisation campaign to further educate and empower our people on the new naira and cashless policy for better understanding and mainstream adoption.

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Police Arrest Four Yoruba Nation Agitators for Seizing Radio Station

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Some Yoruba Nation agitators, on Sunday morning, seized Radio Nigeria, Amuludun FM 99.1 in Ibadan, the Oyo State capital, taking over broadcast for more than one hour.

A source told The PUNCH Metro that the agitators, who besieged the station around 5:40 am in an 18-seater bus, were armed with dangerous weapons and charms, threatening to deal decisively with any staff member who refused to cooperate with them.

However, four out of the agitators, among whom was a woman, were arrested by the police with the assistance of the Nigerian army, while others ran into different directions to evade arrest.

One of the arrested agitators, who sustained gunshot wounds, had rushed into the studio to tell others that security operatives had taken over the nooks and crannies of the station. The blood stain was seen in the studio.

An investigation by our correspondent revealed that after holding some night duty staff and security guards hostage, the agitators hijacked the studio and announced live on radio “Welcome to Yoruba Nation.”

An impeccable source further said they continued threatening staff members to remove all Nigeria flags in the station and replace them with Yoruba Nation flags as they have already taken over the Government Secretariat, Agodi, Ibadan.

It was further learnt that they initially hijacked some commercial vehicles (Micra) to block the main road.

When our correspondent visited the station at J&P Bus-stop, Moniya in Akinyele Local Government Area of the state, more than 20 operational vehicles of security agents, including Department of State Services were sighted at strategic locations to forestall any eventuality.

Confirming the invasion, the most senior staff on duty, Ajayi Omotola, stated that, “They told us that they are Yoruba Nation agitators. And in their T-shirt, there was that inscription there. They wrote Yoruba Nation. Only six persons came inside the studio with different charms threatening to kill us if we failed to cooperate. Others were outside manning security at different areas within the premises.

“They collected all our phones and threatened to kill us if we made any noise or phone calls. They said they wanted to broadcast live that Yoruba Nation has taken over. We should remove all Nigeria flags in our studio and replace it with their own. They didn’t allow anybody to go outside. The Area Commander came, addressed and even pleaded with them but they ignored him. We later heard sporadic shooting outside. So, one of our staff members then came inside to inform us that police and soldiers had arrived,” Omotola stressed.

As of press time, normalcy had returned while stern-looking security operatives were still manning the station.

The Punch

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76th Cannes Film Festival Ends with Bang

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The stars on parade at 76th Festival de Cannes

 

By Michael Effiong

The colour, the glamour, the style and class of the 76th Annual Cannes Film Festival ends today with a big bang.

Festival de Cannes, the film industry’s most prestigious festival will take place at 8:30 pm and will be broadcast live on France 2 and internationally on Brut.

The Jury, presided over by director Ruben Östlund and including director Maryam Touzani, actor Denis Ménochet, writer/director Rungano Nyoni, actress/director Brie Larson, actor/director Paul Dano, writer Atiq Rahimi, director Damián Szifron and director Julia Ducournau, will select the winners from the 21 films in Competition this year.

Actress Anaïs Demoustier, President of the Jury, will hand out the Caméra d’or award to the best first film. Actress Stacy Martin and director Ildikó Enyedi, President of the Short Film and La Cinef Jury, will award the Palme d’or for short films.

Actor Orlando Bloom will hand out the Jury Prize. Actor Song Kang-ho, last year’s winner of the Best Performance by an Actor for Broker and actress Zar Amir Ebrahimi, last year’s winner of the Best Performance by an Actress for Holy Spider, will award the Best Performance by an Actress and Best Performance by an Actor Prizes respectively.

 

Actor John C. Reilly, President of the Un Certain Regard Jury, will award the Best Screenplay Prize, while Pete Docter, Creative Director of Pixar Studios, will present the Best Director Prize.

 

The Festival de Cannes will also be honored by the exceptional presence tonight of legendary filmmaker Roger Corman, who will present the Grand Prix alongside virtuoso Quentin Tarantino.

 

Finally, the prestigious Palme d’or will be presented by the formidable and inspiring Jane Fonda.

 

The Closing Ceremony will mark the end of the 76th Festival de Cannes, and will be followed by the screening of Peter Sohn‘s film Elementary in the Grand Théâtre Lumière.

 

The 21 films competing for the Palme d’or this year are : Firebrand by Karim Aïnouz, Asteroid City by Wes Anderson, Rapito (Kidnapped)(Kidnapped) by Marco Bellocchio, Les Filles d’Olfa (Four Daughters)(Four Daughters) by Kaouther Ben Hania, L’Été dernier (Last Summer) (Last Summer) by Catherine Breillat, Kuru Otlar Ustune (About Dry Grasses)(About Dry Grasses) by Nuri Bilge Ceylan, Le Retour (Homecoming) by Catherine Corsini, The Zone of Interest by Jonathan Glazer, Club Zero by Jessica Hausner, May December by Todd Haynes, Monster by Kore-Eda Hirokazu, Kuolleet Lehdet (Fallen Leaves)(Fallen Leaves) by Aki Kaurismäki, The Old Oak by Ken Loach, Il Sol dell’ avvenire (A Brighter Tomorrow)(A Brighter Tomorrow) by Nanni Moretti, La Chimera by Alice Rohrwacher, Black Flies by Jean-Stéphane Sauvaire, Banel e Adama by Ramata-Toulaye Sy, La Passion de Dodin Bouffant (The Pot-au-Feu) (The Pot-au-Feuby Tran Anh Hùng, Anatomie d’une chute (Anatomy of a Fall) (Anatomy of a Fallby Justine Triet, Jeunesse (Le Printemps) (Youth (Spring))(Youth (Spring)) by Wang Bing, Perfect Days by Wim Wenders.

The Closing ceremony, usually a wonderful evening to behold will be broadcast in English and French by Brut.

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Delta Beyond Drugs: Bishop Aruakpor Receives Silec Initiatives

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In preparation for the forthcoming Delta Beyond Drugs Project in Delta State, the SILEC Initiatives team paid a visit to the Bishop, Anglican Diocese of Oleh Church of Nigeria, The Rt. Rev’d John Usiwoma Aruakpor. The solidarity visit was led by the Founder/President Silec Initiatives, Amb. Sunny Irakpo, a U.S Government Sponsored Exchange Alumni who was invited by the U.S Government to participate in the prestigious international Visitor’s Leadership Exchange Program of the Department of State in 2019.

Upon his return from the States, the anti-drug ambassador has continued to sensitize the public on the dangers of drug abuse in Nigeria where he currently floats the Delta Beyond Drugs Project to compliment the efforts of the State Government in order to help address the heightened state of drugs and substance abuse.

Irakpo, intimated the plans of the DBD Project to the Diocesan who keep championing innovative projects in Isoko especially the just concluded School of Nursing , Hospital and many other ongoing projects for the Isoko nation. He hinted that the primary objective of the DBD Project is to sensitize the youths and parents alike about the dangers of drug abuse with the various experimentations presently ongoing amongst youths.

He voiced that drug abuse has eaten deeply into the fabric of the society, and the illicit are experimentation by the youths with different hazardous chemicals/ drugs on a regular basis which is even harmful to their health and that the need to address this ugly trends claiming the lives of promising youths in the state is now.

The trend which has become very worrisome in Isokoland and other parts of Delta state, need the attention of all stakeholders to participate in the wellbeing and wellness of our youths and society.

While he appreciated the clergyman for given them the opportunity to collaborate with the church, also related that Silec Initiatives is one of the most active anti-drug NGO in Nigeria, and as a pragmatic organization that has contributed immensely to the fight against drugs merchandise with empirical evidences, remain an NGO recognized at the international level for their exception capacity in the fight against drug abuse in Nigeria for over a decade.

In his response, Bishop Aruakpor was very happy, impressed and proud with the Founder Silec Initiatives Sunny Irakpo for making the Isoko nation proud in Nigeria and across the global space.

And that seeing a young man with such laudable vision with thought provoking ideas and concept is an indication that Isoko nation is on the good path of greatness and progress if only support is given to him and many others who are making the Isoko nation proud.

In his words, I am proud of you for all the giant strides you have made in this nation in this life transforming Initiative.

We gladly welcome you home for we need you at this critical moment that our youths are becoming something else in the name of drugs. As a diocese ,we are doing our best in the environment we’ve found ourselves as we continue to apply the ant philosophy to achieve all the God given projects to us. For there’s nothing , I lay my hands that God will not help me to accomplished. So in this campaign against drugs and substance abuse in Delta State Particularly in Isokoland, we are solidly behind you to drive the message back home. We shall give Silec Initiatives the full support and to also rally round in the area of funding for the sustenance of the project. We shall also try our best to reach out to the various stakeholders of which we are also involving the Nigeria Police, all the clergy and the youths.

Other members of the team were Kingsley Ewomarevia Silec Initiatives Community Liaison Coordinator, James Agholor, Director of Publication Silec Initiatives, top Isoko artistes Obara Obaro (MC Moonlight) and Funky Franky a music impresario.

The event is schedule to take place with a mega rally to mark the international day against drug abuse and illicit trafficking on the 10th June ,2023 in Partnership with the Anglican Diocese of Oleh Church of Nigeria by 8:am at the Cathedral of Paul as a meeting point to take off.

The founder Silec Initiatives enjoined all Sons and Daughters of Isoko to come out enmass to vehemently resist this enemy of progress of youths, Isoko nation, Delta State and Nigeria in general.

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