CBN Won’t Reduce Interest Rate For Now – Sanusi

Chat 212 - News Summary...

• CBN, has ruled out the possibility of an interest rate cut in the near future, saying this would have dire consequences for the economy.
• CBN governor said that the monetary tightening was the price to pay for financial system stability, which is the core mandate of the apex bank.

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Court ‘ll Force INEC To Recognize Us – New PDP

Chat 212 - News Summary...

• Abubakar Kawu Baraje-led PDP, yesterday boasted that the court will force the INEC, to recognise the group as the authentic PDP.
• The Constitution of the Federal Republic of Nigeria Chapter 1V Section 40 recognizes our right to associate amongst ourselves.

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Suspected Fulani Herdsmen Claimed 21 Lives while 16 Others Died In An Auto Accident in Benue

Chat 212 - News Summary...

• Attacks on Benue communities by suspected Fulani herdsmen claimed 21 lives while 16 others died in an auto accident on the Makurdi-Gboko road.
• They came into the villages from Awe in NasarawaState and passed through Damko before invading and burning down eight villages in Guma local government.

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‘Boko Haram Challenge Strengthens Security Agencies’

Chat 212 - News Summary...

• President Jonathan said the nation would have been embarrassed if the current security challenges facing it were external.
• Jonathan spoke at a pre-Centenary National Praise and Thanksgiving Service at the Presidential Villa, Abuja.
• He said, “Sometimes, these things (security challenges) happen to strengthen our faith and make us more effective.

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APC And The PDP Have Disagreed Over District Bye-election, Which Was Won By Tthe PDP

Chat 212 - News Summary...

• APC and the PDP have disagreed over the outcome of  Saturday’s Delta Central Senatorial District bye-election, which was won by the PDP.
• APC said there was no voting in most of the eight local governments and the 85 wards in the district, that the PDP used armed security agents to chase away voters.
• The PDP spokesperson Chief Olisa Metuh, berated the APC for “not being bold and sportsmanlike enough to accept defeat.”

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Tukur And His “illegal NWC Members Are Indeed Not Ready For Peace Says Abubakar Baraje

Chat 212 - News Summary...

• Crack seems to have emerged in the New PDP as the House of Representatives and its leadership differ on reconciliation with the Bamanga Tukur-led PDP.
• Abubakar Baraje said that Tukur and his “illegal NWC members, are indeed not ready for peace.

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