Sanusi’s Suspension Stalls CBN’s Budget Defence

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The suspension of the Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, stalled the defence of the apex  bank’s 2014 budget at the House of Representatives on Monday.

The CBN’s projected revenue for the year is about N553.1bn

Out of the money, the bank proposes to spend N377.9bn  on its operations. Its  overheads are put at N23.9bn, while the personnel cost will consume N98bn.

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Gunmen Kidnap Jonathan’s Cousin, Chief Inengite In Bayelsa

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• Unknown gunmen have abducted President Goodluck Jonathan’s cousin, Chief  Inengite Nitabai, in Otuoke, Bayelsa State.
• It was learnt that when the gunmen stormed the residence of the 70-year-old Nitabai, they initially met one of the victim’s children.
• It was learnt that the Commissioner of Police, Mr. Hilary Opara, had also visited the crime scene.

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Mallam Lamido Sanusi Still Governor of CBN, Jonathan Insists

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• The President has said that sanusi is still the Governor of the Central Bank of Nigeria.
• The President  said he could only revert to the  Senate  if he intended to sack the governor completely.
• The President also used the opportunity of the programme aired on national television stations for about 75 minutes to state that there was no time subsidy was removed on kerosene.

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Jega In Is Paper Titled: INEC’ll Protect Corps Members In 2015

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• INEC said that it had put in place security measures to protect members of the NYSC and other ad hoc staff that would be deployed for the 2015 general elections.
• Jega gave these assurances in his paper titled he delivered the paper during a workshop organised by the Nigerian Women Trust Fund at The Electoral Institute, Abuja.

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2014 Budget Already In Deficit — Reps

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• 2014 budget  may run into problems due to lack of synergy between the Budget Office and some revenue generating Ministries.
• FAAN  and   NIMASA had their presentations deferred till today because of lack of clarity and inconsistencies in their submissions.

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Boko Haram: Don’t Remove Borno Gov, APC Warns FG

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The All Progressives Congress (APC) has warned the federal government against going ahead with its reported plan to remove the elected Governor of Borno and appoint a military administrator to oversee the affairs of the state, under the guise of intensifying the fight against Boko Haram.

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