Kano: Gov. Abdullahi Ganduje of Kano State on Thursday signed N268 billion 2023 appropriation bill into law.
The News Agency of Nigeria (NAN) reports that the governor in November presented N245 billion to the State House of Assembly for approval.
Speaking shortly after signing the document, Gov. Ganduje said the budget was reviewed upward to N268 billion by the legislators to cater for social and economic development of the state.
Ganduje remarked that the budget was designed to expedite completion of the ongoing projects and initiate new ones.
While commending the cordial relationship the executive has with the legislature Gov. Ganduje reiterate his unwavering commitment to implement the budget in accordance with the law.
In his remark the Speaker, Alhaji Hamisu Chidari explained that the House had reviewed the budget upward by about N23 billion.
“We had interactions with Ministries, Departments and Agencies (MDAs), and also had public hearing where we collected so many inputs which attracted more money to the tune of N23 billion,” he said. (NAN)
No Plan to introduce N2,000, N5, 000 and N10,0000………….CBN
In another report, in its effort to douse the apprehension associated with the planned redesign of Naira, The Central Bank of Nigeria, CBN has debunked the rumor of its purported readiness to introduce higher denominations in the range of N2,000 and N 5,000
Vidia.ng has it that as preparations are on top gear to redesign some of the existing Naira notes, Nigerians have expressed their apprehension especially with the economic implications of introducing higher currency denominations. This is against the backdrop of the speculations that N2,000 and N5,000 notes would also be introduce by the CBN.
In an interview he granted the Hausa Service of the Voice of America on Monday the Director of Currency Operations, Alhaji Ahmed Bello Umar emphasized that the highest Naira denomination in Nigeria remains the N1,000 note
Mr Bello, has warned that Nigerians should be wary of fraudsters and that the wrath of the law waits anyone caught with fake banknotes.
He stressed that anybody caught should be reported to the law enforcement agencies.
He pointed out that one of the reasons of currency redesigning is to curb the menace of counterfeiting of Naira notes and this has a backing of the law.
In his remarks he said “There won’t be any denominations above the N1000 note. Therefore, there is nothing like N2, 000, N5, 000, or N10,000 as being speculated.
“The highest value of the naira is still N1, 000. And for now, there is no reason or plan to introduce any higher denomination.
“People should be careful so they don’t get hoodwinked by fraudsters. In fact, if anybody comes to you with such fake currency, we advise people to report them to security agencies.
2023 Elections: Tinubu Meets Wike’s Camps To Seal Deal
in another story, with less than two months to 2023 general elections five aggrieved governors of the opposition party, the Peoples Democratic Party are set to meet with Bola Ahmed Tinubu seal deal on the 2023 presidency.
Refusing to give detail of the date and venue, a source close to the former Lagos State governor and the presidential candidate of the All Progressive Party (APC), stated that any last-minute change, the meeting is scheduled to be held in any of the European countries this week.
The source, further confirmed that the meeting is meant to cement their agreement on the 2023 presidency with the governors.
He said the G-5 governors, comprising Nyesom Wike (Rivers), Seyi Makinde (Oyo), Samuel Ortom (Benue), Okezie Ikpeazu (Abia) and Ifeanyi Ugwuanyi (Enugu) would at the end of the meeting make their preferred presidential candidate known.