The Naira on Wednesday appreciated against the dollar at the parallel market, the News Agency of Nigeria (NAN), reports.
The Nigerian currency on Wednesday afternoon gained 5 points to exchange at N390 to the dollar, from N395 it traded on Tuesday, representing an appreciation of 1.01 per cent.
The naira also hedged against the Pound Sterling and the Euro as it traded at N500 and N420, from N510 and N426 it posted on Tuesday.
At the Bureau De Change segment of the market, the naira hedged against the dollar, the Pound Sterling and the Euro as it closed at N490, N500 and N420 respectively, from N495, N510 and N426 posted on Tuesday.
The naira extended gains at the official interbank market as it closed at N317 to the dollar, from N320.25 it posted on Tuesday. Currency traders expressed optimism that the intervention of the Central Bank of Nigeria (CBN) at the Forex market would translate to a steady recovery of the naira.
Sequel to heavy downpour in Jos East Local Government Area of Plateau State, Tuesday night, over 30 cows were drowned, farmlands destroyed and bridges/roads linking many communities with Council headquarters were damaged.
Reacting to the incident, Member representing Jos East Constituency in the Plateau State House of Assembly, Hon. Joshua Madaki, in a chat with journalists in Jos on Wednesday, said that the heavy downpour, which lasted several hours, wrecked havoc by disconnecting the Council Secretariat from the people.
Madaki said, the incident has forced residents of the council to go through Toro Local Government Area of Bauchi State, before they can reach the Local Government headquarters.
He appealed to the Plateau State Government and well spirited individuals to come to the rescue of affected communities by providing relief materials and to reconstruct the damaged bridges to enable the farmers move their harvest to the markets.
A 37-year-old father, Okoro Odia, was Wednesday dragged before an Ogudu Magistrates’ Court sitting in Lagos State for putting ground pepper on his 10-year-old daughter’s private part.
The police prosecutor, Ihiehie Lucky, told the court that the accused committed the alleged offence sometime in June and again in August.
Ihiehie said Okoro, who is standing trial on a three-count of indecent treatment, attempted to commit murder and assault, unlawfully and indecently dealt with his daughter.
The prosecutor said, “The complainant told the police that Okoro, a furniture maker, had sometime in June used a dog chain to tie the girl to a ceiling fan and left her there.
“The accused tied the daughter to the ceiling because she failed to submit his lotto number to an agent. The indecent assault on the girl was reported by the step-mother, Abayomi Maria, to the Ketu Police Station.
“Maria told the police that on August 8 at about 8:00 p.m. Okoro called his daughter to bring her report sheet. When he saw that she failed, he indecently punished her. He told her to lie down and he put the dry pepper inside her private part, in her eyes and all over her body.
“Her screams alerted the step-mother who tried to stop him but he beat her up,” Ihiehie said, adding that the offences contravened sections 135, 228(1) and 171 of the Criminal Law of Lagos State, 2011.
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Lagos completes Berger pedestrian bridge
The Governor Akinwunmi Ambode-led Lagos State Government, on Wednesday, completed a Pedestrian Bridge at Berger bus stop, along Lagos-Ibadan Expressway, even as it was immediately put to use for Lagosians.
Nigerians yearning, crying for PDP to return to power – Jerry Gana
The Head of the Peoples Democratic Party’s reconciliation committee, Prof. Jerry Gana, on Tuesday said Nigerians are yearning and crying for the return of the party into power.
The PDP relinquished power at the federal level in 2015 when it lost to the All Progressive Congress after 16 years of dominance in the country’s presidential elections. Since the lost, the party has been embroiled in different turmoils, the most recent being the face off between Senator Ahmed Makarfi and Senator Ali Modu Sheriff, who are engaged in a legal battle over the leadership of the party.
In a bid to resolve the crisis, the PDP Board of Trustees, led by Senator Walid Jibrin, inaugurated an 18-man reconciliation committee to unite party stalwarts.
Speaking after a meeting with Sheriff, Gana said the committee had taken note of the problems causing disaffection within the party.
He said, “We are here to find out together how PDP can be solid, firm, cohesive and triumphant.
“This is because Nigerians are waiting for PDP, they are missing the PDP, they are crying and yearning for PDP because the 16 years of democracy cannot be wasted away.
“We are here not as a panel, not as a court, not even as an appeal committee but from the BoT as heirs of the family.
“In a family there must be sometimes problems here and there but there must be re-consolidation. Where there are elders people say things don’t go wrong.
“The purpose of our being here is for this party to be strong again and be reunited.
“We are delighted that there have been clear resolutions on the determination and the desire that the problems be resolved, unity be re-established and for PDP to move forward.”
U.S. donates an additional $37 million to assist Northeast Nigeria
At a press conference Wednesday, August 10, at the Nigerian Emergency Management Agency, Konyndyk said the funding for assistance implemented by international NGOs and UN agencies brings the total USAID humanitarian support for the region to $318 million since last year. The United States is the single largest humanitarian donor to the region.
“The United States is committed to supporting Nigeria to ease this humanitarian crisis,” Konyndyk said, and help sustain this vulnerable population until they can resume livelihoods upended by conflict.
Despite gradually improving security conditions, the humanitarian situation remains dire. Throughout the region, approximately 5 million people need emergency food assistance and 2.5 million people are displaced.
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