The federal government didn't make clear what it absolutely was attempting to perform Using the forex makeover, presenting a gamut of explanations which include that it absolutely was endeavoring to rein in counterfeiting and Nigeria News Update - NNU dollars hoarding.
a variety of features relating to this 12 months’s vote set it besides past presidential elections in Nigeria.
it absolutely was cheers and significant-fives as Bola Tinubu viewed on tv although staying pronounced the winner of Nigeria's presidential election.
given that then, Nigerians have been strike by a double whammy in the elimination of a gas subsidy and a collapse in the value in the naira, resulting in the worst financial crisis in the era.
Floods are worsening through the 12 months in Nigeria and typical food aid programmes immediately after Each and every catastrophe aren't enough.
The government is giving to double this but safety guard Mallam Magaji Garba tells the BBC that This might not even be more than enough to order a 50kg bag of rice, which he needs to feed his household monthly.
several have explained interminable delays within the polls, and many couldn’t vote in any respect In spite of waiting around all day. Perhaps the hard cash disaster, due to the rollout of a new style and design for that currency just before the election, also experienced anything to perform with it.
Mr. Tinubu asked the opposition to work with him as Africa’s most populous nation navigates an financial disaster. Opponents stated the election was marred by fraud, plus the operating mate of 1 mentioned they would contest the results.
In his acceptance speech, Mr. Tinubu appealed to the opposite candidates to work with him and resolved the Nigerians who didn’t vote for him. “You voted and strove for a better Nigeria,” he mentioned.
a neighborhood assembly plant for 2000 John Deere tractors and various farm equipment should be to be proven, he stated.
Security forces have create a number of roadblocks about Eagle sq. in Abuja, leading to complications for commuters and journalists seeking to accessibility the realm.
The Obidient Movement has officially launched its advocacy marketing campaign for registration in Kano point out, with the purpose of consolidating its initiatives in direction of great governance and social justice in Nigeria.
As Nigeria navigates this economic disaster, Tinubu's administration faces expanding stress to provide on campaign promises and alleviate the suffering of its citizens.
There were reports of delays in voting on Saturday and sporadic episodes of violence, like ballot-snatching, but in many places the voting proceeded peacefully.