Bill proposing N200,000 fine for naira abusers passes second reading

A bill seeking to amend the Currency Offences Act 2004 and institute a stiffer penalty for abusers of the naira on Tuesday passed second reading in the House of Representatives.

The sponsor of the bill, Uchechuku Nnam-Obi, had expressed concern over the increasing rate of abuse of the country’s currency.

According to him, the emerging amendment bill seeks to institute a stiffer penalty for the violation of the Principal Act by substituting the sum of N1,000 with the sum of N200,000 as fine in section 4 of the Act.

“It is a crime to hawk the naira and you see this abound in this country, in most cities in Nigeria, there is a place in Dei-Dei in Abuja, somewhere in Lagos and other towns it is shameful.

“And even go to ceremonies where you have wedding ceremonies, you see them selling it as though it were commodity like selling pepper and onion.

“For enforcement, we will charge our security operatives to do their bid.

“They need to do the needful to ensure that this is eradicated off our streets.

“If nobody is buying, nobody will sell so we should also call on our citizens of this great country not to patronise them.’’

Comments

The story of how Nigeria’s census figures became weaponized - Feyi Fawehinmi

By Feyi Fawehinmi The story of Nigeria’s 1962 census never gets old. Southern politicians seeking to end the north’s dominance of Nigerian politics decided that the only way to do it was through the census. Population figures at the time determined not only parliamentary representation but also revenue allocation and employee distribution in the civil service. In May 1962, the first census under an independent Nigerian government began. There had been a frenzy of mobilization by politicians in the south of the country using pamphlets, radio, schools, churches and mosques. Although the final results were not made public, the preliminary results were quite clear as to what had happened: the north’s population had gone up from 16.5 million in the last census in 1952 to 22.5 million, an increase of 30%. But in some parts of the east, the population had increased by up to 200% and more than 70% in general. The west also reported an increase of 70%. What the preliminary results showed...

Game Of Thrones Finale Breaks Record Again

The finale of the 7th season of HBO hit show “Game of Thrones” has again broken the record to become HBO’s most watched show ever. The episode “The Dragon and the Wolf” was seen by 12.1 million viewers, according to Nielsen. HBO said when views from streaming service HBO Go and its stand-alone HBO Now app are included, that number rises to a whooping 16.5 million viewers. The 12.1 million viewers is a 36 percent improvement from last season finale which was seen by 8.9 million people. The previous record for the most watched HBO show belonged to, fittingly, episode 5 of the 7th season Game of Thrones, which was seen by 10.7 million viewers. HBO added that this season averaged 31 million viewers per episode once all live, time-shifted, on-demand, and streaming views are included. This is another record set by the show.

Sagay saying nonsense, he should keep quiet -Senate

The Senate on Saturday replied Sagay, asking him to stop making ‘nonsensical statements’ capable of denigrating the nation’s parliament. The red chamber stated this while reacting to a statement credited to the professor of law, which was widely published in the mass media on Saturday. Sagay had described the 8th Senate as the worst in the history of Nigeria, adding that its members would be kicked out in 2019 general election. He also described the ongoing constitution amendment by the National Assembly as a hypocritical exercise, which would lead nowhere. He further lambasted the Bukola Saraki-led Senate for refusing to devolve power to the states, scrapping the State Independent Electoral Commission and for refusing to ensure 35 per cent affirmative action for women. But the Chairman of the Senate Committee on Media and Public Affairs, Senator Aliyu Sabi-Abdullahi, asked Sagay to go back to the classroom if he had become overwhelmed by the national assignment given to hi...

ATTENCAO

Search This Blog