Under the administration of the now suspended Central Bank of Nigeria Governor, Godwin Emefiele, the bank never followed the principles of “ways and means” loans and the loans thus jumped from N789.6billion in May 2015 to N22.7trillion in May 2023 under the Muhammadu Buhari’s years, a Nigerian human rights activist, Sesugh Akume has said.

 

He said, “I have been opposed to the rank incompetence, maladministration, and abuses by Godwin Emefiele as CBN governor and have in the past instituted two (2) lawsuits against him and the CBN, and others at the Federal High Court Abuja.

 

“In Sesugh Akume v CBN and Godwin Emefiele (CBN Governor) with suit number FHC/ABJ/CS/1051/2021, I among other things, sought to hold him and the Bank accountable and to stop their perversion of ‘ways and means' which permits the CBN to lend 5% of the federal government's income in the previous year to the federal government and to not further lend to the federal government until what was borrowed is fully refunded.

 

Continue Reading: https://alutagossip.com.ng/godwin-emefiele/

 

GOVERNMENT SPECIAL ANNOUNCEMENT

 

 

The Government of Rivers State has observed with dismay the inconsistencies/ irregularities and flagrant disobedience to the directives concerning the just concluded recruitment exercise at the Ignatius Ajuru University of Education, Rumuolumeni, Port Harcourt.

 

Therefore, the recent employment exercise conducted by the management of Ignatius Ajuru University of Education, Port Harcourt is hereby cancelled .

 

All appointment letters issued and received are hereby nullified and the affected persons are directed to return the letters to the office of the Registrar of the Instistition and other employment related properties such as ID Cards in their possession to the office of the Head of Service, Rivers State immediately.

 

A proper and credible recruitment exercise shall be conducted in due course.