Tinubu Departs Lagos For Abuja
President Bola Tinubu has left Lagos where he has been on Sallah holidays for Abuja, the nation’s capital.Channels Television reports that before departing the presidential wing of the Murtala Muhammed Airport on Sunday, the President took the salute of the Nigerian Army parade who mounted a guard of honour. He was in the company of Lagos State Governor, Babajide Sanwo-Olu.
During his stay in Lagos after his trip to Paris and a private visit to London, the President paid a courtesy visit to the paramount rulers of Ijebu, Egba, and Eko in Ogun and Lagos States. He also played host to the President of Guinea Bissau and Chairman of the Authority of ECOWAS Heads of State and Government, Umaro Sissoco Embalo in his Lagos residence on Saturday.
Expert tasks CBN on exploitative bank charges
Mr Okechukwu Unegbu, a financial expert, has called on the Central Bank of Nigeria to check the multiplicity of service charges by Deposit Money Banks.
Unegbu, a past president of the Chattered Institute of Bankers of Nigeria, made the appeal in an interview on Sunday in Abuja.
According to him, banks no longer empathise with their customers, as was the case in the past.
“What we have now is a situation where the DMBs pile up so many unexplained charges on their customers without offering any service. Most of the bank officials know next to nothing about banking, and the heads of the banks are also complicit.
“The acting CBN governor, Folashodun Shonubi, should pay particular attention to understanding the DMBs and their customers, and take full charge of regulating their activities,” he advised.
Unegbu said that the mission of any bank should be to serve its customers without expecting any favours. According to him, in the past, the only charges that banks imposed on their customers were the Commission on Turnover and interest payments on loans, which were strictly regulated by the CBN.
“In the past, banks could not charge above what the CBN had stipulated, but these days they are making more money cunningly. Most of them are there for the money they make. The CIBN has discussed this issue severally; that banks should serve their customers with conscience,” he said.
Fuel subsidy: Tinubu Given 14 Days Ultimatum To Publish Details Of Savings
The Socio-Economic Rights and Accountability Project, SERAP, has issued a 14-day ultimatum to President Bola Tinubu over the fuel subsidy removal.
SERAP said Tinubu should publish the spending details of fuel subsidy within the next four weeks. The body vowed to initiate a legal action against Tinubu if he fails to publish the details within four weeks.
ASUU Faults Dissolution Of University Governing Councils By Tinubu
The Academic Staff Union of Universities (ASUU) has faulted the decision of the federal government on the dissolution of the Governing Councils of all federal universities in the country. The union said that the move was inimical and a major setback toward the growth and development of university education in Nigeria.
The Chairman of the University of Jos chapter of the union, Chris Yilgwan, stated this in an interview with the Agency of Nigeria (NAN) on Saturday in Jos.
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