BREAKING NEWS TODAY 3RD JANUARY 2022
Good morning Nigeria, welcome to GoldenNewsNg roundup of BREAKING NEWS TODAY 3RD JANUARY 2022.
Breaking News: MKO Abiola’s challenger in 1993 election, Bashir Tofa is dead
One of the leading candidates in the 1993 Presidential election, Alhaji Bashir Tofa, is dead.
He was 74 years old.
He was the Presidential Candidate of the defunct National Republican Convention and a major challenger of MKO Abiola’s in the controversial June 12, 1993, presidential election, annulled by the military government of General Ibrahim Babangida.
Family sources said the former presidential candidate died in the early hours of Monday after a protracted illness.
Presidency Clears The Air On Fight Between Buhari, NASS Leadership Over 2022 Budget
The presidency on Sunday denied any rift between President Muhammadu Buhari and the leaders of the National Assembly, Senator Ahmad Lawan and Hon. Femi Gbajabiamila over the 2022 budget figures.
The clarification became necessary following the concerns raised by President Buhari over some adjustments and insertions made on the 2022 budget by the National Assembly after it was presented by the executive.
The presidency explained that the relationship between the executive and the 9th National Assembly unlike what obtained during the 8th Assembly, remains cordial as both parties are working in the best interest of Nigerians.
BREAKING: Former military governor of Osun, Uzoma Obi is dead
A former military governor of Osun state, Colonel Anthony Uzoma Obi (rtd), is dead.
His death was announced in a statement by the family
It reads: We the Family of His Excellency, Rtd Colonel Anthony Uzoma Obi humbly announce the gentle passing of our Patriarch, and head of the family on Saturday, 1st of January 2022 by 6:03 PM.
“Our father was a Lion, a warrior, a brave soldier who served the Nation Nigeria as a Two Time Military Administrator and Governor of Osun State, and Abia State Nigeria.
According to The PUNCH, members of the National Assembly have insisted on the amendments made to the 2022 Appropriation Bill, including the reduction of allocation to 10,733 projects and insertion of 6,576 new ones.
One year after the implementation of the African Continental Free Trade Area Agreement (AfCFTA), which came into force on January 1, 2021, Nigeria continues to lag behind in making the trade agreement operational owing to structural challenges, Coronavirus pandemic and lack of consensus on trade protocols and strategy among stakeholders, The Guardian reports.
According to The Nation, If the position of President Muhammadu Buhari is anything to go by, the suit filed by state governments seeking to stop deductions from their monthly allocations to fund debts associated with Paris Club refunds is an exercise in futility. The states, the President said, are fighting a lost battle because they brought the trouble on themselves by failing to pay the consultants they engaged, thereby forcing the consultants to obtain court judgments against them and the Federal Government
The much anticipated national convention of the All Progressives Congress (APC) slated for next month is shaky as various tendencies intensify efforts to hijack the party ahead of the 2023 general elections, Daily Trust reports.
As the banking sector prepares to kick-start a new banking year tomorrow, there are strong indications that the sector may experience job loss. This is because banks that may not be able to comply with the stringent implementation of the new accounting standards set by the Central Bank of Nigeria (CBN) may have to merge with other banks or face outright acquisition, Daily Independent reports.
Nigerian Tribune reports that the Presidency Sunday night said that President Muhammadu Buhari signed the 2022 Appropriation Bill into law despite the insertion of 6,576 new schemes worth N37 billion because he did not want to “throw away the baby with the bathwater.”
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