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CBA Foundation Holds Walk4Hope Charity for Widows, Children

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CBA Foundation Walk4Hope

A Lagos-based non-governmental organization, Chinwe Bode-Akinwande (CBA) Foundation, has set aside Saturday, December 7, 2019, for its annual five-kilometre-long walk tagged Walk4Hope. The charity walk, taking place in Lagos, will take off at the Muri Okunola Park, Victoria Island by 7am.

A statement from the organisers explained that the walk is aimed at raising funds for the protection and support of underprivileged widows and their vulnerable children in the society.

Founder of the foundation, Mrs Chinwe Bode-Akingbade, an enviable banker, said proceeds from this year’s walk would be channelled to school support project for pupils in its adopted schools and for empowering selected underprivileged widows to start business.

“CBA Foundation was established to alleviate sufferings and pains of the less-privileged, especially widows and their children in the society.

“We currently have over 600 authentic widows on our profile, and the children of about 90 percent of them have dropped out of school because of lack of funds.

“So, even if it’s the basic education we are able to give to them, they can build on it. We don’t want children who should be in schools on the streets because their mothers cannot afford school fees. Who knows if the future president is among them? Every child should have access to education and a good life and that is what CBA Foundation intends to achieve.

“To change our society and make the world a better place, we must love, give and share no matter how small. Hence, the net proceeds of this year’s walk will go to back to school support project for pupils in our adopted schools and for empowering selected underprivileged widows to start business,” she said

“Therefore, every step count! Every step you take brings us closer to offering hope to underprivileged widows and their children,” Mrs Bode-Akinwande concluded.

The organisers further said registration for the walk has started via: www.cbafoundation.org/registration.

Since 2015 to date, CBA Foundation has reached out to thousands of underprivileged widows and children through skill acquisition training, health intervention, business start-up, clothing, nutrition and tuition fees for the children.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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Boss Mustapha Not Working Against Tinubu—APC Group

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Boss Mustapha

By Modupe Gbadeyanka

A support group of the ruling All Progressives Congress (APC) known as the APC Mandate Defenders (AMD) has denied claims that the Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, was working against the presidential candidate of the party, Mr Bola Tinubu.

In a statement signed by the National Publicity Secretary of APC Mandate Defenders, Mr Ifeanyi Emeka, the organisation said Mr Mustapha supports the candidacy of the former Governor of Lagos.

He stated that the allegations made against the SGF by another support group of the ruling party, Concerned APC Stakeholders (CAS), were false, describing Mr Mustapha as a well-respected party leader who has great respect and close relationship with Mr Tinubu right from when he was the Deputy National Chairman of the defunct Action Congress of Nigeria (ACN) for Northern Region and would not engage in any real or imaginary plot to sabotage the electoral chances of the APC and its candidate.

According to him, the SGF is preoccupied with the task of meeting the demands of the transitional period, which mostly rests on his office as a frontline secretariat for the presidency as the administration gradually winds down and does not have the time to work against Mr Tinubu.

AMD asked CAS to tell Nigerians how following due process in board appointments for federal government agencies amounts to sabotaging the electoral chances of the party and its candidate in the forthcoming presidential election.

Recall that the SGF had advised Nigerians to be wary of scammers who use his name and office to dupe people while promising them non-existing government appointments.

“Therefore, we urge Nigerians and party members across the federation to ignore the allegation against Boss Mustapha as he cannot be forced into providing appointments to people by threats of blackmails as such responsibility rests squarely on the desk of Mr President and Commander-in-Chief.

“Associating such frustration with the campaigns of the presidential candidate of our great party, Senator Bola Tinubu, by CAS is a diversionary tactic against the overall interest of our party and Nigeria as a nation,” a part of the statement said.

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Violent Protest Erupts in Ibadan Over Naira Scarcity

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protest in Ibadan

By Aduragbemi Omiyale

There are reports of a violent protest in Ibadan, the Oyo State capital, over the scarcity of old and new Naira notes, Business Post has gathered.

It was learned that residents of the ancient city are venting their anger over the hardship caused by the policy of the Central Bank of Nigeria (CBN) and the federal government.

The central bank redesigned the N200, N500, and N1,000 notes and asked citizens to return their old banknotes because they would cease to be legal tender.

However, since the introduction of the new currency notes in circulation on December 15, 2022, many Nigerians have not been able to withdraw their money from banks, fuelling anger in the land.

On Friday afternoon, some residents of Ibadan, especially in Iwo Road, took to the streets to express their frustration at the development, which is coming at a time consumers have to queue for petrol.

They had bonfires on the road and disrupted business activities in some areas of the city.

Recall that today, the Governor of Oyo State, Mr Seyi Makinde, announced the suspension of his campaign activities over the scarcity of Naira and fuel.

Also on Friday, the Governors of the ruling All Progressives Congress (APC) met with President Muhammadu Buhari to appeal to him to change his mind on the Naira swap policy because of the effect on the people and the 2023 general elections starting later this month.

The President had earlier been asked not to show up in Kano State because of fears of a violent protest over the development. After the deadline was moved forward, the Governor of the state, Mr Abdullahi Ganduje, said he was safe to visit the ancient city.

However, during his visit to Kano, there were reports of a demonstration, with a chopped stoned by some residents of the state and convoys attacked by angry protesters.

The government claimed the protest was not directed at President Buhari, while the opposition party, Peoples Democratic Party (PDP), said otherwise.

protest in Ibadan

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APC Governors Beg Buhari to Allow Use of Old, New Naira Notes

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APC Governors

By Aduragbemi Omiyale

President Muhammadu Buhari has been urged to allow the use of old and Naira notes as legal tender in the country until the former is naturally mopped up from the circulation.

This appeal was made on Friday by Governors elected on the platform of the ruling All Progressives Congress (APC) during a meeting with Mr Buhari at the Presidential Villa, Abuja.

In a brief chat with reporters after the meeting, the Governor of Kano State, Mr Abdullahi Ganduje, said after the request was made to the President, he promised to look into it.

The Central Bank of Nigeria (CBN) last month redesigned the N200, N500, and N1,000 banknotes and said the old currency denominations would cease to be legal tender from January 31, 2023.

However, two days before the deadline, the Governor of the CBN, Mr Godwin Emefiele, after a meeting with President Buhari in his hometown in Daura, Katsina State, said the deadline had been shifted to February 10, 2023, noting that Nigerians had a grace period of February 17, 2023, to return the old notes to the bank.

On Tuesday, January 31, he appeared before the House of Representatives ad-hoc committee on the CBN policy to say Nigerians could still take their old notes to banks after the deadline, promising that citizens will not lose their funds.

Today, the APC Governors met with Mr Buhari to discuss the scarcity of Naira in the financial system and also the lingering fuel scarcity.

One of the Governors present at the gathering, Mr Nasir El-Rufai of Kaduna State, had claimed this week that the scarcity of cash and petrol was the handiwork of some elements in the Villa, who do not want the party to succeed in the forthcoming elections.

“We spoke with the President to allow the old and new notes to co-exist until the old notes die a natural death,” Mr Ganduje told newsmen while walking out after the meeting.

“Sir, did you discuss the petrol scarcity with him,” one of the reporters asked the Kano Governor, and he responded, “Yes.”

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