News
Presidency Debunks Rumors of CBN Governor Cardoso’s Resignation
The Presidency has firmly denied recent claims circulating in the media, alleging that President Bola Ahmed Tinubu has instructed the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to step down from his position.
The rumours surfaced on various online platforms, which reported that the president had given a directive for Cardoso’s resignation.
In response to these reports, Bayo Onanuga, the Special Adviser to the President on Information and Strategy, took to his verified X account, @aonanuga1956, to address the situation.
He dismissed the claims as entirely false, labelling them as “all lies.” Onanuga urged the public to disregard the misleading information, stressing that there was no truth to the rumours about Cardoso’s resignation.
The presidency’s swift reaction underscores its commitment to curbing the spread of misinformation and ensuring that the public receives accurate updates regarding the actions and decisions of the government.
This response also reflects the ongoing support for Cardoso’s leadership at the CBN, signalling stability in the country’s financial sector.
Benue State Governor Hyacinth Alia has assured that the state is ready to handle any potential flooding from the release of water from Cameroon’s Lagdo Dam. After meeting with President Bola Tinubu, Alia stressed that while they hope the flood won’t happen, they are well-prepared. He noted that the state is focusing on prevention, such as river dredging, and is actively informing residents about flood risks.
The upcoming release of water from the dam has raised concerns, especially after recent severe floods in Borno State. Alia emphasized that his administration is taking proactive steps and is working with emergency teams to manage any challenges. He also defended the transparency of his local government nominations, encouraging candidates to accept the outcomes of the October 5 elections.
The Nigeria Hydrological Services Agency (NIHSA) has alerted Nigerians residing in flood-prone areas to relocate, following the release of water from Cameroon’s Lagdo Dam into River Niger and River Benue.
The release, which began on September 18, 2024, poses flood risks to 11 states, including Adamawa, Kogi, Benue, and Bayelsa.
NIHSA urges individuals to clear drainages and avoid floodplains. This comes days after severe flooding in Borno killed over 30 people.
Israel admitted to initiating a “new era” of war after two consecutive days of explosive attacks targeting Hezbollah in Lebanon.
On Tuesday, pager explosions killed several, including children, and wounded over 2,800. A second wave on Wednesday, involving walkie-talkies and phones, killed at least 20 and injured 450.
One explosion occurred during a Hezbollah funeral, with reports suggesting Hezbollah’s elite Radwan unit was heavily impacted. Israel believes the death toll is higher than officially reported.
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