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Federal Government Rolls Out Sale of 30,000 Metric Tonnes of Subsidised Rice: NIN Registration Required

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The Federal Government has announced the sale of 30,000 metric tonnes of subsidised milled rice, with purchases limited to public servants possessing registered National Identification Numbers (NIN).

The initiative, launched by Minister of Agriculture and Food Security Abubakar Kyari on September 5, 2024, aims to combat food inflation and curb racketeering.

Rice will be sold at a flat rate of ₦40,000 for 50kg bags, with a strict “one bag per person” policy.

Kyari, represented by President Bola Tinubu, highlighted this as a key effort to address food security and price challenges exacerbated by global issues like the Russia-Ukraine conflict and COVID-19.


 

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“Faithful Soldier of Christ” – Damilola Bamiloye Honors Late Korede Are

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Photo source: Google

Damilola Mike-Bamiloye, the son of the renowned Christian filmmaker and evangelist Mike Bamiloye, recently took to Instagram to pay tribute to his late mentor and father figure, Korede Are, whom he affectionately referred to as “Daddy Korede.”

In an emotional post, Damilola remembered him as a dedicated servant of God who sacrificed comfort, recognition, and even his own needs to further the gospel.

He expressed deep admiration, saying Daddy Korede tirelessly ensured that the word of God reached the most remote corners of the world.

Damilola, himself a notable figure in Christian entertainment, known for his work with Mount Zion Faith Ministries, mentioned how Daddy Korede embodied selflessness.

He described him as someone with a “heart of pure gold,” a man who lived with unwavering faith and integrity until his very last moments.

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According to him, Daddy Korede didn’t seek fame or praise; instead, he remained committed to his calling, consistently honoring God with his gifts, passion, and humility.

As Damilola mourns, he also rejoices in Daddy Korede’s “glorious finish”—a life he says was celebrated by God Himself. Daddy Korede may have departed, but his legacy lives on, continuing to influence countless lives within the Christian community.


 

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CBN and Finance Ministry Share Concerns Over Investment and Securities Proposed Bill

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Concerns have been raised by The Central Bank of Nigeria (CBN) and the Ministry of Finance, concerning the Investment and Securities Bill which was proposed. The bill aims to replace 2007 Act and to update capital market regulations.

The CBN representative, Dr Tukur at the National Assembly hearing, opposed to the granting of the Securities and Exchange Commission over the public companies.

The Finance Minster, Wale Edun also emphasize on the impact of the bill and the provision it will offer the SEC board members. However the SEC Director General defended the bill and stated it has a benefitting role in Nigeria’s capital market globally.


 

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Kebbi Government Suspends Staff Members On Land Fraud Investigation

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The Kebbi Sate Government suspends staff members from the Ministry of Lands and Housing who were involved in the illegal sales. Commissioner Muhammad Dangi-Juli speaks on operating a thorough investigation on the land fraud.

It was revealed that there are two suspects who are part of this fraud mishap, they were both arrested and will face the law. The other suspects are still being chased down, arrested suspects confessed and exposed their partners in the crime.


 

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