News
We Have Plans to De-dollarise the Nigerian Economy to Strengthen the Naira — Olawale Edun
Nigeria’s Minister of Finance, Olawale Edun, has announced the government’s plans to de-dollarise the Nigerian economy in a bid to strengthen the Naira.Edun emphasized that reducing the nation’s dependency on the U.S. dollar for international transactions is critical to stabilizing the Naira and boosting the country’s economic resilience.
Edun highlighted that the dependence on the dollar for trade and financial dealings has negatively impacted the Naira, leading to depreciation and inflation.The government aims to diversify its foreign exchange reserves, promote the use of the Naira in international trade, and encourage foreign investment in local currency, thereby reducing demand for foreign currency.
In conclusion, the Finance Minister’s declaration signals a bold move toward restoring the Naira’s value by reducing the economy’s dependence on the dollar. This policy, if well carried out, could play a significant role in boosting Nigeria’s economic growth.
News
Gboko Chairman Imposes Dusk-to-Dawn Curfew Following Violent Protests in Benue
The Chairman of Gboko Local Government Area of Benue State, Torseer Yina, has imposed a dusk-to-dawn curfew in the ancient town.
The curfew takes effect from Thursday, October 8, 2026, following unrest and violent protests in the area.
According to reports, the action was taken to contain the unrest and violent protests by members of BEMOA following the death of one of its members by unknown gunmen.
The protest, which was reportedly hijacked by hoodlums, turned violent after an angry mob burnt two vehicles belonging to the Benue State Civil Protection Guards.
The Gboko council chairman said the curfew takes effect immediately and warned that anyone caught flouting the order or breaching public peace would be decisively dealt with.
News
FRSC Warns Against Speeding After Car Crash On Ijebu-Ode-Benin Expressway
Nine people have died in a fatal road crash along the Ijebu-Ode-Benin Expressway in Ogun State.
The crash occurred on Monday at about 4:55pm around the Bethel area along the Ijebu-Ode/Ore axis of the expressway. It involved a white Toyota Hiace commercial bus belonging to Delta Line and a white Sino truck operated by Bill Gas Solution Ltd.
According to the Federal Road Safety Corps (FRSC), all nine people involved in the crash, comprising three males and six females, died in the incident.
The FRSC said the crash occurred while it was raining and the road was wet, with preliminary investigations identifying speed violation as the probable cause.
The FRSC rescue team arrived at the scene shortly after receiving the report, while the bodies of the victims were taken to the General Hospital Morgue in Ijebu-Ode.
The Ogun State Sector Commander, Oludare Ogunjobi, urged motorists, especially commercial drivers, to obey speed limits and exercise extra caution when driving in the rain.
News
Education Minister Says Teachers Can Never Be Replaced by Technology – Tunji Alausa
Minister of Education, Dr Tunji Alausa, speaks on the role and importance of teachers in the world to celebrate Teachers’ Day today.
He spoke on technology and its advancement and shared that while it is going well, teachers can never be replaced.
“These tools can help teachers reach learners and tailor instruction, but the judgement, encouragement and human connection of a skilled teacher remain indispensable,” he said.
“Every doctor, engineer, scientist, entrepreneur and public servant has benefited from a teacher and could not have become what they are today without teachers,” the minister said.
“When we honour teachers, we honour the people who make every other profession possible.”
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