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President Buhari Appoints Doyin Salami as Chief Economic Adviser

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President Buhari Appoints Doyin Salami as Chief Economic Adviser

President Muhammadu Buhari has appointed Dr. Doyin Salami as his Chief Economic Adviser. This was disclosed by the Special Adviser to the President on Media and Publicity, Femi Adesina. Salami, until his appointment as Chairman of the Presidential Economic Advisory Council (PEAC).

His appointment makes it the first in this capacity in the Buhari led which has otherwise only utilized advisory teams and a special adviser on the economy, Dr. Adeyemi Dipeolu, who was deployed to the office of the Vice President in 2016.

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In a statement released by Adesina on Tuesday, outlining the roles of the economic advisor, he stated that the Economic adviser is saddled with the duty of addressing all issues on the domestic economy and presenting views on them to the President and also closely monitoring national and international developments, trends and develop appropriate policy responses.

According to him, Salami will develop and recommend to the President national economic policies to foster macro-economic stability, promote growth, create jobs, and eradicate poverty, among others.

Salami has a 1989 doctorate degree graduate in Economics of Queen Mary College, University of London, and is the Managing Director and Head Markets Practice at KAINOS Edge Consulting Limited.

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Lagos Announces Traffic Diversion At Yaba Area

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Author: Eunice Johnson, Abuja

The Lagos State Government said it would be diverting traffic from Yaba as it continues the First Phase of the construction of the Red Line railways covering Oyingbo to Agbado from midnight February 1, to February 16, 2022.

In a statement, the Commissioner for Transportation, Dr Frederic Oladeinde, said the diversion was in line with the Lagos Rail Mass Transit project.

 

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Oladeinde stated that the two weeks long site activity would necessitate a diversion to protect road users during the installation of precast beams.

He also stated that signage’s would be placed on the access roads with the State’s Traffic Management Authority to manage traffic flow and minimize inconveniences.

The State Government reiterated its continuous commitment towards the development of transport infrastructure within the metropolis, maintaining that it is vital for the Multi-Modal Transportation System of the State Government which would in turn boost the economic prowess of the citizenry.

Read Also: Apapa Area Command Generates N870.3 Billion, Set to Surpass 2022 Target

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NLC Backs Bill on Rent Regulation in FCT

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NLC Backs Bill on Rent Regulation in FCT

Author : Eunice Johnson, Abuja

The Nigeria Labour Congress has endorsed the planned bill on monthly house rent in the Federal Capital Territory introduced by the Senator representing Kogi West District, Smart Adeyemi.

The bill titled, ‘Advanced Rent (Residential Apartments, Office Spaces, etc.) Regulation Bill 2022,’ has gone through first reading at the Senate. It provides for a maximum of three months’ advance rent payment in the first instance and subsequent monthly payment for the rest of any tenancy lease in the FCT.

The NLC President, Ayuba Wabba, in a statement on Thursday, said the bill was in tandem with the rent regime in most parts of the world, including South Africa and Kenya.

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The statement was titled, ‘The Nigeria Labour Congress throws its full weight behind the bill on monthly house rent in the FCT.

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Benue State Imposes Fine for Confiscated Animals

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Benue State Imposes Fine for Confiscated Animals

Author : Eunice Johnson, Abuja

The Benue State government has raised the fine for impounded animals from N2,000 to N50,000, with an additional N20,000 daily quarantine fee in the amended Open Grazing Prohibition and Ranches Establishment Law of 2022.

Governor of the state, Samuel Ortom made the disclosure Thursday while signing the amended law.

Ortom maintained that failure to claim the animals after seven days empowers the state Ministry of Agriculture to auction the animals, in line with the law.

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Benue State Government is the first to enact a law prohibiting open grazing in 2017.

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