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Borno State witnessing improved security — Gov. Zulum

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Babagana Umara Zulum e1559308804908

Governor Babagana Zulum of Borno State has expressed satisfaction with the improved security situation in the state over the last three years.

Zulum said this when he hosted members of Borno Elders Forum and some security personnel to Ramadan Iftar.

At the Iftar at the Government House, Maiduguri on Tuesday, Zulum said: “We have to thank God for His infinite mercy, we are able to achieve a lot in Borno, especially in the area of security.

“I wish to say that I have not received any emergency call on insurgents’ threats in Maiduguri and environ particularly on the Maiduguri-Damaturu Damaturu Road in the last three months.”

Zulum said that the security situation has resulted in successes in the reconstruction, rehabilitation and resettlement of many communities as well as reopening of the Bama-Banki Road, Dikwa-Gamboru-Ngala Road and Maiduguri-Monguno Road.

The governor also said that the mass surrender of Boko Haram insurgents and the creased farming and fishing activities at the shores of Lake Chad were as a result of the improved security situation.

Zulum said that government has reconstructed 2,500 classrooms out of the 5,000 destroyed by Boko Haram insurgents in the state in addition to building new schools across the state.

“We also enacted a law that allows streamlining of non formal (Tsangaya) and formal education,” he said.

The governor said that his administration has also recruited more health workers in the state as well as enhance welfare for medical personnel in the state.

According to him: “My administration also injected about N10 billion into the state economy by supporting the less privilege to engage in businesses.”

He thanked security agencies and the people of the state for their support, assuring that he would not derail from the Borno project in line with the state 25-year state development plan.

The representative of Borno Elders Forum, Alhaji Gambo Gubio, lauded Zulum for his commitment to the development of the state.

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Apply For Massive Google Recruitment 2022, Careers & Job Vacancies (4 Positions)

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Google Recruitment 2022

Apply For Massive Google Recruitment 2022, Careers & Job Vacancies (4 Positions) below.

 

Naijaonpoint reports that Google Nigeria Recruitment 2022 is available till the deadline. Google is not a conventional company, and we don’t intend to become one. True, we share attributes with the world’s most successful organizations – a focus on innovation and smart business practices comes to mind – but even as we continue to grow, we’re committed to retaining a small-company feel. At Google, we know that every employee has something important to say, and that every employee is integral to our success.

 

Lagos State Government Recruitment 2022/2023 Application Portal Form | www.lagosstate.gov.ng

 

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How to Apply for Google Recruitment 2022

To apply for Google Nigeria Recruitment 2022, Interested and qualified candidates should follow the click here to view details link below each position.

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Net foreign exchange inflow into Nigeria drops by 62%

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nigerian naira

Net foreign exchange inflow into the Nigerian economy fell by 62 per cent year on year to $950 million in January 2022 from $2.5 billion in the corresponding period of 2021.

The Central Bank of Nigeria (CBN) disclosed this in its Economic Report for January 2022.

According to the apex bank, it sold $720 million forex through the Investors and Exporters (I&E) and Small and Medium Enterprises (SMEs) windows during the review period.

The CBN noted that forex inflow dropped YoY by 20.3 per cent to $4.36 billion in January 2022 from $5.47 billion in January 2021.

However, forex outflow through the economy rose by 14.8 per cent to $3.41 billion in January 2022 from $2.97 billion in January 2021.

A further look at the numbers showed that YoY forex inflow through the CBN rose by 5.2 per cent to $1.82 billion in January 2022 from $1.73 billion in January 2021.

On the other hand, forex outflow through the bank fell by 8.1 per cent to $2.6 billion in January 2022 from $2.83 billion in January 2021.

CBN said: “The economy recorded lower net foreign exchange inflow in January, driven, mainly, by net flows from the CBN and autonomous sources. Aggregate foreign exchange inflow into the economy declined by 36.7 per cent to $4.36 billion in January 2022, from $6.89 billion in December 2021.

“The total foreign exchange outflow decreased by 5.1 per cent to $3.41 billion from $3.59 billion in the preceding period.

“A net inflow of $0.95 billion was recorded in the month under review, compared with net inflow of $3.29 billion in the preceding period.

“Further analysis shows that foreign exchange inflow into the bank fell by 36.7 per cent to $1.82 billion from $2.88 billion, attributed to 45.4 per cent decline in non-oil components, mainly, TSA and third-party receipts/MDA transfers, other official receipts and swaps.

“Autonomous inflow also decreased by 36.7 per cent to $2.54 billion, from $4.01 billion, due to reduction in invisible purchases.

“Foreign exchange outflow through the bank fell by 18.3 per cent to $2.60 billion from $3.18 billion in December 2021, due, largely, to decrease in public sector/direct payment, 3rd party MDA transfers, sales at the Secondary Market Intervention Sales (SMIS) and Investors & Exporters’ (I&E) windows.

“Consequently, a net outflow of $0.78 billion was recorded through the bank in January, from $0.30 billion in the previous month.”

The report also showed that the forex sold to I&E window rose YoY by 163 per cent to $580 million from $220 million in January 2021.

 

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