CJN Kekere-Ekun Addresses Judiciary’s Strengths and Ethical Challenges

Chief Justice Kekere-Ekun Highlights Judiciary’s Strengths and Ethical Challenges

The Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, highlighted both the commendable qualities and ethical challenges within Nigeria’s judiciary during a recent public event in Lagos. Speaking at an event honoring Justice Habeeb Abiru’s Supreme Court appointment, Kekere-Ekun praised the judiciary’s resilience and integrity while acknowledging that a few members still risk tarnishing its reputation.

Ethics, Morality, and Public Perception

Justice Kekere-Ekun emphasized the critical need for the judiciary to maintain public trust, rooted in ethical principles and independence. She highlighted how legal practitioners often balance complex moral and legal responsibilities, navigating an intricate relationship between law and ethics.

Remarks by Notable Figures

The Emir of Kano, Muhammad Sanusi, urged judges to administer justice with a strong moral compass, focusing on substantive justice over procedural technicalities. Attorney General of the Federation, Lateef Fagbemi, SAN, further advocated for fairness and ethical accountability within the legal profession.

Very Reverend Professor Konyinsola Ajayi, SAN, spoke on the erosion of the rule of law in the public eye, noting that recent court decisions often contribute to uncertainty. Former Lagos Governor Babatunde Fashola, SAN, also addressed the importance of law as a tool distinguishing human society from chaos.

Black Market Dollar to Naira Rate Today – 10th November 2024

Dollar to Naira Exchange Rate Today – 10th November 2024

The black market (parallel market) exchange rate for the Dollar to Naira, as of 10th November 2024, is provided below. Discover the current buying and selling rates for exchanging dollars in Nigeria’s informal market.

Dollar to Naira Rate Today (Parallel Market)

  • Buying Rate: N1740
  • Selling Rate: N1745

These rates indicate the current value at which you can exchange dollars for Naira in the Lagos parallel market as reported by Bureau De Change (BDC) sources.

Important Note: The Central Bank of Nigeria (CBN) does not endorse the parallel market. Individuals are advised to use their official banking channels for foreign exchange (Forex) transactions.


CBN Official Dollar to Naira Rate

  • Buying Rate: N1664
  • Selling Rate: N1665

Note: Market rates may vary slightly due to fluctuations in currency demand and supply.


In Other News: Civil Society Calls for Probe Into Fuel Importation Practices

The Nigerian Coalition of Civil Society Organizations (NICOCSO) has urged President Bola Tinubu’s administration to investigate activities allegedly orchestrated by influential groups supporting PMS imports. NICOCSO claims these efforts jeopardize the growth of Nigeria’s local refining sector, deplete national resources, and weaken the Naira.

First Lady Remi Tinubu Refutes Claims of Organizing National Prayer Event

Nigeria’s First Lady, Senator Oluremi Tinubu, has denied reports suggesting she is organizing a national prayer event alongside National Security Adviser Nuhu Ribadu. According to a statement released by her Senior Special Adviser on Media, Busola Kukoyi, the circulating claims are “unfounded and misleading.”

The statement clarified that while Senator Tinubu, a strong advocate for prayer, believes in praying for Nigeria, any prayer for the nation should be voluntary and come from all Nigerians, regardless of background. The public is urged to verify any news about the First Lady through official channels.

NAF Air Strikes Eliminate 70 Terrorists in Borno; Troops Dismantle 83 Illegal Refining Sites Nationwide

The Nigerian Air Force (NAF) recently conducted targeted air strikes in Borno State, resulting in the deaths of 70 terrorists in Kwallaram and Arianna Ciki islands, according to Major General Edward Buba, Director of Defence Media Operations. The strikes, carried out on November 6, were part of a nationwide security operation that also led to the elimination of 169 terrorists and the arrest of 641 criminal suspects in the past week.

Additionally, the operation saw troops recover large quantities of weaponry and ammunition, including AK-47 rifles and RPGs. In the Niger Delta region, security forces destroyed 83 illegal refining sites, arrested 40 oil thieves, and seized over 900,000 liters of stolen crude oil, diesel, and petrol. General Buba affirmed the Armed Forces’ ongoing efforts to combat insecurity and protect Nigeria’s economy from sabotage.

Ngozi Okonjo-Iweala Set to Secure Second Term as WTO Director-General with No Contenders

The World Trade Organization (WTO) has confirmed Ngozi Okonjo-Iweala as the only candidate for the Director-General role, paving the way for her reappointment as her first term nears its end. Okonjo-Iweala, who announced her willingness to serve another four-year term on September 16, faces no competition after the November 8 nomination deadline passed without any other contenders.

WTO General Council Chair Petter Olberg formally communicated this, noting that the organization will soon outline the remaining steps in the appointment process. Okonjo-Iweala’s current term, ending on August 31, 2025, marked a historic milestone as she became the WTO’s first female and African leader in 2021.

2Baba Gears Up for New Album with Fresh Studio Sessions

Afro-pop icon 2Baba is making waves once again, returning to the studio to work on his upcoming album, “One Love.” Following the success of his recent single, “Kuku Google Am,” the “African Queen” hitmaker has been seen recording with his band in Lekki, sparking excitement among fans.

The celebrated artist, with over eight million followers on Instagram, has kept most of the album’s tracklist a mystery, adding to the anticipation. Fans are eager to see how 2Baba, known for his soulful voice and timeless hits, will blend his classic sound with contemporary influences in this highly anticipated project.

As the countdown to “One Love” continues, expectations are high for another legendary release from one of Africa’s most influential music figures.

Dangote Refinery to Begin Fuel Exports Across Africa Amid Domestic Price Hike

The Dangote Refinery, with a capacity of 650,000 barrels per day, is preparing to export fuel to South Africa, Angola, Namibia, and other African countries, despite high fuel prices in Nigeria. Sources reveal that advanced negotiations are underway with these nations, while preliminary talks have also begun with Niger, Chad, Burkina Faso, and the Central African Republic. Ghana has shown strong interest, with officials noting that an agreement with Dangote could reduce the country’s reliance on European imports, saving $400 million monthly.

Local fuel marketers, however, remain reluctant to purchase from the refinery, citing high prices. They continue to import fuel and have requested approvals from the Central Bank of Nigeria (CBN) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for affordable imports. These marketers, represented by IPMAN and PETROAN, claim that Dangote’s pricing strategy could lead to market monopolization.

Meanwhile, PETROAN has applied for its own import license, alleging that Dangote’s pricing is limiting competition. The association argues that their imports will offer higher-quality fuel and reduce costs for Nigerian consumers once approved. An NMDPRA official clarified that import applications must be submitted individually, not by associations, to comply with regulatory standards.

Top Stories from Nigerian Newspapers: Saturday, November 9, 2024

Today’s Nigerian newspaper headlines cover significant developments across the nation. The PUNCH reports on Dangote Refinery’s upcoming fuel exports to South Africa, Angola, and Namibia. The Nation discusses the ongoing efforts to stabilize the national electricity grid, which has faced multiple collapses this week alone. Meanwhile, Daily Trust highlights the recent release of protesters detained after the August #EndBadGovernance protests, sparking debates on the treatment of detainees.

New Terrorist Group”Lakurawas” Seizes Control Over Five Sokoto Local Governments

A newly formed terrorist group, identified as “Lakurawas” or the Mujahidin, has reportedly taken control over five local government areas in Sokoto State, Nigeria. Sources reveal that the group has been imposing zakat and other levies on residents in Tangaza, Gada, Illela, Silame, and Binji.

Witnesses describe the militants as heavily armed, often arriving in large numbers on motorcycles and communicating in multiple languages. They reportedly leave members behind to enforce taxes and coerce residents into harvesting crops for their benefit, with severe punishments for those who resist.

Local officials, including Tangaza LGA Chairman Alhaji Isa Salihu Kalenjeni, have confirmed the group’s activities, highlighting incidents of robbery and forced payments. Major General Edward Buba from Defence Media Operations connected the group to ISIS in the Sahel, exploiting Nigeria’s porous borders. He urged residents to report suspicious activity, emphasizing swift military action to counteract this emerging threat.

Northern Governors and Lawmakers Divided Over Tinubu’s Proposed Tax Reforms

President Bola Ahmed Tinubu’s proposed tax reforms have led to a split among northern governors and lawmakers, with a coalition from the North-West, North-East, and parts of the North-Central regions mobilizing against the initiatives. Governors from seven North-West states, six from the North-East, and two from the North-Central region are leading the opposition, pushing back on the tax bills currently in the National Assembly.

Despite this opposition, four northern governors—three from the ruling All Progressives Congress (APC) and one from the opposition Peoples Democratic Party (PDP)—have voiced support for Tinubu’s tax measures. Meanwhile, pressure is mounting on two key northern National Assembly officers, with influential leaders urging them to oppose the bills. Former Senate Leader Mohammed Ali Ndume, a vocal critic, has argued that the tax reforms will harm the middle class and further strain Nigerians financially.

While Tinubu has maintained his commitment to the tax reforms, he has shown openness to adjusting the proposals based on legislative input. The reform package includes several bills aimed at reducing redundant taxes, standardizing tax processes, restructuring the Federal Inland Revenue Service (FIRS), and establishing a unified tax management board.