Abdulwaheed Usamah

Fidelity declares N16.2bn profit after tax

what can you learn from writing a research essay By Abdulwaheed Usamah

enter The Fidelity Bank has said that its profit after tax for period of nine month in 2017 stood at N16.2bn, recording 65.1 per cent grow after impressive half year audited financial results.

It was reported that post was another impressive financial performance of the bank for the nine months period ended September 30, been released at the Nigerian Stock Exchange (NSE) on Monday, and which showed a remarkable growth in key revenue lines and improved efficiency and regulatory ratios.

The development showed how Gross Earnings grew by 17.9 per cent to N130.1 billion from N110.3 billion reported in the same period in 2016 whilst profit before tax soared by 65.1 percent from N9.8bn to N16.2 billion.

The Chief Executive Officer, Fidelity Bank, Nnamdi Okonkwo, expressed the bank’s delight after the posted growth and increased of profit after tax, which had the Fidelity at front line of the NSE.

Through a statement released by the bank on Monday, Okonkwo attributed the consistent delivery of strong financial results to the disciplined execution of the Bank’s medium term strategy which centred on optimal balance sheet management, strategic cost reduction and increased play in the digital and retail banking space.

“We are delighted with our 9 months financial performance which showed strong growth in key revenue lines and a corresponding decline in our operating expenses, despite the high inflationary environment’, he stated.

According to him through the statement, the implementation of the initiatives from its Business Process Review Project continued to impact positively on its operational efficiency as total operating expenses declined by 2.6% to N47.5 billion, leading to the management’s cost-income ratio dropping to 66.8% from 77.3% in 2016 FYE.

He explained that the combination of strong net revenue growth of N5.1 billion (8.8% growth) and decline in total expenses by N1.3 billion (2.6%) translated to a N6.4 billion (65.1%) increase in Profit before Tax (PBT) to N16.2 billion.

“The 9M 2017 PBT of N16.2 billion is higher than the annual profit numbers in any of the last 4 financial years (2013 to 2016)” he added.

“Fidelity Bank is a full-fledged commercial bank operating in Nigeria with over 3.8 million customers who are serviced across its 240 business offices and various digital banking channels.

“The bank has in recent times won accolades as the Best SME Friendly bank, Best in Mobile Banking and the Most Improved Corporate/Investment Bank among several industry awards and recognition.

“The bank was also ranked the 4th Best Bank in the Retail Banking Segment in the 2017 Banking Industry Satisfaction Survey conducted by KPMG.

“Focused on select niche corporate banking sectors as well as Micro Small and Medium Enterprises (MSMEs), Fidelity Bank is rapidly implementing a digital based retail banking strategy which has resulted in a 93 percent growth in savings deposits over the last 3 years, 50 percent customer enrollment on debit cards and 30 percent of its customers now using its flagship mobile/internet banking products”.

“Only last week the bank successfully issued a $400 million Eurobond, which was priced at 10.50% coupon. The transaction regarded as the largest combined new issue and liability management offering by a Nigerian issuer is reopening the international bond markets for Nigerian Tier II banks” he hinted.

Buhari reverses Maina reinstatement, Fayose trades words

By Abdulwaheed Usamah

Following public outrage after announcement of former Chairman of Presidential Task Force on Pension Reforms, Abdullahi Maina, President Muhammadu Buhari has ordered reversal of reinstatement of the man who was alleged of corruption practice during his service at his former office.

However, in a memo to the Head of the Civil Service of the Federation, the president demanded a full report of circumstances of Maina’s recall and posting to the Ministry of Interior.

The memo, released by the president aide on Media and Publicity, Femi Adesina, which was directed that report was expected to be submitted to the office of the Chief of Staff to the president, Mallam Kyari, before Monday close of work.

Reacting after the president reversal, the Ekiti State Governor, Ayodele Fayose, described Buhari’s directive for the immediate disengagement of Maina, as an afterthought, saying the president had only acted to save his face from global embarrassment caused him by the outcry of Nigerians on the news of the reinstatement.

Governor Fayose demanded for the immediate arrest and trial of Maina as well as sack of all those who perpetrated his reinstatement, which he described as fraudulent and shameful.

In a statement signed by his Special Assistant on Public Communications and New Media, Lere Olayinka, on Monday Fayose, who likened Buhari’s anti-corruption fight otherwise, reminded Nigerians of his stand against the president move on challenges confronting the nation.

The governor described Buhari’s government  as corruption personified, noting that, If Maina, who was declared wanted for corrupt practices by the International Police Organisation, (INTERPOL) after he was dismissed from office by the Civil Service Commission in 2013 for allegedly committing N2.1 Billion pension fraud while in office, could be secretly reinstated and even promoted without writing the required civil service promotion examination, no one should be in doubt any longer that Buhari is not fighting any corruption.”

Fayose, said; “Even the former Chairman of Economic and Financial Crime Commission, Ibrahim Lamorde, who was accused of corruption by the Senate, removed from office unceremoniously and declared wanted is now the Commissioner of Police in charge of the Special Fraud Unit (SFU), Ikoyi, Lagos.

“When the Minister of State for Petroleum Resources Ibe Kachikwu raised allegation of award of $25 billion contracts without following due process against the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC); Dr. Maikanti Baru, the Presidency was the one that defended him (Baru)”, he added.

“Also, President Buhari has refused to act on the report of the committee that investigated the $43 million discovered in an apartment at Osbourne Towers, Ikoyi, Lagos, despite that Nigerians have been asking him to act on it.

“Even the Acting Chairman of EFCC, Ibrahim Magu was indicted of corruption by the Department of State Service (DSS) and all that was done by President Buhari was to ask the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), to investigate the DSS report. Up till today, nothing has been heard about it and Magu, despite his rejection by the Senate, Magu is still acting as the EFCC chairman.

“It was also under this government of Buhari that Ahmed Gambo Saleh; the Supreme Court Registrar was indicted and put on trial for alleged over N2 billion fraud. The case against Gambo Saleh was withdrawn almost immediately, and he has been appointed the Secretary of the National Judicial Council (NJC). Not only that, he was made the Secretary of the Corruption and Financial Crime Cases Trial Monitoring Committee, headed by Retired Justice Isa Ayo Salami .

“In the words of APC Senator, Shehu Sani, ‘when it comes to fighting corruption in the National Assembly and the Judiciary and in the larger Nigerian sectors, the President uses insecticide, but when it comes to fighting corruption within the Presidency, they use deodorants.’

“Like I have said several times, as far as President Buhari is concerned, corruption involving his men is family affair, and one won’t be surprised if Maina is rewarded with bigger office very soon, just like others before him.”

FIFA 2017 world best goes to Ronaldo, second-straight award

By SportDesk, with agency report

For second consecutive times in 2017, the football calendar year has also favored world soccer star, Christian Ronaldo, with another FIFA best men player been awarded to him, the recognition that had him as the football governing body’s world player of The Year before being re-branded as the Ballon d’Or between 2010-2015.

However, the FIFA first Best Men’s Player was awarded in January 2017 with Ronaldo winning.

There was view that the award allowed fans to express themselves, giving them the ability to vote for their favorites.

According to the views, the platform also used team captains and members of the press, following a shortlist of 24 players, the final three contenders for the award which consisted Lionel Messi, Neymar and Ronaldo.

The Ballon d’Or would be awarded later this year and Ronaldo or Messi, who have held the Ballon d’Or title since 2007, are on the look out, even though the former is holding the prize at the moment.

Accident victims receive first aid treatments from Lagos police

By Abdulwaheed Usamah

Scores of motorists and commercial buses’ passengers were left ajar after policemen from patrol teams of operatives of Rapid Response Squad of Lagos State Police Command, came to rescue of, with first aid treatment, unidentified people who were occupants of a commercial and two other private vehicles, which had accident on third mainland bridge in Lagos on Monday.

Some of the amazed commuters told The Guild that the police officers exhibited professionalism in saving victims lives  and that people involved received first aid treatments at spot of the accident, which occurred on Monday evening.

It was gathered from sources that the police were able to provided the victims emergency medical treatments through first aid boxes distributed by the Lagos State Governor, Akinwunmi Ambode, with directive to assist accident victims during emergencies.

A motorist, who spoke to our correspondent under anonymity, said that the patrol team, which was on the bridge to put of fire from a burning vehicle but had to split themselves, after hearing of another of an accident, involving a commercial buss which rammed two private vehicles, should be commended for their for efforts and that the action of the men showed a positive development in Nigerian police.

He said that the display of the officers left most motorists and commuters on the bridge surprised particularly the medical treatments which the occupants of the vehicles received from the policemen.

According him, the commercial bus, with the registration number BOG 340 XR, suspected to had had  issue with its break, rammed two other vehicles and among which was the one that its occupants sustained injuries.

Another motorist said that over four passengers inside the commercial bus also sustained various forms of injuries which necessitated the first aid treatment of the police before arrival of medical personnel.

It would be recalled that the state government had in April commenced training and retaining of RRS personnel on application of first aid treatment during emergencies, CPR, Controlling bleeding and fracture management.

However, at the training about 150 branded first aid boxes were reported to had been handed over to the operatives by the state, in June, for distribution to RRS patrol vehicles.

US shows Iranians, foreign fighters exit door out of Iraq after defeating IS

By NewsDesk, with Agency report

The U.S. Secretary of State Rex Tillerson has said that it was time for Iranian-backed militias and their Iranian advisers who helped Iraq defeat Islamic State to return to their country, the advise which after a rare joint meeting with the leaders of Iraq and Saudi Arabia.

It was gathered that United States were of concerned that Iran, a Shi‘ite regional power, could take advantage of gains against IS in Iraq and Syria to expand influence it gained after the U.S. invasion in 2003, something Sunni Arab rivals such as Riyadh also oppose.

Tillerson, at a joint news conference with Saudi Foreign Minister, Adel Jubeir, said that Iranian militias that were in Iraq, who fight against Daesh and ISIS were coming to a close and that the militias need to go home.

He disclosed that the council would contribute to reforms to build Iraq’s private sector and encourage foreign investment.

“This will be critical to winning the peace that has been earned through the hard-fought military gains”.

“Both our countries believe those who conduct business with the Iranian Revolutionary Guard, any of their entities, European companies or other companies around the world really do so at great risk,” Tillerson added.

He added that tje foreign fighters in Iraq need to return to their various countries and allow the Iraqi people to regain control.

However, a senior U.S. official said that Tillerson had been referring to PMF and the Quds Force, the foreign paramilitary and espionage arm of the powerful Islamic Revolutionary Guard Corps (IRGC).

Against the advised, the Iranian Foreign Minister, Mohammad Javad Zarif, berated Tillerson’s remarks as influenced by Iran’s oil-rich regional rival Saudi Arabia.

Through tweet, Zarif said that foreign fighters who assisted the iraqis regain the country should me commended and not suspected of harm.

“Exactly what country is it that Iraqis who rose up to defend their homes against ISIS return to?,” “Shameful US FP (foreign policy), dictated by petrodollars.”

 

“The natural tendency of the two countries and people is to be very close to each other as they have been for centuries. It was interrupted for a number of decades. We’re trying now to make up for lost ground,” he said.

The rare senior meeting, signaling a thaw between states that have been at loggerheads for decades, was also attended by Saudi King Salman and Iraqi Prime Minister Haider al-Abadi.

 

Media hinted that the council had expressed satisfaction with global oil markets’ recovery as a result of a deal with other countries to boost prices by limiting production.

The council also agreed to reopen a Saudi Basic Industries Corp office in Iraq and grant Saudi agriculture company SALIC an investment license.

A second meeting will be held in Baghdad but no date was mentioned.

Meanwhile, the Saudi Commerce and Investment Minister Majid al-Qusaibi told newsmen that his country seeks to boost exports and is eyeing investment opportunities in Iraq’s agricultural and petrochemical sectors, among others.

He said backing from the highest levels of both governments would produce quick results on the ground”.

“Let’s not cry over spilt milk. Whatever happened in the past has happened. The good news is we are all here toward building a prosperous and beneficial future for both countries,” he said in a telephone interview.

Tillerson and Jubeir also discussed Washington’s hawkish new policy towards Iran, including a possible withdrawal from the 2015 nuclear deal and new sanctions on the IRGC.

 

“There is not a strong indication that the parties are ready to talk yet,”

 

Suicide bomber kills 13 in Maiduguri

By Abdulwaheed Usamah, with Agency report

At least, no fewer than 13 people have been reported killed by a suicide bomber killed during an attack in Maiduguri, with confirmation from Borno state’s police that five others were also injured.

It was gathered that the attack in the city occurred yesterday evening and that rescue and investigation were on going to gathered information about the killing

Confirming the killing, the Borno State Commisioner of Police, Damian Chukuw,  disclosed that the 13 people were killed during evening attack, which also injured five people, struck the city’s Muna Garage area,

Meanwhile, the attacked axis of the state was reported to be home to a camp for those who have fled the conflict with the Boko Haram Islamist insurgency.

Why Do Christians Worship on Sunday

phd thesis of exchange rates By Daniel Hyde

From creation onward, the people of God worshiped on the seventh day of the week. This was a “creation ordinance” that the Creator Himself established by His example, with the intent that His creatures would follow it.

He worked six days and called His image-bearers to work (Gen. 2:15); He rested on the seventh day (Gen. 2:2; Ex. 20:11; 31:17) and called His image-bearers to rest. He signified this with His benediction, setting apart the seventh day as “holy” (Gen. 2:3).

Later, when the Sabbath command was reiterated, we read: “In six days the LORD made heaven and earth, and on the seventh day he rested and was refreshed” (Ex. 31:17).

The word refreshed (Hebrew, naphash) is used only two other times in the Old Testament: once in reference to giving rest to animals, servants, and visitors within Israel (Ex. 23:12), and once in reference to David and his men (2 Sam. 16:14).

After God worked to make everything, it was as if His rest refreshed Him. Yet God’s rest and refreshment mean so much more; they have to do with His joy and satisfaction.

The psalmist writes, “May the LORD rejoice in his works” (Ps. 104:31). God’s rest and satisfaction was that of a King; having created the heavens and the earth to be His cosmic palace, He took His place on His throne, so to speak, on the seventh day.

After God brought His people out of Egypt and through the Red Sea, the Sabbath day took on even more significance as a covenant sign that God sanctified His people (Ex. 31:13). On that day, the saints celebrated the reality that God had created them and that their rest was rooted in His rest: “For in six days the LORD made heaven and earth, the sea, and all that is in them, and rested the seventh day” (Ex. 20:8-11).

As well, the Sabbath signified that God had redeemed His people (Deut. 5:12-15). Finally, the annual Day of Atonement fell on a Sabbath (Lev. 16:30-31), so the Sabbath also celebrated God’s forgiveness of His people.

Under the old covenant with Israel (Ex. 19; Heb. 8:6, 7, 13), the Sabbath day was extremely strict. Not only was no work to be done by the Israelites and their children, they also were to give rest to all in their households—servants, livestock, even sojourners (Ex. 20:10).

God even gave regulatory laws over what could and could not be done.

For example, if one even went out to gather sticks on the Sabbath in order to kindle a fire (Num. 15:32-36; Ex. 35:1-3), he was to be put to death (Ex. 31:14-15; 35:2). All this strictness was a part of the tutelage of the law, which was meant to lead Israel by the hand to Jesus Christ (Gal. 3:24), who is the final sacrifice ending the old covenant (Heb. 7:11-12, 18-19; 8:7, 13).

When Jesus rose from the dead on the first day of the week, things changed. Christ, the second Adam, “finished” (John 19:30) the work that the first Adam failed to do (Rom. 5:12-19).

Because of that pivotal event, the church determined that for Christians under the new covenant, the day of worship and celebration of the Lord’s grace in Jesus Christ was to be the first day of the week, Sunday: “From the beginning of the world to the resurrection of Christ, [the Sabbath] was the last day of the week; and, from the resurrection of Christ, was changed into the first day of the week, which, in Scripture, is called the Lord’s day, and is to be continued to the end of the world, as the Christian Sabbath” (WCF, 21:7).

On this day, we are reminded of and participate in the glorious reality that we have already entered God’s rest (Matt. 11:28; Heb. 4:10) and that we await the experience of the fullness of this rest in eternity in the new heavens and new earth (Rev. 21-22).

We now assemble corporately for worship and enjoy a foretaste of our eternal rest, then go out into the kingdom of this world to work for six days. So why do we worship on Sunday and not Saturday?

The first day of the week was the day on which our Lord rose from the dead (John 20:1; cf. Ps. 118:24).
The first day of the week is called “the Lord’s day” (Rev. 1:10; cf. 1 Cor. 16:2).

The first day was the day on which the Holy Spirit was poured out on the church (Acts 2:1-36).

Just as on the first day of creation God made light and separated it from the darkness, we gather on the first day of the week to celebrate the light of the gospel in Jesus Christ, who has separated us from the world of the darkness of sin (John 1:5, 9; 3:19; 8:12; 2 Cor. 4:1-6).

From creation until Christ, the people of God worked six days and then rested on the seventh day. This was a picture of their looking forward to eternal rest; the seventh day of creation was not structured with an “evening and morning” as the previous six days (Gen. 2:1-3), which signified that the seventh day had no end and was thus a foretaste of eternity itself.

On the other hand, from the work of Christ until the consummation, the people of God rest on the first day and work the next six, looking back on the finished work of Christ. Yet we too look forward to the full consummation of this rest.

Moses and the Old Covenant

http://www.kmfri.co.ke/?dissertation-consultation-service-do By  Michael Morrison

1. http://happinessiscreating.com/?p=research-papers-on-plankton God promised to bless Abraham’s descendants and give them the land of Canaan. But first, they had to move into Egypt, and then become enslaved. About how many years would they be in Egypt? Exodus 12:40.

Abraham’s descendants moved to Egypt. Although the stories of what they did there and how they escaped are interesting, they are not directly related to our topic of interest, so we will skip them and pick up the story at Mt. Sinai.

2. get link What kind of covenant did God offer to make with the Israelites? Exodus 19:3-6. Did the blessings depend on obedience? Verse 5. Did the people agree to make the covenant? Verse 8.

In this covenant, the promises would be given if the people obeyed. God had already rescued the people from slavery, but further blessings depended on their obedience. The people promised to obey, but their promise seems to have been based more on fear than on faith. They did not understand what God would require of them, and they did not understand their own inability to do all that the Lord said. During the journey from Egypt to Sinai, the people had already disobeyed God several times, and they would disobey again soon after Sinai and repeatedly in the years to come.

In this covenant, Moses was the mediator. God spoke the words to Moses, and the people were able to listen to God talking to Moses (verse 9). Moses spoke on behalf of the people, and he told them what God said (verse 25).

3. go to link What did God command? Exodus 20:1-17. How did the people respond?

God spoke the Ten Commandments, and the people were afraid. They wanted God to speak to Moses only, rather than hear God directly. As mediator, Moses would thereafter tell them the words of God and they would not have to hear God’s voice.

4. custom university admission essay how to write Did God command altars for worship? Verses 24-26. Did he prescribe rules for Israelite slaves? Exodus 21:1-11. Did the covenant also include rules about death penalties and other punishments for crimes against human life and limb? Verses 12-32.

5. follow url Were there regulations for crimes against a person’s property? Exodus 21:33–22:15. Were more penalties prescribed for mistreating other people? Verses 16-27.

6. http://myfwdlife.com/?p=dissertation-service-uk-du Did God claim ownership of certain people and animals? Verses 29-30. Did he make restrictions on agriculture? Exodus 23:10-11. Did he restrict the workweek? Verse 12. Did he require annual festivals? Verses 14-17.

7. http://kofc2204.net/?p=argumentative-essay-smoking Did Moses then report all these words to the people? Exodus 24:3. Did the people agree to obey? Same verse. Did Moses repeat all the commands, and the people repeat their agreement? Verse 7. How did Moses signify that the covenant had been formally ratified? Verse 8.

The covenant included laws about worship, economics and civil courts. It included general principles of human relationship with God and with neighbor, and it included some specific details of how those principles should be applied in specific situations. All these different types of laws were mixed together in the covenant.

The covenant was completed by a ceremony of sprinkling blood. Moses said, “This is the blood of the covenant that the Lord has made with you.” God then promised to give Moses some tablets of stone on which the laws were written (verse 12).

8. doctorial thesis Did God continue to add commands to the covenant that had been made? Exodus 25:1-22. What did the Israelites do while God was speaking to Moses? Exodus 32:1-6.

God gave very detailed instructions for the tabernacle and the way the Israelites were to worship him. These details fill several chapters of Exodus and contrast sharply with the Israelites’ impatience and idolatry. As God said, they were a stiff-necked people, stubbornly disobedient (verse 9). God was willing to destroy them all, but Moses, acting as a mediator, asked for mercy (verses 10-11, 31-32). When Moses saw the idolatry and revelry, he became angry, too. He broke the tablets (verse 19) and destroyed the idol (verse 20).

9. follow url Since Moses had broken the tablets of the covenant, what did God command him to do? Exodus 34:1. Did God again make a covenant with Moses? Verse 10. Did he use the exact same words as before? Verses 10-26. What did he write on the tablets of stone? Verse 28.

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The words of the covenant — the Ten Commandments — were written on the stone tablets. Exodus 20:1-17 (the Ten Commandments) formed the beginning of the covenant, and Exodus 20:24–23:33 was also included in the covenant. When God restated the covenant in chapter 34, he mixed some of the Ten Commandments in with other regulations from chapters 21-23. The Bible does not put any stress on the precise order and structure of the covenant. All of God’s commands were to be kept, for all were given with divine authority.

The worship regulations in Exodus 25–30, even though they were given after the covenant had been ratified, were also part of Israel’s covenant with God. So were the additional rules found in other writings of Moses, such as the book of Leviticus. Deuteronomy is a restatement and expansion of the same covenant. Some regulations expand on the concept of worshiping God; other regulations expand on the concept of holy time; and others give details on how people should treat their neighbors. They were all part of the same covenant.

The rituals and sacrifices in Leviticus do not apply to Christians today. Christians do not have to enforce the civil laws and punishments commanded in Exodus. But why? Why is it that Christians, who should obey God, do not observe these laws that were clearly given by God? To understand, let’s move forward in our study — from the covenant mediated by Moses to the covenant mediated by Jesus Christ.

Prayer for strength

go here Prepared By Rebecca Barlow Jordan

Have you ever needed supernatural strength to face a situation head-on, but not known what to pray? God is waiting and wants to offer us strength in time of need. Do not be afraid to pray and ask God for His strength to fall upon you! When you are weak, weary or unready to stand, and unsure of what to ask, pray along with these words!

Lord, I’m weary. My energy is sagging, and my motivation is lagging. And I am so in need of you. I need your strength and your fresh touch to get back on track again. Your Word says the joy of the Lord is my strength. If that’s true, then I need your joy to replace all the bone-tired parts of my mind, body, and soul.
The pressures of life sometimes push me into a corner, rendering me helpless to move forward. A hundred voices call my name, and I feel paralyzed at times to answer, not knowing where to turn. Lord, help me not to quit, to keep running the race faithfully, and to find strength in that safe, secret place of yours, under the shadow of the Almighty.
I need your strength to say no when I’m tempted to surrender to harmful things, or when selfishness clings to my clothes and won’t let go. I need your strength to say yes, when cowardice and fear nudge me to deny the convictions of my heart. I need your strength to reach out in love to those both close to me and all around me. When don’t I need your strength, God?
SEE ALSO: A Prayer for When You Feel All Alone

You are my rock, and I run to you today, believing that you will lift up my heavy arms, that you will fuel me for the tasks you’ve given me, and that your joy will completely consume the weakness of my life and make me strong again. I don’t want to stay grounded, crippled by limitations and failed attempts. I’m tired of feeble efforts. Lord, I want to mount up with wings like an eagle and not just fly. I want to soar.
Renew my strength, Lord. Fill me with your supernatural power to overcome each obstacle in my path. With my eyes on you, Lord, with you walking beside me, working through me, I can make it. Thank you, Lord!
In Jesus’s name, Amen

 

Britain assures Nigeria continuous commitment towards trade, economic development

By NewsDesk,

The British Government has reassured Nigeria of its commitment to trade and economic development of the nation, saying government relevant agencies have been positioned to offer interventions and supports such that would enable the country attain its potential.

Besides, Nigerian in Britain tasked  Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to dedicate more focus to policies that could help better Nigerian economy.

The group of Nigerians in Diasporas, who reacted to the CBN’s boss alleged suggestion which accused citizens of Nigeria living abroad not to be contributing enough to revamp Nigerian economy, said that those of who live over sea were direct foreign investors and that they deserve commendations.

Meanwhile, their response came at a policy forum titled “Policy Roundtable on Business and Sustainable Development”,  hosted by British Prime Minister’s Envoy on Trade to Nigeria, John Howell, and Private Parliamentary Secretary to the Secretary on International Trade, Iain Stewart, in London, where some of the Nigerians charged  Emefiele on friendly monetary policy to encourage Nigerians in Diaspora.

At the gathering, Howell reiterated that the UK’s was committed to trade relation and development of Nigeria, and that his country’s government would to continue to put it best, to ensure tie between the two nations goes stronger.

According to him, Nigeria remains Britain good trade partner and and the UK government through the office and other relevant government agency including Department for International Development (DFID) are committed to offering interventions and support that will enable Nigeria attain its true potential.

On side Stewart, who stated that British government understand challenges of insecurity and infrastructure among others in Nigeria, disclosed motive behind the UK dedication renewal as to assist in tackling these issues, and that the country’s foreign minister was in the country recently to examine areas where support would be needed.

He said, “our experts in security management have been active in giving training and relevant assistance. And we will continue to give encouragement to our businesses to look for opportunities that will help the two countries and deepen the capacities of Nigerians.”

On part of need for CBN to direct focus on policy that could development the nation’s economy, a London based journalist, Lekan Fatodu, explained that Nigerians in Diaspora have been tremendously contributing their quotas to economic uplift of the the country, expectations on agency in charge of decision making to put in best.

He noted that in 2015, the diaspora remittances to Nigeria was $21 billion and that the record proved Nigerians abroad investments, contrary to the CBN’s boss alleged submission.

“Mr. Emefiele has completely missed the point in that front. The man was in charge of the CBN 2015 and he is still the one superintending the apex bank.

“So instead of looking across the ponds for what is not, he should face the bigger picture”, he stated.

He charged the CBN  to focus efforts on rebuilding investor’s confidence, getting the monetary policy  and making good use of remarkable diaspora remittances into Nigeria among other necessities.

To one of the Diaspora group member, Priscilla Nwikpo, after several months of economic shocks, the moment should be a great opportunity for managers of the Nigerian economy including CBN, to provide solution, to the nations economy.

“We thought the era of blame game was over because Nigerians home and away are yearning for inclusive growth”.

Another one, Kayode Salau, maintained that the Nigerians in diaspora direct investments in Nigeria were enough evidence to counter the CBN assertion against contribution people living abroad.

“We are actually the major facilitators of foreign investments, investors and key international partnerships. So Mr. Emefiele and his colleagues need to redouble efforts in buidling a stronger economy and creating an environment that is attractive and secure for investments.”