Sabuwar wakar AREWABLOG part2 By Haruna Zango
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Allah yajikan rundunar sojojin Nigeria(RIP)

Rundunar sojojin sama suntashi rundunar Boko haram bayan harin da akakaiwa rundunar sojojin Nigeria a (Metela) a barno
*adadin sojojin da akakashe yakai misalin 130 hakan neyasa yarazana rundunar sojojin kasar Nigeria
*Wannan harin yabigi kowa tundaga kan gwamnatin harzuwa al,umar kasannan

The Bayelsa State Police Command has disarmed and arrested a Police Sergeant attached to Akenfa Division, Timadu Emmanuel over the alleged murder of a Petroleum Engineering Student of the Niger Delta University,NDU, Tariela Nikade during a raid of criminal hideouts at Tenacious Road, Edepie in Yenagoa, DAILY POST can report.

The Bayelsa State Police Public Relations Officer, DSP Asinim Butswat disclosed this while reacting to the dastard killing of the twenty-year-old Student.

DSP Butswat who condoled with the family of the deceased said justice must be served in the matter.

He expressed regrets over the unfortunate incident involving a Police Officer and residents of the area.

According to DSP Butswat,” On 23 November, 2018, at about 19:30 hours, Sergeant Timadi Emmanuel attached to a patrol team of Akenfa Division, while on patrol at Tinacious Road, Edepie, under questionable circumstances shot one Tariela Nikade ‘m’ 20 years. The victim was rushed to the hospital, where he was later confirmed dead.

“The Sergeant has been disarmed, arrested and is undergoing orderly room trial. The investigation is in progress and its outcome will be made public.

“The Command is hereby appealing to residents to be calm and assures the family and the general public that justice will be done”.

It would be recalled that the disarmed Police Sergeant allegedly gunned down the student on Friday night.

The incident made residents of Akenfa area to stage a protest against the murder of the student.

Police raids have been ongoing in most parts of the State due to the upsurge in crime and criminality.

Central Bank of Nigeria (CBN)
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Thursday gave reasons why it resolved to retain for the 14th consecutive time its controlling monetary policy rates.
At the end of the 264th meeting of the committee in Abuja, CBN governor, Godwin Emefiele, said all 11 members in attendance voted to leave the monetary policy rate (MPR) unchanged at 14 per cent, just as cash reserve ratio (CRR) was retained at 22.5 per cent and Liquidity Ratio at 30 per cent.
The asymmetric corridor was also left unchanged at +200 and -500 basis points around the MPR.
In his post-meeting media briefing, Mr Emefiele said the committee resolved to leave the economic parameters unchanged despite other options to either loosen or tighten, due to continued confidence in them to moderate domestic prices and stabilize the foreign exchange market.
According to the CBN governor, the committee believed relaxing the policy rates would encourage the flow of credits to the real sector, help reduce aggregate cost of credit and stop business spending and investment.
This, he pointed out, would reinforce CBN’s support for output growth and economic recovery and align with its primary mandate of monetary policy and price stability.
However, Mr Emefiele said the MPC noted that relaxing the rates would rapidly reverse all the gains of price and exchange rate stability achieved so far, given the liquidity impact that would ensue.
Consequently, he said the committee believed the ensuing liquidity would exert pressures on the exchange rate and further depress the capital market, in the light of increased capital flow from monetary policy normalization by the US federal department.
Similarly, the CBN governor said the committee decided against tightening the existing policy rates, considering that doing otherwise would strengthen the stability of the foreign exchange market.
“Because of the dampening effect on the demand for foreign exchange, the committee was convinced tightening will simultaneously dampen investment growth, widen the output gap, depress aggregate demand and weaken output growth,” he stated.
Noting the relative stability in the foreign exchange market, the CBN governor attributed this to the sustained policies of the banks to increase the supply of foreign exchange from autonomous sources.
Although foreign reserves decreased from $42.6 bn at the end of September 2018 to $41.53 bn on November 16, 2018, he said this reflected the sustained profit-taking activities by portfolio investors, as foreign yields become increasingly more attractive abroad.
Also, he said the equities segment of the capital market has remained bearish, with all share index decreasing by 8.7 per cent, from 34,848.45 on August 31 to 32,058.28 on November 16.
Market capitalisation equally decreased by 8.7 per cent, from 12.72 trillion to N11.73 trillion during the same period.
However, the MPC expressed optimism the economy would experience the reversal of the declining trend in the medium term given the current efforts by government to further improve investor confidence and the relative stability in the investors and exporters window of the Nigerian foreign exchange market.
The overall macro-economic indices for the economy, the committee projected, remained positive for the fourth quarter of 2018.
Members hinged the turnaround on the expectation of the effective implementation of the economic recovery and growth plan and the 2018 budget; improvement in the security challenge; enhanced flow of credits to real sector and stability in the foreign exchange market, to redirect the economy on the path of inclusive and sustainable growth.
“Improvement in productivity in the oil and non-oil sectors are also expected drive output growth in the medium term, with the downside risks to include reduced portfolio flows and inflows, absence of fiscal buffers, low domestic credits and we aggregate demand,” he said.

The Executive Vice Chairman of Nigerian Communications Commission (NCC), Professor Umar Danbatta, on Thursday raised the alarm over shutting down of telecommunications base stations by some state governments and agencies.

Danbatta, who raised the alarm at the South-West stakeholders’ parliament with relevant agencies in charge of telecommunications entitled “Optimizing the benefits of Telecoms Infrastructure in Nigeria”, held in Ibadan, the Oyo State capital, added that “shutting of the telecommunications base stations engenders security risk”.

DAILY POST recalls that some state governments including Kogi through Kogi State Internal Revenue Service (KGIRS), recently shut down telecommunications base stations of some of the telecommunications companies operating in the state due to issues bothering on levies and taxes.

But, Danbatta, who was represented by the Director of Legal and Regulatory Services of the commission, Mrs.Yetunde Akinloye, said “the habit of shutting down stations must stop”.

Danbatta stated that the state governments and other agencies should rather be interested in protecting the base stations and other telecom infrastructures”.

While urging governments to devise other means of dealing with the issues that have do with tax collection on base stations and telecoms infrastructure, Danbatta called for “transparency in the mode of collecting taxes and other revenue on the telecoms industries by the state governments”.

Director of Compliance Monitoring and Enforcement of NCC, Mr. Efosa Idehen, who said state governments can rake in more internally generated revenue (IGR) using telecoms, urged the state governments to balance the drive for IGR demand with developmental needs of the state.

He charged them not to drive away investors from their states but encourage them, while enjoining service providers and the state governments to work together and harmonize their positions.