ANAMBRA LG COMMISSIONER WARNS AGAINST POLITICISING TOWN UNION OFFICES, URGES FOCUS ON DEVELOPMENT. (PHOTO). #PRESS RELEASE.

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 Anambra LG Commissioner Warns Against Politicising Town Union Offices, Urges Focus on Development ‎By Chisom Okpala ‎ ‎The Anambra State Commissioner for Local Government and Community Affairs, Barr. Vin Ezeaka, has cautioned individuals who perceive the positions of President-General and Town Union Executive as political offices to desist from such notions. He advised that these institutions should remain dedicated to community development and the collective interests of the people. ‎ ‎Barr. Ezeaka made this admonition on Friday, June 5, while receiving the Ugbenu Town Union Executive in his office at the Old Government House, Awka. He warned that such a mindset would foster discord and division rather than promote peace and order within society. ‎ ‎The Commissioner commended the existing peace in Ugbenu community and urged the Town Union Executives to make deliberate efforts toward attracting government developmental projects to their town while sustaining peace and unity among ...
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'OUR BUSINESSES ARE DYING',MOTOR PARTS DEALERS LAMENT DOLLAR SCARCITY.[PHOTO]..

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 ‘Our Businesses Are Dying,’ Motor Parts Dealers Lament Dollar Scarcity


People who own cars or run a transport business will attest to the persistent cost of maintaining their cars. The problem of dollar exchange and sourcing for the currency to carry out export activities by Nigerian motor parts importers is currently biting hard across the country.


Infact, most Nigerian motor parts importers are grappling to survive even in the Federal Capital Territories as some of the markets have lost their boom.


Motor parts importers have lost their credit worthiness before their foreign suppliers who formerly gave them goods on credit.


The prices of automobile engines and other motor parts have risen at an alarming rate as the naira has continued to lose its value.


The naira is trading at N410.89 per dollar at the Central Bank of Nigeria rate, while it is trading around N572 at the unofficial market, but the more serious challenge is the supply of the dollar.


The scarcity has led to a spike in prices of different commodities in the Nigerian market. Earlier in January 2021, a Toyota Highlander 2008 engine was N300,000, but it now sells around N550,000 to N600,000.


A Toyota Corolla S engine as of December was between N320,000 to N330,000 now sells for N380,000 and N400,000.

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