LAGOS RE-INTRODUCES MONTHLY ENVIRONMENTAL SANITATION EXERCISE. (PHOTOS). #PRESS RELEASE.

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 LAGOS RE-INTRODUCES MONTHLY ENVIRONMENTAL SANITATION EXERCISE …Governor, Deputy lead State officials to clean up Mushin corridor Lagos State Governor Babajide Sanwo-Olu, on Saturday, announced the re-introduction of the Monthly Environmental Sanitation in the State. The Governor said the exercise will hold every last Saturday of the Month between the hours of 6:30am and 8:30am but without movement restrictions. He stressed that the exercise would be monitored by State officials with appropriate sanctions to be meted out to erring neighbourhoods and markets. Sanwo-Olu made the pronouncement during a ceremony held in Olosa Bus Stop in Mushin which marked the symbolic flag-off of the monthly sanitation. The Governor, who led his Deputy, Dr. Obafemi Hamzat, and member of the State cabinet on the mission, said the culture of environmental responsibility must be imbibed by the residents across all communities in the state and reflect same in their lifestyle. He observed that environment...
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CBN SPENDS N58.6 BILLION TO PRINT 2.5 BILLION PIECES OF NAIRA NOTES.{PHOTOS}

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The Central Bank of Nigeria spent the sum of N58.618 billion to print 2.518 billion Naira notes, valued at 1. 063 trillion in, 2020.


This was contained in the bank’s 2020 Currency Report posted on its website.


It indicated a decrease in the bank’s expenditure on currency printing, which stood at N75. 523 billion, in 2019 and N64. 040 billion, in 2018.


The current management of the CBN under the leadership of Mr. Godwin Emefiele, has been driving the cashless policy with a view to cutting the cost of printing bank notes and cash management, in the country. The new e-Naira was also initiated in line with the policy.


According to the report, “The total cost incurred on printing of banknotes in 2020 amounted to N58,618.50 million, compared with N75,523.50 million in 2019, indicating a decrease of ₦16,905.00 million or 28.84 per cent.”

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