“NO ELECTRICITY, NO VOTE,” SOUTH AFRICANS THREATEN TO SHUN RULING PARTY ANC. (PHOTO)

Image
 “No electricity, no vote,” South Africans threaten to shun ruling party ANC Residents in Katlehong, a township outside Johannesburg, have resolved to boycott South Africa's upcoming local elections on November 4 due to long-standing failures by authorities to provide basic services like electricity. For over 20 years, around 180 households in the community have relied on illegal electrical connections pulled from neighboring areas to power their homes. Angry over the lack of formal grid infrastructure, residents are directing their frustration at the ruling African National Congress (ANC). "We have made a collective decision: no electricity, no vote," said community leader Lesiba Rankapole, 59. "We know it is illegal, but we had no choice because we cannot live without electricity. Our children cannot progress without electricity." "I was born ANC, but today I do not want anyone to tell me about the ANC because I am suffering," added 57-year-old resid...

GBAJABIAMILA HAILS SUPREME COURT'S JUDGEMENT ON CURRENCY SWAP. (PHOTOS).#PRESS RELEASE.




Gbajabiamila hails Supreme Court's judgement on currency swap


...says CBN must respect apex court's decision


The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, has hailed the decision of the Supreme Court, which invalidated the deadline for the currency policy introduced by the Central Bank of Nigeria (CBN) and extended it to 31st December, 2023.


Gbajabiamila noted that, by the decision, the apex court has once again proved that it is the highest court of justice in the land. 


He said the House had faulted the implementation of the policy as it went contrary to the law establishing the CBN, and that the Supreme Court's decision has validated the position of the House.


In a press statement on Friday, Gbajabiamila said, "It has always been the position of the House of Representatives that, despite the noble intentions behind the currency swap policy, the design and implementation of the policy have been fatally flawed and contradictory to the ends of law and public policy.


"The decision of the Supreme Court suspending the currency swap policy introduced by the Central Bank of Nigeria (CBN) and extending the implementation deadline to December 31, 2023, validates the position of the House in its entirety."


Describing the implementation of the policy as "remarkably haphazard," Gbajabiamila stated that it fell way short of international standards.


"It deviated from the prior practice of the Central Bank of Nigeria (CBN) without providing any benefits to the Nigerian people or the economy of Nigeria, both of which have suffered significant harm as a result." 


He said the CBN "must respect the apex court's judgement and act quickly to give it full effect. This is necessary to reverse some of the damage done to our economy and prevent the continued suffering of the Nigerian people."


Gbajabiamila commended the governors of Kaduna, Kogi and Zamfara as well as their other colleagues, for approaching the apex court to make a decision on the matter, describing their action as "the right thing to do." 


"It showed their collective adherence to the rule of law and their determination to take bold actions that serve the best interests of the Nigerian people." 


"While we anticipate action by the Central Bank, there is still a need to examine and understand how this policy intervention turned out in the way it did."


"The House of Representatives will exercise its authority to review the actions and inactions, the failures of law and procedure that set the conditions for this profound failure of public policy. This is necessary to ensure we take the right legislative actions to prevent future reoccurrence."

More photos below. 



Comments

Popular posts from this blog

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.