ROSATOM DISCUSSING NUCLEAR PROJECTS WITH NIGER & ETHIOPIA. (PHOTO).

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 Rosatom Discussing Nuclear Projects With Niger & Ethiopia "Rosatom is open to discussing possible forms of cooperation and is prepared to offer modern, reliable, and safe technologies," the Russian state corporation stated, Sputnik reported. Cooperation between the parties is currently focused on establishing working mechanisms and defining project parameters, with decisions being taken gradually in line with the host country’s priorities and international safety standards, Rosatom said. Rosatom is in dialogue with more than 20 African countries on such areas as the construction of large and small nuclear power plants, nuclear science and technology centers, and the development of uranium deposits.

SUPREME COURT NULLIFIES NAIRA SWAP POLICY,SAYS OLD NAIRA NOTES VALID TILL DEC. 31.(PHOTO).




Supreme court nullifies naira swap policy, says old Naira notes valid till Dec. 31


The Supreme Court has ruled that the old N200, N500, N1,000 notes remain valid and should be in circulation till December 31, 2023.


In a ruling delivered today March 3, the apex court also nullified the Federal Government’s naira redesign policy, declaring it as an affront to the 1999 Constitution.


Justice Emmanuel Agim who read the lead judgement, held that the preliminary objections by the defendants (the Attorney General of the Federation, Bayelsa and Edo states) are dismissed as the court has the jurisdiction to entertain the suit.


Citing Section 23(2)1 of the constitution, the court held that the dispute between the federation and states, must involve law or facts.


The apex court further held that President Buhari in his broadcast, admitted that the policy is flawed with a lot of challenges.


The court also held that the policy has led to some people engaging in trade by barter in this modern age, in a bid to survive. The court added that the President’s disobedience of the February 8 order, is a sign of dictatorship.


Sixteen states of the Federation instituted the suit to challenge the legality or otherwise of the introduction of the policy.

 

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