DG NEMA TAKES DISASTER RISK REDUCTION AWARENESS TO PRIMARY SCHOOL PUPILS IN ABUJA.(PHOTOS).

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 DG NEMA Takes Disaster Risk Reduction Awareness To Primary School Pupils in Abuja The Director General of NEMA, Mrs. Zubaida Umar, has visited LEA Primary School, Durumi, Abuja where she engaged pupils in an interactive session on disaster prevention and safety awareness. The visit which formed part of NEMA’s ongoing efforts to promote disaster risk reduction education among young Nigerians and build a culture of safety from an early age. A statement by Manzo Ezekiel, Head, Press Unit indicates that while addressing the pupils, Mrs. Zubaida Umar emphasized the importance of basic safety habits and simple disaster mitigation measures that children can adopt both at home and in school. She taught the pupils practical steps to reduce risks associated with common emergencies such as fire outbreaks, flooding, and unsafe play environments.  The Director General encouraged them to be safety conscious, remain alert to potential dangers in their surroundings, and promptly report hazar...
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NAIRA STRENGTHENS BY 7.43% TO N1750 AGAINST DOLLAR AT THE BLACK MARKET. (PHOTO).

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 Naira strengthens by 7.43% to N1750 against dollar at the black market 


The Naira witnessed a notable surge on Thursday, reaching a high of N1750 per dollar in the parallel market, commonly known as the black market.


This surge represents a substantial 7.43% increase, with the currency strengthening by N130.00 compared to the previous day’s closing rate of N1,880.


The surge coincides with Nigeria’s intensified efforts to counter the ongoing depreciation of the Naira.


In response to the currency’s decline, Nigeria has ramped up measures to stabilize its value. These efforts include cracking down on informal foreign currency street traders and targeting a popular cryptocurrency trading platform.


Throughout the week, the naira experienced a significant decline in value, hitting a low of N1,880 to the dollar on Thursday.  


This depreciation has widened the disparity between the unofficial market rate and the official rate of the naira, presenting challenges to the government’s goal of unifying the two rates. 


Despite the Central Bank of Nigeria’s implementation of various policies aimed at boosting the supply of foreign exchange (forex), these developments persist, underscoring the complexities of managing currency stability in the face of economic challenges.

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