LSPHCB, SCI COLLABORATE TO STRENGTHEN CHILD IMMUNISATION. (PHOTO). #PRESS RELEASE.

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 LSPHCB, SCI COLLABORATE TO STRENGTHEN CHILD IMMUNISATION The Lagos State Primary Health Care Board (LSPHCB) hosted a high-level delegation from Save the Children International (SCI), led by Country Director, Mr. Duncan Harvey, during an official courtesy visit to the board on Thursday, 17th September 2026. The visit comes as part of Save the Children’s global leadership tour in Nigeria to evaluate the impact of the BOOST Project (Better Opportunities for Optimal Services and Targeted Immunisation for Zero-Dose and Under-Immunised Children) and to align on strategic priorities for child health across the state. Welcoming the delegation, the Permanent Secretary, Dr. Ibrahim Akinwunmi Mustafa, expressed sincere appreciation to Save the Children International for their unwavering support, noting that while Lagos State remains one of the country's highest investors in health care and child nutrition, its unique demographic landscape demands continuous collaboration. Dr. Mustafa highlig...
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PRESIDENCY TO CURRENCY SPECULATORS: DUMP YOUR STOCK OF DOLLARS NOW TO AVOID SORROWS, TEARS. (PHOTO).

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 Presidency to Currency Speculators: Dump your stock of dollars now to avoid sorrows, tears

 

The Presidency has issued a stern warning to forex speculators, urging them to divest their holdings of Dollars, as the Naira is poised to appreciate in value.


Bayo Onanuga, the Special Adviser on Information and Strategy to President Bola Tinubu, conveyed this message via a statement posted on his official X handle on Thursday.


In his statement, Onanuga urged currency speculators to act swiftly and dispose of their stock of dollars to avoid facing potential losses.


He emphasized, “With backlog FX settled, Naira is set to appreciate further, faster. Currency speculators should quickly dump their stock of dollars to avoid sorrows and tears.”


The warning comes in the wake of the Central Bank of Nigeria’s (CBN) announcement that it successfully cleared the $7 billion foreign exchange backlog inherited by Governor Yemi Cardoso.


Mrs. Hakama Sidi Ali, the Acting Director of Corporate Communications at the CBN, confirmed the resolution of all valid FX backlog claims in a statement released on Wednesday.


Ali disclosed that the CBN engaged the services of Deloitte Consulting, an independent auditing firm, to meticulously assess the transactions and ensure that only legitimate claims were honored.


She added that any invalid transactions were referred to the relevant authorities for further investigation.


The CBN’s concerted efforts to address the FX backlog have yielded positive results, with the country’s external reserves experiencing a significant surge. As of March 7, 2024, the external reserves stood at $34.11 billion, marking the highest level recorded in the past eight months.


The statement from the Presidency underscores the government’s commitment to stabilizing the forex market and bolstering the value of the Naira against foreign currencies.


As the country continues its economic recovery efforts, such measures aim to instill confidence among investors and safeguard the nation’s currency from speculative activities.

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