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 WEAKENS TO N1, 590 AGAINST THE DOLLAR IN THE PARALLEL MARKET. (PHOTO).

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 Naira weakens to N1,590 against the dollar in the parallel market.



The Naira dropped to N1,590 per dollar in the parallel market, down from N1,580 per dollar on Monday. In addition, the Naira fell to N1,582.09 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.


Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,582.09 per dollar from N1,570.99 per dollar on Monday, indicating an N11.1 depreciation for the Naira. The volume of dollars traded in the market declined by 18.2 percent to $201.43 million from $246.44 million traded on Monday.


As a result, the gap between the parallel market and NAFEM rate narrowed to N7.91 per dollar from N10.8 per dollar on Monday.


Isa Garba, a currency trader, attributed the Naira's depreciation to increased demand and low supply of the dollar.


Today, the Naira depreciated against the dollar by N10. I bought a dollar at N1580 and sold it for N1,590, compared to yesterday's rate. Today, there is less supply of dollars. The dollar was traded at N1,600 per dollar this morning and closed at N1,590.


"Due to the low supply, few traders were present in the market, adding to the demand and supply pressure."

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