NUT PROTEST : WIKE WARNS AGAINST POLITICISING INSECURITY. (PHOTO).

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 NUT Protest : Wike Warns Against Politicising Insecurity The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has warned against politicising insecurity amid protests by the Nigeria Union of Teachers, FCT wing, over the killing and abduction of school staff and children in Oyo State. Teachers stormed the FCTA Secretariat in Abuja to condemn the killing of Michael Oyedokun and to demand the release of abducted pupils and teachers from Community High School, Ahoro-Esinle in Oriire Local Government Area. The FCT minister addressed the protesters on Tuesday, saying the federal government is on its toes working to secure the rescue of the schoolchildren and their teachers. Wike urged protesters to avoid turning the tragedy into a political issue and to give security efforts time to produce results. Chairman of the union in the FCT, Mr Abdullahi Shafa, explained that the nationwide solidarity protest was to condemn the killing of the teacher and abduction of the school chil...
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CBN INTRODUCES DIGITAL INNOVATIONS TO ENHANCE GOVERNMENT EFFICIENCY. (PHOTO).

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 CBN Introduces Digital Innovations to Enhance Government Efficiency


The Central Bank of Nigeria (CBN) has unveiled two groundbreaking digital systems—the Document Flow System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution—at an event held on Wednesday, January 15, 2025, at its Abuja headquarters.


A press statement released on Thursday described the projects as key components of the “Digital First” transformation agenda initiated by CBN Governor Olayemi Cardoso in December 2023.


“The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has launched two transformative initiatives: the Document Flow System and the MDAs Naira Payment Solution,” the statement read.


In his remarks, Cardoso highlighted the Document Flow System as a major step in modernizing document management processes within the Bank. He explained that the system is designed to digitize operations, minimize paper usage, and streamline approval workflows, thereby improving efficiency.


Cardoso also emphasized the importance of the MDAs Naira Payment Solution, describing it as a pivotal tool for automating cash withdrawal processes for government ministries, departments, and agencies. He noted that the system aims to enhance service delivery and bolster client support.


The Governor praised the in-house development of these systems, citing significant cost savings and their alignment with sustainability goals through advanced technology.


Deputy Governor of Operations, Emem Usoro, lauded the launch as a testament to the Bank’s commitment to innovation and operational excellence. She highlighted the MDAs Naira Payment Solution's potential to improve service delivery, reduce errors, and strengthen fraud prevention measures.


Mrs. Jide-Samuel, Acting Director of the CBN’s Information Technology Department, noted that the MDAs Naira Payment Solution had undergone successful testing with several MDAs. She stated that the initiative reflects the Bank’s objective of achieving “Excellence in Central Banking Operations.”


The statement added, “The MDAs Naira Payment Solution is regarded as a game-changer in financial transaction management. It is expected to reduce payment turnaround time by 70 percent, significantly enhancing Nigeria’s financial ecosystem.”

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