South-West LP Debunk Fake News of Leaders Joining APC

PRESS RELEASE

The attention of the Labour Party of Nigeria especially the Ondo State Chapter has been drawn to a purported meeting/defection held at Adegbemile hall, Akure, today Monday 13th February 2023 at noon.
The meeting attended by about a few dozen people alledged that the entire Southwest Labour Party has been merged with the All Progressive Congress (APC) with effect from today. As expected, the meeting was chaired by an expelled Labour Party member, Mr. Banji Omotoso, who was the then caretaker state chairman in Ekiti state from 2017 to 2019.

The Ondo State Labour Party under the leadership of our able chairman Chief (Mrs.) Remilekun Ojo make bold to state as follows:

1. That the labour party of Nigeria in the Southwest and entire Nigeria remains one and an indivisible party.
2. That the entire Labour Party of Nigeria has never at anytime and will under no circumstances ever think of merging with any other Party, not even the All Progressives Congress (APC) that has brought untold hardship and suffering to the entire nation.
3. That the so-called Southwest coodinator Mr. Banji Omotoso was an expelled member of the party, who since January 2020 has ceased to have anything whatsoever to do with our great Party.
4. That the said Mr. Banji Omotoso was expelled for gross malfeasance and anti-party activities. Therefore he has no authority from any quarters to speak for or on behalf of the Labour Party in Ondo State.
5. That we strongly make it clear to the general public and well-meaning long-suffering citizens of Nigeria to disregard any information from the said Mr. Banji Omotoso who has since ceased to be our (LABOUR PARTY) member.

Thank you.

Signed ;
Chief (Mrs.) Remilekun Ojo
Ondo State Chairman

The Central Bank of Nigeria (CBN) has revised its cash withdrawal limit policy, stating that individuals and corporate organisations can now withdraw N500,000 and N5 million respectively within a week.

Platforms Africa reports that the apex bank announced this in a letter dated December 21 and signed by the CBN Director of Banking Supervision, Haruna Mustafa. The letter, which was made available to PlatformsAfrica, was addressed to all deposit money banks and other financial institutions.

“The maximum weekly limit for cash withdrawal across all channels by individuals and corporate organizations shall be N500,000.00 and N5,000,000.00 respectively,” the letter read.

Cash withdrawal above the limits shall be subject to a processing fee of 3 per cent and 5 per cent for individuals and corporate organisations respectively.

According to the CBN, the decision to revise the policy was based on feedback received from stakeholders.

Previously, individuals were constrained to N100,000 cash withdrawals weekly and N20,000 daily while corporate organisations were limited to weekly withdrawals of N500,000.

“Third-party cheques above N100,000 shall not be eligible for payment over-the-counter, while the extant limit of N10 million on clearing cheques still subsist,” the letter added.

The CBN said monthly returns on cash withdrawal transactions above the specified limits should be rendered to the banking supervision department, other financial institutions’ supervision and payments system management departments.

Cristiano Ronaldo is close to agreeing on a mega transfer to Saudi Arabian outfit All-Nassr.

In a report published by Spanish publication Marca, Ronaldo has been offered a two-year contract by Al-Nassr, who are able to sign the 37-year-old on a free transfer following his departure from Manchester United.

CR7 left United by mutual consent this month
Available on a free transfer.

Marca reports that Ronaldo has also attracted interest from MLS, but he is very conscious of picking up the most lucrative wage possible if calling time on his illustrious career in Europe.

Al-Nassr are willing to pay the Portugal forward a grand total of €400 million if he agrees on a deal to play for the Saudi Arabian club until 2025.

Ronaldo’s second spell at Old Trafford came to an acrimonious end earlier this month as United announced the termination of his contract by mutual consent. The decision was made following the five-time Ballon d’Or winner’s controversial interview with Piers Morgan, during which he accused the club of betraying him and admitted to having no respect for head coach Erik ten Hag

Should Ronaldo indeed end up joining Al-Nassr, he will link up with another former Premier League star in David Ospina, who played in goal for Arsenal between 2014 and 2019.

The striker is currently starring for Portugal at the 2022 World Cup, and will hope for another start when Fernando Santos’ side wrap up their group stage campaign against South Korea on Friday.

Source: goal.com