Many people were injured following an explosion from a truck conveying the Liquefied Petroleum Gas (LPG) in Gwagwa community, in Abuja. The incident took place near the popular Police Junction in the community. Some residents who spoke to Daily Trust said the driver had suddenly parked the vehicle after perceiving odour of the content, and alerted people to run. A resident, Sulaiman Musa, said the driver stood there for a while before he disappeared after the vehicle got engulfed in fire.
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By Kadiri Abdulrahman
Abuja, March 8, 2021 Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the new, “Naira 4 Dollar Scheme’’ for diaspora remittances will enhance a transparent and more flexible remittance administration.
Emefiele said this in a series of tweets in CBN’s verified twitter handle.
He stated that the scheme will greatly enhance the benefits of diaspora remittances in supporting investments and economic growth in Nigeria.
He said that the scheme was consistent with the global trend, adding that the apex bank aspired to ensure that remittance flows and diaspora investments became a significant source of external financing.
Emefiele said this in a series of tweets in CBN’s verified twitter handle.
He stated that the scheme will greatly enhance the benefits of diaspora remittances in supporting investments and economic growth in Nigeria.
He said that the scheme was consistent with the global trend, adding that the apex bank aspired to ensure that remittance flows and diaspora investments became a significant source of external financing. CBN strives to constantly improve our remittance infrastructure, ease the process of international money transfer and simplify the experience for senders and recipients.
“We believe this new measure will help to make the process of sending remittance through formal bank channels cheaper and more convenient for Nigerians in the diaspora.