URBANEXPRESSLIVEURBANEXPRESSLIVEURBANEXPRESSLIVE
  • Home
  • Politics
    Politics
    “Followers who tell the truth, and leaders who listen to it, are an unbeatable combination.”— Warren Bennis
    Show More
    Top News
    Buhari Never Trusted Lamido, didn’t Want Tinubu As President-Sule Lamido
    August 31, 2024
    Why Removal of Subsidy Not Cause of Fuel Price Hike-Osifo, TUC President
    September 12, 2024
    Election Updates: Votes Now Sold At N15,000, N20,000 In Edo Election-Ighodalo Alleges
    September 21, 2024
    Latest News
    LG Poll:  Okunola LCDA Chairmanship Aspirant Petition Appeal Committee, Cites Irregularities
    May 13, 2025
    Natasha Vs Akpabio’s Suit: Court To Deliver Judgement 27th of June
    May 13, 2025
    Lagos LG Poll: Inhabitants In Agege Protest Alleged Imposition
    May 13, 2025
    We’ll Support Your Second Term Bid-Osun Assembly Endorse Gov Adeleke
    May 13, 2025
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Search
  • Advertise
© 2024 Urbanexpresslive. All Rights Reserved.
Reading: Allege Purchase of N10 Billion Worth of Bulletproof Cars, CBN Gov, Others Keeps Mum
Share
Notification Show More
Font ResizerAa
URBANEXPRESSLIVEURBANEXPRESSLIVE
Font ResizerAa
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
Search
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
URBANEXPRESSLIVE > web-Page > Business > Allege Purchase of N10 Billion Worth of Bulletproof Cars, CBN Gov, Others Keeps Mum
BusinessDiscover

Allege Purchase of N10 Billion Worth of Bulletproof Cars, CBN Gov, Others Keeps Mum

urbanexpresslive
Last updated: September 1, 2024 8:01 am
urbanexpresslive
Share
2 Min Read
SHARE

Taiwo Popoola

The Central Bank of Nigeria has kept mum two days after a report emerged that its Governor, Olayemi Cardoso and four deputy Governors acquired six ultra-modern armored vehicles worth N10 billion despite the hardship Nigerians are facing.

Recall that the Daily Nigerian on August 30, 2024, reported that Cardoso and deputy governors, Mr. Philip Ikeazor, Emem Nnan Usoro, Bala Bello, and Muhammad Sani Abdullahi purchased six armoured Lexus LX 600 2023.

The report said that Cardoso got two for himself while the four deputies received one each.

The procurement comes despite the governors already having SUVs at part of their convoy, the publication stated.

Similarly, the governors had been alleged to have jacked up their housing allowances to over N1 billion.

However, two days after the report, the Spokesperson of CBN, Sidi Hakama has yet to confirm nor dismiss the claims.

Also, CBN has yet to speak on the matter on its official X handle, as well as website, Urban Express News Online gathered on Sunday.

The development comes nearly a year after the former  lagos state commissioner of  Economic planning and Budget  was appointed  by president Bola Ahmed Tinubu   on September 15, 2023.

 since the appointment of Cardoso, the Monetary Policy Committee has continued to tighten measures.

The latest was the increase of interest rate to 26.75 percent in July 2024.

This comes as the country’s inflation rate declined to 33.40 in July 2024 from 34.19 in June 2023.

However, despite the drop in inflation, the prices of goods have remained significantly high as the Naira to Dollar exchange rate stood at N1598.56 and N1645 in official and parallel foreign exchange markets on Friday.

You Might Also Like

Political Imbroglio: Gov Bala Fires Back, Describes Wike As “Transactional Politician”

South Korea: Why Protesters Storm Court After Extending Yoon’s Detention

Political Imbroglio: Aregbesola  Political Associates Dumps APC

Nansak Selbar In Plateau: Army Clarifies Arrest, Detention, POS Operator

Lagos Assembly Speakership Tussle: Meranda Out, Obasa In

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article What Nigerian Govts Say On Youths Against Drug Addiction
Next Article urbanexpess news Group Accuse Osun State Assembly of Ignoring Petitions
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

What Falz Said Regarding Christian Beliefs, Fornication, and Reactions That Follow
Uncategorized May 14, 2025
What Davido Says Regarding How Nigerians Hate Him, Father’s Wealth
Entertainment May 14, 2025
I’ve Been Sick For Six Years, Been Homeless- Actress Jumoke George Solicits Financial Help
Entertainment May 14, 2025
EPL: Why Van Der Sar Criticises Arsenal’s Raya, Names His Favourites Current Goalkeepers
Urban Sports May 14, 2025
Executive Master of Transport Management
//

UrbanExpressNews is Nigeria Most Reliable Online News, With Quality Pedigree of Writers made available on the online space.

Download Our App

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

info@urbanexpresslive.com

 

Follow US
© 2024 Urbanexpresslive. All Rights Reserved.
Need Help? Chat with us
Start a Conversation
Hi! Click one of our member below to chat on WhatsApp
The team typically replies in a few minutes.
Urbanexpresslive
Welcome Back!

Sign in to your account