NEWS: INEC extends PVC collection, Fresh Immigration Recruitment and others Stories in today’s News update

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INEC extends PVC collection to March 8

Due to the rescheduling of the 2015 general elections, the Independent National Electoral Commission has extended the deadline for the collection of Permanent Voter Cards by registered voters.

On Saturday, February 7, 2015, INEC  rescheduled the 2015 general elections due to security challenges. The national elections (i.e. Presidential and National Assembly) have been rescheduled to hold on March 28, 2015 while the state elections (Governorship and State Assembly) will now hold on April 11th 2015.

The commission in a statement signed by its Secretary, Mrs. Augusta Ogakwu, said collection of the cards will continue for four more weeks until March 8th, 2015.

For more on this news, visit Punchng.com

Poll Postponement Unsettles Currency, Equity Markets

Following the postponement of the general election by the Independent National Electoral Commission (INEC), analysts on Monday, said the naira and equity markets are expected to weaken.

According to the Reuters, the nation’s currency closed at N196.50 against the dollar, extending its slide since the start of November to 18 per cent.

Renaissance Capital (RenCap), an investment and financial advisory firm, in a report yesterday said that the protracted uncertainty would weigh on the naira and according to the firm, the 2015 presidential election promises to be the “tightest since the resumption of civilian rule in 1999”.

It said “Our most plausible alternative scenario (30-40 per cent probability) is that the CBN will loosen its hold on the naira before the 28 March elections. It would do this by allowing the naira to weaken on the official forex market (as it did in November, before the 8 per cent devaluation), which would translate into corresponding depreciations in the interbank and bureau de change markets. We believe this would help the CBN to stem the fall in reserves.”

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FG Agrees to Conduct Fresh Immigration Recruitment

Months after the recruitment exercise into the Nigerian Immigration Service, which claimed the lives several Nigerians and left many injured, the Federal Government has concluded arrangements to conduct fresh recruitment of applicant into the Nigerian Immigration Service.

Chukwuemeka Obuah, the Public Relations Officer of the Nigerian Immigration, confirmed this after advertorials were placed in major media outlets for that purpose.

He noted: “The Presidential Committee To Assist In Immigration Recruitment on Monday  February 9, 2015 placed advertorial in some national dailies requesting applications from suitable Nigerians for enlistment into the Nigeria Immigration Service starting from  9th February 2015 to 22nd March, 2015. the application is free and must be done online”.

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