The day's top stories: Teacher, don't teach me nonsense

[View this email in your browser] A rainy day in Lagos brings with it all the familiar foes: overflowing gutters, traffic, and floods. Hopefully, your phone or laptop didn’t get wet today, so you can use it to read this newsletter. And now, the news. Teacher, don’t teach me nonsense Fela had a song for most things, so when I read today that the CBN governor, Godwin Emefiele a [taught a lecture last Friday] entitled, ‘Managing monetary policy in turbulent times’, to participants of the Senior Executive Course 38 at the National Institute of Policy and Strategic Studies (NIPSS) in Kuru, I wonder what precisely he taught them. He even said: “If people criticise your policies, especially in Nigeria, such policies are good; the people criticise them because they know that they cannot circumvent them.” Hmmm. Really, Governor? Just last week, the man you replaced at the CBN, Emir Sanusi, said this: "We talk about oil subsidies that brought oil billionaires. But, we have also created our own billionaires since 2015 from foreign exchange subsidies. When the CBN was selling dollars at N197 and people were buying at N300, if I sit in my garden and make calls on the phone, I will have enough people to call in the industry to get me $10 million at official rate. Do you doubt it? As a former MD, former governor of the CBN and what they now call a royal father? I sit in my garden and make a few phone calls, and get $10 million at N197 per dollar and sell at N300 to the dollar, I will make a profit of N1.03 billion". Like Fela said: "Teacher Emefiele, don’t teach me nonsense". The Boy from Bama Our first of several original reports from the North-East this month, Eromo Egbejule encounters a [boy from the town of Bama] in Borno State who fled a Boko Haram attack. Here is what happened next. [Here is a note] from our Editor-in-Chief, Chude Jideonwo, about what this series aims to achieve, and our reporter on the ground, Eromo Egbejule, [has his say as well]. There are many stories about those who died at the hands of Boko Haram, but not enough about those who have lived through it. Jibrin claps back at yet another colleague in the House Hon. Busayo Oluwole Oke (PDP, Osun State), and chairman of the House Committee on Public Procurement, criticised Abdulmumin Jibrin in an interview and [got served in return]. Staying with legislative news, the House of Reps will now resume on [September 20th], not the 12th, due to the Sallah break. This holiday na wa oh. Akeredolu runs again On Sunday, Rotimi Akeredolu won the right to fly the APC’s flag in the Ondo governorship elections in a narrow victory over Olusegun Abraham. He lost his own polling unit the first time he contested in 2012, so hopefully he has learnt a thing or two over the last 4 years. [Here are 4 reasons he won]. Abacha loot on its way The US is [about to return $458 million to Nigeria], following a ruling by a US District Court sitting in the District of Columbia. Yay! #Impact365 Today, Impact365 talks to Stand To End Rape, a name that says it all. [Good interview too]. If you like this newsletter, don't forge to share. Have a good evening. [share on Twitter] Tweet this Newsletter [Follow @YNaija on Twitter] [Join our Facebook Commmunity] [Follow @YNaijaonline on Instagram] [YNaija Website] Copyright © 2016 YNaija, All rights reserved. You are receiving this email because you opted in at our website or attended one of our events. Our mailing address is: YNaija 59, Ogunlana Drive Surulere 101283 Nigeria [Add us to your address book] Want to change how you receive these emails? You can [update your preferences] or [unsubscribe from this list]