The Nigerian military is close to completely defeating Islamist Boko Haram militants, President Muhammadu Buhari has told theBBC.He said the militants could no longer mount conventional attacks against security forces or population centres."I think, technically, we have won the war," he said.The president has given the army until the end of the month to defeat Boko Haram, whose six-year insurgency has devastated north-eastern Nigeria.But the BBC's Bashir Sa'ad Abdullahi in the capital, Abuja, says that the deadline is likely tobe extended as Boko Haram is still bombing areasdespite losing towns under its control.Critics of the government argue that it has exaggerated the scale of its success against the militants, and that each time the army claims to have wiped out Boko Haram, the militants have quietly rebuilt.The insurgency is said to have killed some 17,000 people and left more than two million homeless.The jihadists have been forced to cut back on suicide bombings as a result of the military action against them, President Buhari said."Boko Haram has reverted to using improvised explosive devices (IEDs)," he said. "They have now been reduced to that.""Boko Haram is an organised fighting force, I assure you, [but] we have dealt with them."He said the militants had all but been driven outfrom Adamawa and Yobe states and remained aforce only in its heartland of Borno state."They cannot now marshal forces and attack towns or attack military installations and so on as they did before."I don't think this is mad talking."The president said that Nigeria had reorganised and reequipped the military. which had receivedtraining from the British, the Americans and theFrench."A lot is being done," he said.
The decision of Deposit Money Banks, DMBs, to place a restriction on the use of ATM cards abroad by bank customers is due to scarcity of foreign exchange, the CBN has said.The CBN said although it sympathizes with Nigerians for the sufferings they are experiencing in carrying out transactions abroad, it can't reverse the decision of DMBs and the CBN is in support of it as it would assist in reducing the pressure on the Naira.The Director, Monetary Policy Department, CBN, Mr. Moses Tule, explained that the restriction might continue until Nigeria could increase its foreign exchange earnings. He said if banks had not taken the decision to restrict the use of the ATM cards abroad, some of them would current be experiencing challenges meeting the overseas demand of their customers.May GOD help Us.. AMEN!!!
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