Train-Bus Collision In Central Kenya Leaves At Least Four Dead, Dozens Injured
<p>At least four people have been killed and dozens injured in a train-bus collision near Naivasha, central Kenya.</p>
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At least four people were killed and many others injured on Thursday when a train collided with a company bus at a railway crossing near the town of Naivasha in central Kenya.
The Kenya Pipeline Company (KPC), which owned the bus, said it was transporting staff who had just completed their morning shift at a nearby training centre.
“All injured staff have been evacuated to hospitals within Naivasha for medical attention,” KPC said in a statement, adding that arrangements were being made to airlift critically injured passengers for further treatment.
Emergency teams, including the Red Cross, responded to the crash site, with rescue operations continuing into the afternoon. A Red Cross worker at the scene confirmed that four bodies had been recovered from the wreckage.
While KPC did not specify casualty figures, The Standard newspaper quoted a police commander as saying at least six people had died and scores sustained injuries.
Authorities have yet to release an official death toll as investigations into the cause of the accident continue.
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<h2>Twelve newly elected members representing various Federal Constituencies in the House of Representatives were sworn into office and pledged their allegiance on Thursday.</h2>
<p>They secured victory in the parliamentary <a href="https://www.naijanews.com/2024/02/07/inec-issues-certificates-of-return-to-winners-of-rerun-bye-elections/">re-run elections held last Saturday</a>.</p>
<p>Despite 15 candidates emerging victorious, only 12 were present in the House chamber for their inauguration, overseen by Speaker Abbas Tajudeen.</p>
<p>Among the winners, seven are affiliated with the All Progressives Congress, five with the Peoples Democratic Party, three with the Young Progressives Party, and one with the Labour Party.</p>
<p>Accompanied by their family members, friends, and political associates, the new lawmakers made their way to the National Assembly Complex for the ceremony.</p>
<p>Meanwhile, the House of Representatives has instructed its Committees on Banking Regulations and Banking Institutions to carry out an investigative hearing regarding the non-compliance of commercial banks and financial institutions with the directives of the Central Bank of Nigeria on the Net Open Position Limits (NOP).</p>
<p>The NOP represents the net outstanding balance of all assets, liabilities, and off-balance sheet items denominated in a specific currency.</p>
<p>The CBN had, in a circular, ED/FEM/PUB/FPC/001/001, dated January 31, 2024, co- and signed by its Director, Trade and Exchange, Hassan Mahmud, and Rita Sike on behalf of the Director, Banking Supervision, addressed to all banks, directed that NOP limit “<em>should not exceed 20 per cent short or 0 per cent long of shareholders’ funds unimpaired by losses using the Gross Aggregate Method.”</em></p>
<p>The circular from the apex bank further emphasized that “<em>banks whose current NOP exceed 20 per cent short of 0 per cent long of their shareholders’ funds unimpaired by losses are required to bring them to prudential limits by February 1, 2024.</em>”</p>
<p>During a plenary session chaired by Speaker Tajudeen Abbas on Wednesday, the House unanimously adopted a motion of urgent national importance concerning the imperative for banks to adhere to the Central Bank of Nigeria's (CBN) policies regarding the retention of excessive long foreign exchange and Net Open Position (NOP) limits.</p>
<p>The representative of Ikorodu Federal Constituency, Babajimi Benson, introduced the motion.</p>
<p>Benson highlighted that the CBN is entrusted with regulating the country's monetary policies as stipulated by the CBN Act.</p>
<p>He emphasized that within the scope of its duties, the CBN is authorized to formulate regulations and issue directives for commercial banks and specific financial institutions to implement.</p>
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<p>A serving National Youth Service Corps (NYSC) member, Adebola Sodiq, has been apprehended by police operatives for allegedly raping a 20-year-old woman in Ogun State. The Ogun State Police Command’s spokesman, SP Abimbola Oyeyemi, confirmed this while parading the suspect at the Owode Egba divisional headquarters, Naija News reports. Sodiq, according to the police mouthpiece, […]</p>
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