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Protesters ground NASS, task lawmakers to back cashless policy

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Protesters, yesterday, barricaded the entrance of the National Assembly and called on lawmakers to support the Central Bank of Nigeria (CBN) cashless policy and currency redesign.

The agitators under the umbrella of Initiatives for Patriotic Nigerians argued that the new policy would stabilise exchange rate and promote free and fair elections.

The Convener, Abubakar Kurawa, who spoke in Abuja, said it was not in dispute that proliferation of liquid cash in the hands of many create more damage than good to the country, be it economic, political or security.

“There is no gainsaying that criminals such as kidnappers, drug dealers, oil thieves and so many others not mentioned, always makes use of cash to achieve their illicit goals.

“Given this fact, coupled with the present security challenges across the country, all hands must be on deck to ensure that necessary support is provided to curb the menace. In the case of CBN, the support it can give in this regard is to curtail the money in circulation, hence this policy can’t be more timely.

“Also, this is an election period. Due to amendments of Electoral Acts which makes open manipulation of election results practically impossible, some politicians are likely planning to indulge in massive vote buying (we witnessed what happened in the recently concluded Ekiti and Osun gubernatorial election).

“To this end, CBN is playing its corporate social responsibility by making sure that huge cash withdrawals is made very difficult or impossible. By this, it helps in ensuring free and fair elections.”

Meanwhile, House of Representatives has rescheduled the appearance of the CBN governor, Godwin Emefiele, before the parliament for Tuesday next week.

Deputy Speaker, Idris Wase, who disclosed this at plenary, said Emefiele,  who was scheduled to appear yesterday had written to say he was out of the country.

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The House had last week summoned the CBN governor to appear before him over the  new cash withdrawal limit approved by the apex bank. The CBN pegged the maximum cash withdrawal by individual per week at N100,000 and N500,000 for corporate organisations. Also, the maximum daily limit for individuals at N20,000, effective from January 9, 2023.

Regardless, lawmakers, while debating  a motion on  the propriety of the new cashless policy, had argued that the policy if allowed to stand would strangulate the economy, as well as impose hardship on the people.

According to them, contrary to Section 8(4)(5) of the CBN Act, which mandates the apex bank to brief the National Assembly on monetary policies, at intervals, Emefiele has allegedly kept the parliament in the dark on major policies by the CBN.

However, the CBN governor, in a letter to the House,  informed the lawmakers that  he was part of  President Muhammadu Buhari’s delegation to the Washington DC, and would not be available.

However, a high court of the Federal Capital Territory,  Abuja, has refused  to stop the new cash withdrawal policy of CBN.

Rather, Justice Chizoba Oriji granted an order for accelerated hearing of the motion on notice filed on behalf of 20 million unbanked Nigerian citizens.

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Those who filed the suit marked FCT/HC/CV/724/2022 for themselves and on behalf of 20 million unbanked Nigerian citizens are, Adamu Sarki, Shekwoyi Gaza; Philip Tanko; Victor Okoro and Ismaila Ibrahim.

The rest are Mohammed Rabo; Yunusa Musa Gani; Helen Luka; Suleiman Yusuf and Adamu Gaidam Asu.

Listed as respondents are the president, the Attorney General of the Federation, CBN and the governor of the apex bank.

In an exparte motion moved by their counsel, P. A Obu, the applicants prayed the Court to grant injunctions restraining the Respondents from proceeding with the January 31, 2023 deadline of the use of the current N200, N500 and N1,000 notes as it affects the applicants without any realistic plans or workable guidelines to cover the over 20 million unbanked Nigerians who are vulnerable to information and the use of technologically driven platform without the possibility of financial inclusion.

They prayed for another injunction restraining the Respondents from implementing the revised cash withdrawal limiting the maximum cash withdrawal over the counter (OTC) by individuals and corporate organisations per week to N100, 000 and N500, 000 respectively which is a violation of the  Money Laundering (Prevention and Prohibition Act, 2002 which also constitutes a flagrant violation of the fundamental rights of the applicants as guaranteed under the 1999 Constitution as well as the African Charter on Human and Peoples Rights (Ratification and Enforcement) Act.

Furthermore they asked the Court to grant an order for accelerated hearing to the Suit and also an order for substituted service on the parties while also praying for the order of court mandating the CBN to produce a detailed plan and guidelines covering the over 20 million unbanked citizens who are vulnerable to the use of telecommunication and technologically driven money platforms.

Justice Oriji having listened to the counsel to the applicants refused the prayers for injunction but rather directed that all the respondents be put on notice to come and show cause why the order for injunction should not be granted against them.

The judge thereafter adjourned the matter to  January 10, 2023 after granting orders for accelerated hearing and substituted service.

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Court Admits Supreme Court Judgment Against Emefiele in $4.5bn, N2.8bn Fraud Trial Despite Defence Objection

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Court Admits Supreme Court Judgment Against Emefiele in $4.5bn, N2.8bn Fraud Trial Despite Defence Objection
Former CBN Governor, Godwin Emefiele in court

Court Admits Supreme Court Judgment Against Emefiele in $4.5bn, N2.8bn Fraud Trial Despite Defence Objection

LAGOS, NIGERIA — The Ikeja Special Offences Court has overruled an objection by former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and admitted a certified true copy of a Supreme Court judgment into evidence in his ongoing $4.5 billion and N2.8 billion fraud trial.

Justice Rahman Oshodi, who presided over the proceedings on Friday, admitted the judgment as Exhibit L, ruling that it was a public document admissible in evidence.

The document reportedly concerns multiple properties forfeited to the Federal Government and allegedly linked to the former CBN governor.

The prosecution had sought to tender the Supreme Court judgment through its eighth witness, Alvan Gurumnaan, the lead investigator in the case.

However, Emefiele’s defence counsel opposed its admission, questioning its relevance and legal admissibility in the ongoing criminal proceedings.

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Emefiele is facing a 19-count charge bordering on alleged gratification, corrupt demands and abuse of office involving $4.5 billion and N2.8 billion.

He is standing trial alongside Henry Omoile, who faces a separate three-count charge over the alleged unlawful acceptance of gifts.

During Friday’s proceedings, the defence challenged the prosecution’s attempt to introduce the Supreme Court judgment, raising concerns about its relevance to the criminal trial and the circumstances surrounding the document’s presentation.

The defence also questioned the prosecution’s reliance on the judgment, which arose from a forfeiture-related matter.

In his ruling, Justice Oshodi dismissed the objections, holding that a certified true copy of a court judgment qualifies as a public document that can be admitted in evidence.

The judge explained that judgments are tendered in subsequent proceedings to establish what a court had previously decided, not to automatically import the evidence presented in the earlier case into a fresh trial.

He cited several judicial authorities, including David v. Friyisi Akperen (2000), Egwu v. Ezeubu (1992), Okoye v. Ogoji (1991) and Ademba v. Odizi (1999), in support of his position.

Justice Oshodi further held that the omission of certain ancillary details did not make the certified judgment incomplete or inadmissible.

Following the ruling, the court admitted the document as Exhibit L, with its use restricted to establishing the decisions previously reached by the Supreme Court concerning the disputed assets.

The development marks another stage in the prosecution’s presentation of evidence against the former CBN governor.

The court subsequently adjourned the case until December 17, 2026, for the continuation of cross-examination and further proceedings.

 

Court Admits Supreme Court Judgment Against Emefiele in $4.5bn, N2.8bn Fraud Trial Despite Defence Objection

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[ICYMI] Mohbad Was Killed Over DNA Dispute, His Friend Told Me – Father Alleges

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[ICYMI] Mohbad Was Killed Over DNA Dispute, His Friend Told Me – Father Alleges

 

LAGOS, Nigeria — Joseph Aloba, father of late Nigerian singer Ilerioluwa Aloba, popularly known as Mohbad, has alleged that his son was killed over issues surrounding DNA testing and paternity.

 

Aloba made the startling allegation during an emotional interview, claiming that a close friend of the late singer told him that the controversy over paternity was connected to his son’s death.

 

” Mohbad was killed because of DNA. I’m saying it now for the whole world to hear. Mohbad was killed because of DNA, his friend told me. He was killed because of paternity,” the bereaved father declared.

 

His claim has introduced another dimension to the controversy surrounding the circumstances of the singer’s death and the prolonged dispute within his family.

 

DNA Controversy Deepens

 

Mohbad died on September 12, 2023, at the age of 27, under circumstances that have continued to generate public debate and calls for justice.

 

Since his death, a protracted disagreement has emerged between his father and widow, Omowunmi Aloba, over the paternity of their son, Liam.

 

The dispute has also fuelled demands for a DNA test to establish the child’s biological paternity.

 

The controversy took another turn following reported court-ordered DNA sample collection involving parties connected to the dispute in October, although the outcome of the process remains a subject of public interest.

 

Father Seeks Public Support

 

During the interview, Joseph Aloba appealed to Nigerians and other well-meaning individuals to support his demand for justice and transparency over his son’s death.

 

He maintained that there were deeper issues surrounding the events that preceded the singer’s demise, pointing specifically to the alleged connection between the DNA controversy and the circumstances of his death.

 

However, his latest allegation has not been independently substantiated, and no official investigative finding has established that a DNA or paternity dispute was responsible for Mohbad’s death.

 

The allegation is therefore expected to generate further reactions as Nigerians continue to demand answers over the circumstances surrounding the death of the former Marlian Records singer.

 

Mohbad’s death remains a subject of public interest, with his family and supporters continuing to seek clarity and justice.

[ICYMI] Mohbad Was Killed Over DNA Dispute, His Friend Told Me – Father Alleges

 

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Oluwo Advised to Exercise Restraint, Emotional Intelligence Amid Osun Govt Controversy

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Oluwo Advised to Exercise Restraint, Emotional Intelligence Amid Osun Govt Controversy

 

Public analyst, Lukman Raimi, urges monarch to embrace diplomacy, strengthen ties with government, prioritise peaceful coexistence and community development

 

A public analyst, Lukman Raimi, has advised the Oluwo of Iwo, Oba (Dr.) Abdulrasheed Adewale Akanbi, Telu I, to exercise emotional intelligence, strategic caution and restraint in his public engagements amid the controversy surrounding a reported cautionary letter issued to the monarch by the Osun State Government.

 

Raimi, who offered the advice in a public commentary, said the traditional ruler should avoid unnecessary verbal confrontations and adopt a more diplomatic approach in addressing issues capable of generating tension between the palace, the government and members of the public.

 

The analyst noted that the reported letter from the Osun State Government had generated mixed reactions, with some people welcoming the government’s intervention while others, particularly supporters of the monarch, expressed disagreement.

 

However, he said he belonged to neither camp, explaining that his intervention was intended to offer constructive advice to the monarch rather than take sides in the controversy.

 

According to him, understanding the relationship between traditional institutions and government authorities is essential to preserving the dignity and influence of the throne.

 

Raimi pointed out that state governments exercise statutory responsibilities over the appointment, recognition, regulation and remuneration of traditional rulers, subject to applicable laws.

 

He therefore urged the Oluwo to recognise the limits of traditional authority while appreciating the constitutional and statutory responsibilities of government.

 

Religious Convictions and Royal Restraint

 

Addressing the religious and cultural dimensions of the controversy, the analyst acknowledged that differences surrounding religion and cultural identity had generated tensions in parts of Yorubaland, including Iwo.

 

He maintained that the Oluwo had every fundamental right to affirm and practise his Islamic faith, stressing that the monarch should not be expected to apologise for his religious convictions.

 

Raimi also acknowledged that some critics of the monarch’s Islamic beliefs had allegedly resorted to provocative comments and derogatory remarks.

 

Nevertheless, he argued that such provocations should not compel a traditional ruler to engage in prolonged public exchanges or respond to every criticism.

 

Describing himself as a proud Muslim, Raimi said he admired the Oluwo’s commitment to Islam but believed that frequent public responses, the use of street slang and prolonged verbal exchanges were inconsistent with Islamic etiquette and the dignity expected of a traditional ruler.

 

He urged the monarch to demonstrate that religious commitment, cultural appreciation and peaceful coexistence could exist side by side.

 

‘A King Must Not Fight Like a Servant’

 

To reinforce his argument, Raimi invoked two Yoruba expressions which, according to him, capture the expectations of royal conduct.

 

He quoted the saying, “Oba kì í jagun bí ẹrú,” meaning that a king does not fight battles like a servant.

 

He also cited the expression, “Oluwo kò ṣe wò!” to emphasise the importance and dignity of the Oluwo’s throne.

 

The analyst argued that kingship comes with responsibilities that require wisdom, composure and the ability to rise above personal disagreements.

 

He further referenced prominent traditional rulers, including the Sultan of Sokoto, the Emir of Ilorin, the Emir of Kano, the Ooni of Ife, the Oba of Lagos, Oba Rilwan Akiolu, the Olubadan of Ibadanland and the Oba of Benin, as examples of monarchs whose public engagements, in his view, demonstrate the importance of measured communication.

 

According to Raimi, prominent traditional rulers often face criticism and insults but generally refrain from responding to every provocation because of the dignity associated with their offices.

 

He maintained that the Oluwo could protect his royal image and strengthen his influence by adopting a similar approach to public communication.

 

Analyst Recommends Meeting With Osun Governor

 

Beyond urging restraint, Raimi recommended that the Oluwo consider paying courtesy visits to the Osun State Governor and the Commissioner responsible for Chieftaincy Affairs.

 

He described such visits as important diplomatic gestures that could demonstrate institutional respect and a willingness to pursue constructive engagement.

 

According to him, direct engagement with government officials could help strengthen relationships, clarify possible misunderstandings, address misleading information and create opportunities for meaningful collaboration.

 

He suggested that rather than allowing disagreements to escalate through public exchanges, the palace should explore diplomatic channels capable of producing lasting understanding between the traditional institution and the state government.

 

Calls for Greater Focus on Community Development

 

Raimi also urged the monarch to devote greater attention to initiatives that would improve the welfare and development of people in Iwoland.

 

He specifically highlighted peaceful coexistence, charitable interventions, children’s mentorship, youth empowerment, support for widows and sustainable community development as areas deserving greater attention from the palace.

 

He advised the Oluwo to reposition himself as an ambassador of Islam, a proponent of the positive aspects of Yoruba culture, a father to all and a servant leader.

 

The analyst said the monarch had an opportunity to demonstrate that Islamic convictions, respect for Yoruba heritage and peaceful coexistence were not mutually exclusive.

 

He added that sustained commitment to these ideals would strengthen the Oluwo’s public image, enhance his royal legacy and elevate his standing beyond temporary controversies.

 

‘Royalty Must Be Defended With Wisdom’

 

Concluding his intervention, Raimi prayed for Allah’s guidance, patience and wisdom for the Oluwo, expressing hope that the monarch would enjoy a peaceful reign.

 

He also expressed confidence in the monarch’s personal appeal, ending his message with a humorous compliment about his handsome appearance.

 

“Long live the Oluwo! Long live Iwoland!” he declared.

 

His intervention comes amid continuing public discussions about the relationship between traditional institutions, religious identity and government authority in Osun State, with the analyst urging the Oluwo to embrace diplomacy and community-focused leadership as a means of strengthening his reign.

 

 

Oluwo Advised to Exercise Restraint, Emotional Intelligence Amid Osun Govt Controversy

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