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Ask CBN to end current madness, APC tells Buhari
Urging President Buhari to obey the Wednesday order of the Supreme Court which invalidated the February 10 apex bank deadline for the swap of old currency notes for new ones, the APC asked the President to direct the CBN to end what it described as the “current madness”, it said had inflicted untold pains on the people.
In a statement issued in Abuja yesterday, titled, ‘Cashless Economy and Presidential Cabal’, APC National Vice Chairman, North-West, Salihu Moh. Lukman said Nigerians are today faced with the most uncertain of times, with national elections a few days away and a deliberate cash squeeze enforced by a deliberate policy of the CBN.
Lukman noted that it was partly on account of the frustration by APC that governments of Kogi, Kaduna and Zamfara states took the matter directly to the Supreme Court where they on Wednesday, obtained an interim order against the CBN’s February 10 deadline to end the validity of the old Naira notes.
He said: “With this judgment, it means that even after February 10, the old notes would still serve as legal tender. The big question is, will this end the current Naira (old or new) scarcity? It may not. If, however, the speculated objective of any so-called cabal is to frustrate the February 25, 2023 elections by either creating conditions that could mobilize electorates to vote against the APC and its candidates, especially Asiwaju Bola Ahmed Tinubu, God willing it shall not succeed.
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“In all of these, it needs to be clearly stated that throughout the tenure of President Muhammadu Buhari, nothing tests his credentials as a converted democrat more than the need to demonstrate more listening ears and compassion to the plight of Nigerians.
“As a converted democrat, which I believe he is, President Buhari needs to demonstrate that by respecting the Supreme Court judgment and directing the CBN to end the current madness that imposes Naira scarcity in the country and untold hardship on millions of Nigerians.
“For both APC, as a party, and Nigeria, as a nation, one of the lessons that the current reality imposes is the need to develop our political parties and make them capable of regulating the conduct of elected functionaries. This is not only the case with APC, but also the case with all our parties. Why should we have a challenge with grave consequences on the electoral fortunes of political parties, yet none of the parties contesting the 2023 elections has convened any emergency meeting of their National Executive Committee NEC? Yet, we want elections to produce accountable leaders. “Once party organs have ceased to be decision-making platforms, the domineering control of government institutions by so-called cabals will remain strong.
“Moving Nigerian democracy forward requires all of us as Nigerians to be more honest beyond some partisan permutations about winning elections. As members of APC, we are working hard to win the 2023 elections, but we also will work even harder to ensure that our next government led by Asiwaju Bola Ahmed Tinubu will come with more listening ears to Nigerians and fellow party leaders.”
Noting that only about 39 per cent of Nigerians have bank accounts, Lukman added that more than 300 out of the 774 Local Governments in the country have no bank branches or cash centres.
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“Where they exist, the bank branches and cash centres are mostly located in the headquarters. Specifically, in terms of cash centres, the total number of Automated Teller Machines ATMs in the country is less than 20,000.
“These records suggest the need to take extra steps to strengthen the banking system in the country to meet up with the new demands that will be occasioned by the new policy. It will clearly require contingency measures to expand the banking system, such that citizens could exchange the old notes in locations that don’t have bank branches or cash centres such as ATMs. Given that the International Monetary Fund (IMF) in November 2021 reported that Nigeria’s banks closed 234 branches and 649 ATMs, should have given a strong warning that the principles of ceteris paribus (all conditions remaining the same) would translate to failure for the new policy.
“Unfortunately, all these were overlooked. And for whatever reasons, the CBN and the Federal Government continue to delude themselves that the new policy can succeed with a very weak banking reality. In the circumstances, both the old and the new notes have disappeared across every part of the country. Even people with bank accounts can’t access their money. Somehow, because we are approaching election period, the gullibility of Nigerians is being exploited. There are stories around how the new policy is going to block vote buying. There are also other strong narratives about internal sabotage within APC based on how some powerful forces around President Buhari are opposed to the emergence of Asiwaju Bola Ahmed Tinubu, APC Presidential candidate as the next President of the Federal Republic of Nigeria.
“There are also strong concerns about how the combination of cash squeeze and fuel scarcity being experienced in every part of the country can lead to unrest and possible postponement of the election. Some have even speculated that all these are aimed at creating a situation that would lead to the enthronement of a so-called government of national unity, whatever that means.”
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Police vow to arrest killers of 10 officers slain in Kebbi gun battle
Police vow to arrest killers of 10 officers slain in Kebbi gun battle
The Nigeria Police Force has intensified efforts to track down the armed criminals responsible for the killing of 10 police officers in Kebbi State, assuring the families of the fallen personnel that the Force will not relent until those behind the attack are brought to justice.
The officers, who were serving with the Special Intervention Squad (SIS) and other tactical formations, were killed on August 10, 2026, during a fierce encounter with suspected bandits along the Rafin Makuku axis of Sakaba Local Government Area of Kebbi State.
According to the police, the confrontation began at about 9:25 a.m. when security operatives intercepted a heavily armed group reportedly moving between Zamfara and Kebbi states.
The encounter developed into a prolonged exchange of gunfire, resulting in the deaths of 10 police officers. Two other officers were injured, while two civilians were also killed during the incident.
The police, however, said the operation inflicted significant casualties on the attackers. According to the Force, 17 suspected bandits were neutralised, while four motorcycles used by the group were destroyed.
The Inspector-General of Police, Olatunji Rilwan Disu, expressed grief over the deaths and described the fallen personnel as officers who paid the ultimate price while performing their constitutional duty of protecting lives and property.
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Disu assured the families and colleagues of the deceased officers that their sacrifice would not be forgotten and pledged that the police would pursue those responsible for the attack.
“We shall not be intimidated, we shall not relent, and we shall not allow the sacrifices of our fallen heroes to be in vain,” the IGP said.
The police leadership also moved to strengthen security operations in the affected communities following the attack. A delegation led by Deputy Inspector-General of Police Umar Shehu Nadada visited Kebbi State to engage the state government and assess measures required to prevent further attacks.
During the visit, Kebbi State Governor Nasir Idris expressed condolences over the death of the officers and pledged government support for their families.
The governor also reaffirmed the state’s commitment to supporting security agencies in their efforts to protect communities and counter banditry and other violent crimes.
The police delegation assured the state government that operations would be intensified to identify, track and apprehend members of the criminal group responsible for the attack.
As part of efforts to improve security in the state, the police also announced plans to establish a police squadron in Kebbi. The proposed formation is expected to increase police presence and strengthen the Force’s capacity to respond to security threats, particularly in vulnerable areas.
The deadly confrontation has once again highlighted the security challenges along the Kebbi-Zamfara axis, where armed groups have continued to exploit remote communities and difficult terrain.
The police have vowed to sustain operations in the affected area and prevent the attackers from regrouping after the encounter.
The Force also stressed the importance of cooperation between security agencies, state governments and local communities, particularly through timely intelligence sharing that could help security personnel detect and disrupt criminal activities.
For the families of the 10 officers killed in the line of duty, the incident represents a devastating loss. For the Police Force, the deaths have reinforced its determination to confront armed criminal groups and protect communities across the country.
The IGP maintained that the police would continue to pursue the perpetrators and ensure that those responsible for attacks on security personnel and civilians are brought to justice.
Police vow to arrest killers of 10 officers slain in Kebbi gun battle
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