Ogun governor threatens to shut down banks rejecting old naira notes – Newstrends
Connect with us

metro

Ogun governor threatens to shut down banks rejecting old naira notes

Published

on

Ogun State Governor, Dapo Abiodun
Ogun State governor, Dapo Abiodun, has warned that the State government will shut down any commercial bank rejecting old naira notes.
This followed reports of rejection of old naira notes as legal tender by some banks, individuals and business operators in the state following the expiration of the February 10 deadline announced by the Central Bank of Nigeria. The governor spoke on Tuesday while addressing market men and women at Itoku Kampala market in Abeokuta, as part of his re-election campaign.
Abiodun, who frowned at the action of the banks, noted that since the new naira notes were not available, commercial banks must accept the old notes to ease the suffering of the people.
READ ALSO:
He called on the people to remain calm, assuring that his government was working assiduously to ensure that the present situation was brought under control.
Meanwhile, commercial activities were on Tuesday paralysed as angry residents trooped out to protest the lingering scarcity of the new naira notes of N200, N500, and N1000, at Sango-Ota, Ado-Odo/Ota Local Government area of Ogun State.
Residents who had been going to banks for withdrawals said they could not access their money. It was gathered that they became more agitated when the commercial banks refused to accept the old naira notes as deposits.
On Tuesday, the protesters barricaded the Joju junction of the Idiroko-Ota road, causing heavy gridlock.
With bonfires on the road, the people slammed the President Muhammadu Buhari-led government, accusing the All Progressives Congress (APC) of inflicting hardship on the masses.
Policemen have been mobilised to secure banks and their workers in Sango-Ota.
Recall that a violent protest rocked Abeokuta last week, in which banks were attacked and one person was shot.

metro

Delta State Police Arrest Suspects in Killing of Retired Justice Ifeoma Okogwu

Published

on

Justice Ifeoma Okogwu

Delta State Police Arrest Suspects in Killing of Retired Justice Ifeoma Okogwu

The Delta State Police Command has made a significant breakthrough in the investigation into the murder of retired Justice Ifeoma Okogwu in Anambra State, arresting key suspects linked to the case.

Spokesperson SP Bright Edafe disclosed on Sunday that operatives of the Homicide Section of the State Criminal Investigation Department (CID), acting on credible intelligence, apprehended 25-year-old security guard Godwin Mngumi on 6 December 2025. Mngumi allegedly murdered the retired judge, and authorities also recovered the deceased’s mobile phone from him.

READ ALSO:

According to Edafe, Mngumi confessed to inviting a friend, Nnaji Obalum, and another accomplice — who remains at large — to the residence where the crime was committed. Obalum has since been arrested, while a manhunt continues for the third suspect.

The arrests mark a major step forward in the effort to bring all perpetrators of the high-profile murder to justice.

Delta State Police Arrest Suspects in Killing of Retired Justice Ifeoma Okogwu

Continue Reading

metro

Delta State Police Recover Arms, Arraign 18 Suspects in Crackdown on Cultism, Violent Crimes

Published

on

Commissioner of Police, Delta State CP Olufemi Abaniwonda

Delta State Police Recover Arms, Arraign 18 Suspects in Crackdown on Cultism, Violent Crimes

The Delta State Police Command, led by Commissioner of Police CP Olufemi Abaniwonda, has made significant strides in its ongoing campaign against cultism and violent crimes. Recent operations, including an intelligence-led arms recovery in Abraka and the arraignment of 18 suspects, highlight the command’s intensified enforcement efforts across the state.

READ ALSO:

Spokesperson SP Bright Edafe said on Saturday that the CP-Special Assignment Team (CP-SAT), under ASP Julius Robinson, executed a successful operation on December 6, 2025, targeting cult-related activities and the proliferation of illegal firearms. Acting on credible intelligence, officers conducted a coordinated search at No. 2 Umeghe Community, Abraka, the residence of Isiakpere Friday, 67.

The move underscores the Delta State Police’s commitment to restoring safety and security in communities affected by criminal and cult-related activities.

Delta State Police Recover Arms, Arraign 18 Suspects in Crackdown on Cultism, Violent Crimes

Continue Reading

metro

Nigerian Army Suspends Retirements for Officers Amid Nationwide Security Emergency

Published

on

Nigerian Army Officers

Nigerian Army Suspends Retirements for Officers Amid Nationwide Security Emergency

The Nigerian Army has temporarily frozen both statutory and voluntary retirements for certain officers, including Generals, following the nationwide security emergency declared by President Bola Tinubu. The decision aims to bolster manpower as the country faces a surge in kidnappings and worsening insecurity.

The move comes after more than 600 abduction cases were reported in November 2025, including the kidnapping of over 300 students in Niger State, 38 worshippers in Kwara State, and 25 students in Kebbi State.

An internal circular dated December 3 and signed by Maj. Gen. E. I. Okoro on behalf of the Chief of Army Staff cited provisions in the Harmonised Terms and Conditions of Service Officers (HTACOS) 2024, allowing service extensions “in the interest of the service.” The memo explains that officers usually retire upon reaching age limits, completing 35 years of service, or failing promotion/conversion boards, but these rules can be overridden during national emergencies.

READ ALSO:

The suspension affects officers who have:

  • Failed promotion examinations three times
  • Been passed over repeatedly at promotion boards
  • Reached rank age limits
  • Failed conversion boards thrice
  • Completed 35 years of service

Officers granted extensions will remain in service but will not be eligible for further promotions, courses, secondments, or extra-regimental appointments. Those unwilling to continue can still proceed with standard exit procedures.

Commanders have been instructed to communicate the directive and manage morale across units, with the policy to be reviewed once national security conditions improve.

Nigerian Army Suspends Retirements for Officers Amid Nationwide Security Emergency

Continue Reading
HostArmada Affordable Cloud SSD Shared Hosting
HostArmada - Affordable Cloud SSD Web Hosting

Trending