FG lied that CBN has destroyed old N500, N1,000 notes - El-Rufai - Newstrends
Connect with us

metro

FG lied that CBN has destroyed old N500, N1,000 notes – El-Rufai

Published

on

Kaduna State Governor, Nasir El-Rufai

Kaduna State Governor, Nasir El-Rufai has revealed how senior Federal Government officials lied to him and some governors that the CBN has destroyed the old N500 and N1,000 notes in a bid to persuade them to allow only N200 notes to be in circulation till 10 April, 2023.

The governor was reacting to a story by one of the online portals that President Muhammadu Buhari with the Nigerian Governors Forum or the Progressives Governors Forum to allow only the N200 notes to be in circulation till April and for them to withdraw the suit at the Supreme Court.

This is contained in a statement issued by El-Rufai’s spokesman, Muyiwa Adekeye on Wednesday.

The statement said there had been no meeting this week between the FG and either the Nigerian Governors’ Forum (NGF) or the Progressive Governors Forum (PGF), not to talk of one lasting till the wee hours of Wednesday, 15 February 2023.

“Rather, senior officials of the FG reached some governors, including Malam Nasir El-Rufai, on phone to initiate discussions on a possible out of court settlement. The terms they proposed were to allow only the old N200 note to remain legal tender and be circulated by the CBN till 10 April 2023.

READ ALSO:

“They claimed that the CBN had already destroyed the old N500 and N1000 notes that had been deposited, but that those persons who still held the old notes could redeem them up to 10 April 2023.

“These were not considered as serious proposals, for obvious reasons. Circulating the old N200 notes alone would not be sufficient to relieve widespread human suffering in Kaduna State, and indeed in Nigeria today. They knew that and that is why they falsely claimed that the CBN had already destroyed the old N500 and N1000 notes.

“This is contrary to the fact available to the governors to the effect that the old notes were in the custody of commercial bank branches throughout Nigeria until the evening of Monday, February 13, and not a single N500 or N1000 had been destroyed,” the statement said.

The statement said “It is also a non-starter to insist on a new cut off date without first assuring that sufficient new notes would have been printed and circulated. Information available to the governors also indicates that the Mint will need at least 12 months to print the minimum amount of N1 trillion needed to ensure a functioning trade and exchange environment in Nigeria.

“The tabling of false facts, inadequate solutions to the sufferings of our people, and the bad faith that some of the FG negotiators displayed in our phone conversations and chats have now been taken further in leaking a false account and context to a respected medium. The plaintiff governors rejected the draft proposal as insincere, and invested our hopes in the Supreme Court of Nigeria.

“Malam Nasir El-Rufai will be addressing the people of Kaduna State on this currency redesign mess, the consequences of the extension of the injunction of the Supreme Court of Nigeria, and related matters tomorrow. But the Kaduna State Government feels it is important tonight not to allow an exclusive falsehood to stand, or even gain the slightest traction. This statement is therefore issued to put the records straight.” PM

metro

Nigeria, Türkiye Seal Deal to Train 200 Elite Special Forces Troops

Published

on

Nigerian Special Forces

Nigeria, Türkiye Seal Deal to Train 200 Elite Special Forces Troops

The Minister of Defence, retired Gen. Christopher Musa, has announced that Nigeria and the Republic of Türkiye have reached an agreement for the immediate training of 200 Nigerian Special Forces personnel in Türkiye.

Musa disclosed this during an interview on the sidelines of the 5th Antalya Diplomacy Forum (ADF2026) held in Antalya, Türkiye, after bilateral discussions with his Turkish counterpart, Yasar Guler.

The high-level forum, themed “Mapping Tomorrow, Managing Uncertainties,” brought together world leaders, defence ministers, diplomats, and security experts from about 150 countries to discuss global security, politics, and economic cooperation.

According to the minister, the agreement will see 200 Nigerian Special Forces personnel deployed to Türkiye for advanced military training as part of efforts to strengthen Nigeria’s counter-terrorism and internal security operations.

“We have a Special Forces training agreement. Türkiye has agreed to give us 200 Special Forces training, so as soon as I return, we are sending them here for training,” Musa said.

READ ALSO:

He added that both countries also agreed to expand cooperation through joint military exercises, with the first expected to take place later in the year.

Musa further revealed that discussions also covered joint defence equipment production and military technology transfer, aimed at boosting Nigeria’s local defence capabilities.

He noted that Türkiye’s advancement in defence manufacturing presents an opportunity for Nigeria to deepen its defence industrial development through partnership and knowledge exchange.

“Türkiye has improved dramatically with regard to the production of military hardware. Nigeria is still developing, and we have agreed to partner together so that we have co-production of some of these items,” he said.

The Defence Minister also highlighted the shared security challenges between both countries, noting that while Nigeria has battled insurgency and asymmetric warfare for about 17 years, Türkiye has confronted terrorism for over four decades.

According to him, the collaboration will extend beyond training to include officer exchanges, joint operations, and capacity building in defence production.

“Because of that, we will move into training, production and improving on our defence industrial production, and exchange of officers and soldiers,” he added.

The Antalya Diplomacy Forum featured panel discussions on global security, economic stability, environmental challenges, and emerging technologies, with participation from over 20 heads of state and government, 40 foreign ministers, and thousands of delegates.

Nigeria, Türkiye Seal Deal to Train 200 Elite Special Forces Troops

Continue Reading

metro

How NSCDC Busted Lagos Baby Factory, Rescued 18 Pregnant Women, 10 Children

Published

on

NSCDC Busted Lagos Baby Factory, Rescued 18 Pregnant Women, 10 Children

How NSCDC Busted Lagos Baby Factory, Rescued 18 Pregnant Women, 10 Children

Operatives of the Nigeria Security and Civil Defence Corps (NSCDC), Lagos State Command, busted an illegal baby factory in the Okuju area of Ilado, Badagry, rescuing 18 pregnant women and 10 children.

The operation, which took place between late Wednesday and the early hours of Thursday, followed weeks of surveillance and intelligence gathering by the command.

The facility was reportedly operated by two suspects, Joy Okeke and Raphael Agwu, who were arrested during the raid. Investigations revealed that the suspects ran a network where pregnant women were recruited and made to agree to sell their babies after delivery.

Speaking after the operation, the Lagos State NSCDC Commandant, Adedotun Keshinro, said the victims were promised payments ranging from ₦500,000 to ₦1.8 million once they gave birth, while some women allegedly brought infants to the centre for sale.

NSCDC Busted Lagos Baby Factory, Rescued 18 Pregnant Women, 10 Children

NSCDC Busted Lagos Baby Factory, Rescued 18 Pregnant Women, 10 Children

READ ALSO:

“They were operating a baby factory where victims were made pregnant. When the babies were delivered, they were sold. The suspects enticed pregnant victims to negotiate with them, and once the babies were born, they were taken and sold while the mothers were paid off,” Keshinro said.

He added that among the rescued victims, one had suffered a miscarriage, while others were still pregnant at the time of the raid. Some children already born were also reportedly being negotiated for sale before the facility was uncovered.

Keshinro described the operation as exposing a “grievous crime against humanity,” stressing that the NSCDC remained committed to tackling human trafficking and child exploitation.

The suspects have been handed over to the Nigeria Police Force for prosecution, while the rescued victims were transferred to the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) for rehabilitation.

The NSCDC also said the facility would be handed over to the Lagos State Government for possible demolition as part of efforts to curb the spread of illegal baby factories in Nigeria.

The raid adds to a series of crackdowns on child trafficking syndicates across the country in recent months.

How NSCDC Busted Lagos Baby Factory, Rescued 18 Pregnant Women, 10 Children

Continue Reading

metro

Troops Intercept 569 Rounds of Ammunition, IED Components on Kaduna–Jos Road

Published

on

Soldiers intercept large cache of ammunition

Troops Intercept 569 Rounds of Ammunition, IED Components on Kaduna–Jos Road

Troops of Operation Enduring Peace have intercepted a large cache of ammunition and suspected improvised explosive device (IED) components along the Kaduna–Jos highway, in a major security breakthrough aimed at curbing violent attacks in the region.

The operation, carried out at about 11:45am on Thursday, took place near Boys Science Secondary School along the Manchok–Jos axis in Kaduna State. The troops, supported by a special forces tactical team, were conducting a routine stop-and-search when they flagged down a suspicious commercial vehicle.

According to the Nigerian Army, the vehicle—a navy-blue Opel wagon with registration number NSR 154 TA Kano—was conveying seven passengers at the time of interception.

A thorough search of the vehicle led to the discovery of concealed military-grade items, including 569 rounds of 12.7mm anti-aircraft ammunition and several high-velocity warheads. Troops also recovered 189 empty shells of 7.62mm special ammunition, raising further suspicion about the intended use of the materials.

In addition, security personnel found disused GSM handsets, which are believed to be components commonly adapted for remotely detonated IEDs, pointing to possible links with planned attacks or insurgent activity.

READ ALSO:

The driver of the vehicle, identified as Khalifa Bawa, reportedly denied ownership of the recovered items, claiming that the consignment was a “waybill” handed over to him by an unidentified individual. He also stated that he had no knowledge of either the sender or the intended recipient.

All occupants of the vehicle have since been taken into custody for further interrogation, while the vehicle and recovered items remain in military custody as investigations continue.

Military authorities disclosed that efforts are ongoing to trace the origin of the shipment and dismantle the network behind it, noting that such interceptions are critical in preventing potential attacks and disrupting the supply chain of weapons to criminal groups.

The Kaduna–Jos corridor, linking Kaduna and Jos, has remained a strategic but vulnerable route due to recurring security threats, including banditry and insurgent activities.

Security analysts say the interception highlights the increasing use of civilian transport systems for moving illicit arms, as well as the evolving tactics of criminal elements deploying improvised explosive devices.

The Nigerian Army reaffirmed its commitment to intelligence-driven operations and sustained patrols to secure highways and protect lives, urging members of the public to remain vigilant and report suspicious activities to security agencies.

Troops Intercept 569 Rounds of Ammunition, IED Components on Kaduna–Jos Road

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

Trending