News
How Emefiele tried to sabotage 2023 elections with new naira note – Akpabio
How Emefiele tried to sabotage 2023 elections with new naira note – Akpabio
Senate President Godswill Akpabio claims that Godwin Emefiele, the immediate previous governor of the Central Bank of Nigeria (CBN), attempted to sabotage the conduct of the 2015 general election by instituting the naira redesign policy.
On Tuesday, Akpabio addressed on the Senate floor during the screening of Olayemi Cardoso, nominee for the position of CBN governor, and four deputy governor nominations for the apex bank.
In October 2022, Emefiele announced the CBN’s plan to redesign and circulate a new series of three banknotes out of the existing eight.
The redesigned N200, N500 and N1000 notes were to be in circulation on December 15, 2022. Emefiele said the old naira notes would remain legal tender until January 31, 2023.
The policy was implemented on the eve of the general election and led to the scarcity of the naira notes, which crippled the economy.
The senate president asked Cardoso if he would also meddle in politics like his predecessor.
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“Adams Oshiomhole thanks for the lecture. I identify myself with you since you didn’t ask any questions, I’ll like to ask one on your behalf,” Akpabio said.
“CBN Governor, will you uphold the integrity, steadfastness – to resist when politicians come to you to join the presidential race and display your posters even as a sitting CBN Governor in political conventions?
“Will you rush to display your profile electronically at political conventions while sitting as a governor because politicians have told you that you have enough money in CBN to do it?
“Don’t forget the fact that the money in the central bank isn’t for you. Will you have the courage to resist the temptation to listen to politicians and throw your hat into the ring and go back to your office and sit as CBN governor?
“Will you rush to sabotage the election in Nigeria by going for new notes, two days to the election when no country in the world changes new notes within one year, you do your own in 14 days or 11 to see how you can sabotage the election in Nigeria?”
How Emefiele tried to sabotage 2023 elections with new naira note – Akpabio
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Community
Monarch Dies Shortly After Being Rescued From Kwara Kidnappers
The Onigbesi of Igbesi Land in Kwara State, Oba Moses Oyinloye Iwedunmoye I, has died days after he was rescued from kidnappers.
The monarch passed away in the early hours of Saturday at a hospital, according to his son, Prince Olasunkanmi, who said his father had been receiving treatment following a brief illness.
“Yes, the news is true. He died after a brief illness following his release. We took him to the hospital, hoping he would survive, but he died there very early this morning,” Olasunkanmi said.
Oba Iwedunmoye was abducted on August 22 when armed men invaded Igbesi community in Isin Local Government Area.
He regained his freedom five days later after security forces launched an operation around the Elerin/Ijomu-Oro area, where three kidnapped victims were found.
The rescue followed a report received at the Oro Police Station from a vigilante member, who alerted authorities after one of his colleagues was shot while operating in the bush.
A combined team of police officers, soldiers and vigilantes was subsequently deployed to the area.
Police said the suspected kidnappers engaged the team in a gun battle after spotting the advancing operatives. One alleged kidnapper was killed during the exchange, while others escaped into the surrounding area.
The security team continued the search and eventually located the three victims, who were evacuated for medical treatment.
News of the monarch’s death was announced by Bisi Fakayode, National President of Omo Ibile Igbomina, who mourned the traditional ruler and prayed for the repose of his soul.
The circumstances surrounding the monarch’s illness and death have not been publicly disclosed beyond his family’s account that he fell ill after his release.
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News
Police Arrest Woman Over Alleged Drug Trafficking in Delta
Police Arrest Woman Over Alleged Drug Trafficking in Delta
A 40-year-old woman, Joy Anthony, has been arrested by the Delta State Police Command over alleged involvement in the illegal drug trade.
Police said operatives attached to the Special Anti-Kidnapping Unit carried out the arrest in Agbor, Ika South Local Government Area, following intelligence received about suspected drug-related activities.
According to the command’s spokesperson, Bright Edafe, officers subsequently obtained and executed a search warrant at Anthony’s residence in Agbor-Obi.
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The search reportedly resulted in the recovery of several suspected illicit substances, including tramadol, codeine, swinol, Canadian loud and weeds suspected to be Indian hemp.
The suspect and the recovered exhibits have been taken into police custody as investigators continue to establish the circumstances surrounding the alleged offence.
Edafe said Anthony would be prosecuted after the investigation is completed.
Police have not disclosed the exact quantities of the substances recovered.
Police Arrest Woman Over Alleged Drug Trafficking in Delta
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