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IPOB declares sit-at-home on May 30

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The proscribed Indigenous People of Biafra (IPOB) along with the Movement for the Actualisation of Sovereign State of Biafra (MASSOB) has ordered a sit-at-home on May 30.

It asked its members in over 100 countries, including Lagos, Abuja as well as northern towns in Nigeria to observe the sit -at –home.

The Biafra nation agitators said the annual event was in commemoration of its fallen heroes and heroines, adding that it would be observed in all markets, churches, banks, parks, airports and seaports within and outside the region.

The directive is contained in separate statements issued through IPOB’s Media and Publicity Secretary, Emma Powerful, and National Director of Information at MASSOB, Samuel Edeson, respectively

The pro-Biafran groups said there would be no procession, protest or church services anywhere in the zone and urged their members to stay indoors throughout the day.

IPOB said, “We the global family of the Indigenous People of Biafra (IPOB) ably led by our prophet and liberator of our time, Mazi Nnamdi Kanu, wish to announce to the public and Biafrans both home and abroad, that the annual anniversary of our fallen heroes and heroines will be on Sunday, 30th of May 2021.

“As usual, there will be a total lockdown of the entire Biafra land on that day. There will be sit-at- home across Biafra land, Lagos, Abuja as well as northern towns with reasonable Biafran population.

“The sit-at-home order is also to be observed in all the markets within and outside Biafra land where our people do their businesses. It shall also be observed by Diasporan Biafrans in the over 100 countries with the IPOB family is present.

“We equally request our fellow comrades in Yoruba, Middle Belt and other Christians living in the far North to solidarise with us in the event as we honour all those who have paid the supreme price in our struggle for total freedom.”

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JUST IN: Old naira: IMF asks FG, CBN to extend February 10 deadline

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The International Monetary Fund (IMF) has called for the extension of the February 10 deadline to phase out the old naira notes.

The International monetary body made the call just after the Supreme Court had restrained the Federal Government and Central Bank of Nigeria(CBN) from enforcing the deadline.

The IMF, in a statement in Abuja on Wednesday by Laraba Bonet, said the plea was on the hardship Nigerians were exposed to over the issue.

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It said: “in light of hardships caused by disruptions to trade and payments due to the shortage of new bank notes available to the public, in spite of measures introduced by the CBN to mitigate the challenges in the banknote swap process, the IMF encourages the CBN to consider extending the deadline should problems persist  in the next few days leading up to the February 10, 2023 deadline”.

The IMF is the first international financial organisation to openly call for extension of the deadline for the deposit of old Naira notes.

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Cash crunch: Protesters defy police in Abeokuta, make bonfires on major roads

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Residents of Abeokuta, Ogun State, took to the streets on Tuesday protesting the scarcity of cash and the attendant pains.

Major streets affected by the protests are Aladesanmi, Fajol and Somorin in Obantoko area of Abeokuta as the protesters made bonfires and chanted anti-CBN songs
The Sapon branch of First Bank was also vandalised and the protesters tried to set it ablaze.
Ogun Police spokesman, Abimbola Oyeyemi, confirmed the protest, saying police officers were on the ground to monitor the situation and prevent the destruction of property and loss of lives.
He said some group of boys were involved in the crisis.
The police later came to disperse the protesters but they regrouped as soon as the operatives withdrew from the scene.
The situation affected vehicular movement as motorists and pedestrians ran in different directions to avert being caught up in the chaotic situation.

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Court frees Diezani associate Omokore of $1.6bn fraud

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An Abuja federal high court on Tuesday discharged and acquitted Jide Omokore, chairman of Atlantic Energy Drilling Concepts Nigeria Limited, of $1.6bn fraud allegations.

Omokore, an associate of former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, was arraigned by the Economic and Financial Crimes Commission (EFCC) with Victor Briggs, Abiye Membere, and David Mbanefo on a 15-count charge on July 4, 2016.

They were accused of fraudulently diverting the $1.6bn said to be part of proceeds of sales of petroleum products belonging to the Federal Government.

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