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Naira Scarcity: Opposition using court order to prolong Nigerians’ suffering, says FG
The Federal Government on Tuesday said “unscrupulous” opposition politicians have “legally hamstrung” President Muhammadu Buhari from providing any relief to Nigerians on the scarcity of N200, N500 and N1,000 bank notes.
Minister of Information and Culture, Lai Mohammed stated this at the 23rd Edition of the President Muhammadu Buhari Administration Scorecard in Abuja.
He said the opposition parties have turned the scarcity of new naira notes to a political game, “preferring to make Nigerians suffer more on the altar of unconscionable political gamesmanship”.
The pandemonium over the February 10 deadline for the validity of three old naira notes assumed another dimension on Monday as five political parties and three state governments begun legal battles.
Whilst the Kaduna, Kogi and Zamfara governments dragged the Federal government before the Supreme Court, seeking an extension to the February 10 deadline, five political parties took the matter to the Federal Capital Territory (FCT) High Court and secured an order barring the Federal Government and the apex bank from any extension of the deadline.
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The CBN on October 26, 2022, announced its plan to redesign the three banknotes. The President subsequently unveiled the redesigned N200, N500, and N1,000 notes on November 23, 2022, while the apex bank fixed a January 31 deadline for the validity of the old notes.
The CBN also pegged its weekly cash withdrawal limits to N500,000 for individuals and N5m for corporate firms.
With cries by many Nigerians, the apex bank extended the deadline from January 31 to February 10, saying it got the approval of the President.
Buhari on Friday after a meeting with some APC governors asked for seven days to make a major decision on the policy.
Mohammed, on Tuesday, said, “Recall, ladies and gentlemen, that after his meeting with Progressives’ Governors on Friday, Mr. President Buhari urged citizens to give him a seven-day window to resolve the currency crunch that has emanated from the implementation of the Naira redesign policy.
“Unfortunately, on Monday (yesterday), some opposition political parties ran to court to obtain an injunction restraining Mr. President and the CBN from extending the Feb. 10 deadline for Nigerians to exchange their old notes for new ones. The court action came after a number of opposition parties threatened to boycott the 2023 general elections if the deadline was extended.
“These curious actions by the parties concerned is clear evidence that the opposition has turned this whole issue into a political game, preferring to make Nigerians suffer more on the altar of an unconscionable political gamesmanship.
“Or how else can one explain the fact that these unscrupulous opposition parties do not want any action that could reduce the pains being experienced by Nigerians?
“How else can one explain the fact that they have decided to legally hamstring Mr. President, in particular, from providing any relief for Nigerians suffering from the cash crunch?
“It is bad politics when you put the interest of desperate political parties over and above that of Nigerians, the same Nigerians whose votes you earnestly seek.”
The minister said despite the “bad politicking” by opposition parties, the government is willing and able to take decisive steps to bring succour to Nigerians in the shortest possible time.
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Sokoto governor axes 15 district heads over insecurity, others
Sokoto governor axes 15 district heads over insecurity, others
Sokoto State Government has sacked nine district heads for allegedly aiding insecurity and encouraging land racketeering.
The state government also sacked another six district heads said to have been irregularly appointed by the immediate past government of the state.
Abubakar Bawa, the Press Secretary to Governor Ahmed Aliyu, announced this while briefing newsmen on the development on Tuesday.
Those axed over alleged insecurity are the district heads of Unguwar Lalle, Yabo, Wamakko, Tulluwa, llela, Dogon Daji, Kebbe, Alkammu and Giyawa.
Bawa said the six district heads were dropped because of the way they were haphazardly appointed and their rejection by their people.
The affected six district heads are Marafan Tangaza, Sarkin Gabas Kalambaina, Bunun Gongono, Sarkin Kudun Yar Tsakkuwa, Sarkin Tambuwal and Sarkin Yamman Torankavwa.
“The cases involving District Heads of Isa, Kuchi, Kilgori and Gagi have been re commended for further investigations,” Bawa added.
However, Sarkin Yakin Binji, senior counselor in the Suktanate Council, was transferred to Nabunkari while the District Head of Sabon Birni was deployed to Gatawa.
Bawa said this followed the recommendations of the Committee on the Review of the appointments of Traditional rulers, Renaming of Tertiary Institutions and the Dissolution of Governing Boards of State Parastatals.
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Passengers overpower bandits in Zamfara
Passengers overpower bandits in Zamfara
In a courageous act, the family of a bride-to-be and a group of passengers thwarted a kidnapping attempt by killing a terrorist in Zamfara State.
PRNigeria reports that the incident unfolded when the family of the bride-to-be and other travellers were ambushed by bandits along the Talata Mafara-Gusau highway.
The bride’s family had embarked on a journey to purchase clothing and other wedding materials in Kano. However, their plans took a harrowing turn when armed bandits targeted them.
An eyewitness, who spoke to PRNigeria, revealed that the response was spontaneous once the bandits had selected their victims.
Despite one of the bandits managing to escape, the brave passengers captured two AK-47 rifles.
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Narrating how the events unfolded, the eyewitness said: “A few kilometres away from the Fangal Tama checkpoint, the travellers heard gunshots echoing all around.
‘’To their shock, they encountered two well-armed bandits on motorcycles, blocking the road and halting vehicles.
“The bandits immediately ordered the young woman (the bride-to-be), her father, mother, and two other relatives to exit their car.
‘’With guns pointed at them, the terrified family members were coerced to follow the bandits into the nearby forest.
“Realising the grave danger they faced in forced abduction, the passengers decided to act swiftly. They rallied together and launched an attack on one of the two bandits.
‘’In a fierce struggle, they managed to overpower him, resulting in his instant death. The other bandit, however, escaped, leaving behind his firearm.
“The courageous group retrieved the two guns and emerged from the forest. They promptly handed the weapons over to the military at a nearby checkpoint.’’
Passengers overpower bandits in Zamfara
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BREAKING: EFCC freezes 300 illegal forex accounts
BREAKING: EFCC freezes 300 illegal forex accounts
The Economic and Financial Crimes Commission has frozen 300 illegal forex accounts trading on a peer-to-peer platform.
The EFCC Chairman, Ola Olukoyede, revealed that the accounts were suspended on Monday following a court order.
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- Policeman shot dead corps member at LAUTECH convocation party
Speaking in Abuja on Tuesday, Olukoyede explained that over $15bn passed through one of the forex platforms in the last one year, outside the financial regulations.
He said the EFCC action was taken to ensure the safety of the foreign exchange market and protect the economy.
BREAKING: EFCC freezes 300 illegal forex accounts
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