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Protesters ground NASS, task lawmakers to back cashless policy
Protesters, yesterday, barricaded the entrance of the National Assembly and called on lawmakers to support the Central Bank of Nigeria (CBN) cashless policy and currency redesign.
The agitators under the umbrella of Initiatives for Patriotic Nigerians argued that the new policy would stabilise exchange rate and promote free and fair elections.
The Convener, Abubakar Kurawa, who spoke in Abuja, said it was not in dispute that proliferation of liquid cash in the hands of many create more damage than good to the country, be it economic, political or security.
“There is no gainsaying that criminals such as kidnappers, drug dealers, oil thieves and so many others not mentioned, always makes use of cash to achieve their illicit goals.
“Given this fact, coupled with the present security challenges across the country, all hands must be on deck to ensure that necessary support is provided to curb the menace. In the case of CBN, the support it can give in this regard is to curtail the money in circulation, hence this policy can’t be more timely.
“Also, this is an election period. Due to amendments of Electoral Acts which makes open manipulation of election results practically impossible, some politicians are likely planning to indulge in massive vote buying (we witnessed what happened in the recently concluded Ekiti and Osun gubernatorial election).
“To this end, CBN is playing its corporate social responsibility by making sure that huge cash withdrawals is made very difficult or impossible. By this, it helps in ensuring free and fair elections.”
Meanwhile, House of Representatives has rescheduled the appearance of the CBN governor, Godwin Emefiele, before the parliament for Tuesday next week.
Deputy Speaker, Idris Wase, who disclosed this at plenary, said Emefiele, who was scheduled to appear yesterday had written to say he was out of the country.
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The House had last week summoned the CBN governor to appear before him over the new cash withdrawal limit approved by the apex bank. The CBN pegged the maximum cash withdrawal by individual per week at N100,000 and N500,000 for corporate organisations. Also, the maximum daily limit for individuals at N20,000, effective from January 9, 2023.
Regardless, lawmakers, while debating a motion on the propriety of the new cashless policy, had argued that the policy if allowed to stand would strangulate the economy, as well as impose hardship on the people.
According to them, contrary to Section 8(4)(5) of the CBN Act, which mandates the apex bank to brief the National Assembly on monetary policies, at intervals, Emefiele has allegedly kept the parliament in the dark on major policies by the CBN.
However, the CBN governor, in a letter to the House, informed the lawmakers that he was part of President Muhammadu Buhari’s delegation to the Washington DC, and would not be available.
However, a high court of the Federal Capital Territory, Abuja, has refused to stop the new cash withdrawal policy of CBN.
Rather, Justice Chizoba Oriji granted an order for accelerated hearing of the motion on notice filed on behalf of 20 million unbanked Nigerian citizens.
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Those who filed the suit marked FCT/HC/CV/724/2022 for themselves and on behalf of 20 million unbanked Nigerian citizens are, Adamu Sarki, Shekwoyi Gaza; Philip Tanko; Victor Okoro and Ismaila Ibrahim.
The rest are Mohammed Rabo; Yunusa Musa Gani; Helen Luka; Suleiman Yusuf and Adamu Gaidam Asu.
Listed as respondents are the president, the Attorney General of the Federation, CBN and the governor of the apex bank.
In an exparte motion moved by their counsel, P. A Obu, the applicants prayed the Court to grant injunctions restraining the Respondents from proceeding with the January 31, 2023 deadline of the use of the current N200, N500 and N1,000 notes as it affects the applicants without any realistic plans or workable guidelines to cover the over 20 million unbanked Nigerians who are vulnerable to information and the use of technologically driven platform without the possibility of financial inclusion.
They prayed for another injunction restraining the Respondents from implementing the revised cash withdrawal limiting the maximum cash withdrawal over the counter (OTC) by individuals and corporate organisations per week to N100, 000 and N500, 000 respectively which is a violation of the Money Laundering (Prevention and Prohibition Act, 2002 which also constitutes a flagrant violation of the fundamental rights of the applicants as guaranteed under the 1999 Constitution as well as the African Charter on Human and Peoples Rights (Ratification and Enforcement) Act.
Furthermore they asked the Court to grant an order for accelerated hearing to the Suit and also an order for substituted service on the parties while also praying for the order of court mandating the CBN to produce a detailed plan and guidelines covering the over 20 million unbanked citizens who are vulnerable to the use of telecommunication and technologically driven money platforms.
Justice Oriji having listened to the counsel to the applicants refused the prayers for injunction but rather directed that all the respondents be put on notice to come and show cause why the order for injunction should not be granted against them.
The judge thereafter adjourned the matter to January 10, 2023 after granting orders for accelerated hearing and substituted service.
SUN
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State Police Reform: FG Invites Nigerians to Submit Policy Proposals as Draft Bill Nears September Deadline
State Police Reform: FG Invites Nigerians to Submit Policy Proposals as Draft Bill Nears September Deadline
The Presidential Working Group on State Policing has opened a two-week public submission window for memoranda and policy proposals, setting the stage for a landmark legal framework that could redefine security architecture across Nigeria.
The Federal Government has officially called on Nigerians at home and in the diaspora, civil society organisations, security agencies, academics, professional bodies, and sub-national governments to contribute to the drafting of the proposed National Policing Bill, which seeks to establish a legal and operational framework for state police in Nigeria. The call was made public on Monday by Femi Gbajabiamila, Chief of Staff to the President and Chairman of the Presidential Working Group on the National Policing Bill, following a high-level meeting at the State House, Abuja. The announcement was contained in a statement issued by the Presidential spokesperson, Bayo Onanuga, who confirmed that all submissions will be reviewed and integrated into the draft bill, which will then be subject to further national consultation before being finalised and sent to the National Assembly. The development comes weeks after the National Assembly passed the bill following its transmission by President Bola Tinubu, signalling strong political will to actualise one of the most debated governance reforms in Nigeria’s recent history.
This public consultation exercise is critical because the Working Group is currently reviewing the Police Act 2020, the Police Service Commission framework, police regulations, and other relevant laws to develop a modern, effective, and accountable policing system. The proposed framework is expected to set national minimum standards for policing across all states, define state readiness and certification requirements before any state can operate its own police service, and clarify jurisdictional responsibilities between federal and state police forces. Additionally, the bill will ensure independent oversight and safeguard human rights, guarantee sustainable funding and financial accountability, and prevent the use of state police as a tool for political persecution – a concern earlier raised by the Attorney-General of the Federation, Lateef Fagbemi, who stressed that the legislation is designed to protect citizens from potential abuses of power at the sub-national level.
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Nigerians have until August 13, 2026, to submit their memoranda and policy proposals through the dedicated portal at www.nationalpolicingbill.com, marking the close of a two-week submission window. The Presidential Working Group has adopted a seven-week, milestone-driven work programme running from July 27 to September 14, 2026, with the draft Executive Bill scheduled for presentation to President Bola Tinubu on September 3, 2026. Following this, national consultations will be held on the completed draft before it is finalised and transmitted to the National Assembly. All Nigerians, including professionals, academics, security experts, state and local governments, and civil society groups, are encouraged to participate in this historic policy-shaping process.
The new policing framework will impose strict operational readiness requirements on any state seeking to establish its own police service. According to Gbajabiamila, a proposed State Police Service must demonstrate credible arrangements in recruitment and vetting processes, training and capacity development, pay, pensions and welfare, equipment and logistics, custody and detention standards, complaints and discipline mechanisms, data management and reporting, firearms control and regulation, independent oversight bodies, and financial sustainability plans before it begins policing. These stringent criteria are designed to ensure that only states with the institutional capacity and financial resilience can operate their own police forces, thereby preventing a patchwork of poorly equipped or unaccountable state-level security services.
The Nigeria Governors’ Forum, represented by Ogun State Governor Dapo Abiodun, has described the state police initiative as one of the defining reforms of President Tinubu’s administration, expressing the forum’s commitment to ensuring the success of the policy. The Working Group is also considering recommending federal grants to assist states with limited financial capacity in establishing their police services, acknowledging the fiscal disparities among the 36 states. States that are not yet ready to establish their own service will continue to rely on the Nigeria Police Force until they meet the required standards, ensuring that no state is left without adequate security coverage during the transition period.
The final submission to the President will go beyond a conventional bill and is expected to include schedules and explanatory memoranda, a legal audit of existing policing laws, a state readiness framework, a fiscal and implementation note, and a risk register with transition arrangements. This comprehensive approach is designed to ensure that the reform is defensible, auditable, and capable of implementation across Nigeria’s diverse states, addressing everything from constitutional alignment to practical logistics on the ground.
The government has emphasised that this is a people-driven process, and by inviting input from all segments of society – including ordinary citizens, diaspora communities, and professional bodies – the Working Group aims to build a policing system that reflects the aspirations and realities of all Nigerians. As a senior official close to the Working Group noted, this is not just a government bill but a national project in which every Nigerian has a stake in how they are policed. Interested individuals and organisations are encouraged to visit www.nationalpolicingbill.com before August 13, 2026, to submit their memoranda and policy proposals, with all submissions to be reviewed and incorporated into the draft bill ahead of further national consultations.
State Police Reform: FG Invites Nigerians to Submit Policy Proposals as Draft Bill Nears September Deadline
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Biafra Civil War: Gowon says Igbo bank depositors were fully paid, defends Awolowo over £20 policy
Biafra Civil War: Gowon says Igbo bank depositors were fully paid, defends Awolowo over £20 policy
Former Nigerian Head of State, General Yakubu Gowon (retd.), has defended the late Chief Obafemi Awolowo against long-standing criticism over the controversial post-civil war £20 policy, saying the decision was taken collectively by the Federal Government and was not Awolowo’s personal policy.
Gowon also stated that people from the former Biafran territory who could provide evidence that they had money in Nigerian banks before or during the Nigerian Civil War received the full value of their deposits, including accrued interest.
The former Head of State made the clarification in his memoir, My Life of Duty and Allegiance, where he revisited the circumstances surrounding the currency policy introduced after the end of the civil war in January 1970.
The £20 policy has remained a subject of public debate for decades, with critics accusing Awolowo, who served as Federal Commissioner for Finance during the war, of restricting people from the former Biafran territory to a flat payment of £20, regardless of the amount they had held before the conflict.
However, Gowon said Awolowo had been unfairly blamed for a policy that was approved by the Federal Government after consultations and consideration of the economic challenges facing Nigeria at the end of the war.
According to Gowon, the Central Bank of Nigeria established a panel to examine the possible consequences of converting the Biafran pound into Nigerian currency.
He explained that the exercise was difficult because the Biafran currency was not recognised by the Federal Government as legal tender during the war.
Gowon said the large volume of Biafran currency in circulation also created concerns that exchanging all the notes at the same value as the Nigerian pound could have caused serious economic disruption.
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Economic advisers subsequently recommended that the Federal Government provide a uniform payment of about £20 to each adult from the former Biafran territory, regardless of the quantity of Biafran currency presented.
“We agreed to the proposal and made it our official policy,” Gowon wrote, adding that the government faced major difficulties in determining the volume of Biafran currency in circulation and establishing a practical basis for converting it.
He maintained that the decision was made by the Federal Government and should not be attributed solely to Awolowo.
Gowon further stated that people who had left Nigeria but could provide proof that they held funds in Nigerian banks received the full value of their deposits, including interest, in Nigerian currency.
“Everyone who left Nigeria but had proof that they had money in Nigerian banks got the full amount of their money plus the interest it earned, all in Nigerian currency,” he said.
The former military leader argued that adopting a different approach could have created significant economic and administrative challenges during Nigeria’s post-war recovery.
The Nigerian Civil War, also known as the Biafra War, began in 1967 and ended in January 1970 following the surrender of Biafran forces.
After the war, Gowon declared a policy of “no victor, no vanquished” and introduced the Reconciliation, Reconstruction and Rehabilitation programme, widely known as the 3Rs.
The programme was designed to promote national unity, rebuild war-affected communities and support the reintegration of the former Eastern Region into Nigeria.
Despite the government’s post-war reconciliation agenda, the £20 policy remains one of the most debated aspects of Nigeria’s post-civil war history.
Critics have argued that the policy caused financial hardship for many people in the former Biafran territory, particularly those who lost access to savings, could not provide documentation for their bank deposits or were unable to recover the value of assets affected by the war.
Some historians and commentators have also questioned whether the post-war reconstruction and rehabilitation programmes adequately addressed the economic losses and long-term effects experienced by communities affected by the conflict.
Gowon’s account has renewed public discussion about the Biafra Civil War, the post-war currency policy and Awolowo’s role in the Federal Military Government.
While Gowon maintains that verified Nigerian bank deposits were fully repaid with interest and that Awolowo should not be held personally responsible for the £20 policy, the issue continues to generate debate over post-war justice, economic recovery, historical memory and national reconciliation.
Biafra Civil War: Gowon says Igbo bank depositors were fully paid, defends Awolowo over £20 policy
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How 15-year-old allegedly staged his own kidnapping to extort N200,000 from father
The Niger State Police Command has arrested a 15-year-old boy who allegedly staged his own kidnapping in an attempt to extort N200,000 from his father in Suleja.
The teenager was arrested alongside a 17-year-old alleged accomplice after police traced him to a hotel in Suleja, days after his family reported him missing.
The spokesperson for the Niger State Police Command, SP Wasiu Abiodun, disclosed the development in a statement issued on Monday.
According to the police, the 15-year-old left home after attending church on July 20, 2026, but failed to return, prompting concern among his family members.
The following day, the family reportedly received a telephone call from someone who claimed that the teenager had been kidnapped and demanded a ransom of N200,000 for his release.
The matter was subsequently reported at the B Division of the Nigeria Police Force in Suleja, leading to the launch of an investigation.
Police detectives reportedly acted on credible intelligence and traced the teenager to a hotel in Suleja on July 25, where he was found with the 17-year-old.
“On receipt of the information, police operatives of the division commenced an investigation and, acting on credible intelligence, the said Kelvin was found at a hotel in Suleja on July 25, 2026, with his accomplice,” the police spokesperson said.
According to the command, the two teenagers allegedly confessed during questioning that they planned the incident to obtain N200,000 from the boy’s father.
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The police said the money was to be shared between them after the ransom had been paid.
“The suspects confessed that they planned to extort the sum of N200,000 from Kelvin’s father, after which they would share the proceeds of the crime,” Abiodun said.
The police said the alleged plan was uncovered before the family paid the requested ransom.
Both teenagers are currently in the custody of the State Criminal Investigation Department, SCID, in Minna, where further investigations are ongoing.
The command said the suspects would be taken through the appropriate legal process after the investigation had been concluded.
The incident has renewed concerns over staged kidnapping, particularly the emotional and financial impact such incidents can have on families.
Security experts have repeatedly warned that fake kidnapping claims can cause panic, place families under severe emotional pressure and divert police resources from genuine cases involving missing or abducted persons.
The case also highlights the importance of reporting suspected kidnappings promptly to security agencies and allowing investigators to handle ransom demands and related threats.
Residents have been encouraged to provide timely and credible information that could help security agencies prevent crime and respond quickly to reports involving missing persons.
The Niger State Police Command said investigations into the alleged self-kidnapping plot were continuing.
How 15-year-old allegedly staged his own kidnapping to extort N200,000 from father
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