metro
Reject old naira notes, face prosecution – Sanwo-Olu tells Lagos residents
Babajide Sanwo-Olu, the Lagos State Governor, has threatened to prosecute anyone who rejects old N200, N500 and N1,000 denominations of the Naira.
Defying the Central Bank of Nigeria (CBN)’s February 10, 2023 deadline, Sanwo-Olu, in a statement signed by Gboyega Akosile, his chief press secretary, on Wednesday, said rejecting the old notes was illegal.
The statement read, “The Lagos State Government wishes to put on record the patience and calmness of Lagosians following the controversy generated by the Naira shortage crisis.
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“The State Government has joined the dispute at the Supreme Court, which today adjourned the hearing of the matter till February 22. When the matter first came up on February 8, the apex court said the old notes remained legal tender.
“That position has not changed. The State Government hereby warns those rejecting the old notes to desist from doing so or face prosecution. It is against the law to reject the old notes as doing so is contrary to the position of the Supreme Court.
“Governor Sanwo-Olu urges Lagosians to remain law-abiding and shun mischief makers who may exploit this temporary situation to promote their anti-people agenda. He is confident that the judiciary will resolve all the issues around the currency shortage crisis.
“To cushion the effect of the Central Bank of Nigeria (CBN) directive on the old notes, especially on the vulnerable among us, Lagos State has started the distribution of the food packs promised by the governor. The 50% fares slash on all state transportation facilities continues, as directed by Mr Governor.”
This came hours after reports of Lagos residents finding it difficult to transact went public. FIJ
metro
BREAKING: Court acquits Ex-AGF Adoke
BREAKING: Court acquits Ex-AGF Adoke
A former Attorney-General of the Federation, Mohammed Bello Adoke, has been acquitted of money laundering charges by an Abuja Federal High Court.
Justice Inyang Ekwo of the Federal High Court, Abuja, upheld Adoke’s “no case” submission against the money laundering charges.
In 2017, the Economic and Financial Crimes Commission (EFCC) charged Adoke and Abubakar Aliyu, a property developer, with laundering about N300 million.
While the EFCC acknowledged before Ekwo that it was a mortgage taken by Adoke from Unity Bank, it alleged before Justice Kutigi that the money constituted a bribe from the sale of an oil block by Malabu Oil & Gas Ltd in 2011.
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On March 28, 2024, Kutigi dismissed the charges against Adoke and others, citing contradictions and criticizing the EFCC for a four-year trial.
Justice Ekwo, on Friday, ruled that the EFCC failed to provide evidence to prove the essential elements of the offence against Adoke, acquitting him of the charges.
However, Ekwo mandated Aliyu, the second defendant, to open his defence, stating that he has a case to answer.
BREAKING: Court acquits Ex-AGF Adoke
metro
Army releases Delta traditional ruler detained over slain 17 soldiers
Army releases Delta traditional ruler detained over slain 17 soldiers
The Nigerian Army has released a Delta State traditional ruler, Clement Ikolo, arrested over the murder of 17 soldiers in Okuama community.
He was released on Friday during a briefing by the Director of the Army Public Relations, Onyema Nwachukwu.
metro
BREAKING: Tension in Benue as riot police take over APC secretariat
BREAKING: Tension in Benue as riot police take over APC secretariat
Anti-riot Police forces have assumed control of the All Progressive Congress (APC) Secretariat led by Comrade Austin Agade in Makurdi, the capital of Benue state.
This marks the second instance within a month. It’s noteworthy that Makurdi hosts two separate APC secretariats, with Agada heading one and Benjamin Omakolo overseeing the other.
The Agada-led APC State Working Committee (SWC) had scheduled the inauguration of members of the zoning committee for the upcoming council elections at their Secretariat on Friday the 19th.
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In a pre-emptive move, anti-riot police trucks arrived as early as 6 a.m., barricading all routes leading to the Secretariat.
At present, the situation is chaotic, with motorcycle riders, suspected to be aligned with the Benjamin Omakolo-led APC State Working Committee, occupying the area. Chief Of Staff Paul Biam has characterized this faction as the authentic APC.
Governor Hyacient Alia previously issued a ban on all political activities and public gatherings in Benue State, and it appears this directive remains in force.
BREAKING: Tension in Benue as riot police take over APC secretariat
BREAKING: Court acquits Ex-AGF Adoke
Army releases Delta traditional ruler detained over slain 17 soldiers
BREAKING: Tension in Benue as riot police take over APC secretariat
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