Updated: Old naira notes valid for next 100 years – El-Rufai – Newstrends
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Updated: Old naira notes valid for next 100 years – El-Rufai

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Kaduna State Governor, Nasir El-Rufai

Kaduna State Governor Nasir El-Rufai has assured residents of the state that the old N1,000, N500 and N200 notes and other notes are valid for the next 100 years.

El-Rufai made the statement in a state broadcast on Thursday to address the cash scarcity plaguing the country, as a result of the currency redesign policy introduced by the Central Bank of Nigeria (CBN).

The governor who has been a critic of the policy lately stormed the Supreme Court, Wednesday, in the company of his Kogi State counterpart Yahaya Bello to observe the proceedings of the suit hearing, which was adjourned until February 22.

El-Rufai said, “Let us stay calm and peaceful, and support the lawful means being utilised to solve our problems. On behalf of the Kaduna State Government, I wish to assure you that none of you would lose the money you have in old notes.

“Let no artificial and illegal deadline frighten you. Whether you live in towns, villages or in our isolated rural communities, do not feel stampeded to deposit your old notes in the banks. Hold on to them. Continue to use them as legal tender as ordered by the Supreme Court of Nigeria.

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“No deadline can render them worthless, ever. The law is on your side. The Central Bank of Nigeria Act, 2007 and the Bills of Exchange Act,  both oblige the CBN to recognise your old notes and give you value in new notes whenever you bring them to the CBN, even in the next 100 years.”

El-Rufai also promised that his administration will work with lawmakers, traditional rulers and other stakeholders in the state to alleviate the hardship brought by naira scarcity.

“Therefore, as your governor, I wish to assure you that the Kaduna State Government, in collaboration with elected legislators, traditional institutions, elected local government councils, markets, and traders associations will help you collect, record, document, collate and deliver all your old notes to the Kaduna branch of the Central Bank on your behalf into the new ones immediately after the elections.

“We will also ensure the delivery of your new notes to your various locations without any hardship or expense on your part. We shall save you any panic and the stress of a long journey from your community to the CBN office in our state capital, from March until December 2023 if need be,” he said.

He asserted that both old and new naira notes will co-exist as legal tender in the state, urging residents to use them without fear, that any individual or entity that rejects them shall be prosecuted.

“For the avoidance of doubt, all the old and new notes shall remain in use as legal tender in Kaduna State until the Supreme Court of Nigeria decides otherwise. I, therefore, appeal to all residents of Kaduna State to continue to use the old and new notes side by side without any fear.

The Kaduna State Government and its agencies shall seal any facility that refuses to accept the old notes as legal tender and prosecute the owners. If need be, we shall take further consequential actions according to the law,” he added.

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Ramadan ends in Nigeria, Sultan announces March 30 as Eid-el-Fitr

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Ramadan ends in Nigeria, Sultan announces March 30 as Eid-el-Fitr

 

Sultan of Sokoto, Muhammad Abubakar Sa’ad, says the crescent moon marking the end of Ramadan fasting has been sighted.

The Sultan, who is president of the Supreme Council for Islamic Affairs (NSIA), said in a broadcast on Saturday night, “Today marks the end of the Ramadan fasting and Sunday, March 30, is the Eid-el-Fitr celebration.”

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Embrace environmental sanitation during Eid-Fitr, LAGESC boss tells Lagosians

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Embrace environmental sanitation during Eid-Fitr, LAGESC boss tells Lagosians

By Dada Jackson

The Lagos Environmental Sanitation Corps (LAGESC) has urged Lagosians to embrace proper environmental practices and obey the state’s environmental laws ahead of the Eid-l-Fitr festivities to mark the end of the Ramadan fast by Muslim faithful around the world.

Corps Marshal of the agency, Major Olaniyi Olatunbosun Cole (retd), sounded the call at the agency’s command headquarters at Bolade-Oshodi.

He said, ‘‘The Ramadan fast is a testament to the willingness of Muslim faithful to adhere to the pillars of their faith and it is enjoined that cleanliness is an important religious practice in all faiths, which is why we admonish Lagosians to imbibe proper waste disposal and keep their environment clean during the celebration.”

Cole also advised Lagosians to make proper use of pedestrian bridges for their safety instead of crossing highways to prevent ‘hit and run’ cases by speeding motorists.

He equally read a riot act to miscreants in the habit of converting pedestrian bridges to sleeping areas which deters Lagosians in transit, pedestrians vowing that anyone caught w be made to face the state Environmental laws as amended

The KAI boss also revealed that the agency had recorded giant strides and would not relent in ridding pedestrian bridges across Lagos of criminal obstructions, traders and hawkers with daily arrests made alongside secured prosecutions by the Courts.

The Corps Marshal also warned Lagosians to desist from street trading, use of Styrofoam pack, hawking in traffic, patronage of cart pushers for refuse disposal, and erection of illegal structures on laybys, setbacks, medians, road verges, kerbs or around public schools in the state.

The KAI head said offenders would be made to face the consequences via prosecution in a competent court of appropriate jurisdiction.

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Mother, daughter who stole ponmo, stock fish in Ogun jailed six months

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Mother, daughter who stole ponmo, stock fish in Ogun jailed six months

A Magistrates’ Court in Abeokuta, Ogun State yesterday sentenced a mother, Falilatu Amidu, and her daughter, Ayisatu, to six months imprisonment each for stealing dry ponmo, stock fish and dried meat valued N1 million

The defendants, who reside at No 21 Ago-Oko area of Abeokuta, were convicted on a two-count charge of conspiracy and stealing.

The Magistrate, Mrs O.O. Odumosu, held that the evidence presented by the prosecution had proven beyond reasonable doubt that the convicts were guilty of the offence as charged.

Odumosu sentenced both mother and daughter to six months in prison each with an option of N5,000 fine.

She ordered that the convicts should refund N100,000 each to the complainant as restitution before accessing the N5,000 fine option.

Earlier, the prosecutor, Insp. Kehinde Fawunmi, had told the court that the defendants committed the offence at Lafenwa market sometime in August 2024.

Fawunmi explained that Falilatu conspired with her daughter, Ayisatu, to steal a big sack  containing stock fish, dried ponmo and dried cow meat valued N1million, belonging to one Mrs kafayat Alao.

According to him, one of the defendants, Falilatu, used to help the complainant to carry load from her store in Lafenwa to where the complainant sells her items.

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“The complainant asked her to help her pick some goods from the store. She waited for over an hour and did not see the defendant, which made her to go to the store to check on her.

“On getting to the store, she did not find Falilatu, and she noticed a big bag containing dried meat, ponmo and stock fish was missing while the defendant was nowhere to be found,” he said.

Fawunmi further explained that Falilatu stole the goods and gave it to her daughter (Ayisatu) to sell. He said Ayisatu received the goods from her mother, knowing that they were stolen.

The prosecutor noted that the offence committed contravened sections 516, 390(9) and 127 of the Criminal Code Laws of Ogun 2006.

Mother, daughter who stole ponmo, stock fish in Ogun jailed six months

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