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

metro

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

Published

on

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.

READ ALSO:

“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.

metro

Soldier dies while ‘rushing to rescue brother arrested by policemen’

Published

on

A soldier of the Nigerian Army, Lcpl Ojo Tope has died in an accident in Ikere Ekiti, Ekiti State.

According to a report by SaharaReporters, multiple sources said the deceased attached to the 322 Artillery regiment in Benin City was on his way to meet policemen who had allegedly arrested his brother illegally.

The incident occurred around 10 pm on Wednesday.

The policemen attached to Ikere Area Command had reportedly illegally detained Ojo’s brother and after talking to him on the phone, Ojo was asked to come to their checkpoint and identify himself as a soldier.

SaharaReporters learnt that on his way to the checkpoint, Ojo was involved in an accident.

A relative of the deceased told the online newspaper that : “A soldier (Ojo Tope) serving in Benin City came home on a pass in Ikere Ekiti. Around 10 pm on Wednesday, he realised there was no fuel in their generator. So, he sent his younger brother who has a car to get fuel for him.

“However, on his way to get the fuel, the guy met some policemen on the road and they arrested him illegally. They asked him why he was driving at that time and asked him to unlock his phone as well but he refused.

“He pleaded with them that it was his soldier brother who sent him to buy fuel but they refused to let him go. So, he later called the soldier to talk to the policemen and one of them asked him to come and meet them. Sadly, on his way there on a bike, he had an accident.

“After the accident, people rushed him down to where the policemen seized the brother’s car and they pleaded with them to release the car so they could use it to rescue the soldier to the state hospital in Ikere but they refused to release the vehicle.

READ ALSO:

“They later got another one to carry the soldier to the hospital. Unfortunately, before they would get to the hospital, the soldier gave up. His body is now in the morgue.”

The family source said some residents who heard about Ojo’s death got angry and wanted to protest against the actions of the policemen but the family calmed them down.

When SaharaReporters contacted the spokesperson for Ekiti State Police Command, DSP Sunday Abutu, denied the role allegedly played by the policemen in the death of Ojo.

He said, “This could be termed ‘a lie from the pit of hell’ as no such incident or report was made in any of our stations across the state, not even the headquarters.

“The only vehicle that was confiscated by our surveillance team from Ikere Area Command on Wednesday night was an unregistered Toyota Camry 2006 model car. The driver had no document and could not give satisfactory proof that the vehicle belonged to him, but then offered to go home and get the documents.

“Up till this moment, the driver did not bring the car documents or come for his vehicle. It should be noted that our surveillance teams do not have or create checkpoints.

“No soldier’s death was reported by anybody or family or the military authority in the state in Ikere Area Command or any of our divisions or formations across the state in recent time and nobody has come to solicit for the release of the said Toyota Camry car.”

“Meanwhile, anyone with any genuine complaint against the conduct of our men should feel free to approach the nearest police station, formation, office of the PPRO or office of the Commissioner of Police for necessary and immediate action,” Abutu added.

Soldier dies while ‘rushing to rescue brother arrested by policemen’

Continue Reading

metro

Bandits attack Matawalle’s hometown in Zamfara kill one, kidnap many

Published

on

Bello Matawalle

Bandits attack Matawalle’s hometown in Zamfara kill one, kidnap many

Rampaging bandits operating in North-West Nigeria have attacked Maradun town, the headquarters of Maradun Local Government Area of Zamfara, killing one person and kidnapping several others.

Maradun is the hometown of Bello Matawalle, the former governor of the state and present Minister of State for Defence in the President Bola Tinubu-led Federal Government.

Although, police authorities in the state are yet to comment on the latest incident an indigene of the town Nura Maradun told Channels Television that the bandits stormed the town around 1 am on Friday with sophisticated weapons.

READ ALSO:

He said they fired indiscriminately to scare residents. According to him, the bandits went from house to house to abduct residents of the town.

“They came in around 1 am and operated till 4 am unchallenged. They went on to search house by house looking for people to be kidnapped,” he said.

“From what I can confirm to you now, one person was killed, and about eight persons most women have been taken away. Some of the women kidnapped are daughters of the Emir’s brother.”

Bandits attack Matawalle’s hometown in Zamfara kill one, kidnap many

Continue Reading

metro

Eight illegal security guards arrested in Anambra

Published

on

Eight illegal security guards arrested in Anambra

The Anambra command of the Nigeria Security and Civil Defence Corps (NSCDC), says it has arrested eight suspected unlicensed private security guards with four pump action guns.

During the parade of the suspects in Awka, the state capital on Thursday, Olatunde Maku, the NSCDC state commandant, said the arrest was made in response to intelligence reports.

Maku added that the suspects are currently undergoing investigation, after which they would be charged to court and prosecuted.

“Preliminary investigation revealed that some of the suspects were impersonating the Anambra Vigilance Group while others were hired by hotels to provide security services, in spite of knowing that the outfits were not licensed or registered,” NAN quoted the NSCDC commandant as saying.

“Meanwhile, four pump action guns with 16 live cartridges were also recovered from them.

READ ALSO:

“All the suspects are currently undergoing investigation, after which they would be charged to court and prosecuted.

“This raid is in continuation of the execution of the NSCDC mandate and we will not leave any stone unturned in discharging our responsibilities.

Maku said that the NSCDC is the only agency responsible for licensing, monitoring, and supervising private securities companies in Nigeria, and the raid aims to prevent illegal security outfit proliferation.

The commandant urged licensed private guard companies to adhere to the law and report any suspicious activities or security outfits to the Corps for prompt action.

“I want to put all illegal security outfits on notice to dismantle their operations or face the consequences.

“We will clamp down on any illegal outfit, arrest and prosecute their operators, and recover illegal weapons in their possession.

“This is to restore sanity in the operations of the private security sector and ensure the safety and security of residents.”

Eight illegal security guards arrested in Anambra

Continue Reading

Trending

Skip to content