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Nigeria Governors’ Forum (NGF) to engage Emefiele on naira redesign, cash withdrawal
The Nigeria Governors’ Forum (NGF) and CBN Governor Godwin Emefiele will have a meeting regarding the naira redesign, cash withdrawal policy and some of the policies recently introduced by the Central Bank of Nigeria (CBN).
The virtual engagement is scheduled for Thursday, NGF’s spokesman Abdulrazaque Bello-Barkindo said in a statement on Tuesday night.
Bello-Barkindo said the state’s chief executives plan to engage Emefiele on “the economic and security implications of naira redesign and withdrawal policy.”
According to the statement, NGF Chairman/Sokoto State Governor Aminu Tambuwal has sent an invitation to Emefie on the virtual meeting scheduled for 9pm tomorrow.
He quoted the NGF Director-General, Mr. Asishana Bayo Okauru, as stating that the virtual meeting’s agenda will centre on the recent CBN policy of redesigning the naira notes.
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Bello-Barkindo added: “For the virtual meeting, the agenda is titled: ‘The Economic and Security implications of naira redesign and withdrawal policy,’ and it has lingered for some time now.
“The discussion promises to foster participation and dialogue between various stakeholders including governments and civil society organizations to come out with a solution to the lingering issue.”
On October 26, last year, Emefiele announced the apex bank’s decision to redesign the naira note.
The CBN told Nigerians that the redesigned N1000, N500 and N200 notes will remain legal tenders till January 31. The new notes were unveiled on December 15 last year.
Also on December 6 last year, the CBN announced cash withdrawal policy.
The policy, which became effective on January 9, initially pegged over-the-counter cash withdrawals by individuals and corporate entities at N100,000 and N500,000 respectively per week.
But following the intervention of the National Assembly, the CBN issued a circular two weeks after, raising the cash withdrawal limit per week to N500, 000 (for individuals) and N5 million for organisations.
Individuals willing to draw above the prescribed N500,000 weekly limit will pay a fee of three per cent. Corporate bodies will be charged five cent if withdrawing above N5 million across the counter.
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More trouble for Yahaya Bello as immigration places him watchlist
More trouble for Yahaya Bello as immigration places him on watchlist
The Nigeria Immigration Service has ordered the arrest of former Governor of Kogi State, Alhaji Yahaha Bello, if found at any entry/exit point of the country.
The NIS said on Thursday night that Yahaya Bellowas placed on its watchlist after evading arrest by the Economic and Financial Crimes Commission (EFCC) over allegation of N80 billion fraud.
This notice came a few hours after the EFCC had declared the former governor wanted.
The NIS, in a letter addressed to the Director-General, Department of State Services (DSS), the Inspector-General of Police, the Director-General of the National Intelligence Agency as well as other formations declared that Bello had been placed on its watch list.
The letter was signed by the Assistant Comptroller of Immigration (Suspect Index), D S Umar, on behalf of the Comptroller General of the Immigration Service.
Part of the letter read, “Suffice to mention that the subject is being prosecuted before the Federal High Court Abuja for Conspiracy, Breach of Trust and Money Laundering vide letter Ref: CR: 3000/EFCC/LS/EGCS.1/TE/V 1/279 dated 18th April 2024, if seen at any entry or exit point, he should be arrested and referred to the Director of Investigation or contact 08036226329/07039617304 for further action.”
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BREAKING : EFCC declares Yahaya Bello wanted, seeks information on his whereabout
BREAKING : EFCC declares Yahaya Bello wanted, seeks information on his whereabout
The Economic and Financial Crimes Commission (EFCC) on Thursday declared former Kogi State Governor, Yahaya Bello, wanted.
The anti-graft agency said Bello is wanted for alleged offences relating to economic and financial crimes to the tune of N80.2 billion.
The EFCC called on Nigerians with information as to his whereabout to report immediately to the Commission or the nearest Police Station.
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“The public is hereby notified that YAHAYA ADOZA BELLO (former Governor of Kogi State), whose photograph appears above is wanted by the Economic and Financial Crimes Commission (EFCC) in connection with alleged case of Money Laundering to the tune of N80,246,470,089.88 (Eighty Billion, Two Hundred and Forty Six Million, Four Hundred and Seventy Thousand and Eighty Nine Naira, Eighty Eight Kobo).
Bello, 48-year old Ebiraman, is a native of Okenne Local Government of Kogi State. His last known address is: 9, Benghazi Street, Wuse Zone 4, Abuja.
Anybody with useful information as to his whereabouts should please contact the Commission in its lbadan, Enugu, Kano, Lagos, Gombe, Port Harcourt and Abuja offices or through these numbers 09-9044751-3, 08093322644, 08183322644, 07026350721-3, 0706350724-5; its e-mail address: info@efccnigeria.org or the nearest Police Station and other security agencies, ” a public notice issued by the EFCC read.
BREAKING : EFCC declares Yahaya Bello wanted, seeks information on his whereabout
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BREAKING: Submit yourself for probe, FG tells Ex-Kogi gov, Yahaya Bello
BREAKING: Submit yourself for probe, FG tells Ex-Kogi gov, Yahaya Bello
The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, has called on the immediate-past governor of Kogi State, Alhaji Yahaya Bello, to submit himself for probe.
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