Mr Ganduje, a Tinubu loyalist, said the policy is hurting the APC and may truncate democracy. Kano State Governor, Abdullahi Ganduje, has lashed out at the administration of President Muhammadu Buhari over its naira redesign policy saying the policy may hurt the chances of the ruling party in the general election and may adversely affect democratic rule in the country. Mr …
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Updated: Old Naira Notes Valid For Next 100 years – 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 …
Read More »US Returns $1 million Stolen By ex-Bayelsa Governor Alamieyeseigha
The United States ambassador to Nigeria said it took her country 15 years to recover the stolen assets from Mr Alamieyeseigha, a former governor of Bayelsa State. The United States on Thursday signed an agreement with the Nigerian government for the return of about $1 million stolen by a former governor of Bayelsa State, the late Deprieye Alamieyeseigha. Mr Alamieyeseigha, …
Read More »Better Days Aren’t Coming Soon: Despair, Disappointment After Maj-Gen. Buhari’s (retd.) Address
Nigerians who hoped that the nationwide broadcast by the President, Major General Muhammadu Buhari (retd.), would put an end to the crisis and sufferings engendered by the naira redesign had their hopes dashed on Thursday. Contrary to these expectations, Buhari’s national broadcast failed to offer any concrete solution to the severe cash shortage, or the pains and sufferings of Nigerians. …
Read More »Naira Crisis: Protests In Lagos, Ogun, Oyo, Rivers
The growing frustrations over the scarcity of naira following the Central Bank of Nigeria(CBN) currency redesign policy stirred pandemonium in Lagos, Ogun, Oyo, Rivers on Friday. The violence which is coming a day after President Muhammadu Buhari addressed the nation on the crisis stoked by naira scarcity paralysed economic activities in the country. Lagos: Unrest in Agege, Ikorodu, Mile 12 The civil unrest …
Read More »Obaseki Visits CBN, Other Financial Institutions In Benin Attacked By Protesters
Governor Godwin Obaseki of Edo State, on Thursday led other top government officials for an on-the-spot assessment of the Central Bank of Nigeria (CBN) and other financial institutions that were damaged during the violent protests in Benin City over the difficulty in accessing the redesigned naira notes. He was accompanied by his Chief of Staff, Hon. Osaigbovo Iyoha, and Special …
Read More »Police Finally Admit Killing 2 Protesters In Benin; Banks, POS Pick Up Pieces
…Police confirm several arrests, warn against further destruction BY MIKE OSAROGIAGBON Benin City, Nigeria – After several hours of denying killings during Wednesday protests against scarcity of naira in Benin City, the Edo State capital, the police on Thursday admitted taking the lives of two protesters while responding to the civil disturbances. The police admittance was conveyed in a statement …
Read More »“ANEEJ Will Build A Movement Around Climate Justice Issues And Support Host Communities” – Ugolor
…Decries Gas Flaring, oil spillage, environmental degradation in Niger Delta By Our Correspondent Port Harcourt, Nigeria – The Executive Director of African Network for Environment and Economic Justice (ANEEJ), Reverend David Ugolor, has said that the organization would build a movement around climate justice issues and support host communities to amplify their issues to the world. The rights Activist made …
Read More »Naira Crisis: Obaseki, CBN, PoS Operators Meet On Cash Disbursement Across Edo
…Says protest, violence in Benin over CBN cashless policy politically motivated Edo State Governor, Mr. Godwin Obaseki, on Thursday, met with officials of the Central Bank of Nigeria (CBN) and members of the Association of Mobile Money and Bank Agents of Nigeria (AMMBAN) to find solution to lingering cash problem in the State. The meeting was to strategize on how …
Read More »Cash Crunch: Obaseki Grants Free Bus Services To Edo People
Beginning from today, Thursday February 16, 2023, all Edo City Transport Service (ECTS) buses are to provide free services to passengers, as a means of reducing the effect of the cash crunch experienced by the people, the state Governor, Mr. Godwin Obaseki has directed. According a press statement issued in Benin today, the governor’s Special Adviser on Media Projects, Mr. …
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