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APC Governors Oppose CBN’s February 10 Deadline for Old Naira Notes

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In a recent development, governors from Nigeria’s ruling All Progressives Congress (APC) have voiced their opposition to the Central Bank of Nigeria’s (CBN) February 10 deadline for the old N200, N500, and N1,000 naira notes to cease being legal tender.

The governors argue that the policy’s implementation has led to significant hardships for Nigerians, particularly in rural areas where access to banking services is limited.

The APC governors have expressed concerns that the scarcity of the new naira notes is disrupting daily life and economic activities. They highlight that many citizens are struggling to access cash, which is essential for their livelihoods.

In response to these challenges, the governors have sought a meeting with President Muhammadu Buhari to discuss the implications of the policy and to advocate for an extension of the deadline.


 

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Isaac Fayose Criticizes Government Over Taxation and Insecurity

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Nigerian businessman Isaac Fayose has spoken about what he considers one of the country’s biggest problems, stating that many Nigerians are worried about government taxation, insecurity, and the increasing rate of kidnappings for ransom.

He lamented the situation and criticized the government, arguing that these issues have become deeply rooted and that there appears to be no lasting solution in sight.

According to him “In Nigeria we have two governments. One is collecting tax, the other one is collecting ransom. Both of them have one thing in common which is to make life difficult for their people.

The one that is collecting tax without doing anything will come and share you rice and semolina. The one that is collecting ransom is doing giveaway on social media.”


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Concern Grows Over Rising Insecurity Following Kwara Abduction Case

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It was reported that bandits were seen in Kwara State and abducted six residents from Rukpete Village.

The incident was reported to have occurred on June 8 at about 11 p.m.

Sources revealed that seven people were initially taken, but an elderly man was later released, leaving six victims in captivity.

The rising cases of insecurity in the country remain quite alarming.


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Panic as Bandit Rumours Spark School Safety Concerns in Abuja

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The state of the country is affecting many people, as they believe nowhere is safe, including schools where they keep their children.

It has been reported that some parents have started withdrawing their children from schools in Abuja.

It can be noted that rumours of bandits being sighted near a school triggered panic, causing parents to hurriedly remove their children for safety.

While the reports of bandits have not been confirmed, the school has also issued safety measures to ensure the protection of students within the premises.


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