News
New Deadline Set for Elimination of Old Naira Notes
The House of Representatives has informed Central bank of Nigeria (CBN) to start eliminate old naira notes and to introduce the new N200, N500 and N1000 notes. They urge CBN to give to instruct banks to only make use of the new notes for transactions in order to prevent the circulation of old notes. This decision was passed after a motion by Mr Victor Ogene.
The CBN firstly introduced the new notes in 2022 October but faced criticism from Nigerian as there was queues and scarcity of the new notes. The Supreme Court has now set a deadline of December 31, 2024 after which the old notes will no longer be accepted anywhere. The House has referred the matter to its Committee on Banking Regulations for further action.
It was reported that former Nigerian president Goodluck Jonathan has allegedly purchased a presidential candidate form for the 2027 elections.
It can be noted that Jonathan served as Nigeria’s president from 2010 to 2015.
This information was revealed by Sani Useni, a special assistant who made the claim. Many reacted to the news, with some expressing interest in seeing Jonathan return to power after staying relatively quiet politically since his administration ended.
However, Jonathan has not yet addressed the public or officially shared any presidential ambition.
The Christian Association of Nigeria (CAN) has reacted to the recent abduction incident in Oyo State.
It can be recalled that schools were attacked by armed men, with some teachers and students reportedly taken. Some people were also killed during the attack.
CAN cried out on behalf of the public, stating “It is intolerable, disgraceful and utterly unacceptable that Nigerian children can no longer sit safely in classrooms without the fear of being kidnapped by armed gangs.”
The organisation also stated that Nigerians are tired of constantly mourning and questioning when something will finally be done to stop the violence.
The Governor of Oyo State, Seyi Makinde, has revealed that seven teachers were abducted following a recent attack on a school in the state.
It was also shared that the number of students taken is still being investigated.
The governor further revealed that some people were killed during the attack and abduction.
He also added “With the pressure on the terrorists and the bandits in the North-West, they will keep moving southward.”
“When you have pressure in one place, we must be prepared on this side to either repel or neutralise any terrorists fleeing the pressure points.”
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