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Naira Crisis May Further Reduce Life Expectancy –PSN

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The Pharmaceutical Society of Nigeria has said the challenges occasioned by the naira redesign may further reduce the life expectancy of Nigerians already pegged at 53.

The president of the body, Professor Cyril Usifo, in a statement on Wednesday said the current state of the economy caused by the scarcity of the new naira notes may also give rise to cases of morbidity and mortality.

According to him, the Federal Government institutions now reject the old naira notes and insist on payment of services through confirmed transfer services or payments with bank tellers into their accounts.

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READ ALSO: ‘We’re Dying Of Hunger,’ Ogun Fish Sellers Protest Rejection Of Old Naira Notes [VIDEO]

He also berated the judiciary for failing to align with the masses in the current circumstances, as most of the courts in the land had stopped collecting old naira notes from people gearing to file processes in court registries.

The statement partly read, “The PSN has observed with concern the paralysing and suffocating impasse that has accompanied the CBN driven naira design.

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“When this is added to the unduly long week of prevailing fuel scarcity, then it becomes all too obvious that these forces are conspiring to further reduce the unacceptable life expectancy of the Nigerian citizens put at 53.

“As it stands today, the economy appears to be grinding to a halt with the full potentials of a meteoric rise in cases of morbidity and mortality because disease progression remains a major risk factor in a population where the less privileged who relies on out of pocket expenses to access healthcare is denied access to cash.

“This certainly makes a huge quantum of Nigerians vulnerable to death if this unhealthy scenario remains unchecked.

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“For a country where a substantial majority relies on subsistence living because they thrive and live on daily earnings as artisans, market men and women, okada riders, bus drivers and so on, it is only a matter of time that the country might reap the consequences of its negligence of the health of the citizenry.”

READ ALSO: Another Protest Rocks Ogun Over Scarcity Of New Naira Notes [VIDEO]

Usifo, however, urged the Central Bank of Nigeria to come up with a specific position to guide the banks in view of the Supreme Court’s declaration on the naira design.

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He stated that this would go a long way in diffusing tension as well as restore credibility in the banking system at a time that most banks are no longer opened to the public for day to day banking operations and transactions.

“Government agencies at all levels need to be called to order to desist from complicating the already chaotic situation. In Kano State, the government is already threatening to revoke the C of O of banks that refuse to collect the old naira notes.

“All government hospitals should be compelled to initiate treatments especially in the accident and emergency units and in-patients departments while acceptable payment modalities are being sorted,” he added.

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Usifo further reminded the federal and state governments to review the operational modalities of Social Health Insurance in the country, particularly to ensure that all endeavours are inclined on the path of lawful pillars in the plan of action.

He said the National Health Insurance Authority must conform with lawful payment mechanism and delineate facilities that qualify to be gatekeepers or primary providers which were eligible for capitation payments rather than the indiscriminate capitation that is presently extended to secondary and tertiary facilities which remains a misnomer.

While calling on the banking institutions to leverage on modern technology to cushion the effect of the scarcity, Usifo admonished pharmacy practitioners to collect the old naira notes as the apex bank had promised to accept it from its members.

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He said, “The PSN in particular, draws the attention of the NHIA secretariat to salient provisions of the PCN Act 2022 which forbids the dispensing, sales and stocking of drugs in premises not registered by the PCN.(Lack of Superintendent Pharmacist).

“The banks should be mandated to upgrade their IT infrastructure leverage modern technology (Cloud and 5G) which are available already in Nigeria.

“The PSN wishes to direct community pharmacies, which are the first points to seek healthcare globally, to work out ways to sustain services within the ambits of existing payment framework.

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READ ALSO: [BREAKING] Naira, Fuel Shortage: Protests Rock Benin, 4 Feared Shot

“In instances where the last resort borders on collection of the old naira notes, we enjoin Pharmacy practitioners to collect such since we are assured the Apex bank will accept the old notes and credit our account balances.

“The PSN assures consumers of health that pharmacists shall continue to stand with them as we continue to facilitate the manufacturing of essential drugs in the factories and making them available at accessible pharmacies at affordable prices in line with the tenets of the National Drug Policy.”

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Oba of Benin Renews Bond With Ancestral Relations, Nigerians During Emorhọ Feast

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The palace of the Oba of Benin was agog with activities during the 2025 Emorhọ fest, declared by Omo N’Oba N’Edo Uku, Uku Akpolokpolo, Ewuare II, Oba of Benin as part of activities to mark the ancient Emorhọ, otherwise known as the ‘New Yam Festival’.

Oba of Benin, who reenacted the age-long festival, renewed the bond that exist between him and his ancestral relations from Issele-Uku in Aniocha North Local Government Area of Delta State at the event, which attracted dignitaries, including Benin people, indigenes and non-indigenes across Edo State.

Members of the Benin Royal family, Edionwere (village heads), youth leaders across the various communities in Benin, market women group, palace chiefs, traditional priests and priestesses in Benin, were also in attendance.

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READ ALSO:Oba Of Benin Declares Two-week Fasting, Prayer For Edo

A special prayer offered on behalf of the palace by Chief Enorense Ozigbo-Esere, the Osuma of Benin, paved the way for the commencement of the feast, where Secretary to the Benin Traditional Council, Frank Irabor, welcomed guests and highlighted the essence of the gathering.

Speaking in an interview, Oba Ewuare younger ancestral relations from Issele-Uku led by Chief Michael Odiakosa, expressed delight for the privilege to be part of the historic celebration.

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He explained the relationship between Benin and Issele-Uku, reaffirming that, “Issele-Uku is an extension of Benin Kingdom. We are all descendants of Benin. So, we are at home”.

READ ALSO:Oba Of Benin Ushers In ‘Emorọ’

We are in a safe place. We came to celebrate the festival with our father, the Omo N’ Oba, and we are happy to be here”, Odiakosa said.

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On his part, 99-year-old Pa. Paul Osarumwense Oyemwen, the Odionwere of Orior-Ozolua community in Uhunmwode LGA who thanked the Oba for the gesture, said the festival is not new in Benin and it’s devoid of sacrifices.

Expressing her appreciation to the Oba of Benin, the ‘Edo markets leader’, Pastor (Mrs) Josephine Ibhaguezejele, noted that members of the group have been waiting anxiously for the opportunity to partake in the yearly festival, while praying God that the blessings of the festival to transform lives.

Also speaking, Pa. Daniel Osunde, the Odionwere of Idumwun-owina, N’ Iyeke-orhiomwon, also prayed for the Oba and thanked the first Class traditional ruler for his foresight.

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Excited guests in their numbers were fed with African delicacy, amid dancing and jubilation, while members of Isikhian women group who gave a good account of their stewardship, were not left out in the celebration by the Oba who rewarded them with cash gift and other items in acknowledgement their duties in Benin.

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Okpebholo Poised To Surpassing People’s Expectations — Edo Deputy Gov

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Edo deputy governor, Hon Dennis Idahosa has assured that the Governor Monday Okpebholo-led administration is poised to surpass the expectations of the people of the state in terms of campaign promises fulfilment.

Idahosa said that the administration had hit the grand running right from the day of inauguration by identifying and prioritising the key areas of the SHINE agenda for implementation.

A statement by Mr Friday Aghedo, Chief Press Secretary to the deputy governor, said Idahosa spoke when he received the prestigious Peace Ambassador Award from the International Association of World Peace Advocates (IAWPA).

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The award ceremony held at the deputy governor’s office during a courtesy visit by the leadership of the IAWPA led by the President, Amb. Per Stafsen, the South-South Coordinator/Edo state Director, Amb. Amos Areloegbe, and other zonal representatives.

READ ALSO:Okpebholo Warns Companies Against Fuelling Edo–Delta Boundary Dispute

“We pray, by the grace of God, Edo State will surpass the expectations of the people when we are through with our tenure,” he declared.

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Idahosa described the recognition as a source of pride, not just for him, but for the Governor Monday Okpebholo-led administration.

Governor Okpebholo is a man of peace, and his government stands firmly for peace. This award is a validation of his unwavering commitment to building a safe and harmonious Edo State,” he said.

The Deputy Governor emphasized that peace and security remain central pillars of the government’s five-point SHINE agenda, noting that collaboration with traditional institutions, religious leaders, and civil society organizations has been vital in sustaining stability across the state.

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Peace is extremely important in any society. Where there is peace, there is security; where insecurity prevails, peace cannot exist.

“This recognition today strengthens our resolve to continue being ambassadors of peace,” Idahosa stated.

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On his part, Amb. Amos Areloegbe noted that IAWPA, a United Nations–certified body aligned with the 17 Sustainable Development Goals (SDGs), deliberately chose Edo State to commemorate the International Day of Non-Violence on October 2.

According to him, “Edo State remains one of the most peaceful states in the federation, hence our choice to celebrate here.”

The investiture was hailed by observers as not only an honour to Idahosa but also as an acknowledgment of Edo’s growing reputation as a bastion of peace under Governor Okpebholo’s leadership.

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Ogoni Women Protest Resumption Of Oil Production, Demand Accountability In $1Bn Cleanup Funds

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Ogoni women drawn from all works of life have come out to protest against the resumption of oil production in the area without proper negotiation.

The women expressed anger over the non-transparent nature of the entire oil resumption exercise, accusing the government of attempting to manipulate them into giving up on their demands as expressed in the Ogoni Bill of Rights (OBR).

The women further demanded that the Nigerian government account for $300million Ogoni infrastructure development fund which is alleged to have been diverted by some key government personalities in alliance with some Ogoni leaders.

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They further demanded accountability for the $1Billion Ogoni cleanup funds which they said is a failed project.

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The women, who marched on the streets of Bori, the traditional headquarters of Ogoni, accused the government of neglecting the core demands of the Ogoni people including the demand for the creation of a Bori State and compensation for livelihood losses due to decades of devastating oil spills in the lands.

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“We lost everything, crops, drinking water sources, food and farming lands and we now live with strange illnesses which ultimately will lead to our death. No one is interested in all that. The only thing the government is interested in is our oil resources. We reject the insensitivity of the government and we want to be heard”; one of the protesters who pleaded anonymity told Ogoninews.

Another speaker, Mrs Helen Huoma said the plot to resume oil production in Ogoni is deceptive.

“The oil industry people are always lying. They will tell us something and do another. When we ask our MOSOP leaders, they tell us they know nothing about what the government and the oil industry are doing. It’s all a bunch of confusion and deceit. We will resist this move because we paid heavily to give Ogoni a name and the pride it has today”

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A woman identified as Janet from Gokana Local Government Area alleged that the Nigerian government has never been interested in the welfare of the Ogoni people.

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She alleged that the government had only been interested in the oil and after that, they appeased political leaders with contracts to suppress local residents.

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“All they do is deceive the Ogoni people and we continue to suffer in the midst of abundant natural resources. If they can divert $300million, then how can we trust them? Before we start, let them account for the $300 million and the cleanup program which, at least, should have solved some basic problems.”

The Nigerian President, Bola Ahmed Tinubu had recently directed the National Security Adviser, Nuhu Ribadu to engage the NNPC Limited and work out modalities for the resumption of oil production in Ogoni. This directive followed a meeting with some Ogoni leaders in Aso Rock, Presidential Villa.

The president had also recently granted pardon to the Ogoni nine including Ken Saro-Wiwa and to four Ogoni leaders who were murdered on May 21, 1995. The Abacha regime had blamed Ken Saro-Wiwa for the murders and executed him along with 8 others on November 10, 1995 despite global outcry acknowledging their innocence.

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Following the executions, a United Nations fact finding team visited Nigeria. The team acknowledged that the entire trial process was flawed and noted that Nigeria did not even follow the minimal prescription of its own laws in the conduct of the trial.

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