News
Naira Redesign: Suspicion, Anxiety Grow As Malami Opposes El-Rufai, Others
Published
3 years agoon
By
Editor
Twenty-four hours to the deadline set by the Central Bank of Nigeria, CBN, for the swap of the old naira notes, there is a high level of anxiety across the country.
The Supreme Court had on Wednesday temporarily halted the move by the Central Bank of Nigeria, CBN, to ban the use of the old naira notes from February 10, 2023.
A 7-member panel led by Justice John Okoro halted the move while ruling in an ex-parte application brought by three northern States of Kaduna, Kogi and Zamfara.
The three States had specifically applied for an order of Interim Injunction restraining “the federal government through the Central Bank of Nigeria (CBN) or the commercial banks from suspending or determining or ending on February 10, 2023, the time frame with which the now older version of the 200, 500 and 1,000 denomination of the naira may no longer be legal tender pending the hearing and determination of their motion on notice for interlocutory injunction”.
Moving the application on Wednesday, counsel to the applicants, Mr A. I. Mustapha, SAN, had urged the apex court to grant the application in the interest of justice and the well-being of Nigerians.
He stated that the policy of the government has led to an “excruciating situation that is almost leading to anarchy in the land.”
The ruling has since generated mixed reactions from across the country.
While some citizens, including the camp of the APC Presidential candidate, Bola Tinubu are hailing the ruling, others have asked President Muhammadu Buhari to override it with an executive order.
Few hours after the ruling, the Governor of the CBN, Godwin Emefiele met with President Buhari at the Aso Rock Villa.
READ ALSO: Why Supreme Court Paused Ban On Old Naira Notes —Ozekhome
Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, has already filed processes challenging the jurisdiction of the Supreme Court to suspend the scheduled deadline.
Malami, in a preliminary objection he filed on behalf of the Federal Government, applied for an order striking out the suit that three Northern States filed to halt the full implementation of the new monetary policy that was introduced by the Central Bank of Nigeria, CBN.
He is the sole defendant in the suit marked: SC/CV/162/2023, where he applied for its outright dismissal on the basis that the three States lacked the locus-standi.
Listing his grounds for challenging the power of the Supreme Court to intervene in the matter, Malami accused the three States of opposing FG’s power, through its agency, the CBN, to withdraw old banknotes and introduce new ones.
Nigerians are anxiously awaiting the next step of the CBN, especially with the deadline ending on Friday, February 10, just as President Buhari had earlier asked for one week to take a major decision on the matter one way or the other.
Speaking to DAILY POST on Wednesday, the Head of the Peoples Democratic Party, PDP, Digital Media, Barrister Tony Ehilebo claimed of a certain intelligence that the ruling party, All Progressives Congress, APC, is planning to swap N21 billion it had set out for vote-buying.
READ ALSO: Continue To Spend Old Naira Notes, El-Rufai Tells Nigerians
He, however, said that the efforts of Governor Nasir El-Rufia of Kaduna State and his cohorts to stop the CBN policy will fail because the States lacked such powers.
He alleged that, “The intelligence reaching us is that the APC, especially in States that they control are using the instrumentality of the State government and trying to swap N21 billion.
“We don’t know if this has gone through or if it has happened but we have raised all the necessary alarms.
“These are the questions we should be asking. We expect that the NFIU which has direct access to any suspicious cash transaction should be on top of its job.
“I’m one of the advocates, one of the drafters of the creation of the National Financial Intelligence Unit Bill and I expect it to live up to expectation, which is why I don’t have any problem with the CBN policy.
“It may not even favour the PDP as far as I’m concerned but it is in the best interest of Nigeria. We’ll really like whoever Nigerians want, which I believe is the PDP at this point in time.”
Speaking further on the recent Supreme Court injunction, he added, “It is a normal procedure of the court. When you run to the court with the cry that lives are being affected, it is the Court’s duty to first intervene and then bring all parties to the table and provide opportunity for response.
“That is why injunctions only have a lifespan of seven days at most. However, I suspect that this will be reversed. If you notice, it was given on 7th and it expires on 15th and that is when the hearing proper is.
“If I were the CBN, on the 15th I’ll carry on with that policy. Of course, the CBN is legitimately carrying out its function and I don’t think the States have any say whatsoever to impede on functions that are constitutionally guaranteed by the banks and other financial institutions’ acts.
“The CBN is guaranteed to be independent of the judiciary and free from the encumbrance of people like El-rufai and his cohorts.”
But reacting to the allegations of planning to buy votes and rig the forthcoming election, Comrade Okpokwu Ogenyi, Convener, Concerned APC Members and member APC Presidential Campaign Council and Civil Society Directorate, wondered why the APC whose government introduced the BVAS and signed the Electoral Act 2022 into law, should be the one being accused of planning to rig elections.
Speaking to DAILY POST, he said, “Yes. Some members of my party are in court to challenge the policy of the Central Bank of Nigeria and some of the reasons they gave were very clear.
“El-Rufia made it clear that in the entire Borno State, it is only two local governments that banks are operating.
“The same in Yobe State. He said that he was campaigning against the effect of the policy on the people. He even said the policy has nothing to do with the CBN but Mr. President who changed currency even in his first tenure as military head of state.
READ ALSO: JUST IN: Dismiss Suit Against FG On Old Naira Deadline, AGF Tells S’Court
“That the timing is wrong. In my personal opinion, I want to tell you that Governor El-Rufia is in court to seek redress in his capacity as governor of Kaduna State. He is speaking for the people of Kaduna State not for the entire All Progressives Congress.
“On the allegations of swapping over N21b for vote, let me say that just yesterday, the party launched the Renewed Hope Ambassadors of Nigeria to mobilise 20-man canvassers in each of the polling units.
“A party that is resorting to vote-buying will not initiate such a volume of projects. I want you to also know that my party is not ready to buy votes. The BVAS was introduced by my party.
“The Electoral Act 2022 was signed by my party. So the party is putting up measures to checkmate some of the excesses during elections, such as rigging, vote-buying and all of that.”
DAILY POST
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News
Textile, Garment And Tailoring Workers Assault Journalists In Edo
Published
4 hours agoon
September 16, 2025By
Editor
Some members of the National Union of Textile, Garment and Tailoring Workers of Nigeria (NUTGTWN), Edo State branch,
on Tuesday, assaulted journalists who were invited to their secretariat to cover their meeting.
Deputy General Secretary of the NUTGTWN, Comrade Emeka Nkwoala, invited the journalists to the secretariat of the body to get the outcome of a meeting he was directed to hold with them following the resignation of the branch chairman, Mike Ochei from the Caretaker Committee, and the suspension leadership of the union in Edo State over his resignation.
The Caretaker Committee was set up by the leadership of the Nigerian Labour Congress (NLC) to resolve the crisis and conduct election into the state leadership of the Congress.
Ochei, while resiging was quoted to have said that he was coerced into the membership of the caretaker committee, hence his resignation.
READ ALSO: Edo Deputy Gov Tasks Lab Scientists On Research, Vaccine Production
Trouble, however, started, when, after the journalists introduced themselves inside the hall, and as Nkwoala about to talk, some of the members of the body started shouting ‘we don’t need press,’ it is an internal affair, they must leave,’ which was followed by some of the union members physically assaulting the journalists. One of the members poked his hands into the eyes of one of the reporters, while they used derogatory words on them.
Addressing journalists after the uproar that followed the meeting, Nkwoala said Ochei was contacted and informed before he was nominated to serve in the NLC committee, stressing that it was, therefore, wrong for him to have claimed that he was coerced into the committee.
He, thereafter, apologised to journalists who were harassed by some members of the union.
READ ALSO:Nigerian Jailed In US Over $6m Inheritance Fraud
Nkwoala said: “I want to apologise on behalf of our union, we are a matured union, we hold the press in high esteem and we relate very well with the press. From the inception of our union, our past leaders didn’t joke with the press. Is it Comrade Adams Oshiomhole, Comrade Issa Aremu or the current General Secretary Comrade Ali Baba? We don’t joke with the press. We apologise for the embarrassment that our members caused you. We are not known for such.
“The state of our union right now in Edo State is that we have suspended the Mike Ochei led state exco. They are on suspension till further notice. That was the resolution we reached with the various chairmen of the zones in Benin City today, it was also the resolution of our National Administrative Council (NAC) of our Union via our zoom meeting yesterday (Monday). So they cannot represent the NUTGTWN anywhere in whatever capacity.”
On the way forward for the crisis in Edo NLC, he said: “Our allegiance is to the national leadership of the NLC ably led by Comrade Joe Ajaero and the Professor Monday Igbafen led caretaker committee. We believe that the leadership of the NLC has machinery in place to deal with some of these issues, for us we are part and parcel of the NLC and we will continue to pay our allegiance with the leadership of congress led by Comrade Ajaero.”
News
Edo Deputy Gov Tasks Lab Scientists On Research, Vaccine Production
Published
7 hours agoon
September 16, 2025By
Editor
Deputy governor of Edo State, Hon. Dennis Idahosa, on Tuesday, urged the Association of Medical Laboratory Scientists of Nigeria (AMLSN), to go into deep research, and channelled scientific findings to boost public health.
Idahosa also urged the scientists to set up a vaccine manufacturing company in Edo State.
The deputy governor spoke when he played host to the state chapter of AMLSN, saying “as we speak, we still do not have a vaccine manufacturing company or industry in the whole of Nigeria. That, to me, is worrisome.”
READ ALSO:Idahosa Lauds Edo Specialist Hospital Facilities
Idahosa, who hosted the scientists on behalf of Governor Monday Okpebholo, added: ” This is the heartbeat of the nation. I think we should roll up our sleeves and do what other states in this country have not done before. Let Edo be the beginner.”
He appreciated the laboratory scientists on the courtesy visit, just as he commended them for their contributions and medical interventions, which he said had given a boost to the public health sector delivery system in the state.
Making reference to the campaign manifesto and five point SHINE Agenda of Okpebholo, Idahosa affirmed that, “after security, health is number two. We are laying so much emphasis on health. Edo State is going to be happy with what we are going to do with the health sector.”
READ ALSO:2027 Presidency: Idahosa Reiterates Okpebholo’s Promises Of Delivering Edo To Tinubu
Idahosa assured the scientists that he was going to work closely with “the think tanks in the health sector based on raised areas of needs,” as “government would look at the best way to proffer solution to some of these challenges.”
State Chairman of the AMLSN, Dr. Ekhaguere Ehigie who earlier congratulated the Edo State Government for victories at the polls and in court, highlighted issues that plagued laboratory practice in Nigeria.
He advocated the setting up of modern molecular laboratories and use of Nano technology to boost disease diagnosis, accurate laboratory results and monitoring/surveillance of public health.
News
10 Things Candidates Should Know About Customs Recruitment CBT Exams
Published
7 hours agoon
September 16, 2025By
Editor
The Nigeria Customs Service has issued detailed guidelines to shortlisted candidates ahead of its computer-based test for the ongoing recruitment exercise.
This was contained in a statement obtained by The PUNCH on Tuesday.
The service emphasised that the CBT would be strictly monitored and advised candidates to take note of all instructions to avoid disqualification.
According to the NCS, here are 10 key things applicants must know
1. Test will be online
The service explained that the CBT would be conducted virtually, allowing candidates to write the exam from any location as long as there is reliable internet access. It added that those without personal devices could make use of internet-enabled computer centres.
READ ALSO:UK Bars Over 100 Job Roles From Foreign Recruitment To Curb Migration
2. Mobile phones not allowed
Applicants were warned against attempting to use mobile phones for the exam, as the platform does not support such devices. Only laptops and desktops that have webcam capability and allow full-screen display will be accepted.
3. Facial verification required
The NCS stated that a mandatory facial recognition process would be carried out during login. Candidates were urged to prepare accordingly, as their faces must match the details already provided during registration.
4. Avoid untidy appearance
The mail advised applicants to ensure their facial presentation is clear and uncluttered, stressing that “clumsy facial looks” might hinder the smooth operation of the verification system.
5. Sensitive to noise and movement
The CBT application is programmed to detect unusual behaviour. Candidates were cautioned to sit still and maintain focus throughout the test. The system, it warned, could log out those who make excessive body movements or create noise.
READ ALSO:Customs Seizes N13.5bn Worth Of Illicit Drugs At Onne Port
6. No distractions allowed
Beyond movements, the service also warned against writing the exam in noisy environments. It explained that whispering or background disturbances may be picked up by the system and interpreted as malpractice.
7. One window at a time
Applicants must remain on a single screen throughout the exam. Switching from one window to another, even briefly, could be flagged by the application as an attempt to cheat.
8. Pre-test before main exam
To familiarise candidates with the system, the service said there would be a compulsory practice session two days before the actual test. This, it added, would enable applicants to understand how the application works and reduce errors on the exam day.
9. Two links for candidates
The NCS explained that applicants would receive two separate links: one to access the pre-test and another for the main CBT on a different date. It urged candidates to use the correct link on the assigned day.
READ ALSO:Customs Intercepts N1.7bn Falsely Declared Goods Across South-West Zone
10. Extra test for Superintendent cadre
The mail noted that those who applied for the Superintendent cadre (Level 8) would undertake an additional CBT in the next phase of the recruitment. However, this requirement does not apply to candidates seeking positions in the Inspectorate and Customs Assistant cadres.
The service said that applicants who scale through all stages would be invited for a final screening.
According to The PUNCH, 286,697 candidates were shortlisted for the CBT stage, with the NCS directing all applicants to validate their email addresses as part of the process.
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