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Naira Redesign: Suspicion, Anxiety Grow As Malami Opposes El-Rufai, Others

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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.

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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.”

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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.

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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.

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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.

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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.

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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.

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“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.

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“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.”

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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.

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“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.

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“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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NDLEA Intercepts Drugs Concealed In Frozen Snails, Electrical Bulbs

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Operatives of the National Drug Law Enforcement Agency have intercepted consignments of illicit drugs concealed in frozen snails, electrical bulbs, and female clothes bound for the United States, the United Kingdom, and the Democratic Republic of Congo.

According to a statement released on Sunday by the agency’s spokesperson, Femi Babafemi, the interceptions were made at the Murtala Muhammed International Airport and a courier company in Lagos.

Babafemi said two suspects have been arrested in connection with the seizures.

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“One of them, a cargo agent Boladale Riliwan, was arrested on October 7, 2025, following the discovery of 15 parcels of skunk, a strain of cannabis, concealed in 10 pieces of giant rechargeable electrical bulbs he presented in a carton for airfreight to the Democratic Republic of Congo at the export shed of the Lagos airport,” Babafemi added.

READ ALSO:Edo: Real Estate Firm Unveils Renowned Media Personality, Okosun, As Brand Ambassador

Babafemi said another suspect, a 48-year-old UK-based public health assistant, Olawale Hakeemot, was arrested on October 12 at the departure hall of Terminal 2 of the MMIA, Ikeja.

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He said she was found with 2,300 pills of tramadol 225mg concealed in frozen snails while attempting to board a Qatar Airways flight to Manchester, United Kingdom.

“Attempt by another syndicate to export 810 pills of bromazepam hidden in female clothes going to the United States was also thwarted by NDLEA officers at a courier company in Lagos on Thursday, 16th October,” he added.

In Adamawa State, Babafemi said operatives intercepted a suspect, Bello Buba, at an NDLEA checkpoint in Namtari, Yola South Local Government Area, with 38,270 pills of tramadol concealed in the spare tyre, boot, and door compartments of his Honda Civic.

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He said the suspect allegedly drove from the Benin Republic to smuggle the drugs into Nigeria.

“A suspect, Bello Buba, was intercepted at an NDLEA checkpoint in Namtari, Yola South LGA with 38,270 pills of tramadol concealed in the spare tyre, boot, and door compartments of his Honda Civic car he drove all the way from Benin Republic to smuggle the consignment into Nigeria on Sunday, October 12,” he said.

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In Ekiti State, he said operatives destroyed 53,250 kilograms of cannabis on 21.3 hectares of farmland in Ilawe-Ekiti and recovered an additional 1,140 kilograms packed in 70 bags. Three suspects—Matthew Emmanuel, 26; James Moses, 27; and Israel Samuel, 20—were arrested during the operation, which lasted between October 12 and 13.

Similarly, Babafemi added that 17,400 kilograms of cannabis were destroyed on 6.96 hectares of farmland in the Aponmu forest reserve, Akure, Ondo State, on October 12.

‎”In Oyo state, Aliyu Muhammed, 50; Babarinde Segun,32; Ogunbiyi Sanjo, 30; and Ajani Oluro,30, were nabbed with 596kg skunk at Apata-Ako, Igboora, while Jacob Afolabi, 30, and Salako Oluwatobi, 25, were arrested with 273kg of the same substance at Odo-Oyan, Igangan, on Thursday, October 16, ” he added.

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In Ogun State, Babafemi said Joseph Andrew was arrested with 88 kilograms of cannabis at Ona-Imeko on October 15, while in Imo State, 42-year-old Festus Udoh was caught with 13,000 pills of opioids along the Onitsha-Owerri Road.

Also in Enugu, he said operatives recovered 74.5 kilograms of cannabis from the store of one Joseph Chukwujamaa at Umuogbo-Agu village on October 18. In Lagos, 11 bags of cannabis weighing 117 kilograms were recovered from the base of a suspect, Ramoni Olukowi, in Mushin on the same day.

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“A total of 80,000 bottles of codeine-based syrup were intercepted in a container earlier watch-listed by NDLEA coming from India during a joint examination of the shipment with men of Customs service and other security agencies at the Apapa port on Tuesday, October 14,” the statement added.

The PUNCH had reported that 52-year-old businessman, Ejiofor Godwin Emeka, had excreted 69 wraps of cocaine after his arrest by operatives of the National Drug Law Enforcement Agency at the Mallam Aminu Kano International Airport, Kano.

Ejiofor, who runs boutiques in Lagos and Onitsha, Anambra State, was intercepted upon arrival from Bangkok, Thailand, on an Ethiopian Airlines flight ET 941 on Wednesday, October 8, 2025, following credible intelligence.

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PSC Reviews Disciplinary Cases, Reinstates Dismissed Police Officers

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The Police Service Commission has reinstated some police officers who had been punished after reviewing a series of disciplinary cases.

The commission said no fewer than 24 appeals and one pending disciplinary matter were deliberated on during its plenary.

A statement on Sunday by the PSC spokesperson, Ikechukwu Ani, said the decisions were aimed at ensuring fairness and justice in police disciplinary administration.

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Among the officers reinstated was ACP Ejiofor Grace Obiageli, who had been compulsorily retired following an incident on September 8, 2023, at Old Netim Division, Akamkpa, Cross River State.

“The Commission approved her reinstatement from the date of her compulsory retirement and to be properly placed so as to be at par with her mates,” Ani added.

Ani also said the commission freed ACP Muhammad Yunusa from a punishment of severe reprimand, restored the rank of CSP Ihekandu Okwuonu, and reinstated him, subject to his date of retirement.

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READ ALSO:PSC Promotes Over 400 Officers, Appoints New DIG For North-East

“The Commission also freed ACP Muhammad Awwal Yunusa from a punishment of severe Reprimand, restored the rank of CSP Ihekandu Allwell Okwuonu and reinstated him, but subject to his date of retirement.

“SP Clement Awoyemi got the Commission’s approval for adjustment of his date of reinstatement while ASP Bamiselu Oluwaseun, ASP Ahmed Monday and ASP Imoohi Doora were all reinstated,” he said.

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Ani equally said the commission dismissed petitions against DIG Bzigu Dali, describing allegations of falsified records as frivolous.

“The Commission also noted that, as the exclusive body on Police Discipline, the warning letter issued to the officer, and which did not emanate from the Commission, was null and void. It also quashed the reversal of his date of birth from 10th of April 1967 to 10th of April 1966 through a signal”, he said.

Ani said the PSC Chairman, DIG Hashimu Argungu (retd), promised that the commission would continue to ensure that justice is served promptly in all disciplinary cases.

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READ ALSO:PSC Names Conference Hall After Ex-chair Arase

He noted that officers who are cleared of wrongdoing should not have their careers hindered by administrative delays or errors.

The Commission will henceforth ensure that pending disciplinary matters are treated with despatch so that those found culpable are made to face the consequences while those exonerated are freed to continue with their career progression.

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“The Commission will not at any time impede the career progression of any Officer who is not found guilty of any misdemeanour,” Argungu was quoted as saying.

Ani also said at the commencement of its second plenary meeting on Thursday, the Commission approved the promotion of several deserving officers, including the appointment of a new Deputy Inspector-General of Police and the promotion of one Commissioner of Police to the rank of Assistant Inspector-General.

READ ALSO:PSC Promotes 12 AIGs, 226 Other Senior Police Officers

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Among those promoted were SP Omenihu Obinna, Commander, Anti-Cult Unit, Abia State Command; DSP Bankole Olajide Joseph, Commander, Bank Guard, Lagos State Command; and several others confirmed as Assistant Superintendents of Police, including Ede Stella Ukamaka of the Police Hospital, Awka, Anambra State; Omeife Bethrand Emeka of 45 PMF, Force Headquarters, Abuja; and Nnamdi Nwoba, O/C Surveillance, Ubakala Division, Abia State Command.

ASP Adeyemi Adeola, Chief of Staff to the Chairman of a Lagos State Task Force, was also promoted to the rank of DSP.

The reinstatements come amid the Police Service Commission’s ongoing efforts to restore confidence in its disciplinary processes and correct administrative injustices within the Nigeria Police Force.

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The PUNCH reports that over the years, several officers have petitioned the commission over what they described as wrongful sanctions, arbitrary punishments, or flawed disciplinary proceedings.

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Police Warn Against Protest In Aso Rock, Environs

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The Nigeria Police Force has warned intending protesters, agitating for the release of Mazi Nnamdi Kalu, against any form of protest around the Aso Rock and its environs.

A statement by the Force Public Relations Officer, CSP Benjamin Hundeyin, in Abuja, said the warning followed an order of a Federal High Court, Abuja.

He said the court, in a suit between the Federal Republic of Nigeria v. Omoyele Sowore & 4 others, on Oct. 17, restrained any form of protest around the Aso Rock and its environs.

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The order restrains the respondents and any other persons or groups acting under their instruction from staging protests within and around Aso Rock Villa and its environs.

READ ALSO:Police Bust Child Trafficking Syndicate In Rivers, Rescue Babies

Other areas are the National Assembly Complex, Force Headquarters, the Court of Appeal, Eagle Square and Shehu Shagari Way.

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“Accordingly, all intending protesters and counter-protest groups are strongly advised to avoid restricted areas and to refrain from any act capable of provoking confrontation or disturbing public order,” he said.

The police spokesman said the force would ensure the free flow of traffic, protection of lives and property, and security of all law-abiding citizens.

According to him, any person or group that uses protests as cover to incite violence, carry or use offensive weapons, vandalise public or private property, kidnap, or engage in acts likely to cause loss of life or serious injury will be dealt with decisively.

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READ ALSO:DSS, Police Partner NCCSALW To End Terrorism, Mop Up Illegal Arms

He said offenders would be arrested, subjected to full investigation, and prosecuted under relevant criminal laws, including laws relating to public order, violent conduct and terrorism where applicable.

Hundeyin said those who incite others via social media or other platforms would be investigated and prosecuted, using digital evidence.

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He said the Inspector-General of Police (I-G), Mr Kayode Egbetokun, had directed the Commissioner of Police (CP) in charge of the Federal Capital Territory (FCT) and relevant operational commands to ensure strict enforcement of the court’s order.

Hundeyin said the I-G had directed the CP to maintain visible and strategic deployments across vulnerable locations, and ensure the safety of residents and lawful activities in the FCT.

READ ALSO:Police Intercept Illicit Drugs, Recover Pistols In Delta

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He urged organisers of the protest and participants to avoid the restricted areas specified by the court and refrain from carrying weapons, engaging in provocative conduct, or encouraging others to breach the law.

Hundeyin also urged the protesters to channel their grievances through the courts and other lawful avenues rather than the streets.

The police spokesman said adequate security arrangements had been made to protect lives and property of law-abiding Nigerians.

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He enjoined those, not engaging in the protest to go about their lawful businesses without fear as anyone found to be in breach of the court’s order or in contempt of the law and be arrested and prosecuted.

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