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New Naira: Ondo Govt Joins Suit Against FG, CBN

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The Ondo State Government has filed a suit against the Federal Government at the Supreme Court over the Central Bank of Nigeria’s directive on limitation of cash withdrawal from banks.

It was gathered that the government filed a separate application to join the suit instituted earlier by the Zamfara, Kaduna and Kogi States at the apex court on deadline issue by CBN on swapping of old naira notes for the new notes.

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The Ondo government asked the apex court to stop the implementation of the policy.

In an originating summon filed and signed by the Attorney-General of the state, Mr. Charles Titiloye, the government prayed the Supreme Court to stop the implementation of the directive issued by the Federal Government through the CBN on limitation of daily cash withdrawals from banks which, it said had totally paralysed the activities of Ondo State and has adversely affected economic and commercial activities in the state.

READ ALSO: Tanker Explodes On Lagos-Ibadan Highway, Traffic Diverted

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The statement issued by the Special Assistant to the AG, Kola Adeniyi, said, “The Ondo State Government contended that the guideline on daily maximum cash withdrawal made by Federal Government is an infraction on the legal rights of Ondo State Government and its citizens to access funds for execution of developmental projects, small credit facilities to petty traders (who have no account in banks) and highly detrimental to daily commercial activities in the state.

“Ondo State Government urged the Supreme Court to declare that the Federal Government cannot by directive issued through Central Bank of Nigeria, amend or vary an existing Act of National Assembly particularly Section 2 of Money Laundering Act which relates specifically to limitations on cash withdrawals for individual and Corporate organisation to N5million and N10million respectively. The updated guidelines issued by CBN now places maximum withdrawal for individual and corporate organisation at N500,000 and N5million respectively.

“Ondo State Government is asking the Supreme Court to decide whether the guidelines issued by Federal Government on maximum daily cash withdrawal and the continuous suffering and hardship caused by the implementation of the said policy is not in conflict with the express provision of Section 2 of the Money Laundering Act, Sections 20, 39 and 42 of the Central Bank of Nigeria Act.

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READ ALSO: CBN Deadline: Supreme Court Ruling Saved Nigerians From Evil – Fani-Kayode

“Ondo State Government averred that while it has more than 149 ministries, departments and agencies to run on daily basis in a state with more than three million people, less 500,000 people have bank accounts through which bank transfer can be made. Consequently the policy of the Federal Government has totally paralysed the economy of the state.

“Ondo State Government averred that the citizens of Ondo State now spends precious hours at banks ATM waiting to collect the new naira note while citizens in the rural areas and villages without banks and Internet facilities have been shut out from receiving or transferring money to meet their daily economic needs.”

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The government urged the apex court to intervene and stop further implementation of the said Federal Government policy.

 

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Edo Govt To Open Up Riverine Communities For Development — Deputy Gov

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The deputy governor of Edo state, Hon Dennis Idahosa, has said that the Monday Okpebholo-led administration will open up riverine communities in the state for sustainable development.

According to a statement signed by his Chief Press Secretary, Friday Aghedo, Idahosa stated this at Inikorogha in Ovia South West Local Government Area of the state during the All Progressives Congress (APC) campaign rally for Saturday’s Ovia Federal Constituency by-election.

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He told the gathering that the new administration led by Okpebholo is keen to see development across the nook and cranny of the state.

He said all that was needed from the people was support and for them to be patient with the nine month old government that hit the ground running immediately after inauguration.

READ ALSO: By-Election: APC Correcting PDP 8 Years Of Underdevelopment In Edo, Days Idahosa

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Idahosa described the Inikorogha community as a peace loving people that had always supported him politically and otherwise.

The deputy, who was adorned by the community in their traditional regalia said, “I have always seen myself as one of your own even before your acceptance of me with this traditional attire.”

All I need from you is massive votes in support for the APC candidate and our governor on Saturday,” he appealed.

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He assured the community that the APC candidate is going to continue with the good work he put up as the representative before his election as deputy governor.

READ ALSO: By-Election: APC Round Off Campaign In Ovia North East LGA, Optimistic Of Victory

Our candidate, Omosede Igbinedion, is not a neophyte in the business of lawmaking. The party chose her because we are sure of her capacity to deliver.”

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While addressing the people, the APC candidate promised to synergise with the deputy governor to bring laudable projects to Ovia federal constituency.

Simirlarly, a chieftain of the party in the community, Ambassador Okubo Robert promised delivery of 100 percent votes for the party.

He noted that the Inikorogha community had always supported the APC in every elections, adding that Saturday’s bye-election will not be any different.

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How Terrorist Leader, Abubakar Abba, Was arrested – Niger Govt

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The Niger State Government has revealed how terrorist leader, Abubakar Abba, was arrested by the Department of State Service in the state.

Abba was the leader of the Mahmuda terror groups, which pitched its tent and operated in Niger and Kwara states.

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He was captured in Wawa, the Borgu Local Government Area of Niger State.

Governor Mohammed Bago’s Chief Press Secretary, Bologi Ibrahim, on Wednesday announced Abba’s arrest in a statement in which he said the terror kingpin had been moved to the nation’s capital, Abuja, for further investigation.

READ ALSO:NIMC Announces Upgrade Of NIN Enrolment Portal For Nigerians In Diaspora

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Yes, it is true. I can confirm that the leader of Mahmuda, which is one of the most dangerous terror groups in West Africa, Abubakar Abba, has been arrested by the DSS.

“He was apprehended alive through an intelligence-led operation by the DSS.

“This is a huge victory for us as a people and as a government, and President Tinubu deserves commendation for this cheering news.

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“Abba’s arrest demonstrates the commitment of President Bola Ahmed Tinubu to truly ending insecurity and promoting the well-being of Nigerians,” Ibrahim said.

Mahmuda, an offshoot of the deadly Boko Haram terror group, was also believed to have ties with the Islamic State and was responsible for a series of attacks across Kwara and Niger states.

READ ALSO:SERAP, NGE Drag Niger Gov, NBC To Court Over Radio Station Closure Threat

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The terror group had reportedly launched two attacks in one day in Kwara state on June 3—first killing three villagers in the morning and then four more in the evening, and leaving the community in mourning.

Mahmuda’s foot soldiers, usually clad in camouflage and often riding on motorcycles, continued their rampage, with at least three villagers killed in a fresh assault.

This indicated the group’s sustained threat.

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A recent large-scale attack in Kwara reportedly resulted in the killing of seven residents, while several others were abducted.

The terror group had also reportedly struck numerous villages near Kainji Lake National Park while a market in Kwara was also attacked, killing four Fulani men, a local guard, and a 19-year-old bystander.

READ ALSO:Presidency In Nigeria Should Be Five-year Single Tenure — Peter Obi

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Another attack killed 15 vigilantes in Kemanji village.

The Mahmuda terror group reportedly established bases in forested areas linking Niger, Nasarawa, Kwara, and Kogi states.

It carried out activities including illegal mining, forced labour and extortion of herders and farmers.

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Meanwhile, the Niger State governor has applauded the DSS operation as a strong demonstration of President Bola Tinubu’s commitment to the safety and welfare of Nigerians.

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Suspended Ebonyi Radio GM Bags Two Awards

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Barely days after his suspension as the General Manager of Legacy FM, Ebonyi State, Godfrey Chikwere, known as Baby Mouth, has received two awards from separate organisations.

Recall that Chikwere was suspended by the privately owned station’s management, who cited repeated breaches of its code of conduct.

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The suspension came shortly after Chikwere, in a Facebook post, criticised the handling of state matters by Ebonyi State Governor, Francis Nwifuru.

In that post, he accused the administration of poor communication, underperformance, and lack of policy direction.

READ ALSO:Radio Station Suspends GM For Criticising Ebonyi Gov

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In response to the controversy on social media, the station’s owner, Senator Obinna Ogba, denied that the governor influenced the decision, insisting the suspension was purely internal.

However, in a Facebook post on Wednesday, Chikwere appeared unfazed by the development, revealing he had been honoured within 72 hours by the National Youth Council of Nigeria and Champions Cathedral.

Yesterday, 12/08/2025, during the commemoration of the 2025 International Youth Day, I was honoured for my contribution to youth development in Ebonyi via the media.

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READ ALSO:Ebonyi Gov, Nwifuru, Sacks Two Aides Over Misconduct

The second award is from Champions Cathedral in recognition of my input in society development.

“To me, I dedicate these awards to all of us who have lent our voices, talent, tact and intellect for society’s growth and development.

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“Without your voices, mine alone would have been a mere noise. It’s our award and your award,” Chikwere wrote.

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