News
Oil Marketers Reject Old Naira Notes Despite CBN Directive

Oil marketers, on Monday, insisted that they were no more interested in the old naira notes and would not collect them from the public, despite claims that the Central Bank of Nigeria had cleared the bills for the transaction.
It was also gathered that Deposit Money Banks had yet to communicate any directive to oil marketers as regards the collection of the old naira notes.
Marketers of Premium Motor Spirit, popularly called petrol, and other petroleum products, told our correspondent that since the Federal Government had redesigned the naira notes, it should make it surplus and stop putting Nigerians into confusion.
“They said they have redesigned the naira, and if they have done that, then the Central Bank of Nigeria should release the new money. Why are they taking us backwards and confusing people? What are we going to do with the old money?” the Secretary, Independent Petroleum Marketers Association of Nigeria, Abuja-Suleja, Mohammed Shuaibu, stated.
READ ALSO: JUST IN: At Last, CBN Breaks Silence, Says Old Naira Notes Remain Legal Tender Till December
He added, “The Federal Government said it had directed the CBN to destroy the old notes and that the notes cease to be legal tender. So as far as we are concerned, and as businessmen, it will be very difficult to go ahead and start collecting that money.
“For it is until we hear that banks have started collecting it before we will start collecting it from the public. But as far as we are concerned, we will not collect any old money in any of our petrol stations.”
He said the banks “have not told us to collect the old notes, and even the new notes, we are not seeing them. Majorly the fuel we are selling is through bank transfers and Point of Sale service, which is cashless.”
Shuaibu argued that President Muhammadu Buhari had said that his directive was for the CBN to destroy the old N1,000 and N500 notes, and that they ceased to be legal tender.
READ ALSO: Naira: CBN Has No Reason To Disobey Court Orders — Presidency
“So where are the old notes coming from? And if not for the network problem we encounter in Nigeria, this cashless policy is the best,” the IPMAN official stated.
He stressed that if the Federal Government was insisting on the redesigned new notes, it should make it surplus and allow it to circulate.
Commenting on the judgement of the Supreme Court, Shuaibu said, “Based on that judgement, we now have two types of N1,000 notes – old and new, as well as N500 notes. Now, which one is the authentic legal tender?
“The Federal Government said it had stopped the old notes, and the Supreme Court said people should transact with it till December, please, which one should we follow?
READ ALSO: Naira: Malami, Emefiele On Their Own On S’Court Judgement – Presidency
“If we are going to be using both, it means we will have two types of N1,000 and N500 notes in circulation. Is this not going to create confusion? The CBN should come out and tell us, or tell the commercial banks.”
He said the commercial banks should then tell the oil marketers, in order to have a seamless flow of cash across the country.
“But as far as we are concerned, those of us in this business, we don’t even want that old money again and we are not going to collect it.
“However, as I’m talking to you now, if the banks had asked us to collect the old notes, I will be the first to accept it and deposit same to the banks. But honestly, there’s nothing like that now,” Shuaibu stated.
News
Journalists Are Indispensable Companions, Says Osun Amotekun Commander
Osun State Commander of the Western Nigeria Security Network and Amotekun Corps, Chief Adekunle Omoyele, has described journalists as indispensable companions for any organisation or individual who is poised to succeed
Dr. Omoyele, who spoke while receiving the executive members of the Nigeria Union of Journalists, NUJ, OSBC Chapel, expressed his commitment to maintaining a cordial relationship with journalists.
The Commander, who has been partnering with the union since he assumed his present position, also used the avenue to express his readiness to collaborate with men of the pen professional to ensure the forthcoming press-week of NUJ, OSBC Chapel is successful.
Omoyele, while expressing his readiness to host the Church Service ushering in the 2025 Press Week of the NUJ, OSBC Chapel, slated for September 28, 2025,
appreciated the union for maintaining and sustaining the cordiality between the two organisations.
READ ALSO:Ondo Amotekun Arrests Kidnappers, Other Suspects
Earlier in his remarks, chairman of the chapel, Comrade Lateef Agboola, informed the Amotekun Commander that his team was in his office to renew the cordial relationship between the Amotekun Osun and the NUJ, OSBC Chapel.
Agboola felicitated with Dr Omoyele on his installation as the Onijegun of Ijegun, Iseyin, by the Aseyin of Iseyinland, Oba Sefiu Olawale Oyebola, Olayeri the third, in May this year.
Other executive members of the entourage were: Deputy Chairman of the chapel, Comrade Olawumi Olaniyi; General Secretary, Comrade Kamil Raheem and the treasurer, Comrade Bukola Osunwo.
Highlight of the visit was the presentation of the frame to Dr Omoyele to identify with him on his installation as the Onijegun of Ijegun in Iseyin.
News
Edo Seals Market Square Over Unpaid Taxes
The Edo State Internal Revenue Service has sealed the premises of Market Square over alleged N27m million naira unpaid taxes.
In a statement on Friday, Edo EIRS Head, Corporate Communications, Courage Eboigbe, said the outstanding sum was as a result of an audit conducted by the EIRS on Market Square, covering the period from 2018 to 2023 for Pay-As-You-Earn (PAYE) and Withholding Tax liabilities.
The statement read: “The Edo State Internal Revenue Service on Friday, September 19, 2025, sealed the premises of Market Square (Sunday Foods) for non-payment of taxes amounting to N27,005,117.97.
READ ALSO:FULL LIST: Ballon d’Or Unveils 2025 Women Nominees
“The outstanding sum is the result of an audit exercise conducted by the EIRS on Market Square, covering the period from 2018 to 2023 for Pay-As-You-Earn and Withholding Tax liabilities.
“The audit findings and subsequent tax assessment were communicated to the company. As Market Square did not object to this assessment, it became final and conclusive.
“Following the company’s refusal to settle its debt, the revenue service has now, pursuant to a court order, sealed the premises to recover the outstanding tax due to the Edo State Government.
READ ALSO:Edo Agency Rescues 27-year-old Uwoghiren Poisoned In Burkina Faso
“The EIRS is prepared to unseal the premises immediately upon confirmation of full payment.’
Eboigbe, who said payment of taxes is a fundamental civic responsibility for all individuals and organizations engaged in economic activities in Edo State, stated that tax revenue is essential for the government to provide critical infrastructure and services for the public.
While noting that tax compliance significantly enhances business operations and upholds a positive corporate image, he said that EIRS commends all compliant taxpayers and urged others to meet their tax obligations promptly.
News
Bauchi Attorney-General Says GBV Is A Pressing Human Right Issue
Hassan El-Yakub, the Bauchi State Attorney-General and Commissioner for Justice, has described Gender-Based Violence (GBV) as one of the most pressing human rights concerns in the state.
El-Yakub made the remark in Bauchi on Friday, during a two-day training on enhancing access to justice and strengthening investigative and prosecutorial skills in GBV cases.
Represented by Yusuf Adamu, the State Solicitor and Permanent Secretary, Ministry of Justice, El-Yakub noted that although Bauchi State has enacted laws and policies to tackle the menace, more needs to be done through collaboration among stakeholders.
READ ALSO:Warji Community Lauds Bauchi Govt Over 19-km Road Project
The training brought together investigators, prosecutors, judicial officers, and civil society actors.
The training focused on improving knowledge of GBV laws and case law, while equipping investigators with skills in evidence collection, forensic documentation, and maintaining the chain of custody.
Participants also received training on strengthening prosecutorial capacity in framing charges, presenting medical evidence, and securing convictions, with an emphasis on survivor-centered justice that balances restorative and punitive measures.
READ ALSO:Plant Trees Alongside With School Construction, Bauchi SUBEB Tells Contractors
Speaking before the training, Ms Deborah Tabara, Gender and Reproductive Health Analyst, United Nations Population Fund (UNFPA), commended the Ministry of Justice for engaging critical stakeholders.
Tabara, also the state’s Programme Officer, UNFPA, acknowledged that managing GBV cases remained a challenge, adding that training provides a strategy to bridge existing gaps.
Similarly, Maimuna Ibrahim, the Ministry’s Gender Desk Officer, disclosed that most cases recorded by the ministry involved sexual violence and the torture of minors.
Goodwill messages were delivered by representatives of the State Ministry of Women Affairs and Child Development, the State Office of the Sustainable Development Goals (SDGs), and the Journalists for Public Health and Development Initiative (J4PD).
-
News4 days ago
10 Things Candidates Should Know About Customs Recruitment CBT Exams
-
Business5 days ago
Falana Reveals Those Behind Subsidy Removal
-
News3 days ago
Air Peace Announces Recruitment For 1,000 Fresh Graduates [SEE How To APPLY]
-
Business5 days ago
Dangote Fuel Sells Cheaper In Togo Than In Nigeria – Falana Laments
-
Politics3 days ago
BREAKING: Tinubu Ends State Of Emergency In Rivers
-
Politics3 days ago
FULL TEXT: Tinubu Ends State Of Emergency In Rivers State
-
Entertainment5 days ago
Video: Davido Clarifies Viral Video Warri incident
-
News5 days ago
Tinubu Approves Portfolios For 5 NCDC Executive Directors
-
News4 days ago
OPINION: The Clappers They Want In Us
-
Entertainment5 days ago
Brazilian Jazz Legend, Hermeto Pascoal, Is Dead