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Oil Marketers Reject Old Naira Notes Despite CBN Directive

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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.

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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.”

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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.

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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

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“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.

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Hunters Rescue Baby Buried Alive In Benue

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Photo: file copy

Some hunters have found a baby reportedly buried alive in Buruku Local Government Area of Benue State.

The incident, according to a resident of the local government who simply identified himself as Terna happened in the Ashav Kusuv community.

Terna said that hunters found her and brought her alive from the forest where she was buried alive.

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Some hunters on Saturday found a baby girl and said that they found her buried alive in a forest. The baby is currently being taken care of at Ashav Kusuv community,” he said.

READ ALSO: Edo: Man Arrested For Posting Obscene Photos Of 4-year-old Daughter Online

Chairman of the local government, Iorkyaan Agber who spoke to our correspondent on the phone on Sunday confirmed the report and stated that the baby was found in a forest by some hunters.

“Some hunters indeed found a baby in the forest but we are investigating to know who went and dropped a baby in the forest and the reason for doing that,” he said.

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Efforts to get the reaction of the Benue Police Spokesperson, Catherine Anene, were not successful as her phone rang out.

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Edo: Man Arrested For Posting Obscene Photos Of 4-year-old Daughter Online

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The Edo State Police Command has arrested a father who uses his 4-year-old daughter for adult contents.

This follows an alert from Nigerians on social media who drew the attention of relevant authorities to the obscene photos of the minor posted on an Instagram account handled by the suspect.

Some of the photos include those of the minor in suggestive poses and thongs.

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Others photos were taken at hotels in the company of her father and grown men.

READ ALSO: U.S. Man Who Received First-ever Modified Pig Kidney Transplant Dies

The father also posted a flyer with a photo of the minor naked except for an underwear, announcing her birthday party scheduled to hold on May 28, 2024, at Spring Leaders Montessori School in Auchi.

Social media users feared that the minor is a victim of sexual exploitation and called on the police to immediately arrest the men, including the photographer who took the birthday photos.

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Reacting to the photos and subsequent outcry by Nigerians in a statement, Nigeria Police Force, Public Relations Officer, ACP Olumuyiwa Adejobi, said investigation revealed that the father of the girl was involved and was consequently arrested.

His statement reads in part: “The Nigeria Police Force acknowledges the public outcry in response to disturbing images and videos involving a 4-year-old child with the Instagram handle @officialsarah_ig, circulating on social media.

READ ALSO: Why We Took Over Rivers Assembly Quarters – Police

“The content portrays the young child in inappropriate poses, akin to adult contents. The Force expresses profound shock and grave concern over the apparent exploitation of this vulnerable child and unequivocally condemns such actions in the strongest terms possible.

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“Prima facie investigations indicate the involvement of the child’s father, who has been apprehended by the Police at the Auchi Divisional Police Headquarters, Edo State Police Command.

“Every necessary measure is being implemented to ensure that justice is swiftly served. As the investigation unfolds, it is imperative to establish proactive measures to guide and counsel parents, preventing the proliferation of such anomalies in our society.

“In light of the above, the Force emphasizes the importance of implementing support systems for parents and guardians to protect the safety and well-being of their children.

READ ALSO: Less Than 48hr Of Opening GoFundMe Campaign, Dancer Korra Obidi Gets Almost $50k In Donations

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“It is crucial for caregivers to also prioritize the security of minors and seek assistance or guidance when required.

“The Nigeria Police Force remains steadfast in its commitment to safeguarding children and upholding the law.”

Also reacting to the disturbing posts, the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) urged the public to desist from further sharing photos of the child.

This is Child Sexual Abuse Material (CSCAM) which is a crime. We are working on contacting Meta to bring down the accounts while we track the offenders,” the agency stated.

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“We urge the public to desist from further sharing unsanitised pictures of this child; you are adding to the distribution of SCAM which is also a crime.”

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PHOTOS/VIDEO: Prince Harry, Meghan Visit Sanwo-Olu

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The Duke and Duchess of Sussex, Prince Harry and Meghan Markle arrived at the Lagos House Marina, on a courtesy visit to the Governor of Lagos State, Babajide Sanwo-Olu on Sunday.

The couple were received by Sanwo-Olu and his wife, Dr. Ibijoke Sanwo-Olu and others at the State House, Marina.

This Visit is mainly to promote the Invictus Games, founded in 2014 by Prince Harry.

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READ ALSO: Duchess Of Sussex Gets Nigerian Name, Excited About Her Heritage

The Invictus Games is aimed at helping currently serving members of the Military as well as veterans in overcoming their physical or mental health illness or injury, which eventually helps them develop a sense of belonging and increased self-esteem.

The British Royal couple arrived in Lagos on Sunday in what is the last lap of their three-day visit to Nigeria.

The couple, who have been in the country since Friday, have earlier attended several events in Abuja and Kaduna.

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Addressing the press while welcoming the couple at the State House, Marina, Sanwo-Olu hailed Prince Harry and Meghan for the work they are doing with Nigeria’s military men, especially on issues around mental health.

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