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Showing posts from February, 2023

Naira: How CBN, Emefiele ‘deceived’ Buhari – El Rufai opens up

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Naira: How CBN, Emefiele ‘deceived’ Buhari – El Rufai opens up The Governor of Kaduna State, Nasir El-Rufai, has said that the Central Bank of Nigeria (CBN) deceived President Muhammadu Buhari into believing that the Naira redesign policy is to ensure free and fair elections in 2023. POLITICS NIGERIA reports that El Rufai who said this during a state-wide broadcast on Thursday night, also insisted that the Naira redesign is a plot to scuttle the forthcoming elections and install an interim government. Describing the initiative as “mindless”, El-Rufai said it has caused untold hardship for the ordinary people, who he said are victims of the policy. He also criticised the CBN governor, Godwin Emefiele. “In official briefings to the President, the Central Bank of Nigeria constantly alluded to the fact that the policy also targets politicians who have accumulated a huge war chest for vote-buying during the elections. “It is now clear that the President has been deceived by the Central Bank...

Naira Notes Swap: I Would’ve Signed Warrant For Emefiele’s Arrest – Gbajabiamila Expresses Regret

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Naira Notes Swap: I Would’ve Signed Warrant For Emefiele’s Arrest – Gbajabiamila Expresses Regret He said the House would continue to monitor the CBN’s implementation of the policy closely after the Green Chamber’s meeting with Emefiele on the issue. The Speaker of the House of Representatives, Femi Gbajabiamila says he regrets not issuing a warrant of arrest for the arrest of the Central Bank of Nigeria (CBN) governor, Godwin Emefiele. He spoke on Sunday. Gbajabiamila also said that the House would have no option but to reconvene before this month’s general elections if the CBN failed to address the hardships Nigerians face because of the currency swap policy. He said the House would continue to monitor the CBN’s implementation of the policy closely after the Green Chamber’s meeting with Emefiele on the issue. Speaking during a town hall meeting with some ethnic groups in Surulere, Lagos, Gbajabiamila said, “The House of Representatives intervened on several occasions. We ...

Tinubu hails Nigerian Governors over Supreme Court ruling on CBN Naira Swap policy

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Tinubu hails Nigerian Governors over Supreme Court ruling on CBN Naira Swap policy  All Progressives Congress Presidential Candidate, Asiwaju Bola Ahmed Tinubu has hailed the Governors of the 36 states for standing on the side of the Nigerian people over the Central Bank new Naira and cashless policies that have subjected the masses to pains. According to Asiwaju Tinubu, the Governors especially the APC Governors who instituted the suit against the CBN and Federal Government at the Supreme Court acted well on behalf of the hapless Nigerians who have been made to bear the brunt of Naira redesign policy that has been poorly implemented The Supreme Court on Wednesday morning in a law suit brought before it by the governments of Zamfara, Kogi and Kaduna States gave an interim injunction against the CBN and Federal Government,  allowing the old N200, N500 and N1000 to remain legal tender beyond February 10 deadline until the case is fully disposed. Following  the a...

Naira scarcity protest: Abiodun call for peace, meets traditional rulers

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Naira scarcity protest:  Abiodun call for peace, meets traditional rulers ...says civil disobedience will worsen situation  Following the protests that rocked Abeokuta, the Ogun State capital, over cash crunch, on Tuesday, the state governor, Dapo Abiodun, has called on the protesters to stop their protests and allow the outcome  of his engagement with the Bankers Forum and the Central Bank to yield fruits. Gov. Abiodun who made this known during the Statutory meeting of the council of Obas, held at the Oba's complex, Oke-Mosan, Abeokuta, noted that the Central Bank of Nigeria is doing its best to arrest the situation.  The governor said the matter was being discussed at the highest level with both President Muhammadu Buhari and the CBN governor, Godwin Emefiele, in the quest to resolve the crisis. The governor recalled that All Progressives Congress governors had met with President Muhammadu Buhari, pleading that the old naira notes should be allowed to ...

Peter Obi: Tinubu Has Ordered FFK, Keyamo And Adamu To Release A Video Called ‘Killer Punch’ – Obi-Datti PCC

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Peter Obi: Tinubu Has Ordered FFK, Keyamo And Adamu To Release A Video Called ‘Killer Punch’ – Obi-Datti PCC The  Obi-Datti Presidential Campaign Council (PCC)  has said that there is a ploy by the media aides of the All Progressive Congress (APC) presidential candidate, Bola Ahmed Tinubu to carry out a smear campaign called the ‘Killer Punch’ on the person of the presidential candidate of the Labour Party (LP), Peter Obi. According to the PCC, the APC campaign council has resorted to character assassination after realizing they may not have a chance in the upcoming presidential election. The campaign council claimed that Femi Fani-Kayode, Festus Keyamo, and Adamu Garba are behind the smear campaign. According to a statement signed by the PCC’s Head of Media, Diran Onifade, the trio is set to release a video dubbed the ‘Killer Punch’. The statement reads; Having failed in all their plans to win the February 25 election, and seeing their campaign dera...

Press Statement "CBN Gov Fighting Back for Losing Presidential Bid," Says Gov Ganduje

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Press Statement  "CBN Gov Fighting Back for Losing Presidential Bid," Says Gov Ganduje       - As Kano sets to summon Bank managers               - To distribute palliatives in 44 LGs Governor Abdullahi Umar Ganduje of Kano state challenges that the untimely implementation of Naira swap policy, was deliberately done by the governor of the Central Bank of Nigeria (CBN) Godwin Emeifiele, as fighting back strategy for failing to get presidential ticket under the ruling All Progressives Congress (APC). He posed the challenge during electioneering campaign rally, held at Tsanyawa, Sunday, where he presented gubernatorial and deputy gubernatorial candidates,  alongside senatorial candidate and other candidates. Governor emphasized that, "The CBN Governor is only doing this to cause confusion in the forthcoming elections for not just reason. He has not been in good mood for long, because he failed to secure Presi...

The CABAL had impersonated the President for long

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The CABAL had impersonated the President for long In 2015, they wrote a letter on behalf of the President to the NASS that the President wanted yo meet APC Lawmakers at the Conference Centre, the President wasn't aware. They made a way for Saraki Senate Presidency which almost ruined Buhari’s first term. They don't care about Buhari, they just want his influence to perpetuate their desires. Till tomorrow, no security agent is bold enough to reveal the identities of those who forged a letter that led to the PDP taking over NASS. They committed many other atrocities which are not unknown to many within the government circles. They did all they could to damage the relationship between Tinubu and Buhari but the two men used maturity to overcome, besides, Tinubu wasn't looking for undue favor from the government, he's a politician who respects himself and has tremendous ability to conquer his greed. But when APC was preparing for its primary, the CABAL struck aga...

Pandora Papers: Investigation Reveals How Ex-Nigerian Governor, Peter Obi Repeatedly Broke The Law Amid Many Secret Businesses

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Pandora Papers: Investigation Reveals How Ex-Nigerian Governor, Peter Obi Repeatedly Broke The Law Amid Many Secret Businesses  businesses Obi transacted with the entities but in some communications, they were sometimes referred to as investment vehicles. An investigation into the secret businesses of a former governor of Anambra State, Peter Obi has revealed that he broke the law several times. This is despite his standing as an advocate of good governance, openness, and transparency. Obi talks highly about his governance records and statistics-laden prescriptions for Nigeria’s development, and how hugely successful he became in business before diving into politics. However, beyond the encomiums, an investigation by Premium Times has revealed that Obi is not entirely transparent in his affairs as he likes Nigerians to believe. The investigation is part of the global International Consortium of Investigative Journalists (ICIJ)-led Pandora Papers project. The investigation reveals t...

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