CBN Finally Approves Public Use Of Old N500, N1000 Notes
The Central Bank of Nigeria (CBN) has approved the circulation of old N500 and N1000 notes. The apex bank confirmed this in a statement issued on Monday night.
Source: Daily Trust
In the statement issued by Isa Abdulmumin, CBN spokesperson, the apex bank directed commercial banks to start issuing and accepting old notes.
“In compliance with the established tradition of obedience to court orders and sustenance of the Rule of Law Principle that characterized the government of President Muhammadu Buhari, and by extension, the operations of the Central Bank of Nigeria (CBN), as a regulator, Deposit Money Banks operating in Nigeria have been directed to comply with the Supreme Court ruling of March 3, 2023.”
“Accordingly, the CBN met with the Bankers’ Committee and has directed that the old N200, N500, and N1000 banknotes remain legal tender alongside the redesigned banknotes till December 31, 2023. Consequently, all concerned are directed to conform accordingly.”
I won Rivers – Peter Obi
The candidate of the Labour Party in the just concluded presidential election, Peter Obi has claimed that he won the election in Rivers State.
Source: Daily Post Nigeria
Peter Obi who spoke while featuring on Arise TV on Monday claimed that the Rivers State governor, Nyesom Wike worked against him during the election. According to the former Anambra governor, the Labour Party got over 50 percent of the total votes cast in the state.
He dismissed the insinuation that only Igbos voted for him, asking: “Are the Igbo in Nasarawa, are the Igbo in Plateau, are the Igbo in Abuja?” He said: “In Rivers, where you know that the governor came out against me and everything; if the real votes of Rivers were counted, I won. I had over 50-something percent of the vote. The other two parties were sharing the others.”
I have no preferred candidates for Senate presidency, says Tinubu
The President-elect, Bola Tinubu, has revealed that he has no preferred candidates for the leadership of both chambers who will constitute the 10th National Assembly.
Source: Punch Newspapers
Tinubu, who was represented by the Vice President-Elect, Kashim Shettima, disclosed this at the meeting with new members-elect to the National Assembly. A member-elect for Bungudu/Maru Federal Constituency of Zamfara State, Abdulmalik Bungudu, revealed this to our correspondent shortly after the meeting.
Bungudu, who spoke in the Hausa language, revealed that Tinubu told attendees that he had no preferred candidates for any of the principal offices of the 10th NASS. According to him, “For now, he (Tinubu) said he doesn’t have anybody that he prefers to have as Senate President or Speaker, but consultations are going to continue to get the way out for the party and to also ensure the party emerges victorious in the forthcoming governorship and Houses of Assembly elections.”
You can’t unseat Uzodimma, Imo govt replies LP
The Imo State Government has described as laughable a statement credited to the state Chairman of the Labour Party, Festus Onyekwulisi, where he boasted that LP will sack the state governor, Hope Uzodimma, during the November 11 governorship election in the state.
Source: Punch Newspapers
The Special Adviser to the governor on Public Communications, Collins Ughalaa, in a statement in Owerri, advised LP to first put its house in order before thinking of how to unseat Uzodimma whom he described as “a performing governor.”
Ughalaa said that every resident of the state agreed that Uzodimma had done well and deserved reelection. The statement read, “As of yesterday, March 10, 2023, the supposed leaders of the Labour Party in Imo State were still fighting over the imposition of a caretaker committee. While those who think the imposition favors them insist it must stand, those who believe that imposition has no place in a constitutional democracy like ours say it must not stand. We are just watching from a distance.
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