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Today's Headlines: Banks Begin Payment Of Old N500; N1,000 Notes, FG Commits N291bn To 2023 Census

Banks begin payment of old N500, N1,000 notes.

Photo credit: Punchng

Following the Supreme Court judgment, which extended the validity of the Central Bank of Nigeria currency redesign policy to December 31, some banks across the country have started paying out the old N500 and N1,000 notes to customers.

Guaranty Trust Bank, Polaris Bank and some other banks were on Monday confirmed to be dispensing the old notes in Abuja and Kano.

A banker who spoke with Daily Trust was quoted as saying that the directive to begin paying the old notes in their vault was from their management.

She added, “The problem is that taking the old notes from customers will require the CBN form as we don’t have any directive in that regard.”

Meanwhile, CBN had not officially issued a bank-wide circular instructing the Deposit money bank to comply with the apex court judgment neither as the presidency reacted to the ruling.

FG commits N291bn to 2023 population, housing census.

Photo credit: Leadership News

The Federal Government (FG) on Monday said it has so far committed N291.5 billion to conduct the 2023 Population and Housing Census.

This was even as it stated that N243 billion will be needed for post-Census activities up to 2025. The Minister of State for Budget and Planning, Clem Agba made the disclosure at the High-Level Partners Engagement to Seek Support for the conduct of the 2023 population and housing census, held in Abuja.

He said the total requirement for the Census including post-Census activities is N869 billion, stressing that the exercise which was initially planned for 2022, was moved to after the elections this year.

While giving a breakdown, he said what is required for the Census is N626 billion, which is $1.36 billion which is about $6 per capita, slightly above the threshold of up to $5 per capita.

Zamfara killings: Nigerians must defeat merchants of death -Tinubu.

Photo credit: The Sun

President-elect, Bola Ahmed Tinubu, has urged Nigerians to come together to defeat merchants of death and terror once and for all and stop them from mindless killings and atrocities.

Tinubu made the appeal while condemning last weekend’s attacks in Maru Local Government of Zamfara State and Maigari town of Rimin Gado Local Government in Kano State by bandits and unknown assailants.

A Divisional Police Officer (DPO), a police Inspector, and a vigilante were reportedly killed in the bandits’ attack in Zamfara, while in the Kano attack, unknown gunmen broke into the residence of a village head and shot him dead.

The former Lagos State governor, in a statement by his media office yesterday, noted that the attack on Maru town after a period of relative peace in Zamfara State was a reminder that more needed to be done to completely defeat bandits and terrorists.

Soludo denies plot to assassinate Peter Obi after Nigeria election.

Photo credit: Daillypost

Anambra State Governor Charles Soludo has countered the allegation linking him to a plot on the life of Peter Obi.

The businessman and former Anambra governor is the presidential candidate of the Labour Party, LP.

A viral message on social media alleged the one time Central Bank of Nigeria Governor had been contracted to eliminate Obi. The information said a helicopter entered Awka by 1:30am and took Soludo to a secret meeting at the Imo Government House in Owerri.

“The agenda is Obi and how to stop him physically, politically and otherwise. Soludo was given $5million and Soludo promised to eliminate Peter Obi..” it claimed.

Photo credit: Google

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