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El-Rufai, Bello, Mattawale Drag Buhari’s Govt to Court over Naira Redesign, Scarcity

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The governments of Kaduna, Kogi, and Zamfara have petitioned the Federal government before the Supreme Court to halt the full implementation of the policy ending the validity of old N200, N500 and N1000 denominations on February 10, 2023

The three northern states, in a motion ex-parte filed on their behalf by their attorney, Abdul Hakeem Uthman Mustapha (SAN), are asking the supreme court to grant them an interim injunction to prevent the Federal Government from carrying out its plan to end the period within which the now-outdated 200, 500, and 1000 Naira denominations may no longer be legal tender on February 1.

The plaintiffs in the suit are the three Attorneys-General and Commissioners of Justice of the three states, while the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), is the sole respondent.

The plaintiffs claimed that since the new naira note policy was announced, there has been a severe shortage of new naira notes in Kaduna, Kogi, and Zamfara States and that citizens who have dutifully deposited their old naira notes are finding it harder and sometimes impossible to obtain new naira notes to conduct their daily business.

They also mentioned the notice’s inadequacy, how carelessly the exercise is being carried out and the hardship it is causing Nigerians, which has been well-acknowledged even by the Federal Government of Nigeria.

The plaintiffs added that the ten-day extension granted by the federal government is still insufficient to address the problems plaguing the policy.

Although a date for the hearing has not been set, the states are seeking a declaration that the demonetisation policy of the Federation being currently carried out by the Central Bank of Nigeria under the directive of the President of the Federal Republic of Nigeria is not in compliance with the extant provisions of the Constitution of the Federal Republic of Nigeria 1999 (as amended), the Central Bank of Nigeria Act, 2007, and actual laws on the subject.

According to TVC reports, the plaintiffs are also asking the court to make a declaration that the three-month notice given by the Federal Government of Nigeria through the Central Bank of Nigeria under the directive of the President of the Federal Republic of Nigeria, the expiration of which will render the old banknotes inadmissible as legal tender, is in gross violation of the provisions of Section 20(3) of the Central Bank of Nigeria Act 2007, which specifies that a reasonable notice be given before such a policy.

The plaintiffs also ask the court to declare that, in light of the explicit provisions of Section 20(3) of the Central Bank of Nigeria Act 2007, the Federal Government of Nigeria, acting through the Central Bank of Nigeria, lacks the authority to set a deadline for the acceptance and redemption of banknotes issued by the Bank, except for the circumstances specified in Section 22(1) of the CBN Act 2007. The Central Bank shall at all times redeem its bank notes.

The Plaintiffs further want the court to direct the immediate suspension of the demonetisation of the Federal Government of Nigeria through the Central Bank of Nigeria under the directive of the President of the Federal Republic of Nigeria until it complies with the relevant provisions of the law.

In an affidavit filed in support of the suit and sworn to by the Attorney General and Commissioner for Justice, Kaduna State, Aisha Dikko, she averred that although the naira redesign policy was introduced to encourage the cashless policy of the Federal government, it is not all transactions that can be conveniently carried out through electronic means.

She maintained that several transactions still require cash in exchange for goods and services hence the need for the Federal Government to have sufficient money available in circulation for the smooth running of the economy.

Dikko also pointed out that the Federal Government has embarked on the policy within a narrow and unworkable time frame, and this has adversely affected Nigerian citizens within Kaduna, Kogi and Zamfara States as well as their Governments, especially as the newly redesigned naira notes are not available for use by the people as well as the State Governments.

“That the majority of the indigenes of the Plaintiffs’ states who reside in the rural areas have been unable to exchange or deposit their old naira notes as there are no banks in the rural areas where the majority of the population of the states reside.

“Most people in rural areas of the Plaintiffs’ states do not have bank accounts and have so far been unable to deposit their life savings which are still in the old naira notes.

“There is restiveness amongst the people in the various states because of the hardship being suffered by the people, and the situation will sooner than later degenerate into the breakdown of law and order.

“The Plaintiff State Governments cannot stand by as they are duty-bound to protect citizens in their states and prevent the breakdown of law and order.

“I know that if the Federal Government of Nigeria had given sufficient and reasonable time for the naira redesign policy, all the current hardship and loss being experienced by the Plaintiffs’ State Governments as well as people in the various states would have been avoided.

“I know that the 10-day extension by the Federal Government is still insufficient to address the challenges bedevilling the policy. I also understand that the Federal Government cannot bar Nigerians from redeeming their old naira notes at any time, even though the senior notes are no longer legal tender.

“Unless this Honourable Court intervenes, the Government and people of Kaduna, Kogi and Zamfara State will continue to go through a lot of hardship and would ultimately suffer great loss as a result of the insufficient and unreasonable time within which the Federal Government is embarking on the ongoing currency redesign policy,” she stated.

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Tinubu Orders Arrest, Suspension of Three Perm Secs As ICPC Uncovers Another Fake Govt Agency

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President Bola Tinubu on Friday ordered the immediate arrest and suspension of three federal Permanent Secretaries over their alleged involvement in the operation of another fake agency uncovered by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

ICPC Chairman, Dr Musa Adamu Aliyu, who disclosed this to newsmen after briefing President Tinubu on the latest findings from the commission’s ongoing investigation into fictitious agencies and weaknesses in public sector processes named the affected Permanent Secretaries to include M S Danjuma, Engr Nadungu Gagare, and Richard Pheelangwah.

The Commision’s latest discovery is coming barely few weeks after exposing the fictitious Presidential Foreign Intervention Promotion Council (PFIPC).

According to Aliyu, the newly uncovered entity, operating as National Brands Development and Made-in-Nigeria Special Project Office, had allegedly secured office accommodation within the premises of the Office of the Secretary to the Government of the Federation (OSGF) without authorisation from the President.

The discovery, he said, was made during the broader investigation into the PFIPC, which President Tinubu had directed the ICPC to undertake.

The fake agency, according to ICPC boss, was promoted by Prince George Buchi Nwabueze, who allegedly operated under several variations of his name, including George Nathan Nwabueze, Honourable George Buchi Nwabueze, Prince George Buchi Nwabueze and George Buchi Nwabueze.

Aliyu disclosed that the commission was engaging relevant officials in the Office of the Secretary to the Government of the Federation to establish how the purported agency came to operate from government premises and to obtain other vital information required for the investigation.
“I have briefed Mr President comprehensively on these new developments. ICPC will continue with its investigation,” he said.

Following the fresh findings, Aliyu said President Tinubu had directed the immediate arrest of Prince George Buchi Nwabueze, as well as the immediate suspension of the three named permanent secretaries.

The commission is expected to establish the roles played by the suspended officials and other individuals in the emergence and operation of the purported agency.

Aliyu said the latest discovery underscored the need for tighter controls and greater scrutiny of government institutions and internal administrative processes.

He commended President Tinubu for ordering a wider policy audit of federal agencies and government processes, describing the initiative as a proactive measure to strengthen the governance system.

His said: “President Bola Tinubu must be commended for the proactive step of directing the policy audit of MDAs and internal government processes towards strengthening government governance system.”

The latest development has widened the scope of the ICPC’s investigation into the proliferation of fictitious government entities and alleged exploitation of official structures by individuals seeking to create the impression of government authority.
The commission’s investigation into the PFIPC was initiated after the purported agency came under scrutiny, with the President subsequently directing the ICPC to unravel those behind its operations and determine whether public officials facilitated its activities.

With the discovery of another purported agency operating from government premises, the ICPC probe is now expected to examine broader institutional weaknesses that may have enabled unauthorised entities to gain access to federal government facilities and present themselves as legitimate government bodies.

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2027: Atiku Promises to Restore Fuel Subsidy If Elected President

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The African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has promised to restore the petrol subsidy if he wins the 2027 presidential election.

Atiku made the pledge during an interview on Wednesday while questioning the use of funds he said were saved following the removal of the subsidy.

He said the policy could have been beneficial to Nigerians if the savings had been properly accounted for and invested in areas such as poverty reduction and education.

“I did not oppose the removal of the oil subsidy, but where is the money? Where did it go? It was intended to reduce poverty and help children attend school. Where is the money now? It seems they are just stealing it,” Atiku said in Hausa.

“If elected, I will bring back the oil subsidy, and whoever stole the money must refund it.”

The former vice president said he would also consider the removal of the subsidy if the funds generated from the policy were transparently used to address the country’s development challenges.

“The government successfully removed the subsidy, but we do not know where the money went. If they had used the money for development, to solve security problems, for education, and to create opportunities for the youth, it would be different. If elected, I can remove the subsidy and use the money to do all these properly.”

President Bola Tinubu announced the removal of the petrol subsidy during his inaugural address on May 29, 2023, before assuming office.

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I’m Not Afraid of Anybody, Cardinal Onaiyekan Replies Presidency

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The Catholic Archbishop Emeritus of Abuja, Cardinal John Onaiyekan, has fired back at the Presidency over its criticism of his public account of a meeting between Catholic bishops and President Bola Tinubu, declaring that he did not appear on national television to please the government and was not afraid of anyone.

The 82-year-old cleric said he appeared on Arise News to tell Nigerians what he believed was the truth about the issues discussed during the bishops’ engagement with the President, insisting that neither his age nor criticism from government officials would silence him.

Onaiyekan spoke in a video shared by Symfoni TV on Wednesday, weeks after the Presidency criticised his decision to publicly disclose aspects of the meeting between the Catholic Bishops’ Conference of Nigeria (CBCN) and Tinubu.

“I didn’t go to Arise to please the government, or to just please people, but to tell the truth. That’s all I stand for,” Onaiyekan said.

He also dismissed attacks against him on social media, saying he had no reason to engage those criticising him because other Nigerians had already responded on his behalf.

“I don’t have to respond to those attacking me on social media because other Nigerians have spoken on my behalf,” he said.

The cleric went further, declaring that he was not concerned about the possibility of being embarrassed or intimidated because of his advanced age.

“I cannot be embarrassed. I’m 82 years old; nobody can embarrass me. And I’m not afraid of anybody. Nobody, at this stage now, are they going to arrest me, carry me to where?” he declared.

Senior Special Assistant to President Bola Tinubu on Media and Publicity, Temitope Ajayi, who said his criticism of Cardinal John Onaiyekan was not intended to disrespect the cleric.

The controversy that followed a July 28 meeting between Tinubu and a delegation of the CBCN at the State House, Abuja.

The delegation was led by the CBCN President, Archbishop Matthew Man-Oso Ndagoso of Kaduna, and included Onaiyekan, Cardinal Peter Okpaleke, Bishop Matthew Kukah of Sokoto and other senior Catholic clerics.

During the meeting, the bishops raised a number of issues concerning the state of the nation, including economic hardship, insecurity, democracy, preparations for the 2027 elections, religious freedom and the return of mission schools.

Three days later, Onaiyekan appeared on Arise News and publicly recounted aspects of the engagement while speaking about the concerns expressed by the Catholic leadership over the condition of the country.

His comments subsequently attracted criticism from the Presidency. The President’s Senior Special Assistant on Media and Publicity, Temitope Ajayi, criticised the disclosure of details from the meeting, describing the engagement as a private interaction.

The Presidency’s reaction sparked a debate over the extent to which details of engagements between government and religious leaders should remain confidential, particularly when the discussions concern matters of public interest.

Onaiyekan, however, has maintained that his intervention was neither personal nor intended to embarrass the government. The cleric rejected any suggestion that he had presented a personal opinion during his television appearance.

According to him, the issues he discussed reflected the collective position of the Catholic bishops who participated in the engagement with the President.

“No, mind you, I didn’t talk on my own now. I spoke on behalf of my fellow bishops,” he said.

Onaiyekan disclosed that the bishops had prepared a joint statement containing the issues he subsequently discussed during the television interview.

“We drafted a statement which contained all that I said in the interview. So, all the bishops of Nigeria spoke that way. It was their voice I was echoing,” he stated.

Onaiyekan also emphasised that Catholic bishops remained entitled to speak within their respective dioceses about issues affecting Nigerians.

“I cannot speak on behalf of other religious leaders. Everybody has their own job to do, but many of the other religious leaders have supported us,” Onaiyekan said.

Onaiyekan also broadened his comments beyond the dispute with the Presidency, stressing that the economic difficulties confronting Nigerians could not be dismissed as a disagreement between the government and religious leaders.

He said the widespread poverty and suffering in the country affected everyone.

“When it comes to what is happening to Nigeria, the poverty, the suffering, we are all in the same boat now, abi?” he asked.

The cleric urged Nigerians not to take the country’s remaining space for public criticism and expression for granted.

“And we are still lucky in this Nigeria that we can still talk. We shouldn’t take that for granted. There are many countries in Africa where no bishop dares to talk like we do here,” he said

Meanwhile, Ajayi has sought to draw a line under the controversy, saying his earlier response to Onaiyekan was not intended to disrespect the Catholic cleric or the church.

Ajayi made the clarification during an interview on Arise TV on Thursday, days after criticising Onaiyekan for publicly discussing the details of the closed-door meeting between Tinubu and the CBCN.

The presidential aide said the matter had been resolved and insisted that there was no intention to disparage the respected cleric.

“Well, I think that episode has been closed. Cardinal Onaiyekan is a respected clergy and a statement in his own right,” Ajayi said.

He explained that his intervention was aimed at providing a different interpretation of the account given by the cardinal, rather than questioning his standing in the church or wider society.

“My response to him did not in any way disrespect him or disrespect his standing in the society and the church. He’s one of the leaders of the faith,” Ajayi said, adding that he only sought to offer another perspective on the account of the meeting between the bishops and the President.

“I only tried to provide a different perspective from his own account of the bishop’s encounter with the president, and I think that point has been made. And I think it’s not something we really want to dwell further on,” he said.

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