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Ilorin, Ogun residents protest over naira, fuel scarcity

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SOME residents of Ilorin, Kwara State capital, on Wednesday, February 15 staged a protest over the scarcity of naira notes and premium motor spirit (pms) otherwise known as fuel.

The protest led to the shutdown of roadside businesses.

The protesters also blocked major roads in the city with bonfires, leaving motorists and passengers stranded.

The protest affected several parts of Ilorin, including Okolowo, Ogidi, Gambari, Sango, Surulere.

Speaking during the demonstration, one of the protesters, Abdumumin said the residents decided to protest when they couldn’t bear the pressure again.

Abdulmumin who is also a vulcanizer, expressed concerns that the naira redesign policy introduced by the Central Bank of Nigeria (CBN) had affected his business as cars are not moving on the road.

“The protest is to show how angry we are. Cars haven’t been passing on the road and that makes it hard for my own business to prosper. 

“Helps us beg the government because we are hungry. We don’t see new naira money. The old ones we have are no more accepted and that’s affecting me personally,” Abdumumin said.

Another resident who simply gave his name as Ibrahim disclosed to The ICIR that they decided to embark on the protest when they discovered that old naira notes are no longer accepted.

“This morning, information circulated that people are not accepting old naira notes again. Our expectation is that the governor should come out and address the situation the way some other state governors did. We learnt that there are governors who have instructed that the old notes should be accepted by the banks and that any bank who refused to accept it would be closed.

“There’s also the issue of fuel scarcity too. There is a lot of pressure because the filling stations have refused to sell fuel and that is why people are protesting.”

However, the state governor Abdulrahman Abdulrazaq, in a statement by his Chief Press Secretary (CPS), Rafiu Ajakaye, urged the people to remain calm.

“I testify to the inconvenience this development has brought. We are in this together, and we are not missing any opportunity to work with the CBN and the Federal Government to bring ease to the people within reasonable time. I admit it has been tough, and we do not take your patience for granted,” parts of the statement said.

In Ogun, some major roads were barricaded by aggrieved residents who are protesting against the scarcity of naira notes and fuel.

The protest also affected commercial activities as citizens made bonfires on the road.

On Tuesday, February 14, the protesters barricaded the Joju junction along the Idiroko-Ota road, causing heavy traffic gridlock.

Meanwhile Ogun State governor Dapo Abiodun faulted the commercial banks for refusing to accept old notes while failing to make new naira notes available.

In a post on his Twitter account, the governor threatened to shut down banks that refuse to accept old naira notes.

“We will shut down any commercial bank operating in Ogun State that refuses to accept old naira notes,” the governor vowed.

 

Fake EFCC chairman arrested in Abuja hotel

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THE Economic and Financial Crimes Commission (EFCC) on Tuesday, February 14, arrested a fraudster, Salman Umar Hudu, 38, an indigene of Kano State.

He was arrested at a hotel in Abuja for falsely presenting himself as the EFCC chairman, Abdulrasheed Bawa, and other officers of the Commission.


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The anti-graft agency said Hudu allegedly obtained N100,000 from a person he convinced that he could ‘handle’ any matter with the Commission.

This was disclosed in a statement posted on the Commission’s website.

The EFCC said the suspect has provided useful information and will be charged to court upon the conclusion of investigations into his activities.

In another development, Justice S. M. Shuiabu of the Federal High Court, Benin City, Edo State, on Tuesday, February 14, granted bail to 87-Year-old Chief Nosakhare Osadolor Odomore and Obazee Henry.

Odomore and Obazee were arraigned on February 6, 2023, by the Benin Zonal Command of the EFCC on a two-count charge of altering and forgery.

The EFCC, in a statement, said the duo were accused of working together to counterfeit land titles to make the property appear legitimate.

Supreme Court adjourns suit on naira redesign policy to Feb 22

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THE Supreme Court has adjourned the suit challenging the naira redesign policy of the Central Bank of Nigeria (CBN) to Wednesday, February 22.

The apex court fixed the date at a sitting on Wednesday, February 15.

The court also held that it was in order to hear the consolidated lawsuits filed by 10 states against the policy.

The governors of Kogi and Kaduna states, Yahaya Bello and Nasir El Rufai, respectively, were in court during Wednesday’s proceedings.

Speaking to journalists after the court session, Kogi state governor Bello said the governors were in court because Nigerians are suffering because of the CBN policy.

He said he believes the Supreme Court’s earlier ruling still exists until the postponed date.

The ICIR reported that the Supreme Court, on February 8, stopped the plan by the Federal Government to ban the use of the old naira notes from February 10.

A seven-member panel of Justices of the apex court led by Justice John Okoro ordered the suspension of the plan while ruling on an exparte motion filed by the Kaduna, Kogi and Zamfara state governments.

The ICIR reported that three All Progressives Congress (APC) governors dragged the Federal Government before the Supreme Court to halt the full implementation of the naira redesign policy introduced by the CBN.

The governors of Kaduna, El Rufai, Kogi, Bello, and Zamfara, Bello Matawalle, who filed the suit, expressed concern about the impact of the CBN policy on citizens of their states.

Other states like Ekiti, Ondo and Kano have applied to join the suit.

The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, the only defendant in the lawsuit, had in a counter motion asked the Supreme Court to dismiss the suit filed by the state governments.

Mahmood Magaji, the lawyer representing the AGF, filed the government’s objection to the suit.

In the Notice of Preliminary Objection dated February 8, the Federal Government claimed that the Supreme Court lacked the necessary jurisdiction to entertain the suit in the first place.

The AGF argued that the plaintiffs should have commenced the suit before a Federal High Court and not at the Supreme Court.

He also stated that the Federal Government would take steps to vacate the order when the court resumes using the instrumentality of the law.

The CBN had earlier fixed February 10 for the expiration of the older version of the N200, N500 and N1,000 banknotes.

Maynard Institute, Fox Corporation seek applications for journalism fellowship

THE Maynard Institute, in partnership with Fox Corporation, is inviting applications to its Maynard 200 Journalism Fellowship.

The program supports the next generation of storytellers, leaders, frontline editors, and entrepreneurs of diverse backgrounds by providing relevant training courses, resources, and mentorship by distinguished media professionals and experts.

Participants will attend in-person workshops in Forth Worth, Texas, from June 26, 2023, to June 30, 2023, and October 23, 2023, to October 26, 2023, followed by yearlong mentorship, supplementary courses, and virtual meetings.

Hotel accommodations for fellows will be paid for by the Maynard Institute. Fellows will be reimbursed up to US$500 for their airfare and ground transportation.

Journalists of color can apply for this program.

Applicants living outside the United States need to be affiliated with a U.S.- based media outlet or organisation.

The deadline for submission of applications is March 31, 2023. Interested applicants can apply here.

Buhari begs UAE to review visa ban on Nigerians

PRESIDENT Muhammadu Buhari has urged the United Arab Emirates (UAE) to resume flights to Nigeria and lift the visa ban imposed on Nigerians.

Since July 2021, the UAE’s Ministry of Labour (MOL) had barred Nigerians from applying for work permits in the country. The UAE also placed visa restrictions on them after a criminal profiling.


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According to a statement issued by the Senior Special Assistant on Media and Publicity to the President, Garba Shehu, the Nigerian leader made the appeal in a telephone conversation with the UAE President Mohamed bin Zayed Al Nahyan, while commiserating with him over the death of his mother-in-law, Maryam Al Falasi.

“The President requested his UAE counterpart to review the blanket visa ban imposed on Nigerians intending to travel to the UAE, recalling that mutually beneficial excellent relations have subsisted between the two nations over many years, symbolized by robust economic interactions and regular consultations on matters of common interest, including engagements at the highest political levels,” the statement said.

It added that Buhari noted that recent irritants in bilateral relations were generated by consular issues relating to the behaviour of some Nigerians in the UAE and had promised to apply necessary sanctions through appropriate judicial processes against anyone identified to have committed criminal acts in the UAE.

Flight operations by the Emirates Airlines to and from Nigeria had been suspended since October 29 2022, due to the airline’s inability to access its blocked funds in Nigeria.

Afenifere urges Buhari to resist non-democratic change of govt

AFENIFERE, a pan-Yoruba socio-political organisation, has called on President Muhammadu Buhari to resist any attempt to change government through non-democratic means in Nigeria.

The group made the call in a statement issued by its National Publicity Secretary, Jare Ajayi, on Wednesday, February 15.

Afenifere expressed concern over recent allegations made by Kaduna State governor, Nasir El-Rufai, claiming that some elements within the presidency were scheming to install an interim government on Nigerians by contriving an atmosphere that would make free and fair elections impossible.

During his interview on Arise TV, the governor had stated that the lingering fuel and naira scarcity were being used to frustrate the conduct of the elections because their preferred candidate was not in the race.

He also reiterated this position in an interview with Premium Times on February 13, 2023.

Reacting to the development, Afenifere tasked the President to resist any temptation or pressure to foist on Nigeria any form of change of government that is not a product of democratic practice.

The association stressed that any change of government must come through democratic means as enshrined in Nigeria’s constitution.

The statement further noted that the call was made because of the sacrifices many Nigerians, including Afenifere, had made to ensure civil rule in the country.

It also acknowledged Nigeria’s progress with 24 years of civil rule and six transitions between civilian administrations since 1999.

Afenifere reiterated that anything that could prompt the change of government through any other means was unacceptable.

Nigeria has a long history of military coups and undemocratic government changes.

After years of military rule, Nigeria returned to democratic governance in 1999.

ICIR trains teachers, students on fact check tools

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THE International Center for Investigative Reporting (ICIR) has organised a capacity building seminar for staff and students of a secondary school in Abuja.

The event was held on Tuesday, February 14, 2023 at Government Secondary School Wuse zone 3, Abuja.

Present at the event was Mary Ajibola, representative of the Director, Federal Capital Territory Secondary Education Board (FCT SEB).

Teachers and students were taken a through step by step guide on how to combat false news, identify phishing websites and how to archive claims online.

The editor, FactCheckHub, Opeyemi Kehinde, who also headed the facilitators, explained what could be said to be misinformation, disinformation and malformation.

He also stressed the need to cross check sources cited in a report .

The seminar emphasized the need to identify false news circulated on various platforms and how to fact check using the tools available.

Facilitators include Shehu Olayinka, head social media unit, Olugbenga Adanikin, head, Investigation unit, and Nurudeen Akewushola, a fact checker with the FactCheckHub.

Teachers and students at the event expressed gratitude to the organisers as they revealed it was an eye opening seminar.

A teacher, Suleiman Isah, said, “I like the methodology that you are using. It is very interactive and very good. It is an outstanding programme.”

Some of the students who spoke, also noted that the seminar has taught them not to be purveyors of false news and the need to always check sources of information obtained on social media platforms.

The principal, Funmilayo Kayode, also thanked the team for organising the training as she advised students to take advantage of the opportunity.

A programmes officer at The ICIR, Alfred Akerele, in his closing remarks, thanked the FCT education board and management of the school for the platform.

Photo does not show Mamman Daura giving orders to Emefiele

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A popular columnist with The Nation newspaperSam Omatseye has tweeted a photo with a claim that it shows Nigeria’s President Muhammadu Buhari’s nephew, Mamman Daura, giving orders to the governor of Central Bank of Nigeria (CBN), Godwin Emefiele.

His tweet (now deleted) archived here read:

“Look at how the head of the said Cabal, Mamman Daura, is directing the Governor without a state, Emefiele, on what to do. These Aso rock folks are seriously working against BAT not to succeed Buhari. The same folks who have been using Buhari name in carrying out shady deal.”

CLAIM

Photo shows Mamman Daura giving orders to Emefiele.

THE FINDINGS

Checks by The FactCheckHub show that the claim is FALSE.

A Google reverse image search shows that the image has been online since 2015.

A screenshot of Sam Omatseye’s tweet before it was deleted.

According to a report by Sahara Reporters, the photo shows Nigeria’s Central Bank Governor, Godwin Emefiele with Ismaila Isa Funtua (now late) and former Nigeria’s Chief of Army staff, Abdulrahman Bello Dambazau, during President Buhari’s official visit to the United States in 2015.

Sam Omatseye I Photo Credit: The Nation

The photo shows Emefiele in a conversation with the late Funtua, a close associate of President Buhari and Second Republic minister, who was part of the president’s entourage during the visit.

Funtua was a Katsina-born newspaper publisher and industrialist who died in 2020. He was also a minister under the civilian administration of Shehu Shagari and a member of the 1994-1995 Constitutional Conference. He was also the Chairman of the popular construction company, Bulet International (Nigeria) Limited.

THE VERDICT

The claim by Sam Omatseye that the photo shows Mamman Daura giving orders to Godwin Emefiele is FALSE; the image shows  Emefiele with the late Ismaila Funtua having a conversation.

*This report was republished from the FactCheckHub, read the original here

CBN to sanction PoS operators over exorbitant charges

THE Central Bank of Nigeria (CBN) has threatened to prosecute point-of-sale (POS) operators who demand exorbitant charges on transactions.

The CBN governor, Godwin Emefiele, issued the threat today at a meeting with members of the diplomatic corps.

Emefiele, who admitted challenges in the implementation of the naira redesign policy that he introduced, said the PoS operators that would be prosecuted are those who charge above the stipulated amount.


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He said that while this is truly a challenging time for Nigerians, things should not be exaggerated, especially by people in authority to create panic.

The ICIR had reported how point-of-sale operators had resorted to increasing their commission on transactions.

The ICIR investigations today revealed that as most Nigerians scramble in a last-ditch effort to obtain the new notes, PoS merchants who have them have been making brisk business overcharging their customers.

For a cash withdrawal of N5,000 that normally attracted a N100 commission, most PoS merchants have been charging N1,000, just as they have upped the normal commission of N200 on a N10,000 withdrawal to N2000.

“We are still not getting enough of the new notes from the banks. Even getting these new notes is a business secret now.That is why I have to increase my cost of transaction. I don’t even know how soon I will get new ones when I run out of these,” a PoS merchant, Yusuf Abdulraman, told The ICIR.

Many Nigerians are in a fix, with most businesses dragged down as a result of the currency redesign policy that officially commenced in December 15, 2022.

The implementation of the policy has been marred by slow-paced circulation of the redesigned currency, with the economy and businesses thrown into a spin as the CBN does somersaults on acceptance and rejection of the old notes.

Naira Redesign: Buhari has limited knowledge of economics – Shehu Sani

A FORMER senator representing Kaduna central, Shehu Sani, has said President Muhammadu Buhari has limited knowledge of economics to implement the naira policy.

Speaking on Tuesday, February 14 on Arise TV, Sani said the naira redesign policy of the Buhari administration had brought more suffering and hardship to Nigerians.

He said that the policy lacked consultation with the legislative arm and various developmental civil society groups.


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The senator said, “What is wrong in this policy is that there should have been wide consultation. It’s not simply about the CBN governor going to the president to get his approval over an issue that I believe that the president of the country has limited knowledge of, because he is not an economist.

“I expected that before such a decision was made, there would have been wide consultation with the national assembly and also the civil societies. By doing that, you are carrying the whole country along and then ideas will be crystalised and problems that may arise will be predicted and they can be solved.

“All we have known was that the governor of the central bank has made it very clear that all he needed was the approval of Mr President, and he got that, and now everyone is paying the price.”

Sani expressed displeasure with difficulties he said Nigerians are experiencing in their adoption of a cashless system and internet banking that the CBN is insisting on.

He said, “They will tell you today cash is not available. But if you have to use the cashless system, sometimes the alert doesn’t come in time and as such, the whole transaction in the country has become a problem.”

He said the policy has forced border communities to start using foreign currencies in trade, commerce and investment.

He said, “Even our communities in the border areas are now using currencies like the cefa from other countries. As we have heard, people in rural areas have resorted to trade by barter. So, we have gotten ourselves into an economic turbulence that is man-made but could have been avoided.

“How can people that have paraded themselves as experienced in managing finance, banks, and whatever get us into this kind of situation?”

Sani, however, believed that the policy would reduce the incidence of vote-buying in the forthcoming general elections.

“Well, to be fair, if this redesigning of the naira and the cashless policy is about combating or containing vote-buying, that is a very good initiative. But the fallout or the consequences of it on the other side is that people are suffering, and you don’t know which of the notes to accept,” he said.