Legislature
Old naira notes: Senate urges CBN to softpedall, extend deadline
By Sam Obera
The Senate yesterday urged the Central Bank of Nigeria (CBN) to softpedal on its deadline for phasing out old Naira notes fixed for end of January but to extend to July 31, 2023.
The apex bank had, on December 15, commenced circulating newly redesigned N200, N500 and N1000 notes and set January 31, 2023 as deadline for the withdrawal of old notes.
However, many Nigerians have raised issues as the new Notes are not available in the banks that have continued to disburse old notes.
The Red Chamber had in December 2022 directed the CBN to extend the deadline but the resolution was shunned by the apex bank.
This has caused panic in many parts of the country as the deadline draws nearer, with thousands, especially those in rural areas storming banks to exchange the old notes with the new ones.
Senators, during debate on a motion by Sadiq Suleiman Umar (APC, Kwara) at Tuesday’s plenary, said the new notes were not enough in circulation, warning that if the deadline was not extended, there would be chaos in many parts of the country.
The lawmakers also expressed dismay that the CBN had insisted on the January 31 deadline despite huge public outcries.
The Senate, therefore, asked the CBN to extend the deadline by six months to allow Nigerians especially those in rural areas more time to change their old notes.
The Red Chamber also urged the CBN to compel deposit money banks to open a naira exchange windows for those without bank accounts.
Senate President Ahmad Lawan, assured that the National Assembly leadership would ensure that the resolution is implemented by the CBN.
Legislature
Newly Appointed Ministers Thank Senator Basheer Lado for Supportive Screening Process
Seven newly appointed ministers-designate have expressed their deep appreciation to Senator Basheer Lado, the Special Adviser to President Bola Tinubu on Senate Matters, for his instrumental role in ensuring a smooth Senate screening and confirmation process.
During a visit to Lado’s office, Ambassador Bianca Odumegwu-Ojukwu, the designated Minister of State for Foreign Affairs, spoke on behalf of her colleagues. She praised Lado’s guidance and support throughout the process, noting his efforts to make them comfortable at every stage.
“We can’t thank you enough for navigating us through this process and making everything feel manageable,” Odumegwu-Ojukwu remarked. She shared her initial anxiety, explaining how Lado’s personal touch—regular communication, detailed explanations, and readiness to help at any hour—helped them feel reassured and prepared.
The six other ministers-designate, who joined her in expressing gratitude, include Dr. Nentawe Yilwatda (Humanitarian Affairs and Poverty Reduction), Muhammadu Maigari Dingyadi (Labour and Employment), Dr. Jumoke Oduwole (Industry, Trade, and Development), Idi Muktar Maiha (Livestock Development), Rt. Hon. Yusuf Abdullahi Ata (Housing and Urban Development), and Dr. Suwaiba Said Ahmad (Minister of State for Education). Each expressed their thanks for Lado’s dedication to their success.
Odumegwu-Ojukwu conveyed the group’s appreciation, emphasizing Lado’s patience and availability: “Your commitment, your guidance, and even the late hours you kept to assist us—these made a significant impact on each of us. We are truly grateful for your support.”
Legislature
NASS Joint Committee moves to address security, energy concerns in tertiary institutions
In a significant move to tackle pressing issues within Nigeria’s tertiary education system, the Joint Committee of the Senate and House of Representatives on Tertiary Institutions has pledged to collaborate closely with stakeholders to combat critical challenges related to security and energy. This commitment was made during a two-day retreat dedicated to these urgent matters.
Deputy Senate President Barau Jibrin (Kano North) highlighted the importance of establishing secure environments for educational institutions. He affirmed the National Assembly’s resolve to address criminal activities on campuses and mitigate ongoing energy crises that threaten the educational landscape.
The retreat, organized by the Senate Committee on Tertiary Institutions in partnership with TETFund, convened key stakeholders from the education sector to brainstorm potential solutions.
Chairman of the Senate Committee, Senator Muntari Mohammed Dandutse (Katsina South), opened the proceedings by stressing the critical nature of the security and energy challenges faced by institutions. “These issues endanger not only the safety of our students and faculty but also jeopardize the fundamental mission of education,” he stated.
Dandutse pointed to the rising incidents of violence targeting educational establishments, which have instilled fear among parents, resulting in decreased student enrollment and declining academic performance. “When parents are anxious about their children’s safety, our quest for academic excellence falters, threatening the future of our nation,” he declared.
Rt. Hon. Aminu Bello Masari, Chairman of the Governing Board of TETFund and former Speaker of the House of Representatives, emphasized the retreat’s role in identifying sustainable solutions. He expressed confidence that the diverse expertise of the participants would yield meaningful recommendations to address these issues.
Hon. Miriam Odinaka Onuoha, Chair of the House of Representatives Committee on Tertiary Institutions, reassured participants of the National Assembly’s dedication to fostering a supportive environment for higher education in Nigeria.
Senator Adams Oshiomhole, a former governor of Edo State and a member of the Senate Committee on Tertiary Institutions, reiterated the essential role of tertiary education in national development. He called for a collaborative effort among all stakeholders to implement effective solutions to the challenges at hand.
As discussions unfold, there is a shared optimism that the retreat will produce actionable strategies aimed at improving security and energy supply within Nigeria’s tertiary institutions, ultimately ensuring a safer and more conducive learning environment for students across the country.
Legislature
Parent Seeks Senate’s Intervention Over Daughter’s Missing UTME Result, Alleges Supervisor Misconduct
A serious issue has arisen regarding the 2024 Unified Tertiary Matriculation Examination (UTME) as Mr. Onyebuchi Obioha has petitioned the Senate over the unexplained absence of his daughter Chizitere Audrey Obioha’s exam result. He claimed that the situation is linked to alleged misconduct by supervisor Mutiu Olayemi, appointed by the Joint Admissions and Matriculation Board (JAMB).
In a petition submitted to the Senate by Senator Neda Imasuen, Mr. Obioha accused Olayemi of providing his phone number to Chizitere, a 16-year-old candidate, after her examination on April 22, 2024, at Wisdom House CBT Center in Ogba, Lagos.
However, Olayemi has denied the claim, stating that he did not share his number with any candidate and is currently in Abuja to address the allegations.
Mr. Obioha expressed frustration over JAMB’s failure to release Chizitere’s results, noting that while over a million candidates received theirs, she was only informed of an “alleged examination infraction.” He urged JAMB to provide evidence of any wrongdoing.
The petition outlined Mr. Obioha’s attempts to seek clarity, including opening a ticket with JAMB on April 30, 2024, with little response. During an interaction with JAMB officials, Chizitere denied any misconduct.
Mr. Obioha emphasized his determination for justice, stating, “If my daughter is guilty, let the law take its course. If she’s wrongly accused, we seek justice.” He raised concerns about Olayemi’s behavior, mentioning a note Chizitere received from him after the exam.
Olayemi maintained he was not involved in reporting any infraction against Chizitere, attributing the issue to a Resident Monitor.
The Senate’s involvement may be crucial in addressing accountability within JAMB and the conduct of its supervisors.
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