News
Naira scarcity: Nwosu berates govs over face-off with FG, says policy is good
Chief Okey Nwosu former Chief of Staff to Owelle Rochas Okorocha has blamed the Governors of ten States that dragged the Federal Government before the Supreme Court over monetary policy indicating that with the directive for the old N200 notes to be used along with the new one the President has shown that he cares about the common man
Nwosu who spoke in Abuja on Monday at a press briefing said the policy is a very good one adding that the president has done his homework well.
He asked rhetorically why the governors are crying when the president has taken care of the masses.
He asked thee CBN to comply with the President’s directive to produce more of the N200 notes to alleviate the suffering of the people
“Most people are blaming Buhari but he has a reason why he has stuck to this decision. Do you know that no politician can withdraw N50m or N20m in N200 denomination because he will not be able to carry it.
“So when you blame Buhari also look at the good side of what he has done.
Nwosu who is also a stalwarts of the ruling All Progressives Congress said,
“In most of the developed nations we have cashless policy but it does not mean that there will be no cash at all. What it means is that the level of cash transactions will reduce.
“I see some people carrying N20m, N30m but go to UK, and some of these countries, if you are seen holding £50 they would be looking at you, even the attendant would have to go behind the counter and the supervisor will come to crosscheck if the currency is genuine. Why? because some of them have never seen £50 in their life
“My problem is with the National Orientation Agency, through the ministry of information who were supposed to have educated Nigerians. Nigerians were not educated on the cashless policy before it started.
“It is not CBN that is to educate Nigerians. There are other government agencies that are meant to disseminate information of Government policies and that is the minister of information and National Orientation Agency
“During the time of Jerry Gana once government policy comes out the jingles will be on TVs , radios before long people will be abreast with the policy
The problem between governors, Presidency and the masses, no politician in his right senses will want to see people that will vote you suffer because of currency redesign.
“Who among the politicians, the Governors will go to UK and bring out £100, 000 or even £50, 000 cash? They don’t do that.
“In every society once there is a new policy there must be some pain but after sometime they will be used to it
He said what he gained from the policy, is the fact that praise singers at events can no longer make him to part with money as before.
“Before now if you go to a function you see praise singers, you bring out N5000, N10000. D you know that the last one I went I told them I don’t have cash, they asked for transfer to their account number, I told them the network was failing. They were just looking at me. It has saved a lot of wastage.
He said the rural dwellers who would have been worse hit, have been taken care of with President Buhari’s approval for the N200 to be used along with the new N200 note
“What we should do is to also comply with what the President has said that the N200 naira notes which is the common denomination of the rural people be made available
Is it ripe for us to fully begin the implementation of the cashless policy
Let me start with the National Orientation Agency. It KS an agency under the ministry of information and I believe ghat the minister of information have access to the president. I have not heard the minister say that they are cash trapped, remember we have some government media, NTA, NAN, Radio Nigeria hoe many times have you heard
Take the location that is coming, is it not the duty of the National Orientation agency. I saw INEC, Parties doing the voters education
“It is the duty of the National Orientation Agency and ministry of information to highlight how people should vote uphill now we have not seen them do that
“They don’t need to pay NTA or radio Nigeria so there are some government agencies you can start from first, everything cannot be money.
“When the head of any agency is wrong the entire agency will be wrong. So we blame the ministry of information and the National Orientation agency for not being able to disseminate the messages of the policies of President Muhammadu Buhari in Rural areas
“Every policy comes with it its own side defects but it takes time for people to get used to that policy. Before now do we do internet transfer? Everybody goes n. I remember when we used to go to NITEL very early in the morning or late in the night to make calls
“Before now people go to bank to fill forms and submit to do transfer but now they do that with their phones so things come bit by bit. I am of that within a short period of time, this shouting and crying we are having now, things will soon come back to normal but it depends on the agencies that are concerned.
“CBN should be able to put more cash into the system. They should print more of the N200 notes
“The banks are also a problem, whether you like it or note some of the banks will take the cash and give to the politicians. We have to beam search lights on those banks. I thank God that the EFCC, ICPC and some of the government security agencies are on their trail so let them beam their searchlight on banks.”
News
Professor Advocates Chinese-Style Punishment for Corrupt Officials in Nigeria
A renowned scholar, Professor Emmanuel Onoja, has called for China’s strict anti-corruption measures, including capital punishment, to be adopted in Nigeria as a deterrent against corruption.
Delivering the 23rd Inaugural Lecture at Federal University Lokoja (FUL) on Wednesday, Prof. Onoja, a Professor of Accounting and Taxation, lamented that corruption has crippled Nigeria’s progress by undermining accountability, sustainability, and social justice.
In his lecture, titled “Accountability, Sustainability, and Social Justice: Key Catalysts for Nation-Building,” Prof. Onoja argued that corruption persists because punishments for offenders are too lenient.
“If Nigeria is serious about eradicating corruption, it must adopt stricter punitive measures like China, where corrupt officials are severely dealt with, including through capital punishment. Without decisive action, corruption will continue to rob the nation of its potential,” he declared.
Prof. Onoja stressed that for Nigeria to develop, it must integrate accountability, sustainability, and social justice into governance
In the area of accountability, he said leaders and institutions must be transparent and responsible, ensuring policies serve the people’s best interests.
In the area of sustainability, he said resource management must be efficient and long-term, ensuring future generations are not compromised.
For social Justice he pointed out that Government policies must be such that promote fairness and inclusion, bridging inequality gaps.
“These principles must not remain mere rhetoric but should shape policies, governance, and daily life in Nigeria,” he insisted.
The professor urged governments at all levels to strengthen anti-corruption institutions, enforce stricter penalties, and implement governance reforms that prioritize the well-being of citizens over personal interests.
Prof. Olafemi Akinwumi, Vice Chancellor of FUL, commended the lecture for addressing critical national issues, emphasizing that Nigeria’s future depends on transparency, fairness, and responsible leadership.
“For Nigeria to thrive, accountability, sustainability, and social justice must become the bedrock of our governance system,” he noted.
As Nigeria struggles with corruption at all levels, Prof. Onoja’s call for harsher consequences for corrupt officials adds to the ongoing debate on how best to tackle the menace and restore integrity in governance.
News
Obidient Movement Reinforces Political Strategy with New Advisory Council
***Peter Obi Approves Leadership to Strengthen Nationwide Mobilization
The Obidient Movement, widely regarded as the most dynamic political awakening in Nigeria’s recent history, has taken a decisive step in solidifying its structure with the appointment of a new Advisory Council.
The announcement, made by Dr. Yunusa Tanko, National Coordinator of the movement, marks a shift from electoral activism to long-term political and social influence.
Explaining further, Tako said though once driven by the 2023 presidential campaign of Peter Obi, the Obidient Movement has evolved into a structured, ideological force challenging Nigeria’s traditional political establishment.
“While critics dismissed it as a fleeting protest movement, its continued growth and organization prove otherwise.
By establishing a well-structured Advisory Council, the movement is laying the groundwork for a more strategic political engagement that transcends elections Tanko reiterated.
Hon. Seyi Sowunmi, Dele Farotimi, Chris Iyovwaye, Chris Nwakobia, Ibrahim H. Abdulkareem, and High Chief Peter Ameh are among the newly appointed leaders tasked with deepening grassroots mobilization, enhancing policy engagement, and shaping the movement’s future trajectory.
The Obidient Movement remains unique in its grassroots-driven approach, with no reliance on the traditional party structures that often dominate Nigerian politics.
Its ability to rally millions especially the youth against corruption, economic hardship, and weak governance has been its defining strength.
Dr. Yunusa Tanko emphasized that the movement’s ethos is built around the 5Cs ofCompetence in Delivering results, Character in Leading with integrity, Capacity in Handling complexity, Credibility Earning trust and Compassion in Putting the people first.
According to Tanko unlike many political movements that fizzle out post-election, the Obidient Movement is transitioning into a structured political force with long-term objectives.
The newly formed Advisory Council according to the coordinator is expected to expand grassroots mobilization across Nigeria’s six geopolitical zones, strengthen political engagement and advocacy beyond election cycles.
“They are also to develop policies and strategies that influence governance at all levels and promote volunteerism and civic participation among young Nigerians.”
This structural evolution Tanko said will ensure that the movement remains a potent political force, influencing decision-making and governance rather than merely reacting to elections.
As the Obidient Movement continues to build on its gains, he said the appointment of the Advisory Council signifies its commitment to long-term national transformation.
“By positioning itself as a watchdog over governance, a mobilization force, and a policy-driven movement, it aims to redefine Nigeria’s political landscape.
“While Peter Obi remains a central figure in the movement, the real power now lies in its widespread network of volunteers, strategists, and reform advocates, a collective force that is determined to keep Nigeria’s leadership accountable.
As the movement looks ahead, one thing is clear: the Obidient Movement is not just a moment; it is a movement with a mission to redefine Nigeria’s future.
News
PDP leadership crisis deepens as BOT meeting turns chaotic
The internal crisis rocking the Peoples Democratic Party (PDP) took a dramatic turn on Wednesday as a leadership dispute over the party’s National Secretary position led to a heated physical altercation at the party’s Board of Trustees (BoT) meeting in Abuja.
The meeting, chaired by former Senate President Senator Adolphus Wabara, was meant to address key party issues, but tensions flared when two rival factions clashed over the contested role of National Secretary.
The scuffle broke out when Sunday Ude-Okoye, the PDP’s former National Youth Leader and a contender for the National Secretary position, arrived late at the meeting.
Although initially allowed in, he was later forcefully removed by suspected political thugs, an action that escalated into a heated confrontation.
His rival, Senator Samuel Anyanwu, who previously held the National Secretary position before contesting the Imo governorship election, has been locked in a battle to reclaim the role despite a court ruling in favor of Ude-Okoye in December 2024.
Eyewitnesses reported that as Ude-Okoye entered the meeting, he greeted the officials but deliberately snubbed Anyanwu. Moments later, security personnel attempted to escort him out of the venue, triggering protests from his supporters, who accused the PDP leadership of bias.
The PDP’s South East caucus had earlier endorsed Ude-Okoye as the replacement for Anyanwu, following his loss in the Imo governorship race.
However, Anyanwu has continued to challenge the decision, securing a Stay of Execution while pursuing an appeal against the court ruling that upheld Ude-Okoye’s appointment.
The brawl at the BoT meeting is the latest evidence of the deep divisions within the opposition party, raising concerns about PDP’s internal stability ahead of the 2027 general elections.
As of the time of filing this report, the meeting had gone into a closed-door session, with Ude-Okoye still protesting outside the PDP headquarters over what he described as “an orchestrated attempt to silence legitimate voices within the party.”
The incident underscored the growing factionalism within the PDP, which has struggled to maintain unity since its defeat in the 2023 presidential election. Analysts warn that if unresolved, the ongoing power struggle could further weaken the party’s chances of mounting a strong challenge in future elections.
With the National Secretary position still unresolved, all eyes are now on the PDP National Working Committee (NWC) and the courts to determine the next steps in this escalating leadership crisis.
-
Crime1 year ago
Police nabs Killer of Varsity Lecturer in Niger
-
News1 year ago
FCT-IRS tells socialite Aisha Achimugu not to forget to file her annual returns
-
Appointment1 year ago
Tinubu names El-Rufai, Tope Fasua, others in New appointments
-
Kogi1 year ago
INEC cancells election in 67 polling units in Ogori-Magongo in Kogi
-
Kogi1 year ago
Echocho Challenges Tribunal Judgment ordering rerun in 94 polling units
-
News1 year ago
IPOB: Simon Ekpa gives reason for seperatists clamour for Biafra
-
Metro10 months ago
‘Listing Simon Ekpa among wanted persons by Nigeria military is rascality, intimidation’
-
News1 year ago
Kingmakers of Igu/ Koton-Karfe dare Bello, urge him to reverse deposition of Ohimege-Igu