News
Old Naira notes: CBN, Commercial Banks engage 200 Cash Swap Agents to beat deadline in JIgawa
From Ahmed Rufa’i, Dutse
The Central Bank of Nigeria (CBN) in collaboration with some commercial banks in JIgawa state have engaged the services of over 200 agents for swapping of old naira notes for the new one in effort to meet the CBN deadline of 31st of January, 2023.
The CBN director of human resources, Hajiya Amina Habib, made the disclosure while addressing newsmen in Dutse.
According to her, she was in JIgawa state to supervise and monitor the cash swapping and circulation of the new currencies
Hajiya Habib explained that they decided to engage bank agents in the rural areas because there are many unbanked communities where banking has no physical presence
She indicated that the recruitment of the bank agents is to provide banking services in the rural areas where there are no banking halls.
“Part of the jobs they are recruited to do is to open bank accounts for the rural dwellers and collect all currencies during this period.
She said, “The central bank is carrying out massive sensitization nationwide to create awareness on the new currency and make sure that people actually accept the new Naira notes.
“So a lot of sensitization is going on by the bank (CBN) and we are aware we need to take care of the people in the rural areas, that is why the bank launched the cash swap programme”.
The director emphasized that “the cash swap programme is now ongoing across the country in the rural areas. We are doing a lot, my team has been going out in terms of money trend because the cash swap involves agents, the super agents who will send the funds through the banks”.
According to her the Dutse branch of the central bank has created some teams that are going round all parts of the state, rural areas in particular monitoring the cash swap programme to ensure success and to beat the CBN deadline.
She said members of her team are all over, every where in the state creating awareness and sensitizing the public and rural dwellers and encouraging people to moped off.
According to her, people can put money in their bank accounts, adding that the unbanked would have accounts opened for them where they can deposite the money and latter they will go to the respective banks to formalize the process”.
“Those who involved in the cash swap, N10,000 is the maximum that they can get under the cash swap programme and anything above that they can place in the bank account, those who are unbanked we encourage them to open a bank account”, Habib disclosed.
Hajiya Habib explained further that “financial inclusion is actually on the increase in terms of the people who are coming up and opening bank accounts which she said is having a positive influence on the national economy as well.”
The CBN director expressed satisfaction over the way and manner the programme has been going as she commended all the stakeholders for the support and understanding for the success of the programme.
News
Obidient Movement Denounces Fake Social Media Posts Targeting Senator Datti-Baba Ahmed
The Obidient Movement, led by Dr. Yunusa Tanko, has issued a press statement condemning the circulation of false social media posts attributed to Senator Datti-Baba Ahmed. The fabricated posts, which have gone viral, are described as part of a deliberate smear campaign aimed at damaging the Senator’s reputation.
The movement clarified that Senator Datti-Baba Ahmed does not operate any social media accounts, making all attributed posts entirely baseless. During a recent press conference, the Senator unequivocally dissociated himself from these claims and urged the public to disregard them.
“This is a targeted attempt to tarnish the Senator’s image and credibility,” Dr. Tanko stated.
The Obidient Movement has called on its supporters and the public to remain vigilant and proactive in addressing the issue. They urged people to ignore, counter, and report the false posts whenever they appear.
The statement concluded with an appeal for continued support and collaboration in combating misinformation, reinforcing the movement’s commitment to truth and integrity.
News
Senate Approves President Tinubu’s N1.767 Trillion Loan Request
The Senate has granted approval for a $2.09 billion (N1.767 trillion) loan requested by President Bola Tinubu to address the N9.7 trillion deficit in the N28.7 trillion 2024 budget. The decision was made during Thursday’s plenary, just 48 hours after the request was submitted to the National Assembly.
President Tinubu, in letters to both chambers of the legislature earlier this week, highlighted the importance of the loan for financing key projects and programs critical to national development.
Following the request, the Senate assigned its Committee on Local and Foreign Debts, led by Senator Aliyu Wammako (APC, Sokoto North), to review the proposal. Presenting the committee’s report, Senator Wammako described the loan as vital for implementing the Debt Management Strategy, reducing borrowing costs, extending debt maturity, and bolstering Nigeria’s external reserves.
The committee recommended raising the loan through Eurobonds or similar international financing instruments, subject to market conditions. It also suggested that any excess funds from exchange rate adjustments be directed toward capital projects in 2024 to support infrastructure and economic growth.
The Senate approved the loan unanimously, with no objections raised during deliberations. Deputy Senate President Jibrin Barau, who presided over the session, commended the Wammako-led committee for its swift and thorough handling of the proposal.
This loan approval is part of the government’s broader strategy to bridge fiscal gaps while focusing on developmental priorities and economic stability.
News
Finland Detains Pro-Biafra Agitator Simon Ekpa on Terrorism Charges
Simon Ekpa, a Finland-based pro-Biafra agitator, has been arrested and detained by the Päijät-Häme District Court in Finland on charges of inciting public crimes with terrorist intent.
The alleged offence reportedly occurred in Lahti on August 23, 2021. Finnish authorities apprehended Ekpa on Monday, November 19, marking another chapter in his history of legal confrontations.
A source confirmed Ekpa’s arrest, noting, “He was arrested three days ago. But this is not the first time. He will likely be questioned and released soon.” Ekpa was previously detained in 2023 on suspicion of fundraising fraud but was released the same evening.
The Finnish National Bureau of Investigation (NBI) has also requested the detention of four additional suspects in connection with terrorism-related charges.
Ekpa has gained notoriety for his leadership of a Nigerian separatist group advocating for an independent Biafran state in southeastern Nigeria. Finnish authorities allege that he used social media platforms to coordinate actions that resulted in violence against civilians and authorities in Nigeria.
Detective Chief Inspector Otto Hiltunen of the NBI stated that the investigation focuses on a Finnish citizen of Nigerian descent, born in the 1980s, suspected of public incitement to crimes with terrorist intent.
Meanwhile, the Nigerian government has continued to engage the Finnish government through the European Union (EU) to extradite Ekpa. In August, Nigeria’s Defence Headquarters emphasized the dual approach of diplomatic engagement and sustained military operations against the Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN).
Director of Defence Media Operations, Major General Edward Buba, reiterated the government’s resolve, saying, “The FG would respond appropriately to the Finnish Government through the EU. On the part of the military, troops would sustain operations against IPOB/ESN.”
Ekpa, who has represented Finland’s National Coalition Party (NCP) in local government, currently serves on Lahti’s public transport committee. Finnish authorities continue to investigate his activities, emphasizing the potential connection between his leadership role in the separatist movement and violent actions in Nigeria.
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