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    Armed Forces Score 81% in BRAVE-IT Security Rating, Navy, NDLEA Receive Top Honours

    Armed Forces Score 81% in BRAVE-IT Security Rating, Navy, NDLEA Receive Top Honours

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    States, councils creation  resonate at Constitution review committee in Northeast

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    NECSN Pushes Bold Constitutional Reforms for Fiscal Transparency, Credible Elections

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    NAF Jets Pound Over 100 Illegal Refineries in Niger Delta Blitz

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      DHQ Debunks Misleading Reports, Says CDS Musa Never Blamed Benue Victims

      Troops Foil Massive Bandit Invasion in Kebbi, Neutralize Dozens

      CDS Musa Launches Youth-Led SAVE Task Forces, Rallies Northeast Students Against Extremism

      CDS Musa Launches Youth-Led SAVE Task Forces, Rallies Northeast Students Against Extremism

      Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

      Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

      Army Vows Crackdown on Benue Killers, Strengthens Operations Nationwide  

      Army Vows Crackdown on Benue Killers, Strengthens Operations Nationwide  

      Army, Police collaborate to tackle insecurity, two others in Borno

      Army, Police collaborate to tackle insecurity, two others in Borno

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      Deadly Blow to Terror: Haram Commander Abu Fatima Killed in Kukawa Strike

      Fierce Firepower: Troops Repel Boko Haram Attacks in New Marte, Kumshe — Recover VBIED, Neutralize Dozens

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      Army Unleashes Vanquish Tankers to Crush Terror Threats in Northeast 

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        Afrobeat Star D’Banj to Perform at African Military Games Abuja 2024

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        Armed Forces Score 81% in BRAVE-IT Security Rating, Navy, NDLEA Receive Top Honours

        Armed Forces Score 81% in BRAVE-IT Security Rating, Navy, NDLEA Receive Top Honours

        NOA engages Gombe stakeholders to strengthen national unity

        NOA engages Gombe stakeholders to strengthen national unity

        uni upgrades 16 additional PHCs to boost Yobe's healthcare delivery

        Buni Boosts Rural Healthcare: 16 More PHCs Upgraded Across Yobe

        States, councils creations resonate at Constitution review committee in Northeast

        States, councils creation  resonate at Constitution review committee in Northeast

        Cooperative society key driver of economic growth – Adamawa Gov

        Cooperative society key driver of economic growth – Adamawa Gov

        NECSN Pushes Bold Constitutional Reforms for Fiscal Transparency, Credible Elections

        NECSN Pushes Bold Constitutional Reforms for Fiscal Transparency, Credible Elections

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        DHQ Debunks Misleading Reports, Says CDS Musa Never Blamed Benue Victims

        Troops Foil Massive Bandit Invasion in Kebbi, Neutralize Dozens

        CDS Musa Launches Youth-Led SAVE Task Forces, Rallies Northeast Students Against Extremism

        CDS Musa Launches Youth-Led SAVE Task Forces, Rallies Northeast Students Against Extremism

        Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

        Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

        Army Vows Crackdown on Benue Killers, Strengthens Operations Nationwide  

        Army Vows Crackdown on Benue Killers, Strengthens Operations Nationwide  

        Army, Police collaborate to tackle insecurity, two others in Borno

        Army, Police collaborate to tackle insecurity, two others in Borno

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        Deadly Blow to Terror: Haram Commander Abu Fatima Killed in Kukawa Strike

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        Fierce Firepower: Troops Repel Boko Haram Attacks in New Marte, Kumshe — Recover VBIED, Neutralize Dozens

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        NAF Jets Pound Over 100 Illegal Refineries in Niger Delta Blitz

        Army Unleashes Vanquish Tankers to Crush Terror Threats in Northeast 

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          • Adamawa
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          DHQ Debunks Misleading Reports, Says CDS Musa Never Blamed Benue Victims

          Troops Foil Massive Bandit Invasion in Kebbi, Neutralize Dozens

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          CDS Musa Launches Youth-Led SAVE Task Forces, Rallies Northeast Students Against Extremism

          Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

          Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

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          Army Vows Crackdown on Benue Killers, Strengthens Operations Nationwide  

          Army, Police collaborate to tackle insecurity, two others in Borno

          Army, Police collaborate to tackle insecurity, two others in Borno

          Deadly Blow to Terror: Haram Commander Abu Fatima Killed in Kukawa Strike

          Deadly Blow to Terror: Haram Commander Abu Fatima Killed in Kukawa Strike

          Fierce Firepower: Troops Repel Boko Haram Attacks in New Marte, Kumshe — Recover VBIED, Neutralize Dozens

          Fierce Firepower: Troops Repel Boko Haram Attacks in New Marte, Kumshe — Recover VBIED, Neutralize Dozens

          NAF Jets Pound Over 100 Illegal Refineries in Niger Delta Blitz

          NAF Jets Pound Over 100 Illegal Refineries in Niger Delta Blitz

          Army Unleashes Vanquish Tankers to Crush Terror Threats in Northeast 

          Army Unleashes Vanquish Tankers to Crush Terror Threats in Northeast 

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            Osunsanya, Onwuka, Duru Named in NANTAP FCT’s State Advisory Council

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            Actor Godwin Nnadiekwe Raises Alarm Over On-Set Safety After Near-Fatal Injury

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            Empowering Women, Transforming Africa: CBW-Africa to Host Landmark Summit in Lagos

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            Court Postpones Speed Darlington’s N300m Suit Against Police Until March 19

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            Afrobeat Star D'Banj to Perform at African Military Games Abuja 2024

            Afrobeat Star D’Banj to Perform at African Military Games Abuja 2024

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          CBN’s compliance with S/Court order on old Naira notes, victory for Nigerians — Gov Matawalle

          Halima Abdulkadiri by Halima Abdulkadiri
          March 14, 2023
          in National, News
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          CBN’s compliance with S/Court order on old Naira notes, victory for Nigerians — Gov Matawalle

          CBN’s compliance with S/Court order on old Naira notes, victory for Nigerians — Gov Matawalle

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          CBN’s compliance with S/Court order on old Naira notes, victory for Nigerians — Gov Matawalle

          Governor Bello Matawalle of Zamfara said the Central Bank of Nigeria (CBN)’s compliance with the Supreme Court Order on old currency notes was a victory for Nigerians.

          Matawalle stated this in a statement issued by Malam Zailani Bappa, his
          Special Adviser, Public Enlightenment, Media and Communications in Gusau on Monday.

          According to Bappa, the Governor believes that the court procedure which culminated into the reversal of the earlier CBN’s rash implementation of the cashless policy is for the good of the Country’s micro-economy and for the wellbeing of the common man.

          He quoted Matawalle as saying: “Those who accused us of going to court for the sake of the Presidential elections, even as Nigerians groaned under the policy implementation, are now proven wrong as we did not relent until we succeeded in achieving our demand to its logical conclusion.
          “This is way after we have won the said Presidential election.

          Read Also: NYSC Warns Public Against Unauthorised Use Of Its Uniform, Others

          “All Nigerians can now sigh a relief on this matter, and we expect more cash to be in circulation to ease our pains, while those who were unable to replace their old naira notes with the scarce new notes will no longer lose their hard earned money.”

          According to Bappa, the Zamfara governor who is seeking re-election in the rescheduled March 18 Governorship and State Assembly poll, commended President Muhammadu Buhari for distancing his administration from any attempt to disrespect the verdict of the Supreme Court on the issue.

          He said the governor was expecting all Deposit Money Banks (DMBs) to fully comply with the CBN’s directives.

          The governor, Bappa noted, admonished the public to fully recognise the value of the old Naira notes once again until Dec. 31.

          The News Agency of Nigeria (NAN) recalled that the CBN, on Monday, said the old N200, N500 and N1,000 banknotes remained legal tender till Dec. 31.

          The Apex bank in a statement by Isa AbdulMumin, an Acting Director, Corporate Communications, said it was acting in compliance with the March 3 judgment of the Supreme Court.

          AbdulMumin said that the new CBN directive was in compliance with established tradition of obedience to court orders and sustenance of the rule of law principle that characterised the Buhari government.

          “Deposit Money Banks operating in Nigeria have been directed to comply with the Supreme Court judgment of March 3.

          Accordingly, the CBN met with the Bankers ‘ Committee and has directed that the old N200, N500 and N1,000 banknotes remain legal tender alongside the redesigned banknotes till Dec. 31,” he said.

          The Supreme court, had in the March 3 judgment, ordered the Federal Government to accept the designated denominations of Naira notes as legal tender until Dec. 31.

          However, neither President Muhammadu Buhari nor the CBN Governor, Godwin Emefiele, reacted to the ruling until when the presidency, in a statement on Monday, absolved the president from non-compliance with the ruling.

          Malam Garba Shehu, Senior Special Assistant on Media and Publicity to the President, in a statement on Monday, said Buhari never told Emefiele and the Attorney-General of the Federation, Abubakar Malami to defy any court order.

          “The directive of the president, following the meeting of the Council of State, is that the CBN must make available for circulation all money that is needed and nothing has happened to change the position, ” Shehu said.

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