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Fresh trouble for Emefiele as Senate sends strong warning over old naira notes deadline
Precious Etim
The Senate and House of Representatives have asked the CBN to extend the deadline for the expiration of old naira notes by six months
The Senate warned that there will be chaos if the deadline is not extended, as many people are rejecting the old naira notes
Members of the House of Reps argued that banks are complaining of the shortage of new notes while businesses are rejecting the old notes
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FCT, Abuja – The Senate and the House of Representatives in a separate statement have called for the extension of the deadline set by the Central Bank of Nigeria (CBN) as the expiration date for the old N200, N500 and N1000 notes.
According to Channels Television, both legislative chambers of Nigeria's National Assembly are asking the apex bank to extend the deadline by six months.
Senate, and House of Reps, ask CBN to extend the deadline for the expiration of old naira notes. Photo Credit: House of Representatives
Has CBN extended the deadline for the collection of old naira notes?
The green chamber reached the conclusion after a motion moved by Sada Soli noted that the policy must not be overbearing on Nigerians if it is going to be successful.
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The lawmakers argued that banks are complaining of a shortage of the new notes while businesses are already rejecting the old naira notes.
While commending the apex bank for the policy, the house said the implementation is too abrupt and it would be unfair to the next administration.
Latest about CBN, Senate, House of Representatives, Naira Redesign, Godwin Emefiele
Subsequently, the lawmakers urged President Muhammadu Buhari to intervene and prevail on the new policy of the apex bank.
Earlier in December, the red chamber ordered the CBN to extend the deadline but the apex bank shunned the directive of the Senate.
However, at a plenary on Tuesday, the Senate posited that there were very few new notes in circulation while warning of imminent chaos should the deadline not be extended.
Tension as police lay siege at CBN governor, Emefiele's residence, details emerge
Legit.ng earlier reported that the police laid siege at the Abuja residence of Godwin Emefiele, the governor of the CBN on Tuesday night.
A source within the police disclosed that the police were there to ensure that the apex bank governor appears in court over the $53m Paris Fund Debt.
However, the Abuja police command and the force headquarters denied having knowledge of the development.
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On Wednesday, the Supreme Court dismissed Dan Orbih's Peoples Democratic Party (PDP) faction's appeal, which sought to challenge the party primaries that produced the current Edo state governor, Godwin Obaseki.
The appeal against the emergence of Godwin Obaseki was declared inadmissible by a five-judge court panel
Justice Centus Nweze observed in the main judgment that an appeal must be based on grounds presented to the lower court for it to be eligible for review
Governor Godwin Obaseki has reacted to the Supreme Court Verdict on the Edo Peoples Democratic Party (PDP) crisis.
On Wednesday, February 1st, 2023, Obaseki described the ruling as "No Victor, No vanquished" and called on all party members and Edo people to unite with the party and government to rescue Nigeria.
Obaseki reacts to Supreme Court's judgement. Photo credit: Governor Godwin Obaseki
Obaseki lauds Supreme Court's recent judgement
Obaseki in a statement shared on his Facebook page and sighted by Legit.ng, on Wednesday night, said,
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"The ruling of the Supreme Court today, finally put to rest the long-drawn legal tussle over the candidates that will fly the flag of our great party, the Peoples Democratic Party (PDP) Edo State in the general election on the 25th of February and 11th of March 2023.
"As the leader of the party in the State, I implore all members to consider this development as the end of all strife within the Edo PDP and to note that this is a victory for all members. Our resolve now is to win the forthcoming general elections as this experience has made us stronger and better prepared to clinch victory."
2023: Why tough time awaits Oshiomhole in February over his senatorial ambition
Meanwhile, Adams Oshiomhole, the former national chairman of the All Progressives Congress (APC) and ex-Governor of Edo state, would be facing a tough time in the February 25 national assembly election.
Oshiomhole is contesting for Edo north senatorial seat in the forthcoming election but his major contender is a former political ally.
Also, because there won't be a governorship election in the state, the central stage for the 2023 election in the state is the national assembly election.
A few weeks before the 2023 general election, there are speculations that two Peoples Democratic Party (PDP) governors, apart from the G5 group, are threatening to withdraw their support for the party's presidential candidate, Atiku Abubakar.
The national chairman of the New Nigeria Peoples Party (NNPP), Professor Rufai Ahmed Alkali, made the claim while addressing newsmen in Abuja on Tuesday, January 31.
He was reacting to Atiku's claim that he was in talks with the NNPP presidential candidate.
"Five governors are not with Atiku. These governors are coming from powerful states. The two others have been sending messages that they will not support Atiku.
"We thought that anyone contesting an election should put his house together. We left the PDP because we knew it would implode. It is not the same party as yesterday. In the next one week, some will leave the PDP," Alkali said.
The governor of Rivers state, Nyesom Wike, has withdrawn the approval he granted the PDP to use Adokiye Amiesimaka Stadium for Atiku's rally
Wike through a letter written by his sports commissioner and addressed to Governor Tambuwal gave the reason for his action
Meanwhile, the Rivers state chapter of the PDP said it is not surprised by the governor's action and revealed its next step
Port Harcourt, Rivers state – Governor Nyesom Wike has withdrawn the approval he granted the Peoples Democratic Party (PDP) Presidential Campaign Council to use the Adokiye Amiesimaka Stadium for Atiku Abubakar's rally.
The Rivers state governor cancelled the approval in a letter dated Tuesday, January 31 written by the commissioner for sports, Christopher Green, The Nation reported.
Governor Wike stops PDP presidential campaign council from using Adokiye Amiesimaka Stadium for Atiku's rally. Photo credit: Gov Nyesom Ezenwo Wike – CON
Legit.ng gathers that the letter was addressed to Governor Aminu Tambuwal of Sokoto state, who is the director-general of the PDP Presidential Council.
PDP campaign allegedly planning to share venue with Rivers APC
The letter accused the Rivers Presidential Campaign Organisation of planning to share the use of the facility with a "faction of the All Progressives Congress (APC) led by Tonye Cole".
The letter said:
"Credible intelligence available to the government of Rivers State and recent developments now show that your Presidential Campaign Organisation is working in collaboration and in cahoot with a faction of the APC led by Tonye Patrick Cole and that it is the intention of your presidential campaign organisation to accommodate and share the approved facility for your campaign with the said faction of the APC.
"Government records show that the activities of the APC in Rivers have always been married by violence due largely to irreconcilable internal conflicts within the party including shootings and killings in the course of protest arising from the nomination process of delegates for primaries and detonation of explosives in the course of campaigns".
The state government said it withdrew the approval because it would not risk damage to a state prized asset like the Adokiye Amiesimaka Stadium that could arise from the alleged planned collaboration with Toney Cole-led APC.
Rivers PDP reacts
Reacting, the spokesperson of the PDP Presidential Campaign Council in Rivers, Leloonu Nwibubase, confirmed the development.
He said the PDP was not surprised by Governor Wike's action. According to him, the approval earlier granted by the Rivers state governor was a Greek gift.
"We will speak to the teeming PDP supporters and supporters of our presidential candidate in due course. We will continue with our campaign.
"We are very sure that the ultimate goal is for Rivers to vote Atiku Abubakar as their Presidential Candidate and that we will succeed. We will unveil our options," he said.
PDP crisis worsens as Wike makes another strong allegation against Iyorchia Ayu
In another report, Governor Wike accused Iyorchia Ayu, the PDP national chairman, of ordering lawyers handling some of the party's cases in Rivers state to withdraw their legal representations.
The Rivers governor described the alleged directive as anti-party, saying such acts would beget a corresponding reaction from the state chapter of the party.
He said this at the State School premises, Okehi 1, the venue of the Rivers state PDP campaign inauguration in Etche local government area on Monday, January 30.
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