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Nairaland / General / Mrs. Lucy Adaugo Kingsley (jazz001) Congratulates Miss. Peculiar Moses On Her B by CDAnewsreporter(m): 2:21pm On Apr 01, 2023
*Mrs. Lucy Adaugo Kingsley (Jazz001) Congratulates Miss. Peculiar Moses on Her Birthday.*
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Nairaland / General / Softicu Empowers Abia Youths With Digital Skills Scholarship Program* by CDAnewsreporter(m): 11:57am On Mar 30, 2023
*Softicu Empowers Abia Youths with Digital Skills Scholarship Program*
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Nairaland / General / Major 10 News Updates You Need To Know This Wednesday Morning by CDAnewsreporter(m): 6:47am On Mar 29, 2023
*Major 10 News Updates you need to know this Wednesday Morning*
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Politics / Comrade Chika Ishionwu Congratulates Dr.alex Otti On His Victory As Gov-elect by CDAnewsreporter(m): 2:57pm On Mar 23, 2023
*Comrade Chika Ishionwu Congratulates Dr.Alex Otti on His Victory as Governor Elect of Abia State*
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Dear Abians,

It is with great pleasure and excitement that I, Chika ISHIONWU, on behalf of A Better Abia for Us (ABAFU) and the For Us By Us movement, congratulate Dr Alex OTTI on his well-deserved victory in the elections conducted on Saturday, the 18th of March.

We are confident that with Dr Alex OTTI of the Labour Party as the Governor and Bonny Isieyin as the House member representing Ikwuano constituency, our dreams of a better Abia state will become a reality. Dr Alex OTTI's track record of excellence in the private sector and his passion for the development of Abia state makes him the perfect leader to take us to the next level.

As we celebrate this victory, I urge all Abians to join hands in making the Abia of our dreams possible. Let us all work together to ensure that our state is a place where our dreams can become a reality. With the For Us By Us movement, we can create a future that is truly for us, by us.

Congratulations once again to Dr Alex OTTI and Bonny Isieyin. Let us all work together to make Abia state a better place for all.

For Us By Us!

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Nairaland / General / Happy Birthday Miss Emiliana Ambrose On Your Birthday — Amb.chinweuba Anyaragbu by CDAnewsreporter(m): 8:55am On Mar 23, 2023
CDA News Boss Salute Miss Emiliana Ambrose on her birthday celebration which was on 14th March.

Amb. Chinweuba Anyaragbu started this through the CDA News website in his congratulatory message to Miss Emiliana Ambrose on her birthday.

He describes Her as a woman of virtue, a caring Nurse, reliable, Honest, hardworking, diligent, Honest, Dogged, disciplined, and Unique lady.

Happy birthday to you let God Almighty conto to bless you with good health, great prosperity, More abundance of blessings, and Happiness.

Hip Hip Hip Hurray. Let your light of greatness keep shining brighter.


(CDA NEWS)

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https://cdanewsonline.com/happy-birthday-miss-emiliana-ambrose-on-your-birthday-amb-chinweuba-anyaragbu/

Nairaland / General / Dr.alex Oti Of Labour Party (LP) Has Emerge Governor-elect Of Abia State. by CDAnewsreporter(m): 5:41pm On Mar 22, 2023
*Dr.Alex Oti of Labour Party (LP) has Emerge Governor-elect of Abia State.*
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Nairaland / General / Pls Stop Destroying My Brothers Name- Ken’s Younger Brother Pleads -charles Ukea by CDAnewsreporter(m): 4:40pm On Mar 20, 2023
*Pls Stop Destroying my brothers name- Ken’s younger brother pleads -Charles Ukeagu*
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Nairaland / General / INEC Bars Party Agents From Taking POS To Polling Units by CDAnewsreporter(m): 7:50pm On Mar 17, 2023
The Independent National Electoral Commission (INEC) has banned party agents or anyone affiliated to political parties from taking Point of Sale (POS) machines to polling units across Anambra State.

Also banned from polling centers are materials capable of being used as an inducement to lure voters into selling their votes.

Anambra State Resident Electoral Commissioner, Dr. Elizabeth Agwu stated this in a press briefing on Friday, ahead of Saturday’s House of Assembly election in the state.


During the presidential election, there were allegations of people using POS to transfer money to voters as a way to beat the cashless policy of the federal government, while some political parties deployed bales of wrappers, cartons of noodles, and other food items to induce voters.

Agwu during the press briefing said the commission was ready for the election, and that election materials have been moved to all parts of the state.

Agwu stated: “The commission will not tolerate vote buying. We will not allow party agents to take POS machines into the polling centers, or any other material that can be used to induce the people.

“We have 21 local governments and we have watched and distributed our materials down, most especially the ballot papers that are meant for the State Assembly elections and this has been properly and systematically outlined so that there won’t be a mix-up.

It is a tradition that we normally move our materials, particularly, sensitive materials to the local governments, from the local governments to the RAC centers, then to the polling units.

We’re assuming that by 8:30 am on Saturday, voting is expected to have commenced across the polling units in the state. We have sorted out all issues concerning BVAS for the election, and we hope for optimal performance.”

(CDA NEWS)
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Nairaland / General / Prof Gregory Ibe Won Chinkwe Udensi At Supreme Court As Abia APGA Guber Candida by CDAnewsreporter(m): 5:21am On Mar 09, 2023
*Prof Gregory Ibe Won Chinkwe Udensi at Supreme Court as Abia APGA Guber Candidate*
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Nairaland / General / CDA News Boss Salute Hon.enyinnaya Ezeri On His Birthday by CDAnewsreporter(m): 7:33pm On Mar 08, 2023
*CDA News Boss Salute Hon.Enyinnaya Ezeri on His Birthday*
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Nairaland / General / Hon. Emeke Atuma Congratulates Bola Ahmed Tinubu On His Sound Victory As Pre by CDAnewsreporter(m): 5:58pm On Mar 08, 2023
*Hon. Emeke Atuma Congratulates Bola Ahmed Tinubu on his Sound Victory as President Elect of Nigeria.*
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Nairaland / General / Police Arrested Child Kidnappers And Traffickers In Ikwuano by CDAnewsreporter(m): 4:06pm On Mar 03, 2023
*Police Arrested child kidnappers and traffickers in Ikwuano*
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Nairaland / General / Major 10 News Update You Need To Know This Thursday Morning by CDAnewsreporter(m): 6:16am On Mar 02, 2023
Major 10 News Update you need to know this Thursday Morning

Good morning readers Here is today’s summary from Nigerian Newspapers:

1. President-elect, Bola Tinubu, has extended an olive branch to his opponents, Atiku Abubakar of the Peoples Democratic Party and his Labour Party counterpart, Peter Obi, after the contentious presidential election in which he was declared the winner on Wednesday. Tinubu said political competition must now give way to conciliation and inclusive governance.

2. The Atiku-Okowa Presidential Campaign Council of the Peoples Democratic Party has vowed to challenge the outcome of the February 25 presidential election that returned the candidate of the ruling All Progressives Congress, Bola Tinubu, as President-elect. The campaign also urged party supporters to be worry-free as efforts are being made to retrieve the party’s mandate.

3. Yiaga Africa has said the results of Saturday’s presidential election from Imo and Anambra are inconsistent with its projections for the states. This is contained in its post-election statement titled, ‘The 2023 presidential elections are once again a missed opportunity: INEC must be fundamentally reformed’.

4. A Magistrate Court in Kano has remanded the Majority Leader of the House of Representatives, Alhassan Ado Doguwa, at a correctional facility over charges of culpable homicide and arson.

5. The Labour Party, LP, candidate in the 2023 presidential election, Peter Obi has promised to address Nigerians following the declaration of Bola Ahmed Tinubu of the All Progressives Congress, APC, as the winner by the Independent National Electoral Commission, INEC. He stated this in a tweet on Wednesday.

6. Nigeria’s President-elect, Asiwaju Bola Ahmed Tinubu was yesterday in Daura, Katsina State where he met with President Muhammadu Buhari.

7. United Kingdom prime minister, Rishi Sunak has congratulated Nigeria’s president-elect, Bola Tinubu on his victory at the 2023 presidential election. “

8. Senator representing Borno South in the Senate, Ndume has said the Boko Haram attack in his hometown, Gwoza, on election day prevented many voters from casting their ballots. Ndume in a session with journalists on Wednesday in Maiduguri said only about 20,000 out of the 137,000 registered voters voted in last Saturday’s elections.

9. Traders have been counting their losses as an early morning fire erupted at Kurni Market in Kano, leaving six permanent and 74 temporary shops razed. .

10. A hoodlum, identified simply as Adedeji, aka Skye, has allegedly shot a lady, Halimat Abowaba, to death on Abeokuta Street, behind the Agege Stadium, in the Agege Local Government Area of Lagos State.

(CDA NEWS)
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https://cdanewsonline.com/major-10-news-update-you-need-to-know-this-thursday-morning-38/

Nairaland / General / INEC Issues Certificate Of Return To Bola Ahmed Tinubu by CDAnewsreporter(m): 5:21pm On Mar 01, 2023
INEC Issues Certificate of Return to Bola Ahmed Tinubu

The president-elect, Ahmed Bola Tinubu has received his Certificate of Return.

The Certificate was given to him by the Chairman of the Independent Electoral Commission, INEC, Professor Mahmood Yakubu on Wednesday.

Tinubu won 12 states, his closest rival Atiku Abubakar of the People’s Democratic PDP, also won 12 states.

The candidate of the Labour Party, LP, Mr Peter Obi won 11 states including FCT while the candidate of the New Nigeria Peoples Party, NNPP, Rabiu Kwankwaso won one state.

Tinubu polled 8, 794, 726 while Atiku garnered 6,984,520. Obi scored 6,101,533 and Kwankwaso got 1, 496, 687.

(CDA NEWS)
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Nairaland / General / NYCN Hails President-elect, Asiwaju Bola Tinubu On Historic Win. by CDAnewsreporter(m): 3:39pm On Mar 01, 2023
NYCN hails President-elect, Asiwaju Bola Tinubu on historic win.

The National Youth Council of Nigeria (NYCN) has hailed the President-elect, Asiwaju Bola Ahmed Tinubu, over his victory at the just concluded presidential election held on Saturday, February 25, 2023.

In its congratulatory message released to CDA News on Wednesday, NYCN said the former Lagos State Governor’s victory is an endorsement of decades of relentless leadership and his selfless investment in democratic practice.

NYCN National President, Sukubo Saraigbe Sukubo, in a message signed by the National Public Relations Officer of the Council, ‘Dotun Omoleye, said the youths received Tinubu’s victory with much enthusiasm.

The Nigerian youths are confident of the President-elect’s exceptional capacity to engage the youth population in creative and other resourceful enterprises to lower the bar of insufficient jobs, fight insecurity, and stimulate the intellectual assets required to develop our nation.

The NYCN implored the President-elect to immediately put measures in place towards tackling the menaces that have constituted existential hurdles to our innovative efforts by forming a strategic partnership with the private sector, as it remains the most significant job provider in any country.

In addition, we implore the incoming President to implement the critical part of his manifesto that touches on the Students Loan and the promise to guarantee a hitch-free academic calendar.

The Council said the interventions are crucial to funding the education of younger people from vulnerable homes and also serve as an encouragement to motivate younger minds to be productive and develop strong ties with their nation as responsible citizens.

While assuring the incoming government of our unflinching support, we urge the President-elect, in the spirit of sportsmanship, and his avowed acceptance of dissent choices, to work closely with other co-contestants in a bid to run an all-inclusive government and reunite the nation”.

(CDA NEWS)
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https://cdanewsonline.com/nycn-hails-president-elect-asiwaju-bola-tinubu-on-historic-win/
Nairaland / General / INEC Finally Declares Sen. Abaribe Winner Of Abia South Election by CDAnewsreporter(m): 7:23pm On Feb 28, 2023
*INEC finally declares Sen. Abaribe winner of Abia South election*
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Nairaland / General / Mayor Lucky Igbokwe Drags PDP, INEC, Asks Court To Nullify Okey Ahiwe’s Candidac by CDAnewsreporter(m): 6:44pm On Feb 28, 2023
*Mayor Lucky Igbokwe Drags PDP, INEC, Asks Court To Nullify Okey Ahiwe’s Candidacy*
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Nairaland / General / Major 10 News Update You Need To Know This Wednesday Morning by CDAnewsreporter(m): 7:36am On Feb 22, 2023
Major 10 News Update you need to know this Wednesday Morning

Good morning! Here is today’s summary from Nigerian Newspapers:

1. Governor Nasir El-Rufai of Kaduna State yesterday said some governors of the All Progressives Congress (APC) filed a suit to challenge the Federal Government over the naira redesign policy when their advice was ignored. In an interview with Radio France International (RFI), Hausa, El-Rufai said those criticizing them over the move were ignorant of the roles of a governor and his responsibilities.

2. About 10 branches of commercial banks were destroyed during the Sagamu riot in Ogun State, on Monday, the police disclosed. This, according to the police, is in addition to the council secretariat and the station of Ibadan Electricity Distribution Company (IEBDC) torched in the attacks.

3. The First Lady of Nigeria, Hajiya Aisha Muhammadu Buhari, has denied responsibility for sharing a fake statement from the Central Bank of Nigeria (CBN) on her Instagram page which announced that the old N500 and N1000 notes remain legal tender for the next 70 days, till May 1, 2023. She blamed hackers for the act.

4. The New Nigeria Peoples Party (NNPP) candidate for Wudil/Garko Federal Constituency in Kano State, Alhaji Kamilu Ado Isa, is dead. Isa, a former Assistant Comptroller General of the Nigerian Security and Civil Defence Corps (NSCDC), died after a brief illness on Monday.

5. CBN insisted yesterday that only the old N200 notes were re-issued as directed by President Muhammadu Buhari. The clarification came against the backdrop of reports that President Muhamnmadu Buhari had issued an order directing the CBN to also re-issue

the N500 and N1,000 notes.

6. Vice President, Professor Yemi Osinbajo yesterday said that oil theft and losses pose a serious threat to Nigeria’s economy and impact negatively the revenue of the nation. According to him, oil theft if left unchecked would spell doom for Nigeria and could fuel a public finance crisis that paralyzes the government.

7. Electorates in Rivers State have been told who to cast their ballot for as president of Nigeria on Saturday, Governor Nyesom Wike, said yesterday. He, however, did not name the particular contender the electorates have adopted as their presidential candidate.

8. A huge crowd of party members and supporters yesterday welcomed the All Progressives Congress (APC) presidential campaign train to Lagos for the final rally of the ruling party. news

9. Gunmen, in the early hours of Tuesday, razed the country home of the Imo State Commissioner for Youths and Sports, Emeka Okoronkwo. Also razed is the country home of a former Dean of the Faculty of Law, Imo State University, Owerri, Nnamdi Obiaraeri.

10. Operatives of Ekiti State Amotekun Corps have arrested a man, identified as Celestine, with fake new N1,000 notes amounting to about N250,000. Celestine

, (CDA NEWS)
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Nairaland / General / Ndioru Women Endorses Col. Austine Akobundu For Senate And Rt. Hon. Chinedum Orj by CDAnewsreporter(m): 3:27am On Feb 21, 2023
*Ndioru Women endorses Col. Austine Akobundu for Senate and Rt. Hon. Chinedum Orji for Reps*
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Nairaland / General / CDA News Boss Salute Comrade Paul Ogechi Nwagbala On His Birthday Celebration by CDAnewsreporter(m): 12:35am On Feb 20, 2023

Nairaland / General / The Ikwuano Young Leader's Forum (IYLF) Pays Courtesy Visit To Senator T A Orji by CDAnewsreporter(m): 2:51pm On Feb 18, 2023
The Ikwuano Young Leader's Forum (IYLF) Pays Courtesy Visit to Senator T A Orji (Papa Ukwu) at this country Home*
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The Coordinator of Ikwuano Young Leaders Forum (IYLF) Chief Jerry Awa  led Members of forum to pay a courtesy Senator T A Orji on February 17, 2023.

One of the objectives of the visit was to formally introduce the forum and seek for blessing from Senator T A Orji.

Also discuss key objective to solicit his support and approval to expedited approval on our plan for the forthcoming General Election in order to deliver PDP all the way.

(1) Chief Jerry Awa - ( IYLF) Coordinator

1. HON.Ebere Okiyi -- Deputy Coordinator

3. Hon.Chidiebere Johnson -- Secretary

4. Elder Ibelachi C.Ibelachi -- Leader

5. Hon.Gladys Apugo Osoagbaka ( Woman Leader)

6 .Amb.Chinweuba Anyaragbu --Media Director(PRO)

7. Hon.Buchi Stephen Imoh --Deputy Transition Chairman.

8. Hon .Elder Ikechi Ikechiuku-- Member

9. Hon.Ugochukwu Okiyi-- Member

10. Hon.Ben Enyinnaya - Member

The meeting which started at about 1.15pm had the IYLF delegation warmly received by the Senator T A Orji.

In his welcome remarks, appreciated the team for their visit, and thereafter Chief Jerry Awa introduced the members of his team present at the meeting,

In his opening speech, the Coordinator of IYLF thanked His Excellency Senator T A Orji for honouring their request to pay a Courtesy call on him and for the very warm reception accorded to the delegation.

Hon.Jerry Awa thanked His Excellency Senator T A Orji and informed him on the readiness of the group to work for all the candidate of the People's Democratic Party and assure him Ikwuano will deliver all candidates of PDP.

Member of the Forum was given the opportunity to contribute in the discussion.

Hon.Ibelachi Thank Senator for the opportunity given to the forum in spite the time also prayed for the family.

Hon.Gladys Apugo Osoagba , the woman leader of the forum assured the readiness of the Young Leaders to mobilize voters for the party in all the election.

Hon.Johnson also thanked His Excellency for his numerous work he did for our people and also pledged that our forum will work hard to ensure the victory of the party in all election.

Hon.Buchi Imo the current deputy Chairman also thank Senator T A Orji for all his great works and laudable achievement he has done in the state and pray that our aim is to make sure our party comes out victorious in the forthcoming general election.                                                                    
In his speech he started that His Excellency Senator T A . Orji thanked the forum for the visit and clarified their aims and objective to promote the party PDP.

His Excellency has been a good example in the areas of good governance and the development of human capital and infrastructure added that as a senator had sustained his development a foot print to emulate.

(CDA NEWS)
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Nairaland / General / Your Deadline Illegal – El-rufai Dares Buhari Over Old Naira Notes (full Speech) by CDAnewsreporter(m): 10:07am On Feb 17, 2023
Kaduna State Governor, Malam Nasir El-Rufai, on Thursday, asked residents of the State to continue using the old Naira notes.

His directive is coming after President Muhammadu Buhari said in his national broadcast earlier in the day that both the N1,000 and N5,000 old Naira notes are no longer legal tenders.

However, in his broadcast to the people of Kaduna State, El-rufai urged them to stand up strongly for democracy, peace and national unity.

He said, “Let us stay calm and peaceful, and support the lawful means being utilised to solve our problems. On behalf of the Kaduna State Government, I wish to assure you that none of you would lose the money you have in old notes. Let no artificial and illegal deadline frighten you. Whether you live in towns, villages or in our isolated rural communities, do not feel stampeded to deposit your old notes in the banks. Hold on to them. Continue to use them as legal tender as ordered by the Supreme Court of Nigeria. No deadline can render them worthless, ever. The law is on your side. The Central Bank of Nigeria Act, 2007 and the Bills of Exchange Act, both oblige the CBN to recognise your old notes and give you value in new notes whenever you bring them to the CBN, even in the next 100 years.

“Therefore, as your governor, I wish to assure you that the Kaduna State Government, in collaboration with elected legislators, traditional institution, elected local government councils, markets, and traders associations will help you collect, record, document, collate and deliver all your old notes to the Kaduna branch of the Central Bank on your behalf into the new ones immediately after the elections.”

His speech in full:

My dear people of Kaduna State,

1. With just about 100 days before leaving office, and elections just round the corner, it was my intention to host another media chat to interact with the people of our state in the next few days. While I still hope to do so, I feel the need to address you all today due to the unprecedentedly cruel situation our people and their livelihoods have been thrown into, particularly in the last two to three weeks by the decisions, actions and inactions of the Federal Government of Nigeria.

2. On behalf of the government of Kaduna State, I wish to express my deepest regret at the needless suffering you are enduring as a result of the prolonged fuel shortage and the difficulties occasioned by the so-called “currency redesign” policy of the Central Bank of Nigeria. We understand your pain. I assure you that as your State Governor, I have been working with my other colleagues to do everything in our power to end these pains.

3. While publicly supporting what appeared to be a beneficial policy, we innocently engaged privately with the President and the leadership of the Central Bank of Nigeria to review the implementation of the policy so as to reduce its negative impact on the lives and livelihoods of our people, and end the pain being inflicted on citizens. In the absence of any progress to modify implementation on the part of the architects, we were forced to go public about two weeks ago, with our concerns and demand that this suffering must stop.

4. We take seriously our duty to protect ordinary people from the consequences of these policy fiascos. The sad fact is that the victims of these mindless policies are the people that elected us. It is their welfare that is being threatened. Many of our people have been left in a situation where the money they put in banks has literally been confiscated, depriving them of the ability to buy food and basic necessities. Our traders cannot sell as much as they used to because their customers have no access to their hard-earned money.

5. We have been officially informed that the currency redesign policy is to reduce money laundering and render useless stashes of high denomination Naira that many politicians and public officers have accumulated through corruption and other illicit activities. As earlier stated, we are fully in support of such a policy and we made this public from the beginning.

6. We had privately expressed concerns about the timing of the currency design policy and the unrealistic timeline for its implementation. We were assured that all steps have been taken to ensure that we avoid the recent experience of India, where implementation of a similar demonetisation policy targeted at politicians ended up hurting the poorest and small businesses the most.

7. In official briefings to the President, the Central Bank of Nigeria constantly alluded to the fact that the policy also targets politicians who have accumulated a huge war chest for vote buying during the elections. It is now clear that the President has been deceived by the Central Bank of Nigeria and some elements in his government into buying into this overarching narrative, in the name of ensuring free and fair elections in 2023.

8. It is important for the people of Kaduna State, and indeed Nigeria, to know that contrary to the public pronouncements and apparent good intentions, this policy was conceived and sold to the President by officials who completely lost out in the Gubernatorial and Presidential Primaries of the APC in June 2022.

9. Once Asiwaju Bola Tinubu emerged as the candidate in June 2022, and subsequently did not pick one of them as his running mate, this currency redesign policy was conceived to ensure that the APC presidential candidate is deprived of what they alleged is a humongous war chest. They also sought to achieve any one or more of following objectives:

a. Create a nationwide shortage of cash so that citizens are incited to vote against APC candidates across the board resulting in massive losses for the Party in all the elections;

b. Ensure that the cash crunch is so serious, along with the contrived and enduring fuel shortage existing since September 2022, that the 2023 Elections do not hold at all, leading to an Interim National Government to be led by a retired Army General;

c. Sustain the climate of shortage of fuel, food and other necessities, leading to mass protests, violence and breakdown of law and order that would provide a fertile foundation for a military take-over;

10. In the pursuit of these objectives, the Central Bank of Nigeria and these other disgruntled Federal officials have so far convinced the President that it is fine for ordinary citizens to be dispossessed of their hard-earned money, and starved if need be, while small and medium-sized businesses are deprived of access to their capital, thereby bringing trade and exchange to a grinding halt. All our efforts to modify implementation of the policy to avoid what we assumed were unintended consequences were unsuccessful. I chose to speak out first as one person that has been particularly close to the President, believing that his actions were motivated by innocence, and mindful of his legacy. I have no regrets for doing my duty in this regard. One day, the President will appreciate what some of us are being insulted for today.

11. Yet, the politicians that the officials have convinced the President to regard as the real targets of the currency redesign policy have not been impeded in any way by it so far. Indeed, two of the presidential candidates, and a running mate of the opposition parties own or have preferred access to some of the licensed banks. For that reason and by various clandestine arrangements, these politicians have access to hundreds of millions of these new notes, while the traders, merchants, students and other citizens are queuing for days to withdraw a few thousand Naira just to buy food and necessaries.

12. Within two to three weeks of implementation, it was clear to everyone that the architects of this policy can see that it is our people that are being terribly affected, and not the politicians. It is quite unfortunate that many politicians who either own banks or have privileged access to money are so insulated from the pains of talakawa that they are recklessly endorsing a policy that is being badly implemented.

13. I am referring here to the comments by the candidate of one of the opposition parties who expressed opposition to the recommendation first of the APC state governors, and subsequently of all the governors under the auspices of the Nigeria Governors Forum that the implementation timeline be extended, to enable the old and new notes to be legal tender side by side until the cash shortage ends.

14. My dear people of Kaduna State. Let me explain how the architects of this policy intentionally designed it to fail. The total currency in circulation in Nigeria was estimated at N3.2 trillion at the end of 2022. According to the Central Bank of Nigeria, N2.1 trillion has been withdrawn as at early February. The CBN claimed that N700bn is the amount of cash needed for their functioning vision of a “cash-less” Nigerian economy. The Chief Economic Adviser to the President, Dr. Doyin Salami disagrees with this estimate, and believes at least N2 trillion of currency needs to be in circulation for our economic sustainability. Other experts variously estimate this to be between N1.2 trillion and above, so the CBN number of N700bn is not realistic.

15. The CBN informed the President at the very beginning that the Mint (NSPMC) has enough capacity to print the needed currency in circulation within the 6-week timeframe for the so-called ‘cash swap’. By its own admission, only N400bn worth of new notes had been printed for CBN as at early February.The current cash shortage was therefore designed from the beginning, the President was lied to about the domestic capacity of the Mint to print, and even if the announced N700bn was printed, it would have been grossly inadequate anyway. Imagine then printing only N400bn, and making most of it unavailable to the banks but passed to favoured entities through special arrangements. How can the CBN collect N2.1 trillion from citizens and print only N400bn? Is this not a clear case of economic sabotage?

16. It is bad economics to so curtail economic activity and the velocity of circulation of money. It is also insensitive to deliberately cause cash shortage and then seek to instigate the public against the mostly innocent commercial banks. Even the most honest and prudent action by banks cannot magically make N400bn to look like N2.1 trillion, or have the same spread and availability like the CBN should have ensured. As a regulator, the CBN should not be seen to be setting up the banking sector as the public enemy to cover up the glaring failure in its design and implementation of the cash swap policy.

17. We have repeatedly appealed to the Federal Government to allow whatever remains of the old notes to circulate concurrently with the new notes. We recommended that the Federal Government should also hasten to ensure that more of the new notes are printed and brought into circulation. We thought that if the Nigerian Mint is incapable of printing the volume of cash needed as it appears, then necessary steps must urgently be taken to get a reliable supply source.

18. There is no reason why the old notes and the new notes should not coexist until the old notes are gradually withdrawn over the years as is done in the United Kingdom, Saudi Arabia and other countries. It is unfortunate that in implementing this policy, Nigeria is departing from global best practise, without any compelling justification. The Kaduna State Government did all these, not in opposition to any person or authority, but because we stand with our people and their interests.

19. When it was clear that our recommendations will not be seriously considered, the Kaduna State Government decided, along with the governments of Kogi and Zamfara States to declare a dispute with the Federal Government. In line with the provisions of the Constitution, we approached the Supreme Court of Nigeria to invoke its original jurisdiction to hear us and the cries of our people. The Court did on February 8th, and ordered that the deadline of February 10th for all the ‘old’ notes ceasing to be legal tender be rescinded until the determination of the suit. This ruling applies to the Federal Government and its agencies like the CBN, and all commercial banks! We are grateful to the Court for this ruling, and we had hoped that compliance by the CBN and the banks would bring relief to our people. It is now clear that the architects of this policy are determined to continue to inflict maximum pain on the citizens to achieve their objectives outlined earlier.

20. It was our hope that the Federal Government of Nigeria would welcome this injunction as an opportunity to mitigate the needless human suffering being experienced and correct its course on this matter. There is no emergency situation that justifies the rushed and seemingly deliberate incompetent execution of this policy. We suggested that compliance with the ruling would include adopting a whole-of-government approach, that involves the agencies of the federal and state governments in modifying the design, execution the implementation of the currency redesign policy.

21. Even when confronted with the facts above, the CBN and its masters remain determined to implement their agenda no matter how much human suffering, death and destruction results. It is clear that the architects of this policy always had objectives that are totally in conflict with public interest, peace and the unity of Nigeria. They neither considered our suggestions in line with the Court order, nor respected the unanimous resolution of the Council of State.

22. It is also quite revealing that the Federal Government and its agencies not only disobeyed the February 8th ruling by continuing to say the February 10th deadline stands. It is shocking to see the blatant violation of the subsisting and continuing order of the Supreme Court that ALL the old and new notes should continue to be legal tender until it gives judgment in the case filed by the Kaduna State Government along with several others.

23. The address by the President earlier this morning limiting the legal tender status of old notes to only N200 amounts to total disregard and disobedience of the ruling of February 8th which was extended further yesterday by the Supreme Court. The misguided action of the Attorney-General to mislead the President into engaging in this public violation of the order of the highest court of the land shows how desperate the policy architects are to cause national chaos, by showing open contempt for the judiciary.

24. The decision to recognise only N200 as legal tender till April that the President announced this morning was offered to the state governments as part of proposals for an out-of-court settlement three days ago. The Federal Government asserted that this was offered because all the ‘old’ N1,000 and N500 notes had been destroyed. We rejected the offer and proved to the officials that not a single higher denomination note had been destroyed. We also believe that circulating N200 only to be inadequate in alleviating the suffering that we see every day. We insisted that all the components of the Supreme Court order should be complied with.

25. But back home, what do we do in Kaduna State? My dear of people of Kaduna State, with the foregoing revelations, it is clear that our peaceful coexistence as a state, and a nation, is being placed under deliberate danger using the intentional combination of fuel and cash supply disruptions. These evil people using the instrumentality of the Federal Government and the President as convenient covers are willing to truncate our democracy because they have personally lost out. They are massively deploying resources and tools to defeat the political party that gave us the platform to serve the country just because they could not impose the candidates of their choice. Let us not help them

26. Let us stay calm and peaceful, and support the lawful means being utilised to solve our problems. On behalf of the Kaduna State Government, I wish to assure you that none of you would lose the money you have in old notes. Let no artificial and illegal deadline frighten you. Whether you live in towns, villages or in our isolated rural communities, do not feel stampeded to deposit your old notes in the banks. Hold on to them. Continue to use them as legal tender as ordered by the Supreme Court of Nigeria. No deadline can render them worthless, ever. The law is on your side. The Central Bank of Nigeria Act, 2007 and the Bills of Exchange Act, both oblige the CBN to recognise your old notes and give you value in new notes whenever you bring them to the CBN, even in the next 100 years.

27. Therefore, as your governor, I wish to assure you that the Kaduna State Government, in collaboration with elected legislators, traditional institution, elected local government councils, markets, and traders associations will help you collect, record, document, collate and deliver all your old notes to the Kaduna branch of the Central Bank on your behalf into the new ones immediately after the elections. We will also ensure the delivery of your new notes to your various locations without any hardship or expense on your part. We shall save you any panic and the stress of a long journey from your community to the CBN office in our state capital, from March until December 2023 if need be.

28. For the avoidance of doubt, all the old and new notes shall remain in use as legal tender in Kaduna State until the Supreme Court of Nigeria decides otherwise. I therefore appeal to all residents of Kaduna State to continue to use the old and new notes side by side without any fear. The Kaduna State Government and its agencies shall seal any facility that refuses to accept the old notes as legal tender and prosecute the owners. If need be, we shall take further consequential actions according to the law.

29. While urging you all not to fall for these antics of the enemies of Nigeria, please be patient and continue to exercise resilience in the face of open provocation and deliberate disinformation. We encourage you to be ready with your PVC to vote in the February 25 Presidential and National Assembly elections. We are doing all we can to ensure that it is peaceful, orderly and hitch-free. I appeal to you to understand the shenanigans of these unpatriotic elements in Abuja and ensure you vote massively for the intended victims of these last-minute policies of needless hardship and incitement of the citizens – our party, the APC and its candidates in all the elections.

30. The Kaduna State Government is making this appeal, and taking all these measures to shield our people from the terrible consequences of the currency redesign policy. We seek to protect our people’s hard-earned money, their ability to engage in trade and exchange and buy what they need. We also seek to protect their civic rights, liberties and freedoms under a democratic dispensation. I call on the people of Kaduna State to remain peaceful and vigilant in the face of brazen attempts to engineer crisis in order to get a pretext for unconstitutional or undemocratic actions.

31. In conclusion, our Presidential Candidate, Asiwaju Bola Ahmed Tinubu has asked me to convey his greetings, empathy and words of encouragement to the good people of Kaduna State. He urges us to remain patient, pray for our country and remain vigilant in our pursuit of Renewed Hope.

Thank you all for listening. God Bless Kaduna State. God Bless the Federal Republic of Nigeria.

Nasir Ahmad El-Rufai, CON
Kaduna, 16th February 2023

(CDA NEWS)
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Nairaland / General / El-rufai, Ganduje, Badaru Group Against Buhari by CDAnewsreporter(m): 8:21am On Feb 17, 2023
El-Rufai, Ganduje, Badaru group against Buhari

A week to the 2023 general elections, all is now clear that the ruling All Progressives Congress, APC, is going to the polls as a divided house.

President Muhammadu Buhari, who is the leader of the party, is at the centre of attacks by his one time loyal and close friends.

Governors on the party’s platform are on the offensive against the President, with some of them declaring openly that the President’s orders with regards to the Naira redesign policy would not be obeyed.

Buhari had in a national broadcast on Thursday approved the restoration of the old N200 notes as legal tender. He, however, said the February 10 deadline for the old N1000 and N500 notes remains.

(CDA NEWS)
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Buhari said, “To further ease the supply pressures, particularly to our citizens, I have given approval to the CBN that the old N200 bank notes be released back into circulation.

“And that it should also be allowed to circulate as legal tender with the new N200, N500, and N1000 banknotes for 60 days from February 10, 2023 to April 10 2023 when the old N200 notes cease to be legal tender.”

But Governors on the platform of his party, the APC would not have it.

They are insisting the policy was designed by ‘certain elements’ in the presidency, to stop the APC presidential candidate, Bola Tinubu from winning the presidential election.

Leading the onslaught are Kaduna State Governor, Malam Nasir El-Rufai, Umar Abdullahi Ganduje of Kano State, as well as their Jigawa counterpart, Badaru Abubakar.

El-Rufai and Ganduje are claiming that there was a plan to truncate the country’s democracy and force a military rule.

Their claim is not far from the allegations made by Femi Fani-Kayode, for which he is now a daily guest of the Department of State Services, DSS.

The military was also quick to declare that it had no plan to meddle into the country’s democratic process, warning politicians to be mindful of their utterances.

But the President’s former close men are now voicing out more attacks on his administration.

El-Rufai addressed residents of his State on Thursday evening, asking them to continue using the old Naira notes. This is in total disobedience to the President’s earlier order.

El-rufai urged them to stand up strongly for democracy, peace and national unity.

He said, “Let us stay calm and peaceful, and support the lawful means being utilised to solve our problems. On behalf of the Kaduna State Government, I wish to assure you that none of you would lose the money you have in old notes.

“Let no artificial and illegal deadline frighten you. Whether you live in towns, villages or in our isolated rural communities, do not feel stampeded to deposit your old notes in the banks. Hold on to them.

“Continue to use them as legal tender as ordered by the Supreme Court of Nigeria. No deadline can render them worthless, ever. The law is on your side. The Central Bank of Nigeria Act, 2007 and the Bills of Exchange Act, both oblige the CBN to recognise your old notes and give you value in new notes whenever you bring them to the CBN, even in the next 100 years.

“Therefore, as your governor, I wish to assure you that the Kaduna State Government, in collaboration with elected legislators, traditional institution, elected local government councils, markets, and traders associations will help you collect, record, document, collate and deliver all your old notes to the Kaduna branch of the Central Bank on your behalf into the new ones immediately after the elections.”

While toeing the same path earlier, Governor Umar Abdullahi Ganduje of Kano State came hard on President Buhari, accusing him of refusing to abide by the Supreme Court order.

In an audio recording, Ganduje was quoted in vernacular asking, that, “President Buhari should remember that for several times he was trying to contest Presidency but he couldn’t make it until there was an alliance, but now after enjoying everything, he turned back against the same democratic system that saw him to office”.

He accused the President of refusing to heed genuine advice but chose to do the bidding of those misleading him, even at the detriment of his party, the APC.

“I wonder why the President is hellbent on making the same Party that helped him to win elections lose out, what did we do to him that he is this ignorant on several pieces of advice forwarded to him.

“This same Buhari he contested again and again but he couldn’t win not until there was an alliance. Now he wins and wins again for the second term, now that he is leaving, he wants to cripple the same Party that brought him to power why?

“This Currency Swap Policy, why didn’t the President bring it seven and a half years ago or after elections, but now one must be compelled to think that there is an ulterior motive in the whole thing,” the Kano Governor said.

In Jigawa, the State Government has also said the old naira notes remain legal tender pending the judgement of the Supreme Court.

The state Commissioner for Information, Youths Sports and Culture Bala Ibrahim Mamsa stated this in a statement issued to DAILY POST on Thursday.

According to him “Jigawa State is among the States before the Supreme Court of Nigeria the CBN and the court have issued an order “…restraining the CBN from suspending or determining or ending on the 10th of February, 2023, the time frame within which the now older versions of the 200, 500 and 1000 denominations of the naira may no longer be legal tender pending the hearing and determination of the Motion on notice…”

It enjoined its citizens to desist from disobeying the law and causing hardships to the people of the State.

The State government advised the general public to report any trader or business organisation that refused to accept the old N200, N500, and N1000 notes as legal tender in Jigawa State to the nearest appropriate authorities.

Secretary General of Ohanaeze Ndigbo Worldwide, Mazi Okechukwu Iziguzoro told DAILY POST that the APC governors would be held responsible should the forthcoming general election be truncated.

He wondered why governors should be at the forefront of leading an opposition against a policy by their own party.

He said, “It is indeed an interesting time. No one would have expected that El-Rufai and Ganduje who have been posturing as Buhari’s men would now come out with such an audacity to counter his (Buhari) orders.

“They are talking about disobedience to the Supreme Court order. But let me ask the governors- what did they say when the Federal Government refused to release Mazi Nnamdi Kanu despite an order of the Court of Appeal? Have they been obeying all the court orders in their various States?

“The answer to the above questions is obvious. So, they should stop deceiving Nigerians. They are fighting the policy not because they so love the masses. The truth is that it is for selfish reasons.

“However, Nigerians are watching and listening to their utterances too. Should anything happen to the country’s democracy, they should be held responsible.

“Why should they be talking about military takeover everyday? Is there anything they know which we don’t know? These governors should not hide under immunity to undermine the country’s democratic process.”

“Right now, they are enthroning anarchy and security agencies should not allow it. We cannot understand a situation where a governor would openly counter the President’s order on such a sensitive matter. It is an invitation to anarchy.

“But let it be stressed here that those governors have plans to set the country on fire and the federal government must use its apparatus to stop them,” the Ohanaeze scribe said.

A former federal lawmaker, Shehu Sani, while reacting to the developments, told President Buhari to expect more attacks from the governors.

He tweeted, “The President should expect more attacks from his Party’s Governors.

“He has taken the miracle stick and crossed and wants to leave his men in the middle of the Red Sea.”

It is left to be seen what happens in the next few days, as tension continues to build up preparatory to the presidential poll.

Nairaland / General / El-rufai, Yahaya Bello Storm Supreme Court Over New Naira Policy by CDAnewsreporter(m): 11:10am On Feb 15, 2023

Nairaland / General / DSS Invites Fani-kayode Over ‘coup’ Report by CDAnewsreporter(m): 9:09am On Feb 13, 2023
The Department of State Services, DSS, has invited a spokesperson for the All Progressives Congress, APC, presidential campaign council, Femi Fani-Kayode over allegations of a coup plot ahead of the February election.

Fani-Kayode confirmed the invitation by the DSS in a statement on Monday, stating that he would be honouring the invitation this morning, Monday.

FFK, a former Minister of Aviation had claimed that the Peoples Democratic Party, PDP, presidential candidate and top military generals had a secret meeting last week.

He alleged that the meeting may be part of an agenda to provoke a coup d’etat and establish a new and unconstitutional order in the country.

But in response, the Defence Headquarters denied planning to scuttle the general elections, reiterating the loyalty of the armed forces to the constitution and civilian authority.

www.cdanewsonline.com

Nairaland / General / Major 10 News Update You Need To Know This Monday Morning by CDAnewsreporter(m): 7:08am On Feb 13, 2023
Good morning! Readers Here is today’s summary from Nigerian Newspapers:

1. Governorship candidate of the Labour Party in Kano State, Bashir Ishaq Bashir, met with Asiwaju Bola Tinubu, Presidential candidate of the ruling All Progressives Congress (APC), on Sunday evening. The outcome of the meeting is yet unknown but sources said it was centered on a defection.

2. Governor Nasir El-Rufai of Kaduna State has dropped yet another bombshell in the buildup to the 2023 elections. In an interview on Sunday, the governor said he no longer believes in the quality of leadership around President Muhammadu Buhari.

3. The Kano State government, through the Consumer Protection Council, on Sunday, shut popular supermarket, Wellcare, over its refusal to accept old Naira notes. According to the Acting chairman of the council, Baffa Babba Danagundi, the supermarket was shut shortly after Governor Abdullahi Umar Ganduje gave the order.

4. A heavily pregnant woman in Kasuwan Magani, Kajuru Local Government Area of Kaduna State, lost her life due to the unavailability of the new naira notes in banks. James Auta, the deceased’s husband, said his wife was rejected by the hospital when he could not make a payment due to a cash crunch.

5. The Christian Association of Nigeria, on Sunday, distanced itself from the alleged N2bn claimed to have been given by the presidential candidate of the Labour Party, Peter Obi, to churches under its umbrella. The Christian body also said it would probe the source of the petition, in which the allegation was made, describing its content as untrue and malicious.

6. The Nigeria Employers’ Consultative Association, in a statement yesterday, said the Central Bank of Nigeria does not understand the naira crisis challenges, pointing out that the apex bank appears not to have a solution to the economic problems caused by the naira redesign policy.

7. The Lagos State Police Command has launched a manhunt for the driver of Luyol Secondary School, Iju, Jacob Fatokin, for allegedly killing a father who accused him of sexually molesting his daughter in the State. It was gathered that the victim’s parents, after being notified of the driver’s illicit act against their daughter, had visited the school to tender an official complaint against the driver.

8. The Lagos State Government has ordered the temporary closure of Chrisland School, located at Opebi-Ikeja, in the sequel to the reported death of a student of the School, Whytney Adeyemi. The order was contained in a statement by the State Commissioner for Education, Mrs. Folasade Adefisayo on Sunday.

9. The presiding pastor of the Abuja chapter of the House on the Rock, Pastor Uche Aigbe, mounted the pulpit bearing an AK-47 rifle on Sunday. The incident, which caused a stir in the church auditorium, happened during the second service, which frequently has a high number of members who attend from different parts of the nation’s capital.

10. Gunmen have shot to death one 32-year-old Sule Yahaya, a final year student of the College of Education (COE), Akwanga, Nasarawa State, in Sabo community, Kuje Area Council of the FCT. A relative of the deceased, Danlami Aliyu, said the incident happened last Thursday night when his assailants dragged him out of his room and shot him in the chest.

and

Politics / ABIA APGA Has No Guber Candidate, Court Of Appeal Rules* by CDAnewsreporter(m): 5:35am On Feb 09, 2023
*ABIA APGA Has No Guber Candidate, Court Of Appeal Rules*
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Nairaland / General / Abia Pdp Victory Movement Congratulates Chief Ahiwe by CDAnewsreporter(m): 9:18pm On Feb 08, 2023

Nairaland / General / Abia Assembly Confirms Hon. William Ukatu , Buchi Imoh And Other 16 LG Transitio by CDAnewsreporter(m): 6:11pm On Feb 08, 2023
*Abia Assembly confirms Hon. William Ukatu , Buchi Imoh and Other 16 LG Transition committee chairmen and Deputies*
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Nairaland / General / Ikwuano One Voice Initiative Felicitates With The Newly Appointed Transition Com by CDAnewsreporter(m): 9:30am On Feb 08, 2023
*Ikwuano One Voice Initiative felicitates with the newly appointed Transition Committee Chairman, Deputy and Sec-LOG*
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Nairaland / General / Ikwuano Young Leader’s Organisation ( IYLO) Congratulates Hon. William Ukatu,hon by CDAnewsreporter(m): 2:15pm On Feb 07, 2023
Ikwuano Young Leader’s Organisation ( IYLO) Congratulates Hon. William Ukatu,Hon Buchi Imoh and Ugochukwu Ugboh on their New Appointments.

https://cdanewsonline.com/ikwuano-young-leaders-congratulates-hon-william-ukatuhon-buchi-imoh-and-ugochukwu-ugboh-on-their-new-appointments/

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