The Central Bank of Nigeria (CBN) on Monday said old N200, N500, and N1,000 banknotes remain legal tender Till December 31, 2023.

The apex bank’s Acting Director of Corporate Communications, Isa AbdulMumin stated this in a statement on Monday.

“In compliance with the established tradition of obedience to court orders and sustenance of the Rule of Law Principle that characterized the government of President Muhammadu Buhari, and by extension, the operations of the Central Bank of Nigeria (CBN), as a regulator, Deposit Money Banks operating in Nigeria have been directed to comply with the Supreme Court ruling of March 3, 2023.

“Accordingly, the CBN met with the Bankers’ Committee and has directed that the old N200, N500 and N1000 banknotes remain legal tender alongside the redesigned banknotes till December 31, 2023.

“Consequently, all concerned are directed to conform accordingly.”

The highest court of the land had on March 3 ordered that old N200, N500, and N1000 notes remain valid till December 31, 2023. This was after 16 states of the Federation instituted a suit to challenge the legality or otherwise of the introduction of the policy.

kingphilip:


Not at all. We are already in the finals of 68kg women wrestling whatever and we are either bagging in gold there or silver.

So two is actually assured compared to the last Olympic we participated in in 2016 with zero medal

grossintel:
I'm disappointed, this is an example of irrational thinking. He can as well encourage FG to ban mobile phone and laptops entirely since yahoo boys use it for fraud.

Ban kitchen knives because women are now using it to kill their husbands and boyfriends.

The benefits of social media can never be overlooked, if not for YouTube I wouldn't have learnt coding, graphics design or game development.

If not for Nairaland, I wouldn't have known freelancing works and how to go about getting clients abroad who pay well.

If not for Facebook, I wouldn't know the best and trending products to dropship.

If not for Twitter, SARS will still be out there killing youths for owning an iPhone.

Whats my own, can they really sensor social media? I don't think it's ever going to happen. Nigerians are very smart people with dump leaders so they will end up paying catchup.

Governor Okezie Ikpeazu of Abia State believes violence is not the best way to achieve the creation of an independent Biafra nation, insisting that there are better means of going about such agitation.

Ikpeazu noted this when he featured as a guest on Channels Television’s Sunday Politics, recalling his experiences during the Nigerian Civil War.

“I don’t believe in Biafra through the barrels of the gun because I saw a little bit of the Civil War and I don’t want that kind of thing and I don’t see the prospects of that venture and I don’t want anything that will be suicidal,” the governor said during the show.

The proscribed Indigenous Peoples of Biafra (IPOB) which is spearheading recent agitations for the creation of the nation had issued a sit-at-home order in the southeast but the governor said he does not recognise the group, and waved off the move.

“As far as we are concerned in Abia, there is nothing like IPOB,” Ikpeazu said but admitted that “it is difficult to proscribe an ideology.”

While advocating for justice and equity in the nation, the Abia governor argued that some of the agitations from Nigerians are germane and should be addressed.

“If Biafra is a metaphor for agitation against injustice in any way, then there is Biafra in the heart of every Nigerian,” he added, just as he called on the citizens to project things that unite the nation.

The governor who recalled that the late women’s rights activist and social mobilizer Margaret Ekpo was a councilor in Abia State, and that someone from Kano State was once a mayor in Enugu State, lamented the rising level of disunity in Nigeria.

“Why are we not taking steps to build bridges? Rather we are emphasizing things that divide us – ethnicity, religion – all those things that divide us,” the governor said.

A Nigerian court had in 2017 outlawed IPOB with the Federal Government designating the group as terrorists.

Clashes between members of the separatist body and the country’s security agencies have made headlines in recent months, heightening fears in the region.

The Nigerian Army had on Saturday reiterated its commitment to crushing Boko Haram terrorists, IPOB, as well as end all forms of criminality in the country.

Nigeria’s Chief of Army Staff (COAS) Major General Farouk Yahaya who stated this during the passing out parade of the 80 regular recruits intake at the Nigerian Army Depot, Zaria in Kaduna State, admitted that the country is facing severe security challenges.

“Nigeria is facing numerous security challenges occasioned by the activities of Boko Haram terrorist group, armed bandits kidnappers, IPOB and other criminal elements. We would not rest on our oars until this country is safe for all of us,” he said at the event where he was represented by the General Officer Commanding One Mechanized Division of the Nigerian Army, Major General Danjuma Ali-Keffi.

President Muhammadu Buhari says Nigeria is concerned about Libya’s stability because issues affecting the North African nation greatly impact the Lake Chad Basin, which in turn affects Nigeria.

The Nigerian leader said this on Wednesday when he hosted the Chairman, of the Presidential Council of Libya, Mohammed Younis Menfi, in Abuja.

“Republics of Chad, and Niger, have extensive borders with Libya, and they are our immediate neighbours,” Femi Adesina, one of the presidential spokesmen, quoted his principal as saying. “Whatever affects them affects us. The stability or instability of Libya will directly affect us.”

Buhari expressed joy over Menfi’s attendance at the Summit of Lake Chad Basin Commission held on Tuesday to discuss the crisis in Chad and the implications for security in neighbouring nations.

Menfi believes Nigeria and Libya need each other to tackle their common challenges. Photo: Twitter@Mbuhari

The Libyan leader who said his country is making progress in the fight against insecurity informed President Buhari that Libya “now have one government, active on the ground”.

“We are expelling the mercenaries, and unifying the instructions,” he stated. According to him, plans are on the way to hold elections in the country.

Nigeria and Libya, he said, share historical relationships especially in the agriculture and oil sectors, and could not ignore each other.

“We aspire for joint cooperation, and reactivation of previous agreements,” Menfi added.

A Region Facing ‘Severe Challenges’

President Buhari had repeatedly linked the renewed crime wave in Nigeria to instability in Libya.

“The problem of herders in Nigeria is a very long historical thing. The Nigerian herders don’t carry anything more than a stick and occasionally a matchet to cut down foliage and give it to their animals, these ones are carrying AK-47,” the 78-year-old said during a meeting with former US President, Donald Trump in 2018.

“So, people should not underrate what happened in Libya. 43 years of Ghaddaffi, people were recruited from the Sahel and trained to shoot and kill. With the demise of Ghaddaffi, they moved to other countries and regions and carried the experience with them.”

Buhari who swept to power on a three-pronged promise which included tackling insecurity and repositioning the country’s economy is also calling for cooperation among nations in the Sahel region in the battle against insecurity.

‘‘Our region is faced with difficult, several challenges that need the support and engagement of all to overcome,” he said on Tuesday at the opening of the Extraordinary Summit of Heads of State and Government of the Lake Chad Basin Commission (LCBC).

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Gas 3kg-3k(used one on Jiji)
Filling-#1200
Frying pot medium-3k
Small stew pot-1k
Yam-#1500
Potatoes-1k
Oil 5litre-4k
Pepper and it's accessories-1k
Ponmo-#500
Plantain-1k
Nylon-#500
Small Plates 1dozen-2k
Fork 1dozen-#600
Purewater 2bags-#340
Big umbrella-#9500
Umbrella holder from welder-5k
Medium speaker plus memory card-5k