₦airaland Forum

The Auditor-General of the Federation don expose say Central Bank of Nigeria (CBN) under former Governor Godwin Emefiele re-circulate dirty naira notes wey total N29.77bn, wey violate CBN own Clean Note Policy.

The wahala dey inside Auditor-General Annual Report on Non-Compliance and Internal Control Weaknesses for MDAs, wey cover year wey end 31 December 2022. The report talk say plenty CBN branches dey issue notes wey dem don mark as “Counted Audited Dirty”, meaning notes wey no fit dey circulate.

Audit report show say CBN release these dirty notes for Abuja, Lagos, Bauchi, and Jos from April to December 2022. Abuja branch carry majority of the wahala, N28.615bn na Oct–Dec 2022. Lagos branch release N970m, Bauchi N30m, Jos branch release N50m and N100m on May 16 and May 27, 2022.

Auditors talk say: “Audit see say Counted Audited Dirty notes worth N29,765,000,000.00 re-enter system again by CBN”. Dem explain say this break Clean Note Policy Version 0.1 (2018) wey say only fit notes suppose enter circulation, while unfit notes no suppose release by CBN or commercial banks.

Dem blame weak internal control inside CBN. Dem warn say re-circulating dirty notes fit spoil Nigeria image and reduce naira lifespan.

CBN try explain for different branches. Abuja branch blame COVID-19 and cash shortage. Bauchi branch deny say dem release unfit notes. Jos branch talk say military cash need make them release am. Lagos branch blame Christmas season demand.

But Auditor-General reject all these explanations, talk say dem no satisfy. Dem insist say findings go remain valid until CBN take proper action.

Dem recommend say CBN Governor suppose appear before National Assembly Public Accounts Committee to explain, and if no fit, apply sanctions under Financial Regulations.

Report still show say this wahala happen alongside CBN naira redesign programme wey start October 2022, wey cause cash scarcity, legal wahala, and Supreme Court later extend old notes validity.

Audit also talk say delayed destruction of unfit notes dey problem. 997 boxes of N10 notes worth N99.7m, declared unfit since Nov 2021, still dey vault Oct 2023. Also, 695 boxes of N500 notes worth N3.475bn never destroy. Total N3.57bn unfit notes dey accumulate because of delay for briquetting and disposal.

Auditors warn say delay fit cause theft, loss of public funds, and inefficiency. CBN talk say destruction don start, but auditors no accept am.

This wahala add pressure on Emefiele, wey already dey face multiple corruption charges. Audit no directly accuse am, but CBN management during that period dey responsible.

Federal Government through EFCC and Attorney-General dey prosecute Emefiele for 19-count fraud case in Lagos and 20-count procurement case in Abuja, plus other pending charges.

Bank workers and customers complain say old dirty notes wey CBN reintroduce fit carry disease.

Las las, all of them dey run am, na when the other person no sort na em e go cast.

Source: https://www.aproko.com.ng/2025/11/cbn-wahala-dirty-naira-notes-worth.html

Pastor Chris Oyakhilome, wey start Christ Embassy, dey reportedly dey manage fast-growing business empire wey cover banking, healthcare, fintech and social media, aside from leading one of Africa biggest Pentecostal church.

According to new findings wey dey waka for social media, the church Department of Commerce na the main hub wey dey run plenty big business wey relate to the ministry. Pastor Chris dey control many Loveworld companies through this setup.

One big one na Parralex Bank, wey be national commercial bank wey Central Bank of Nigeria license. The bank get branches all over Nigeria and Christ Embassy branches dey advised make dem open account for the bank.

The ministry also dey linked to Loveworld Medical Centre, wey be modern hospital and healthcare facility.

For tech side, the church dey run KingsChat, their own social media platform, and KingsPay, fintech service wey dey compete with big payment companies like Paystack and Flutterwave.

Observers dey talk say the fast growth of these businesses, especially Parralex Bank in the past three years, show how big Pastor Chris business influence dey beyond church pulpit.

Even though people sabi am for global evangelical work, these latest findings show say im influence don reach deeply into Nigeria corporate world.

We just hope say people no go come dey use this kain matter start dey talk say men of God dey after money, dey collect tori and dey run business for selfish reason. Make dem sabi say na God work, strategy, and im vision dey drive the business side, and im still dey preach, dey help people spiritually. E dey important make we dey focus on the good wey dey happen, dey encourage positive works, and no go just dey judge men of God wey dey combine faith and business smartly.

Source: https://www.aproko.com.ng/2025/11/pastor-chris-oyakhilome-don-dey-run-big.html

President Bola Tinubu don talk say the biggest problem wey dey disturb am for Nigeria na insecurity, especially the one wey dey happen for Northern part of the country.

Tinubu yarn this one on Saturday for Kaduna during the 25th Anniversary celebration of the Arewa Consultative Forum (ACF) and the launch of the organisation Endowment Fund.
Because Tinubu no fit show for the event, the Speaker of the House of Representatives, Tajudeen Abbas, represent am.

According to the president, Nigeria need urgent action to rebuild trust, bring unity back and make communities for North dey safe again.

Tinubu talk say the security matter must get serious attention so e no go continue to spoil economy and scatter education for many Northern states.

Him talk say:

“Nothing dey trouble my mind pass the security crisis wey dey face Nigeria, especially Northern Nigeria. How country wan take waka well when one leg don paralyse?”

Tinubu explain say him government inherit plenty security wahala, but dem dey face am “with urgency and determination.”

Government dey fight terrorists, bandits and all criminal groups
The president talk say him administration dey work hard to wipe out terrorist and bandit groups wey don turn Northern Nigeria to war zone. He say the aim na to bring back economic progress and make people fit live their normal life again.

Tinubu still talk say him dey hope say the economic future of the North go shine well soon. According to am, one day crude oil tanker go begin roll out from Kolmani and other oil fields wey dem dey develop for Northern region.

More roads dey come: Abuja, Kaduna, Kano superhighway dey fast-track
The president also mention some major infrastructure projects wey dey move fast, including the Abuja–Kaduna–Kano superhighway.
Tinubu talk say these roads go help business, movement and general growth for the North.

North must begin talk truth; Tinubu warn leaders
Tinubu warn Northern leaders say dem must dey bold, truthful and courageous to face the problems wey dey affect the region. He talk say make nobody pretend say everything dey okay when people dey suffer.

Him talk say:

“We don fail the day we sleep peacefully while millions dey sleep with empty stomach. We don fail the day fear become permanent companion for travellers.”

The president talk say even though decades of bad leadership and wahala don scatter unity, the kind people wey show face for the ACF anniversary dey prove say Northerners still get mind to unite and fight for better future.

He praise the ACF say for 25 years, dem don dey act as the conscience of Northern Nigeria, always dey defend fairness, dignity and equality for ordinary people.

Make leaders return to the values wey build Arewa
Tinubu call on all leaders, political, traditional, social and community, to go back to the original values wey guide the ACF founders. He talk say unity and stability of Northern Nigeria important well-well to the peace and progress of the whole country.

Source: https://www.aproko.com.ng/2025/11/nothing-dey-worry-me-pass-nigeria.html