Guests at a recent event in Port Harcourt were allegedly given new naira notes and two yam tubers each.
The chairs at the venue were carefully arranged in the photos that circulated online, and two tubers of yam as well as new naira notes were spotted on the chairs.
SUGGESTION: You can get News updates directly on WhatsApp by clicking “HERE”.
This is happening amid the naira scarcity and struggles Nigerians have been facing since the release of the newly designed naira notes.
Reacting to this, @nwabundo51 wrote: “They created this chaos so that they can easily learn the people with this cuz they know that a lot of people are hungry”
@Enoredia said: “Wow I thought they turned people to yam 😂.”
@prince_chinedu_stephen wrote: “What’s happening here??? don’t tell me if politicians hand work.”
Hailie, the daughter of legendary American rapper Eminem, is now engaged to Evan McClintock, her long-term boyfriend.
Hailie, Eminem’s 27-year-old daughter, is now engaged. Hailie revealed on Instagram last night that Evans proposed to her on one knee. She, of course, said yes.
SUGGESTION: You can get News updates directly on WhatsApp by clicking “HERE”.
Hailie shared photos from the night. Evans, her future husband, wore a white button-down shirt, beige slacks, brown boots, and a black peacoat.
Hailie, on the other hand, rocked a pair of dark gray jeans, a black leather jacket, and booties. Close-up photos of her ring were also shared, and her fans could not help but gush at the wonder.
Taking to Instagram, Hailie wrote:
“casual weekend recap… 😭💗 2.4.23 💍 i love you @evanmcclintock11”
Abdulrasheed Bawa, the chairman of the Economic and Financial Crimes Commission, has been ordered to be arrested and held without bail by the Kogi State High Court.
Abdulrasheed Bawa
The court ordered that Bawa be remanded in Kuje prison for disobeying a court order.
SUGGESTION: You can get News updates directly on WhatsApp by clicking “HERE”.
Justice Rukayat Ayoola in his judgment on Monday, February 6, also directed the Inspector General of Police to ensure compliance because the EFCC boss committed contempt of court.
The judge ruled that Bawa should be remanded for the next 14 days for disobeying a court ruling delivered on November 30, 2022, wherein he was directed to produce the applicant in a case, Ali Bello.
Counsel to the applicant, Sumaila Abbas, had dragged Bawa to court for arresting and detaining Ali Bello illegally, with the court ruling in his favor, only for the EFCC to arraign him for alleged money laundering three days after the ruling.
But, EFCC’s applications for setting aside and staying off the execution of the ruling were refused for want of merit.
Recall that an Abuja High Court sitting in Maitama inNovember 2022 convicted Bawa for contempt of court.
Tems, a Grammy award-winning singer, breaks her silence after winning the 65th Grammy Awards as the first Nigerian female act.
On Sunday, the Afrobeat singer won the award for “Best Melodic Rap Performance” for her contribution to the 2022 hit “Wait for U” by American rappers Future and Drake.
SUGGESTION: You can get News updates directly on WhatsApp by clicking “HERE”.
In an interview with Rolling Stone magazine, Tems recalled how she used to listen to several prominent singers who she now works with.
“It is incredible, I get to work with people that five years ago were on my playlist. I was jamming to them and now I am working with them, it is such a pleasure and I feel like this is just the beginning.
“The song, with U was taken from my record, Higher, they reached out to me and they told me they would use it as a sample and I felt it was amazing. I thought the song was interesting and amazing the way it got together.”
A Nigerian man who goes by the handle @frezze44 on the popular app TikTok has revealed his feelings for a female banker at Zenith Bank.
In a trending video, Frezze44 revealed how he has been trekking for hours to the bank just to see his crush.
SUGGESTION: You can get News updates directly on WhatsApp by clicking “HERE”.
The short video showed him walking to the bank and subsequently filming the pretty lady with dark skin who stays at the counter.
Sharing the video on TikTok, he wrote: “So I had to go to bank on Monday morning just to see my crush who happens to be a banker. I walked into the bank. I waited a customer service for a few minutes and she walked pass.
“I followed her upstairs. I saw her attending to customers she’s so hard-working and beautiful.”
Reacting to the video, @official Mary wrote: “She can talk for Africa and she sabi do ojoro ehn. I no like her for anything.”
@User7180127473892999 said: “Your crush no get nyash.”
@Girlie added: “You sure say nor be scarcity of cash make you start to de crush on her.”
Hameem Nuhu Sanusi was unanimously elected as the new Emir of Dutse by the emirate’s seven kingmakers.
The 43-year-old Sanusi is the son of the late Emir of Dutse, Dr. Nuhu Muhammad Sanusi who died five days ago.
SUGGESTION: You can get News updates directly on WhatsApp by clicking “HERE”.
The appointment, which was backed by the Jigawa State Council of Chiefs and approved by the state governor, Muhammad Badaru Abubakar, is effective from February 5, 2023.
It was gathered that the State Government presented the appointment letter to the new Emir at the Garu Palace in Dutse on Sunday, February 5, 2023.
The late Emir of Dutse, who ruled the emirate for 28 years, passed away at Cedercrest Hospital in Abuja on January 31 after a brief illness.
The appointment of his son as the new Emir follows a long-standing tradition and underscores the commitment of the state to preserving its cultural heritage.
The Premier League has referred Manchester City to an independent commission for alleged financial rule violations.
The alleged breaches span a period from the 2009-10 season to the 2017-18 Premier League campaign.
SUGGESTION: You can get News updates directly on WhatsApp by clicking “HERE”.
The charges relate to financial information regarding revenue, details of manager and player remuneration, UEFA regulations, profitability, and sustainability and cooperation on with Premier League investigations.
The Premier League said in a statement;
“In accordance with Premier League Rule W.82.1, the Premier League confirms that it has today [February 6 2023] referred a number of alleged breaches of the Premier League Rules by Manchester City Football Club (Club) to a commission under Premier League Rule W.3.4.
“Commissions are independent of the Premier League and member clubs. The members of the commission will be appointed by the independent chair of the Premier League judicial panel, in accordance with Premier League rules W.19, W.20 and W.26.
“The proceedings before the commission will, in accordance with Premier League rule W.82, be confidential and heard in private. Under Premier League rule W.82.2, the commission’s final award will be published on the Premier League’s website.
“This confirmation is made in accordance with Premier League rule W.82.1. The Premier League will be making no further comment in respect of this matter until further notice.”
BREAKING: Man City charged by Premier Leaue with numerous breaches of financial rules following a four-year investigation. This is unprecedented: pic.twitter.com/ZGzdX210qP
Since being taken over by the Abu Dhabi group in 2008, Manchester City have become one of football’s powerhouses thanks to considerable financial investment.
The arrival of the Gulf based owners heralded a new era of unprecedented success with the club winning six Premier League titles since the takeover.
Under the guidance of former Barcelona and Bayern coach Pep Guardiola, City won the Premier League in the 2017-18 season, becoming the only team in the competition history to attain 100 points in a single season. In 2018–19, they won four trophies, completing an unprecedented sweep of all domestic titles in England and becoming the first English men’s team to win the domestic treble.
The Champions League title remains ‘unfinished business’ for the Sky Blues after the 2021 final defeat to Chelsea in Porto.
Three APC-ruled state governments have taken the Federal Government of President Muhammadu Buhari to court over the Naira Redesign Policy, which has resulted in a severe cash shortage in the country.
President Muhammadu Buhari
The three states – Zamfara, Kaduna, and Kogi in a motion ex-parte filed before the supreme court, seek for an an interim injunction stopping the CBN from ending the timeframe within which the old N200, N500, and N1000 notes will cease to be legal tender.
SUGGESTION: You can get News updates directly on WhatsApp by clicking “HERE”.
The Plaintiffs in the suit are the three Attorneys-General and Commissioners of Justice of the three states, while the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), is the sole Respondent.
The Plaintiffs said that since the announcement of the new naira note policy, there has been an acute shortage in the supply of the new naira notes in Kaduna, Kogi and Zamfara States and that citizens who have dutifully deposited their old naira notes have increasingly found it difficult and sometimes next to impossible to access new naira notes to go about their daily activities.
They also cited the inadequacy of the notice coupled with the haphazard manner in which the exercise is being carried out and the attendant hardship same is wrecking on Nigerians, which has been well acknowledged even by the Federal Government of Nigeria itself.
The Plaintiffs further maintained that the ten-day extension by the Federal Government is still insufficient to address the challenges bedeviling the policy.
Recall that over the weekend, the CBN Governor at a press conference held in Lagos insisted that the apex bank will not extend the deadline for swapping old naira notes with the newly redesigned ones.
In the suit filed at the apex court, the Plaintiffs have also filed a motion on notice to abridge the time within which the Respondent may file and serve his Counter-Affidavit to this Suit and an order for an accelerated hearing of this matter.
The states are seeking a declaration that the Demonetization Policy of the Federation being currently carried out by the Central Bank of Nigeria under the directive of the President of the Federal Republic of Nigeria is not in compliance with the extant provisions of the Constitution of the Federal Republic of Nigeria 1999 (as amended), Central Bank of Nigeria Act, 2007 and actual laws on the subject.
They are also asking the court to make a declaration that the three-month notice given by the Federal Government of Nigeria through the Central Bank of Nigeria under the directive of the President of the Federal Republic of Nigeria, the expiration of which will render the old Banknotes inadmissible as legal tender, is in gross violation of the provisions of Section 20(3) of the Central Bank of Nigeria Act 2007 which specifies that Reasonable Notice must be given before such a policy.
The Plaintiffs are also urging the court for a declaration that given the express provisions of Section 20(3) of the Central Bank of Nigeria Act 2007, the Federal Government of Nigeria, through the Central Bank of Nigeria, has no powers to issue a timeline for the acceptance and redeeming of banknotes issued by the Bank, except as limited by Section 22(1) of the CBN Act 2007. The Central Bank shall at all times redeem its bank notes.
The Plaintiffs further want the court to direct the immediate suspension of the demonetisation of the Federal Government of Nigeria through the Central Bank of Nigeria under the directive of the President of the Federal Republic of Nigeria until it complies with the relevant provisions of the law.
In an affidavit filed in support of the suit and sworn to by the Attorney General and Commissioner for Justice, Kaduna State, Aisha Dikko, she averred that although the naira redesign policy was introduced to encourage the cashless policy of the Federal government, it is not all transactions that can be conveniently carried out through electronic means.
She maintained that several transactions still require cash in exchange for goods and services hence the need for the Federal Government to have sufficient money available in circulation for the smooth running of the economy.
Dikko also pointed out that the Federal Government has embarked on the policy within a narrow and unworkable time frame, and this has adversely affected Nigerian citizens within Kaduna, Kogi and Zamfara States as well as their Governments, especially as the newly redesigned naira notes are not available for use by the people as well as the State Governments.
“That the majority of the indigenes of the Plaintiffs’ states who reside in the rural areas have been unable to exchange or deposit their old naira notes as there are no banks in the rural areas where the majority of the population of the states reside.
“Most people in rural areas of the Plaintiffs’ states do not have bank accounts and have so far been unable to deposit their life savings which are still in the old naira notes.
“There is restiveness amongst the people in the various states because of the hardship being suffered by the people, and the situation will sooner than later degenerate into the breakdown of law and order.
“The Plaintiff State Governments cannot stand by as they are duty-bound to protect citizens in their states and prevent the breakdown of law and order.
“I know that if the Federal Government of Nigeria had given sufficient and reasonable time for the naira redesign policy, all the current hardship and loss being experienced by the Plaintiffs’ State Governments as well as people in the various states would have been avoided.
“I know that the 10-day extension by the Federal Government is still insufficient to address the challenges bedevilling the policy. I also understand that the Federal Government cannot bar Nigerians from redeeming their old naira notes at any time, even though the senior notes are no longer legal tender.
“Unless this Honourable Court intervenes, the Government and people of Kaduna, Kogi and Zamfara State will continue to go through a lot of hardship and would ultimately suffer great loss as a result of the insufficient and unreasonable time within which the Federal Government is embarking on the ongoing currency redesign policy,” she stated.
No date has been fixed for the hearing of the suit.
Point of Sales (POS) operators have resorted to exploiting Nigerians as Naira scarcity bites harder across the country.
Recall that prior to the introduction of the policy, POS operators charged N100 for every N5000 (and below) cash withdrawal, but the situation has changed.
SUGGESTION: You can get News updates directly on WhatsApp by clicking “HERE”.
But currently, POS operators now charge between N300 to N400 on every N1000 withdrawn via the terminal.
This new measure was observed by a correspondent of the Daily Post during an attempt to make a withdrawal in Apo Resettlement area of Abuja.
While several POS operators were noticed to have shut down their businesses, the very few operating were at exorbitant rates.
In an attempt to make a withdrawal in Apo Resettlement, a POS operator told our correspondent: “We now charge N300 for every N1000 you withdraw from here, and the reason is that there is no money. Some of us have to stay long on queues in banks to use their ATM.”
Another POS operator lamented that they were buying the money.
“There is no money anywhere, some of us have to resort to buying this money, and this is one of the reasons our charges are high,” she said.
Asked if the charges are for the new naira notes alone, she said no, adding that “both old and new naira notes are the same thing; naira is very scarce now. It’s difficult to come by, so we charge N400 for every N1000 on both old and new.”
A customer identified as Dorcas, described the new policy by the Central Bank of Nigeria, CBN, as “a devilish policy.”
Stressing that the policy was of no benefit to Nigerians, Dorcas said: “This policy by the CBN is devilish because it’s of no benefit to Nigerians. I walked from Amazing Grace Plaza inside Apo Resettlement to this entrance and most of the POS outlets have closed down because there is no money.
“You have the money in the bank but can’t withdraw because of this policy, not to talk about the N300 to N400 naira charges on every N1000 withdrawal.”
Commenting on the situation, a staff of FCMB alleged sabotage.
“The only way is for the CBN to increase their supply of the new naira notes,” he said.
