Banks Will Accept Old Naira Notes After Deadline - Emefiele

 Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says banks will continue to accept old naira notes after the stipulated deadline.

Emefiele spoke on Tuesday when he appeared at an interactive session with the house of representatives ad hoc committee on the currency redesign and naira swap policy.

He said the CBN will also accept the old naira from banks after the February 10 deadline.

Emefiele made reference to the CBN act mandates the apex bank to continue to accept old notes after it’s expiration.

Section 20 (3) of the CBN act states: “Notwithstanding sub-sections (1) and (2) of this section, the bank shall have power, if directed to do so by the president and after giving reasonable notice in that behalf, to call in any of its notes or coins on payment of the face value thereof and any note or coin with respect to which a notice has been given under this sub-section, shall, on the expiration of the notice, cease to be legal tender, but, subject to section 22 of this act, shall be redeemed by the bank upon demand”.

Emefiele Has Weaponised The CBN - Femi Fani-Kayode

 Emefiele Has Weaponised The CBN And Is An Enemy Of Democracy - FFK

Former Aviation Minister, Femi Fani-Kayode, has slammed the governor of the Central Bank of Nigeria, Godwin Emefiele, over the new monetary policy, IGBERETV reports.

The CBN in December 2022, introduced the newly redesigned N200, N500, and N1000 notes and has said they will cease to be legal tenders by February 10.

Taking to his Instagram page, FFK stated that Emefiele has ''weaponised the CBN and is an enemy of democracy.'' He called for the cancellation of the new Naira notes policy until after the elections.

He wrote;

''Emefiele has weaponised the CBN and is an enemy of democracy.

The policy of cancelling old notes must be totally cancelled until AFTER the election and then done lawfully.

He wants to cause a crisis, provoke a people's uprising, derail our democracy and pave the way for an ING.

He has NO plans to release enough new naira notes any time soon.

He wants to STARVE the people of cash and drive them to rage out of frustration.

This is not about politics but about stoking up protest and revolution. This is subversion and destablisation.

He must be stopped and caged!

(FFK)''

Blue Water Coming Out Of South African Taps

A Johannesburg resident was shocked when she opened her tap only to find blue water coming out of the tap.

The incident happened on Monday while most areas were under water restrictions.

Speaking to IOL, Ntombi said the blue water eventually stopped coming out.

“Joburg Water has reached out and they will come assess the situation,” she said.

Joburg Water spokesperson Puleng Mopeli said they managed to obtain the address of the complainant and sent a request to their lab to take samples.

“It is suspected to be copper from the building. However, we will confirm once the results are issued from the lab which will be 24 hours after the samples have been tested,” said Mopeli.

Earlier, Johannesburg Water warned residents that parts of the city may experience low water pressure from their taps, with the possibility of no having water in some areas due to low levels in reservoirs.

A power failure at the Eikenhof pump station over the weekend limited water supplies in the city's western districts.

According to Johannesburg Water, City Power has finished making repairs at the pump station, and pumping is now operating at full capacity.
 

The Independent National Electoral Commission INEC on Monday published the Notice of Polls for the 2023 General Election. This was as it undertook a self-audit of its preparations for the polls and declared that it was good to go. INEC Chairman, Prof. Mahmood Yakubu made the declaration when he received in audience the President and Chief Executive Officer CEO of the International Foundation for Electoral Systems IFES, Mr. Anthony N. Banbury. So far, the Commission has successfully implemented 12 out of 14 activities in the Timetable and Schedule of Activities Section 44 of the Electoral Act 2022 (as amended) provides that the Notice of Polls must be published not later than 14 days before the election cause to be published, a notice specifying the date and hours fixed for the poll; the persons entitled to vote; and the location of the polling units. “This meeting is holding today when we are implementing the 12th activity – the Publication of the Notice of Polls – meaning that we have so far successfully implemented 12 out of 14 activities on schedule. “So, there are only two activities outstanding. The first one is the end of campaign by political parties, which by law is 24 hours before polling day, which is going to be on the 23rd of February for the Presidential and National Assembly elections and the 10th of March for the States governorship and States Assembly, and then, the election day proper, which is on the 25th of February for the Presidential and National Assembly and on the 11th of March for the state elections”, he stated. While he said the logistics arrangement for the polls has been reassuring, the INEC chairman added that the technological innovations for the elections have been tested and that the Bimodal Voter Accreditation System, BVAS, would again be tested this Saturday in a nationwide mock accreditation exercise. He said; “The preparation has gone on very well. And then with the benefit of the new Electoral Act, we have more time to prepare than our predecessors had in the past. We are working with the National Union of Road Transport Workers to make sure that we get logistics right so that we deploy personnel and materials to locations early enough so that we can open the polling units, conclude the processes at the polling units and quickly declare the outcome of the elections, as decided by Nigerians swiftly. The earlier we conclude the processes, the speed with which we also declare winners and conclude the processes”. Earlier, Mr Banbury said his team was at the commission to pay respects to INEC’s management for the work they have been doing in deepening democracy and to also listen to the commission on the level of its preparations for the polls.

 South African Juicy Jay and Nigerian housemate Yvonne both shared a beautiful moment in the Big Brother Titans house last night and ended it with a passionate kiss.

Juicy Jay shouted ‘Chineke’, meaning God in Igbo language immediately after the locking of lips moment to the amazement of Yvonne who replied with “its the Chineke for me”.

She thereafter praised Juicy Jay's kissing skills and said, “Not like you are so great [at kissing], but you tried.”

INEC Publishes ‘Notice Of Polls’, Declares, "We’re Good To Go"

 The Independent National Electoral Commission INEC on Monday published the Notice of Polls for the 2023 General Election.

This was as it undertook a self-audit of its preparations for the polls and declared that it was good to go.

INEC Chairman, Prof. Mahmood Yakubu made the declaration when he received in audience the President and Chief Executive Officer CEO of the International Foundation for Electoral Systems IFES, Mr. Anthony N. Banbury.

So far, the Commission has successfully implemented 12 out of 14 activities in the Timetable and Schedule of Activities


Section 44 of the Electoral Act 2022 (as amended) provides that the Notice of Polls must be published not later than 14 days before the election cause to be published, a notice specifying the date and hours fixed for the poll; the persons entitled to vote; and the location of the polling units.

“This meeting is holding today when we are implementing the 12th activity – the Publication of the Notice of Polls – meaning that we have so far successfully implemented 12 out of 14 activities on schedule.

“So, there are only two activities outstanding. The first one is the end of campaign by political parties, which by law is 24 hours before polling day, which is going to be on the 23rd of February for the Presidential and National Assembly elections and the 10th of March for the States governorship and States Assembly, and then, the election day proper, which is on the 25th of February for the Presidential and National Assembly and on the 11th of March for the state elections”, he stated.

While he said the logistics arrangement for the polls has been reassuring, the INEC chairman added that the technological innovations for the elections have been tested and that the Bimodal Voter Accreditation System, BVAS, would again be tested this Saturday in a nationwide mock accreditation exercise.

He said; “The preparation has gone on very well. And then with the benefit of the new Electoral Act, we have more time to prepare than our predecessors had in the past. We are working with the National Union of Road Transport Workers to make sure that we get logistics right so that we deploy personnel and materials to locations early enough so that we can open the polling units, conclude the processes at the polling units and quickly declare the outcome of the elections, as decided by Nigerians swiftly. The earlier we conclude the processes, the speed with which we also declare winners and conclude the processes”.


Earlier, Mr Banbury said his team was at the commission to pay respects to INEC’s management for the work they have been doing in deepening democracy and to also listen to the commission on the level of its preparations for the polls.

Tinubu Refers To Atiku As 'Former Senate President'

 The presidential candidate of the APC, Tinubu, has suffered yet another gaffe during the APC presidential campaign rally in Uyo, Akwa Ibom State, by calling Atiku Abubakar, a former senate president, instead of vice president.

He said: “Atiku, when we made him the senate president, he sold this and sold that.

“He sold our asset, our commonwealth and he embezzled our party money.

“Everything that we had, he sold it and we became skeletons.

“Atiku didn't care.”

Kano Cancer Treatment Centre Built By Kano Govt Commissioned By Buhari