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Old N500, N1000 Notes no longer legal tender – Buhari

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President Muhammadu Buhari has declared that old N500 and N1,000 banknotes are no longer legal tender in the country. Buhari made the disclosure on Thursday morning during an address to Nigerians were he also apologised to Nigerians over the difficulties experienced in accessing the scarce new naira notes. He however said that the old N200 note will be legal tender for the next 60 days, till April 10, 2022 The president said, “Let me re-assure Nigerians, that strengthening our economy, enhancing security and blockage of leakages associated with illicit financial flows remain top priority of our administration. And I shall remain committed to my oath of protecting and advancing the interest of Nigerians and the nation, at all times.“In the last quarter of 2022, I authorised the Central Bank of Nigeria to redesign the N200, N500, and N1000 Nigerian banknotes.For a smooth transition, I similarly approved that the redesigned banknotes should circulate concurrently with the old bank notes, till 31 January 2023, before the old notes, cease to be legal tender.“During the extended phase of the deadline for currency swap, (from Jnuary 31 till February 10) I listened to invaluable pieces of advice from well meaning citizens and institutions across the nation.“I similarly consulted widely with representatives of the State Governors as well as the Council of State. Above all, as an administration that respects the rule of law, I have also noted that the subject matter is before the courts of our land and some pronouncements have been made.“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 ceases to be legal tender.”

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Abia APGA rejects Governorship Poll results as Labour Party leads

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The results of the March 18 governorship poll in Abia state has been rejected by the All Progressives Grand Alliance. The Independent National Electoral Commission has so far announced results in 10 LGAs. In a statement signed on Monday by the APGA Chairman Abia State, Rev. Augustine Ehiemere, the party said it would not accept an election “marred by irregularities.” It, however, urged supporters to remain calm as they await the conclusion of the process. The statement read partly, “The results so far announced did not in any way reflect the will of the good people of Abia voters as demonstrated at the various polling units.“We are highly disappointed that the votes cast for our candidate, Professor Greg Ibe, were suppressed and not credited to him.“Regrettably too, there were brazen irregularities, including snatching of ballot papers, over-voting, unprecedented manipulation and violence against the opposition.“Most of the results were collated without recourse to BVAS machines, hence, they cannot be relied upon.“We appeal to our members to remain calm and watch things unfold. We firmly believe that light will triumph over darkness, and Abia emancipated from the chains of undemocratic forces.“The election was marred with irregularities in all parts of the state, and APGA cannot accept a highly flawed election.” Only ten local government results have so far been collated, and they include; Ukwa East, Umunneochi, Ukwa West, Bende, Isialangwa North, Isialangwa South, Arochukwu, Ugwunnagbo, Isuikwuato and Ikwuano. So far, the results announced puts the Labour Party in the lead with a margin of 13,132.

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BREAKING: INEC Declares PDP’s Mutfwang winner of Plateau Gov Election

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The Plateau State governorship candidate of the Peoples Democratic Party, Caleb Mutfwang, has been declared as the winner of Saturday’s governorship election by the Independent National Electoral Commission.The result declared by the INEC Presiding Officer, Musa Yusuf, after counting the votes scored by parties that participated in the election shows that Mutfwang had the highest votes beating the All Progressives Candidate, Nentawe Yilwatda.Recall that the PDP governorship candidate was reported to be taking an early lead as of 11 am when INEC resumed collations of results from the 17 local government areas of the state.Details later…

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Chimaroke Nnamani dumps PDP after losing Senate Re-Election to LP

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Chimaroke Nnamani, the senator representing Enugu East Senatorial District, has dumped the Peoples Democratic Party, PDP,He announced his exit from the PDP after he lost his senatorial bid to the Labour Party.Nnamani also expressed appreciation to his constituents for the unalloyed support over the years.The former Enugu State governor’s formal exit from the opposition party was contained in a statement he signed on Monday.The PUNCH reports how the senator was expelled by the PDP on February 10, 2023, alongside some other key party members for alleged anti-party activities. This is also as he lost his bid to return to the Senate to his rival Kelvin Chukwu of the Labour Party.Nnamani stated that he had consulted with his associates and constituents alike and had decided to quit the PDP on account of irreconcilable differences with the national leadership of the party.Speaking further, he noted that he had moved on and hoped that his modest contributions to the development of his constituency would be the building block on which his successors could build on.While reaffirming his acquaintance with the President-elect, Bola Tinubu, he promised to continue to partner him.The former governor also thanked Nigerians especially the Ebeano political family and urged them to remain steadfast in the years ahead.He further expressed optimism that the Tinubu administration would promote good governance, rule of law and human rights for the interest of all Nigerians.

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