National News
FG, States, LGs Go Full Cashless March 1
FG, States, LGs Go Full Cashless March 1
Worried by the inflationary consequences of huge public sector cash withdrawals on the nation’s economy, the Nigerian Financial and Intelligence Unit (NFIU), yesterday, outlawed cash withdrawals from all government accounts effective March 1, 2023 warning that defaulters risk three-year jail term.
The NFIU, declared that such transactions would now be done electronically in line with the Central Bank of Nigeria (CBN) monetary policy.
It said defaulters who fail to heed the cash restriction order on public accounts risks collaborative investigation by the Nigeria Financial Intelligence Unit (NFIU), Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices Commission (ICPC).
Director and Chief Executive Officer, NFIU, Modibbo Tukur, who confirmed the latest development at a press briefing, at the Unit’s office in Abuja, said defaulters risk spending three years behind bars.
He said “The NFIU had told banks and government agencies at all levels to go fully digital by moving online, as all transactions involving public money must be routed through the banks for the purpose of accountability and transparency.
“This is not reversible as we are only enforcing the law. As far as we are concerned, Nigeria will become a full non-cash economy by March 1, 2023 this year.
As a consequence, any government official that withdraws even one naira cash from any public account from March 1 will be investigated and prosecuted in collaboration with relevant agencies like EFCC, ICPC and the NPF,” he said.
Tukur clarified that under the guidelines, only the President can give a waiver for any cash above the approved daily threshold to be withdrawn for urgent or emergency reasons.
He said despite the introduction of the cash withdrawal limits in the country, state governments withdraw a total of N701 billion cash above the N225 billion withdrawn by the Federal Government and N156 billion withdrawn by the local governments in the country, bringing total public sector cash withdrawals between 2015 to date to N1.082trillion.
“With some states withdrawing up to N24 billion and then we also discovered that the Federal Government withdrew in cash up to N225 billion while the local governments withdrew up to N156 billion.
“So if we are to apply the law here, all the public servants involved in this withdraws are entitled to three years imprisonment. That’s what the law said,” he said.
The NFIU therefore directed federal, state and local governments in the country to put necessary measures in place to ensure the smooth operationalisation of the new policy.
He advised the different tiers of government in particular, to deploy technology and train their staff to be able to apply the new policy from the stipulated date.
Modibbo said: “With the implementation of this guideline, Nigeria has been taken into a non-cash economy with effect from March 1, 2023.”
Continuing, he said: “The rate of withdrawals above the threshold from public accounts has been alarming, over N701 billion has been withdrawn in cash from 2015 till date. So you are all aware of the inflation in the economy, public servants traveling ,this and that, so the mark of withdrawing above the threshold is becoming very frequent.
“For government exigencies, only the President has the power to grant any waiver to any government official considering the importance of the situation; either for national security, health, or other important reasons.”
“From the first of March 2023. If there is any cash withdrawal, it is going to trigger off money laundering investigation in either EFCC ICPC, the Nigerian police, or all the law enforcement agencies, depending on the relevance of the withdrawal.
“So it’s also understood, the cash in the system is limited. But with this guideline, we expect that cash withdrawal from the system will go down by about N1 trillion Naira out of the N3 trillion cash that is in circulation on a weekly basis now.”
In his reaction, Frank Onyebu, Chairman, MAN, Apapa Branch, said: “This measure is laudable, but I think it’s still a tall order based on so many militating factors, chief of which is infrastructural deficiency. We cannot be talking about going totally cashless when we still have problems with internet penetration.
Chairman, SMEs Group of the Lagos Chamber of Commerce and Industry (LCCI), Daniel Dickson-Okezie said it was a welcome development.
“The more cashless we go, whether at governmental , organisational or individual levels, the better for the economy and society.
The issue of cashless economy was mooted for the first time during the Olusegun Obasanjo administration. The policy is acceptable because it will check crime , money laundering, corruption in government, private and public sectors.
Businesses don’t thrive in a corrupt society, investors don’t want to invest in a corrupt environment and corruption affects government too. So cashless economy will tame corruption,” he said.
He however tasked the government to follow it up by improving information technology infrastructure saying “The whole thing is based on ICT and it is important that we are able to make payments seamlessly.”
An economist, Dr Nathan Owhor, lauded the directive by NFIU on MDAs to ensure that all receipts and payments on government transactions from March 2023 are cashless is good for the economy.
“The leakage in the MDAs are huge and not good enough for the economy. The Chief Executives in the MDAs must learn how to be accountable and show greater financial discipline.
Some of them who claim to have strong godfathers are actually reckless with government finances and they enjoy protection. This protection is usually sustained by huge cash rewards which is a drain on the economy.
“The new cashless policy for the MDAs will therefore achieve four broad objectives amongst others. In the first instance, which is perhaps key is the ability to track government receipts and payments.
Secondly, it has the capacity to reduce the high level of waste and mismanagement in the MDAs. It will also build trust in the domestic economy because of the level of transparency it will engender.
All of these possibilities in the final analysis will make more funds available for development projects,” he said.
FG, States, LGs Go Full Cashless March 1
National News
Quit illicit drug trade now or get ready for more hard time, Marwa warns barons, cartels
Quit illicit drug trade now or get ready for more hard time, Marwa warns barons, cartels
By: Michael Mike
Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA) Brig. Gen. Buba Marwa (rtd) has warned drug barons, traffickers and their cartels to quit the criminal trade or face more hard time during his second tenure.
Marwa, who was reappointed by President Bola Tinubu for a second tenure of five years on Friday told jubilating management staff, officers, men and women of the agency who gathered to welcome him at NDLEA National Headquarters in Abuja following the presidential announcement that his second tenure will be hell and bleak for those who fail to quit the illicit drug trade.
He expressed appreciation to the president for the recognition of ongoing efforts against substance abuse and illicit drug trafficking in the country.

He said: “First of all, what a surprise, I did not expect to come back from jumat service to meet these great felicitations, dancing and singing by our personnel. Thank you very much. We would like to thank the almighty God, because always the glory has to go to Him for everything. We thank the President and Commander-in-Chief for the special recognition of our collective efforts and the new mandate for us to continue with the war against drug abuse and trafficking. I thank the management, officers, men and women of the agency, who continue to provide service to the nation 24/7, in spite of the risks that you all face.”
He also acknowledged the unflinching support by the Hon. Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN and the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun while also expressing thanks to “all our local and international partners, with whom we have continued to collaborate towards ridding Nigeria of illicit substances.”
He added that: “First, this word must go to the cartels. The cartels have not seen anything yet. I promise them this second tenure is going to be hell and bleak for them. Drugs shall not pass, in or out or within Nigeria.”
He reaffirmed the agency’s commitment towards President Tinubu’s mandate, assuring that “in line with our Act, we will continue to do our level best. I remember in my inaugural speech, the day I took over, and I said very clearly that NDLEA will be feared by the drug cartels. And that’s just the beginning.
“At the same time, I must appeal to those who are engaged in illicit drug trafficking that this is the right time for them to drop that criminal business and face something legitimate. It is in line with that that we established the Alternative Development Unit, which seeks to persuade those who are perpetrating the illicit drug activities, particularly cannabis growers, who are our greatest challenge in Nigeria, to desist from the habit, collaborate with us. We are going to support towards licit cultivation of crops that are legitimate, legal, and you can sleep with your two eyes closed.
“But those who refuse to do that can be sure that the NDLEA is up and able on its task of law enforcement. You will be arrested, the drugs will be seized, and your assets will be confiscated. So, you come out from jail, there will be nothing left.”
He also assured that the agency will remain committed to its drug demand reduction efforts. “I’ll take the opportunity again to announce the rededication of our efforts towards prevention, sensitization, counseling, treatment, and rehabilitation of our children in our 30 rehabilitation centres. And with the support of the President and the Renewed Hope Agenda, seven more rehab centres are coming up under the 2025 budget that will now make every state to have its own rehab centre.
“And as well, there will be zonal rehab, more rehab centres and we are getting full collaboration from the Honourable Minister of Health. We appreciate his efforts also, and the Honourable Minister of Education, who has accepted our recommendation for drug tests for our children on admission to tertiary institutions, so that with this we can catch them young before it gets into addiction stage. May the Almighty God bless our President, bless all those that are supporting us, bless the officers, men and women of NDLEA.”
Quit illicit drug trade now or get ready for more hard time, Marwa warns barons, cartels
National News
India High Commission, KADIFF Screen Short Movies in Abuja
India High Commission, KADIFF Screen Short Movies in Abuja
By: Michael Mike
High Commission of India, in collaboration with the Kaduna International Film Festival (KADIFF) has organized a special short Movie Screening and Panel Discussion.
The event, which held at the Chancery premises, was inaugurated by High Commissioner Amb Abhishek Singh, and brought together a vibrant cross-section of participants from the diplomatic community, including Heads of Mission, members of the Nollywood fraternity, film professionals, cultural enthusiasts, influencers, and friends of India.

The evening featured the screening of two thought-provoking short films — the Indian short film “Good Morning”, and the Nigerian film “Not So Long a Letter”.
Following the screenings, a lively panel discussion was held on the theme: “Celebration of our rich cultural heritage and the need for collaboration.”
The panelists, including Swat Duniah-Adalumo – Moderator (Journalist), Dr. Ahmed Sarari (Filmmaker), Francis Duru (Actor/Filmmaker) and Stephnora Okere (Actress/filmmaker) exchanged insights on how cinema can deepen mutual understanding, promote cross-cultural narratives, and foster creative partnerships between the Indian and Nigerian film industries.

The initiative was part of the High Commission’s ongoing efforts to strengthen India-Nigeria cultural relations and promote Indian cinema through shared artistic expressions and storytelling traditions”
India High Commission, KADIFF Screen Short Movies in Abuja
National News
Non-kinetic team engages bandit leaders, communities in Birnin Gwari to strengthen peace initiative
Non-kinetic team engages bandit leaders, communities in Birnin Gwari to strengthen peace initiative
By: Zagazola Makama
In continuation of non-kinetic peace engagements across the 1 Division area of operation, representatives of key security and peace institutions on Tuesday visited Kuyello and surrounding communities in Birnin Gwari Local Government Area of Kaduna State to sustain dialogue with repentant bandits and community leaders.
The visit, conducted on Nov. 11, was jointly led by representatives of the Office of the National Security Adviser (ONSA), and some Islamic clerics from the Kaduna State Peace Committee, with participation from 1 Division Nigerian Army, the Nigeria Police Force, and the Department of State Services (DSS).

According to sources, the team arrived Kuyello at about 11:30 a.m., where a meeting was held with key community stakeholders and repentant bandit leaders.
The Chairman of the committee urged the repentant bandits to remain committed to the peace agreement and desist from attacks, kidnappings, and preventing locals from accessing markets and farmlands.
He reminded them that the peace initiative was built on mutual trust and community safety.
During the engagement, the team learned of an unresolved conflict between vigilantes from Kompany village in the Layin Dan Auta area and residents of Layin Dan Lasa village, reportedly under the control of bandit leader Kachalla Risku.
The feud was traced to an earlier incident at a mining site on Oct. 16, 2025, where a Fulani local was killed and his weapon seized, leading to retaliatory attacks and kidnappings.
The sources noted that Risku agreed to release all kidnapped persons and return a police rifle in his custody.
However, he demanded the return of four motorcycles allegedly seized by locals during the October incident.
Community leaders, including the Hakimi, testified that the bandits had largely kept to their commitments under the peace accord, attributing the recent tensions to the refusal of residents of Layin Dan Auta to comply with the peace deal.
The team further stopped at Rikau and Rima villages during its return to Kaduna to meet other bandit leaders, including Kabiru and Dandukununu, who also pledged to uphold the peace agreement. Palliatives were handed over to them as part of confidence-building measures.
The delegation described the visit as successful, noting that it was aimed at preventing a relapse into violence and consolidating gains from the ongoing dialogue process.
At the end of the engagement, several resolutions were reached, including a directive for the Birnin Gwari Local Government Council and the Emirate Council to facilitate peace talks between the warring communities.
It was also resolved that all kidnapped victims in the custody of Risku be released immediately, while the police rifle held by his group should be handed over to security agencies without delay.
The team returned safely to Kaduna at about 7:50 p.m. after a hitch-free mission.
Non-kinetic team engages bandit leaders, communities in Birnin Gwari to strengthen peace initiative
-
News2 years agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions4 years agoTHE PLIGHT OF FARIDA
-
Opinions4 years agoPOLICE CHARGE ROOMS, A MINTING PRESS
-
News2 years agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
News7 months agoFAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
ACADEMICS2 years agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns2 years agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
Opinions2 years agoTinubu,Shettima: The epidemic of economic, insecurity in Nigeria
