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FG, States, LGs Go Full Cashless March 1

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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that under the guidelines, only the President can give a waiver for any cash above the approved daily threshold to be withdrawn for urgent or emergency reasons.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cash withdrawal limits in the country, state governments withdraw a total of N701 billion cash above the N225 billion withdrawn by the Federal Government and N156 billion withdrawn by the local governments in the country, bringing total public sector cash withdrawals between 2015 to date to N1.082trillion.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

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NHRC Raises Alarm Over Child Abuse, Custodial Torture, Civic Freedom Violations

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NHRC Raises Alarm Over Child Abuse, Custodial Torture, Civic Freedom Violations

By: Michael Mike

The National Human Rights Commission (NHRC) has called for stronger safeguards against violence and exploitation targeting women and children, tighter oversight of detention facilities and increased protection of civic freedoms ahead of Nigeria’s 2027 general elections.

The Executive Secretary of the Commission, Dr Tony Ojukwu, said persistent cases of sexual and gender-based violence, child abuse, discrimination and other forms of exploitation required more effective prevention mechanisms, thorough investigations and improved access to justice.

Ojukwu, who spoke in Abuja during the presentation of the Commission’s September 2026 Human Rights Situation Dashboard, urged government authorities to translate ongoing reforms into practical protection for vulnerable Nigerians, particularly children in underserved communities.

He welcomed the September stakeholders’ engagement on the review of the Child Rights Act, 2003, describing it as an opportunity to address gaps in the country’s child protection framework and strengthen institutional responses to violence and exploitation.

He, however, stressed that reviewing the law would not be sufficient without adequate funding, stronger institutions and effective implementation capable of delivering tangible protection to children.

The NHRC chief called on relevant authorities to ensure that the reform process produced practical measures to prevent abuse, protect vulnerable children and improve access to justice for victims.

On the treatment of detainees, Ojukwu emphasised the importance of independent monitoring of custodial facilities, warning that effective human rights protection required sustained oversight of institutions responsible for enforcing the law.

He disclosed that the Commission, through its National Preventive Mechanism, validated its 2025–2026 annual report on September 25, bringing together stakeholders to examine findings and recommendations on preventing torture and other forms of ill-treatment in places of detention.

According to him, the exercise was aimed at identifying systemic weaknesses that expose detainees to abuse and strengthening measures to prevent violations.

He said independent monitoring of detention facilities remained critical to accountability within the justice and law enforcement systems, particularly in ensuring that people deprived of their liberty continued to enjoy the protection of the law.

The Commission also stepped up efforts to monitor threats to civic freedoms as political activities gather momentum ahead of the 2027 general elections.

Ojukwu disclosed that the NHRC, in collaboration with the Nigeria Network of NGOs and with support from Heinrich Böll Stiftung Nigeria and the Office of the United Nations High Commissioner for Human Rights, organised a training workshop for the Commission’s state coordinators on Tuesday, October 13.

The workshop focused on operationalising the NHRC’s advisory opinion on promoting and protecting civic space and human rights, issued on May 18, 2026.

The initiative is expected to strengthen the capacity of state offices to identify, document and report violations affecting civic space, including restrictions on peaceful assemblies and regulatory practices affecting civil society organisations.

Ojukwu said integrating civic space monitoring into the Commission’s Human Rights Observatory and Dashboard would improve its ability to detect emerging threats and facilitate timely institutional responses.

He stressed that democratic governance must be measured not only by the conduct of elections but also by the extent to which citizens could freely express their views, associate with others, assemble peacefully and participate meaningfully in public affairs.

The Commission called on government institutions, security agencies, civil society organisations and development partners to intensify collaboration in addressing the underlying causes of human rights violations.

Ojukwu said the NHRC would continue to strengthen its monitoring and reporting systems, improve investigations and complaints resolution, and ensure that documented findings informed policy decisions and institutional reforms.

He maintained that the Commission’s responsibility extended beyond recording allegations to helping prevent violations, securing remedies for victims and ensuring accountability.

“The true measure of our progress is not simply the number of complaints documented, but the extent to which our collective efforts improve the lives of Nigerians,” he said.

He urged stakeholders to act on the findings and recommendations of the September dashboard, stressing that sustained collective action was necessary to prevent human rights violations, secure justice for victims and hold public institutions accountable.

The Commission’s renewed emphasis on child protection, custodial oversight and civic freedoms comes as Nigeria prepares for the 2027 general elections, placing the protection of fundamental rights and accountability for alleged abuses among the issues requiring sustained attention from public institutions.

NHRC Raises Alarm Over Child Abuse, Custodial Torture, Civic Freedom Violations

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KACRAN Challenges 19 Northern Governors to Adopt Buni’s Commercial Revolution Blueprint

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KACRAN Challenges 19 Northern Governors to Adopt Buni’s Commercial Revolution Blueprint

..Calls on Tinubu to Provide Soft Loans to Traders, Says Markets, Factories Can Create Millions of Jobs

By: Michael Mike

The Kulen Allah Cattle Rearers Association of Nigeria (KACRAN) has challenged the 19 governors of Northern Nigeria to adopt Yobe State Governor Mai Mala Buni’s commercial development blueprint, describing it as a potential pathway to economic recovery, job creation and improved security across the region.

The association also urged President Bola Tinubu to provide accessible soft loans and special intervention funds for traders and entrepreneurs operating in newly developed markets, saying inadequate business capital remains a major constraint to unlocking the economic potential of Northern Nigeria.

KACRAN, in a statement issued on Tuesday by its National President, Hon. Khalil Mohammed Bello, said the region needed a deliberate economic revival strategy to address insecurity, industrial decline, youth unemployment and the disruption of agriculture and livestock production.

It identified Buni’s investment in modern markets, trailer parks and sesame seed processing facilities as a model that other Northern states could replicate to stimulate commercial activities and create employment opportunities.

According to the association, the Yobe State Government has invested billions of naira in the construction of modern markets across the state’s 17 local government areas, with projects completed in major commercial centres and others approaching completion.

It listed Potiskum, Damaturu, Gashua, Nguru and Gaidam among the towns where modern markets have been completed, adding that Gujba and Fune are among the local government areas expected to have two markets each.

The association said the completed and ongoing projects would bring the total number of modern markets to 19.

It also highlighted the construction of two trailer parks in Potiskum and Damaturu, noting that the Potiskum facility had been completed while work was ongoing in Damaturu.

According to KACRAN, the trailer parks are expected to strengthen transportation and facilitate the movement of goods, while four sesame seed cleaning and packaging factories established in Nguru, Machina, Damaturu and Potiskum would support agricultural value addition and industrial development.

The association argued that investments in commercial infrastructure and agro-processing could expand economic opportunities, improve market access for farmers and traders, and create jobs for young people.

It, however, stressed that infrastructure alone would not be sufficient to achieve the desired economic transformation without access to affordable financing for businesses.

KACRAN therefore called on Tinubu to introduce special credit facilities for traders and entrepreneurs who had secured space in the new markets, arguing that access to working capital would enable them to expand their businesses, employ more people and strengthen economic activities along the commercial value chain.

The association said the proposed intervention could also help reduce the vulnerability of unemployed youths to criminal recruitment by providing more sustainable livelihood opportunities.

In making its case for a regional economic revival, KACRAN recalled what it described as Northern Nigeria’s historical reputation for peaceful coexistence, hospitality, commercial enterprise and trust-based business relationships.

It lamented that insecurity, the collapse of industries, ethno-religious divisions and political mistrust had undermined these traditions, while insurgency had disrupted farming, cattle rearing and fishing in several communities.

The association said the region needed to rebuild its economic foundations by investing in productive infrastructure, supporting private enterprise and creating opportunities for its growing youth population.

It traced its call for a new commercial development strategy to the economic and social changes that had taken place since the era of the late Premier of Northern Nigeria, Sir Ahmadu Bello, arguing that restoring the region’s prosperity required practical policies rather than nostalgia.

KACRAN particularly commended Buni for what it described as his commitment to reviving Yobe’s commercial sector despite the challenges posed by years of insurgency.

It also praised the state’s Commissioner for Commerce, Industry, Tourism and Solid Minerals, Hon. Kaigama Umar, alongside the ministry’s permanent secretary, directors, the management of Yobe State Investment Company and other officials involved in supervising the projects.

The association said the officials’ contributions had helped advance the state’s commercial infrastructure programme.

It maintained that replicating the Yobe model across Northern Nigeria, supported by affordable credit and effective implementation, could strengthen regional trade, expand employment and contribute to national economic growth.

“This revolution is not just for Yobe, it is for the North and for Nigeria,” the association declared.

KACRAN Challenges 19 Northern Governors to Adopt Buni’s Commercial Revolution Blueprint

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EbonyLife Place Opens in London, Deepens UK-Nigeria Creative Ties

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EbonyLife Place Opens in London, Deepens UK-Nigeria Creative Ties

EbonyLife Place, a new cultural and entertainment destination dedicated to African and Black creativity, has opened in London, in a development expected to further strengthen creative, trade and investment ties between Nigeria and the United Kingdom.

The venue, created by Nigerian media entrepreneur and EbonyLife Group Founder and Chief Executive Officer, Mo Abudu, officially opened on Thursday and is located at 208 Wandsworth Road, between Battersea Power Station and Nine Elms.

The opening is being positioned as a significant milestone in UK-Nigeria creative collaboration and is expected to create about 40 direct jobs in London.

It also aligns with the ongoing UK-Nigeria Economic, Trade and Investment Partnership (ETIP), which seeks to deepen economic cooperation between both countries, including through stronger links in the creative industries.

EbonyLife Place London brings film, food, fashion, art, music and entertainment together under one roof, providing a platform for established and emerging creative talents from Africa and the wider Black diaspora.

At the centre of the new destination is the 160-seat Amani Auditorium, described as the UK’s only cinema dedicated exclusively to African and Black film.

The auditorium will showcase Nollywood and other African films alongside productions from the UK, Caribbean, United States and other parts of the global Black diaspora.

Beyond cinema, the auditorium will host masterclasses, industry panels, fireside conversations, keynote sessions, live acoustic performances as well as cultural and business events.

Speaking on the development, Abudu said the new venue was designed to bring the richness of African and Black creativity together through films, food, fashion, art, music and stories.

She said the vision extended beyond Nigeria to Africa and the global Black diaspora, adding that the venue would provide a platform for creators from cities including Lagos, London, Accra, Kingston and New York.

The Mayor of London, Sadiq Khan, welcomed the development, describing EbonyLife Place London as a “fantastic addition” to the city’s cultural offering.
Khan said the venue would showcase films by African and Black filmmakers alongside music, art, fashion and food, describing it as a destination for celebrating Black creativity from around the world.

The Mayor had visited EbonyLife Place in Lagos last year during his trade mission to Africa, where he and Abudu hosted a London edition of Lagos Canvas, bringing together figures from Lagos’ art and entertainment industries to promote creative links and partnerships.

Lagos State Governor, Babajide Sanwo-Olu, also welcomed the London expansion, describing it as an international extension of a vision that originated in Lagos.

“EbonyLife Place was born in Lagos in 2019, and it is wonderful to see this proudly Lagosian vision now taking its place in London,” Sanwo-Olu said.
He described the London venue as more than a new cultural destination, saying it represented a celebration of African creativity, culture and storytelling and a bridge between Lagos and the rest of the world.

The London destination also features The Afrobeat, a 40-seat restaurant offering contemporary African cuisine; Fèhìntì Lounge; Maji Concession and Bar; Zuri Retail, an African concept store; and the Living Wall Gallery for contemporary African and diaspora art and photography.
Music will also feature prominently in its programme, with live performances, listening parties and curated experiences involving established African and diaspora artistes as well as emerging musicians, DJs and new sounds.

The venue’s opening programme includes a partnership with Film Africa, described as the UK’s largest annual festival celebrating African cinema.

According to the organisers, EbonyLife Place will operate a year-round programme of screenings, performances, exhibitions, conversations, networking events, showcases and collaborations involving African and Black creative communities.
A membership scheme is also expected to be introduced, although details of the various membership tiers will be announced later.

The opening marks another stage in Abudu’s long-standing effort to build international platforms for African storytelling and creative talent.

EbonyLife was established as an African media brand and has subsequently developed partnerships with major international entertainment organisations, including Netflix, Sony Pictures and BBC Studios.

Abudu has also received international recognition, including being named among TIME magazine’s 100 Most Influential People in the World and Forbes’ 100 Most Powerful Women.

The establishment of EbonyLife Place in London therefore extends an existing Lagos-based creative brand into one of the world’s major cultural and entertainment markets.

The development also comes as Nigeria and the UK continue efforts to expand economic cooperation beyond traditional sectors, with the creative economy increasingly viewed as an area capable of generating jobs, investment and international opportunities for Nigerian talent.

With its focus on Nigerian, African and Black stories and creators, EbonyLife Place London is expected to provide another platform through which Nigerian creative products can reach international audiences while strengthening links between the country’s creative industry and the wider global market.

EbonyLife Place Opens in London, Deepens UK-Nigeria Creative Ties

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