National News
National Council of State endorses Currency Redesign Policy
National Council of State endorses Currency Redesign Policy
The National Council of State has endorsed the currency redesign policy introduced by the Central Bank of Nigeria (CBN).
It however advised that the CBN should be more aggressive in the implementation of the policy in order to reduce the hardship faced by citizens.
Attorney General and Minister of Justice, Abubakar Malami, who confirmed this to State House correspondents on the outcome of the meeting, however advised the CBN to be more aggressive in the implementation of the policy to reduce the hardship being faced by citizens.
He further revealed that the Independent National Electoral Commission (INEC) and the Police also assured the Council of their readiness for the smooth conduct of the 2023 general election.
He said: “The two major resolutions that were driven by the deliberations of the Council are: one, that we are on course as far as the election is concerned and we are happy with the level of preparation by INEC and the institutions.
“And then two, relating to the Naira redesign policy, the policy stands but the Council agreed that there is need for aggressive action on the part of the Central Bank of Nigeria (CBN) as it relates to implementation of the policy by way of ensuring adequate provision being made with particular regards to the supply of the Naira in the system.”
While corroborating the comments made by the Attorney General, Gov. Darius Ishaku of Taraba said the INEC and the Inspector General of Police both gave details of their level of preparedness for the 2023 election.
He said the governor of the CBN gave details of the Naira redesign policy as well as the merits and demerits of the policy.
“The Governor of the Central Bank briefed us on the monetary change and issues that have arisen relating to that across the whole States of the Federation.
”He gave us the merits of that policy that is being implemented.
”What took more time was the monetary issue because of the scarcity of money in circulation but generally the view is that principally the policy was accepted.
“But the major issue is that of implementation. So many views were proffered particularly that the CBN governor should look into making sure that the new money is available in quantum.
”And there were suggestions too that if the new money is not enough or printing them could be difficult, the old currency could be recirculated or pumped into circulation to ease the tension particularly for the poor people in the society who will need a little money to buy their food or drugs on daily basis,” he said.
Ishaku said all deliberations at the Council were advisory, but the president would take the final decision.
Gov. Babajide Sanwo-Olu, who also briefed newsmen, assured that the president would take the right decision at the end of the day for the benefit of all Nigerians.
“All we said or discussed were advisory and the president will retire back to his office and I think with all of this advice, the executive knows what to do as we move on.
”I’m sure the president will make his thoughts and views known to the nation,” he added.
National Council of State endorses Currency Redesign Policy
FG Declares Public Holiday on June 12 to Mark Democracy Day
By: Michael Mike
The Federal Government has declared Thursday, 12th June, 2025 as Public Holiday to commemorate this year’s democracy day celebration.
The Minister of Interior, Hon. Olubunmi Tunji-Ojo, who made the declaration on behalf of the Federal Government in a statement signed by the Permanent Secretary, Ministry of Interior, Dr. Magdalene Ajani, congratulated Nigerians on this occasion of 26 years of an uninterrupted civil rule.
He said: “June 12 represents our historic journey to building a nation where truth and justice reign and peace is sustained and our future assured.
“The last 26 years tells the story of our resilience, strength and courage and a hope Renewed than ever.”
The Minister while noting that Democracy is sustained with open doors for further improvement, reiterated the commitment of the Renewed Hope government of President Bola Ahmed Tinubu (GCFR) to the universal value of democracy that is based on freely-expressed will of the people in determining Nigeria’s political, economic, social and cultural systems.
FG Declares Public Holiday on June 12 to Mark Democracy Day
Chieftaincy dispute causes chaos in Muye village in Niger
By: Zagazola Makama
A renewed chieftaincy tussle in Muye village, Lapai Local Government Area of Niger State, has sparked violent confrontations between rival supporters, prompting swift intervention by security operatives.
Zagazola Makama gathered that the crisis began around 6:20 p.m. on Thursday when the deposed village head, Alhaji Mohammed Abdulkadir Maigari II, forcefully returned to Muye and broke into the palace.
The incident provoked tension among residents, especially after supporters of the current Dakachi confronted the deposed monarch. The situation was immediately brought under control by a team of security personnel from Lapai.
However, Zagazola learnt that the situation escalated on Friday morning when supporters of both camps clashed again, leading to a free-for-all fight that disrupted public peace in the community.
Security sources were swiftly deployed to Muye to restore normalcy.
“The combined security teams have brought the situation under control. Monitoring and surveillance operations are ongoing to prevent further breakdown of law and order,” the source said.
No casualties or arrests have been officially confirmed as of the time of filing this report.
Chieftaincy dispute causes chaos in Muye village in Niger
Eid-el-Kabir: IPCR Calls on Nigerians to Peace, Harmony
By: Michael Mike
Institute for Peace and Conflict Resolution (IPCR) has called on Nigerians to promote peace and harmony in their communities, recognizing that peace is essential to national development and progress.
The advice was given by the Director General of the Institute for Peace and Conflict Resolution (IPCR), Dr. Joseph Ochogwu, in his message on Eid-el-Kabir.
The Institute, while extending warm greetings to Nigerians, wished them a joyous and peaceful celebration, marked by love, compassion, and unity.
The Institute while noting that Sallah is a significant occasion in the Islamic calendar, symbolizing the values of sacrifice, gratitude, and community, emphasized that the spirit of Sallah should guide Nigerians in their interactions with one another, fostering a culture of peace, tolerance, and understanding.
The IPCR urged Nigerians to promote peace and harmony in their communities, recognizing that peace is essential to national development and progress, while
encouraging individuals to embrace the values of Sallah, including forgiveness, empathy, and kindness, in their daily lives.
According to IPCR, peace is critical to promoting national stability and cohesion.
The Institute also urged Nigerians to use this period of Sallah celebration to address conflicts and promote dialogue, which could help to build trust and understanding among Nigerians and also contribute to a more peaceful society.
It recognized that the country’s many ethnic and religious groups can work together to build a more harmonious society, celebrating their differences and promoting a culture of tolerance.
End
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