News
POS dealers ATM make brisk businesses in Borno and Yobe state due to scarcity of naira notes
POS dealers ATM make brisk businesses in Borno and Yobe state due to scarcity of naira notes
By: Bodunrin Kayode
Naira sale has become big business in the capital of Borno and Yobe states as Point Of Sale (POS) agents are making brisk business beyond the normal charges from customers.
Even the Automated Teller Machines ATM which are supposed to give customers their cash as at when needed have restricted them badly to just N2000 in some cases even as our findings indicate that they drive big amounts of new cash in their private cars back to the bedrooms of those big time business men and politicians for fear of loosing their accounts to willing bank managers.
For those in Damaturu, a smaller town and capital of Yobe State, the scarcity of old naira notes still persists as it does in maiduguri but our investigations indicate that residents are trying to survive the tensed atmosphere this has quagmire has created.
The scarcity of naira notes has caused very long queues in most of the major towns around the two states such that there are worries that some people may never have respite even after the deadline issued by the central bank of Nigeria.
It’s the same sing song in Potiskum where a security source name withheld told this reporter that the policy should have been implemented long ago and not just when the election is at the corner.
“imagine you implement a policy that you think will cripple the political class who horde billions of this same naira for the election. Do you think some of them step into the bank? The answer is no. These bankers drive the cash back into their bedrooms. So who is loosing now? It’s the common man who has to buy naira at exorbitant prices.”he pointed.
Investigation conducted by this reporter indicates that because most of the council areas of these two states do not have branches of banks, there is an acute scarcity of even the old naira notes in the hinterland 200 to 300km outside the city of maiduguri and Damaturu.
A source who also prefers anonymity in Gamboru Ngala told this reporter that some residents in the border town that have relatives in Cameroon have resolved to buy most of their needs in foreign cfa currency which is available in their area as the bite of the scarcity of the naira persists.
She went on “We become lucky only when the POS agents travel to maiduguri and bring cash for us. Even that, they charge us 300 naira for every new N1000 we ask them to change for us. Some take half of the money in the name of selling new notes to us.
” This is our sad plight because we do not have banks here, not even micro finance banks to benefit from the enormous border trade going on with the gradual advent of peace in the place.
A drive round maiduguri within the period under review indicates that some of the banks deliberately refused to pay the old money to some customers and even POS agents on the counter since Monday and that is after the central bank of Nigeria had given a directive that they should dispense cash to them.
Service providers stranded
A tailor who called himself Bomboy complained that since Monday he has been working yet people were not coming to take their clothes and pay up even old notes for services.
He said those who want to pay him are met with stiff agency charges such as 1,500 taken from their salaries for every 5000.
“So if her salary is just N15,000 monthly you can imagine how she will feel loosing up to 4,500 from her pay if she wants to withdraw the cash for keeps so she can use accordingly.” said Bomboy.
At kasua fara which is part of konduga council area of Borno, charges rose from N100 for each N5000 withdrawal to about N500 which is ten percent of the money one desires to withdraw.
In the second largest town of Bama, the report was not different right up to Pulka and Gwoza, lack of money was a recurring decimal.
The POS sellers alleged that even though it is illegal to buy the naira, they have no choice but to buy behind the counter from some willing banks to go and sell for the customers who can afford to pay for the excess charges.
Paralysis of commercial activities
The scarcity has badly affected the buying and selling going on within the city because of the fear of losses they will incur if they get to the POS which is the only leeway to escape the mammoth crowd at the banks.
Some residents who spoke to this reporter noted that going out to the Atm centres of some banks is a waste of time because after two hours of waiting you realize that it can only dispense between 3 and 5,000.
“what if my wife is sick and we need to buy drugs worth more than 5000? Do that is how I will be restricted because they now dish out only 5000 in some ATM centres averagely which is bad for business.
Meanwhile, in these the CBN has set up committees that have been going round the states to enforce compliance. In Borno the committee is headed by Mohammed Tumala, a director of statistics in the CBN.
He told this reporter that the CBN is really serious about monitoring the whole exercise and would stick to the deadline which is why they are on ground to ensure enforcement by commercial banks.
He Saud that Borno Yobe has been taken care of because over N8. 4 billion was distributed to Borno as at last week while over N4 billion has been disbursed to Yobe alone.
He said that his team has been to many areas of the state and have disbursed directly to POS and other organized groups in need of the new notes.
The team leader said that they have been working with security agencies. Icpc, efcc and other relevant groups supporting the implementation of the policy by the CBN.
Reaction from Kano
Another anonymous source in kano said that it was true that some people were making brisk businesses from the currency business.
“But it is to our own disadvantage because our kids are the people I am thinking of. How will their generation live their lives? The masses are suffering and things are not getting better in anyway.
” There is no scarcity in kano except that people are buying the notes and keeping them in their homes as surety for the dry day.
” A lot of people have turned the crave for new naira notes into business and that is the only time it becomes scarce. Imagine someone withdrawing a million while others do not have anything.
” The POS agents are equally not helping matters because they exploit people a lot, by selling the currency at cut throat prices.
” At least eighty percent of the currency in circulation is outside the banking system. Just 20 percent is within the system and that is not good for our economy.
“The cashless policy must succeed because we cannot continue to be a cash based society.
” That is why we are welcoming E naira because it will also make sure we are boarded from the cash system. It would be of great advantage to the country as such it should be embraced if we mean business with our economy.
Reaction from the Govt house
Except for those with verifiable constraints such as lacking supplies from the CBN, the State Governor, Professor Babagana Zulum has directed that any bank which refuses to dispense new naira notes via ATMs and banking halls should have its land revoked.
Zulum issued the directive over the weekend after visiting branches of banks to assess problems being faced by residents in trying to access new naira notes via long queues at ATMs amid acute scarcity and hopelessness.
“Any bank in Borno State that is not willing to ensure their ATMs are fully dispensing new naira notes cash to ease the suffering of our people, we will withdraw their land title immediately. We will only spare Banks with genuine constraints that are verifiable” Zulum said.
Before that declaration, Zulum expressed unhappiness when he saw hundreds of people queued at a bank’s branch, with only one out of 10 ATMs dispensing cash.
“As you can see here, only less privileged people are queued up. I didn’t see rich people here. Many people are said to been here since 3:00 am, some could not even eat anything. The new naira notes and even the old ones are not available and that is adversely affecting commercial activities in the state and people are suffering
“We just released salaries of about 5 billion naira and the banks don’t have money, some of the ATMs are not working. We don’t have any problem with the CBN policy or the withdrawal limit, they said individuals can only withdraw N20,000, but why can’t everyone have access to that N20,000?” he said.
“Yesterday I was in Gubio with a population of over 70,000 people but it was impossible to source N100,000 in the entire local government, neither of the new note nor the old notes. A ram that is worth N100,000 is now being sold for N35,000 because people are desperate for cash, and some wicked rich people are going to rural areas to exploit poor people. ” Said Zulum
The Governor urged the Central Bank of Nigeria (CBN) to ensure the availability of new notes at commercial banks for people to access their money.
“Right now in Borno State, I have visited more than ten ATMs and there’s no cash” Zulum said.
POS dealers ATM make brisk businesses in Borno and Yobe state due to scarcity of naira notes
News
Doma United secure NPFL promotion with win over Mighty Jets
Doma United secure NPFL promotion with win over Mighty Jets
Doma United Football Club of Gombe State have secured promotion to the Nigeria Premier Football League (NPFL) following a 2-0 victory over Mighty Jets of Jos at the Pantami Stadium on Wednesday.
The News Agency of Nigeria (NAN) reports that Doma United, who top Conference C of the Nigeria National League (NNL) with 26 points from 13 matches, are the first team to seal promotion to the NPFL.
The club, relegated from the NPFL in the 2023/2024 season, are five points clear of second-placed FC Basira in Conference C, with one match remaining.
NAN reports that the 2025/2026 NNL season is organised into four conferences (A, B, C and D), with the top team in each conference earning automatic promotion to the NPFL, replacing the previous Super 8 play-off format.
Confirming the development, Doma United Technical Adviser, Najib Mabu, told NAN in Gombe on Thursday that the team had secured promotion with a game in hand.
Mabu described the journey as smooth but challenging, noting that the return to the top flight means a lot to the club and sports stakeholders in the state.
“This is huge and we are very happy that we are back.
“We will start welcoming top clubs to Gombe State again.
“I want to commend the Chief Executive Officer of Doma United, Alhaji Suleiman Umar, for his consistent support and commitment to the club.
“I also thank our players and fans for their resilience and dedication, which have paid off,” he said.
Mabu added that the club’s ambition in the NPFL goes beyond participation, expressing confidence in competing for honours and securing a continental ticket.
“We are not just going to participate in the NPFL; we will compete for every available title.
“I am confident we can secure a continental ticket,” he said.
NAN reports that Doma United will be making their second appearance in the NPFL, after recording eight wins, two draws and three losses in the current NNL campaign.
Doma United secure NPFL promotion with win over Mighty Jets
News
Lions, United Nations Strengthen Partnership to Advance Sustainable Development and Community Service in Nigeria
Lions, United Nations Strengthen Partnership to Advance Sustainable Development and Community Service in Nigeria
By: Michael Mike
The enduring partnership between the United Nations and Lions Clubs International took centre stage in Abuja on Thursday as stakeholders gathered to celebrate Lions Day with the United Nations, reaffirming their shared commitment to advancing humanitarian service, sustainable development, and peace.
The event, held at the United Nations House, brought together Lion leaders, development partners, civil society actors, and representatives of UN agencies to reflect on decades of collaboration and explore ways to deepen partnerships in addressing global and local challenges.
Speaking at the gathering, the Multiple Council Chairperson of Lions in Nigeria, Lion (Dr.) Ibrahim Jide Bello, described the celebration as a powerful symbol of the long-standing relationship between the UN and the global service organisation.
According to him, the partnership dates back to 1945 when Lions leaders contributed to discussions around the formation of the United Nations and the framework for civil society engagement.
He noted that for more than a century, Lions worldwide have remained committed to humanitarian service guided by their motto, “We Serve,” with volunteers supporting initiatives in health, education, food security, environmental protection, disaster response, and youth development.
Bello said community-based organisations such as Lions play a vital role in translating global development commitments into tangible results at the grassroots.
“While the United Nations provides global leadership and frameworks for action, Lions translate those ideals into practical impact within communities where change truly begins,” he said.
He added that collaboration between institutions, civil society, and volunteers remains essential in tackling pressing challenges such as poverty, hunger, health inequalities, and climate change.
Also speaking, the Resident and Humanitarian Coordinator (a.i.) of the United Nations in Nigeria, Ms. Elsie Attafuah, described Lions Day with the United Nations as one of the most enduring examples of cooperation between civil society and the global multilateral body.
Attafuah, representing by the Representative of UN Women to Nigeria and the Economic Community of West African States, Beatrice Eyong, noted that Lions Clubs International has maintained consultative status with the United Nations Economic and Social Council since 1947, enabling the organisation to contribute community perspectives to global policy discussions.
Attafuah said the partnership between Lions and the United Nations reflects a shared mission to promote peace, expand educational opportunities, reduce poverty, strengthen health systems, and support vulnerable communities across the world.
She highlighted that Lions have worked closely with UN agencies including UNICEF, World Health Organization, and UNESCO in implementing humanitarian and development programmes.
According to her, the collaboration remains increasingly important at a time when the world faces complex challenges ranging from climate change and migration to public health crises and rising insecurity.
Attafuah stressed that achieving the Sustainable Development Goals by 2030 is still possible if governments, civil society organisations, and volunteers intensify cooperation and focus on key development priorities.
She explained that the United Nations has identified six major transition pathways to accelerate progress on the goals, including improvements in education, digital connectivity, food systems, energy access and affordability, job creation and social protection, as well as climate and environmental action.
The UN official also emphasised the central role of gender equality, noting that empowering women and ensuring their participation in leadership and decision-making remain critical to achieving sustainable development and building peaceful societies.
“Peace, development, and human rights cannot be fully realised without women leading and shaping solutions,” she said.
Both speakers called for stronger partnerships between international institutions and grassroots organisations, stressing that volunteer-driven initiatives can complement global frameworks and policies by delivering practical solutions in communities.
Participants at the event also highlighted the potential of countries in the Global South, including Nigeria, to drive innovation and locally driven solutions in addressing development challenges.
They noted that volunteers, community leaders, and civil society groups remain key actors in mobilising citizens, promoting social responsibility, and supporting development initiatives that directly improve lives.
The annual Lions Day with the United Nations celebration provides a platform for dialogue, collaboration, and renewed commitment to humanitarian service, while recognising the critical role of civil society organisations in supporting global development efforts.
Speakers at the event urged individuals and organisations to continue promoting compassion, service, and collective action, stressing that meaningful change often begins with small but deliberate steps taken within communities.
Meanwhile, the keynote speaker at the event, Dr. Hussaini Abdu said women must move from the margins to the centre of peacebuilding and security governance in Nigeria if the country hopes to achieve lasting stability.
He insisted that: “Empowering women to lead in peace and security processes is not only a matter of fairness but a strategic necessity for sustainable peace.”
Abdu who was former Country Director of ActionAid Nigeria and Plan International, reflecting on Nigeria’s prolonged security challenges, noted that communities across the country have endured insurgency, banditry, and communal conflicts for decades, lamenting that: “These crises have pushed many communities deeper into vulnerability and strained the resilience of institutions,” but: “Yet within these fragile contexts, women have remained central to sustaining communities and building peace.”
He highlighted that everyday the roles played by women in stabilising communities affected by conflict are often overlooked, stating that: “Across different regions, women have mediated disputes, sustained families under extreme conditions, organised grassroots humanitarian responses, and rebuilt trust within fractured communities.”
He stressed that despite their contributions, women remain underrepresented in formal peace and security structures. “Women are invited to the table, but they are rarely placed in positions where they can shape decisions,” she said, adding that meaningful peace requires women to participate not just symbolically but with real influence.
He pointed to structural barriers that continue to limit women’s participation in leadership and governance. “Women are not absent because they lack competence,” she said. “They are excluded because the system was not designed to include them.”
Calling for deeper reforms, he urged stakeholders to rethink power structures in governance and security institutions. “If we are serious about peace, we must be serious about power,” adding that: “A safer Nigeria cannot be built on exclusion or symbolic representation. It must be built on justice, inclusive leadership, and shared responsibility.”
Lions, United Nations Strengthen Partnership to Advance Sustainable Development and Community Service in Nigeria
News
Court orders arrest of Tanimu Turaki For Giving False Information To Police …fixes April 22 for arraignment
Court orders arrest of Tanimu Turaki For Giving False Information To Police …fixes April 22 for arraignment
By: Michael Mike
A High Court of the Federal Capital Territory (FCT) sitting in Maitama has issued a bench warrant for the arrest of the self-appointed factional National Chairman of the Peoples Democratic Party (PDP), Senator Kabiru Tanimu Turaki, (SAN).
Justice Peter Kekemeke issued the arrest warrant on Thursday after Turaki failed to attend court for the purpose of his being arraigned on a one count criminal charge brought against him by the Inspector General of Police (IGP) in which he is accused of, among others, giving false information to the police.
When the case was called on Thursday, lawyer to the prosecution, Usman Rabiu said the business of the court for the day was for Turaki to enter his plea to the charge.
The count in the charge, marked: CR/647/2026 reads:
That you Kabiru Tanimu Turaki, (SAN), male, No: 37 T. Y. Danjuma Street, Asokoro, Abuja on or about 5th October, 2022 at Abuja within the jurisdiction of this honourable court you gave false information to the Inspector-General of Police via petition dated 5th October, 2022 and signed by you on your letter head paper against one Saidi Mohammed Mainasara with intent to use the lawful power of Inspector-General of Police to the injury or annoyance of the said Muhammed Mainasara and you thereby committed an offence punishable under Section 140 of the Penal Code Law.
Turaki’s lawyer, Rabiu noted that the defendant was absent in court despite being served with the charge and also served with a hearing notice by the court, informing him about the day’s proceedings.
The lawyer to the prosecution then invoked the provision of Section 396(2) of the Administration of Criminal Justice Act (ACJA), 2015 to urge the court to issue an arrest warrant for the defendant to be produced before the court for the purpose of his arraignment.
Rabiu faulted the reference by the defence lawyer, Abdulaziz Ibrahim (SAN) to a motion he filed for the defendant, seeking that the charge be quashed.
He argued that the defence could only challenge the validity of the charge only after the plea of the defendant has been taken.
Ibrahim argued otherwise and urged the court to give him five more days to file written addresses to convince the court that the defendant’s presence was not required until the motion was determined.
Ruling, Justice Kekemeke held that despite being aware of the day’s proceedings having been served with hearing notice and the charge, it was wrong for Turaki to fail to attend court without providing any reason.
The judge noted that the defence lawyer did not deny that his client was served with hearing notice of Thursday’s proceedings, but failed to provide any reason why the defendant was not in court.
Justice Kekemeke held that by the provision of Section 396(2) ACJA 2015 where a defendant, who is aware that a charge is pending against him in court but chose to stay away, the proper order to be made is for bench warrant to ensure the production of the defendant to answer to the charge.
The judge held that the motion filed by the defendant seeking the quashing of the charge was not ripe for hearing, adding that such a motion could only be heard after the defendant’s plea had been taken.
He proceeded to issue a bench warrant for Turaki’s arrest to compel the defendant to attend court to answer to the pending charge and adjourned till April 22 for his arraignment.
Court orders arrest of Tanimu Turaki For Giving False Information To Police …fixes April 22 for arraignment
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