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
Nigeria’s North Poised for Transformation as New Analysis Shows Investing in Girls Could Yield Massive Returns
Nigeria’s North Poised for Transformation as New Analysis Shows Investing in Girls Could Yield Massive Returns
By: Michael Mike
A groundbreaking new policy brief has revealed that investing in adolescent girls in Northern Nigeria could deliver life-changing gains for young women and multibillion-dollar returns for the country.
The latest findings support what experts have long argued: that educating girls is not just a social imperative but one of the highest-yielding economic investments Nigeria can make.
According to the new analysis, scaling up proven programmes in Kano and Kaduna States with an investment of US$ 114 million over four years would reach 1.1 million adolescent girls and generates 3.9 million additional years of schooling averts 327,000 child marriages, prevents 383,000 adolescent pregnancies, saves 3,651 adolescent mothers’ lives, reduces 35,675 under-five deaths and delivers an astonishing 21-to-1 return on investment, valued at $2.5 billion
Policymakers are calling the findings a “wake-up call” for national and state governments and an opportunity Nigeria cannot afford to miss.
Despite progress in some parts of the country, millions of Nigerian girls especially in the North still face interrupted education. More than 7.6 million girls are out of school, half of them in the Northwest and Northeast. And while the national secondary school completion rate hovers at 34%, it is just 28% in the Northwest.
The consequences are immediate and generational. Girls without schooling face earlier marriage (median age 16.6 with no education vs. 21.7 for those completing secondary school), higher risk of intimate partner violence, reduced decision-making power Increased risk of maternal complications and death, a greater likelihood of having stunted or malnourished children
Unfortunately, these outcomes reverberate through communities, reinforcing cycles of poverty, poor health, and limited opportunity.
But fortunately, Northern Nigeria is not starting from scratch. The Centre for Girls’ Education (CGE) in Kaduna has spent over a decade pioneering targeted, evidence-backed models that are now informing national policy.
The Executive Director of the Centre for Girls’ Education (CGE), Habiba Mohammed, delivered an urgent call for Nigeria to expand opportunities for every girl—whether in school, out of school, married, young, or facing barriers to further education.
She said educating girls is the foundation for safer communities, stronger families, and a more prosperous nation.
Speaking to policymakers, development partners, teachers, and community members, Mohammed outlined CGE’s comprehensive approach to supporting girls aged 4 to 24, emphasizing that the organization “works with girls at every stage” from preschoolers to married adolescents, from girls seeking vocational skills to those aiming for careers in STEM.
CGE’s model blends literacy, numeracy, life skills, vocational training, and mentorship in safe spaces across communities and schools.
She said: “We train teachers to become mentors. This gives us ripple effects indirect beneficiaries who carry forward the skills and knowledge.”
The organisation works hand-in-hand with community leaders, religious leaders, parents, husbands of married adolescents, school heads, and government officials, ensuring interventions align with local realities.
CGE also collaborates closely with local government education authorities to secure school placements for girls returning to the classroom and to ensure smooth transitions from one level of schooling to the next.
“We don’t want a situation where girls drop out. When girls learn, the possibility of them being retained in school is very high,” she said.
Mohammed highlighted the story of Sakina, a CGE beneficiary who used her voice to spark policy change.
During an advocacy visit supported by the Malala Fund, Sakina told the former governor of Kaduna State:
“I have achieved something, but I have sisters out there who need the same opportunity. School fees are stopping many girls.”
Her plea moved the governor to scrap school fees for all children girls and boys from primary through senior secondary school. The reform became reality, opening classrooms to thousands of learners.
“The voice of the girl was powerful,” Mohammed said. “When we get the right stakeholders, no girl will be left behind.”At CGE, girls are not passive recipients they are activists.
“We believe in the slogan: nothing for us without us,” Mohammed said. “We train our girls to use their voices to speak to policymakers.”
Girls supported by CGE appear on radio and TV, advocate in Hausa and English, and speak publicly about why they want education and why it is a fundamental right.
Addressing the barriers faced by married adolescents, Mohammed shared her own story of completing university while raising three children:
“I was eight months pregnant with my first child when I started university… and before I graduated, I had three children. It did not stop me.”
She stressed that married girls can thrive academically if given supportive environments including child care options, mentorship, and encouragement from family members.
“Our mothers-in-law, co-wives, and extended families can help us continue,” she said. “The issue is understanding not control.”
According to her, girls trained in CGE safe spaces develop the life skills to navigate complex family dynamics. “When you see them, everybody wants to be like them.”
Security threats from community clashes to insurgency remain a challenge. While CGE cannot enforce security, Mohammed said community partnerships are critical.
“Our focal persons inform us immediately if there is a conflict. The safety of mentors, staff, and girls is a priority.”
Communities themselves provide protection and ensure that programmes continue when conditions are safe.
Mohammed urged state governments to develop concrete policies that allow girls who married early or became pregnant to return to school seamlessly.
“Every girl who wants to go back to school should find the door open,” she said.
She pointed to CGE research showing that transition from primary to secondary school was once only 4% in programme communities. But after just one year of life skills intervention, 82% of girls re-enrolled.
“This shows what can happen when girls gain confidence and support,” she said. “Now it is the responsibility of government to create space for every girl.”
“Issues of early marriage will be history. Issues of girls not going to school will be history. Issues of gender-based violence, Boko Haram, kidnapping all will be history in Nigeria. The only thing we need is to educate the girl child.”
Mohammed emphasized that the goal is not to position education against marriage, but to ensure that girls enter both on their own terms, prepared, informed, and empowered.
“Marriage does not stop education, and education does not stop marriage”
Mohammed challenged the widespread belief that schooling and marriage are mutually exclusive for girls in Northern Nigeria. Instead, she argued that girls should marry “at an appropriate age, when she is ready”and that readiness is most often achieved when they complete secondary education.
“For us, it is not the age, it is the maturity,” she said. “If a girl is able to marry after completion of secondary school, she is ready.”
“A girl who is able to go through a life skills component… will understand that she has a voice. She can use her voice,” she said.
According to her, stigma loses its power when girls develop self-confidence and resilience. “Even if it is there, it will not stop her from achieving her goals.”
CGE’s life skills curriculum includes lessons on self-esteem, communication, goal setting, and managing emotional and psychological challenges such as trauma from gender based violence.
Mohammed also discussed CGE’s innovative approach to literacy, supported by the Jolie-Phoenix phonics component, which transforms learning into an interactive, fun experience.
“It is a fun way of learning. The participants learn between songs,” she explained.
She noted that the approach has yielded success, particularly for girls who previously struggled with literacy, stating that phonics-based lessons enable girls to read and write, adding that local -language numeracy makes mathematics easier to grasp, being able to read signs in hospitals, on the road, or at school motivates girls to stay in school; peer learning allows fast learners to support slower learners, strengthening community bonds and accelerating progress.
Mohammed said: “In Hausa, they want to see the end of that education,” describing the sense of achievement girls feel when they can read independently.
She noted that effective teacher training is absolutely critical and that “no teacher is untrainable.”
From her experience recruiting mentors from public schools, she recounted how educators who initially struggled quickly transformed with the right training:
CGE’s life skills curriculum also includes modules to support survivors of rape, domestic abuse, and other forms of gender-based violence. These sessions help girls rebuild emotional strength and regain control of their lives.
“They can be able to do better with their emotions,” habiba explained. “They can be able to help themselves out of the situation they found themselves in.”
She appeal for collaboration among government agencies, civil society, donors, teachers, traditional leaders, and parents.
“If we put our hands and heads together, not working in silos… we will be able to reach where we want to go about girls’ education,” she said.
CGE’s model continues to demonstrate that when girls are nurtured academically, emotionally, and socially, they thrive regardless of the stigma or barriers around them.
Nigeria’s North Poised for Transformation as New Analysis Shows Investing in Girls Could Yield Massive Returns
News
Lincoln University, Kumo launches admission portal, pledges commitment to quality education
Lincoln University, Kumo launches admission portal, pledges commitment to quality education
Prof. Adamu Sadiq Abubakar, the Vice Chancellor of Lincoln University Kumo, the first foreign university in Nigeria, licensed by the National Universities Commission (NUC) has opened its admission portal for the enrolment of students for the 2025/2026 academic session.
Abubakar, who made the announcement at a news conference at the school premises in Kumo, Akko Local Government Area of Gombe State, described the development as a significant milestone, noting that Lincoln University Kumo is the first institution to operate in Nigeria under the Transnational Education (TNE) model.
He said applications could be completed through the university’s portal, after which qualified applicants will receive admission within five working days and upon graduation, students would earn foreign-certified degrees while studying locally in Nigeria.
According to him, the institution was established through a public-private partnership between the Gombe State Government and Lincoln University Malaysia.
“The university currently operates three faculties Medicine and Allied Health Sciences; Sciences and Computing; and Management and Social Sciences—with programmes including Medicine (MD/MBBS), Nursing, Public Health, Community Health, Radiography and Medical Imaging, Health Information Management, Microbiology, Biochemistry, Biomedical Science, IT, Cybersecurity, Business Administration, Accounting, Oil and Gas Management, and Mass Communication,’’the Vice Chancellor said.
Abubakar lauded Gov. Inuwa Yahaya of Gombe State for providing the enabling environment that facilitated the smooth take-off of the institution.
Speaking via Zoom, the President and Founder of Lincoln University College Malaysia, Professor Amiya Bhaumik, described the launch of admissions as a historic moment for the university.
Bhaumik assured that the quality of education delivered in Kumo would match what students receive at the university’s headquarters in Malaysia.
He said the university was founded on the belief that everyone has a right to quality education and expressed gratitude to the Gombe State Government for its support.
The institution’s President added that Lincoln University’s programmes were globally recognised, enabling graduates to compete internationally and pursue global entrepreneurship, stressing that Lincoln trains students to become job creators rather than job seekers.
Also speaking, the Vice President and CEO of Lincoln University Nigeria, Dr. Murtadho Alao, highlighted the university’s global rankings and accreditation by the Malaysian Qualifications Agency, Times Higher Education, and QS World Rankings.
He said the TNE model offered Nigerians an affordable alternative to foreign education while still earning an internationally recognised degree.
Alao explained that tuition fees range from ₦100,000 to ₦150,000 per semester, with scholarships of at least 50% for all Nigerians and up to 60% for Gombe indigenes.
He said the institution’s curriculum integrates Practical Class Assessment (PCA) and Practical Skill Application (PSA) to equip students with employability and entrepreneurial skills.
Lincoln University Kumo announced that it will run up to two admission intakes annually and reaffirmed its commitment to expanding access to quality education and building a generation of graduates capable of driving innovation, entrepreneurship, and socio-economic development in Nigeria.
Lincoln University, Kumo launches admission portal, pledges commitment to quality education
News
NHRC Gives Human Rights Media Award to ThisDay Correspondent
NHRC Gives Human Rights Media Award to ThisDay Correspondent
By: Michael Mike
The National Human Rights Commission (NHRC) has given ThisDay correspondent, Michael Olugbode its 2025 Human Rights Media Award.
Also awarded in a special recognition marking its 30th Anniversary are
Falmata Daniel of Premium Times and Emeka Amafor of TV 360. UNHCR and Dorothy Njemanze Foundation were also awarded for their contributions to human rights.
In a citation, Michael Olugbode was described as “a veteran Nigerian journalist whose career spans more than twenty-five years of dedicated service, distinguished reportage, and unwavering commitment to truth and public accountability. A graduate of Business Administration, he began his professional journey with the Nigerian Tribune, where he was employed as a business correspondent.
“His career took a defining turn when he joined ThisDay Newspaper, one of Nigeria’s leading national dailies. Michael was posted to Maiduguri at a time when the Boko Haram insurgency was intensifying, and it was there that he produced some of his most impactful work.
“He covered the insurgency and its devastating humanitarian consequences with rare courage and empathy, bringing national and international attention to the plight of affected communities.
“Following the relative easing of the crisis, Michael was redeployed to Abuja, where he now covers major beats including Foreign Affairs, the Interior Ministry, and several strategic agencies and parastatals. Among these is the National Human Rights Commission (NHRC), where he has distinguished himself as one of the Commission’s most consistent and accurate chroniclers. His reportage on human rights issues is marked by depth, clarity, and an unwavering commitment to factual accuracy.
“Michael is widely respected for his professionalism, consistency, and ethical approach to journalism.
“He is known for syndicating NHRC stories across multiple platforms, ensuring wide visibility and public engagement. His dedication to promptly delivering credible reports, as well as his habit of ensuring his beat is fully covered even in his absence, reflect his exceptional work ethic and sense of responsibility.
A hardworking and principled journalist, Michael Olugbode has contributed immensely to strengthening public awareness on governance, humanitarian issues, institutional accountability, and human rights in Nigeria.”
Michael Olugbode was also described as one of Nigeria’s most respected journalists.
In his speech, the Executive Secretary of NHRC, Tony Ojukwu at the occasion commemorating its 30th anniversary and 2025 International Human Rights Day, said:
“As Nigeria’s National Human Rights Institution, we recommit ourselves today to the mandate that has guided us for 30 years to protect, promote, and enforce the rights of all persons in Nigeria.
“This Year’s event is a special one. It commemorates the 30th anniversary of Nigeria’s National Human Rights Institution. Hence, we proudly celebrate 30 years of service to humanity since our establishment in 1995.”
He explained that International Human Rights Day is celebrated every year on 10 December to commemorate the adoption of the Universal Declaration of Human Rights (UDHR) by the UN General Assembly in 1948.
He added that it serves as a global call to action to uphold everyone’s fundamental rights, dignity, and freedom from discrimination.
This year’s International Human Rights Day is themed ‘Human Rights, Our Everyday Essentials’.
According to the United Nations, the theme is necessary to re-emphasise the values of human rights as a unifying solution to the challenging and uncertain times.
NHRC Gives Human Rights Media Award to ThisDay Correspondent
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