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Just In: BUHARI UNVEILS NEW NAIRA NOTES AT FEC
JomogNews Nigeria reports that President Muhammadu Buhari has just unveiled the new naira notes.
Buhari unveiled the new currency notes on Wednesday morning before the federal executive council (FEC) meeting at the state house, Abuja.
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), was in attendance during the unveiling ceremony.
Meanwhile, at a briefing after the ceremony before the Federal executive council meeting, the CBN governor debunked insinuations that the early unveiling of new notes is a means to target any Nigerian.
Mr Emefiele appealed to members of the public that there is no need to perpetuate any such information.
According to him, the CBN will intensify the monitoring process and interrogate the process of withdrawals.
He maintained that there will be heavy restriction on the volume of cash that people can withdraw over the counter, as it works with the EFCC to monitor the purpose of any heavy transactions.
The redesigned currency note he asserts can never be counterfeited, adding that to forestall such occurrence he states that the CBN redesign the notes after every five to eight years.
Following the unveiling of the new note which begins circulation today, the CBN governor announced that the CBN is now more determined to make Nigeria a cashless economy, as in other climes.
The redesigned 200, 500, 1,000 naira notes.
More to follow….
Breaking News
Niger Assembly: Appeal Court Sacks Suleiman Wanchiko, Declares Bako Kasim Winner

The Court of Appeal sitting in Abuja has sacked Suleiman Wanchiko of Peoples Democratic Party (PDP) as the winner of Bida I (North) State Constituency election in Niger and declared Bako Kasim of All Progressives Congress (APC) as the winner of the poll.
The three-member panel, while delivering the judgment through Justice Bature Isa-Gafai, held Wanchiko’s appeal was unmeritorious.
The appellate court agreed with Kasim’s counsel, Johnson Usman, SAN, that Wanchiko, having presented a forged testimonial to the Independent National Electoral Commission (INEC), ought to be disqualified from contesting the election.
The News Agency of Nigeria (NAN) reports that INEC had declared Wanchiko the winner of the Bida I (North) Constituency poll for the Niger State House of Assembly election conducted on March 18.
The electoral umpire had declared Wanchiko as the winner with 12, 062 votes as against 11, 820 votes scored by Kasim.
Dissatisfied with the INEC’s declaration, Kasim and APC, through their Counsel, Mr Usman, approached the state’s election petition tribunal via petition number: EPT/NG/SHA/11/2023 between Bako Kasim and another Vs. Suleiman Muhammad Wanchiko and another.
Kasim filed the petition on the grounds that Wanchiko was not qualified to contest in the election in that he submitted forged testimonial to INEC and that the election was invalid by reason of non-compliance with the Electoral Act, 2022.
At the end of trial, the tribunal found merit in the petitioners’ arguments and disqualified Wanchiko and ordered a re-run without him.
Not satisfied with the judgment of the tribunal, Wanchiko, through his counsel, Aliyu Lemu, SAN, approached the Court of Appeal, praying the court to set aside the decision of the tribunal.
But Kasim’s lawyer urged the court to dismiss the appeal and return his client as the winner of the election.
The appellate court upheld Usman’s argument that Wanchiko, having been disqualified, the proper order was to return Kasim as the winner of the poll and directed INEC to issue him a Certificate of Return.
(NAN)
Breaking News
Lagos Assembly Confirms 3 Sanwo-Olu’s Cabinet Nominees

The Lagos State House of Assembly on Monday confirmed three of Governor Babajide Sanwo-Olu’s nominees of cabinet rank.
The House confirmed Mr. Abiodun Ogunleye for the position of commissioner. It also approved two others for the positions of Special Adviser to the governor (cabinet ranks).
Their confirmation took place during a plenary presided over by the Speaker of the House, Rt. Hon. Mudashiru Obasa.
Earlier, Hon. Mojeed Fatai, chairman of the ad-hoc committee set up to screen nominees of the governor, told the House that the committee did a thorough job in line with the task handed it by the Speaker.
Dr. Obasa, citing Section 192 (Part II), Chapter 6 of the 1999 Constitution of the Federal Republic of Nigeria (as amended), confirmed the nominees after securing a unanimous voice vote of the lawmakers present.
Breaking News
Ogun: Court Of Appeal Affirms Dapo Abiodun As Governor

Appeal Court, sitting in Lagos, has affirmed Dapo Abiodun as the duly elected Governor of Ogun State.
Details later…
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