Connect with us

News

Naira crisis: Sanwo-Olu calls for continuous calm

Published

on

 

Lagos State Governor, Bababjide Sanwo-Olu, has directed security personnel to be on red alert to forestall possible uproar arising from the current naira crisis across the state.

The governor stated this on Saturday morning, while briefing newsmen on the state of the nation, at Lagos House, Marina, Lagos.

Sanwo-Olu, however, appealed to residents to continue to keep the calm in the face of harsh challenges as the state government has commenced measures to cushion the effects.

He also warned residents not to be used by mischief makers which the governor called”opportunists” for selfish ends.

According to Sanwo-Olu,” This address is necessary in view of the ongoing situation in the country, regarding the change of currency notes and the attendant hardships being faced by ordinary Lagosians.

‘First, let me thank you the good people of Lagos for your patience and unwavering perseverance even in these challenging times.

“My fellow Lagosians, this is a heartfelt call to you, as your Governor, to please remain calm at this time, and avoid all forms of violence, arson and rioting.

See also  JAMB makes Email address compulsory for UTME registration

Even in the face of the difficulties and frustrations being faced by all, violence and destruction should not and will never be the answer.

“We have noticed with dismay the rampant incidents surrounding some of the players in the financial services value chain (POS Agents/Operators); as well as petrol station attendants who have taken the current challenges to mean an opportunity to extort hard working and law abiding Lagosians with extortionate service charges on funds withdrawal and sale of PMS.

“Let me appeal to those involved in such behavior to desist from such sharp practices. It is especially in difficult times like these that we all need to be our brothers’ and sisters’ keeper and do everything we can to contribute to lessening the hardships faced by our fellow Lagosians.

“This is not the period to sacrifice empathy, compassion, and humanity on the altar of profit making.

“To my good people of Lagos, please resist the opportunists who seek to take advantage of the anger and frustration that you all are feeling to hijack the situation and foment trouble.

See also  Encroachments: Lagos to demolish illegal structures in Sangotedo, Ago Palace

“We know that there are unscrupulous persons who want to sow seeds of violence and discord by their very utterances and actions, all with the view of robbing you of the chance to cast your votes in the February 25 Presidential and National Assembly elections.

“Do not allow them to use you to achieve their evil intentions. There is no justification whatsoever for attacking public or private property.

“The law enforcement agents have received clear instructions to take full control and ensure zero tolerance for any and all acts of arson, violence and destruction.

“I enjoin all law-abiding Lagosians to carry out their lawful activities without fear.

“As a government that fully understands the challenges that you are faced with, with regards to access to cash, we are working very hard to provide palliative measures to lessen the burdens being faced.

“As part of these measures, I have already approved an immediate reduction in transportation charges for public￾owned transport, across the Lagos State public transport system: our buses, ferries and taxis.

“We are also equally in discussion with private transport operators not to hike fares at this point of time, given the difficult circumstances in which many Lagosians find themselves.

See also  Court sentences man to life imprisonment for defiling six-month old baby in Lagos

“We have also since commenced the distribution of food packs, to the most vulnerable citizens, the people most impacted by this disruption in the supply of cash.

“We will continue to highlight more vulnerable groups within our distribution channels who would benefit from the palliatives s we scale up the rollout of these palliatives, we ask for your continued patience and understanding.

“Remain calm and go about your lawful activities and duties. The Lagos State Government under my watch will continue to stand by, with and for the ordinary people of Lagos.

“Let me, at this juncture, also thank the Police and other security agencies/operatives that have been working round the clock to maintain the peace, law and order in our State – we owe you a debt of gratitude.

“I also use this opportunity to ask you not to relent in your efforts at continuing to keep the peace in and around the metropolis.”

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

EFCC says it froze Osun account over ‘fraudulent handling’ of N11bn ecological, intervention funds

Published

on

By

The Economic and Financial Crimes Commission (EFCC) has explained that it froze the bank account of the Osun state government over alleged fraudulent handling of N11 billion ecological and intervention funds.

The anti-graft agency, in a statement on Wednesday, said it has been investigating the Osun state government since March regarding the alleged mishandling of the funds.

According to the agency, some officials of the state government, including the accountant-general of the state, had been interviewed by EFCC investigators.

The agency said amid the probe, it observed that huge transfers of funds were being made from the account into different corporate entities since August 2.

“These ongoing investigations of the state government would not have warranted any placement of Post No Debit order on its account but for the precipitate and unwarranted movement of funds from the accounts to different suspicious accounts since August 2, 2026,” the statement reads.

See also  Lagos Govt signs agreement for 704-unit Odonla-Odugunyan housing estate project

“The Commission noticed huge transfers of funds into different corporate entities and had to swiftly halt the trend by freezing the accounts from which such heavy funds are being moved.

“The EFCC’s preventive mandate is a public-inclined framework of safeguarding public funds, assets and resources.

“The Commission cannot watch idly while a state government’s account is being pillaged.”

The anti-graft agency said it is aware of the forthcoming Osun governorship election, adding that it is “uncharitable” to overlook the huge transfers of funds over the “excuse of an upcoming election”.

“The Osun State government account was frozen to save public funds from being looted,” the agency said.

In a letter dated August 5, 2026, and signed by Adenike Babalola, assistant commander of the EFCC on behalf of the director of investigation, the anti-graft agency directed First Bank not to allow withdrawals from the Osun state government’s statutory allocation account as part of an ongoing investigation.

See also  Elections will hold despite attacks, INEC reassures Nigerians

The agency instructed the bank to place a post-no-debit restriction on the account pending the conclusion of the probe.

Reacting to the development, Ademola Adeleke, Osun governor, said the state government will not accept a situation in which federal government agencies trample upon the rights of subnational governments.

Adeleke said the Osun government has been witnessing numerous sponsored attacks, including the harassment of Accord party members and the move to stall the operations of LGAs in the state.

Adeleke said he has directed the attorney-general of the state to challenge the “illegality”.

Continue Reading

News

Osun threatens lawsuit as EFCC freezes govt account 10 days to election

Published

on

By

Less than 24 hours after Governor Ademola Adeleke alleged that the Economic and Financial Crimes Commission (EFCC) was planning to freeze the state government account domiciled with First Bank, the anti-graft agency has reportedly freezed the account, according to Vanguard.

The account, reportedly used for the payment of workers’ salaries, was placed on “Post No Debit” status by the anti-graft agency.

The development came hours after Governor Ademola Adeleke raised the alarm that the EFCC was planning to freeze the state government’s accounts and those of top government officials ahead of the August 15 governorship election.

In a statement issued earlier on Wednesday by the Commissioner for Information and Public Enlightenment, Kolapo Alimi, Adeleke described the alleged move as an attempt to cripple government activities before the poll.

The governor had insisted that there was no legal basis for freezing the accounts of a state government, arguing that the EFCC lacked the statutory powers to take such action.

See also  Police rescue abducted student in Lagos, arrest two suspects

However, a source reportedly told Vanguard that the account had already been restricted.

“I can confirm that the state government account has been frozen by the EFCC. It is no longer an allegation. The governor will address the press shortly to update the public on the situation,” the source reportedly told Vanguard.

The reason for the restriction was not immediately known as of the time of filing this report.

The EFCC had yet to issue an official statement on the development.

The development comes as Osun prepares for its August 15 governorship election, with the account restriction expected to generate political reactions ahead of the poll.

Meanwhile, the state’s Attorney General and Commissioner for Justice, Oluwole Jimi-Bada, had said he has the mandate of the governor to sue the Economic and Financial Crimes Commission for freezing the government accounts.

Jimi-Bada said a ‘Post no debit’ letter from the EFCC was forwarded to the management of the First Bank where Osun government accounts were domiciled on Wednesday.

See also  JAMB makes Email address compulsory for UTME registration

The commissioner, who expressed readiness to proceed to court, said the move by the anti-graft agency may hamper government’s business, noted that Governor Ademola Adeleke was not using state funds to run its campaign for reelection.

“I have the mandate of the governor to proceed to the Federal High Court to challenge this move. EFCC can investigate the accounts but it can’t freeze the accounts without order of court.

Continue Reading

News

WAEC releases 2026 WASSCE results, withholds 167,486 candidate’s results over malpractice 

Published

on

By

The West African Examinations Council says it is withholding the results of 167,486 candidates, representing 8.59 per cent of those who sat the 2026 Computer-Based West African Senior School Certificate Examination for School candidates, over alleged examination malpractice.

This was disclosed by the Head of WAEC Nigeria National Office, Dr Amos Dangut, who announced the release of the results in Lagos on Wednesday.

The number of withheld reults, however, represents a decline from the 9.7 per cent recorded in 2025.

Dangut said the council withheld the affected results due to various infractions, including the increasing use of mobile phones in examination halls despite the existing ban and organised cheating in some schools.

“The increasing use of cell phones in the examination hall, in spite of the existing ban, and organised cheating in some schools, are other nagging issues,” Dangut said.

He added that some supervisors and invigilators found assisting candidates in malpractice had been arrested and would face disciplinary action through the relevant state ministries of education.

See also  How ‘fake security agents’ attacked NDLEA officers, rescued drug baron in Lagos

A total of 1,959,668 candidates from 24,207 schools registered for the examination across Nigeria, Benin Republic, Côte d’Ivoire and Equatorial Guinea, while 1,950,726 candidates eventually sat for the examination.

1,200,514 candidates (61.54 per cent) obtained credits and above in at least five subjects, including English Language and Mathematics.

1,687,378 candidates (86.50 per cent) secured credits and above in a minimum of five subjects, with or without English Language and Mathematics.

The number of candidates who obtained credits in five subjects including English and Mathematics dropped by 1.42 percentage points compared with the 2025 examination.

Of the 1.2 million candidates who achieved credits in English and Mathematics:

558,883 (28.65 per cent) were male.

641,631 (32.89 per cent) were female.

Overall, 997,267 females (51.12 per cent) and 953,459 males (48.88 per cent) participated in the examination.

WAEC said 1,834,695 candidates, representing 94.05 per cent, had their results fully processed and released, while the results of 116,031 candidates (5.95 per cent) were still being processed.

See also  Sanwo-Olu approves 20% salary increase for Lagos civil servants

The council also disclosed that 1,213 candidates with special needs participated in the examination. They included:

137 visually impaired candidates;

491 candidates with hearing impairment;

55 spastic and mentally challenged candidates; and

41 physically challenged candidates.

The 2026 examination marked the second edition of the Computer-Based WASSCE for School Candidates, following the introduction of the format by WAEC.

Dangut said the council introduced several innovations, including the Digital Examiner Mark System to improve the speed of processing results, serialisation of question papers to curb malpractice, and a new portal that allows candidates to generate e-PINs directly for checking their results.

The examination was conducted between April 24 and June 19, 2026, with 102,708 examiners involved in marking across 88 marking venues.

Dangut, who described the briefing as his third and final engagement as WAEC Nigeria National Office head, said candidates sponsored by states indebted to the council would not have their results released until the outstanding payments were cleared.

See also  JAMB makes Email address compulsory for UTME registration

Continue Reading

Trending News