Confusion in high places: CBN labels Aisha Buhari’s post on old 500, 1000 naira notes as fake news
The Central Bank of Nigeria (CBN) has refuted claims that it has directed commercial banks to recirculate old 500 and 1000 naira notes.
Aisha Buhari, the wife of President Muhammadu Buhari, on Tuesday, posted a statement that claimed the CBN had ordered the recirculation of the old notes on her Instagram page.
The supposed CBN statement posted by Mrs. Buhari was credited to Osita Nwanisobi, Director of CBN Corporate Communications Department.
Aisha Buhari post
A few hours later, the CBN disowned the statement and described it as ‘fake news’.
“Please be wary of fake news,” CBN said in a tweet with an initial statement, saying the old 500 and 1000 notes have ceased to be legal tender as directed by Buhari.
PLEASE BE WARY OF FAKE NEWS! pic.twitter.com/EZc6ygua3u
— Central Bank of Nigeria (@cenbank) February 21, 2023
Buhari during his national broadcast last Thursday ordered CBN to allow only the old 200 naira notes and redesigned 200, 500 and 1000 naira notes to coexist.
The president said only the 200 old naira notes will continue to be legal tender till Monday, April 10.
He insisted that the Naira redesign was aimed at curbing inflation, and corruption, and improving transparency in cash flow to all sectors of the Nigerian economy.
READ ALSO: Buhari orders CBN to release old ₦200 to coexist with new Naira notes
“I have given approval to the CBN that the old N200 bank notes be released back into circulation and that it should also be allowed to circulate as legal tender with the new N200, N500, and N1000 banknotes for 60 days from Feb. 10, 2023 to April 10 2023,” Buhari said.
“In line with Section 20(3) of the CBN Act 2007, all existing old N1000 and N500 notes remain redeemable at the CBN and designated points.”
Buhari said he sympathises with Nigerians over the difficulties in accessing the new Naira notes.
“Let me assure Nigerians that our admin. will continue to assess the implementation with a view to ensuring that Nigerians are not unnecessarily burdened,” Buhari said. “In this regard, the CBN shall ensure that new notes become more available & accessible to our citizens through the banks.”
Yusuf Abba: Kwankwaso’s PA, son-in-law who will be governor of Kano
Yusuf Kabir Abba was declared the winner of the 2023 governorship election in Kano state on Monday. The flagbearer of the New Nigeria Peoples Party (NNPP) beat his arc-rival, Yusuf Gawuna of the All Progressives Congress (APC), to claim victory in the state.
From personal assistant to governor-elect — who is Yusuf Abba, the man who will become Kano governor?
Abba was born in the year Nigeria became a republic, in 1963. He was born on January 5, 1963 in Gaya LGA of Kano state. He would later attend Sumaila primary school and government secondary school Lautai in the old Kano state.
His secondary education was in Gumel LGA, which is now in Jigawa State. Upon graduation from government secondary school in 1980, he went on to the federal polytechnic, Mubi, where he obtained his national diploma in civil engineering in 1985.
He went on to specialise in water resources/environmental engineering in 1989 at Kaduna Polytechnic. Upon graduation, he served in the National Youth Service Corps (NYSC) at Kaduna Environmental Protection Agency from 1989 to 1990.
QUICK FACT: On May 29, 2023, he will become the second Water Engineer to be governor of Kano state in the fourth republic.
GOVERNOR’S PA WHO WILL BECOME GOVERNOR
Abba might be the first personal assistant (PA) to a fourth republic governor to become governor. Abba served as PA to Rabiu Kwankwaso, the presidential candidate of the NNPP, while he was governor of Kano state from 1999 to 2003.
He also served in the same capacity and also as special assistant to Kwankwaso, in his role as minister of defence in the Olusegun Obasanjo cabinet from 2003 to 2007.
In a 2019 interview with Daily Trust, Abba said he served as PA to Kwankwaso for 12 years, from 1999 to 2011. In 2011, he served in Kwankwaso’s government as a private secretary to the government and was later appointed commissioner for works, housing and transport.
Abba has been with Kwankwaso for 37 years, serving in different capacities.
“Kwankwaso is my leader. I worked with Kwankwaso even when I was in the civil service in the state. I worked under him and have been with him for almost 33 years,” Abba said in 2019.
“In all these years, he has been over and above me so I know him to be my leader, my oga! So people shouldn’t be surprised if I give him the utmost respect and utmost trust. I was his PA during his first tenure from 1999 to 2011”.
KWANKWASO’S SON-IN-LAW-TURNED AVENGER
In 2014, Kwankwaso supported his deputy, Abdullahi Ganduje, in becoming the governor of Kano state. In a few months after the election, both men fell out. Ganduje launched what became a clear attack on Kwankwaso and the Kwankwasiyya movement.
By 2019, Kwankwaso mobilised against Ganduje and supported Yusuf Abba in unseating Ganduje. Abba went on to win the election in the first round, but his victory was not to be as the Independent National Electoral Commission (INEC) declared a supplementary election in 28 of 44 local government areas in the state.
Following the conduct of the supplementary poll, Ganduje was declared the winner with less than 9,000 votes ahead of Abba, who had initially won with over 26,000 votes.
Abba, who is also married to Kwankwaso’s niece, moved with Kwankwaso to the New Nigeria Peoples Party, where they both became flagbearers for presidential and gubernatorial elections. Both men won the elections in the state, but Kwankwaso lost the presidential poll.
As Kwankwaso’s loyalist and son-in-law, Abba will be putting an end to Ganduje’s reign in the state, with expectations that he would be avenging the Kwankwasiyya movement.
He has however said he will not be tied to Kwankwaso’s apron, but be a man for himself, stating that he will only take advice from the former governor.
“He will never interfere in my work. Secondly, if he interferes, in terms of advice, I know that where I go correctly he will encourage me to put in more and where I go wrong he will correct me and tell me what to do. But as far as issues of governance are concerned, believe me, sincerely he is not going to interfere,” he had said.
APC’s Reverend Father Alia wins Benue guber election
Hyacinth Alia, the candidate of the All Progressives Congress (APC), has won the Benue state governorship election.
Alia, a reverend father, garnered 473,933 votes to defeat Titus Uba, the candidate of the Peoples Democracy Party (PDP), who polled 223,913 votes, to be declared the winner on Monday.
Herman Hembe of the Labour Party (LP) scored 41,881 votes.
Faruk Kuta, vice chancellor of the Federal University of Technology, Minna, and the returning officer of the Benue state gubernatorial election, announced the results on Monday at the Independent National Electoral Commission (INEC) collation centre in Makurdi, the state’s capital.
Out of the 23 LGAs in Benue, Alia secured 17, while Uba clinched four and Hembe got one.
TheCable had reported how elections were rescheduled in Kwande LGA over following a mix-up of ballot papers on Saturday.
However, Kuta, said Alia was declared the winner in line with the electoral act and the INEC guidelines.
The law provides for a winner to be declared if the margin of lead of the candidate surpasses the number of registered voters or those who have collected their permanent voter’s cards (PVCs) in an LGA.
Breaking: APC’s Otu wins Cross River governorship election
The Independent National Electoral Commission (INEC) has declared Senator Bassey Otu of the All Progressives Congress (APC) winner of the governorship election in Cross River State.
He defeated Sandy Ojang Onor of the Peoples Democratic Party (PDP) and the Labour Party.
Otu polled 258,619 votes to emerge winner of the election, while Onor of the PDP scored 179, 636 votes to come second, while Labour Party’s candidate polled 5,957 votes.
Eleven political parties contested the election in Cross River State.
See full results below:
Total registered voters: 1, 766,460
Total Voters Accredited: 466, 294
PDP: 179, 636
Valid Vote: 451, 933
Rejected votes: 8923
Total valid votes: 460826
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