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ACF knocks Buhari, says ‘Naira redesign policy has damaged your credentials’

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The Arewa Consultative Forum (ACF) has said the introduction of the naira redesign policy has damaged the credentials of President Muhammadu Buhari.

In a statement on Sunday, Murtala Aliyu, secretary general of the forum, said the scarcity of cash in the country could lead to breakdown of law and order.

The forum called on Buhari to respect the ruling of the supreme court which says the old notes remain legal tender until December 31.

“Some ten days ago, the Supreme Court of Nigeria held that President Muhammadu Buhari breached the constitution in the way he issued a directive to the CBN for the redesign of the naira without consulting with the National Council of States and the federal executive council,” the ACF said.

“It went further to rule that the unconstitutional use of powers by the president on the naira redesign has breached the fundamental rights of Nigerian citizens in various ways.

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“The state governors have persistently argued that the policy which permitted the CBN to place an embargo on the circulation of old N500 and N1,000 naira notes, while not providing their replacement in sufficient amounts, had triggered severe cash shortage and chaos in the economy.

“It has led to runaway inflation in food and other commodities. Huge crowds and long queues form around bank offices and ATM points across the country as people struggle to get the new cash which have remained extremely scarce. It has triggered riots and other forms of civil unrest.

“Whatever the CBN or anyone else say about the benefits of the policy, which evidently are many, is of little comfort as soon as the highest court in the country has deemed that it is, or at least the manner of its implementation, breaches the law.

“Ten days is long enough time for the government to find its way towards complying with a court order which import is central to the achievement of peace, order and good governance in the country.

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“President Buhari is under oath to defend the constitution of Nigeria. As his long term supporters, it will be remiss of us if we fail to warn that the much touted benefits of the Naira redesign can never justify the damage to his credentials as a democrat and a stickler for the rule of law.”

The ACF said the president should not pay a heavy price on account of a policy whose immediate goals are not entirely clear to a majority of Nigerians.

BACKGROUND

On October 26, 2022, Godwin Emefiele, CBN governor, announced the plan to redesign the biggest denominations of the country’s currency to control the money supply and aid security agencies in tackling illicit financial flows.

Emefiele had said the new notes (N200, N500, and N1000) would be effective from mid-December 2022, advising customers to deposit their old notes before January 31, 2023, when they would cease to be legal tender.

The January 31 deadline sparked controversies as many Nigerians could not access the new naira notes.

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On January 29, Emefiele said Buhari had approved the extension of the phase-out to February 10. On February 8, the supreme court temporarily restrained the federal government from banning the use of the old naira notes from February 10, 2023, pending the hearing of the matter on February 15.

Despite the court’s order, Emefiele insisted on the deadline.

Last week, the supreme court ruled that the old N200, N500, and N1,000 notes remain legal tender until December 31, 2023.

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Court remands Ekiti LG vice-chair in prison custody over alleged self-kidnapping

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The vice-chairman of Ilejemeje Local Government Area in Ekiti state, Grace Ogunleye, has been remanded at the Ado-Ekiti Correctional Centre following her arraignment on charges bordering on conspiracy and self-kidnapping.

Ogunleye was arraigned on Wednesday alongside three others before a chief magistrate’s court in Ado-Ekiti, the state capital.

Sunday Abutu, Ekiti police spokesperson, said the suspects were arraigned after a thorough investigation into the allegations against them.

Akinwale Oriyimi, the prosecutor, informed the court that the case file had been forwarded to the state’s director of public prosecutions for legal advice and requested the remand of the accused.

Abayomi Adeosun, the chief magistrate, subsequently ordered that the defendants be remanded at the Ado-Ekiti Correctional Centre pending further proceedings.

Ogunleye was declared kidnapped on May 20 after her vehicle was reportedly found abandoned along the Ipere–Iludun Ekiti road.

Initial reports suggested she had been abducted by gunmen shortly after leaving the council secretariat.

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She was later rescued unharmed in a joint operation by security operatives.

However, police investigations subsequently alleged that the abduction was staged to raise funds to settle her financial obligations and outstanding political commitments.

Pius Dada, the chairman of Ilejemeje LGA, condemned the alleged act, describing it as embarrassing and unacceptable.

Dada warned that the development could erode public trust in government officials and security agencies, adding that no public office holder would be shielded from justice if found culpable.

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Good morning! Nigerian Newspapers  Headlines: Oyo, Borno abductions: Tough terrain, casualty fears stall rescue mission

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1. Difficult terrain, fears over the safety of dozens of kidnapped pupils and teachers, and demands by the abductors for the release of detained terrorist commanders have emerged as major obstacles to ongoing efforts to rescue victims of the recent school attacks in Oyo and Borno states, The PUNCH has learnt.

2. There are indications that state police may soon come to fruition as part of efforts to address security challenges. On Thursday, the actualisation plan reached a significant milestone as more than three months of consultations among the Executive, the Legislature, security agencies, particularly the police, and other stakeholders, were concluded at the Presidential Villa.

3. The House of Representatives was on Thursday thrown into rowdy session as the Deputy Spokesperson, Hon. Philip Agbese, alleged his signature was forged on a list of opposition members who endorsed Imo lawmaker, Hon. Ikenga Imo Ugochinyere, as the new Minority Leader. Coming under a motion of personal privilege on the floor of the House, Hon. Agbese denied ever endorsing Hon. Ugochinyere, saying the development infringed his privilege as a member of the Minority Caucus.

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4. Osun State police command on Thursday said it has launched a probe into the attack on the Accord chairman for Osogbo Local Government Area, Asimiyu Ajibola, which left him battling for life at the Osun State University Teaching Hospital, Osogbo. The command, in a statement signed by its spokesperson, Abiodun Ojelabi, said the incident occurred on Wednesday in the MDS Area of Osogbo, when two armed men riding on a motorcycle attacked the victim in an apparent attempt at murder.

5. Yoruba Nation activist, Sunday Adeyemo, popularly known as Sunday Igboho, has threatened to release the names of politicians behind the abduction of students in the Oriire Local Government Area of Oyo State. The activist said this while speaking to the new executive members of the National Association of Nigerian Students led by Akinteye Bàbàtunde at his residence in the Soka area of Ibadan.


6. A tricycle rider simply identified as IK has allegedly beaten his lover and mother of two to death following a heated argument and reportedly fled, leaving her corpse with their children in Ogbogoro Community in Obio/Akpor Local Government Area of Rivers State. The incident, said to have occurred along the CPM Street axis of Ogbogoro on Tuesday, sent shock waves through the community as some residents tried to catch a glimpse of the gory scene to confirm the sad news.

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7. The Anambra State government has vowed to ensure justice for a 16-year-old girl who was gang-raped by eight men, including her guardian, in the Nawfia community, Njikoka Local Government Area of the state. The state Commissioner for Women Affairs and Social Welfare, Esther Onyekesi, stated this when the survivor (name withheld) was brought to her office in Awka on Thursday.

8. The Labour Party has summoned a meeting of its National Executive Committee for June 11 to ratify the results of its recently concluded primary elections and approve the submission of candidates for the 2027 general elections to the Independent National Electoral Commission. The party disclosed this in a statement issued on Thursday by its National Publicity Secretary, Ken Asogwa.

9. The All Progressives Congress has disowned a purported list of its senatorial candidates currently circulating on social media and some online platforms, describing it as fake. The party said the list titled “Concluded List of APC Senatorial Candidates So Far” did not emanate from it and should be disregarded in its entirety. This was contained in a statement issued on Thursday in Abuja by the APC National Publicity Secretary, Felix Morka.

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10. Residents of Oda Community in Akure South Local Government Area of Ondo State were thrown into shock after a 38-year-old man, Nsikak Kingsley, allegedly beat his father, Adone Peter, to death during a dispute. Although the cause of the disagreement between the 65-year-old father and son, which reportedly escalated into a physical assault, was not disclosed, the state Police Public Relations Officer, DSP Abayomi Jimoh, said in a statement on Thursday that the suspect had been arrested and detained

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Police arrest suspect over AI-generated voice note attributed to Tinubu

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The special adviser to the president on information and strategy, Bayo Onanuga, on Thursday night disclosed that the police have arrested one Ifechukwu Dennis, the suspect accused of creating an artificial intelligence (AI)-generated voice note of President Bola Tinubu.

In an X post on Thursday, Onanuga said Dennis was arrested in Benin City, the capital of Edo state, by a crack team from the office of the inspector-general of police (IGP).

“The IGP crack team has arrested Ifechukwu Dennis, who originated the fake voice that he passed on to his gullible targets as President Tinubu’s voice,” the presidential spokesperson wrote.

“Dennis was arrested in Benin. The police will issue an official statement.”

The arrest comes days after a controversial audio recording, generated using AI and made to sound like Tinubu, circulated widely on social media.

The voice note contained several inflammatory claims, including allegations that insecurity in the south-east was deliberate, that Tinubu pressured Peter Obi, the 2023 presidential candidate of the Labour Party (LP), to step down ahead of the last general election, and that he was unconcerned about the hardship faced by Nigerians.

See also  Why I approved redesign of Naira notes locally – Buhari

“I’ve begged Peter Obi to step down for me. He refused. Now I will make sure the insecurity affects only South East,” the voice note claimed.

The audio gained wider attention after it was featured in a video posted on May 27 by Martins Otse, the social media activist popularly known as VeryDarkMan (VDM).

Reacting to the video at the time, Onanuga called for the arrest of the activist, accusing him of disseminating false information.

“This VDM needs to face the weight of the law for being the conveyor and disseminator of a fake audio of President Tinubu,” he wrote.

“This is a clear case of an egregious abuse of the social media platform.”

The police have yet to issue an official statement on the arrest or disclose the charges that may be filed against the suspect.

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