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Emefiele’s Naira Policy Is Ill-Conceived, Designed To Scuttle Elections —– Oshiomhole

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Former Edo State Governor Adams Oshiomhole described the policy, the implementation of which started in January, as one designed to scuttle the elections scheduled for February 25 and March 11.

“It (policy) is ill-conceived, not well-thought-out and poorly timed,” Oshiomhole said.

The former Nigeria Labour Congress (NLC) President accused the CBN Governor, Godwin Emefiele, of taking advantage of President Muhammadu Buhari’s anti-corruption posture to pit him against Nigerians.

Oshiomhole spoke yesterday on a Channels Television programme, ‘The 2023 Verdict’.

Also yesterday, members of the House of Representatives threatened to cut their recess, should the scarcity of the new naira notes persist.

Speaker Femi Gbajabiamila, who dropped the hint in Lagos, said members of the Green Chambers will continue to monitor the policy implementation.

According to the Speaker, the House may reconvene before the February 25 Presidential and National Assembly elections, if the CBN failed to address the hardship being faced by Nigerians as a result of the currency swap policy.

The CBN had introduced N1000, N500 and N200 notes and set a February 10 deadline to rest the old bills.

But the policy threw Nigerians into hardship following the cash crunch at the banking halls and Automated Teller Machines (ATMs).

Faulting the policy, Oshiomhole, who is a former National Chairman of the All Progressives Congress (APC), said the policy was unilaterally conceived by Emefiele to deceive the President.

He said: “I am sorry to say that it is not a secret that he wanted to contest for the APC presidential ticket.

“He bought N100 million APC nomination form and the President directed that all those who wanted to contest for the presidential ticket should resign their appointments.

“I remember that during that time he went to the Villa, I believe, he went to consult and when they asked him if he had been cleared to proceed on his political ambition, he said, there will be big news soon.

“The only news we have heard is this change of currency. We have not heard the news of why he didn’t proceed with his political ambition.

“We didn’t hear anything from him. The only news we heard is the naira redesign. Emefiele could have chosen a policy that will discredit the party.

“And unfortunately, everybody knows that President Buhari’s constituency in Nigeria is the army of the poor.

“The elite have never supported him. And it is these poor people who are hit the most by this policy.

“When you talk about vote buying, we have moved from a situation that all you need is to compromise the police and the INEC, then, you write the results and they are declared and you start balancing the ballot paper later.

“You can see that the tension in the bank is not to eliminate abuses, but to prevent the election from taking place.

“The policy will hurt the election process as the INEC will have to revise its budget as the allocated funds to buy PMS and to bring election materials cannot meet that need now.

“It is in that context that whoever scuttles the election would have scuttled the chances of the APC winning the election.

“I am happy that the National Assembly captured the mood of the people. This is because what separates dictatorship and democracy is the presence of the parliament.

“They live and represent 360 constituencies across the 774 local government areas in Nigeria. They are in touch with their people and they have spoken”.

On the redesigning of the naira, Oshiomhole said: “I believe that Emefiele, knowing the posture of the President against corruption, used that to achieve other objectives.”

The former Labour leader also backed allegations by Kaduna State Governor Malam Nasir El-Rufai that some cabal in the State House have colluded to de-market the ruling party.

He said: “Talking about elements in the Villa, I like to speak to faces, though some people may not like that. I will not want to talk about elements, but I prefer to mention names.

“He (Emefiele) has cited his powers under the law. He didn’t say he was acting under pressure. So, I believe him.

“I, therefore, make bold to say that the decision is a product of his own womb; it is ill-conceived, not well-thought out and poorly-timed to create this hardship.”

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JUST IN: Tinubu Arrives Lagos after France Working Vacation

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President Bola Tinubu has arrived in Lagos after ending his working vacation in France.

The President arrived at the presidential wing of the Murtala Muhammed International Airport, Ikeja, on Tuesday, where Lagos State Governor Babajide Sanwo-Olu and other dignitaries were on hand to receive him.

The President’s arrival was confirmed by the Special Assistant to the President on Social Media, Olusegun Dada, who posted on X, “Landing. Welcome home, Mr President!”

Tinubu had departed Abuja on August 30 for the working vacation, spending one week in London before travelling to Paris.

According to a statement issued on Tuesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu departed Paris for Lagos, where he is expected to hold strategic meetings with political leaders and associates.

“While in Lagos, President Tinubu will also hold strategic meetings with political leaders and associates over several days in preparation for the 2027 elections,” the statement read.

The Presidency said Tinubu chose to travel to Lagos first to honour the memory of the late Chief MKO Abiola, winner of the June 1993 presidential election and a prominent figure in Nigeria’s democratic struggle.

On October 1, Independence Day, the President is expected to attend the premiere of a movie honouring Abiola at the Wole Soyinka National Theatre, Iganmu, Lagos.

Tinubu’s working vacation also included a private dinner with French President Emmanuel Macron in Paris.

Details later…

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US Hails Nigeria’s Response to Militia Attacks, Seeks Protection for Plateau Communities

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The United States has commended Nigeria’s response to recent attacks in the Middle Belt.

The US Department of State’s Bureau of African Affairs, in an X post on Tuesday, also urged the federal government to sustain efforts to protect communities in Barkin Ladi LGA of Plateau State.

“The United States commends Nigeria’s strong response to the latest attacks from Fulani militant groups,” the bureau said.

“We will continue to work with the Nigerian government to protect Christians in the Middle Belt.

“We urge Nigeria to continue the momentum and defend the Barkin Ladi communities in particular.”

Nigeria’s Middle Belt, particularly the north-central region comprising Benue, Kogi, Kwara, Niger, Plateau, among others, has witnessed varying levels of armed attacks, kidnapping, communal violence and farmer-herder conflicts in recent months.

The US comment comes amid renewed insecurity in parts of the country, particularly among communities in Barkin Ladi, where a series of attacks and reprisals have been reported in recent months.

On September 27, six people were killed and two others injured after gunmen attacked a mining site in Lajam Marit village, Ropp district, Barkin Ladi.

The victims were reportedly shot dead at the site, while the two injured persons were taken to the hospital for treatment.

Five days earlier, the Plateau government imposed a dusk-to-dawn curfew on Barkin Ladi, Bokkos and Mangu LGAs following a series of attacks, attempted attacks and reprisals. Residents were ordered to remain indoors between 6 pm and 6 am until further notice.

The curfew followed an incident in which a resident, Andy Samuel, a priest, was reportedly shot dead at Marit Junction, while another person sustained injuries.

Troops later came under attack after leaving the hospital, with the assailants suspected of carrying out retaliatory strikes following earlier violence in parts of Barkin Ladi.

On September 20, at least five Fulani men were reportedly killed after suspected Berom militias attacked their vehicle in Barkin Ladi.

The victims were travelling to a market in Jos South when their vehicle came under attack near a security checkpoint. The assailants reportedly opened fire, killing all five occupants.

On September 10, two people were killed after suspected armed militia attacked Fulani herders along the Jong-Nyeriwei road and in Dorowa Babuje community, also in Barkin Ladi.

One of the victims was identified as 19-year-old Ishaku Yakubu, while another man, identified as Andata, was reportedly shot dead around Marit Junction in Dorowa Babuje. Several cattle were also reportedly rustled during the attacks.

The attacks have heightened security concerns in Barkin Ladi and other parts of Plateau, with authorities deploying troops and imposing restrictions in some affected areas to prevent further violence and reprisals.

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Court Sentences Four to Death Over Kidnapping in Edo

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The Edo State Special Criminal Court has sentenced four persons to death for their involvement in the kidnapping of a woman in the popular Vegetable Market, off Airport Road in Benin City.

Justice Aigbona Momodu gave the judgment bordering on 11 counts of kidnapping, conspiracy, armed robbery, cultism and unlawful possession of firearms, Channels TV reports on Tuesday.

The court, established under the directive of Edo State Governor Monday Okpebholo, is mandated to handle kidnapping and cultism-related cases, according to the report.

The four sentenced persons – three males and one female — are Marvelous Isaac, 32; Wisdom Michael, 36; Rufus Michael, 30; and Gift Raphael, 27.

According to the court’s verdict, the exhibits recovered from the four sentenced persons — a pump-action rifle, two unexpended cartridges and two expended cartridges– were ordered to be handed over to the State Criminal Investigation Department of the Edo State Police Command.

According to The PUNCH, the woman (name undisclosed) was at the market with her children and husband when gunmen reportedly came to the scene and whisked her away.

In a video online, a woman who claimed to have witnessed the incident described it as kidnapping, stressing, “Today, for the first time, I witnessed someone being kidnapped.”

She continued, “Who said kidnapping is not in Benin? A kidnapping happened in my presence right at Airport Road by the Vegetable Market. Just because it has not happened to you does not mean it doesn’t exist.

“I saved the woman’s children today. This is me. It happened in front of me. We were both buying something in the same place, at the vegetable market. This is me; I have bruises. These are my legs.”

The incident was subsequently confirmed by the State Police Public Relations Officer, Eno Ikoedem.

See the full court verdict below
”Sentence: In count one, you, Marvellous Isaac, is hereby sentenced to seven years’ imprisonment. In count two, three, four, five, six, seven, eight, nine, you, Marvellous Isaac, is hereby sentenced to death by hanging or through the administration of a lethal injection. You shall be hanged by the neck till you are dead. May the Lord have mercy on you.

”In count ten, you, Marvellous Isaac, is hereby sentenced to ten years’ imprisonment. In count eleven, you, Marvellous Isaac, is hereby sentenced to life imprisonment.

“Second defendant, in count one, you, Wisdom Michael, is hereby sentenced to seven years’ imprisonment. In counts two, three, four, five, six, seven, eight, and nine, you, Wisdom Michael, is hereby sentenced to death by hanging or through the administration of a lethal injection. You shall be hanged by the neck until you are dead. May the Lord have mercy on you.

”Third defendant, in count one, you, Rufus Emete Michael, is hereby sentenced to seven years’ imprisonment. In count two, three, four, six, and seven, you, Rufus Emete Michael, is hereby sentenced to death by hanging or through the administration of a lethal injection. You shall be hanged by the neck until you are dead. May the Lord have mercy on you.

”Fourth defendant, in count one, you, Gift Raphael, is hereby sentenced to seven years’ imprisonment. In counts two, four, six, and eight, you, Gift Raphael, is hereby sentenced to death by hanging or through the administration of a lethal injection. You shall be hanged by the neck until you are dead. May the Lord have mercy on you.

”Now, Exhibit M, the JoJef pump action, and two unexpended cartridges, and the two expended cartridges, Exhibit E and E1, are hereby confiscated to the Federal Government of Nigeria. Both exhibits shall be handed over to the Edo State Armourer of the Nigerian Police, State CID, Edo State Headquarters, by the Deputy Director of the Criminal Division for destruction 30 days hence. This shall be the judgment of the courts.”

 

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