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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.”

BIG STORY

IGP Egbetokun Finally Approves Hunger Protest, Asks Organisers To Submit Names, House Addresses, Others

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On Friday, Inspector-General of Police Kayode Egbetokun requested that all groups planning to participate in the upcoming nationwide protest provide their details to the Commissioners of Police in their respective states.

During a press briefing at the Force Headquarters in Abuja, Egbetokun explained that this request is aimed at ensuring a peaceful protest.

Additionally, Egbetokun revealed that the police have received intelligence indicating that foreign mercenaries are involved in the planned protest.

This information has raised concerns about potential violence and unrest, prompting the police to take proactive measures to maintain public safety and order.

By submitting their details, protest groups can help the police to better understand their plans and take necessary steps to prevent any potential disruptions or security threats.

He said, “We acknowledge the constitutional right of Nigerian citizens to peaceful assembly and protest. However, in the interest of public safety and order, we urge all groups planning to protest to provide necessary details to the Commissioner of Police in the state where the protest is intended to take place.

“To facilitate a successful and incident-free protest, they should please provide the following information.”

Other guidelines, according to him, are “stating the proposed protest routes and assembly points. 2. Expected duration of the protest. 3. Names and contact details of protest leaders and organizers.

“Measures to prevent hijacking by criminal elements, including key identifiers for possible isolation of potential troublemakers. By providing this information, the police will be enabled to deploy adequate personnel and resources to ensure public safety.

“Designate specific routes and areas for the protest to avoid conflicts with other events or activities. Establish clear communication channels with protest leaders to address any concerns or issues that may arise.

“Minimize the risk of violence, property damage, or other criminal activity. We encourage all protestors to cooperate with the police, obey the law, and adhere to global best practices for peaceful assembly to guarantee a safe and successful exercise of their rights.”

The top cop said they have been monitoring development surrounding protest threats, saying while some groups call for violent protests, emulating Kenya’s recent events, others advocate for peaceful demonstrations.

“However, some individuals promote peaceful protests with violent undertones, raising concerns about their sincerity. We have our history of violent protests in Nigeria, and I don’t believe we have to look to other countries to note the dangers of unchecked demonstrations.

“We commend patriots who have withdrawn from the protest due to the apparent sinister motives and ignorance of those calling for violence. We note those who have spoken out against any form of protest at this critical juncture, fearing enemies of our country may be manipulating the process.

“We confirm their fears are genuine, as we have credible intelligence on foreign mercenaries’ involvement in this planned protest. The Nigerian police urge all Nigerians to exercise caution and think twice before joining any protest group.”

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BIG STORY

BREAKING: Foreign Mercenaries Involved In Planned Hunger Protest — IGP Egbetokun

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On Friday, the Inspector General of Police, Kayode Egbetokun, revealed that intelligence gathered by the Force indicates that foreign mercenaries are involved in the planned nationwide protest.

During a press briefing in Abuja, Egbetokun warned Nigerians to exercise extreme caution and carefully consider the consequences before participating in any protest group.

Egbetokun said, “We have been monitoring development surrounding protest threats. While some groups call for violent protests, emulating Kenya’s recent events, others advocate for peaceful demonstrations.

“However, some individuals promote peaceful protests with violent undertones, raising concerns about their sincerity. We have our history of violent protests in Nigeria, and I don’t believe we have to look to other countries to note the dangers of unchecked demonstrations. We commend patriots who have withdrawn from the protest due to the apparent sinister motives and ignorance of those calling for violence.

“We note those who have spoken out against any form of protest at this critical juncture, fearing enemies of our country may be manipulating the process. We confirm their fears are genuine, as we have credible intelligence on foreign mercenaries’ involvement in this planned protest. The Nigerian police urge all Nigerians to exercise caution and think twice before joining any protest group.”

He urged citizens to think twice before joining the protests, citing the potential risks and unknown motivations of external influences.

 

More to come…

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BIG STORY

Alaba Traders Oppose Planned Hunger Protests, Reaffirm Belief In Tinubu’s Governance

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Chief Camilus Amajuoyi, President General of Alaba International Market in Ojo, Lagos, has announced that the market’s members will not participate in the planned nationwide protests.

This decision, he explained, is not due to a lack of awareness of the current economic hardships, but rather a belief that mass protests may not be the most effective solution at this time. Amajuoyi emphasized that many traders in the market rely on daily income and cannot afford to disrupt their business activities.

He highlighted the struggles of the informal sector, which includes many market members, who have been severely impacted by the tripling of business costs without receiving any government palliatives, incentives, or interest-free loans to alleviate their difficulties.

He however expressed his confidence in President Bola Ahmed Tinubu’s ability to address the nation’s pressing issues.

“The fluctuating exchange rates and high costs of duties at national ports, coupled with increased transportation expenses, have made it nearly impossible for business owners to plan effectively. These factors have contributed to the sharp rise in the prices of goods and services across the country.

“These are realities staring Nigerians in the face, from the North, East west and South of the nation. Even at that, we members of Alaba International market unequivocally state that we are not going to partake in any planned protest in Nigeria, we are not closing our market in solidarity with any group or persons with regard to any protest.

“We believe that President Bola Ahmed Tinubu will definitely find a lasting solution to the numerous challenges facing Nigerians now, ranging from insecurity, high cost of food, drugs, transportation, bad roads, corruption among other things,” Amajuoyi said.

Amajuoyi however decried the perilous state of the only access road to Alaba International Market, which has caused numerous accidents involving heavy-duty trucks.

He urged the Lagos State government to prioritize the repair of this critical route and focus on other projects that could significantly reduce the suffering of the masses.

He also warned potential protesters to stay away from Alaba International Market to prevent any looting or damage to goods.

He called on the Lagos State government, Nigerian police, military, DSS, and other security agencies to ensure that all market places are protected from criminal elements.

“Our market will not be a venue for protests, and we will not tolerate any disruptions,” Amajuoyi stated.

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