politics
Naira Scarcity: “Mobilise all Money Deposit, Banks Payment platforms to show clear commitment and timelines” Tinubu suggests a way out of current suffering in the country

…Says, he isn’t opposed to currency redesign but disruptive implementation
Presidential Candidate of the ruling All Progressives Congress APC, Asiwaju Bola Tinubu has listed six ways through which the Central Bank of Nigeria CBN can end the current hardship in the country caused by the scarcity of newly redesigned Naira notes.
In a statement he personally signed and issued Sunday in Abuja, Tinubu declared that he and his running mate, Kashim Shettima have nothing against the CBN cashless policy and Naira redesign but that he is only concerned about the disruptive implementation of the policy.
To bring immediate relief to Nigerians, Tinubu urged the CBN to consider the following the advice of the Council of States, and immediately announce that the old and new Naira notes (especially the non-withdrawn notes and coins) will co-exist as legal tender for the next 12 months to follow examples of countries that have successfully implemented similar monetary policy.
“This will immediately remove growing tension in the country, eliminate panic reactions by the populace and allow time to scale up infrastructural gaps around alternative payment options to cash”, he stated.
The APC standard bearer also advised the immediate suspension of associated charges on online transactions and bank transfers and payments via POS until the current crisis is fully resolved.
According to him, this cost should be considered a roll-out expense by the CBN to incentivise the envisaged shift to alternative transaction channels; for both the financial services consuming public and those in charge of implementing the scale-up programme.
Other quick-win solutions that Tinubu proffered include; “Mobilise all Money Deposit Banks, Payment platforms to show clear commitment and timelines on expanding their infrastructure and support services.
“Bring in Fintech companies with capabilities into currency swap programme for the next 90 days to help decongest banking halls and ATM points where people line up for hours.
“The Central Bank and other relevant MDA’s should form an Inter-Agency Action Committee for immediate oversight over the cash supply gaps from the Nigerian Security and Minting Company and deal with issues around capabilities and turn around time to meet the needs of the informal sector and unbanked people.
“The CBN, National Orientation Agency and Ministry of Information, State and Local Governments with their relevant organs in both the public and private sectors should commence a major public enlightenment and sensitisation campaign to further educate and empower our people on the new naira and cashless policy for better understanding and mainstream adoption”.
Tinubu lamented that the past few weeks have been a challenging one for Nigerians, especially those in the Short and Medium Scale Enterprises SMEs, poor and vulnerable masses and those whose very survival depend on daily cash transactions.
“They have felt the brunt of the combined problems of scarcity of fuel and new Naira notes.
“We feel the pains of our market women and artisans who have experienced low sales because customers do not have cash to make purchases. We hear the loud cries of farmers in rural areas and hinterlands who have been forced to sell their produce at much lower prices so they don’t lose out completely. We hear every Nigerian dealing with the consequences of the roll-out of the cash swap programme”, he stated.
He said while the scarcity arising from the supply limitations of the new naira notes is still in place, he is encouraged about reports that fuel queues across the country are easing out as a result of better supply to fuel stations.
“We are now confronted with how to bring quick, sustainable solutions and relief to Nigerians on the challenges still posed by the non-availability of new Naira notes so that social and economic activities can move on unimpeded and normalcy can immediately return to our financial services sector and overall productivity of our nation.
“In seeking a quick resolution, the National Council of State met on Friday, February 10, 2022, and advised the government and Central Bank in particular, to push more new Naira notes into circulation and also allow for the old notes to remain a legal tender by ensuring supply gaps relative to infrastructural limitations are bridged by recirculating it to ameliorate the pains caused by the scarcity of new ones.
“We agree with the wisdom of the Council of States as a necessary starting point to begin redressing the unintended consequences of what would have otherwise been a good policy that required mainstream adoption.
“For the records, I and my running mate, Senator Kashim Shettima and our campaign council do not have anything against the CBN Naira redesign and cashless policy in principle. We are, however, only concerned about its disruptive implementation and the hardship it has brought on the generality of our people who currently can’t access their hard-earned money to meet obligations and the attendant consequences on the informal sector, where the majority operate.
“Despite the challenges and current difficulties, we are a country of resilient, bold and courageous people who don’t succumb to hard times. We have always overcome our most difficult times and come out better as a people and a nation. This time will not be different. We will make lemonade out of our current lemons.
“As leaders, our commitment to our country every day must be on how to make life better for our people and we are called upon not to waste the opportunity the moment presents to us to ramp up capacity and capability to serve 200 million Nigerians, leaving no one behind and ultimately improve the living conditions of every single Nigerian. Our task now is to restore hope in the country by implementing these steps to energise our people so that we can do big things for a better future and shared prosperity. We can build upon this citizen-focused policy challenge to offer a template on how government should work for the people”, Tinubu declared.
politics
Update : Akwa Ibom Governor, Eno, Likens PDP to a Faulty Aircraft, Set to Declare Defection to APC

A former lawmaker, Otuekong Sunny Jackson Udoh has advised Akwa Ibom State Governor, Pastor Umoh Eno to show wisdom and magnanimity after his triumph at the Supreme Court last Thursday.
Gov Umo Eno
Governor Umo Eno of Akwa Ibom State has sparked speculation over a potential political realignment after openly questioning the viability of the Peoples Democratic Party (PDP) as a platform for his political aspirations beyond 2027.
Speaking at a constituency outreach meeting on Tuesday in Ikot Akpankuk, Ukanafun Local Government Area, the governor likened the PDP to a faulty aircraft, suggesting he might consider boarding a “different plane” to reach his political destination—an analogy many interpret as a hint at defection to the All Progressives Congress (APC).
“If you wanted to travel with Ibom Airline, and on the verge of taking off, it developed a fault that won’t enable it to fly, won’t you board the next available plane to take you to your destination?” Eno asked, addressing a large crowd at the Town Square meeting for the Ukanafun/Oruk Anam federal constituency.
His remarks come amid growing concerns over internal disunity and instability within the PDP, exacerbated by recent defections, including that of Delta State Governor Sheriff Oborevwori to the APC.
Despite raising concerns about the PDP’s direction, Governor Eno called on his supporters to remain committed to the goals of his administration, emphasizing that service delivery remains his top priority.
As part of the engagement, the governor distributed empowerment packages to more than 400 constituents. The distribution included Traders and Farmers Grants, substantial MSME funding, and equipment support. Specifically, 154 traders received grants, 116 farmers were supported, four individuals received N5 million each for business development, and 131 benefitted from equipment support.
In his remarks, Governor Eno urged beneficiaries to utilize the funds responsibly and cautioned against investing in Ponzi schemes or other non-productive ventures.
“We need to meet with the people from time to time. Governance doesn’t end at elections,” he said. “We’re here to listen, to assess your needs, and to let you know what we’ve done and what we plan to do.”
Eno also revealed that the administration had so far covered four of the state’s 10 federal constituencies in this engagement drive and assured that all would be completed in time to incorporate their needs into the 2026 budget.
“We will review your requests and prioritize based on available resources. What we can’t do now will be considered in future budgets,” he added. “This government belongs to the people—it is for you, with you, and by you.”
Governor Eno has not formally declared any party switch, but his comments have intensified political discussions about the evolving dynamics within Akwa Ibom and the national opposition landscape.
politics
Breaking : Oborevwori , Okowa others dumps PDP, defects to APC

Delta State Governor, Sheriff Oborevwori, the immediate past governor, Ifeanyi Okowa, and all members of the Peoples Democratic Party in Delta State have defected to the All Progressives Congress.
The announcement was made on Wednesday in Asaba, the Delta State capital, by Senator James Manager, shortly after a meeting that lasted over six hours at Government House, Asaba.
Manager stated, “All PDP members in the state, including the governor, former Governor Okowa, the Speaker, the state party chairman, all the local government chairmen and others, have agreed to move to the APC.
“We cannot continue to be in a sinking boat,” he said.
The Delta State Commissioner for Information, Mr Aniagwu Charles, officially confirmed the governor’s defection and the collective decision of Delta PDP leaders and stakeholders to join the APC.
Political observers have described the move as a major realignment that could reshape the political landscape of Delta State ahead of the 2027 general elections.
While Governor Oborevwori has yet to make a public statement on the defection, sources say further details on the rationale behind the move may emerge in the coming days.
Wike’s allies secure PDP control in Bayelsa, Edo
“There is a need for us to adjust our drinking patterns. And in adjusting that drinking pattern, we needed to make a decision that would further help to cement the development in our state, to build the court of law that has existed in our state, to further advance the cause of security and the welfare of our people, and, to a large extent, ensure that development in Delta is not truncated,” Aniagwu stated.
He continued, “In taking that decision, we concluded that leaving the PDP was very necessary for us to be able to collaborate and build a state that every Deltan will be proud of. We believe that what is happening, and the state of the PDP, is akin to that palm wine whose taste has changed — and there was a need for us to change the drinking party.”
Charles added that the decision was unanimously made by party leaders and stakeholders, hinting at a formal public declaration soon.
“By the grace of God, on Monday next week, we will be able to make a very big statement confirming that we are moving into the APC,” he said.
The move marks a significant turning point in Delta State politics, signalling a broader political recalibration that could reshape party dominance in the South-South region.
politics
Update : C’River PDP Deputy Governorship Candidate,Emana Resigns From Party

The Peoples Democratic Party (PDP) Deputy Governorship Candidate in 2023 general election, in Cross River State, Dr Emana Duke Ambroose-Amawhe, has resigned her membership from the party.
In a letter dated
march 28,2025, and addressed to the chairman of Edem Odo Ward, in Akpabuyo local government area of Cross River State, the former Deputy Governorship Candidate,explained that the resignation was with immediate effect.
She said her decision to leave the party was not made lightly, but she remains committed to serving her community and contributing to the progress of Cross River state and nation in other capacities.
In her words, “i am writing to formally resign my membership from the Peoples Democratic Party (PDP) with immediate effect.
” I sincerely appreciate the opportunity given to me over time to contribute my quota to the growth of the party and the chance to serve as the Deputy Governorship Candidate in the last general elections.
” It was a privilege to be part of the PDP’s vision and engage with our people in meaningful ways. However, after much reflection in light of the current state of affairs within the party, I believe it is time for me to move on.
“This decision was not made lightly, but I remain committed to serving my community and contributing to the progress of our state and nation in other capacities.
Continuing ” I appreciate the relationships and experiences gained during my time with the party and wish the PDP success in its future endeavours.
Amawhe, an embodiment of competence, capability and capacity,
was the Deputy Governorship Candidate to Senator Sandy Onor in Cross River State during the 2023 elections.
She was also an aspirant to the House of Representatives for the Bakassi/Akpabuyo/Calabar South Federal Constituency on the platform of the PDP.
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