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BREAKING: Old naira notes remain legal tender – Supreme Court
The Supreme Court has said its February 8 order barring the Federal Government and its agencies from enforcing the February 10 deadline for the use of old 200, 500 and 1000 naira notes still subsist.
The court made the clarification on Wednesday following complaint by lawyer to Kaduna, Kogi and Zamfara states, Abdulhakeem Mustapha (SAN) that the Fed Govt and its agencies have failed to comply with the order and have allegedly directed the rejection of the old notes.
Mustapha said the plaintiff filed a notice of none-compliance with the order of the court order made on February 8. And demanded that the court take action against the respondent to protect the dignity of the court.
He added: “That order has been flouted by the government. We are talking of executive lawlessness here. We have filed an affidavit to that effect…We want the court to renew the order for parties to be properly guided.”
Justice John Okoro, who presided over a seven-member panel of the court, asked Mustapha to filed a proper application to put forward his complaints and to enable the respondent respond appropriately.
Justice Okoro said there was no need for a renewal of the court’s order.
He noted that, since the order made by the court on February 8 was made pending the determination of the motion for injunctions filed by the plaintiff, the order still subsists since the motion was not yet heard.
The court had, in the February 8 ruling, said: “after a careful consideration of this ex-parte application, and the grounds in support of same, this court finds that there is real urgency for this court to intervene by the grant of this application.
“Accordingly, this application is hereby granted as prayed.
“That is to say, an order of interim injunction restraining the Federal Government of Nigeria, either by itself or acting through the Central Bank of Nigeria (CBN) and/or the commercial banks, its agents; agencies, corporations, ministries, parastatals, organizations or through any person or persons (natural and artificial) howsoever, from suspending or determining or ending on the 10th of February 2023 the timeframe within which the now older versions of the 200, 500 and 1000 denominations of the naira may no longer be legal tender, pending the hearing and determination of the plaintiffs/applicants’ motion on notice for interlocutory injunction.”
The Supreme Court has however fixed February 22 for hearing of the suit filed Kaduna, Kogi and Zamfara states challenging the propriety the naira swap policy of the Federal Government.
The court chose the date after joining the Attorneys General of Katsina Lagos, CR, Ondo, Ogun, Ekiti and Sokoto states as co-plaintiffs in the earlier suit filed by Kaduna, Kogi and Zamfara states.
The court also joined the Attorneys General of Edo and Bayelsa states as co-respondents. Both states elected to side with the Attorney General of the Federation (AGF) originally listed as the sole respondent.
The court ordered that the suits filed by separately by Nasarawa, Rivers and Kano states on the same issue be consolidated with the one filed by Kaduna, Kogi and Zamfara states.
The court ordered parties to file all necessary documents before the hearing set for next Wednesday.
Justice Okoro, before adjourning, told lawyer to the AGF, Kanu Agabi (SAN) to advise his client to ensure the availability of currency for the people.
“Tell your client to let people have money. If they go to the ATM and the plaintiffs will come and withdraw the case. Make money available to the poor masses.
“You should know that a hungry man is an angry man. I say no more,” he said.
Responding, Agabi said Nigerians were only blaming the government for their poverty.
“Many people don’t have money. They blame it on the Fed Govt and the AGF. I don’t have money too.
“Things have been bad for long. It is not today that the problems started,” Agabi said.
Governors Nasir El-Rufai and Yahaya Bello of Kaduna and Kogi states were in court to witness proceedings.
Speaking after the court proceedings, Bello said the states were not at war with the Fed Govt over its cashless policy, but are only concerned about its negative impact on the citizens, who are now denied access to their funds.
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BREAKING: Security Forces Rescue Kidnapped Pupils, Teachers in Oyo Forest Operation
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Eight kidnappers arrested
Ibadan, Oyo State – Nigerian security agencies have successfully rescued a group of kidnapped pupils and teachers following a coordinated operation in Orire Local Government Area of Oyo State.
Photos circulating after the operation show the rescued victims gathered in a rural forest location alongside security personnel shortly after they regained their freedom.
According to available information, the victims were abducted by suspected kidnappers before security operatives launched an intensive search-and-rescue mission. The operation, carried out through coordinated efforts by security agencies, led to the safe recovery of the pupils and their teachers.
The rescued victims have since been reunited with security officials and are expected to undergo medical examinations and trauma counselling before being reunited with their families.
Authorities have not yet disclosed whether any arrests were made during the operation or if a ransom was paid. However, investigations are ongoing to identify and apprehend those responsible for the abduction.
The successful rescue has been welcomed by residents of the area, who commended the swift response of the security agencies while calling for increased security around schools and rural communities to prevent similar incidents.
The incident once again highlights the persistent security challenges facing some parts of the country, particularly the threat of school-related kidnappings, which have raised concerns among parents, educators, and community leaders.
Security agencies have assured the public that efforts are continuing to track down the perpetrators and strengthen measures aimed at protecting schools and vulnerable communities across the country.
Further official details are expected as the authorities provide updates on the operation.
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BREAKING: Tinubu Picks Shettima Again, APC Completes INEC Nomination Process
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…party predicts landslide victory at the poll
The ruling All Progressives Congress (APC) on Friday formalised its presidential ticket for the 2027 general election, as President Bola Ahmed Tinubu officially retained Vice President Kashim Shettima as his running mate. ExecutiveBranch
Displaying absolute confidence ahead of the polls, party leadership declared that its victory is already “assured,” citing a rock-solid foundation of over 12 million registered members and the visible milestones of the current administration.
The duly completed nomination forms for both President Tinubu and Vice President Shettima were submitted to the APC National Chairman, Prof. Nentawe Yilwatda, at a colourful ceremony at the Ladi Kwaki International Conference Centre of Abuja Continental Hotel for onward transmission to the Independent National Electoral Commission (INEC) portal.
Alhaji Ibrahim Masari, the Special Adviser to the President on Political Matters, submitted the documents on the President’s behalf.
The high-profile ceremony drew heavyweights from across the party, including members of the Progressive Governors’ Forum (PGF) led by Imo State Governor Hope Uzodimma, representatives from the National Assembly, the Federal Executive Council (FEC), and state party chairmen.
Welcoming dignitaries to the brief but solemn ceremony, APC National Organising Secretary Sulaiman Muhammad Argungu noted that the event was the natural climax of a highly transparent internal process.
“The presidential flag bearer emerged through a thoroughly transparent primary process,” Argungu said, while praising President Tinubu’s “positive strides” and urging party faithful to remain united, prayerful, and steadfast.
The ceremony culminated in the presentation of the completed nomination forms for the President and his running mate by the Presidential Adviser, Masari, who was accompanied by all the governors in attendance, members of the National Assembly and the Federal Executive Council (FEC).
Reinforcing the governors’ total commitment to the ticket, PGF Chairman Governor Hope Uzodimma stated that the transparent nature of the primaries had made marketing the candidates seamless.
“We are delighted that this event is coming after a well-organised and thoroughly supervised primary process,” Uzodimma said. “We reiterate our commitment to continue supporting President Tinubu and the party.” ExecutiveBranch
Uzodimma described the APC as a beacon of internal democracy and inclusiveness, promising that the governors would spearhead a total clean sweep at the polls.
“We will continue to support him in the larger interest of Nigerians and to take the country to greater heights. Together, we are going to deliver victory for President Tinubu and ensure the party wins all elective positions, including the National and State Assemblies,” Uzodimma added.
Receiving the nomination forms, APC National Chairman Prof. Nentawe Yilwatda stated that the revalidation of the Tinubu-Shettima ticket represents the authentic heartbeat of the party’s grassroots.
“Today is a reflection of the wishes of over 12 million members of our party who supported the President’s candidature,” Yilwatda remarked. “We are proud of the support already in the kitty of President Tinubu, and we are convinced that many more Nigerians will vote for him.” ExecutiveBranch
Yilwatda pointed to key initiatives such as the student loan scheme—which he noted has already benefited over 1.5 million students—alongside targeted agricultural interventions and nationwide infrastructure projects as verifiable proof of performance.
He urged party members to return to their local communities armed with facts rather than rhetoric to dismantle opposition narratives.
“While others are busy spreading propaganda, let us counter them with facts. Nigerians have seen governance that touches lives across the six geopolitical zones,” Yilwatda stated. GeographicReference
The National Chairman emphasised that the APC holds a distinct institutional advantage over its rivals, being the only political platform in the country backed by a fully digitalised and verified membership database.
“We already have about 12 million verified members. We are going round the country to mobilise support for the President. I am also confident that our governors will compete among themselves to deliver the highest number of votes,” Yilwatda said.
Sending a clear message to the President, the APC Chairman told Masari: “Go and tell the leader of our party (President Tinubu) that our members and Nigerians will vote for him to continue the excellent work he is doing. As a party, we are proud to be presenting the best candidate. There is no shaking at all. Come 2027, our victory is assured.”
Asked on the sidelines of the ceremony to confirm the party’s presidential running mate, as no name was mentioned throughout the ceremony, APC National Publicity Secretary Felix Morka said, “The presidential candidate of the party is President Bola Ahmed Tinubu GCFR, the Commander in Chief of the Armed Forces of the Federal Republic of Nigeria, and our Vice Presidential candidate is Senator Kashim Shetima.” ExecutiveBranch
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Tinubu Cracks Down on Fake Presidential Council, Mandates ICPC Probe Within 30 Days, Says Onanuga
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…directive follows discovery of forged appointment letters, fake Presidency documents
President Bola Ahmed Tinubu has directed the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to carry out a comprehensive investigation into the activities of the fictitious Presidential Foreign Intervention Promotion Council (PFIPC), ordering the anti-graft agency to submit its report within 30 days.
The latest directive marks a significant escalation in the Federal Government’s response to the alleged fraud involving one Adeniyi Adeyemi Matthew, who allegedly posed as the Director-General of the non-existent council while claiming to be a presidential appointee.
The Presidency had in recent days disclosed that Matthew allegedly forged the signature of the President’s Chief of Staff, Hon. Femi Gbajabiamila, and used counterfeit State House letterheads and other official documents to create the impression that the council was an authentic Federal Government institution.
It also emerged that the Office of the Secretary to the Government of the Federation had, as far back as October 2025, formally disowned the PFIPC, describing it as an unrecognised body with no legal basis, while presidential officials also called for an investigation into possible collaborators within government who may have facilitated the scheme.
In a statement issued on Tuesday by his Special Adviser on Information and Strategy, Bayo Onanuga, President Tinubu said the investigation should uncover the full extent of the alleged fraud and identify all individuals and institutions involved.
According to the statement, the PFIPC was never established by the Federal Government and has no foundation in any law, presidential instrument, executive approval or any other lawful act of government.
Among the issues listed for investigation are the alleged forgery of appointment letters and other official government documents, the use of a false claim of presidential appointment to obtain official recognition and diplomatic support, including visa facilitation, and the opening of multiple bank accounts in the names of purported government agencies using allegedly forged documents.
The President also directed the ICPC to investigate not only the activities of the principal suspect and his collaborators but also the broader circumstances that enabled the fictitious organisation and false presidential appointment to acquire an appearance of legitimacy.
The commission is expected to examine the origin and use of the forged official documents, the processes through which official recognition or diplomatic support may have been sought or obtained, the opening and operation of related bank accounts, the source and movement of funds connected to the alleged scheme, and the roles played by any public officials, private individuals, financial institutions or intermediaries who may have facilitated the operation.
President Tinubu further instructed the anti-corruption agency to identify weaknesses in government procedures that may have been exploited and recommend immediate measures to prevent similar incidents in the future.
He also directed all Ministries, Departments and Agencies of the Federal Government to cooperate fully with the ICPC by providing all relevant records, information and assistance required for the speedy conclusion of the investigation.
Reaffirming his administration’s commitment to accountability and institutional integrity, the President said the integrity of the Presidency and Federal Government institutions must be protected against impersonation, forgery, abuse of official identity and exploitation of weaknesses within the public service.
He added that anyone found culpable at the end of the investigation should be dealt with strictly in accordance with the law.
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