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Naira Crisis: APC Governors Provoking Anarchy – Phrank Shaibu

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CBN Should Have Engaged Snapchat, Nigerians React To New Naira Notes

An aide to the Presidential candidate of the People’s Democratic Party, Phrank Shaibu says that the inciting remarks made by some governors of the All Progressives Congress (APC) are causing violence across the country.

Recall that Kaduna, Kogi, Zamfara, Lagos, Katsina, Cross River, Ogun, Ekiti, Ondo, and Sokoto had sued the federal government at the Supreme Courts over the ongoing cash crunch that has become a problem across the country because of the new naira policy of the Central Bank of Nigeria. As reported by BIZTELLERS.

Nasir El-Rufai of Kaduna state and Dapo Abiodun of Ogun State of the All Progressive Congress(APC) have however, rejected the federal government policy, urging banks in their respective states to accept the old naira notes or face sanctions.

Mr Shaibu who is the Special Assistant on Public Communications to Mr Atiku, in a statement on Monday, said that some APC governors’ inciting remarks in which they threatened to close banks if they refused to accept the old notes has emboldened rioters to burn down commercial banks.

He said “The president made it clear that the old N1,000 and N500 notes are no longer legal tender. Those who are dissatisfied with the president’s proclamation should go to court rather than resort to self-help. Two wrongs do not make a right.

“Governor Dapo Abiodun, who is the number one citizen of Ogun State, ought to know better. However, he has been threatening to revoke the C of O of banks that obey the President’s proclamation. This act of defiance has evoked rebellion, hence the riots and burning of banks in Sagamu, Abeokuta, and Mowe.

“In viral videos all over social media, agents of Governor Abiodun could be seen sharing the old notes in envelopes branded with the governor’s picture, convincing the supporters that the notes remain legal tenders contrary to the CBN policy.” he added.

Mr Shaibu further supported the claims of the governor of Edo State, Godwin Obaseki, accusing the APC chieftain, Adams Oshiomhole, of sponsoring the riots in Benin, the state capital.

“Oshiomhole is one of the biggest critics of the naira redesign policy. It is not surprising that Governor Obaseki, who is the chief security officer of the state, has established that Oshiomhole is behind the riots. The APC really needs to stop provoking these riots,” he said.

Mr Shaibu went on to call on the Nigeria Police Force, the Secret State Services, and other security agencies to infiltrate the ranks of those staging riots with a view to identifying their sponsors.

 

 

 

 

 

 

 

 

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Politics

Budget Presentation: Our Govt Delivers On Critical Sectors – Gov Adeleke

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Osun State Governor, Senator Ademola Adeleke has expressed the view that his administration is an agent of development that has positively touched all sectors of the Osun society within just two years in office.

He made the pronouncement while presenting Budget 2025 tagged “Budget of Sustainable Growth and Transformation” to the State House of Assembly, with members of the State Executive Council present at an annual event hosted by the House Speaker, Right Honourable Adewale Egbedun.

Gov Adeleke noted that “the total size of the Budget 2025 is Three Hundred and Ninety Billion, Twenty-Eight Million, Two Hundred and Seventy-Seven Thousand, Seven Hundred and Forty Naira Only (390,028,277,740.00).

ALSO READ: Osun Declares Three-Day Mourning For COAS, Lagbaja

“The expenditure comprises Capital Expenditure of One Hundred and Forty-Four Billion, Two Hundred and Thirty-One Million, One Hundred and Eighty-Three Thousand, Eight Hundred Naira (N144,231,183,800.00), Recurrent Expenditure of Two Hundred and Forty-Five Billion, Seven Hundred and Ninety-Seven Million, Ninety-Three Thousand, Nine Hundred and Forty Naira Only (N245,797,093,940.00).

“Recurrent Expenditure is divided into Personnel cost, which is made up of salaries and allowances, as well as Pensions and Gratuities and stands at One Hundred and Two Billion, Eight Hundred and Ninety-Five Million, Eight Hundred and Twenty-One Thousand, Ten Naira Only (₦102,895,821,010.00).

The balance of One Hundred and Forty Two Billion, Nine Hundred and One Million, Two Hundred and Seventy Two Thousand, Nine Hundred and Thirty Naira Only (₦142,901,272,930.00) is set aside.

“Our Revenue consists of Recurrent Revenue, where Government share of FAAC is One Hundred and Ninety-Six billion, Seven Hundred and Seventy-Eight Million, Nine Hundred and Seventy-Five Thousand, One Hundred and Eight Naira Only (₦196,778,975,180.00 and Independent Revenue is One Hundred and Nine Billion, Eight Hundred and Seventy Million, Nine Hundred and Thirty-Two Thousand, Eight Hundred and Thirty Naira Only (₦109,870,932,830.00).

Other receipts from development partners are Fifty-Three Billion, Three Hundred and Seventy-Seven Million, Two Hundred and Forty-Four Thousand, Six Hundred and Ten Naira Only (₦53,377,244,610.00).”

He affirmed that his administration has recorded unprecedented progress across the sectors which will be unveiled in details during the midterm anniversary holding for a week later this month, submitting a synopsis to the Assembly.

According to the Governor, “our administration has reduced rural Health Access gap by 40% through rehabilitation of over two hundred Primary healthcare centers; We have increased health care access to all pensioners from less than 10% to 90% within two years;

“We closed road infrastructure gap and deficit by 50% from 80%; we took agric mechanization from 0% to 35%; We built digital economy policy structures from 0% to 55%; We built public service integrity from 25% to almost 70%;

“We expanded local content from 0% to 75%; We built climate agenda from 0% to over 70%; We raised state financial support for cooperative societies from 0% to 66%; We expanded financial support to ward cooperative societies from 0% to over 60%;

“We built Ilesa University from 15% to over 90%; We redeveloped Odeomu Cooperative College to HND institution; We increased Osun Google coverage from 20% to 65%; We launched phased bursary award from 0% to 40%; We liquidated 40% of inherited salary debt;

“We paid up over 35% of inherited pension debt; We improved School infrastructure by over 40 percent; We enhanced rural Infrastructure by over 40 percent with over 300 completed rural projects”, the Governor affirmed, adding that “Osun State has not taken any loan (External or Domestic).

“We rely solely on the prudent management of available resources to meet the yearnings and aspirations of the good people of Osun State. This is our goal and with God on our side we will not derail”, the Governor told the lawmakers.

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Edo State Shake-Up: Gov Okpebholo Dissolves Boards, Fires Appointees

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Edo State Governor, Senator Monday Okpebholo, has announced a sweeping dissolution of executives across all state boards of government agencies and parastatals.

In a statement released by Chief Press Secretary, Fred Itua, the governor confirmed that the affected officials are to vacate their positions immediately.

The decision, which was made public on Wednesday, also impacts Permanent Secretaries who were appointed from outside the Edo State Public/Civil Service, as well as political appointees across various government departments.

Governor Okpebholo directed that all outgoing officials hand over government property in their possession to the highest-ranking public officer within their respective agencies or departments.

“It is hereby announced for the information of the general public that the Governor of Edo State, His Excellency, Senator Monday Okpebholo, has approved the dissolution of executives of all boards, agencies, and parastatals in Edo State Public Service with immediate effect,” the statement read.

 

 

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Edo State Welcomes New Governor, Deputy

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Senator Monday Okpebholo and Dennis Idahosa were formally sworn in on Tuesday as the Governor and Deputy Governor of Edo State, respectively.

The inauguration ceremony took place at the Samuel Ogbemudia Stadium, where Chief Justice Daniel Okungbowa administered the oath of office to the new leaders.

During the ceremony, both officials pledged to uphold the constitution and dedicate themselves to the welfare of Edo State’s citizens. Supporters gathered at the stadium cheered as the oath-taking ceremony proceeded, marking the beginning of a new administration in the state.

Further details are expected as the new government outlines its agenda for the state.

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