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Naira Redesign: Civil Societies Spitfire Against Supreme Court Ruling
The theatricals following the Naira redesign policy of the Central Bank of Nigeria (CBN) has gone into another scene, with the civil societies set to take their turn.
Biztellers had reported that the Supreme Court’s ruling, adjourning the redesign processes pending the determination of a motion by Kaduna, Kogi and Zamfara States was entered on Wednesday.
A seven-member panel of Supreme Court Judges, led by Justice John Okoro, handed down the ruling in Abuja.
In a swift reaction, the apex organisation of all civil society groups in Nigeria, though the Civil Society Central Coordinating Council (CSCCC), on Wednesday protested against the exparte order of the Supreme Court, restraining the CBN, President Muhammadu Buhari, et al, from terminating the legal tender status of the old N200, N500 and N1000 bank notes on Friday February 10, 2023.
The CSOs urged President Buhari to immediately counter the Supreme Court ruling with an Executive Orders to back the planned drawing of the cotton legal tender status of the redesigned naira notes as planned.
The CSOs base their demand on the fact that it is not known to law that the judiciary should bar the President from performing his duties.
National Coordinator, CSCCC, Obed Okwukwe, told a news conference in Abuja on Wednesday that their reaction was to safeguard the sanctity of the general elections planned from later this February.
Backed by over 3000 followers, the CSOs took the protest to the CBNs headquarters, and submitted a letter for Governor, CBN, Godwin Emefiele.
Okwukwe called on the Supreme Court not to yield its platform for such election riggers to have access to illicit cash to compromise the election.
The CSCCC further urged the Supreme Court to immediately vacate the order because it had the potential of aiding corrupt politicians to buy votes during the forthcoming polls.
According to Okwukwe it was “capable of derailing the credibility of the 2023 general election and ultimately truncate our most cherished democracy.”
He added that the Supreme Court must redeem its image immediately and show Nigerians that it is not deliberately against free, fair and credible elections bearing in mind some very controversial orders and judgments of the court in the recent past.
In his words, “Civil society groups in Nigeria are ready to fully support both policies and it is on that strength that I have been empowered to inform Nigerians that the Nigerian Civil Society Community has passed a vote of confidence on the Naira Redesign Policy and the Cash withdrawal limit policy.
“This vote of confidence is also on the condition that the February 10 deadline is not shifted. It is based on the foregoing that we alert the security agencies that the protests planned to be held tomorrow, Thursday February 9, 2023 guised as protests against scarcity of the new Naira are indeed protests planned and organised to cause violence, destruction of public property, disruption of public order and arson.
“Quell the protests in the South West as it is part of the synchronised plot. The target is to reverse the policy where that fails force a shift in the election date or lead to uprising that will cause the administration to come to an abrupt end.
“Opponents of the currency redesign and cash withdrawal limit policies deadline are pushing for a shift of the February 23 general election.
“We have credible intelligence that those behind the campaign for shift in the deadline of the new currency redesign and cash withdrawal limit are now pushing that the 2023 general election be shifted.
“This evil idea will throw Nigeria into a constitutional crisis and lead to the collapse of constitutional democracy. Now these anarchists realising they cannot win the general election are now looking for ways to destroy democracy and undermine President Buhari.
“These men who have benefited from President Buhari now want to destabilise and hurt our dear President and our democracy in their selfish bid of running errands for their new godfather in town.
“They have forgotten that without President Buhari some of them would not have legally or illegally made it to office they now occupy. Now, President Buhari looks small in their eyes and even without Buhari tenure expiring, these ungrateful power elements and betrayal characters are instigating people to destroy President Buhari and our hard-won democracy for the sake of their new master.
“What offence has President Buhari committed by saying he wants a credible election? Were these people not beneficiaries of credible elections in 2015?
“So why crucify our President who is committed to giving Nigeria an enabling environment for free and fair election?”
He maintained that the citizenry would not accept any shift in the 2023 general election date, neither would they subscribe to a shift in the deadline for the currency redesign policy.
He challenged those hoarding cash to “put their billions back to the bank or even let them open the cash warehouses containing those billions in Lagos, Kano, Imo, Zamfara, Kogi and share those billions to poor masses since they are now new lovers of the poor.”
He urged President Buhari and Emefiele to stand up to those resisting the deadline stating that “February 10 deadline date is sacrosanct, irreversible and irrevocable.”
Gabonese citizens lined up at polling stations on Saturday to cast their votes in a landmark presidential election, the first since the military ousted the Bongo dynasty in a coup last August.
Eight candidates are vying for the top job, but all signs point to junta leader General Brice Oligui Nguema — the man behind the August 30, 2023, coup — emerging as the frontrunner.
Oligui, who toppled Ali Bongo and ended 55 years of family rule widely criticized for corruption and economic mismanagement, has dominated opinion polls in the run-up to the vote.
In the capital, Libreville, snaking queues formed outside polling stations as voters turned out early.
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Among them was 30-year-old Aurele Ossantanga Mouila, who cast his ballot for the first time after finishing a night shift at a casino.
“I did not have confidence in the earlier regime,” Mouila told reporters, echoing the sentiments of many young voters hoping for change in the oil-rich central African nation.
Oligui, who served as transitional president while civilians drafted a new constitution, swapped his military uniform for campaign attire as he seeks a seven-year mandate.
He faces seven challengers, including his main rival, former Prime Minister Alain-Claude Bilie By Nze, a longtime insider under Ali Bongo who now brands himself as the face of a “complete rupture” from the past.
Despite Oligui’s promises of reform, critics question his commitment to breaking with the old system, noting his deep ties to the Bongo era.
His campaign slogan, “C’BON” — a clever wordplay blending his initials with the French phrase for “It’s good” — has been plastered across Libreville, while rival candidates struggle for visibility.
As roughly 920,000 registered voters cast their ballots, the election is taking place against a backdrop of pressing national issues.
High unemployment, failing infrastructure, regular power outages, and soaring government debt — projected to reach 80 percent of GDP this year — have fueled public frustration.
Analysts, like political observer Neyer Kenga, say the vote represents a critical test for Gabon’s return to civilian rule and constitutional order.
“Today all Gabonese are firmly in favour of a democratic game that is played within the rules,” Kenga noted, adding that the outcome remains uncertain in a nation scarred by post-election violence in 2009 and 2016, as well as last year’s coup.
The interior ministry has pledged a “transparent ballot” and results are expected by Monday. Meanwhile, Oligui remains confident of victory.
“The builder is here, the special candidate, the one you called,” he declared at his final rally, as music and dancing filled the streets of Libreville.
The National Association of Nigerian Students (NANS), Southwest Zone D, has cautioned the Senior Staff Association of Nigerian Universities (SSANU) against actions capable of disrupting academic activities at the Federal University Oye Ekiti (FUOYE).
In a statement released on Saturday in Ado Ekiti, the student body condemned what it described as “veiled threats” by SSANU Western Zone to mobilize its members for industrial action or protest at FUOYE, following the university’s handling of a sexual harassment allegation against the institution’s Vice Chancellor, Prof. Abayomi Fasina.
The controversy stems from an extraordinary meeting of FUOYE’s Governing Council, which exonerated Prof. Fasina of the sexual misconduct allegation, while two local SSANU leaders were found guilty of misconduct.
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The council directed the implicated unionists to issue written apologies and undertakings to abide by university regulations within seven days, although their suspensions were lifted, with a forfeiture of half salaries for the period under review.
In reaction, SSANU’s National Vice President for the Western Zone, Abdussobur Salaam, rejected the council’s decision and announced plans to mobilize union members across 26 universities for a possible industrial action until their demands were addressed.
Responding, NANS leaders Taiwo Owolewa (Coordinator), Olutunde Oluwole (General Secretary), and Eromidayo Kuku (Public Relations Officer) warned that any attempt to destabilize the academic environment would be met with firm resistance from the student body.
“Nigerian students and the entire NANS structure in the South-West and beyond will resist such moves with even greater mobilization across our over 70 tertiary institutions comprising more than 300,000 students,” the statement read.
They emphasized that students would not stand idly by and allow any group or union to jeopardize the academic future of over 50,000 students at FUOYE.
“This is not a threat; this is a declaration of readiness to protect the academic future of Nigerian students. FUOYE or any of our institutions in Southwest is not a battleground for political vendettas or union showdowns,” the student leaders asserted.
While urging SSANU to seek lawful and peaceful avenues to resolve grievances, NANS also called on stakeholders to step in and prevent any action that could compromise the stability of the institution.
Additionally, the association aligned itself with the conclusions of the university panel that cleared the Vice Chancellor of wrongdoing, citing corroboration from both the Nigeria Police Force and the testimonies of the concerned parties.
“Our foremost concern remains the welfare of students,” NANS stated, endorsing the Governing Council’s plans to establish a Peace and Reconciliation Committee as well as onboarding and reorientation programmes aimed at fostering a positive institutional culture.
Suspended Senator representing Kogi Central, Natasha Akpoti-Uduaghan, has urged the Inspector General of Police, Kayode Egbetokun, to disregard a petition filed against her by Senate President Godswill Akpabio and instead open a thorough investigation into allegations of threats to her life.
Akpabio had accused the embattled senator of defamation and incitement, following claims that he was involved in an alleged plot to assassinate her.
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Describing the allegations as “heinous lies,” Akpabio insisted they were designed to damage his reputation and stir public unrest.
Reacting through a statement released by her lawyer, Victor Giwa, Akpoti-Uduaghan dismissed the Senate President’s petition as an attempt to distract law enforcement from investigating the real issues.
“It is our client’s position that the Senate President should submit himself for a full investigation to security agents before any allegation of incitement against him,” the statement read.
Giwa went further to accuse Akpabio of trying to avoid scrutiny by raising counter-allegations, claiming that the Senate President was the “principal suspect” in the matter and had allegedly ordered the withdrawal of Akpoti-Uduaghan’s security.
The statement argued that Akpabio’s petition could only be considered after the allegations against him had been properly investigated and proven false.
“We therefore call on the Senate President to submit himself to full investigation rather than divert the attention of the security agents through a bubble petition,” Giwa stated.
“It is only when the investigation has been concluded, and the allegation has been shown to be false, that the issue of incitement and false allegation against Senator Natasha can be entertained.
“We therefore call on the Inspector General of Police to discontinue the Senate president’s Petition as being diversionary and prejudicing of investigation,” the statement concluded.
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