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New Naira: Adeleke Urges CBN To Sanction Banks For Violating Regulations
Osun State Governor Senator Ademola Adeleke has called on the Central Bank of Nigeria (CBN) to take strict action against commercial banks that are found hoarding new Naira notes.
The Governor has expressed concern that such anti-people activities by financial institutions are having a negative impact on the economy and causing inconvenience to members of the public.
In a press release signed by his Spokesperson Olawale Rasheed, Governor Adeleke expressed his concern to CBN officials about the growing scarcity of new Naira notes stating that he had been using state resources to ease tensions and ensure the security of banks and the CBN office in the state.
Governor Adeleke also reported that his recent efforts have helped prevent escalating conflicts in Osun State and some other southwestern states. He expressed dissatisfaction with the current difficulties that the people are facing due to the scarcity of new Naira notes.
“The situation is getting out of hand. The CBN must act fast. Any bank hoarding the new notes must be sanctioned. We should not treat such banks with kid gloves.”
“My people are patient but we should not take their patience for granted. That is why I called for this meeting. Why is the new notes not available? Is the supply small or inadequate? “, the Governor queried.
The Governor stated that his government is willing to collaborate with the CBN on a currency swap initiative. He emphasized that Osun State is making significant sacrifices to maintain peace and tranquility while working to calm frayed nerves.
“The new notes are not available. Even as a State Governor, I don’t have the new notes. You can see how hard it is for our people to access the new currency if their Governor is not getting them.
“We should not overstretch the cooperation we are enjoying from the citizenry. We are expected as elected and appointed leaders to respond to the needs and aspirations of our people ” Governor Adeleke admonished.
The State’s CBN State Director, Oluyemi Adeyemi, commended the Governor of the state for taking proactive measures that prevented any riots related to the Naira in the state.
“We must thank Mr Governor for reaching out to the people, for diffusing tension, for keeping the state peaceful. We aware of the day Mr Governor stopped some angry youth from demonstrating and from attacking the CBN office.”
“On our part, we are working hard to make the new notes available. Let me say that the CBN has issued queries to some banks. I assure Nigerians that we are working hard to make the new notes available” , the CBN official stated.
During the meeting, a monitoring mechanism was established between the state government and the CBN to ensure that newly allocated notes are effectively distributed to the populace.
Super Eagles Captain, Ahmed Musa has been signed up by Jaiz Bank as a brand ambassador.
An elated Musa made the disclosure in a statement on his verified handle on micro-blogging site, X on Thursday.
The Kano Pillars striker urged his fans to troop to Jaiz Bank to do business for trusting him with the new role.
He exclaimed, “And to my amazing fans – if you want to support me, make sure to head over to Jaiz Bank and open your accounts with them today! ”
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He wrote, “✨Alhamdulillah✨ I am SO excited to announce that I’ve officially joined Jaiz Bank as their newest ambassador! 🎉💼
“A huge thank you to @JaizBankNG for trusting me and allowing me to be a part of this amazing journey! 🙏🏼💚 It’s an honor to represent a brand that believes in growth, security, and financial empowerment.
“I can’t wait to share all the incredible things we’ll be doing together! 🚀💡
And to my amazing fans – if you want to support me, make sure to head over to Jaiz Bank and open your accounts with them today! Let’s grow together! 💪🏼🔑
“@JaizBankNG is a non interest Financial institution poised with a mission to make life better through ethical Finance. 👌👌”
#NewBeginnings #BankWithJaizBank #PartneredUp #TeamJaizBank”
On November 20, 2024, Kenya’s First Lady, Rachel Ruto, celebrated her 56th birthday and her husband President William Ruto publicly expressed his love and appreciation for his wife on this special day, wishing her well.
The birthday celebrations were marked by an outpouring of goodwill from political figures, media, and citizens across Kenya, who praised her for her grace, leadership, and significant contributions to society, particularly through initiatives like the Joyful Women Organisation, which aims to empower rural women.
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The day was characterized by a collective acknowledgment of her role as a national figure dedicated to community upliftment.
In a heartfelt message, President William Ruto took to social media, writing, “Happy birthday my love, @MamaRachelRuto. Continue being a blessing to me and our children. Mungu akubariki sana,” which translates to “God bless you abundantly.”
Other prominent leaders also extended their wishes to the First Lady, with Anne Waiguru, EGH, OGW, Governor of Kirinyaga County, tweeting, “Happy Birthday First Lady,” further showing the respect and admiration for Rachel Ruto’s leadership and impact.
A gas cylinder explosion at a filling station in Jibia Local Government Area of Katsina State has resulted in significant damage to six vehicles, according to a statement from the Katsina State Police Command.
The command’s spokesperson, Abubakar Sadiq-Aliyu, confirmed the incident, which occurred on Friday, November 15, 2024.
He explained that a loud explosion alerted police operatives from the Jibia Divisional Police Headquarters. Responding promptly, the Divisional Police Officer led a team to the site, supported by military personnel.
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“Upon arrival, operatives found a truck loaded with gas cylinders engulfed in flames at Tamal filling station, along Kagadama-Magamar Jibia Road,” Sadiq-Aliyu stated. The joint team acted swiftly, deploying measures to protect lives and limit property damage. Their efforts successfully extinguished the fire.
The spokesperson added, “Six motor vehicles were significantly affected by the fire incident, but fortunately, no life was lost.”
State Commissioner of Police, Aliyu Abubakar-Musa, has directed a thorough investigation to determine the cause of the explosion. Updates on the findings will be provided as investigations progress.
This incident highlights the need for heightened safety measures at gas filling stations to prevent such occurrences.
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