Politics
New Naira: Buhari To Decide In Seven Days
President Muhammedu Buhari has pleaded with the citizen of the country to grant him a seven day period to resolve the problem of cash scarcity which has been an issue since the implementation of the Re-designed note in the country.
Buhari made this statement in a meeting with Governor forum on Friday, at the presidential villa. The meeting was intended to find solutions to the lingering situation which has become a threat in the transformation of the economy of the country.
In his statement, Buhari said, the implementation of the new currency will boost the country’s economy as well as provide a long term benefits to the people. He further express doubt on banks commitment in the success of the re-design policy.
“Some banks are inefficient and only concerned about themselves”, said the President, “even if a year is added, problems associated with selfishness and greed won’t go away.” He said.
He said he had seen cash shortages and hardship to local businesses and ordinary people as reported by newsmen and gave assurances that the balance of seven of the 10-day extension will be used to crack down on whatever stood in the way of successful implementation.
“I will revert to the CBN and the Minting Company. There will be a decision one way or the other in the remaining seven days of the 10-day extension,” the President was quoted to have said in a statement by his spokesman, Garba Shehu.
The governors however told the President that, while they agreed that his decision on the renewal of currency was good and they are fully in support, its execution had been botched and their constituents were becoming increasingly upset.
They further said that, as leaders of the government and party in their different states, they were becoming anxious about a slump in the economy and the series of elections that are coming.
They requested the President to use his powers to direct the concurrent flourish of the new and old notes till the end of the year.
The President said when he considered giving approval to the policy, he demanded an undertaking from the CBN that no new notes will be printed in a foreign country and they, in turn, gave him assurances that there was enough capacity, manpower and equipment to print the currency for local needs. He said he needed to go back to find out what was actually happening.
Kenneth Okonkwo, spokesperson for the Atiku Abubakar presidential campaign, has warned that Peter Obi may not be able to defeat President Bola Tinubu in the 2027 presidential election if he contests without a broader opposition alliance.
Okonkwo made the statement during an interview with Ibeju Upgrade Media, amid renewed efforts by opposition figures to form a coalition ahead of the 2027 elections.
According to him, a united opposition front remains the only realistic strategy for defeating Tinubu at the polls.
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He argued that Obi would face difficulties securing enough support in Northern Nigeria if he chooses to contest against Tinubu alone.
“Coalition is the only way out,” Okonkwo said, while referring to Tinubu’s political approach and his previous comments about the nature of political power.
He further dismissed the possibility of Obi defeating Tinubu on his own, even if former Kano State Governor Rabiu Kwankwaso joins him as running mate.
“So, if Peter Obi goes against Tinubu alone, Tinubu will eat him like biscuits,” Okonkwo said.
He questioned whether Obi would receive sufficient support in Kano, noting that the former Anambra State governor did not secure the state in the 2023 presidential election.
“Will Kano people accept Peter Obi? In 2023, when we had the opportunity, they did not accept him. In 2027, they will not accept him,” he added.
Okonkwo also played down Kwankwaso’s political influence, claiming that the former Kano governor had lost some of his strength, including in his home state.
“Kwankwaso has nothing to contribute to the ticket. Even in Kano, Kwankwaso has lost,” he said.
His comments come as opposition politicians continue discussions over the possibility of forming a coalition ahead of the 2027 presidential election.
The Osun State chapter of the Accord Party has cautioned its members against anti-party activities in the forthcoming National and State Assembly elections.
A government house statement released in Osogbo on Wednesday added that the party warned that all members must support Accord candidates at the polls.
Rising from a closed door stakeholders’ meeting, the party noted several reports of Accord members allegedly backing candidates from PDP, APM, APP and even APC, directing that those members or leaders caught in such acts will face severe disciplinary actions.
The meeting presided over by Governor Ademola Adeleke passed a resolution that all disagreements over selection of legislative candidates should be resolved and the party must unite behind the candidates already fielded by the party.
Under no circumstances should any Accord member be caught sponsoring or working for legislative candidates of other political parties. Such behaviour will not be tolerated, the stakeholders meeting resolved.
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The meeting further directed a small committee to work on constituencies where such abnormalities are noted and take appropriate measures to stop the menace and even sanction the culprits if they persist in such anti-party conduct.
The Accord leadership in the state was also directed to activate monitoring actions to identify those involved in such conduct and call them to order as urgently as possible.
Meanwhile, Gov Adeleke used the Forum to register his gratitude to party members for their steadfast support during the turbulent electioneering process.
“I am deeply grateful to our party members for their depth of loyalty and courageous disposition throughout the democratic struggle. Osun people trusted us and they fought for us under the divine direction of God Almighty.
“We praise God Almighty, the courageous people of Osun state, the electoral commission and you, our loyal party members and leaders. I will remain steadfast in my commitment to the people, the party and God almighty.
“I task us to support our party candidates in the forthcoming legislative elections. We must avoid anti-party activities. Severe sanction awaits any party member who works against the candidates of the party.
“I have also tasked our candidates to reach out to all segments of the party. We must run an inclusive campaign. All shades of opinion must be mobilised for resounding success in future elections”, the governor admonished leaders at the stakeholders’ forum.
The Independent National Electoral Commission (INEC) has raised the alarm over a fake online recruitment notice claiming that the commission has commenced the recruitment and training of ad-hoc staff ahead of the 2027 General Election.
INEC issued the warning on Monday, August 31, 2026, following the circulation of a message online directing prospective applicants to a website purportedly created for the recruitment exercise.
The electoral commission dismissed the information as false, stressing that the recruitment notice and website did not originate from it.
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In a statement, INEC said, “The attention of the Independent National Electoral Commission (INEC) has been drawn to a message circulating online claiming that the Commission is currently recruiting and training ad-hoc staff for the 2027 General Election.”
The commission further clarified that the website being circulated is not its official recruitment portal.
“This information is not from INEC. The website/link being circulated is NOT an official INEC recruitment portal,” INEC stated.
The electoral body warned Nigerians against clicking on the link or providing personal information through the platform, particularly as fraudulent recruitment websites can be used to obtain sensitive details or solicit payments.
“Members of the public are strongly advised NOT to click on the link, submit personal information, upload documents or make any payment through the platform,” the commission warned.
INEC advised members of the public to rely only on its verified communication channels and official websites for information concerning recruitment and election-related activities.
“INEC’s official recruitment and election-related announcements are published through the Commission’s verified communication channels and official websites,” it said.
The commission directed Nigerians seeking authentic information to visit its official website, inecnigeria.org.
INEC also noted that it had previously warned the public about fraudulent websites and fake recruitment advertisements purporting to originate from the commission.
The electoral body urged Nigerians to disregard the latest notice and avoid further circulating it.
“Please disregard and do not circulate this false recruitment notice,” INEC said.
The commission concluded its warning with an appeal to Nigerians to verify the authenticity of online information before clicking on links or submitting personal details.
“Stay informed. Stay safe. Always verify before you click,” INEC stated.
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