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Breaking: Supreme Court Stops FG ,CBN From Banning Use Of Old Naira Notes

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The Supreme Court of Nigeria has temporarily halted the decision of the federal government to ban the use of old Naira notes.

The 7-man panel of the Apex court led by Justice John Okoro made the pronouncement while ruling on an ex parte injunction filed by three northern States of Kaduna, Kogi and Zamfara states.

The three states had specifically applied for an order of Interim Injunction restraining “the federal government through the Central Bank of Nigeria (CBN) or the commercial banks from suspending or determining or ending on February 10, 2023, the time frame with which the now older version of the 200, 500 and 1,000 denomination of the naira may no longer be legal tender pending the hearing and determination of their motion on notice for interlocutory injunction”.

Moving the application on Wednesday, counsel to the applicants, Mr A. I. Mustapha, SAN, had urged the apex court to grant the application in the interest of justice and the well-being of Nigeria.

He stated that the policy of the government had led to an “excruciating situation that is almost leading to anarchy in the land “.

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While he referred to a Central Bank of Nigeria’s (CBN) statistics which put the number of people who don’t have bank accounts at over 60 percent, Mustapha lamented that the few Nigerians with bank accounts can’t even access their monies from the bank as a result of the policy.

The senior lawyer further argued that unless the Supreme Court intervenes the situation will lead to anarchy because most banks are already closing operations.

Delivering ruling in the motion, Justice Okoro, held that after a careful consideration of the motion exparte this application is granted as prayed, “An order of Interim Injunction restraining the federal government through the Central Bank of Nigeria (CBN) or the commercial banks from suspending or determining or ending on February 10, 2023, the time frame with which the now older version of the 200, 500 and 1,000 denomination of the naira may no longer be legal tender pending the hearing and determination of their motion on notice for interlocutory injunction”.

He accordingly adjourned to February 15, 2023 for hearing of the main suit.

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Kano Civil Society Forum Board of Trustees Lacks Authority to Suspend Members, Says Amb. Ibrahim Waiya

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The Kano Civil Society Forum (KCSF) Board of Trustees (BOT) has no power to suspend or dismiss any bona fide member of the KCSF, according to Amb. Ibrahim Waiya, the Executive Director of Citizens for Development and Education (CDE).
Waiya’s statement comes in response to reports that the BOT, led by Prof. Mohammad Tabiu, has suspended him from the forum.

Waiya addressed the issue in a press statement, clarifying that the information circulating on social media and other platforms was misguided. “The misguided information in the press release, published on some media platforms, was said to have been signed by one Alhaji Hamisu Isa Sherifai, who paraded himself as the Secretary of the KCSF Board,” Waiya stated.

He emphasized that he does not typically engage in trivial disputes but felt compelled to set the record straight for the benefit of those misled by the media propaganda. “The only crime Amb. Ibrahim Waiya and his colleagues committed was their objection to a kangaroo election organized by BOT to elect the new leadership of KCSF,” Waiya explained. He noted that less than 50 out of 200 registered organizations participated in the election, which he described as lacking accountability, transparency, inclusiveness, and credibility.

Waiya criticized the BOT for not understanding the KCSF constitution and overstepping their boundaries. “KCSF BOT has no right to outrightly suspend any registered member, except on the recommendation of the Executive Council, after a thorough investigation of any offense,” he asserted. He added that the BOT should not assume the role of managing the day-to-day affairs of the organization.

Highlighting the importance of fair hearing, Waiya pointed out that the Nigerian constitution guarantees this right to every citizen. “It is clearly spelt out even in the Nigerian constitution that fair hearing is a fundamental right of every citizen,” he said. Waiya questioned how the BOT received a recommendation from the executive council, given that the BOT-anointed leadership is currently standing trial in a case challenging the validity of the election.

Waiya appealed to all patriotic members of the KCSF, associates, partners, friends, and colleagues to remain calm and disregard the negative propaganda against him. “We must also note that Kano development, the North, and Nigeria are the primary priority of Amb. Ibrahim Waiya, not his reputation,” he stated. Waiya assured that the purported suspension letter holds no water and that the action will be challenged in court.

The statement was signed by Bahir A. Bashir, Media Aid to Amb. Ibrahim Waiya.

 

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Mutiu Adepoju Urges NFF to Retain Augustine Eguavoen as Super Eagles Coach

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Former international, Mutiu Adepoju, has urged the Nigeria Football Federation (NFF) to keep Augustine Eguavoen in charge of the Super Eagles.

Eguavoen took charge of the Super Eagles in interim capacity in September.

The 59-year-old guided the team to qualify for AFCON 2025 with three wins, two draws and one defeat.

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The NFF are reportedly still planning to hire a foreign coach for the three-time African champions.

Adepoju however said his former teammate should stay in charge of the team.

“I would rate him very well. Number one, we’ve qualified for the AFCON, which is one of the objectives,” he told Brila FM.

“I would say he has done well and is still doing well.

“They should keep encouraging him. I believe he’s getting things done, I will rate him high, let just keep supporting him.”

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Kano State Hosts 8th Annual Audit Forum to Enhance Transparency and Accountability

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The 8th Annual Audit Forum, organized by the Office of the Auditor General of Kano State, was held recently, focusing on strengthening transparency and accountability in public financial management. .

Isma’ila Musa, the Auditor General of Kano State, welcomed the participants and highlighted the constitutional and legal mandates that guide the auditing process. “Sections 125(2) of the 1999 Constitution of the Federal Republic of Nigeria (as amended) and 36(i) of the Kano State Audit Law, 2021 (as amended) mandate the Office of the Auditor General to audit the accounts and financial statements of the State Government and all Offices and Courts,” he stated.

Musa expressed immense gratitude to His Excellency, Engineer Abba Kabir Yusuf, the Governor of Kano State, for his support in making the event possible. “It is very important to note that a strengthened fiscal transparency will help build trust in governance,” he emphasized. He added that the Audit Forum is a reform intended to reduce opportunities for corruption and abuse of public resources, thereby increasing the efficiency of public expenditures.

The Auditor General also acknowledged the contributions of various officials, including the Hon. Commissioner Ministry of Planning and Budget, the Accountant General, the Executive Chairman of Kano Internal Revenue Services, and former Auditors General, among others. “My sincere appreciation to all the invitees here present for honoring our invitation. I wish us a successful 8th Kano State Annual Audit Forum,” Musa concluded.

In his remarks, the Chairman of the House Committee on Public Accounts, Honorable Tukur Fagge, praised the exercise for its potential to enhance resource management and ensure the success of the tasks at hand. “This exercise will enhance resources management and will realize the success of the task,” Fagge stated.

Sarkin Shanon Kano, Shehu Muhammad Dankadai, who served as the royal father of the day, also graced the event, adding to the significance of the occasion.

The forum underscored the commitment of the Kano State Government to upholding transparency and accountability, reflecting the administration’s dedication to effective and efficient service delivery.

 

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