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Showing posts from January 29, 2023

APC PCC Commends CBN, Buhari Over Extension Of Naira Swap Deadline

The Presidential Campaign Committee of the All Progressives Congress, APC has commended CBN and Governor, Mr. Godwin Emefiele over extension of the naira swap deadline. APC PCC made this commendation in a press statement by its Director, Media and Publicity, Bayo Onanuga. The statement reads:  "We want to commend the Central Bank of Nigeria and Governor, Mr. Godwin Emefiele for listening to the voice of well meaning Nigerians on the exigency  of extending the deadline for change of old N200, N500 and N1000 naira notes to the new ones. Following difficulties experienced by Nigerians from across the country from getting the new notes via ATMs and over the counter from Banks, many Nigerians especially requested for an extension of  the 31 January, 2023 deadline. We welcome the 10 day extension of deadline and the additional seven days of grace. This window will  enable Nigerians especially those in rural and remote areas to have more time to change their old notes and avert the panic

Tinubu and ghosts of fuel scarcity, new Naira notes | By Festus Adedayo

In a piece I wrote entitled A O M’erin J’oba At Tinubu’s Colloquium (April 1, 2018) I warned that the man who has now become the presidential candidate of the All Progressives Congress, (APC) Bola Ahmed Tinubu, was making a strategic mistake in assuming that Buhari loved him. Or that he would probably want to relinquish power to him. Using a famous folklore rendered as tale told by the moonlight in traditional African Yoruba, but which Chief Obafemi Awolowo’s Minister of Works and folklorist/writer, Joseph Odunjo, brought into vivid perspective in his Alawiye Yoruba literature series, I explained how Tinubu, resting his belief on a mistaken belief that Buhari would requite the good done him in making him president, would make a fatal fall. Using the animal world as a motif, Odunjo told this story which ancient Yoruba belief used to depict gross human deception and how human beings are easily susceptible to and capable of mischief. Represented as a character with power, majesty and accl