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Old Naira notes remain valid indefinitely – CBN 

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By Tony Obiechina, Abuja 

The Central Bank of Nigeria(CBN) has made clarifications that the old series of N200, N500, and N1,000 banknotes will remain valid indefinitely.

The apex bank also refuted claims that the notes would cease to be legal tender by December 31, 2024.

The CBN Acting Director of Corporate Communications, Hakama Sidi-Ali in a statement noted that such reports are false and intended to disrupt the nation’s payment system.

The statement read, “The attention of the Central Bank of Nigeria has been drawn to discussions at different fora suggesting that the old series of the N200, N500, and N1,000 banknotes shall cease to be legal tender on December 31, 2024.

We wish to state categorically that such claims are false and calculated to disrupt the country’s payment system.

“For the avoidance of doubt, the order of the Supreme Court of Nigeria on Wednesday, November 29, 2023, granting the prayer of the Attorney-General of the Federation and Minister of Justice to extend the use of old Naira banknotes ad infinitum, subsists.”

“Similarly, the CBN’s directive to all its branches to continue to issue and accept all denominations of Nigerian banknotes, old and re-designed, to and from deposit money banks remains in force,” the apex bank noted in its statement.

The bank reminded the public that the Supreme Court’s order for the continued use of old naira notes alongside the redesigned versions is still in force.

“Accordingly, all banknotes issued by the Central Bank of Nigeria will continue to remain legal tender indefinitely,” the statement added.

The CBN urged Nigerians to disregard any suggestions that the old series of banknotes will cease to be valid from the end of 2024.

It also called on citizens to continue using both old and redesigned naira notes for transactions and advised them to handle the notes with care to preserve their quality and lifespan.

NEWS

Kebbi Gets New Head of Service

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The Kebbi Government has appointed Malami Muhammad-Shekari as the substantive Head of Civil Service of the state.The Chief Press Secretary to Kebbi Governor, Alhaji Ahmed Idris, made this known in a statement in Birnin Kebbi on Friday.Idris said the appointment had been conveyed to Muhammad-Shekari in a letter dated Nov.

1.He added that the appointment took effect from Oct.
28.“The Executive Governor of Kebbi State, His Excellency, Dr Nasir Idris, FCNA (Kauran Gwandu), has approved the appointment of TPL.
Malami Muhammad Shekare (mni) as the substantive Head of the Civil Service with effect from 28th Oct. 2024,” Idris quoted the letter as stating. (NAN)

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APC Stalwart Faults Ex-Kogi Gov’s Trial

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All Progressives Congress (APC) Stalwart Isaac Onuh and a former Ambassador to Botswana has faulted the trial of former Kogi Gov. Yahaya Bello over corruption charges.In a news conference on Friday in Lokoja, Onuh described Bello’s trial as an “unfortunate witchhunt”.The Economic and Financial Crimes Commission (EFCC) has, on Thursday, asked a Federal High court in Abuja to begin the trial of Bello in his absence.

The anti-graft agency has also filed a 19-count charge bordering on money laundering to the tune of N80 billion.
But Onuh alleged that the anti-corruption agency was harassing and intimidating the ex-governor.He said that Bello deserved to be respected by government agencies, including EFCC, having served the state for eight years.
He alleged that the EFCC had yet to provide ample evidence to substantiate its allegations of financial impropriety against Bello.He noted that Kogi was governed by laws made by the state House of Assembly which established the state anti-corruption commission that consistently gave clean bill to Bello during his administration.But the EFCC insisted that it asked Justice Emeka Nwite of the Federal High Court sitting in Maitama, Abuja, to proceed with the trial of Bello in absentia, arguing that his non-appearance in court for arraignment should not be allowed to frustrate his trial.The EFCC through its lead counsel, Kemi Pinheiro, SAN, also urged the court to enter a plea of “not guilty” on behalf of Bello.According to EFCC, Bello is facing trial on 19-count charges bordering on money laundering to the tune of N80.2billion.It notes that the court had summoned him for arraignment six consecutive times.Pinheiro noted that the former governor’s refusal to appear for his arraignment was malicious and that the court should not demonstrate helplessness by not trying him in absentia.(NAN)

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Ebonyi: Police Arrest 4 Suspected Organ Harvesters, 173 Others

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The Nigeria Police command in Ebonyi said it arrested no fewer than 177 suspected criminals for various offences in the month of October, 2024. The Command noted that four out of the 177 suspects were alleged to be involved in human organ harvesting and ritual killings. DSP Joshua Ukandu, the Police Public Relations Officer (PPRO) disclosed this in a news conference in Abakaliki on Friday.

Ukandu explained that officers and men of the command arrested a total of 177 suspects which includes 162 males and 15 females.
“92 suspects among them have been charged to court, while others would be arraigned once investigations are completed. “On behalf of the Commissioner of Police Ebonyi Command, CP Anthonia Uche-Anya, I want to warmly welcome you to this press conference “I am here to update you on the Command’s achievements within October 2024 and our relentless efforts to combat crimes and ensure a safe and prosperous environment for socio-economic growth in the State.
“The command has employed strategic steps through increased stakeholders engagement to help bring crimes to the barest minimum. “Through this approach, we have been able to reduce the incidences of violent crimes, while operatives of the command are not relenting in our efforts to make the state safe for all. “During the month under review, the command arrested 162 males and 15 females, totalling 177 suspects for various offences. 92 suspects have already been charged in court, while others will be arraigned once investigations are complete,” Ukandu explained. On the alleged organ harvesting and ritual killings, the Command’s Spokesman said that on October 11, Mrs Blessing Chikezie reported to the command of her missing husband, Mr Idenyi Chikezie, who left home on September 9 for a business trip to Lagos. “Command operatives from the Anti-kidnapping unit, through a painstaking investigation and credible intelligence, arrested one Innocent Elebe and Eze Elechi; they made useful statements, which led the police to arrest Obinna Nwanguru and Oda Peter. “They confessed to killing Chikezie Idenyi, Chibu Odii and Eze Fabian on different dates while trying to extract their blood/ organs to use it to cure a cognitively impaired person (Down syndrome). “Operatives of the command have recovered the corpses of Chikezie Idenyi and Chibu Odii while effort is ongoing to recover the remains of the third victim,” Ukandu stated. Some other suspects were arrested for kidnappings, murder, robbery and unlawful possession of firearms. (NAN)

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