Skip to main content

Atiku: Bullion vans must not determine election result

 


The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, on Sunday, urged Nigerians not to allow the results of the 2023 presidential election to be determined by “bullion vans.”

In a newsletter sent to our correspondent, the former vice-president and serial presidential candidate urged Nigerians to channel frustrations accrued from the scarcity of naira and fuel to vote out the ruling All Progressives Congress.

“A few days ago, I had cause to make a statement on the currency conversion policy of the federal government. In the said statement, I aligned my position with an upsurge of demands for a slight extension of the January 31 deadline.

“While commending the magnanimity of the CBN for such an extension, it would be pertinent for the agency to take urgent measures and make the new currency available and accessible to the public. This is necessary to ease the ongoing hardships and frustration that have become manifest in our people across the country.”

Speaking further, Atiku commended the apex bank and the Economic and Financial Crimes Commission on the work done to curtail individuals who hoard the newly designed naira.

“It is also noteworthy to appreciate the good work being done by the EFCC and the Independent Corrupt Practices Commission for busting unscrupulous elements who hoard money in secret warehouses.

“Under no circumstance must we allow the outcome of this election to be determined by the bullion van tendencies. The frustration that we all go through at the moment can be corrected if the CBN continues to do its part and operatives of the EFCC and ICPC, too, ensure that people do not keep stacks of money out of reach of the public. The other side of the bargain is for us as Nigerians to use the power of our PVC to channel 


Comments

Popular posts from this blog

CBN defies Supreme court-- Old naira notes no longer legal tender

 In defiance of the Supreme Court order, the Central Bank of Nigeria, CBN, declared that the old naira notes of N200, N500 and N1000 have ceased being legal tender in Nigeria since February 10, 2023. CBN’s branch controller in Bauchi Haladu Idris Andaza made the declaration while briefing journalists on Monday in Bauchi. Last week, an ex parte order of the Supreme Court restrained CBN from implementing the February 10 deadline to stop the circulation of the old naira notes. But, Andaza insisted the old naira ceased being legal tender on February 10. “For the avoidance of doubt, CBN is ready and is open to receiving all of those old notes based on certain conditions and criteria. “Customers are free to come to the bank and deposit, which they cannot do at the commercial banks anymore because the currency has ceased to be a legal tender since the 10th of this month,” he stated. DAILY POST reported that commercial banks are rejecting old naira deposits from customers in Ilorin, the ca...

Governor of the Apex Bank, Emefiele Say NO to Extension of January 31 Deadline for Return of Old Banknotes

  The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday declared that the January 31, 2023 deadline fixed by the apex bank for the return of old N200, N500 and N1,000 banknotes would not be extended. Emefiele, rather, urged those who might still be holding on to the old banknotes to turn them in, assuring them they would not be harassed by the anti-graft agencies. The CBN Governor’s comment came just as the Senate and House of Representatives members urged the banking sector regulator to extend the deadline. Both the red chamber and the green chamber requested for a six-month extension of the deadline. In addition, the House of Representatives set up an ad hoc committee to meet Managing Directors of banks and subsequently with the CBN over the public outcry on the cash withdrawal limit and scarcity of the redesigned naira. They also called on President Muhammadu Buhari to intervene in the matter. However, addressing journalists at the end of a two-day me...

CR7 faces 30 Days Ban if found Guilty

The possibility of a suspension looms over Al Nassr striker Cristiano Ronaldo. The Portugal international may be suspended again as part of the investigation launched into his former club Juventus’ false bookkeeping and transfer irregularities in the past. Italian journalist Paolo Ziliani said that 15 points were recently deducted from Juventus after an investigation into their finances by an Italian court. Ziliani reports that the scope of the punishment for the Italian giants could stretch beyond Italy and to players such as Cristiano Ronaldo’ who are no longer at Juventus. If Cristiano Ronaldo or any other player is found guilty of falsely reporting lower wages, they could be banned for 30-plus days. Ronaldo was at the Turin-based club between 2018 and 2021 and could receive this punishment. “All members involved were questioned and admitted the circumstances [as part of the investigation],” he said according to Sportbible.