BIAFRA NEWS : We Will Not Extend February 10 Deadline – Central Bank Governor, Emefiele Dares Nigerians

Emefiele appealed to Nigerians to exercise patience noting that the gains of the policy outweigh the initial challenges.

The Central Bank of Nigeria (CBN) has said it is not considering deadline extension for the phasing out of the old Naira notes after the 10-day grace recently approved by President Muhammadu Buhari.

Nigerians, including governors elected on the platform of the All Progressives Congress (APC), have asked the apex bank for an extension owing to the scarcity of the redesigned Naira notes.

Speaking at a briefing in Lagos State, the CBN governor, Godwin Emefiele, appealed to Nigerians to exercise patience noting that the gains of the policy outweighed the initial challenges, Daily Trust reports.

“I want to say unfortunately again, this time, we will not be looking at extension of deadline because we are the Central Bank and the deposit money banks are doing everything to address the challenges,” he said.

He also said the redesigned naira policy was not targeted at anyone, re-emphasising that the policy is aimed at economic benefits.

He also appealed to Nigerians not to allow themselves to be used to truncate the policy.

“We are doing our work. We are bankers. Those holding protest should not allow themselves to be used,” he said.

He begged Nigerians to show understanding and accept to join queue at the banks.

President Muhammadu Buhari had asked Nigerians to give him seven days to take a major decision on the naira redesign policy.

He said this after APC governors met with him at Aso Rock earlier in the day.

Comments

Nnamdi Kanu Sends Important Message To IPOB Members From Detention

The detained leader of the proscribed Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, has sent an important message to his followers over the Biafra movement. The embattled separatist according to one of his brothers, Prince Kanu Meme, has asked his disciples to trust and comply with directives from the Directorate of State (DOS). Boasting his belief in the separatist movement’s administrative structure, Kanu said “I’m DOS and DOS is me”. Naija News understands that the DOS, headed by diaspora-based Chika Edoziem has been contending with authority issues since Kanu’s arrest in Kenya in June 2021. It has been observed that IPOB is in disintegration following Nnamdi Kanu’s rearrest and detention. The present situation of the Biafran movement can be likened to that of sheep without a shepherd. However, Kanu in a conversation with his sib...

BIAFRA NEWS : Justice Nyako Is Partisan, Must Step Down From Nnamdi Kanu’s Case – IPOB

Justice Nyako Is Partisan, Must Step Down From Nnamdi Kanu’s Case – IPOB IPOB, which made the demand in a statement issued by its Media and Publicity Secretary, Emma Powerful, condemned what it described as the Nigerian government's political and judicial persecution of Kanu using Justice Nyako. The Indigenous People of Biafra (IPOB) has asked Justice Binta Nyako of the Federal High Court to step down from the case of its detained leader, Nnamdi Kanu. Bnbpick.io - Earn Free BNB, Faucet, Multiply BNB game Bnbpick.io https://bnbpick.io Bnbpick.io is an Free BNB faucet that enables users the ability to earn free BNB every hour. You are able solve captchas in order to accrue these litecoins. IPOB, which made the demand in a statement issued by its Media and Publicity Secretary, Emma Powerful, condemned what it described as the Nigerian government's political and judicial persecution of Kanu using Justice Nyako. According to Powerfu...

IPOB: The Nigerian Civil War, commonly known as the Biafran War

THE HISTORY OF BIAFRA AND NIGERIA WAR Israel, Nigeria and the Biafra civil war The Nigerian Civil War , commonly known as the Biafran War (6 July 1967 – 15 January 1970), was a war fought between the government of Nigeria and the secessionist state of Biafra. Biafra represented nationalist aspirations of the Igbo people, whose leadership felt they could no longer coexist with the Northern-dominated federal government. The conflict resulted from political, economic, ethnic, cultural and religious tensions which preceded Britain's formal decolonization of Nigeria from 1960 to 1963. Immediate causes of the war in 1966 included a military coup, a counter-coup and persecution of Igbo living in Northern Nigeria. Control over the lucrative oil production in the Niger Delta played a vital strategic role. Within a year, the Federal Government troops surrounded Biafra, capturing coastal oil facilities and the city of Port Harcourt. The blockade imp...

IPOB : Biafra will create more problems for us, Nnamdi Kanu, others must stop agitation – Igbo youths

The body is making the call following the struggle by the Indigenous People of Biafra, IPOB, and the Movement for the Actualisation of the Sovereign State of Biafra, MASSOB, for the restoration of Biafra. Speaking with newsmen on Sunday, leader of the group, Igwe Ifeanyi warned the entire Ndigbo to “bury the idea of the struggle for Biafra and embrace the new platform, INM for intellectual and strategic engagements that would enthrone equity, fairness and justice to every member of the Nigerian State.” South East youths under the aegis of Igbo for Nigerian Movement, INM, have advised people of the region against heeding the call for secession, stressing that the actualization of Biafra is not the panacea to their problems but the beginning. Ifeanyi noted that the ongoing clamour by some persons for the secession of Igbo from Nigeria was a call to self-destruction and would only do them more harm than good. He said only if Igbos were united can they reap maximum benefits f...

THE RESTORATION OF BIAFRA NATION

Search This Blog