Politics
Naira Crisis: Tinubu, APC Govs meet, urge Buhari to allow old notes
In a last-ditch effort to resolve the lingering cash crisis that has thrown the entire country into turmoil, governors elected on the platform of the All Progressives Congress on Sunday met with the party leadership at the APC National Secretariat in Abuja.
This was as the chief executive officers of banks also met to proffer solutions to the situation which had led to attacks on banks and the death of no fewer than 13 persons across the country.
The development is coming barely six days before the presidential and National Assembly polls slated for Saturday, February 25, 2023
No fewer than 12 governors turned up for the crucial meeting with the APC National Chairman, Senator Abdullahi Adamu, and other National Working Committee members, which started at 2.37pm
At the meeting were governors Nasir El Rufai (Kaduna), Abdullahi Sule (Nasarawa), Muhammad Inuwa Yahaya (Gombe), Mai Mala Buni (Yobe), Abubakar Badaru (Jigawa) and Abubakar Sani Bello (Niger), Yahaya Bello (Kogi), Simon Lalong (Plateau), Biodun Oyebanji (Ekiti), Sani Bello (Niger), Atiku Bagudu (Kebbi), Babajide Sanwo-Olu (Lagos) and members of the National Working Committee of the party in attendance.
Governors Abdullahi Ganduje (Kano) and Dapo Abiodun (Ogun) were absent, while Imo and Katsina state governors were represented by their deputies.
The party’s presidential candidate, Asiwaju Bola Tinubu, later joined the meeting at 4.45pm.
Addressing journalists shortly before their closed-door session, Adamu expressed delight with the turnout, noting the imperative of the meeting.
He said, “It is my privilege to welcome you to this important and emergency meeting. We have found a situation where there is a pressing need to get together as standard bearers of our states in Nigeria who were elected on the platform of our great party, the APC.
“I am happy with the response so far. And it is my understanding that more of the governors are on their way. You will recall the recent development that has necessitated the need for this invitation.
“We do not want to sit in judgment over anybody or bodies with regard to what is going on today in the country as it affects our great party. I thought it best to get all those who are holding forth in the critical positions in the party to get together and have some interaction so that we can have a better interpretation and appreciation of the situation that we are in. That is the essence of this invitation.”
Contrary to an order of the Supreme Court that the Federal Government should suspend the February 10 deadline for swapping the old naira notes with new ones, the Central Bank of Nigeria refused to shift the deadline.
Three states
The apex court order followed a suit filed by Zamfara, Kogi and Kaduna state governments against the Attorney-General of the Federation, Abubakar Malami.
States including Lagos, Ondo, Ekiti, Kano, Sokoto, Ogun and Cross River have also joined the suit as co-plaintiffs.
The crisis between the governors and the President, Major General Muhammadu Buhari (retd.), worsened on Thursday when the President in his nationwide broadcast ignored the apex court by extending the validity of old N200 notes while insisting that old N500 and N1,000 remained illegal.
Buhari in his state broadcast said the old N200 note would be legal tender for the next 60 days, till April 10, 2023, while urging Nigerians to deposit their old N500 and 1000 notes with the Central Bank.
After the APC NWC and governors’ meeting which ended at 7.15pm, journalists were invited into the venue, where the chairman addressed them on the outcome of the parley.
Adamu lamented that although the naira redesign was a good move, the timing and the pain it had brought on Nigerians has necessitated the need for both the CBN Governor, Godwin Emefiele and the AGF, Abubakar Malami to avoid misleading the President.
He said, “I’m sure you are quite aware of the fact that a meeting comprising the APC governors was held today and the leadership of the NWC of our great party was summoned. We had a discussion and at the end of the discussion, we have resolved as follows: That this resolution is without prejudice or whatsoever to the case that is lying at the Supreme Court at this point in time. This has to do with the issue of currency redesign.
“We noted very seriously that the programme and its implementation are causing tremendous difficulties to the people of Nigeria and to the national economy. That we urge the Attorney General of the Federation and the Governor of the Central Bank of Nigeria to respect the supreme court order of interim injunction which is still subsisting
“That the meeting is urging his Excellency, Mr President, to intervene in resolving issues that are causing this great difficulties to the economy,”
When prodded to comment on the need for the presence of the APC Tinubu, at the meeting, Adamu disclosed that “Tinubu’s visit is a normal visit.”
Addressing journalists after the meeting, the Chairman of Progressives Governors Forum and the Governor of Kebbi State, Atiku Bagudu, expressed satisfaction with the level of mobilisation that had gone into the campaign of their presidential candidate.
He stated, “As the chairman spoke, the governors and the party are one and the same. And I am very proud about the conduct of our campaign by our presidential candidate
“The Director General of the campaign and indeed, governors and the candidate across the country have been doing a tremendous job of mobilizing the Nigerian populace and we are very, very impressed with the support of the majority of Nigeria.”
Although some of the governors like Sanwo-Olu and El Rufai wore long faces when they came out of the meeting, it is not immediately know if certain governors are in support of the naira swap policy.
Tinubu refused to address the press when he came out of the meeting at about 7.15 pm.
Despite entreaties by the journalists who kept pestering him with questions, he snubbed them and stepped into one of the waiting cars in his convoy and drove off.
It was gathered that during the meeting most of the governors, who spoke, said there was the need to prevail on the President to ensure the obedience of the court order.
Our correspondent learnt that Bagudu, who spoke first after the chairman’s opening address, rallied other governors and the APC NWC to kick against the CBN policy during the meeting.
“This informed the strong position they took against the policy, the CBN governor and the AGF,” a source explained.
The source added that the governors that spoke criticised the implementation of the naira redesign, which they said was not good for the party.
It was also gathered that the Bankers Committee was considering extending the collection of old notes this week to avert protests ahead of the polls.
It was learnt that the chief executives of commercial banks took the decision during a virtual meeting on Saturday as part of moves to avert fresh protests this week.
The meeting, it was further gathered, was aimed at getting the CBN to give approval for banks to resume the collection of old notes on Monday (today).
It was learnt the top bank officials believed doing so would reduce tension and prevent further protests that could increase tension ahead of Saturday polls.
“Bank CEOs met over the weekend to find a solution to the crisis. You can see that some banks collected old notes deposits on Saturday. The idea is to get banks to resume old notes collection from customers on Monday (today). This will prevent further attacks on bank officials and bank property this week. This is the last week before the polls, so the CBN and banks want to ensure there is no tension,” a top official privy to the development told The PUNCH.
Meanwhile, in defiance of the directive by the President, Major General Muhammadu Buhari (retd.), that the old N1,000 and N500 have ceased to be legal tender, the Kaduna State Government has directed ministries, departments and agencies to accept payments in the old naira and new notes.
El-Rufai had last Thursday slammed Buhari over his directive which he said was in disobedience to the February 8 Supreme Court Order restraining the Federal Government from ending its cash swap policy on February 10.
The governor asked residents of the state to continue using the old naira notes.
ENDS
Chief Sir OAU Onyema, a senatorial aspirant for Enugu West in the 2027 elections, has announced his resignation from the Nigeria Democratic Congress (NDC), citing alleged lack of transparency, internal manipulation, and attempts by party leaders to impose candidates on the electorate.
Speaking during a media briefing, Onyema accused influential figures within the party of abandoning democratic principles by allegedly sidelining popular aspirants in favour of loyalists and personal associates.
According to him, party leaders have failed to release the results of screening exercises and purported primary elections, raising concerns that the process is being manipulated to favour preferred candidates before names are submitted to the Independent National Electoral Commission (INEC).
The former aspirant specifically alleged that a prominent political figure from Delta State was working with some NDC leaders to undermine the wishes of the people of Enugu West Senatorial District by promoting a personal aide for the senatorial ticket despite lacking grassroots political support in the district.
Onyema said such moves would be resisted through lawful and democratic means, insisting that the people of Enugu West deserve candidates with established political relevance and local acceptance.
He further claimed that efforts to integrate political structures built around Labour Party’s 2023 presidential candidate, Peter Obi, into the NDC were frustrated, resulting in what he described as weak and ineffective party structures at the ward level.
The politician also alleged financial irregularities within the party, including what he termed the undue collection of funds from members, though he did not provide specific evidence during the briefing.
Expressing disappointment with the party’s operations, Onyema declared that the NDC had failed to live up to expectations of transparency, fairness, and sincerity.
He vowed to work towards providing voters in Enugu West with credible alternatives ahead of the 2027 elections, regardless of political party affiliation.
“We remain committed to the ideals of justice, fairness, democracy, and the will of the people,” Onyema stated, adding that while he still believes a new Nigeria is possible, he has lost confidence in the NDC and is formally exiting the party.
He maintained that the 2027 elections would be “interesting” and expressed confidence that voters would increasingly focus on the quality of candidates rather than political party platforms.
In the now-controversial post shared on his social media page, Osborne wrote: “In a sane clime president Bola Ahmed Tinubu would’ve respectfully and honourably resigned. I’m of APC but truth be told.”
The comment quickly generated reactions online before the Akwa Ibom State Government moved to terminate his appointment.
In a letter dated June 2, 2026, the Office of the Political Adviser to the Governor announced his immediate disengagement.
The termination letter, signed by the Political Adviser to the Governor, Prince Godwin Ntuk Udeh, stated that Osborne Ubong Okon had been relieved of his duties with immediate effect.Politics
According to the letter, the decision was taken over actions the office described as disloyal.
“You are hereby relieved of your engagement as a Media Aide to the Political Adviser to His Excellency the Governor, with immediate effect and from today, 2nd June 2026,” the memo read.
The letter further cited “actions bordering on disloyalty” and the need to keep the office “purified” as reasons for the dismissal.
The office also issued a warning to members of the public and government officials regarding future dealings with the former aide.
“Any person having dealings with the above-mentioned former Media Aide in relation to this office of his former engagement does so on his/her own peril,” the statement added.
The development has sparked fresh conversations about the limits of political expression for government appointees and the expectations of loyalty within public service, particularly when comments are directed at the presidency.
Neither Osborne nor the Presidency had publicly responded to the development as of the time of filing this report.
The decision was taken during plenary on Tuesday at the Assembly complex in Dutse, the state capital, as the party continues to deal with the fallout from recent primaries.
The action comes amid a wave of suspensions across Jigawa APC following the recently conducted primary election.
Several special advisers and special assistants have already been suspended statewide over alleged anti-party activities from state level down to local government level.
Maigari, who doubles as the councillor representing Auyo Ward, was suspended after the House considered a motion by the Majority Leader, Lawan Dansure.
The motion sought disciplinary action against the lawmaker for conduct deemed harmful to party cohesion.
Moving the motion during the Assembly’s plenary session on Tuesday, Dansure urged members to support the suspension.
He said the House must act to protect the integrity of the ruling party ahead of 2027.
According to him, the actions of the Speaker of Auyo Legislative Council are detrimental to the unity, stability, and progress of the All Progressives Congress in the state.
“His actions are detrimental to the unity, stability, and progress of the All Progressives Congress,” Dansure told the House.
He argued that anti-party conduct at the grassroots level could undermine APC’s performance in future elections.
He said the House could not fold its arms while party discipline was being tested.
“Hon. Haruna Maigari is hereby suspended as Speaker of Auyo Legislative Council over alleged anti-party activities,” Dangyatin announced during plenary.
The Speaker also said the House remains committed to party discipline at all levels of governance in the state.
Dangyatin then constituted an investigative committee to look into the matter and report back within two weeks.
“The committee is expected to establish facts and recommend further action based on its findings,” he said.
The Speaker also directed the suspended lawmaker to hand over all official documents in his possession to the Deputy Speaker of Auyo Legislative Council.
He said the handover must be done immediately to ensure continuity of council business.
Meanwhile, the House also received a formal notification from Governor Umar Namadi regarding an official trip.
“The governor is billed to attend a two-day West African Rice Investment Roundtable in Accra, Ghana,” the Speaker said during the plenary session of the Assembly.
Dangyatin, who explained that the governor’s foreign engagement will hold between June 2 and June 3, 2026, added that “the governor’s participation is aimed at attracting investment to Jigawa’s rice value chain.”
By Chinedu Sabastine
Mr. Samson Chukwu Nnamani has declared that he remains the authentic governorship candidate of the Peoples Democratic Party (PDP) in Enugu State ahead of the 2027 election.
Nnamani made this known on Friday during a press briefing held at the Nigeria Union of Journalists (NUJ) Press Centre, Enugu.
Reacting to allegations that he was suspended from the party before the PDP governorship primary election, Nnamani dismissed the claim, questioning how a supposedly suspended aspirant could participate in the exercise and secure votes.
“The purported claim that I was suspended is very funny. If I was suspended as they claim, how can they attribute votes for me during their kangaroo primary,” Nnamani questioned.
Represented by his Media Director, Dr. Buchi Nnaji, the PDP chieftain said his authenticity derives from the present recognition of the Abdulrahman-led faction of the PDP by the Independent National Electoral Commission (INEC), of which he is a member.
The clarification followed the emergence of multiple claimants to the PDP governorship ticket in Enugu State.
Nnamani insisted that the party was no longer factionalised following INEC’s recognition of the Abdulrahman-led PDP leadership, noting that the panel which declared him winner where sent from their headquaters, Abuja.
Nnamani expressed gratitude to PDP leaders and supporters whom he said turned out massively on Sunday, May 24, 2026, to elect him as the party’s governorship candidate.
He pledged to reposition Enugu State through infrastructure development, job creation and people-oriented policies.
“As the Peoples Democratic Party governorship candidate in Enugu State, I remain committed to the ideals of good governance, inclusive leadership, economic development, youth empowerment, quality education, improved healthcare and enhanced security for all residents,” he said.
He added that his aspiration was to build “a greater Enugu State where opportunities abound for every citizen, irrespective of political affiliation, religion or social status.”
According to him, his administration would prioritise infrastructure development, industrialisation, support for small businesses and welfare programmes aimed at improving the lives of the people.
“We shall also review and remove policies and practices that are truncating the wellbeing, economic survival and social advancement of the citizens,” he stated.
Nnamani further called on stakeholders, party faithful, youths, women, traditional rulers and the people of Enugu State to join hands in building “a united, peaceful and progressive state.”
“Together, we can achieve the Enugu of our dreams,” he added.
The Presidency has reacted following the circulation of an alleged WhatsApp voice note in which President Bola Tinubu reportedly claims he begged opposition figure Peter Obi to step down ahead of the 2027 presidential election.
The reaction came on Wednesday from Bayo Onanuga, the Special Adviser on Information and Strategy to the President.
Onanuga condemned the audio file, labeling it a fabrication and called for legal action against popular social media critic VeryDarkMan who shared it.
“This VDM needs to face the weight of the law for being the conveyor and disseminator of a fake audio of President Tinubu. This is a clear case of an egregious abuse of the social media platform.,” Onanuga tweeted.
In the viral video, VeryDarkMan used the alleged leaked audio to urge Nigerians to vote against President Tinubu’s reelection bid in the upcoming 2027 polls.
Recall that just days ago, on Saturday, May 23, 2026, President Tinubu secured the presidential ticket of the All Progressives Congress (APC) in a landslide nationwide direct primary election.
During that contest, Tinubu faced a lone challenger, Edo State businessman and APC chieftain Stanley Osifo. The President won with 10,999,162 votes from the 12,643,306 registered party members, while Osifo secured 16,503 votes.
Meanwhile, Peter Obi, who finished third in the 2023 election, is widely expected to fly the flag for the Nigerian Democratic Congress (NDC). Both Obi and Tinubu hail from the southern region of Nigeria and are set to face last year’s runner-up, Atiku Abubakar, who is expected to lead the ticket for the African Democratic Congress (ADC).
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