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
The African Democratic Congress (ADC) has warned the ruling All Progressives Congress (APC) against what it described as an attempt to undermine opposition parties through judicial interventions.
The party issued the warning following a Federal High Court judgment in Abuja that removed the Senator David Mark-led leadership of the ADC and invalidated the party’s nomination of former Vice President Atiku Abubakar.
In a statement signed by its National Publicity Secretary, Bolaji Abdullahi, the ADC described the judgment delivered by Justice Peter Lifu as an attempt to weaken the opposition and deny Nigerians the opportunity to freely choose their leaders in the 2027 general elections.
The party also questioned the timing of the judgment, noting that it came barely 24 hours after its presidential campaign rally in Sokoto, which it claimed attracted hundreds of thousands of supporters.
According to the ADC, the development raised concerns that the judgment had been prepared earlier but was only delivered following the successful rally.
The party said the ruling could have far-reaching consequences beyond Atiku and David Mark, potentially affecting thousands of candidates seeking elective positions at the local, state and federal levels.
“Do these people understand what they are playing with? This is not about Atiku Abubakar or David Mark. It is about the democratic rights of Nigerians to freely choose their own leaders. It is about the rights of thousands of candidates to participate in a democratic process,” the statement said.
The ADC further argued that the judgment was legally indefensible, citing an earlier ruling by Justice Musa Liman of the same Federal High Court, delivered on July 2, 2026, in Suit No. FHC/ABJ/CS/1637/2025.
According to the party, the earlier judgment affirmed the legitimacy of the David Mark-led National Working Committee and directed the Independent National Electoral Commission (INEC) to recognise the leadership.
It maintained that a court of coordinate jurisdiction cannot review, vary or nullify the subsisting judgment of another court of equal jurisdiction.
The party, however, said it was awaiting a Certified True Copy of the latest judgment to establish its precise terms, scope and consequential orders.
The ADC accused the APC of attempting to use the courts to weaken political opposition, insisting that Nigerians would not remain silent if their democratic rights were threatened.
“We warn the APC: do not play with fires you cannot control. The peace and stability of Nigeria are bigger than the ambition of any president or political party,” the statement added.
The party also questioned why the APC would be concerned about political competition if it was confident in its performance and electoral popularity.
It called on the judiciary to resist attempts to use the courts to undermine democratic institutions and pave the way for dictatorship.
The ADC urged its members nationwide to remain calm and law-abiding while the party pursues all available legal avenues to challenge the judgment.
The African Democratic Congress (ADC) Presidential Campaign Council (PCC) has dismissed the judgment delivered by Justice Peter Lifu of the Federal High Court, Abuja, which nullified the leadership of Senator David Mark and Ogbeni Rauf Aregbesola and voided the nomination of former Vice-President Atiku Abubakar as the party’s presidential candidate.
The Council described the judgment as an academic exercise that had been overtaken by events, insisting that it would challenge the ruling at the appropriate judicial platforms.
In a statement signed by its Director of Media and Publicity, Kola Ologbondiyan, the ADC PCC maintained that the judgment had no practical effect and could not override an existing judgment delivered by a court of coordinate jurisdiction on the same subject matter.
It recalled that Justice Musa Liman of the same Federal High Court, Abuja, had earlier ruled on the circumstances surrounding the emergence of Mark and Aregbesola as National Chairman and National Secretary of the party.
According to the Council, Justice Liman had held that the transfer of leadership from Chief Ralph Nwosu to Senator Mark did not violate the provisions of the ADC constitution.
It further explained that the disputed July 2, 2025 meeting was a stakeholders’ meeting preceding the National Executive Council (NEC) meeting of July 29, 2025, where Mark and Aregbesola emerged as National Chairman and National Secretary respectively, under the monitoring of the Independent National Electoral Commission (INEC).
The Council argued that the leadership question had already undergone judicial scrutiny and could not be overturned without due consideration of the principles governing judicial authority.
It therefore described the latest ruling as an exercise in futility, adding that its legal team was taking immediate steps to challenge the decision.
The ADC PCC also questioned the timing of the judgment, linking it to the party’s growing political momentum following what it described as a successful presidential campaign flag-off in Sokoto, in contrast to the reported failure of the APC campaign flag-off in Kaduna.
It accused the ruling All Progressives Congress (APC) of attempting to use political and institutional instruments to frustrate the opposition rather than confront it through democratic competition and the ballot box.
The Council also expressed concern over Justice Lifu’s involvement in another controversial judgment concerning the ADC, recalling that his earlier ruling declaring the party deregistered was subsequently set aside by the Court of Appeal.
It further alleged that there were concerns surrounding possible pressure and political interference in the proceedings, insisting that the independence and integrity of the judiciary must not be compromised by partisan interests.
The ADC PCC, however, reaffirmed its recognition of Senator Mark as the party’s National Chairman and Aregbesola as National Secretary.
It urged its candidates, members and supporters nationwide to remain calm and continue their political activities, assuring them that the party’s leadership was addressing the legal and political implications of the judgment.
The Council also disclosed that its legal team was taking steps to seek appropriate interim relief, including a stay of execution where legally applicable, before proceeding with an appeal.
It called on Nigerians not to be distracted by the development, but to remain committed to defending multiparty democracy, political pluralism and the constitutional right of citizens to freely elect their leaders.
The statement concluded that the ADC would remain focused on its political activities, declaring that its campaign for the 2027 general elections would continue despite the legal challenge.
A coalition of civil society organisations (CSOs) and non-governmental organisations (NGOs) has announced plans to stage a one-million-man protest against the administration of Ebonyi State Governor, Francis Ogbonna Nwifuru, on November 9, 2026.
The coalition said the protest would hold simultaneously in Abakaliki, Abuja and Lagos, with 56 NGOs and 39 CSOs expected to participate.
Leader of the coalition, Dr Ibiam Oko Ibiam, disclosed this in a press release made available to journalists, explaining that the demonstration was aimed at drawing national and international attention to alleged human rights abuses, politically motivated killings, electoral violence and mismanagement of public funds in the state.
Ibiam called on Ebonyi residents, irrespective of their political affiliations, to join the protest, describing it as a collective effort to demand accountability and protect the interests of the people.
He questioned Governor Nwifuru’s commitment to the constitutional responsibilities of his office, particularly the protection of lives and property and the promotion of citizens’ welfare.
The activist expressed concern over the reported killing of one Ubochi Onwe at Mgbo in Ohaukwu Local Government Area, alleging that the victim’s mouth was mutilated after he reportedly offered prayers for an opposition political candidate.
He also cited other reported assassination incidents in Ezza South Local Government Area, describing the alleged violence as disturbing and calling for urgent intervention by security agencies.
On public expenditure, Ibiam accused the state government of misplaced priorities, questioning alleged spending on luxury vehicles for female political office holders, expensive champagne and cash distributions to political associates and official guests.
He argued that government spending on entertainment, hospitality and political largesse should not take precedence over critical sectors such as education, healthcare and other essential public services.
Citing figures covering January to September 2026, the coalition leader questioned alleged expenditure of ₦22.2 billion on entertainment, approximately ₦17 billion on cash donations to official guests and ₦30 billion on loan servicing.
He contrasted the figures with the reported allocation of about ₦9.3 billion to education and primary healthcare, demanding explanations from the state government over its spending priorities.
Ibiam also raised concerns over Ebonyi State’s borrowing profile, warning that rising debt obligations could put pressure on projected government revenue and undermine the state’s financial stability.
The coalition urged human rights advocates, labour unions, youth organisations and other stakeholders to mobilise for the demonstration.
According to the statement, the protest will take place in Abakaliki, at Louis Edet House in Abuja and around the American Embassy area in Lagos.
The coalition said its demands included accountability in governance, protection of human rights, an end to political violence and prudent management of public resources.
It also called on security agencies to provide adequate protection for participants and ensure that the planned demonstration remained peaceful and orderly.
The allegations and expenditure figures cited by the coalition had not been independently verified as of the time of filing this report. The state government’s response was also not contained in the statement.
A Federal High Court sitting in Enugu has nullified the Nigeria Democratic Congress (NDC) primary election for Enugu West Senatorial District, ruling that no valid primary was conducted and directing the Independent National Electoral Commission (INEC) to disregard Hon. Uche Eneh as the party’s candidate.
The judgment was delivered on Wednesday by Justice Segun-Bello in suit No. FHC/EN/C’S/153/2026, following a legal challenge instituted by Barr. Ugochi Ohajekwe, who is aligned with the Dr. Johnpaul Anih-led Enugu State Working Committee of the party.
The court held that the NDC National Working Committee (NWC), which is legally empowered to conduct the party’s primary under the Electoral Act, did not organise any primary election for the senatorial district on May 29, 2026.
Justice Segun-Bello consequently ruled that the primary purportedly conducted by the state working committee was invalid, stressing that the committee lacked the legal authority to organise the exercise.
The judge further declared that no valid primary election was conducted by the NDC for Enugu West Senatorial District.
The suit was filed by Ohajekwe through her counsel, Kelvin Eya, Esq., who argued that the party’s national leadership failed to conduct a valid primary election in Enugu State.
She maintained that the only exercise held was organised by the state chapter under the leadership of Dr. Johnpaul Anih and challenged the process through which Eneh emerged as the party’s senatorial candidate.
The court also nullified INEC’s publication of Eneh’s name and ordered the commission to disregard him as the NDC candidate for the district.
The judgment came days after another Federal High Court sitting in Abuja removed Hon. John Nwokeabia as the NDC candidate for Awgu/Aninri/Oji River Federal Constituency and declared Hon. Chijioke Okereke the duly elected candidate.
Reacting to the Enugu judgment, the NDC State Secretary, Dr. Sebastine Chukwuebuka Okafor, described the ruling as a victory for democracy.
Okafor accused the party’s National Working Committee of working against the presidential ambition of Mr. Peter Obi, alleging that its failure to conduct primaries in the state or initiate meaningful reconciliation had exposed its undemocratic approach.
He said the judgment had vindicated the position of the state leadership, adding that although the ruling might appear to be a setback for the party, it would strengthen internal democracy and discourage the violation of members’ rights.
According to him, the judiciary has once again demonstrated that no individual or group is above the law, stressing that political parties must respect fairness, transparency, equity and the rights of their members.
He described the judgment as a warning to party leaders against imposing candidates without following due process.
Okafor also warned that continued disregard for the Electoral Act and the legitimate aspirations of party members could undermine public confidence in the democratic process.
The latest ruling adds to the legal disputes surrounding the NDC’s candidate-selection process in Enugu State, with the party’s national and state leaderships facing continuing disagreements over the conduct of its primaries.
Politics
‘The Lord Fights for the Righteous’ – Agbese Speaks on Quiet Project Delivery, Political Attacks and More
Honourable Ibrahim Sani Bsc
Hon. Philip Agbese, the member representing Ado/Okpokwu/Ogbadibo Federal Constituency and Labour Party leader in Benue State, has reaffirmed his commitment to delivering tangible results as the general elections approach.
While seeking re-election, the lawmaker insisted that his focus remains on the work rather than political distractions or personal glory.
Agbese said a responsible lawmaker must keep working without being drawn into the negative campaigns and underhand tactics of rivals.
The Deputy Spokesman of the House of Representatives says he draws quiet strength from his faith and prefers to leave every battle in God’s hands.
“The best advert for the kind of massive projects we have executed come from the people, not self-glorification,” Agbese stated.
“I deliberately refused to blow my own trumpet all these three years. I am grateful that critical segments of the society have taken notice of our monumental development projects.”
He added, “A good lawmaker works day and night and is not bothered by political opponents. I believe in the scripture that says we should leave vengeance to God. As it is written, ‘Vengeance is mine; I will repay, saith the Lord.’ The Lord fights for the righteous.
“From the onset, we made education a clear priority and by the grace of God, we are delivering. We have so far built seven schools across the constituency, all constructed to international standard and fitted with tiles for the children.
“The record is there. Among them is the first one-storey primary school in our federal constituency. Many of our projects have come under heavy attacks but thank God that in the end, light has prevailed.”
Beyond education, his interventions also include health and market facilities, ICT training and empowerment for the youths, a befitting royal home for a monarch, solar electrification, farm inputs and equipment, as well as recreation, sports and agricultural support.
Despite the volume of work, Agbese is known for shunning fanfare. He rarely commissions his own projects and is often already planning the next one once delivery is complete.
“I am not the kind of person who loves to show off, especially when there is still more work to be done. That is why I hardly commission my own projects,” Agbese explained.
“Each time a project is delivered, I am already looking forward to starting the next one and not taking glory. I dread fanfare and do not love the spotlight like many others. The work itself is what matters.”
Beyond constituency projects, Agbese has built a strong legislative record in the National Assembly.
He holds the distinction of moving the highest number of motions and bills by any lawmaker from Benue State, including the Bill for the establishment of the College of Agriculture, Agila, which has already been passed.
He has also been a consistent voice on national issues, notably championing equal national honours for the Senate President and the Speaker, and taking a frontline position during the state of emergency debates in Rivers State.
“The work continues with the same energy,” Agbese noted. “Whether it is constituency projects, motions, bills or standing up on issues of national importance, the responsibility is the same — to serve effectively and without distraction. We remain committed to the people of Ado, Okpokwu and Ogbadibo.”
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