News
Senate in rowdy session over Debates on CBN Naira Redesign Policy
By Abdulateef Bamgbose
Rowdy session ensued on the floor of the Senate Wednesday during debate on Naira Redesign Policy of the Central Bank of Nigeria ( CBN).
Debate on the policy by Senators was sequel to a motion sponsored to that effect by Senator Uba Sani ( APC Kaduna Central).
Senator Sani who chairs the Senate Committee on Banking, Insurance and other Financial Institutions, had in the prayers to his motion , urged the Senate to provide legislative support for the policy.
He also wants the red chamber to mandate his Committee to embark on aggressive oversight on the policy slated to take full effect on January 31, 2023.
Trouble started on the debate when senators Ali Ndume, Abiodun Olujimi, Betty Apiafi, Barau Jibrin, Chukwuka Utazi, and Orji Uzor Kalu, supported the CBN policy but suggested the extension of the deadline for compliance.
Kalu specifically wanted the Senate to invite the Governor of the CBN, Godwin Emefiele, to throw more light on the policy while he should be persuaded to extend the deadline to April 30, 2023.
But Senator Gabriel Suswan disagreed with Kalu and others claiming that CBN Governor has always shunned the Senate invitations.
He urged his colleagues to ignore the CBN policy and let the country damn the consequences.
Senator Bassey Akpan stressed the need to support the CBN Governor. He said there should be no discussion on the matter.
Suswan and Akpan’s submissions did not go down well with those seeking the extension of the deadline and the chamber turned rowdy.
It took the persistent appeals by the presiding officer, Omo-Agege to resolve normalcy after about 15 minutes of hot arguments among the senators.
Deputy President of the Senate, Senator Ovie Omo-Agege said it was the prerogatives of the CBN to redesign the naira and put deadline for compliance.
The Senate, after the rowdy session, offered to provide legislative support for the policy.
It also mandated the Senate Committee on Banking and Financial Institutions to go on oversight.
Senator Ali Ndume had earlier said there are are only five banks in the entire 27 local government areas in Borno State since the insurgency started in the state.
Senator Abiodun Olujimi, also said one and half month was too short to withdraw all the money in circulation to avoid shutting down the economy.
She said the Senate should invite the CBN Governor for further explanation on the issue.
Senator Betty Apiafi said rural banking had been shut down hence the January deadline should be extended.
She said counterfeing wasn’t enough to change the naira.
She said the implications of the redesign should be criticality examined in view of the fact that bandits have said they would be collecting ransom I’m foreign currencies.
Senator Barau Jibrin, said naira redesign cannot not halt terrorism but could only reduce it.
Senator Chukwuka Utazi said, because of the rural nature of the country, the leadership of the Senate should interface with the CBN Governor to explain the implications on the peculiarity of the country. CBN shouod visit all the rural communities to get first hand information.
Senator Orji Uzor Kalu, suggested the extension of the deadline from January 31 to April 31 and that the Committee on Banking and Finance should meet with the CBN Governor on the matter.
News
Sunday Dare Group Leads Ogbomoso Mobilisation Drive as Tinubu’s 2027 Re-election Campaign Gathers Momentum
By Joel Ajayi
Ogbomoso, a major political centre in Oyo State, witnessed a fresh wave of political mobilisation as the Sunday Dare Group (SDG) took its campaign message to the grassroots, rallying residents and All Progressives Congress (APC) supporters behind President Bola Ahmed Tinubu’s second-term ambition ahead of the 2027 general elections.
The rally, held on Thursday at the Ọba Ghandi Civic Centre, Ogbomoso, brought together party leaders, political stakeholders, candidates, members and supporters from Ogbomoso North, Ogbomoso South, Oriire, Surulere and Ogo-Oluwa local government areas.
Organised by the Sunday Dare Group, the gathering was part of its grassroots mobilisation efforts in support of the Tinubu L’ẹ̀kan Si campaign, while also promoting the 2027 political aspirations of Alli and Soji.
At the centre of the mobilisation was the Special Adviser to the President on Media and Public Communications, Chief Sunday Dare, who used the occasion to engage the people on the policies, programmes and achievements of the Tinubu administration.
Dare, the convener of the grassroots campaign mobilisation initiative, highlighted the Renewed Hope Agenda, drawing attention to government interventions in education, healthcare, economic empowerment, social investment, agriculture, security and infrastructure development.
He also referenced ongoing efforts in road construction and housing, stressing the importance of communicating the administration’s programmes and their impact on communities across Ogbomoso, Oyo State and the country.
The presidential aide urged residents and APC supporters to sustain their engagement with the administration and support Tinubu’s re-election bid for a second term spanning 2027 to 2031.
Beyond the political messages and campaign speeches, the rally featured humanitarian and empowerment interventions, giving the gathering a community-focused dimension.
One of the major highlights was the distribution of palliatives to 1,000 Ogbomoso indigenes, alongside empowerment initiatives designed to support beneficiaries and party faithful.
The intervention provided an opportunity for the organisers to combine political engagement with direct assistance to residents, particularly at a time when economic concerns and the need for grassroots support remain important issues for many households.
For the organisers, the gathering was also an avenue to strengthen political connections, deepen community participation and bring the message of the Renewed Hope Agenda closer to the people.
The presence of APC leaders, stalwarts, candidates and supporters from the five participating local government areas reflected the broad political reach of the mobilisation exercise.
From Ogbomoso North and South to Oriire, Surulere and Ogo-Oluwa, party faithful gathered under one platform to demonstrate their involvement in the emerging political conversations ahead of 2027.
As political activities gradually gather momentum towards the next general elections, the Ogbomoso rally represents another effort by political stakeholders to engage voters at the grassroots, communicate their political agenda and build support ahead of the electoral contest.
With Dare leading the mobilisation, the SDG is seeking to make Ogbomoso an important platform for its campaign activities in support of Tinubu’s second-term ambition.
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