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Category: Akwa Ibom

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February 8, 2023 Supreme Court Halts February 10 Deadline for Redesigned Naira Note Swap
IFMUYONEWS

Supreme Court Halts February 10 Deadline for Redesigned Naira Note Swap

The Supreme Court of Nigeria, today Wednesday 8, January 2023, has restrained the Federal Government from continuing with the full implementation of the demonetization policy.

Kaduna, Kogi and Zamfara States, had, in a motion ex-parte filed on February 3, prayed the Supreme court to halt the Central Bank of Nigeria’s naira redesign policy.

A 7-man panel of the Supreme Court led by Justice John Okoro, in a unanimous ruling, granted an interim injunction restraining the FG, CBN, commercial banks etc, from implementing the February 10 deadline for the old 200, 500 and 1000 Naira notes to stop being a legal tender.

The court further held that the FG, CBN, and commercial banks must not continue with the deadline pending the determination of a notice on notice in respect of the issue on February 15.
By the ruling, the old Naira notes continue to be legal tenders in Nigeria.

February 4, 2023 COMMUNITY REPORT; Ibesikpo Asutan Residents Cry Out Over Deplorable State of Roads
IFMUYONEWS

COMMUNITY REPORT; Ibesikpo Asutan Residents Cry Out Over Deplorable State of Roads

Good road infrastructure will always be a major indicator of any developed society.

This means that where there are no good roads, businesses are hampered, transportation costs are hiked and general cost of living takes a leap.

In this report, Inspirations FMs correspondent UHUOTU OMILABU details the plight of two communities in Ibesikpo Asutan Local government where the lack of good road infrastructure is a major bane to it’s sustainability.

February 4, 2023 Any Attempt to Hijack BVAS Will be Futile – INEC
IFMUYONEWS

Any Attempt to Hijack BVAS Will be Futile – INEC

It is days to the Presidential and National assembly elections in the country and one electoral tool that raises questions and doubts amongst Nigerians is the effectiveness of the Bimodal Voter Registration System, BVAS.

These questions have become pertinent following the recent Osun State Governorship Election Petitions Tribunal judgment which nullified the election of Governor ADEMOLA ADELEKE on the grounds of over-voting, especially as BVAS was deployed in the July 16, 2022 poll.

The technology, which is backed up by the 2022 Electoral Act, is expected to eliminate vote manipulation by politicians; however, some Nigerians are skeptical of its efficiency.

Speaking to this, INEC Head of Publicity and Voter Education in Akwa Ibom state, ODARO AISIEN clarified that the new technology cannot be manipulated.

Our correspondent UHUOTU OMILABU spoke exclusively to ODARO AISIEN who stressed that plans by politicians to hijack the BVAS to other locations away from the polling units in order to influence election results, will only end in futility.

The Presidential and National assembly elections in the country is slated for February 25.

January 28, 2023 New Naira: CBN Directs Banks to Work Weekends
IFMUYONEWS

New Naira: CBN Directs Banks to Work Weekends

As the January 31, 2023 deadline gets closer, Commercial banks across the country have been directed to operate over the weeked in order to receive the old N200, N500 and N1000 Naira notes.

Banks are to open on Saturday January 28th from 9am to close at 3:00pm, and on Sunday, January 29th, they open from 11:00am.

The Central bank made this move to ensure that the deadline of Tuesday, January 31 stands for the phasing out of the old Naira notes.

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