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N5,000 Notes: Stop Sanusi Now – NASS Tells Jonathan

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The Senate yesterday passed a resolution calling on President Goodluck Jonathan and Central Bank of Nigeria (CBN) Governor Sanusi Lamido Sanusi to stop the proposal to issue N5,000 note and all matters connected with it.

The Senate passed the resolution following a motion moved by Sen. Victor Enang ((PDP-Akwa Ibom) on the introduction of N5,000 note by Central Bank of Nigeria (CBN).

The senators said the proposed policy was illegal and unconstitutional and not done in consultation with the National Assembly.

Senate President David Mark said he read about the proposal in newspapers.

He said, ‘’ the only briefing I got on the issue was from the pages of papers.

“But I think the important thing is if Nigerians say they do not want a particular policy at a given moment, there is no harm in government retracing her step on the issue.

“I have listened to the arguments from those who support it but those arguments are simply not convincing.

“They appear highly theoretical, technical in nature and do not address any practical issue on ground.’’

Mark said any economic policy that failed to address issues directly but just talked about indices that could not be verified for now should wait.

He said the disadvantages of the introduction of N5,000 note at the moment far outweighed the advantages.

Leading the debate, Enang, who sponsored the motion with other senators present at plenary, argued that the proposal would cause multiple economic problems.

In his contribution, the Deputy Senate President, Sen. Ike Ekweremadu, said it was important for the government to listen to the voice of the people through their senators.

He said since the people were vehemently opposed to the introduction of the note, it was in the interest of the government to listen and withdraw from the path it was going.

Also, the Senate Leader, Sen. Victor Ndoma Egba(PDP Cross River), said even if the government’s policy was good, as long the people had rejected it, the government should listen to their voice.

“Former heads of state of this nation have spoken, Chief Olusegun Obasanjo has spoken against this policy and recently, the very respected Yakubu Gowon was opposed to it.

“They may not be economists as has been alluded to but with their knowledge or lack of knowledge to manage the economy of this country for very many years, we must listen to them,’’ Ndoma-Egba said.

Briefing newsmen after plenary session, the Senate Spokesman, Sen. Eyinnaya Abaribe (PDP-Abia), stated that the senators rejected the proposal because it contravened Section 4 (2) of the 1999 Constitution.

On resumption yesterday from a two-month recess, the house mandated its Committee on Banking and Currency to investigate the planned restructuring by the apex bank, and report within four weeks.

The house also directed the same committee to propose an amendment to the CBN Act for it to always seek the input of the House before coming up with new policies.

The resolution followed a motion moved by Chairman, House Committee on Rules and Business, Rep. Albert Sam- Tsokwa (PDP-Taraba)

It was unanimously adopted.

Leading the debate, Sam-Tsokwa had noted that the policy was inconsistent with international best practices as leading economies like the U.S., Britain and China do not have such high currency notes.

He said that the U.S. had introduced the $500, $1,000, $5,000, and $10,000 but had to phase them out due to the adverse effects they had on the economy.

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I’m Committed To Community Dev – Ajinwo

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The Sole Administrator of Emohua Local Government Area, Barr. Franklin Ajinwo, has reaffirmed his unwavering commitment to supporting community development, peace, and progress, describing it as his life’s calling.
Ajinwo made this known on when Okporowo Vanguard—a foremost association dedicated to driving sustainable development in Okporowo community—paid him a courtesy visit at the Council Secretariat, Emohua.

Speaking during the visit, the Emolga  Council boss advised the group to shun internal wranglings and leadership tussles, cautioning that such impediments could undermine their collective goals. He emphasized that unity is strength, and true power comes only from God.

Highlighting his ongoing efforts in repositioning standards within Emohua Local Government, Barr. Ajinwo commended Okporowo Vanguard for initiating plans to conduct large-scale skills acquisition training for young people in Okporowo. He assured them of his steadfast support towards such developmental initiative.

The former Chairman of the National Union of Local Government Employees (NULGE) in Rivers State stressed the need for selfless service, saying it is essential for achieving peace, unity, and development in any community.

He applauded the group’s vision of empowering youths through skills acquisition, aligning it with global best practices aimed at reducing dependency on white-collar jobs.

Earlier, the President of Okporowo Vanguard, Hon. Israel Emeji, outlined Barr. Ajinwo’s numerous and impactful contributions to the development of Okporowo community.

According to him, every family in the community has benefited from Barr. Ajinwo’s dedicated employment initiatives.

Hon. Emeji disclosed that during his tenure as Head of Local Government Administration (HLGA) and as NULGE Chairman, Barr. Ajinwo facilitated the employment of over five hundred (500) individuals from Okporowo community—a record that informed the association’s decision to honour him with the Excellent Leadership Award.

In a vote of thanks, the Secretary of the group, Dr. Okechukwu Godwin Amadi, praised Barr. Ajinwo’s outstanding leadership and unwavering support, both before and after his appointment as Sole Administrator.

He thanked him for the warm reception and appreciated members of Okporowo Vanguard for their strong turnout and continuous support for the present administration.

In their separate remarks, Barr. Kelvin Ajinwo, Chief Polycarp Ndala, and other dignitaries present prayed for God’s continued guidance and protection over Barr. Ajinwo, describing him as a divine gift to the Okporowo community.

They expressed hope that he would be granted even more leadership opportunities to further uplift the living standards of the people.

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RSG Tasks Rural Dwellers On RAAMP  …As Sensitization Team Visits Akulga, Degema, Three Others

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Rivers State Head of Service, Dr (Mrs) Inyingi Brown, has called on rural communities in the State to embrace the Rural Access and Agricultural marketing project (RAAMP) with a view to improving their  living conditions.

This follows the ongoing sensitization campaign by the State Project Implementation Unit (SPIU) visits to Degema, Abonnema, Afam headquarters of Degema, Akuku Toru and Oyigbo Etche and Omuma local government areas respectively.

Dr Brown who was represented by the Deputy Director, Special Duties in her office, Mrs Dein Akpanah, said RAAMP was initiated by the Federal Government and World Bank to economically empower rural dwellers.s

She said the World Bank understands the plights of rural farmers and traders in the State, and therefore came up with the programme to address them.

According to her, RAAMP will improve the conditions of farmers, traders and fishermen, and therefore, behoves on every rural communities in the State to embrace the programme.

The Head of Service also said the programme would support the youths to be gainfully employed while  bridges and roads will be built to link farms and fishing settlements.

Also speaking, the State project coordinator, Mr Joshua Kpakol, said the programme has the potential of creating millionaires among farmers and fishermen in the State.

Kpakol who was represented by Engr. Sam Tombari, said RAAMP would help farmers and fishermen to preserve their produce.

According to him, the project will build cold rooms and Silos for preservation of crops and fishes while access roads will also be created to link farmers and fishermen to the market.

He, however, warned them against any act that will lead to the suspension of the projects by the World Bank.

Kpakol particularly warned against acts such as kidnapping, marching ground, gender based violence and child labour, adding that such acts if they occur may  lead to the cancellation of the project by the World Bank.

During the visit to Oyigbo local government area, Mr Joshua Kpakol, said the team was there to let them know how they will benefit from the Raamp.

The coordinator who was personally at Oyigbo said the World Bank introduced the project to check food insecurity in the State.

He said already 19 states in Nigeria are already benefitting from the project and called on them to embrace the project.

Meanwhile, stakeholders in the three local government areas have commended the World Bank for including their areas in the project.

They, however, complained over the incessant attacks by pirates on their waterways.

At Degema, King Agolia of Ke kingdom said land was a major problem in the kingdom.

King Agolia represented by High Chief Alpheus Damiebi said many indigenes of the kingdom are willing to go into farming but are handicapped by lack of land.

Also at Degema, the representative of the Omu Onyam Ekeim of Usokun Degema kingdom, Osoabo Isaac, said Degema has embraced the programme but needed more information on the implementation of the programme.

Similarly, while High Chief Precious Abadi advised that the project should not be narrowed to only crop farming, a community women leader, Mrs Orikinge Eremabo Otto, called for the construction of cold rooms in all fishing settlements in the area.

At Abonnema, Mr Diamond Kio linked the problem of the area to incessant piracy along waterways.

He also expressed fears over the possibility of the project being hijacked by politicians.

Also at Abonnema, a stakeholder, Ikiriko Kelvin, called on the World Bank to design an agricultural project that will suit the riverine environment, while at Oyigbo, HRH Eze Boniface Akawo expressed satisfaction with the project.

 

John Bibor

 

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Senate Replaces Natasha As Committee Chairman 

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The political mudslinging between the Senate leadership and Senator Natasha Akpoti-Uduaghan continued yesterday as the Senate named Senator Aniekan Bassey as the new Chairman of the Committee on Diaspora and Non-Governmental Organisations.

Senate President, Godswill Akpabio, announced the appointment during yesterday’s plenary, confirming Bassey’s replacement of Senator Natasha Akpoti-Uduaghan, who is currently on suspension.

Akpoti-Uduaghan was reassigned to the Diaspora and NGOs Committee in February after she was removed as Chair of the Senate Committee on Local Content during a minor reshuffle.

Bassey is the senator representing Akwa Ibom North-East Senatorial District.

Although no reason was given for her removal yesterday, the change is believed to be connected to her unresolved suspension.

In May, Justice Binta Nyako of the Federal High Court ordered her reinstatement and directed her to tender an apology to the Senate.

However, the Senate has insisted it has not received a certified true copy of the court judgment.

Akpoti-Uduaghan who represents Kogi Central, has yet to resume her legislative duties despite a recent court ruling that voided her suspension.

In a televised interview on Tuesday, Akpoti-Uduaghan said she was awaiting the Certified True Copy of the judgment before officially returning to plenary, citing legal advice and respect for institutional process.

Although the Federal High Court described her suspension as “excessive and unconstitutional”, a legal opinion dated July 5 and attributed to the Senate’s counsel, Paul Daudu (SAN), argued that the ruling lacked any binding directive to enforce her reinstatement.

Akpoti-Uduaghan, one of only three female senators in the current assembly, said the continued delay in allowing her return was not only a denial of her mandate but also a blow to democratic representation.

“By keeping me out of the chambers, the Senate is not just silencing Kogi Central, it’s denying Nigerian women and children representation. We are only three female senators now, down from eight,” she said.

 

 

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