Politics

Senate In Rowdy Session Over Naira Redesign Policy

Published

3 years ago

November 17, 2022

The Senate witnessed arowdy session on Wednesday as senators deliberated a motion on the Naira Redesign Policy of the Central Bank of Nigeria (CBN), moved by the Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani.
Sani, in the prayers to his motion, urged the Senate to provide legislative support for the policy.
He also requested the Senate to mandate his committee to embark on aggressive oversight on the matter.
He urged the Senate to support the CBN redesign policy, including the January 31 deadline for compliance.
Matters, however, became controversial when Senators Ali Ndume, Abiodun Olujimi, Betty Apiafi, Barau Jibrin, Chukwuka Utazi, and Orji 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, praying that he should be persuaded to extend the deadline to April 30, 2023.
But Senator Gabriel Suswam disagreed with Kalu and others, claiming that the CBN governor had always shunned the Senate invitations.
He urged his colleagues to ignore the CBN policy and let the country damn the consequences.
In his submission, Senator Bassey Akpan, stressed the need to support the CBN governor. He said there should be no discussion on the matter.
Suswam and Akpan’s submissions did not go down well with those seeking the extension to the deadline, which led to a rowdy session at plenary.
It took the persistent appeals by the presiding officer, Senator Ovie Omo-Agege, to bring calm to the floor after 10 minutes of intense arguments among the senators.
Senator Ndume had earlier said there were only five banks in the entire 27 local government areas of Borno State since the insurgency started in the state.
Senator Olujimi also said one and a half months 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 Apiafi said rural banking had been shut down, hence the January deadline should be extended.
She said counterfeiting was not enough reason to change the naira notes.
She added that the implications of the redesign should be criticality examined in view of the fact that bandits had said they would be collecting ransom in foreign currencies if the naira notes were redesigned.
Senator Barau Jibrin said naira redesign could 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, adding that the CBN should visit all the rural communities to get first-hand information.
Senator Orji Kalu suggested the extension of the deadline from January 31 to April 30, adding that the Committee on Banking and Finance should meet with the CBN governor on the matter.
Deputy President of the Senate said it was the prerogative 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 to ensure that Nigerians were adequately protected from the CBN, banks and other agencies involved in the process.

Politics

Cleric Tasks APC On Internal Stability, Warns Otti

Published

1 week ago

November 24, 2025

The Tide

In a dramatic escalation of spiritual commentary on Nigeria’s shifting political climate, the General Overseer of Light of the World International Church, Prophet Joshua Arogun, has issued a stern prophetic alert concerning the internal workings of the All Progressives Congress (APC) as well as the political trajectory of Abia State.

Speaking during a weekend prayer gathering in Lagos, the prophet delivered what he described as “a message directly from the throne of heaven,” urging political actors across the country not to ignore the warning signs unfolding in the nation’s political sphere.

Echoing earlier prophecies from other religious voices, Prophet Arogun raised concerns about the APC’s internal stability under its current national leadership.

According to him, divine scrutiny has intensified over the party, and any attempt to manipulate its internal democratic systems would spell disaster at the polls.

“Heaven is watching the process, not just the outcome. Any undemocratic means of bringing candidates into the APC such as imposition, manipulation, or forced consensus will trigger an automatic loss at the polls. This is a spiritual law already activated”, the prophet declared.

He insisted that the party’s future electoral fortunes would depend not on money or alliances, but on fairness, transparency, and genuine respect for the will of party members.

Turning to Abia State, Prophet Arogun delivered what many congregants described as a precise and unusually direct message.

He warned that the state was heading into a period of intense political realignment, marked by a clash between entrenched and emerging power blocs.

According to him, even if the sitting governor, Dr. Alex Otti, joins the APC, he must be ready to submit himself to a full and competitive primary rather than expecting a free pass.

“If Governor Otti joins the APC, he should come with humility and readiness to participate in the full electoral process. There are long-standing leaders in Abia State with structures, deep grassroots loyalty, and the capacity to unseat him if he underestimates them. People like Nkiru Onyejeocha and Orji Uzor Kalu are deeply rooted with massive follower-ship and acceptance by the people”, Prophet Arogun warned.

He predicted that before the next election cycle, Abia’s political landscape would witness broken alliances, surprising mergers, and new contenders emerging from within established networks.

Prophet Arogun concluded with a broader appeal to Nigeria’s political leaders, emphasizing the need for justice, peace, and integrity in public governance.

“Nigeria is the assignment. Only righteousness will stabilize this nation. Only fairness will preserve the mandate. Let those who have ears hear”, he said softly.

Politics

DEFECTION: DON’T HIDE UNDER OLD SENTIMENTS TO FIGHT DIRI – AIDE

Published

1 week ago

November 24, 2025

The Tide

Technical Adviser to the Bayelsa State governor on Media and Public Affairs, Hon. Wisdom Ikuli, has taken a swipe on persons he alleged were hiding under the guise of old sentiments to fight the State Governor, Senator Douye Diri.

He said one thing politicians of various divides in the state have forgotten was that before the inception of the administration of the governor, leadership and governance in the state were made the exclusive rights and preserves of just a few political actors.

Hon. Ikuli alleged that participation in active politics, which seemed to have been the only ticket and guarantee for government patronage in the state, has changed since the inception of the Senator Diri’s administration.

“Before the ‘ASSURED Prosperity’ administration of his excellency, Senator Douye Diri, there were two broad categories of Bayelsans: politicians and beneficiaries of government patronage and spectators. But the coming into office of the prosperity governor changed all these and gave all Bayelsans equal opportunity and access to government.

“There’re incidents and situations where public officers even referred to state resources as their money. It was so because they were the then Chief Custodians of the commonwealth and patrimony of the state who were elected to hold and also manage the resources in trust.

“Few years ago, there was less emphasis on competence and performance. It was a case of ‘my turn versus wait for your turn’ to do whatever you like.

“Again, it was a known fact that Bayelsa State was regularly in the news for negative reasons. So, the lack or near absence of development and the negative impressions about the state resulted in her isolation, but the advent of the ‘ASSURED Prosperity Administration’ has changed the whole narrative.

“Under the ASSURED Prosperity administration, government and governance is all inclusive. All Bayelsans are partakers and critical stakeholders. As a matter of fact, you do not need to know anyone in government to get available benefits that are always thrown open to all, irrespective of political party affiliations”, he added.

The governor’s aide, who described him as ‘God sent’, noted that Senator Diri was specifically brought in by God for the mission to change the story of the State and her citizens.

“What is happening in Bayelsa State is exactly what happened in Akwa Ibom State, where at a point, Akwa Ibomites were ashamed to introduce themselves as Akwa Ibomites. Most of them claimed their old identity as people from Cross River State. And so it was that God brought Senator Godswill Akpabio to change the story of his state when he was governor.

“Today, Gov. Douye Diri has turned the whole of Bayelsa State to a construction site with roads and bridges criss-crossing everywhere. Government’s edifices, health centres, primary and secondary school buildings are not counted as major projects in the Diri’s administration, and I say so because they are almost countless, and are everywhere.

“Sadly and unfortunately too, some insignificant leaders without positive impacts on their people are trying to create impressions that Gov. Douye Diri left the PDP that gave him a platform to the APC. For this group of leaders and their followers that make up less than 5% of Bayelsans, their only credential is that they have remained in PDP for eternity.

“Bayelsans are not gullible. Vast majority of the people of the state know that political party is like a vehicle that conveys people from one destination to another. What is most important is the destination where available opportunities are harnessed and appropriated for the common good of the people”, Hon. Ikuli maintained.

The Governor’s Technical Adviser restated that it was no longer secret that citizens of the State were eye witnesses to the fact that investors are now relocating from many places to the State due to the conducive business and investment atmosphere that the governor has created, noting

that the State’s number one citizen has not only restored peace and unity to the state, but that he is also working with stakeholders and various security agencies to make Bayelsa the safest in the country.

“The community policing strategy of the state is so unique that many states are emulating it. Governor Diri has successfully set a leadership and development standard for successive administrations to build upon as the state is no longer among the ones that are disregarded due to the vision and leadership style of our God-sent governor.

“The earlier those who are conspiring to paint the governor in bad light wake up to the realities of the time, the better for them. Never again shall Bayelsa State be entrusted to unserious characters whose only credentials is the number of years they have played politics and also stayed in a particular political party.

“Our Governor, Senator Douye Diri, is the greatest thing that has happened to our contemporary democracy. He is a God-sent leader that is leading very well, while we are following him”, the governor’s adviser said.

By: Ariwera Ibibo-Howells, Yenagoa

Politics

Makarfi Resigns As PDP BoT Secretary

Published

2 weeks ago

November 18, 2025

The Tide

Former Governor of Kaduna State and Peoples Democratic Party (PDP) Board of Trustees (BoT) Secretary, Senator Muhammed Makarfi, has resigned his position as the BoT Secretary of the party.

Senator Makarfi’s resignation comes on the heels of the national convention that saw the emergence of the new Chairman of PDP, Dr Kabiru Tanimu Turaki (SAN).

In his letter of resignation, which was addressed to the PDP BoT Chairman, Senator Adolphus Wabara, and made available to journalists in Kaduna on Monday evening, the former governor said, “Chairman and Members of the Board of Trustees may recall that about two months ago I had resigned as Secretary of the Board and posted same on the Board’s WhatsApp platform.

“Mr Chairman, you may also recall that you personally urged me to stay on until after a convention that produced a Chairman.”

He added that the principal reason he initially tendered his resignation then “and now, was and is still my belief that the National Chairman of the Party and Secretary of the Board of Trustees should not come from the same geopolitical zone.

“Now that a chairman has emerged from the North West, where I come from, it’s necessary to give him full space to do the needful. Accordingly, I hereby formally resign as Secretary of the Board of Trustees of the Peoples Democratic Party with effect from today, November 17th, 2025.”

While commending the BoT Chairman for his support during his tenure as Secretary of the Board, he stressed, “I truly appreciate the very respectful relationship between us during my period as Secretary,” adding that, “I also appreciate all Board members for their support and the good relationship that prevailed during my period as Secretary.”

Meanwhile, Dr Turaki on Monday pledged to ensure that power returns to the Nigerian people, urging the judiciary to uphold the tenets of democracy.

Dr Turaki, while giving his acceptance speech after the swearing-in of new officers at the end of the Elective Convention of the PDP in Ibadan, assured that there will be “no more impunity, no more suppression of the will of Nigerians”.

The chairman appealed to the judiciary to uphold the principles of stare decision, abiding by the decisions of the Supreme Court, and not to “willingly or unwillingly put yourselves in a situation where, rightly or wrongly, it may be assumed, correctly or incorrectly, that you are part and parcel of the process to truncate Nigerian democracy.”

According to him, the new leadership of the party would be open to listening to the yearnings of members, with a view to aligning with their will, declaring that “No more monkey dey work, baboon dey chop,” adding that “if baboon wants to chop, baboon must be seated to work.”

He noted that the PDP has maintained its original name, motto and logo, unlike the other parties that started with it, making it a recognised brand anywhere in Nigeria.