Nation
New Naira Notes: CBN Sensitises Kwara Traditional Rulers, Traders
The Central Bank of Nigeria (CBN) yesterday took its sensitisation campaign on the redesigned Naira notes to traditional rulers and markets in Ilorin.
The Tide’s source reports that the campaign started from the resident of the Balogun Fulani of Ilorin, Alhaji Abubakar Sidiq Atiku, before proceeding to the Palace of the Emir of Ilorin, Alhaji Ibrahim Sulu Gambari, in the Kwara capital.
The campaign train later moved to Oja-Oba, Baboko, Obbo road and Yoruba road markets to sensitise market women and traders on the need to take the old Naira notes to the bank before the expiration of the Jan. 31, 2023, deadline.
The Ilorin Branch Controller of CBN, Mr Najimu Lamidi, said it was a world practice to change currency every five to eight years and to tackle counterfeiting of the currency.
Lamidi said the CBN also detected that about 85 per cent of the currency were not in bank vaults, so there was need to know how much money we have in circulation.
He told the market women not to reject the new notes of N200, N500 and N1000 as legal tender.
He said security features have been included so that the fake notes can easily be identified.
“The essence of this exercise is for many people in Kwara to know about the new notes so that they can use and accept it.
“Those that have the old currency should take it to the bank to avoid rush, because the deadline won’t be extended.
“People in the rural areas are encouraged to go to their nearest local government to deposit the money,” the branch controller advised.
Lamidi, however, explained that only the ATMs dispense the new notes now because withdrawal over the counter is of the old notes.
“We also told the banks to calibrate their ATMs so that they can dispense lower denomination of N200 for it to also be in wide circulation,” said the CBN official.
Responding, the Emir of Ilorin charged the CBN not to be distracted by rumours on the social media.
Alhaji Sulu Gambari told the officials not to rest on their oars as fraudsters have wide knowledge on how they can produce counterfeits.
“Do not rest on your oars as they will device several means to produce fake,” he said.
“Make it a point of duty to always change the notes as at when due and not wait for a long time as it is with the money that has just been changed.
“It shouldn’t take too long again,” he counselled.
Nation
NIOB President Calls For Innovation, Entrepreneurship In Housing Delivery
The President of the Nigerian Institute of Building (NIOB), Bldr. Daniel Abimbola Kolade, FNIOB, has called on Nigerian builders to embrace innovation and entrepreneurship as key drivers for addressing the nation’s housing deficit.
Speaking at the inaugural council meeting of the Institute held at its National Secretariat in Abuja in his speech themed, “Innovation and Entrepreneurship: Key Driver to Housing Delivery,” the NIOB President said the Institute is poised to lead transformative change in the nation’s housing delivery system.
Bldr. Kolade described the meeting as a strategic platform for redefining NIOB’s policy direction for the next two years, stressing that the housing challenge presents both a national problem and a professional opportunity.
“We, as custodians of building production management, must reposition ourselves not only as technical experts but as innovators, entrepreneurs, and national solution providers,” he stated.
He emphasized that innovation must now be embedded in the professional DNA of builders, urging practitioners to embrace sustainable technologies, research-based construction methods, and digital project management tools.
According to him, the Institute will promote innovation through research collaborations, innovation labs, and pilot projects that showcase emerging construction techniques.
On entrepreneurship, Bldr. Kolade noted that competence alone was no longer sufficient, and that builders must evolve into enterprise creators capable of driving employment and economic growth through construction-based ventures.
He further outlined the Institute’s five key policy pillars for the next two years, to include innovation
and research; entrepreneurial
development; professional regulation and ethics; advocacy
and policy influence;
capacity building and youth empowerment.
The NIOB President also paid tribute to past leaders of the Institute for laying the foundation upon which the current administration will build, saying leadership must go beyond preservation to purposeful expansion.
“If we can harness innovation, embrace entrepreneurship, and strengthen our professional unity, we will not only close the housing gap — we will redefine the standards of housing delivery in Africa,” he affirmed.
He called on builders nationwide to view themselves as not only craftsmen but nation builders, visionaries, and entrepreneurs committed to delivering sustainable housing and national development.
The NIOB President earlier led the National Council members to a site visit to the NIOB construction site at Idu, Abuja.
Nation
MOSIEND Hails Benibo Anabraba Appointment As Rivers SSG
The Movement for the Survival of the Izon Ethnic Nationality in the Niger Delta (MOSIEND), Eastern Zone, has applauded the appointment of Hon. Benibo Anabraba as Secretary to the Rivers State Government (SSG) by His Excellency, Governor Siminalayi Fubara,
The Socio Cultural Organisation described the appointment as a masterstroke of leadership and wisdom.
MOSIEND in a statement by the Acting Chairman, Comrade Emmanuel Gibson, and the Assistant Secretary, MOSIEND Eastern Zone, Dr. Tams Longjohn hailed the appointment as a reflection of Governor Fubara’s Eagle-eyed discernment, belief in merit, and unwavering commitment to building a peaceful and people-centered administration anchored on excellence and integrity.
“Hon. Anabraba is a statesman in every sense, an accomplished lawyer, a tested grassroots politician, and a man of Peace whose record of service stands tall,”
The statement noted that “from his days as a grassroots politician to his election as a legislator, his tenure as Minority Leader in the Rivers State House of Assembly, and his service as a Commissioner, Hon. Anabraba has remained a model of maturity, courage, and dedication to the Rivers project.”
MOSIEND expressed confidence that Hon. Anabraba will bring his trademark calmness, intellect, and wealth of experience to bear in his new role, assuring that the people of Rivers State will feel the positive impact of his leadership.
The group commended Governor Fubara for his strategic and inspiring commitment to peace, stating that the appointment once again demonstrates the administration’s preference for competence, loyalty, and results over political convenience.
“We are proud of this choice,” MOSIEND affirmed. “It signals continuity, stability, and a renewed focus on people-oriented governance.”
The organization congratulated Hon. Benibo Anabraba and prayed for divine guidance, good health, and strength as he takes on this vital assignment in service to Rivers State.
Chinedu Wosu
Nation
HYPREP Remains Steadfast In Adhering To International Standards—Zabbey …As Regulators, Asset Owners Hail Project
The Project Coordinator of Hydrocarbon Pollution Remediation Project(HYPREP), Prof Nenibarini Zabbey, has said that the Project remains steadfast in adhering to international standards, processes and protocols, contending that it would continue to engage all stakeholders transparently to achieve set goals and targets.
This is even as regulatory stakeholders, regulators and asset owners have expressed satisfaction with the work so far being carried out by the Project in Ogoniland, commending it for sustaining the momentum of the ongoing cleanup project.
Zabbey, who gave the indication during the third quarter meeting of HYPREP with regulators and asset owners in Port Harcourt on Tuesday, said as an interventionist and community-based project, HYPREP would continue to engage all stakeholders transparently, as it addresses challenges that may arise during project implementation.
To this end, he noted that the continuous support and constructive feedback of regulators and asset owners remains vital in helping the project coordination office overcome challenges and sustain the momentum of progress.
Zabbey said the quarterly meeting with regulators and asset owners serves dual purpose of providing a platform for the Project to share updates on the status of the cleanup project, highlighting areas where further support is required; and allowing “regulators and asset owners to provide constructive feedback that would help our collective approach.”
According to him, the meeting is ultimately designed to catalyse deeper collaboration and synergy between HYPREP and its regulatory stakeholders.
While appreciating and recognising the invaluable roles of the regulators and asset owners in the project’s Quality Assurance and Quality Control(QA/QC) framework, the Project Coordinator said their consistent oversight, technical input, and commitment to upholding standards have remained essential to the integrity of the Ogoni cleanup efforts.
He noted with a sense of satisfaction that Quality Assurance and Quality Control are being given increased attention at all levels of the cleanup project, and solicited for the continuous support of the regulators and asset owners.
“QA/QC considerations are a key part of HYPREP’s policy framework, from the Governing Council decisions to field-level work,” he said, emphasising that this focus ensures that HYPREP’s interventions and activities are executed professionally, safely, and in compliance with national regulatory standards and global best practices, guaranteeing value for money.
“As we continue to consolidate the gains made so far, I want to reassure you that HYPREP remains steadfast in adhering to international standards, processes and protocols”, he said.
Zabbey announced that considerable progress is being recorded across various thematic areas of the cleanup project, including remediation of hydrocarbon-impacted sites; mangrove restoration; provision of potable water; public health interventions; the Ogoni power project; and the construction of the Centre of Excellence for Environmental Restoration; among others.
He said these coordinated interventions are gradually restoring confidence in the cleanup effort and bringing renewed hope to Ogoniland.
The highpoint of the event was the presentation of the performance status of the cleanup project by HYPREP’s Evaluation and Monitoring Unit, which put the construction of the Centre of Excellence for Environmental Restoration at 92.5 percent completion, among other legacy projects.
In their response, the regulators and asset owners were unanimous that HYPREP has recorded remarkable improvement so far in the cleanup efforts, and solicited for more support of the project.
Environmental Resource Manager of the Centre for Environment, Human Rights and Development(CEHRD), Mr Meshack Uyi commended the Project Coordinator and his team for the remarkable improvement recorded so far in the area of environmental remediation and mangrove restoration, describing the Ogoni cleanup as one of the most robust in Africa.
He applauded HYPREP for its human capacity building initiative, saying, building the capacity of Ogoni people and training them to become mangrove vanguards are boosting their economic wellbeing.
Uyi said what is going on in Ogoniland is a learning process for the Niger Delta, saying, “those who think that nothing is happening in Ogoniland, they should come closer and see that a lot is indeed going on, and this can impact on Nigeria, the Niger Delta and Africa.”
He called on people all over the world to come on board to support HYPREP to achieve far greater milestones.
Also, the representative of the Rivers State Ministry of Water Resources and Rural Development, Mrs Doris Wilcox Balafoma commended the Project for doing very well, working and collaborating with its partners, saying, “We are always with them in the field.”
She scored HYPREP 90 percent for its cleanup efforts, insisting, however, that the abandonment of some ongoing water facilities in some Ogoni communities is due to cost variations.
For the Executive Director of the Society for Women And Youth Affairs(SWAYA), Dr Stella Amaine, HYPREP has recorded a great improvement in the area of women inclusion and livelihood restoration.
She, however, noted that she looks forward to the realisation of the 45 percent empowerment quota for women as promised by the Project Coordinator.
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