Niger Delta
POS, Bankers, Others Risk Jail In Bayelsa
The Central Bank of Nigeria (CBN), Yenagoa Branch, said it would commence taking up bullish actions against operators of point of sales outlets(POS), banks and other service providers who refuse to render services in consonance with its financial rules and regulations governing the cashless economic policies.
The Tide gathered this during a media briefing held at the instance of the Director, Governor’s Department of the CBN, Mr Joseph Omayokun, at the Yenagoa branch office of the bank.
Omayokun alleged that some fifth columnists may have hijacked the apex bank’s motive of the redesigned new Naira notes.
He expressed regret that the fifth columnists have subjected Nigerians to untold hardship, even as the apex bank has continued to work within the confines of the extant laws and regulations establishing it, to ameliorate the cash crunch issue bedeviling the nation.
He warned against criminal elements and perpetrators of fraudulent acts in the course of carrying out financial transactions following the rampant artificial scarcity of the new and old notes.
He noted that prior to the introduction of the new notes, and stating of time lines within which the old notes would stop being legal tenders, the apex bank had injected substantial amount of the newly redesigned notes into circulation.
The CBN Director emphasised that what the bank has brought into circulation was enough to take care of economic activities in the nation
He said he would convene a meeting with the various banks operating in the state with a view to proffer workable solutions to some of the likely difficulties occasioned by the cash crunch in the banking sector.
“Prior to the CBN’s intitial timelines on when the old Naira notes would cease being legal tender, the apex bank injected substantial amount of the newly redesigned notes into the financial sector.
“Unfortunately, there seem to be a fifth columnist in the banking sector who never wanted the rationale behind the CBN Naira redesign and cashless policies to be achieved.
“Any bank or staff of a bank in the state caught engaging in hoarding cash would be arrested and prosecuted. For the POS operators, the maximum amount they’re expected to charge on customers for a transaction of N10,000 was not supposed to be more than N200,” he said.
“From information at our disposal, POS agents now charge between N1,000 and N2,000 for a transaction of N10,000. This is disheartening.
“Even the petrol stations and other business operators who used to accept electronic transfer as options for payment by customers too are now rejecting it upon the introduction of the newly redesigned notes. They’ve all resorted to cash payments, just to undermine and frustrate the CBN’s cashless policy.
“It’s fraudulent, the public should report any POS operator who charges more than the maximum amount expected as charges on customers of any business outfit who rejects any of the extant electronic option of payment from customers, and be rest assured that the CBN wouldn’t only arrest, but also prosecute such persons.
“The general public should also know that not all POS operators were licensed to operate as cash withdrawal and deposit agents.
“Some POS outlets were only registered to use POS as means for electronic payment in their supermarkets and other businesses, but upon the introduction of the redesign notes, almost all POS agents from information available were now operating as deposit and withdrawal points just to defraud customers with the illegal charges they get from their illegal transactions.
“Going forward, we’d be bullish on these set of fraudulent elements”, the apex bank added.
By; Ariwera Ibibo-Howells, Yenagoa
Niger Delta
PIND, Partners Holds a _3days Workshop On Data-Driven Resilience Planning For Crime Prevention In Port Harcourt
The Foundation for Partnership Initiatives in the Niger Delta (PIND), in collaboration with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the Office for Strategic Preparedness and Resilience (OSPRE), and The Fund for Peace (FFP), has concluded a landmark three-day Niger Delta Scenario Planning Workshop on Resilience in Port Harcourt, Rivers State.

L–R: Mr. Abiodun Akanbi, Peacebuilding Coordinator, PIND; Ms. Svenja Ossmann, GIZ ECOWAS Cluster Coordinator; Mr Edekobi Anthony Chukwemeka, Early Warning Analyst, OSPRE; Ms. Amy Gukas, Junior Technical Advisor, GIZ; Mr. Nate Haken, Senior Advisor, Research and Innovation, FFP; and Mr. Afeno Super Odomovo, Senior Peacebuilding Coordinator, PIND at the Niger Delta Scenario Planning Workshop on Resilience in Port Harcourt, Rivers State.
The program Supported by the ECOWAS Peace, Security and Governance (EPSG) Project, co-financed by the European Union (EU) and the German Federal Ministry for Economic Cooperation and Development (BMZ).
The workshop brought together over 100 participants from government, civil society, the private sector, academia, traditional authorities, and the media to co-create data-driven strategies for crisis preparedness and regional resilience.
The theme of the three days event “From Risk to Resilience: Building a Future-Ready Niger Delta,” marked a major step in shifting regional approaches from reactive crisis response to proactive resilience planning.
Participants explored how the region can anticipate, adapt to, and recover from climate shocks, insecurity, and governance challenges through collaborative and foresight-based approaches,Using advanced analytical tools such as the Fragile States Index (FSI), State Resilience Index (SRI), and Crisis Sensitivity Simulator (CSS), enhanced by AI-powered risk modeling developed by the Fund for Peace and SAS, participants analyzed systemic risks, developed plausible crisis scenarios, and designed practical response strategies tailored to the Niger Delta’s realities.
Speaking at the occasion,
Executive Director of PIND Foundation. Mr Sam Ogbemi Daibo represented by Mr David Udofia said the workshop demonstrates how data, foresight, and partnerships can transform uncertainty into opportunity, and ensure that resilience becomes a shared responsibility across communities, institutions, and sectors, adding that
the Niger Delta’s future depends on our ability to anticipate challenges rather than merely react to the opportunity.
The initiative convened representatives from NEMA, SEMA, NiMet, HYPREP, the Nigeria Police Force, the Nigeria Security and Civil Defence Corps (NSCDC), ministries of environment and agriculture, and civil society networks such as the Partners for Peace (P4P). Delegates from the Regional Peace Council of Ghana’s Northern and Oti regions also participated, fostering cross-border exchange and strengthening regional crisis preparedness across West Africa.
Also speaking,
Senior Advisor for Research & Innovation at FFP, Nate Haken stressed that
this initiative exemplifies how collaboration across government, civil society, and academia can strengthen peace and security,” said Nate Haken, Senior Advisor for Research & Innovation at FFP. “By linking data to decision-making, we are laying the foundation for a resilient Niger Delta and a safer West Africa.”
“Over three days ,participants engaged in contextual analysis, scenario building, and AI-assisted “red teaming” to test response assumptions and develop integrated resilience plans. Key outputs include a Niger Delta Resilience Strategy outlining coordinated crisis preparedness actions, a comprehensive scenario planning report documenting lessons learned, and a replicable methodology adaptable for other regions in Nigeria and across West Africa.”
According to him,These outcomes will be embedded within existing coordination structures, including the Partners for Peace (P4P) network and state-level emergency management systems, ensuring that insights translate into practical action.
According to a representative of OSPRE,
Mr Edkobi Anthony Chukwuemeka
“This process strengthens our capacity to connect early warning with early action, ensuring that preparedness becomes part of how we govern and grow.” The scenario planning workshop stands as a regional model for anticipatory governance, integrating foresight, technology, and cross-sector collaboration into Nigeria’s broader resilience and peacebuilding framework.
As Nigeria and West Africa confront rising climate and security risks, the Niger Delta Scenario Planning Workshop sets a new benchmark for how data-driven foresight, innovation, and inclusive collaboration can transform risk into resilience.
Niger Delta
CRIRS Targets Professional Bodies In 2026 Tax Reforms
Niger Delta
Bayelsa Gives Ultimatum To Ogbia Kingdom Over Leadership Tussle
-
News4 days agoFUBARA PLEDGES STRONG PARTNERSHIP WITH NDE TO TACKLE UNEMPLOYMENT …..Says Oyorokoto Beach Fronts’ Expansion’ll Create More Jobs, Business Opportunities For Rivers People
-
Niger Delta4 days agoBayelsa Partners Chinese Firm On Road, Agric, Other Projects
-
Sports4 days ago
ATLANTICBELL CEO ADVICE SPORTS WRITERS ON SPECIALIZATION
-
Maritime4 days agoDANTSOHO Calls For Synergy In Revamping Nation’s Ports
-
News4 days agoFUBARA HAILS PROGRESS OF WORK ON TRANS-KALABARI ROAD
-
Oil & Energy4 days agoSupermajors Bet Big on Long-Term Oil Demand
-
News4 days agoRivers Gov EULOGISES LATE FOOTBALL COACH, PA MONDAY SINCLAIR
-
Niger Delta4 days agoNOA Urges A’Ibom Residents On CVR Participation
