TheNewsGuru

Tag: Old Notes

  • Old Notes: Normalcy returns to Lagos-Ibadan expressway after rioters block road

    Old Notes: Normalcy returns to Lagos-Ibadan expressway after rioters block road

    Normalcy has returned to the Lagos-Ibadan expressway after rioters blocked and set bonfire on the highway to prevent motorists from plying it.

    Many travelers were stuck for close to 6 hours at the Magboro-end of the Lagos-Ibadan expressway as a result of the blocking of the highway  by rioters protesting the unavailability of cash.

    Youths of the area also seized the opportunity to play football on the road while others were seen in little gatherings discussing the problems of unavailability of cash.

    However, the police in conjunction of an area boy in Ibafo knowa as Ese came to disperse the crowd there freeing the road for motorists to ply them.

     

     

  • Old Notes: Wike hails supreme court over judgement extending CBN’s deadline

    Old Notes: Wike hails supreme court over judgement extending CBN’s deadline

    The Governor of Rivers State,  Governor, Nyesom Wike has hailed the supreme court judgment that set aside the Central Bank of Nigeria, (CBN)’s February 10 deadline stopping the old notes from becoming legal tender in the country.

    Wike commended the Supreme Court for saving Nigerians and democracy with the judgement, saying it’s in the best interest of everybody.

    Wike spoke during the Rivers State Peoples Democratic Party (PDP) campaign in the Abua/Odual Local Government Area, where he urged the people to preserve their Permanent Voter Cards (PVCs) to vote for the candidates of the PDP at the state level.

    He also commended the government of the three states that filed the suit.

    He said the Rivers State Government will join the suit against the Federal Government, noting that the PDP in the state is not in support of the policy.

    The governor noted that the Supreme Court has through the decision, proven that the judiciary is the hope of the common man.

    The CBN has earlier directed that the old notes will cease to be legal tender as from Friday 10th of February 2023.