No Plan to Withdraw Naira Notes from Circulation, CBN Clarifies Nigeria and others to benefit from AfDB’s $1.5bn Africa’s food facility James Emejo in Abuja The Central Bank of Nigeria (CBN) yesterday debunked reports that it planned to replace the conventional Naira notes in circulation with digital currency,
otherwise known as the eNaira, in due course. This is as the African Development Bank (AfDB) Group’s Board has approved a $ 1.5 billion facility to support African countries deal with the
impact of the Russian-Ukraine war impacting food prices and availability. CBN’s Director of Corporate Communications Department, Mr. Osita Nwanisobi, said the misleading statement
purportedly made at a stakeholders’ engagement on eNaira adoption in Asaba, Delta, was misconstrued and therefore, urged the public to completely disregard it. Nwanisobi further explained
that the digital version of the Naira is meant to complement the existing currency notes and therefore, would circulate simultaneously with the conventional Naira notes as means of exchange and store
of value. He said the adoption of the digital legal tender, aside from its safety and speedy features, would also ensure greater access Continued on page 6
Bauchi Gov Reads Riot Act as Violence Erupts over Alleged Blasphemy…
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APC to Reconcile Aggrieved Presidential Aspirants, Others after Primaries Chuks Okocha in Abuja The All Progressives Congress (APC) yesterday said there are plans to reconcile aggrieved aspirants after the presidential, governorship, senatorial and House of Representatives’ primaries scheduled to take
place from May 26 to 30. National Chairman of the party, Senator Abdullahi Adamu, who stated this at a virtual town hall meeting, added that no grieving aspirant will leave the party after the party’s primaries. Adamu, who was represented by his Special Assistant, Prof.
Abdullahi Yau, disclosed this at the event organised under the aegis of the party Wardto-ward Diaspora Network in collaboration with the APC Ward-to-ward Ambassadors on “Intra-Party democracy for the Emergence of Best Candidates.” He said, “Directly, I want to tell
you that after the primaries, none of the contestants of aspirants will leave the party. You can see unlike the other parties extending weight, in our party all our aspirants are calm. Everybody is going left and right, trying to win votes for themselves.” According to him, all aspirants
would be listened to by a high-power delegation of the committee if there’s a tangible reason why they are complaining after the party’s primaries. “They will listen to you and provide for your needs. In this way, we can carry along everybody to the party,” he said.
“I can assure you this is the most interesting part; the number of people that are contesting and they are going to give everybody a playing level ground where you can exercise your right as a Nigerian to contest. Continued on page 12
Buhari Sends Electoral Bill to INEC, Attorney-General for Legal Opinion New law, if signed, may only benefit 2027, off-season electoral processes for APC, PDP as other parties forge ahead PDP begins primaries today Ejiofor Alike in Lagos and Chuks Okocha in Abuja President Muhammadu Buhari has sent the new Electoral Act Amendment Bill to the Office of the Attorney General of the Federation (AGF) and Minister of Justice, and the Independent National Electoral Commission (INEC) for legal advice, THISDAY has learnt. The president’s decision not to be in a hurry to sign the bill, it was learnt, was to avoid a repeat of the mistake made by members of the National Assembly, who in their effort to punish political appointees, forgot to include themselves as delegates. THISDAY’s investigation revealed that the new law, if signed, would only benefit the 2027 general election and off-season elections for the All Progressives Congress (APC) and the Peoples Democratic
Party (PDP). A Presidency source, who confirmed this development last night, further disclosed that the president would await legal advice before signing the bill as recently amended by the National Assembly. However, the PDP yesterday confirmed that the super delegates or statutory delegates would not vote at the state Houses of Assembly and House of Representatives’ primaries of the party scheduled to take place today (Sunday) as they were not elected as delegates. Following the failure of the National Assembly to recognise themselves, the president, vice president, governors and other elected government officials as statutory delegates in the Electoral Act 2022, the Senate and the House of Representatives had penultimate week passed Continued on page 5
KEEP THE AWARDS COMING… L-R: General Manager, Security, Nigerian National Petroleum Company (NNPC), Mr. Kaka Abba; Group General Manager, Crude Oil Marketing Department, NNPC, Mrs. Rose Eshiett, and Edo State Deputy Governor, Mr. Philip Shaibu, presenting the Vanguard Personality of the Year Award, 2021, to the Group Managing Director of NNPC, Mallam Mele Kolo Kyari, who was represented by Eshiett, in Lagos…weekend
Kano Police Command Intercepts Vehicle Loaded with Explosive Devices…
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