Naira Scarcity Worsens Two Days to Christmas Despite CBN’s Sanction Threat to Banks Shoppers lament, PoS operators raise charges Apex bank lifts restriction on cryptocurrency transactions
Omolabake Fasogbon With about 48 hours to the Christmas
celebration, Nigerians have been left cash-strapped, while hopes of resolving prevailing naira crisis
dwindles, despite Thursday’s warning by the Central Bank of Nigeria (CBN) that it was going to sanction banks
and point-of-sale (PoS) operators allegedly involved in the act of sabotage.
This was just as it emerged yesterday that the CBN has lifted its ban on transactions on crypt-
currencies in the country. Continued on page 5
Nigeria Reaffirms Commitment to OPEC after Angola’s Exit from Oil Cartel...
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Saturday, December 23, 2023 Vol 28. No 10482
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Supreme Court Verdict: Distractions over, Time to Redouble Effort, Says Mbah...
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Tinubu Pledges to Advance Nigeria’s Unity Says he’ll be fair to all Deji Elumoye in Abuja President Bola Tinubu has given an assurance that he would always be fair to all Nigerians and that his
administration remains committed to advancing the unity of Nigeria, as well as ensuring the welfare and prosperity of all citizens. Speaking yesterday, at the
Ansar-Ud-Deen Central Mosque in Surulere, Lagos, the President, in a statement issued by his Media Adviser, Ajuri Ngelale, said the economic reforms initiated by
his government were aimed at establishing a robust and secure foundation for Nigerians today and for generations unborn. Tinubu, who joined the Muslim
Ummah to observe Jumaat prayers marking the centennial anniversary of the Ansar-Ud-Deen Society of Nigeria (ADS), commended the Society for its service to humanity,
contributions to the propagation of the tenets of Islam and efforts in uplifting the downtrodden. Continued on page 5
Massive Protests Hit PH as Rivers Groups Reject Wike, Fubara Peace Deal Embark on solidarity walk in support of Fubara Threaten to shut down major roads, offices, oil companies, LNG, others Say resolution embarrassment to Nigerians and abuse of Niger Delta people Rivers elders drag Tinubu, Fubara, INEC to court Fubara pledges more incentives for civil servants beyond Christmas bonus Blessing Ibunge in Port Harcourt In what appeared to be a backlash from the rapprochement between former governor and Minister of the Federal Capital Territory, Nyesom Wike and his godson and Governor of Rivers State, Siminalaye Fubara, by President Bola Tinubu, the people of the State have threatened to shut down all business activities in the state if the terms were not reversed. The crowd which commenced a protest that threatened to ground the State, premised their action on alleged imposition of the terms of agreement on Fubara over the political crisis in the state. Also yesterday, six elders from Rivers State dragged Tinubu to the Federal High Court in Abuja, for allegedly compelling Fubara to enter into what they termed an unconstitutional agreement. This was just as Fubara assured Continued on page 5
SAVOURING THE VICTORY… L-R: Chief of Staff to the Governor of Enugu State, Barr. Victor Udeh; Chairman, Peoples Democratic Party, Enugu State, Hon. Augustine Nnamani; Governor of Enugu State, Dr. Peter Mbah; wife of the governor, Mrs. Nkechinyere Mbah; and Speaker Enugu State House of Assembly, Uche Ugwu, during an address by the governor following the Supreme Court verdict upholding his election in Enugu...yesterday