The Central Bank of Nigeria (CBN) has made clarification on viral reports that it has suspended accounts of some Fintech companies like OPAY and PALMPAY.
The apex bank refuted the reports, describing it as fake news.
According to the News Agency of Nigeria (NAN), this was made known by the Acting Director, of Corporate Communications of CBN, Mr. Isa AbdulMumin, on Friday, March 24, 2023, in Abuja, where he said that the viral news “is simply fake’’
The viral news credited to AbdulMumin claimed that the CBN was about to suspend accounts of the Fintech companies because they were being used to perpetrate fraud.
The CBN is about suspending their accounts because these apps are being used to perpetrate fraud.’’
Similarly, OPAY and PALMPAY had in separate social media messages denied being under the radar of the CBN.
OPAY had stated that, “the post mentioning the CBN shutting down our operations is false and misleading to the general public.’’
PALMPAY also posted a similar disclaimer stating that “We are aware of news currently being spread on social media about CBN shutting down the operations of PALMPAY.
Former President Olusegun Obasanjo has condemned the “persistent” aversion to people of southeastern extraction, which he describes as Igbophobia.
Speaking at an event in Anambra State to commemorate Governor Chukwuma Soludo’s one year in office, Obasanjo recalled his work with the professor of economics as well as the current Director General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala.
In Obasanjo’s administration which spanned 1999 to 2007, Soludo served as the Governor of the Central Bank of Nigeria (CBN), while Okonjo-Iweala was the Minister of Finance.
The former president stated that Soludo, who worked closely with him as an economic adviser, “never misadvised me”, and the economist’s performance impressed him so much so that he was asked to lead the apex bank.
According to the 85-year-old statesman, Soludo was the second Nigerian CBN governor who was not a commercial banker of some sort.
According to the 85-year-old statesman, Soludo was the second Nigerian CBN governor who was not a commercial banker of some sort.
Somebody came to me and said, ‘Wow! You have ruined the economy of Nigeria.’ I said, ‘How?’ He said, ‘An Igbo woman, Minister of Finance; an Igbo man, Governor of the Central Bank? Then you have clearly completed the task of ruining the economy of Nigeria.’
“I don’t know why he said that, except for what I can call Igbophobia, and I don’t take that lightly. It remains, it persists. But when you have that type of thing that was said to me and the type of thing that you know is going on, as I have just called it, what do we do with it?
I believe we have to go back to the scripture, which says we must conquer evil with good. And whoever you are, wherever people are afraid of you, you must make yourself friendly to those who are afraid of you and earn their friendship by being good to them, and that is what we have to do,” Obasanjo said.
The former president noted from his personal experience, nothing wins friendship like one being friendly.
He added that the appointments of Okonjo-Iweala and Soludo were “probably the best of the appointments that I made when I was president”.
Government creates economic prosperity by inducing consumption, savings and investment. When people are happy as a result of Government actions , the society progresses and Government share of the dividend comes in form of tax .
Dr Alex Otti captures GGM position when he said that increasing State internal generated revenue doesn’t mean increasing tax and chasing Keke and bike drivers around , it requires advancing the standard of living of citizens . Government gives hope to the generality of people by providing affordable housing,access to good health, quality and affordable education , modern market ,modern and mechanized mechanic villages,farm settlements,good road among others. With people on the side of their Government,they can build modern society without Abuja handouts .
Accordingly,people will happily pay tax when they are making income . This is where Prof Soludo fails and that is why he has lost goodwill to inspire the people . Ndubuisi
The Supreme Court has reaffirmed Edozie Njoku as the National Chairman of the All Progressives Grand Alliance (APGA).
The apex court made the pronouncement in a judgement on an application by Njoku, where he sought the regularisation of the amended judgment of Justice Mary Peter Odili delivered on May 9, 2022.
Njoku’s motion also followed a letter of the Supreme Court to him on January 19, 2023, wherein the apex court had addressed him as the national chairman of APGA and advised him to approach the court by way of a motion to correct the slip.
The accidental slip which was corrected by the Supreme Court has restored Njoku as the actual national chairman of the party that was wrongfully removed by a Jigawa High Court.
In a lead Judgment, Justice Garba Lawal held that it was Edozie Njoku that was wrongly removed at Jigawa without being joined as a party.
Justice Lawal Subsequently, stated that Njoku’s application was meritorious and consequently granted it as prayed.
Reacting to the judgement, Njoku appealed to the Governor of Anambra State, Charles Soludo to make himself available for a discussion on the way forward for the party.
He said he will also do everything possible to bring stability to the party.
National Publicity Secretary, Obidient Movements worldwide, Dr. Ahmed Rabiu, has lampooned Mr.Festus Keyamo over the petition written against the presidential candidate of the Labour Party, LP, Mr. Peter Obi, and his running mate Dr. Ahmed Datti.
Rabiu, who vowed that Obidients will occupy all DSS detention room if Mr. Peter Obi and Dr. AhmedDatti is detained.
Reacting to Keyamo’s petition to the Department of State Security, DSS, Rabiu said: “Mr. Keyamo, we have been anticipating a day like this when your desperation to cover up all APC’s inhuman and evil deeds will lead you to doom.
Be rest assured that all Obidients will occupy every space in that DSS detention room. We are bound together and not even evil corrupt entities of your type can change Obi’s mandate.
Labour Party’s wins in 2023 general elections
“In all your fruitless effort, this will certainly mark the end of you and your APC’s dictatorial leadership in Nigeria.”
The Federal and Lagos State Governments have been urged to take proactive measures to end incessant harassment, intimidation and suppression of Ndigbo living in Lagos State
In a statement issued in Awka, the Vice President of Ohanaeze Ndigbo Worldwide, Chief Damian Okeke-Ogene said Ndigbo have been pushed to the wall without any provocation and will take necessary measures to protect themselves from targeted attacks, harassment, abuses and threats.
Chief Okeke-Ogene recalled that similar scenario that culminated to last civil war has started playing out again without the Federal government and government of Lagos State saying nor doing anything to prevent further escalation that will lead to total breakdown of law and order.
He disclosed that Ndigbo in Lagos and Rivers states suffered unprecedented attacks, intimidation and threats before, during and after the Presidential and National Assembly elections as well as Governorship and State Assembly elections and were not allowed to exercise their franchise while their sources of livelihood were destroyed resulting to colossal losses running into hundreds of billions of naira even when no Igbo man contested election in the states.
The Ohaneze Ndigbo Vice President noted that Ndigbo have been in the fore front of development of Lagos State and constitute the highest population of tax payers that drive the economy of the state while many of them are members of the All Progressives Congress APC.
Chief Okeke-Ogene reminded the masterminds of these attacks and intimidation that nobody has a monopoly of violence and noted that Ndigbo in Northern parts of Nigeria lived peacefully with their hosts throughout the elections and participated actively in the election processes without apprehension.
He urged Ndigbo to remain calm as leadership of Ohaneze Ndigbo is reaching out to the federal government, Lagos State government and Igbo elites on proactive measures to stop the situation from getting out of hand.
Good Governance Ministry (GGM ) ,a political Ministry has sent a message of congratulations to the Governor -Elect of Abia State – Dr Alex Otti. In a message signed by the Leader of the group – Comrade Chinedu Asuzu, ” Dear Dr Alex Otti, your victory in the last Gubernatorial election has proven that the power of people is greater than those in power. You have the people mandate as indicated in the celebration ongoing in all corners of Abia State. Do not disappoint the humongous expectations from the office of the Governor. Our people do not expect miracle from Government and to succeed ,you need to run an open Government where every Abian opinion would be considered. Our people are emotionally battered and traumatized,however you need to appeal to their emotional beings to carry everybody along . With the people by your side ,you can achieve anything you plan for. Note that four years period is too short ,so don’t joke with people mandate. On behalf of Good Governance Ministry, I sincerely congratulate you for being the first to be declared Governor-Elect under Obidient Movement” the message concluded.
The recent essay “The Cult of Lagos Tinubu Political Family and Future Anarchy” by Suyi Ayodele is worthy of serious attention. Empire, usually, distract their peoples unto war by contriving enemies within and then enemies in alien places.
The author of this article is Yoruba. In the article he identifies the trouble makers as “Tinubu Political Family” and not “Yoruba Nation”. In essence, there is no political war between the Igbo and Yoruba peoples. It is ‘Tinubu Political Family’ against Igbo.
Indeed, those who presume the Yoruba and Igbo peoples are so distinct and opposed to each other that they can be, easily, incited them to war against each other, for the benefit of the Anglo-Fulani co-imperialist rulers of Nigeria, are under the spell of contrived and kwashiorkic, Nigeria ‘history’. I, myself, was under the evil spell of that ‘Akụkọ Ife’ until two Yoruba men, Professor Sam Aluko and Chief Olu Akinfosile, talked to me in 1993. People, before they head further along the road to perdition, should find out what the Ooni of Ife meant, 2019, when during the Aje Festival he called the Igbo people as the people of Obatala and Four-lobed Kolanut, who founded the Aje Festival celebrated at Ile-Ife. So, might think the respected traditional leader was making a joke. Not at all!
The Awori people who own Lagos migrated from the same Igbomokun/Ife, from where Ooni Adeyeye Ogunwusi made his historical speech. People who don’t know should ask garrulous Femi Fani-Kayode why he claimed a few years ago that he is not Yoruba, but Anago? Scientists have discovered that the human body possess two brains of equal weight. One is the Gut Brain inside the belly, while the other is the ‘Head Brain’ inside the head. What the Anglo-Fulani co-imperialist political strategy has achieved in Nigeria is the political promotion and dominance of those guided by their Gut Brains as Nigeria ‘leaders’… politicians, judges, priests, professors, etc. Such Gut-brainers, as Fani-Kayode, don’t connect what they say in the present to what they said in the past. That is why Fani-Kayode, because of the favourable food signs from political sky of Lagos is, currently, ‘Yoruba gladiatory champion’, fanning the embers of hatred and violence against the non-Yoruba citizens of Nigeria who are resident in Lagos. While giving ‘intellectual’ artillery cover to chief thug MC Oluomo and Gang, it has never occurred to him, thinking from his Gut Brain, that Lagos economy is not based on ordinary Land Space, which Lagos hardly has, but on Petroleum, which journeys to Lagos from the general direction as his primary hate targets come.
The Great Danger of Bola Tinubu, in the thinking of informed Nigerians, is STATE CAPTURE. The election observers in Nigeria have coined the term INEC-capture in relation to Bola Tinubu’s recent exploits. But, the State-Capture of Nigeria by aliens is the ultimate trajectory of the current electoral heist. The meeting Bola Tinubu held with Gilbert Chagoury, in France, frightens informed Nigerians more than anything else about the future of Nigeria, after the present electoral deep-dives in a Tray-of-water. The Chagourys, money launderers to Abacha and convicted in the United States for related anti-State offenses, were partners to Tinubu in the capture and Exploitation of Lagos State. Now, Nigeria?? People who don’t know what state capture means should go and find out why President Jacob Zuma lost power in South Africa. He lost power because an Indian refugee family called Gupta, within a short time, made enough money in South Africa to bribe their way to nearly owning the South African Government. Through bribery with money made in South Africa, by hook or by crook, in South Africa, the Guptas were bribing their way to the appointment of South African Ministers…who were, in turn, awarding dubious contracts to them. Corruption spread, and State institutions collapsed in the wake. South Africa has never recovered from the Guptas State Capture. Indians and their Middle-Eastern cousins (Arabs and Jews), who Nigerians, generally, call Kora have specialised in African States Capture as major business. The most wicked aspect is their presumption that Black Africans are stupid people who can sell their Mother’s Hearth, when sufficiently enticed, in these insidious Mammon-driven activities.
Bola Tinubu studied in Chicago. He, apparently, spent significant time admiring, and understudying, the ‘Daley Machine’. The Richard Daley founded the Political Machine, backed by gangsters, controlled Chicago politics. From there they, unduly, influenced United States politics (including, as they say helping to install an American President Kennedy in 1961). With his established Drug Money laundering, Tinubu, apparently, also understudied the dynamics of American underworld. He now, liberally, employs this specialist knowledge to Nigeria.
It is the Lagos based, Daley-modelled, Tinubu Political Machine that has seized control of South West Nigerian political space and is reaching out to control Nigeria. It is the Tinubu Machine that has targeted the Igbo in Lagos, Rivers and everywhere; and attacking Igbo in Lagos. They perceive the Igbo, and correctly, as strategic adversaries. It is not the Yoruba People. Little to do with Yoruba Nation, except as already captured base instrument of political conquest, by an Imperialist mindset.
The Igbo and Yoruba, like the Ooni said in 2019, are more related than uniformed people know and enemies of the Black Race, who want them to remain eternally divided and damned, allow to be known. Time is pregnant and shall bear some future beyond men of Might and Mammon to foretell!
Dear Chidi,
What you have written is an introductory part of this reflection of yours.
Keep developing it until we land at “what is to be done”
Please let no-one blame Ndigbo and their neighbors who conscientiously went into this election. Especially the innocent youth and other compatriots in search of a genuine future!
We all have finally given the world of true humanity further opportunity to see the purity of our heart. THAT WE WANT TO LIVE TOGETHER IN ONE POLITICAL STATE.
We must now pursue very conscientiously the path God has charted for us in the GREEN BOOK – The true path of Freedom From Slavery.
We must now pursue this path together – the Youths and all genuine Freedom-Thirsty Compatriots from the NORTH, SOUTH, EAST, WEST AND CENTRAL of this Wobbling Federation!
May God Almighty be our Guide!
TEEYU NWALA
Kenneth Okonkwo Reacts As INEC Declared Peter Mbah Enugu Gov-Elect
One of the labor party presidential campaign Spokespersons, Kenneth Okonkwo has reacted to the outcome of the Enugu state governorship Election
The Independent National Electoral Commission, INEC, on Wednesday, Officially announced the People’s Democratic Party, PDP, governorship candidate, Peter Mba, as the winner of the state election. The announcement came following an adjournment during the collation exercise
The race was a tight one between the PDP candidate and the labor party candidate, Chijioke Edeoga
However, after the announcement was made, Okonkwo expressed his displeasure at the outcome of the election.
In a post that he made on his Twitter page, he alleged that there was a compromise during the process
He said the Abia returning officer rejected to be intimidated and refused to announce rigged results while the Enugu Returning Officer Confessed that he was given a figure to announce.
