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The threat of a transitional government and the protests against the CBN

Many things happened in Nigeria this past week, which directly affected the lives of the people of the country.

Here are some of the important ones that we have animated for you to remind you of them.

Buhari’s warning against the interim government

The Nigerian presidential palace has said that there is no truth in the rumors that Muhammadu Buhari is planning to hand over power to a caretaker government.

In an interview with the BBC, the special assistant to the president on media matters, Malam Garba Shehu, said, “The matter of the caretaker government should not be taken as a joke, talk of elections is a joke.”

While some leaders have been quoted as saying that President Buhari is trying to stop the legs of Nigerian democracy, on the other hand, there is a claim that the low naira in Nigeria is part of the reason for the setback to the upcoming elections that will be held. in a few days, and the plan to transfer power to the caretaker government.

In his response, the president’s spokesman said that this is a dangerous style adopted by some people who think they can lose the election.

The protests against the CBN in Lagos and Abuja

There was a commotion at the office of the Central Bank of Nigeria in Lagos due to the lack of money in the country.

Hundreds of people who wanted to exchange their old notes for new ones thronged the bank.

Some tried to climb over the wall surrounding the building.

There was a similar demonstration on Wednesday in the Federal City of Abuja, where even those who wanted to change their money prevented CBN employees from going out through their usual gate.

However, the central bank issued a statement denying that it had ordered commercial banks to continue accepting the old 500 and 100 naira notes.

The shortage of currency notes has led to riots in some parts of Nigeria in the past.

El-Rufai’s order on continuing to accept old money

The governor of Kaduna State, Mallam Nasir El-Rufai, has ordered the people of the state to continue using the old 500 and 1000 naira notes after President Buhari stressed the position of the Central Bank of the country to cancel the use of the currency.

In a speech the governor made to the people of the state yesterday, the speech seemed to challenge the president, he described the money transfer program as a weapon developed by the ruling party leaders and those close to President Buhari. with him to stop the APC presidential candidate, Bola Tinubu from winning the February 25 election.

The governor described the plan as unbelievable, which caused the poor people of the country great hardship, who he said were the ones who supported the plan.

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He said the leadership of the Central Bank of the country, CBN, deceived President Buhari that the program was developed with the aim of stopping politicians who collected huge sums of money to buy votes during the elections.

CBN has vomited and won

The Central Bank of Nigeria has withdrawn the issue of continuing to accept the N1,000 and N500 notes, after previously confirming to the BBC that it had instructed banks to continue accepting the old notes.

Earlier, the Central Bank of Nigeria through its Director of Publicity, Osita Nwanisobi confirmed to the BBC that he had instructed banks to continue accepting the old 1,000 and 500 currency notes.

The bank later released a document signed by the CBN’s Director of Publicity denying this.

After the BBC called him again to verify the information, Mr Nwanisobi said he had nothing to say apart from this statement he issued later.

The plan to dedicate holidays from members of the Nigerian Parliament

As the fight continues between the executive branch and some state governments in Nigeria over the issue of financial reforms, the members of the Senate said that they may interrupt their vacation if it starts in order to provide for the people of the country. solution.

The members of the Senate said this after President Muhammadu Buhari ordered the Central Bank of the country to release the old two hundred naira notes so that they can continue to be circulated due to the shortage of new money, even though that the court ordered the government to listen.

Senator Uba Sani, who is the chairman of the senate committee in charge of banking, told the BBC that the government should respect each other so that democracy can develop.

He said, “As the president has said that he wants to continue using the old 200 naira currency, we in the senate consider this step to be very dangerous.”

The good news that Emefile gave to Nigerians

The Governor of the Central Bank of Nigeria, Godwin Emefile said that in the future, Nigerians will see the benefits of the currency reform that the government is trying to implement now.

Emefile stated this when he met with the press after meeting with President Mubammadu Buhari on Thursday.

The people of Nigeria are still struggling against the hardships caused by the change of currency due to the lack of new currency that has changed features.

Even on Thursday, President Muhammadu Buhari had to give permission for the central bank to release the old currency notes to continue using them until April 10.

However, Emefile said that the change in the shape of the currency was designed to achieve the three main goals of the Buhari administration.

Six people died and nine were injured in an accident involving an onion trailer and a bus in Kwara

Six people lost their lives and nine were injured in a car accident in Kwara State, on Ganmo Road in Ifelodun Local Government Area yesterday Wednesday.

According to reports, the accident occurred between a Suzuki rental bus, number BDJ-134XB and a blue trailer, DAF model number ABC435XN, which came from Sokoto State, and onions, as reported by the Daily Trust newspaper. published.

Some say that the trailer grabbed the driver because of his speed and hit the bus.

The newspaper said that in its discussion with the head of the Federal Communications Commission (FRSC), in the state, Frederick Ogidan, confirmed the accident.

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