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Naira Redesign-Govt Officials are not Devoted to Duty-Former Oyo TUC Chairman

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The hitches trailing the introduction of the new Naira notes in Nigeria has exposed the lack of devotion to duty by certain government officials and the dubious attitude of staff of some banks. This assertion was made on Monday by a former chairman of the Oyo state council of the Trade Union Congress(TUC), Comrade Andrew Emelieze. ''The Naira redesign is an indictment on certain officials of government who have not been diligent in their duties and a number of staff in banks who are duboius and questionable. As a matter of fact, Nigerians are now in great doubt of the real motive behind the Naira redesign. The apex bank should not be used to achieve sinister motives, it could be counter productive'', Comrade Emelieze stated.

Naira Redesign-Deadline in Order but......-Prof. Olagoke

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The Central Bank of Nigeria(CBN) has insisted that the January 31st deadline for the invalidation of the old naria notes remains unchanged. However, the Federal House of Representatives and the Senate want the apex bank to extend the deadline to 30th June, for the benefit of millions of Nigerians. Interestingly, a sizable number of Nigerians who have handled the new notes have expressed disappointment and dissatisfaction with the quality of the new notes compared to the old ones. In his reaction, the Founder, Spiritual Head and Grand Imam of Shafasudeen-in-Islam worldwide, Prof. Sabitu OlagokeJP, opines that the deadline for the withdrawal of the 200, 500 and 1,000 Naira notes is in order, but warns that this could result in negative consequences. Excerpts: What is your reaction to the insistence of the CBN that the January 31st deadline remains unchanged for the invalidation of the old naira notes? First and foremost, we should not lose sight of the purpose of the introduction of the...

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