CBN Threatens to Sanction Banks over Failure to Load ATMs with New Banknotes Insists there are enough new N200, N500, N1,000 to go round
Nume Ekeghe in Lagos and James Emejo in Abuja The Central Bank of Nigeria (CBN)
has warned that it will penalise banks that fail to comply with its directive to dispense the newly redesigned N200, N500 and N1,000
through their Automated Teller Machines (ATMs). The warning was issued yesterday by the CBN Director, Currency
Operations Department, Ahmed Umar, during a training session for state directors of the National Orientation Agency (NOA) in Abuja.
Also, in Lagos yesterday, the apex bank urged banks to comply with the directive to load their ATMs with the new notes to ensure that
they circulate widely. Umar explained that the purpose Continued on page 10
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General Election Won’t Be Postponed or Cancelled, FG Assures Nigerians Olawale Ajimotokan in Abuja and Ibrahim Shuaibu in Kano The federal government yesterday said the 2023 general election would not be postponed or cancelled because of insecurity.
The Minister of Information and Culture, Lai Mohammed, said this in Abuja at the 17th edition of President Muhammadu Buhari scorecard series from 2015-2023, adding that nothing has happened to alter the election timetable.
The assurance by the federal government followed concerns raised by INEC, following rising cases of insecurity and the attack on the commission’s facilities in some parts of the country allegedly perpetrated by the Eastern Security
Network (ESN), the militant arm of the outlawed Indigenous People of Biafra (IPOB), bandits and terrorist groups in the North-west and some other parts of the country as well as other forms of criminalities. INEC had revealed that over
41 attacks had been carried out at its offices across 14 states since the 2019 general election, with the South-east recording 13 attacks. The attacks which started in Abia on May 9, 2021, spread to Enugu and Ebonyi, with three
incidents each; Imo, with two attacks; Anambra and Abia with one each and in Bayelsa and Akwa Ibom states. Also, the commission on Monday Continued on page 10
Buhari: I Can't Be Blackmailed over Illicit Enrichment, Inexplicable Wealth Says he has no investment, property outside Nigeria Insists he has fulfilled his promise to tackle Boko Haram Vows to serve God, country till last day in office Promises to remain in Nigeria after May We’re not a rubber stamp N’Assembly, Lawan insists Deji Elumoye and Sunday Aborisade in Abuja President Muhammadu Buhari has declared that no individual or group can accuse him of corruptly enriching himself since he assumed office as a civilian president on May 29, 2015. The president, according to a statement issued yesterday by his
Media Adviser, Mr. Femi Adesina, spoke on Monday night at a banquet in his honour in Damaturu, Yobe State capital. According to the statement, Buhari said nobody could blackmail him on inexplicable wealth and illicit enrichment while in office. Continued on page 10
Tinubu: Edo Train Station Attack Shows CONSULTATIVE VISIT... Presidential candidate of the Peoples Democratic Party, Alhaji Atiku Abubakar; former President of the Senate, Dr. Bukola Saraki; and British Nigeria Hasn't Won War against Insecurity L-R: Secretary of State for Foreign, Commonwealth and Development Affairs, Mr. James Cleverly, during a meeting in London…yesterday ...Page 6