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2023 Elections: Why CBN Cashless Policy is Raising Dusts

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The Coalition of National Civil Society Organisations (CNCSOS)  has raised alarm over the recent developement concerning the CBN cashless policy.

This is contained in a world press conference by the coalition in Abuja today. adsbygoogle || []). push({});

The group said, “As you all know, the country was jolted when a group of human rights lawyers and some civil society organisations raised the alarm that there was a plot to frame the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele in terrorism financing allegation.”

“The gravity of what Nigeria was confronted with came to the front burner when members of the group revealed that the Department of State Services (DSS) had even gone to the extent of approaching the court to obtain a warrant to arrest Godwin Emefiele without the consent or knowledge of the Commander-in-Chief of the armed forces of the Federal Republic of Nigeria, President Muhammadu Buhari.”

“The Coalition of National Interest Defenders, which brought the development to the open, went ahead to allege that the plot was to keep Mr. Emefiele for at least 60 days until after the general elections next year. This should ring a bell when we recall that this alleged plot is coming immediately after the redesign of the naira notes and the review of the cash withdrawal limits for both individuals and organisations.”

“We have all hailed the cashless policy of the Central Bank of Nigeria such that even the corrupt politicians who are opposing the cash withdrawal limits acknowledge that it is the way to go but that the timing was wrong. They also sort to get wavers for election spending. Why are they looking for wavers? They want to use our stolen commonwealth to buy our votes.”

“In view of the current revelation, we are afraid that the State Security Service is derailing from its statutory role to becoming a tool in the hands of desperate politicians. This is dangerous for the country and must be discouraged at any cost.”

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“Those who wants to receive and spend money without any traces are those who have been kicking against the cashless policy of the CBN. If you have legitimate money, why are you afraid to wire the money through bank transfers? Why are you afraid of cash withdrawal limits? There is no limit to the amount you can transfer through the bank but because they are having our stolen money, they don’t want to make traceable transactions and that is the sin of Godwin Emefiele. That’s why they want him out of the way before the election so that someone who can do their biddings is appointed to reverse the cashless policy implementation.”

“We must note that President Muhammadu Buhari has shown maximum support for the economic stability and reform efforts of the CBN Governor and that was probably why they wanted to remove him from office without the consent of Mr. President.”

“At this juncture, we hail the Nigerian judiciary for refusing to be used for the planned hatchet job. It is unfortunate but it happened.”

“According to reports, the affidavit filed by the State Security Service in support of its application claimed that preliminary investigation had revealed various acts of terrorism financing and fraudulent activities perpetrated by Godwin Emefiele and his involvement in economic crimes of national security dimension but there was no evidence. Hence, the court rejected to issue order for the arrest of the CBN Governor. Even, the identity of the said Godwin Emefiele, as the sole respondent, was not clearly stated in the affidavit according to the court, which made the plot more of a shoddy deal.”

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“And, in view of a reasonable suspicion that some politicians may have influenced the State Security Service in the planned arrest of Godwin Emefiele, we join well-meaning Nigerians and groups to the call on President Buhari and the Attorney-General of the Federation, Abubakar Malami (SAN), to immediately put in motion the processes of suspending and thoroughly investigating the circumstances surrounding this national and international embarrassment. The attempt to obtain a backyard order to remove a high ranking officer of the Federal Republic of Nigeria for obvious political reasons should be of serious concern to all Nigerians as we don’t know who will be the next.”

“”By virtue of Section 150(1) and Section 174 (1) of the 1999 Constitution of the Federal Republic of Nigeria as amended, the Attorney-General of the Federation has the powers to institute and undertake criminal proceedings against any person before any court of law in Nigeria. Therefore, nothing stops the Attorney-General of the Federation from exercising his powers in this matter to send a clear signal to the international community that Nigeria is not a banana republic, where anything goes. If public office holders who err are not appropriately sanctioned, it will send a wrong signal to foreign investors and project Nigeria as a country without rule of law.

“”This is paramount as Section 174 (3) expressly stated that “In exercising his powers under this section, the Attorney-General of the Federation shall have regard to the public interest, the interest of justice and the need to prevent abuse of legal process.” What is primarily at stake here is public interest.

“”We hereby urge President Muhammadu Buhari and the CBN Governor never to relent in their efforts to place Nigeria among the best 20 economies in the world in line with the cashless policy of the Central Bank of Nigeria.

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“”We assure Mr. Godwin Emefiele that Nigerians on the streets, who are in pains of starvation and hunger due to the continued looting of public funds meant for their well-being by some politicians, are standing with him and will vehemently resist any attempt to derail the cashless policy of the Federal Government of Nigeria.

“”We also commend the Federal Government on the exemplary leadership with the ban on cash withdrawals from public accounts. The stoppage of cash withdrawal from all public accounts is another legacy in the war against corruption and electoral fraud by the President Muhammadu Buhari administration. The ban on cash withdrawals and subsequent directive to public officers to immediately open domiciliary accounts in foreign and local currencies ahead of the commencement of the cash withdrawal policy will deepen the gains of the cashless policy of the federal government through the CBN.

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Abdulrahman Obaje
Abdulrahman Obaje
Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.

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Workers Day: Amb Samuel Sends Strong Message To Governor Ododo, President Tinubu

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A  Chieftain of the All Progressive Congress (APC), Ambassador Samuel A. Dajuma
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A Kogi-born politician, Amb Samuel A. Danjuma has sentt a strong message to the Kogi State Governor Ahmed USMAN Ododo and President Bola Ahmed Tinubu while emphasiing the importance of collective effort and dedication in moving the affairs of Kogi State, and Nigeria to an enviable pedestal.








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He made this emphasis while interacting with journalist in Abuja during this year Workers Day Celebration.

The Businessman and young progressive politician said, “I stood alongside the worker-friendly Governor of Kogi State, Ahmed USMAN Ododo, in extending warm wishes to Kogi workers and workers worldwide on this year’s Workers’ Day. Together, they reassured the dedicated workforce of Kogi State of a promising future ahead, filled with opportunities for growth and prosperity.”

“Amb Samuel urged the workers to reciprocate this gesture by continuing to give their best in their respective roles, contributing to the overall development and progress of the state. He emphasized the importance of collective effort and dedication in achieving common goals and aspirations.”

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He further appealled to the Federal Government led by President Bola Ahmed Tinubu to address the pressing issue of rising fuel prices, which has caused hardship for many Nigerians.

He urges the President to intensify efforts on stabilizing fuel prices and advocated for the establishment of a price control board to ensure fair pricing and alleviate the burden on the populace.

Danjuma expressed gratitude to the President for the recent salary increament for civil servants, acknowledging this as a positive step towards improving the welfare of workers across the country.

In alignment with Governor Ododo’s worker-friendly policies, Amb Samuel A. Danjuma reaffirmed his commitment to advocating for the rights and well-being of workers, both in Kogi State and beyond, and emphasized the importance of collaboration between government and labor in building a brighter future for all.

ALSO READ  ICDA Expressed Pride in Okutepa's Selfless Service to The Igala Kingdom

International Workers’ Day, also known as Labour Day in some countries and often referred to as May Day, is a celebration of labourers and the working classes that is promoted by the international labour movement and occurs every year on 1 May, or the first Monday in May.

May 1 is traditionally, the date of the European spring festival of May Day. In 1889, the Marxist International Socialist Congress met in Paris and established the Second International as a successor to the earlier International Workingmen’s Association. They adopted a resolution for a “great international demonstration” in support of working-class demands for the eight-hour day. The 1 May date was chosen by the American Federation of Labor to commemorate a general strike in the United States, which had begun on 1 May 1886 and culminated in the Haymarket affair four days later. The demonstration subsequently became a yearly event.


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Abdulrahman Obaje

Abdulrahman Obaje
Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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ICDA Expressed Pride in Okutepa’s Selfless Service to The Igala Kingdom

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The Igala Cultural and Development Association, ICDA has expressed a deep pride in SAN (Chief) Jibrin Samue Okutepa’s selfless service to the Igala kingdom, acknowledging his significant contributions.


This is during a courtesy visit by the delegation from the Igala Cultural and development Development Association (ICDA), Adamawa State branch.





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at the American University of Nigeria (AUN) in Yola.

Okutepa, the distinguished guest speaker at the Annual Lecture organized by Gabriel Adikwu & Co., deliveed a powerful presentation on “The Nobility of the Legal Profession in Nigeria” through a detailed PowerPoint display.

During the meeting, the Igala community expressed deep pride in Chief Jibrin Samuel Okutepa, SAN. selfless service to the Igala kingdom, acknowledging his significant contributions.

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A vote of confidence was also passed by the community, affirming their commitment to support Okutepa. in any future endeavors he undertakes on behalf of the Igala community.

On the delegation were Sir Joe Atabo, ICDA Zonal coordinator North East,l Mall Danlami Yahaya, the ICDA Chairman of Adamawa State, accompanied by his vice, Mr Anthony UKUMONU. With other respected Igala icon such as Dr Idris Omede (CON), among others.

Special prayers were offered for the amiable SAN. for continued success, divine favor, and protection.

The occasion was marked by a spirit of unity and gratitude towards chief Okutepa’ for his leadership and dedication to the Igala community.

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This engagement underscores the strong bonds between the Igala community and SAN Okutepa. highlighting a shared commitment to advancing the welfare and interests of the Igala people through legal advocacy and community service.

In response Chief OkutepaA. Prayed God to continue to unite  the igala community in Adamawa State and else where thanking them for the visit and enjoyed them to keep working as brothers and sisters.




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Abdulrahman Obaje

Abdulrahman Obaje
Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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Alleged N80.2billion Money Laundering: EFCC Declares Immediate Kogi Ex-Governor Yahaya Bello Wanted

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EFCC Declares Immediate Kogi Ex-Governor Yahaya Adoza Bello Wanted Over N80.2 Billion Fraud
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The Economic and Financial Crimes Commission, EFCC has declared the immediate Kogi State-ex-governor, Yahaya Adoza Bello, wanted over N80.2 billion financial crimes.

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EFCC wrote this on its verified social media handle on Thursday evening where the photograph of the former governor was displayed with the inscription ‘WANTED’, that “Former Kogi State Governor, Yahaya Bello, is wanted by the EFCC for offences relating to economic and financial crimes to the tune of N80.

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adsbygoogle || []).push({}); adsbygoogle || []).push({}); 2 Billion. Anybody with information as to his whereabouts should report immediately to the Commission or the nearest Police Station.”
EFCC Declares Immediate Kogi Ex-Governor Yahaya Adoza Bello Wanted Over N80.2 Billion Fraud

EFCC Declares Immediate Kogi Ex-Governor Yahaya Adoza Bello Wanted Over N80.2 Billion Fraud

Informavores recalls that Bello was billed for arraignment before a Federal High Court sitting in Abuja this Thursday, April 18, 2024.

EFCC spokesperson, Dele Oyewale, had said Bello was to be arraigned before Justice Emeka Nwite alongside three other suspects, Ali Bello, Dauda Suleiman and Abdulsalam Hudu on 19- count charges bordering on money laundering to the tune of N80, 246, 470, 088.88 (Eighty Billion, Two Hundred and Forty Six Million, Four Hundred and Seventy Thousand and Eight Nine Naira, Eighty Eight Kobo).

Bello’s arraignment is coming on the heels of a warrant of arrest and enrolment order granted the EFCC by the court on Wednesday, April 17, 2024.

Count one of the charges reads: That you, Yahaya Adoza Bello, Ali Bello, Dauda Suliman, and Abdulsalam Hudu( Still at large), sometime, in February, 2016, in Abuja within the jurisdiction of this Honourable Court, conspired amongst yourselves to convert the total sum of N80, 246,470, 088.88 (Eighty Billion, Two Hundred and Forty Six Million, Four Hundred and Seventy Thousand and Eight Nine Naira, Eighty Eight Kobo), which sum you reasonably ought to have known forms part of the proceeds of your unlawful activity to wit, criminal breach of trust and you thereby committed an offence contrary to Section 18(a) and punishable under Section 15(3) of the Money Laundering (Prohibition) Act, 2011 as amended”.

Count 17 of the charges read: “That you Yahaya Bello between 26th July 2021 to 6th April 2022 in Abuja within the jurisdiction of this Honourable Court aided E-Traders International Limited to conceal the aggregate sum of N3, 081, 804,654.00 (Three Billion, Eighty One Million Eight Hundred and Four Thousand Six Hundred and Fifty Four Naira) in account number 1451458080 domiciled in Access BankPlc, which sum you reasonably ought to have known forms part of proceeds of unlawful activity to wit, criminal breach of trust and you thereby committed an offence contrary to Section 18(a), 15(2) (d) of the Money Laundering (Prohibition) Act, 2011 as amended and punishable under Section 15 (3) of the same Act.

Count 18 of the charges reads: “That you Yahaya Adoza Bello sometime in November 2021 in Abuja within the jurisdiction of this Honourable Court indirectly procured E-Traders international Limited to transfer the aggregate sum of $570,330.00 (Five Hundred and Seventy Thousand, Three Hundred and Thirty Dollars) to account number 4266644272 domiciled in TD Bank, United States of America which sum you reasonably ought to have known forms part of proceeds of unlawful activity to wit, criminal breach of trust and you thereby committed an offence contrary to Section 15(2) (d) of the Money Laundering (Prohibition) Act, 2011 as amended and punishable under Section 15( 3) of the same Act”.

The Commission’s attempt to execute the Warrant of Arrest lawfully obtained against Bello met stiff resistance on Wednesday, April 17, 2024. The security cordon around the former governor’s residence in Abuja was breached by the current Governor of Kogi State, Usman Ododo who ensured that the suspect was spirited away in his official vehicle. As a responsible law enforcement agency, the EFCC exercised restraint in the face of the provocation, waiting for his arraignment on Thursday, April 18, 2024.

The statement further said that, “It is needful to state that Bello is not above the law and would be brought to justice as soon as possible.”

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