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2023 Elections: Why CBN Cashless Policy is Raising Dusts
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({}); js">
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.”
“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.”
“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.
“”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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Soludo’s Economic Blockade of Onitsha Is ‘Declaration of War’ Against Igbo People
A U.S.-based organization, The Rising Sun Foundation, alongside the global coalition for Biafra restoration, has warned Governor Charles Soludo of Anambra State, condemning his blockade of Onitsha’s business district and accusing him of betraying the Igbo people.
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In a statement released on Tuesday and signed by Dr. Maxwell Dede, representing The Rising Sun Foundation in the United States, the foundation described Soludo’s actions as “tyrannical” and a “flagrant betrayal” of promises he made four years ago to support a grand dialogue on the Igbo people’s future within or outside Nigeria.
“Governor Soludo stands accused of a profound and treacherous betrayal. Four years ago, he courted the support of Mazi Nnamdi Kanu and the aspirations of millions, publicly pledging to facilitate a grand dialogue for the Igbo people. Today, he actively persecutes the very people and principles that propelled him to power,” the statement said.
The group criticized the governor for deploying predominantly non-Igbo military and police personnel to blockade economic arteries, describing the move as “the act of a tin-pot dictator, not a democratic leader.”
It further claimed that the Onitsha crisis is “not a result of merchant disobedience but of gubernatorial failure and dictatorial impulse”.
“The governor is strangling the economic lifeblood of the people he swore to serve, shattering the fragile peace he claims to protect,” the foundation said.
It also condemned Soludo’s perceived comfort with the continued detention of Mazi Nnamdi Kanu by the federal government, calling it evidence that Soludo is “a politician of convenience, not conviction.”
The Rising Sun Foundation warned that any harm inflicted on peaceful protesters or merchants exercising their rights would be interpreted as “an open declaration of war against the Igbo people and their fundamental human rights. The blood will be on Soludo’s hands.”
The group added that the world should hold the Government House in Awka responsible for any breakdown of law and order, insisting that “Governor Soludo fired the first shot with this unjust and provocative blockade”.
“We are a peaceful people, but we say no more killings. The era of Igbo governors colluding to spill the blood of Igbo youths is over. We will not stand idly by and watch history repeat itself,” the statement said.
The foundation also announced it was initiating steps to have Soludo declared persona non grata internationally for what it described as gross violations of democratic norms and economic rights, asserting that “his welcome on the international stage will be rightfully rescinded.”
Calling on international observers, human rights organizations, and the Nigerian federal government to take action, the foundation said, “The siege on Onitsha must be lifted. The path to peace in the South-East is through justice, dialogue, and the release of Mazi Nnamdi Kanu—not through military barricades and economic suffocation.”
The group warned the governor, “Governor Soludo, you are at the brink. Pull back. Respect the people. Honor your forgotten promises. The world is watching.”
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New Year: Gov Ododo Calls for Unity, Commitment to Security of Lives, Properties
From Joseph Amedu, Lokoja
Governor Ahmed Usman Ododo of Kogi state has called for Unity of the people in complementing government’s efforts to tackle rising insecurity in the state.
The Governor also solicited people’s support through hard work, and sustained patriotism as his administration intensifies efforts to deliver people-oriented governance.
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Ododo who made the call in his New Year message to the people of the state, thanked Almighty God for protection and guidance throughout the past year, noting that the period tested the resilience of the people but also strengthened their collective resolve.
The Governor said that despite challenges, the state recorded modest but significant gains across key sectors, including security, infrastructure, education, healthcare, agriculture, and youth and women empowerment, attributing the progress to discipline, unity of purpose, and the cooperation of citizens.
According to him, the New Year presents renewed hope and a stronger resolve by his administration to do more through prudent resource management, inclusive governance, and policies aimed at improving the quality of life of the people, expanding opportunities for youths, empowering women, and strengthening the state’s economy.
Governor Ododo reaffirmed that security remains a top priority of his government, assuring residents of deeper collaboration with security agencies and community stakeholders to sustain peace across the state, stressing that meaningful development can only thrive in a secure environment.
He called on all Kogites to continue to reject division and embrace cooperation, describing the state’s diversity as a strength that must be harnessed to build a Kogi that works for everyone, both in urban and rural communities.
Reiterating his pledge to serve with integrity, transparency, and compassion, the Governor expressed optimism that the New Year would usher in shared prosperity and greater accomplishments for the state.
Governor Ododo also urged continued support for the Renewed Hope Agenda of President Bola Ahmed Tinubu, noting that the President’s reforms have strengthened the economy and expanded resources available to sub-national governments for development.
He wished the people of Kogi State a peaceful, prosperous, and fulfilling New Year, while praying for continued progress for the state and the nation.
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One Community, One Honour: Item Okpi Kingdom Celebrates Prof. Arunma Oteh’s Global Legacy
By Abdulrahman Aliagan,
The ancient town of Item in Bende Local Government Area of Abia State was agog on Tuesday, December 30, 2025, as the Item Development Association (IDA) Incorporated trustees hosted the 2025 Item Day Celebration, a historic edition specially designed to honour a single, outstanding personality — Chief, Prof.
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The celebration, held at the playground of Akanu Item Primary School, Akanu Item, was attended by top government officials, traditional rulers, community leaders, clergy, captains of industry and sons and daughters of Item from across Nigeria and the diaspora.
Themed “Building a Greater Item Through Collective Action: The Work Continues,” the 2025 Item Day marked a significant departure from previous editions that featured multiple awardees. This year’s event was deliberately structured around a single award and traditional honour, in recognition of Prof. Oteh’s exceptional contributions to the growth and development of Abia State, Nigeria, Africa and the global community.
A major highlight of the event was a Grand Civic Reception in honour of the Executive Governor of Abia State, His Excellency, Dr. Alex Chioma Otti, OFR, whose presence further underscored the importance of the occasion.
At the ceremony, the Item Development Association formally presented the Item Grand Merit Award to Chief Arunma Oteh, OON, describing her as a worthy daughter of the soil whose global achievements have brought immense honour to Item Okpi Ancient Kingdom, Abia State and Nigeria at large.
The award plaque cited her “distinguished leadership and transformative contributions to global development and in appreciation of the great honour this has brought to our community.”
Prof. Oteh was also specially celebrated for her consistent role as a global ambassador of the Amaba-Ukwu Item community, projecting its image positively across international platforms. This singular contribution, the organisers noted, was a key reason she was singled out for the prestigious award.
The event was chaired by Chief Ojay Obasi Eke (Udoka), with Chief Chukwuemeka Ogwo, MBA (Ugwuchukwuemere I of Item) serving as Co-Chairman.
Other dignitaries present were Hon. Dr. Ibekwe Nnamdi Chimdi, Member representing Bende North Constituency in the Abia State House of Assembly; Hon. Okwu Ukoha, Speaker of the Abia State House of Assembly; and Hon. Uwabunike Bassey, Executive Chairman (Mayor) of Bende LGA.
Traditional blessings were led by the Royal Father of the Day, HRH Eze Jerry Akpala Igwe (JP), Chairman of the Item Traditional Rulers Council, alongside HRM Eze Silas Okafor Igwe (JP), the Okpi of Item, and other royal fathers.
Religious leaders, including His Grace, Dr. Sunday Ndukwo Onuoha, Archbishop of Umuahia, also offered prayers for the community and the awardee.
The newly conferred Nwanne Ukwu Di Na Mba of Amaba-Ukwu Item, Abia State, Alhaji Chief Dr Ibrahim Mohammed Ajia, congratulated Prof. Arunma Oteh on the well-deserved honour.
He described her as a pride of Item and a shining example of what dedication, integrity and excellence can achieve, noting that her global impact has placed Amaba-Ukwu Item firmly on the world map.
He prayed for greater strength and wisdom for her to continue serving humanity and inspiring future generations.
In her acceptance speech, an emotional Prof. Arunma Oteh expressed profound gratitude to the Item Development Association, the people of Amaba-Ukwu Item, the traditional institution, the Abia State Government and all stakeholders who contributed to the success of the programme.
She pledged to continue projecting the image of her community globally, describing the honour as a renewed call to service.
Prof. Oteh urged sons and daughters of Amaba-Ukwu Item, Abia State and Nigeria at large to embrace courage, resilience and hard work, stressing that “the sky is only the beginning of success for those who dare to dream and work relentlessly.”
She thanked Governor Alex Otti for his support for community development initiatives and commended the leadership of IDA for sustaining the vision of unity, selfless service and progress captured in the association’s motto: “Faith in God and Selfless Service to Our People.”
A Historic Item Day led by Dr. Cyril Onyekachi O. Kalu, President of IDA, and Ambassador Dr. Anthony Chukwudum Okorie, Chairman, Board of Trustees, the 2025 Item Day Celebration has been widely described as historic — not only for honouring one of Item’s most illustrious daughters, but also for reaffirming the community’s commitment to collective development and global relevance.
For many attendees, the celebration was more than an award ceremony; it was a statement of identity, pride and a renewed resolve to build a greater Item for generations yet unborn.
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