Angry bank customers burned tyres and blocked streets in Ibadan on Wednesday in protests over the scarcity of naira cash.SAHEL gathered that the protesters first converged on the Eleyele junction, in the Ibadan North West Local Government Area of the state. The protesters blocked the ever-busy Eleyele-Ologuneru-Eruwa road, causing gridlock around the Eleyele-Ijokodo-Sango-Poly road.A similar…
The Apex Court sitting in Abuja on Wednesday adjourned a hearing in the suit banning the use of the old naira to Wednesday, 22nd February 2023.The three states filed the suit against the Federal Government seeking a restraining order to stop the full implementation of the naira redesign policy of the Central Bank of Nigeria.In…
The Speaker of the House of Representatives, Mr Femi Gbajabiamila, has ascribed the current fuel and naira scarcity to the activities of saboteurs.He said this in Lagos on Tuesday, during the launching of the second phase of a transport initiative called “Gbaja ride.” The News Agency of Nigeria reports lthat 35 low-fare buses that would…
Nigerians have continued to experience scarcity of the naira notes since the January 31 deadline issued by the Central Bank of Nigeria, CBN, on the swap of the currency. The CBN had earlier set a January 31 deadline for the use of the old naira notes. It was later extended to February 10. However, following…
Abuja Chamber of Commerce and Industry (ACCI) has appointed Mr Chidiebere Onwumere as the new Executive Director of the Policy Advocacy Centre of the Chamber. Mr Onwumere, a professional in media and marketing is the co-founder of Brandmarks Communications Limited, one of Nigeria’s leading Strategy and Communications Consultancy firms in Nigeria. For over two decades,…
No Revenue Contract was Awarded by Us-Osun State Revenue Committee The Revenue Committee of the Osun State Government has debunked fake news of award of contracts against due process, affirming that the committee is not a contract awarding committee. In a statement signed by the Secreatary of the Revenue Committee, Solanke-Hamzat, the committee described the…
The Osun Union Leaders in Osun state, has commended the state government under the administration of Gov. Adeleke, that he has met 85% of their requests so far. According to a press release received by Sahel reporter, it reads : “The Executive Governor of Osun State, Senator Ademola Adeleke has restated his commitment to the…
Kano State government has warned that it would not hesitate to revoke the operational licenses of significant business owners or take action on anyone who refuses to accept the old naira notes as a means of transaction. Governor Abdullahi Umar Ganduje, who handed down the warning in a statement issued by the commissioner for information…
Abuja Chamber of Commerce and Industry (ACCI) has appointed Mr Chidiebere Onwumere as the new Executive Director of the Policy Advocacy Centre of the Chamber.Mr Onwumere, a professional in media and marketing is the co-founder of Brandmarks Communications Limited, one of Nigeria’s leading Strategy and Communications Consultancy firms in Nigeria. For over two decades, Mr…
(Dr. Bakary Sambe)This interview with Dr. Bakary Sambe is the long version of an interview given to the French online magazine Le Point Afrique in early February 2023 which was conducted by the eminent journalist specializing in strategic issues, Malick Diawara. Among other issues related to the burning news in the Sahel and West Africa,…
