President Muhammadu Buhari has met privately with the Chairman of the Nigeria Governors’ Forum, Aminu Tambuwal; and the Chairman of the Progressives Governors’ Forum, Atiku Bagudu over the scarcity of the three naira notes. Also in attendance at the meeting was the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele; the Chairman […]

  The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, Sola Obadimu, says the Central Bank of Nigeria should have introduced a N5,000 note rather than redesigning the old notes. Obadimu said this in an interview with the News Agency of Nigeria in Abuja on Monday. He said while the […]

  The Peoples Democratic Party presidential candidate, Atiku Abubakar, on Wednesday, asked the Central Bank of Nigeria not to grant a further extension after February 10 deadline for naira swap. This, he said, had become imperative to ensure the purpose and objective of initiating the redesigning of the currency are not destroyed. In a statement […]

  The Arewa Consultative Forum (ACF) has said that the best way for the Nigerian National Petroleum Company Limited (NNPCL)to make fuel readily available to Nigerians is for the subsidy to be completely removed. Secretary-General of the ACF, Murtala Aliyu said in an interview said, frowning at the idea of borrowing money to pay for […]

  Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has said that the federal government will not rescind the deadline for the expiration of old notes. Emefiele, addressing pressmen on Saturday, stated that reports had shown that the public wanted an extension of the January 31 deadline but the apex bank would not […]

  Former Minister of Information, Prof. Jerry Gana, has asked the Federal Government to put an end to the ongoing fuel shortages and price hikes in the country. Gana said the avoidable long queues in the filling stations are unacceptable and no longer tolerable. He said this in Akure, the Ondo state capital, during the […]

  The governor of Benue State, Samuel Ortom, has revealed that despite his position, he has yet to see the new naira notes. He said this on Wednesday as he backed calls for the extension of the deadline for changing the old naira notes to the redesigned ones. Ortom said he was concerned about the […]

  The Federal Government is meeting with operators in the midstream and downstream oil sector as part of measures towards developing strategic stock for Premium Motor Spirit, popularly called petrol, in key locations across the country. It said the national strategic stocks would help in addressing the recurring fuel scarcity in Nigeria, as it also […]

  As the petrol scarcity across the country continues to linger, oil marketers have accused the Nigerian National Petroleum Company Limited of politicising the supply process and making vain promises. The oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria claimed they had get fuel, despite the assurances from the Managing […]