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All naira notes remain legal tender, CBN insists

The Central Bank of Nigeria (CBN) has directed all its branches across the country to continue to issue different denominations of the old and redesigned banknotes in adequate quantities to deposit money banks.

The apex bank has also maintained that every banknote that it has issued remain legal tender and should not be rejected by anyone.

In a statement made available to the media yesterday, CBN’s Director of Corporate Communications, Isa AbdulMumin,  said the old naira notes should not be rejected, as they will be issued alongside redesigned banknotes in adequate quantities to banks for the benefit of their customers.

“Our attention has again been drawn to reports of a scarcity of cash across some major cities in the country despite assurances of sufficient cash stocks in all locations across the country.”

“There have also been reports of anxiety among some members of the public over the legality or otherwise of old Naira banknotes.

“For the avoidance of doubt, while reiterating that there are sufficient banknotes across the country for all normal economic activity, we wish to state unambiguously that every banknote issued by the Central Bank of Nigeria (CBN) remains legal tender and should not be rejected by anyone, as stipulated in Section 20(5) of the CBN Act, 2007.”CBN said.

Owerri: Inward, outward flights disrupted over NLC President’s attack
 
Aviation unions in Nigeria have directed the withdrawal of all flights to Owerri, Imo State, following the brutal attack of the Nigeria Labour Congress (NLC) President, Joe Ajaero, in the state capital last week.

The National Union Of Air Transport Employees (NUATE), Air Transport Services Senior Staff Association of Nigeria (ATSSSAN), Association of Nigeria Aviation Professionals (ANAP) and the National Association of Aircraft Pilots And Engineers (NAAPE) made the declaration in a joint statement.

The joint statement by their General-Secretaries, including Comrades Ocheme Aba; NUATE, Frances Akinjole; ATSSSAN, Abdul Rasaq Saidu; ANAP and Umoh Ofonime, NAAPE, also banned from all airports Governor Hope Uzodimma, describing him as persona non grata in these places.

The statement read: “Following the escalation of the imbroglio created by the mayhem unleashed on workers by the Imo State Government of Hope Uzodimma and the continued insensitivity of the government over the matter; and in compliance with the directive of the joint NEC session of the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC), the above-named unions, being affiliates of NLC and TUC, hereby direct all aviation workers (both public and private) to withdraw all services to all Owerri flights (inwards and outwards) from any airport in Nigeria with effect from midnight of 08/11/2023 (yesterday).

“In addition, the person of Hope Uzodimma, the Governor of Imo State is hereby declared persona non grata at all airports in Nigeria until he purges himself of bestial tendencies.

“Our unions will make further efforts through our international affiliations to blacklist Hope Uzodimma worldwide.

“Furthermore, all aviation workers in Sam Mbakwe International Cargo Airport, Owerri are hereby directed to stay at home, also with effect from midnight today (08/11/2023) as directed by NLC and TUC.

“Based on the above, the state councils and all branches of the unions will meet today at 5 pm in Lagos and Abuja to agree on modalities for carrying out the above directive. The meeting in Lagos will be held at NUATE Secretariat, while that of Abuja will be at GAT (pilgrims’ terminal).

“By this notice, the airports’ managements, airlines operating into and out of Owerri, intending airport passengers into and out of Owerri, and the general public are hereby advised about this situation so as to be forewarned.”

The strike action is indefinite until otherwise directed by NLC and TUC, the unions said.

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