TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Opposition politicians against new naira deadline extension – Fed Govt

The Editor by The Editor
February 7 2023
in Headlines, Latest News
A A
0
Pres. Buhari under pressure to end fuel, naira crises
22
SHARES
734
VIEWS
Share on FacebookShare on Twitter

The Federal Government, on Tuesday, slammed opposition political parties that went to court to restrain the President Muhammadu Buhari from stopping, extending or interfering with the naira swap deadline date.

It also accused the parties of politicising the situation, stressing that they were not mindful of the plight of Nigerians due to the cash crunch.

The new naira initiative is a policy of the Federal Government.

On Monday, 14 political parties threatened to boycott the February 25 election should the Central Bank of Nigeria extend the February 10 deadline for the currency swap which it had earlier announced.

Also, a High Court of the Federal Capital Territory restrained the President, the CBN, its Governor Godwin Emefiele and 27 commercial banks from suspending, stopping, extending or interfering with the currency swap terminal date.

The order was handed down on Monday by Justice E. Enenche following an application by four political parties.

Reacting to this, while speaking at the 23rd edition of the PMB Administration Scorecard Series (2015-2023), which featured the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development in Abuja, the Minister of Information and Culture, Lai Mohammed, said the action by the political parties was unscrupulous.

He said, “Recall that after his (Buhari’) meeting with the Progressives Governors’ Forum on Friday, President Buhari urged the citizens to give him a seven-day window to resolve the currency crunch that has emanated from the implementation of the naira redesign policy.

“Unfortunately, on Monday, some opposition political parties ran to court to obtain an injunction restraining Mr President and the CBN from extending the February 10 deadline for Nigerians to exchange their old notes for new ones.”

Mohammed said the court action came after a number of opposition parties threatened to boycott the 2023 general election if the deadline was extended.

He added, “These curious actions by the parties concerned are a clear evidence that the opposition has turned this whole issue into a political game, preferring to make Nigerians suffer more on the altar of an unconscionable political gamesmanship.

“Or how else can one explain the fact that these unscrupulous opposition parties do not want any action
that could reduce the pains being experienced by Nigerians?

“How else can one explain the fact that they have decided to legally hamstring Mr President, in particular, from providing any relief for Nigerians suffering from the cash crunch?”

He argued that it was bad politics when one puts the interest of desperate political parties over and above that of Nigerians.

He, however, stated that despite the antics of the opposition, the government was willing and able to take decisive steps to bring succour to Nigerians in the shortest possible time.

Mohammed said the Federal Government was mindful of the inconveniences currently being endured by the citizens as a result of fuel supply disruptions and the recent redesigning of some naira notes.

“Government is working assiduously to restore normalcy to these critical enablers of economic activity and to take added measures, where necessary, to alleviate the pains of Nigerians,” the minister stated.

Share9Tweet6
Previous Post

Again, gunmen attack CUPP spokesperson

Next Post

New naira: Presidency cancels Buhari’s meeting with governors

Related Posts

Gov. Peter Mbah defects to APC
Headlines

Gov. Peter Mbah defects to APC

October 14 2025
Council of State approves Amupitan as new INEC chairman
Governance

Tinubu asks Senate to confirm Amupitan as INEC chair

October 14 2025
BREAKING: FG enforces no-work-no-pay on striking ASUU members
Headlines

BREAKING: FG enforces no-work-no-pay on striking ASUU members

October 13 2025
Renowned evangelist Uma Ukpai dies at 80
Latest News

Renowned evangelist Uma Ukpai dies at 80

October 13 2025
You can’t give students loans in a broken economy — ASUU President, Piwuna
Headlines

ASUU rejects FG proposal, begins two-week strike

October 13 2025
You can’t give students loans in a broken economy — ASUU President, Piwuna
Latest News

Varsity lecturers begin strike Monday

October 12 2025
Next Post
Pres. Buhari gives self pass mark

New naira: Presidency cancels Buhari's meeting with governors

Naira, fuel scarcity: Ogun youths attack banks as protests escalate

Naira, fuel scarcity: Ogun youths attack banks as protests escalate

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Birnin Gwari needs urgent federal intervention – Emir tells Tinubu

Birnin Gwari needs urgent federal intervention – Emir tells Tinubu

by The Editor
October 13 2025
0

...

Rivers court adjourns hearing on LG poll legitimacy

Rivers court adjourns hearing on LG poll legitimacy

by The Editor
September 16 2025
0

...

Osun households get free food items

Osun League of Imams & Alfas urges Tinubu to intervene in LG withheld funds

by The Editor
August 27 2025
0

...

Withheld allocations: Osun State drags FG to Supreme Court

Withheld allocations: Osun State drags FG to Supreme Court

by The Editor
August 27 2025
0

...

APPOINTMENTS

Fubara drops Danagogo, appoints Anabraba as Rivers SSG

Fubara drops Danagogo, appoints Anabraba as Rivers SSG

by The Editor
October 13 2025
0

...

Savannah Energy signs agreement with Chadian govt for new renewable energy projects

Savannah Energy announces board changes, appoints two Nigerians as Independent Non-Executive Directors

by The Editor
October 9 2025
0

...

Speaker Abbas swears in three new House members

Speaker Abbas swears in three new House members

by The Editor
October 8 2025
0

...

May Agbamuche-Mbu takes over as new INEC acting chair

May Agbamuche-Mbu takes over as new INEC acting chair

by The Editor
October 8 2025
0

...

ODDITIES

Soldier kills wife, commits suicide in Niger State

Soldier kills wife, commits suicide in Niger State

by The Editor
October 13 2025
0

Maryam Sanda gets presidential pardon after conviction for killing husband

Maryam Sanda gets presidential pardon after conviction for killing husband

by The Editor
October 12 2025
0

Police clear Pastor Adefarasin of viral firearm allegation

Police clear Pastor Adefarasin of viral firearm allegation

by The Editor
September 17 2025
0

GLOBAL NEWS

Cameroon’s opposition candidate Tchiroma declares victory in presidential vote

Cameroon’s opposition candidate Tchiroma declares victory in presidential vote

by The Editor
October 14 2025
0

...

Trump signs order extending China tariff truce by 90 days

Trump considers peace deal with Iran

by The Editor
October 13 2025
0

...

Trump, Al-Sisi to chair Gaza peace summit in Egypt

Trump, Al-Sisi to chair Gaza peace summit in Egypt

by The Editor
October 12 2025
0

...

Cameroon holds presidential poll as Biya readies for 8th term

Cameroon holds presidential poll as Biya readies for 8th term

by The Editor
October 12 2025
0

...

China gives conditions for U.S tariff talks

Trump threatens new 100% tariff on Chinese imports

by The Editor
October 12 2025
0

...

State of the States

Zamfara APC condemns state govt’s mass sacking of civil servants

Zamfara APC condemns state govt’s mass sacking of civil servants

by The Editor
October 14 2025
0

...

Gov. Otti set to build modern fire station in Umuahia

Gov. Otti set to build modern fire station in Umuahia

by The Editor
October 7 2025
0

...

Senator denies bill to rename Kaduna to Zazzau State

Kaduna State pays ₦72,000 minimum wage

by The Editor
September 18 2025
0

...

Gov. Mbah designates Udi, Nkanu West, Nkanu East, Nsukka LGAs as urban areas

Miyetti Allah commends Enugu Govt over peaceful intervention in herders’ attack

by The Editor
September 16 2025
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
IMF warns Nigeria to curb inflow of illicit funds

IMF warns Nigeria to curb inflow of illicit funds

October 14 2025
The killings in the South East – Thisday

The killings in the South East – Thisday

October 14 2025
Nigeria, Benin Republic in Winner-Takes-All battle in Uyo

Nigeria, Benin Republic in Winner-Takes-All battle in Uyo

October 14 2025
Zamfara APC condemns state govt’s mass sacking of civil servants

Zamfara APC condemns state govt’s mass sacking of civil servants

October 14 2025

EDITORIAL REVIEW

The killings in the South East – Thisday

The killings in the South East – Thisday

by The Editor
October 14 2025
0

IOCs: Implement host communities’ projects – Punch

IOCs: Implement host communities’ projects – Punch

by The Editor
October 13 2025
0

Don’t arm FRSC – Punch

Don’t arm FRSC – Punch

by The Editor
October 10 2025
0

FG denies renaming Murtala Muhammed Way, Abuja after Soyinka

Modernise FCT transport operations – Punch

by The Editor
October 8 2025
0

Is the worst over in Nigeria? – Punch

Is the worst over in Nigeria? – Punch

by The Editor
October 7 2025
0

Opinion

Objections over presidential pardon for grave offenders

Objections over presidential pardon for grave offenders

by The Editor
October 13 2025
0

...

1975 public service purge: What have we learnt?

1975 public service purge: What have we learnt?

by The Editor
September 30 2025
0

...

Tinubu finds his own demons

Nigeria’s state of weakness

by The Editor
September 18 2025
0

...

#ENDSARS: A wakeup call for Nigerian media

Passport hikes and burden of multiple means of identification crisis in Nigeria

by The Editor
September 16 2025
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2024 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2024 TheCitizen Ng. All Rights Reserved.