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

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.

Previous Post

Again, gunmen attack CUPP spokesperson

Next Post

New naira: Presidency cancels Buhari’s meeting with governors

Related Posts

FG introduces USSD code for loans covering food, solar, others
Headlines

FG introduces USSD code for loans covering food, solar, others

November 2 2026
Ebola: Reps demand immediate release of health emergency funds
Headlines

NCDC identifies two suspected Ebola cases in North-East

October 31 2026
Tinubu jets to Makkah for Umrah
Governance

Tinubu jets to Makkah for Umrah

October 29 2026
Army graduates 384 female soldiers
Latest News

Army graduates 384 female soldiers

October 29 2026
Uzodimma defeats Okorocha in Imo APC senatorial primary
Headlines

Court nullifies Uzodimma’s Senate ticket

October 29 2026
Tinubu writes Senate, seeks $20.5bn, €1.04bn foreign loans to fund projects
Headlines

Tinubu writes Senate, seeks $20.5bn, €1.04bn foreign loans to fund projects

October 27 2026
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

Fasoranti: Family announces Dec 17 for funeral

Fasoranti: Family announces Dec 17 for funeral

by The Editor
October 23 2026
0

...

Ooni, Omisore mourn Afenifere leader Fasoranti

Ooni, Omisore mourn Afenifere leader Fasoranti

by The Editor
October 21 2026
0

...

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

APPOINTMENTS

Enugu APC releases updated campaign council list

by The Editor
October 31 2026
0

...

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

by The Editor
October 22 2026
0

...

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

ODDITIES

US pastor marries second wife, says monogamy unbiblical

US pastor marries second wife, says monogamy unbiblical

by The Editor
October 26 2026
0

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

US engineer caught on camera poisoning colleague’s water bottle

US engineer caught on camera poisoning colleague’s water bottle

by The Editor
October 12 2026
0

GLOBAL NEWS

Russia agrees to ban recruitment of Ghanaian nationals for Ukraine war

Russia agrees to ban recruitment of Ghanaian nationals for Ukraine war

by The Editor
November 2 2026
0

...

Britain shouldn’t apologise for slave trade; Africa profited, says Kemi Badenoch

Britain shouldn’t apologise for slave trade; Africa profited, says Kemi Badenoch

by The Editor
November 2 2026
0

...

UK to charge varsities $1,200 per Nigerian, other foreign student from 2028

UK to charge varsities $1,200 per Nigerian, other foreign student from 2028

by The Editor
October 27 2026
0

...

Trump seeks US ban for Norwegians over Nobel Peace Prize snub

Trump seeks US ban for Norwegians over Nobel Peace Prize snub

by The Editor
October 27 2026
0

...

Netanyahu orders army to prepare for full West Bank closure after attack

Netanyahu orders army to prepare for full West Bank closure after attack

by The Editor
October 23 2026
0

...

State of the States

Delta SUBEB denies N13.4bn unspent funds claim

Delta SUBEB denies N13.4bn unspent funds claim

by The Editor
October 31 2026
0

...

Ogun State mulls relocation of communities over gas leak

Ogun State mulls relocation of communities over gas leak

by The Editor
October 23 2026
0

...

Gombe confirms cholera outbreak, treats 74 patients

Gombe confirms cholera outbreak, treats 74 patients

by The Editor
October 21 2026
0

...

Ogun pensioners demand gratuities, pension increases

Ogun pensioners demand gratuities, pension increases

by The Editor
October 9 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
PGF denies report of Uzodimma’s removal as chairman

Why Enugu will vote for APC candidates in 2027 – Gov. Mbah

November 2 2026

Gov. Otti Judo Tourney begins in Umuahia

November 2 2026
Police probe discovery of beheaded teenager’s body in Cross River

Police probe discovery of beheaded teenager’s body in Cross River

November 2 2026
National Assembly proposes more legislative seats for women

National Assembly proposes more legislative seats for women

November 2 2026

EDITORIAL REVIEW

Nigeria’s damning food affordability crisis – Punch

Nigeria’s damning food affordability crisis – Punch

by The Editor
November 2 2026
0

Four states hold high-level talks to tackle insecurity

Boko Haram compounding Nigeria’s case – Punch

by The Editor
October 23 2026
0

Nigeria’s inflation rate falls to 15.43% in July

Economic stability must become shared prosperity – Punch

by The Editor
October 22 2026
0

Nigeria’s vote-buying scourge – Punch

Nigeria’s vote-buying scourge – Punch

by The Editor
October 21 2026
0

Perils of LG Electoral Commission – Punch

Yes, voters, not courts, must decide elections – Punch

by The Editor
October 20 2026
0

Opinion

NAFDAC mops up Europharm products nationwide

What is a Nigerian’s life worth?

by The Editor
November 2 2026
0

...

Blackouts: Broken promises, powering failure – Punch

The revenge of Band A

by The Editor
October 27 2026
0

...

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 2026
0

...

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

© 2026 TheCitizen Ng. All Rights Reserved.

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

© 2026 TheCitizen Ng. All Rights Reserved.