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Don’t be blinded by power, Jonathan tells politicians

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Former President Goodluck Jonathan has called on the political class to allow the judiciary carry out its constitutional functions, saying society is dynamic.

He made the call during the book presentation/reception that concluded a week-long activities marking the retirement of the Bayelsa State Chief Judge, Justice Kate Abiri, in Yenagoa on Friday.

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Jonathan acknowledged the critical role Justice Abiri played when she swore in the Rivers State Governor, Nyesom Wike, thus averting a constitutional crisis.

Advising politicians not to be blinded by the power they wield, the former President also cautioned judicial officers to strive to be impartial and courageous in upholding the rule of law which, he noted, was significant in the delivery of justice.

Jonathan said, “I advise politicians that while in office, let us not try to blackmail the judiciary because it is conservative. When we get political power, we get so blinded. Politicians should know that society is changing.

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“Today, we are celebrating our retiring Chief Judge because she has served meritoriously. In 2015, she left Bayelsa for Rivers to perform the swearing-in of the governor thereby averting anarchy. It appears that the judicial arm is more functional than the executive.”

In his remarks, the Bayelsa State governor, Douye Diri, congratulated Justice Abiri for her outstanding achievements, noting that during her 15-year term as Chief Judge, she swore in three governors in Bayelsa and one in Rivers.

Diri described Abiri as a legal icon, who rendered unblemished and meritorious service in three decades of legal practice, adding that the state would still require her services due to her commitment and wealth of experience.

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Chairman of the occasion and chairman of the Body of Benchers, Wole Olanikpekun (SAN), lauded Abiri as an elegant, brilliant and hardworking jurist, who represents the best in the legal profession.

Three books were unveiled at the event which include, “Kate Abiri: Footprints on the Bench,” “Judges and Judging in Nigeria” and “Bayelsa State Law Reports: Volume One.”

In her response, Justice Abiri expressed appreciation particularly to the Bayelsa State governor for making her experience under his administration seamless, owing to the financial autonomy he introduced.

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JUST IN: IMF ask CBN to extend Feb 10 deadline for old naira notes

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By Francesca Iwambe

The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to extend the February 10 deadline for the use of old naira notes if the difficulties in getting new notes persist.

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According to the IMF, the call become necessary as the development had led to the disruptions to trade and payments due to the shortage of new noted in the bank.

The call was contained in a statement made available to journalists on Wednesday.

“In light of hardships caused by disruptions to trade and payments due to the shortage of new bank notes available to the public, in spite of measures introduced by the CBN to mitigate the challenges in the banknote swap process, the IMF encourages the CBN to consider extending the deadline, should problems persist in the next few days leading up to the February 10, 2023 deadline,” the statement reads.

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BREAKING: Supreme Court suspends February 10 deadline for naira swap

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By Francesca Iwambe, Abuja

The Supreme Court of Nigeria has restrained the Central Bank of Nigeria (CBN) and Federal Government from ending the legal tender statuses of old N200, N500 and N1000 banknotes on February 10, 2023.

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The apex court made the order following the suit filed by three State governments challenging the Naira swap policy.

Recall that governments of Kaduna, Zamfara and Kogi States had approached the Supreme Court seeking an order to stop the policy.

Naijablitznews.com will bring you more details shortly

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CBN captures more Communities as currency swap is continuous in Taraba

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Emmanuel Awari-Jalingo

The Central Bank of Nigeria (CBN), on Friday extend her currency swap exercise to more Communities of Yorro, Ardo-Kola and Ibi local government areas of Taraba state.

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The Director Financial System Strategy, Central Bank of Nigeria, Ibrahim Hassan who disclosed this to our correspondent in Jalingo said, the development was in continuation of the CBN initiative targeted at ensuring that all rural dwellers in Taraba have their old naira notes swapped to new ones or deposited in banks before the extended CBN deadline for currency swap.

Hassan noted that the currency Swap Initiative was to help save communities who do not have access to bank, swap their old naira notes to the new notes.

“Just as we have been doing to ensure that people in the rural Communities of Taraba who do not have access to Bank have their old naira notes swap to new ones. CBN delegation have been drafted to more Communities of Yorro, Ardo-Kola and Ibi local to ensure success of the initiative.

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“CBN delegation for Yorro is led by Mr Jackson Imandi, the Deputy Director, the one Ardo-Kola is led by Mr. Kazeem Olatinmu while the one in Ibi local government is been led by the CBN Head of Banking Services in Taraba State, Hayatu Yahaya Shehu to ensure the villagers gain advantage of the Ten days extension for the currency swap” Hassan explained.

When contacted, the chief of Mumuye in Yorro local government, Ado Adamu Manang, that of Ibi, Abubakar Salihu Danbaw and some beneficiary of the exercise in Ardo-Kola local government, Mohammed Musa, Hafsatu Babangida and Isa Mahmud, commended the central Bank of Nigeria for the exercise as it was the best for villagers and promised to help create massive awareness for people to swap their old naira notes to the new ones.

According to them, businesses were already collapsing as people were no longer accepting the old naira notes even before the extended window.

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