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Atiku: ‘I Am Prepared To Be Jailed’, Keyamo Heads To Court

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A spokesperson for the Presidential Campaign Council of the All Progressives Congress (APC), Festus Keyamo has vowed to sue the flag bearer of the Peoples Democratic Party (PDP), Atiku Abubakar over alleged money laundering and related offences.

“I am going to court. If they (PDP) wish this thing away, it won’t go away,” Keyamo, a serving Minister of State for Labour and Employment, said on Channels Television’s Politics Today programme on Tuesday.

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In a viral video, a whistleblower, one Michael Achimugu alleged that Atiku used Special Purpose Vehicles to usurp funds as vice-president between 1999 and 2007.

Keyamo and the APC campaign council subsequently petitioned the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and other related Offences Commission (ICPC), and the Conduct of Conduct Bureau (CCB) and gave them 72 hours to arrest the former vice president over corruption allegations.

A spokesman for Atiku’s campaign, Dino Melayo later described the allegations against his principal as a fairy tale, adding that the council won’t engage the APC on the matter.

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However, Keyamo said, “We will know whether there is fairytales when we get to court.

“In the case when they challenged my principal (Bola Tinubu), when they brought up dead documents from the US, I said go to court. Come out with your full chest and go to court. Up until today they ran away. I am going to court. If they wish this thing away, it won’t go away.”

The Senior Advocate of Nigeria said he is prepared to face persecution if Atiku wins the February 25, 2023 presidential poll but said he would go to court.

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“Whether Atiku Abubakar wins or not (of course, I know he is not going to win), I’m prepared to face persecution under his government. I am prepared to go to jail, I am prepared to be charged even if he wins the election,” he said.

He also said the country deserves to recover all funds allegedly diverted because they are public funds.

“The Nigerian people deserve justice on this issue. Every single money that was paid into that Marine Float Account must be recovered from whoever is the person.

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Nigeria must recover its money. Money paid into that account was public funds,” he stated.

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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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