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Envy stopped Abiola from emerging president, says Obasanjo

Peter Obi, Obasanjo, lecturers
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Former President Olusegun Obasanjo has said that he became who he is today due to the moral virtues and sound education impacted on him by the Baptist Boys High School, Abeokuta, Ogun State.

Apart from him, Obasanjo stated that the school shaped others such as the late sage, Obafemi Awolowo; the winner of June 12, 1993 presidential election, MKO Abiola; and a former Judge of the International Court of Justice, Bola Ajibola, among others.

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Obasanjo said this on Wednesday in Abeokuta while delivering a lecture, “Eyin Ni Iwe Wa: You Are Our Epistle,” at the centenary celebrations of the school.

The event was organised by the Old Boys Association of the BBHS.

Apart from education, the 100-year-old school, according to Obasanjo, has instilled godly virtue in all of its products at various times.

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“Without BBHS, I would not be who I am,” Obasanjo said.

He said the BBHS would have had Abiola as another former president, but ‘bad belle’ prevented him from becoming president.

‘Bad belle’ is an expression from pidgin, commonly used in Nigerian English.

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In the metaphorical sense ‘bad belle’ stands for envy or jealousy.

Abiola won the 1993 presidential election but the then-military dictator, Ibrahim Babangida, annulled the election before he was formally declared the winner.

In 1994, he was arrested and detained in prison on charges of treason after declaring himself President based on the outcome of the election.

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Abiola died in detention on July 7, 1998.

Obasanjo said, “Today, there are distinguished old boys in all walks of life, that is the private sector, academia, the military and paramilitary, civil society, traditional rulership, etc. Such is the present President of the Old Boys Association of BBHS, Prof. Kayode Oyesiku.

“If not for Nigerian bad belle, M.K.O. Abiola would have been President, and with me as President, we would have needed one more old student of BBHS to be President for us to permanently locate it in BBHS after three times. And that is a challenge for the up-and-coming generations of old boys.

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“What all these great products of BBHS have in common is godly virtue inculcated in them by the school. That was education plus.

“We carry it everywhere we go as an epistle written by BBHS to our families, our communities, our states, our country, our continent of Africa, and indeed our world.

“In conclusion, the class of 1979–84 had beautifully constructed the gate and road into the school. They also granted me the pleasure of making a financial contribution to that laudable effort.

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They had offered to name the road after me, for which I thanked them, but I had craved their indulgence, to which they have agreed to name the road after E. L. Akisanya, and the road becomes E. L. Akisanya Road and the gate E. L. Akisanya Gate.”

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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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