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Court Discharges Man After 9 Years Awaiting Trial

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Hon. Justice Rahman Adesola Oshodi sitting at the Ikeja Division of the High Court of Lagos State today discharged Muideen Bilau after nine (9) years of remand at the Kiri Kiri Medium Correctional Centre.

Muideen Bilau was arrested on 5th of April, 2014 around Igando area of Lagos State where he paid visit to one of his friends from his hometown of Oyo, Oyo State and was arraigned on Monday, 14th of April, 2014 before HIS HONOUR T. A. ELIAS (CM II) at Court 5, Abule Egba, Ikeja Magisterial District, for an alleged offence of defilement and later remanded in the Kiri Kiri Medium prison, now correctional centre.

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He was discharged on the application of his team of Lawyers led by Yusuf Temilola NURUDEEN, Esq. who moved the Court relying on the provisions of Section 232 (1) (b) of the Administration of Criminal Justice Law of Lagos State 2015 (2021 as amended), Section 35(4) and 36(4) of the 1999 Constitution of the Federal Republic of Nigeria (as amended).

Yusuf in praying the Court to discharge the Defendant informed the Court that the Defendant had since been remanded in the prison now correctional centre since 14th of April, 2014, without trial.

As a matter of fact, the state preferred information against the Defendant sequel to his application for the enforcement of the Defendant’s fundamental rights instituted the Federal High Court filed on 21st of May, 2020. He said the information preferred 16th of July, 2020 was an afterthought.

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That Hon. Justice T. G. Ringim of the Federal High Court delivered judgment on 14th of September, 2021 based on the fact that the State had preferred information against the Defendant before a Court of competent jurisdiction.

That since the arraignment of the Defendant on 30th of September, 2021, the prosecution had failed to bring any of the Six (6) witnesses listed in the information even when the Court has ordered accelerated hearing and witness summons.

In response to the application of the Defendant’s Counsel, the prosecution Counsel Inumidun Okeowo left the issue to the discretion of the Court

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In the well-considered ruling, Justice R. A. Oshodi held that this a case where the Court will invoke its inherent powers and the provisions of Section 232(1)(b) of the Administration of Criminal Justice Law of Lagos State 2015 (2021 as amended), Section 35(4) and 36(5) of the 1999 Constitution of the Federal Republic of Nigeria (as amended). The Court discharged the Defendant.

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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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