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No going back on new naira notes, says CBN Governor after briefing Buhari

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The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, Thursday briefed President Muhammadu Buhari on the new Naira in Daura and announced that there is no going back on the issuance of the new bank notes, as part of the CBN cashless policy.

Legislators in the National Assembly have expressed some concerns about the policy but the CBN boss said that it was in the interest of the Nigerian economy and should be supported by well-meaning members of the Nigerian public.

According to Mr. Emefiele, the Nigerian payment system has been deepened enough for the cashless policy, announced about 10 years ago.

New Naira Notes

He told journalists in an interview after the visit, “I am visiting the President to brief him as part of the normal briefing that we do.

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“I have come to brief the President on what is happening at the Central Bank and the economy in general. Issues bordering on the new currency. Mr. President is happy with us and told us to carry on with our work, no need to fear, no need to worry about anybody.

“Only yesterday, the new currency reached the banks and we expect the banks to begin to distribute it to members of the Public who are their customers.”

Asked if the CBN would change the policy given the concerns expressed by the federal legislators, Mr. Emefiele said, “I am aware that they have asked for some briefings and we will brief them.

“But it is important for me to say that the policy started in 2012 but we had to step down the policy three or four times because we felt that there was need for us to deepen our payment system in Nigeria.

“Between 2012 and now, we believe that a lot of the electronic channels have been put in place to help people in conducting banking business in Nigeria.

“In rural areas , we have 1. 4 million Super Agents in all LGs. We will publish the names of all these Super Agents on CBN website.

“We need to lip frog the cashless policy. We will not allow the situation where over 85 percent of the cash that is in circulation is outside the banking system.

“More and more countries, have gone into cashless . This is not targeted at anybody. It is just for the good of the Nigerian economy, and we can only appeal to Nigerians to see this policy the way we have presented it.

“We will be reviewing it from time to time. We are not going to be rigid. But that is not to say that we will reverse. We are not going to change the timing.

“if it is to review the amount to be a little bit higher or a little bit lower, we are going to do so because we do not want to make life difficult for our people.

“So there is no need for anybody to worry. CBN is monitoring what is happening and I can assure you that we will do what is right for Nigeria and for Nigerians.

“CBN and bank have taken about a trillion. Moved more people from other departments to Currency Processing, so that they can process this cash as quickly as possible so that banks can now move what they have with them to the CBN.”

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US ends Visa processing in Abuja

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The United States has announced that routine visa services at its embassy in Abuja and 24 other diplomatic missions across Africa will cease from August 1, 2026, as part of a regional restructuring of its visa operations.

The US Department of State disclosed this in a statement, saying the realignment was aimed at strengthening national security, reducing government spending and ensuring more consistent screening, vetting and adjudication standards.

According to the department, the move forms part of President Donald Trump’s administration’s efforts to align overseas operations with US national interests.

“The Department of State is constantly evaluating its overseas operations in order to advance America’s priorities as efficiently and effectively as possible. This includes a visa process that maintains rigorous standards of security screening and vetting and aligns resources and operational capacity with America’s national interests.

“The Trump administration has no higher priority than the safety and security of Americans, and the State Department will continue to provide Americans with appropriate consular services and assistance at diplomatic posts around the world,” the statement read.

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The diplomatic posts affected by the change include Abuja, Asmara, Bamako, Banjul, Brazzaville, Bujumbura, Conakry, Cotonou, Durban, Freetown, Gaborone, Harare, Juba, Libreville, Lilongwe, Lusaka, Maputo, Maseru, Mbabane, N’Djamena, Niamey, Nouakchott, Ouagadougou and Windhoek.

The State Department stressed that the realignment would not affect the operating status of the embassies and consulates or alter the consular services they continue to provide on behalf of the United States.

It also clarified that the policy would not affect visas that are already valid.

According to the department, the immigrant visa categories affected by the restructuring include immediate relative visas, family preference visas, employment-based visas, fiancée and fiancé visas, adoption cases, diversity visas, and follow-to-join asylee and refugee (V92/V93) cases.

It added that similar regional hub arrangements had already been implemented successfully in several African countries and parts of Europe.

The department, however, said routine visa services would continue at US embassies and consulates in Lagos, Abidjan, Accra, Addis Ababa, Cape Town, Dakar, Dar-es-Salaam, Djibouti, Johannesburg, Kampala, Kigali, Kinshasa, Lomé, Luanda, Malabo, Monrovia, Nairobi, Port Louis, Praia and Yaoundé.

These designated hubs will continue to process all routine non-immigrant visas, including tourist, business and petition-based visas, as well as immigrant visas.

The State Department also stated that visa suspensions imposed under Presidential Proclamation 10998, visa bond requirements and immigrant visa pauses for certain nationalities would remain in effect.

It advised citizens and residents of the affected countries seeking US visas from August 1, 2026, to book appointments and pay the required visa fees at the designated non-immigrant or immigrant visa processing hubs.

The new arrangement is expected to affect thousands of Nigerian applicants who currently process visas at the US Embassy in Abuja, requiring many to complete their applications in Lagos or other designated regional centres.

Nigeria records one of the highest volumes of US visa applications in Africa, with the US Embassy in Abuja and the US Consulate in Lagos serving as the country’s two principal visa processing centres.

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2027: ‘Tinubu not tired’ – Yilwatda fires back at Obi’s resignation call

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S’Court didn’t deliver judgment in Obi’s case against Tinubu -LP
President Bola Tinubu and Mr Peter Obi
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National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, has dismissed Labour Party presidential candidate Peter Obi’s suggestion that President Bola Tinubu is “tired” and should step aside ahead of the 2027 elections.

The national chairman, who appeared on Channels Television’s Politics Today on Tuesday, questioned the basis for describing the president as exhausted, insisting that Tinubu continues to work tirelessly while delivering key projects across the country.

“Let me put it this way, epecially to Obi, who claimed that Tinubu is tired—is he (Tinubu) going for boxing or 400 metres?” Yilwatda said. “Are you telling me that the President who stays and works from morning till night is tired? These are the issues we are talking about.”

Nentawe Goshwe Yilwatda, APC National Chairman

He argued that millions of Nigerians benefiting from the administration’s policies would not support calls for Tinubu to retire from office.

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“Are you telling me that over a million students and mothers who depend heavily on and celebrate NELFUND would be praying that the President be retired?” he asked.

Yilwatda also pointed to ongoing infrastructure projects, including the Lagos-Calabar Coastal Highway and the development of new seaports in Calabar, Akwa Ibom, Port Harcourt, Ondo and Lagos, as evidence of the administration’s commitment to national development.

“Are you telling me that over a million students and mothers who depend heavily on and celebrate NELFUND would have prayers that the President be retired?” he asked.

Yilwatda also cited several infrastructure projects as evidence that the administration remains focused on delivering its agenda, pointing to the ongoing Lagos-Calabar Coastal Highway as well as new seaport developments across the country.

“Are you telling me that people who have the coastal road from Lagos to Calabar, to Akwa Ibom and Port Harcourt, or the five seaports in Calabar, Akwa Ibom, Port Harcourt, Ondo and Lagos, are those who wish that the President be retired?” he said.

The APC chairman further referenced the ongoing modernization of Nigeria’s aviation sector, saying the extensive airport upgrade projects supervised by the Minister of Aviation reflect a government actively investing in critical infrastructure.

“I am sure you watched the renewal of airports being upgraded by the Minister of Aviation. This and many others, even in the North,” he added.

According to Yilwatda, the administration’s investments in education, transportation, maritime infrastructure and aviation demonstrate that President Tinubu remains fully engaged in governing the country, contrary to claims that he is too tired to continue in office.

Yilwatda’s comments follow remarks of former Anambra State Governor Peter Obi who, in a sit-down interview with Channels TV interview, stated that President Bola Tinubu is “tired” and lacks the capacity to lead Nigeria, calling for him to step aside and retire ahead of the 2027 general election.

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Enugu Govt suspends Obeagu Ugwuaji monarch over alleged land grabbing, communal feud

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Chieftaincy Commissioner, Dr Egumgbe presenting the suspension letter to Igwe Nya
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The Enugu State Government has suspended Igwe Christopher Nyia, the traditional ruler of Obeagu Ugwuaji Autonomous Community in Enugu South Local Government Area, following a prolonged leadership crisis in the community.

Handing over the letter of suspension to the monarch, the state commissioner for chieftaincy matters, Dr. Charles Egumgbe, said an administrative panel of inquiry had been constituted to investigate both the immediate and underlying causes of the crisis, as well as the allegations made against the traditional ruler.

The commissioner said the suspension was approved by Governor Peter Mbah in the interest of peace, public order and good governance.

The government’s action followed events of July 16, 2026, when residents of Obeagu Ugwuaji staged a peaceful protest to the Enugu State Secretariat Complex, the Enugu State House of Assembly and the Ministry of Chieftaincy Affairs, where they demanded the immediate dethronement of the traditional ruler over allegations of land grabbing and financial impropriety.

Obeagu Ugwuaji natives demand dethronement of Monarch

Some natives of Obeagu Ugwuaji community had on Thursday, July 16, 2026 demanded the dethronement of the embattled traditional ruler over alleged land-grabbing and administrative high-handedness.

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The protesters gathered at the front of the Government House, Enugu, to lodge their complaints. They were led by their Town Union President, Chukwunonso Obi.

After making a brief appearance at the Government House, bearing placards with different inscriptions, they thereafter marched to the Enugu State House of Assembly complex and the Ministry of Chieftaincy Affairs.

They were received at the assembly complex by the member representing Nkanu East State Constituency, Honourable Anthony Okoye, who commended them for being peaceful.

Okoye said the House of Assembly has the constitutional mandate to oversee matters relating to local government administration and chieftaincy affairs in the state.

​According to him, “The House of Assembly oversights both the Ministry of Chieftaincy Affairs, including the town union government in all the local governments and localities of the state. We are going to activate the power of our oversight over their complaints.”

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