News
No going back on new naira notes, says CBN Governor after briefing Buhari
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.
“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.”
Also joined as contemnor is the Medical Director, Federal Neuropsychiatric Hospital, Enugu, Dr Unaogu Ngozika.
The duo are said to have disobeyed an order of court which ordered the immediate reinstatement of Prof Monday Igwe as the Medical Director.
A judgement of the National Industrial Court, Abuja Division, had nullified the appointment of Dr. Unaogu as the Medical Director of the Hospital and ordered the reinstatement of Prof. Monday Igwe as the Medical Director following the declaration that the earlier termination of his appointment is null and void.
Recall that Justice E. D. Subilim of the National Industrial Court, Abuja, had on 11th December 2025, delivered a judgment in which he ordered the reinstatement of Prof. Monday Igwe to office as the Medical Director after he declared the earlier termination of his appointment as null and void and also nullified the later appointment of Dr. Unaogu Ngozi.
The court found that the termination of Prof. Monday Igwe’s appointment did not follow laid down disciplinary procedure.
It also held that the appointment of Dr. Unaogu Ngozi during the pendency of the suit in which she was a party rendered it a nullity.
However, several months after the judgement was served on the Defendants, they have refused to comply with the judgment orders.
Lawyer to the plaintiff, Mr. Michael O. Okorie, Esq, had told the court that Ngozi Unaogu “has continued to perform the functions of office, including awarding contracts, bank transactions, staff appointments and other official functions despite her appointment having been declared a nullity with the legal effect that contractors and bankers dealing with her are doing such at their own peril, especially as the said judgment has not been stayed by any order for stay of execution.”
Okorie has consequently filed and served Form 48-Notice of consequence of disobedience of court orders-against the Minister of state, Federal Ministry of Health and Social Welfare and Unaogu, the Medical Director.
According to the lawyer, “the Minister of State is the supervising minister who issues/conveys/signs appointment letters to the Medical Director of the Hospital on behalf of the President.
“It is time for the Minister of State to reassess his legal team at the Ministry so that they do not end up misleading him into running foul of the law which he has sworn to protect as public servant.”
Meanwhile, court documents obtained by our correspondent show that the contempt proceeding was initiated pursuant to Order IX, Rule 13(1-3) of the Judgment (Enforcement) Rules, Section 72 of the Sheriff and Civil Process Act, 2004, Order 63 of the National Industrial Court of Nigeria (Civil Procedure).
“TAKE NOTICE that unless you obey the directions contained the order of the National Industrial Court, Abuja Division delivered on the 11th December, 2025 which declared null and void the termination of appointment of the Applicant, Prof. Monday Igwe, nullified the appointment of DR. UNAOGU NGOZICHUKWU NNEKA as the MEDICAL DIRECTOR, FEDERAL NEUROPSYCHIATRIC HOSPITAL, ENUGU, ENUGU STATE, and ordered the re-instatement of Prof. Monday Igwe as the Medical Director of the FEDERAL NEUROPSYCHIATRIC HOSPITAL, ENUGU, ENUGU STATE, and also, ordered the payment of the arrears of salary to Prof. Monday Igwe, you will be guilty of contempt of Court and will be liable to be committed to prison. A copy of the said order of court earlier served on you is hereby annexed for your on-the-spot reference.
“This Court has been informed that as at today, Tuesday, 14th April, 2026 that DR. UNAOGU NGOZICHUKWU NNEKA has continued to perform functions of the office of the MEDICAL DIRECTOR, FEDERAL NEUROPSYCHIATRIC HOSPITAL, ENUGU, ENUGU STATE while Prof. Monday Igwe has not been reinstated to office in utter disregards to the subsisting orders of this Honourable Court which execution has not been stayed,” the court notice already served on the alleged contemnors read.
Dr Unaogu and her lawyers could not be reached by The Advocate at the weekend to ascertain why she has not vacated the office of the Medical Director as ordered by the Industrial court in Abuja.
which ordered her to vacate the Medical Director of the hospital has not been
By LUCY OSUIZIGBO-OKECHUKWU
Brig.-Gen. Uche Nnabuihe has raised concern over low enlistment from the South-East, revealing Anambra recorded only 117 applications out of 38,000 nationwide.
Nnabuihe led an Army delegation to sensitise youths in Awka, noting the figure was recorded on April 7, before a nationwide awareness campaign began.
He said the exercise aimed to encourage more youths from Anambra and the South-East to join the 91 Regular Recruits Intake before the May 27 deadline.
“We observed with concern that out of 38,000 applications received nationwide, only 117 came from Anambra as of April 7.
“This sensitisation is to correct that imbalance and encourage our youths to take advantage of opportunities in the Nigerian Army,” he said.
Nnabuihe urged eligible youths to apply, noting the Army offers a structured career path and opportunities for national service.
Lt.-Col. Ogbemudia Osawe said training infrastructure had expanded, with new institutions in Abakaliki and Osogbo to accommodate incoming recruits.
Osawe listed benefits, including career progression, regular pay, continuous military education, specialised training, and exposure to diverse cultures.
He added personnel enjoy welfare packages, free medical care for families, pensions, gratuities, and opportunities for international assignments.
Permanent Secretary, Anambra Ministry of Youths, Ifeatu Emodi, commended the initiative, describing military enlistment as crucial for South-East youths.
Emodi said declining interest among youths stemmed from misconceptions and misinformation about the Army.
Traditional ruler, Igwe Michael Okeke-Uche of Enugwu-Agidi, praised the Army’s welfare structure and urged youths to enlist for better regional representation.
The News Agency of Nigeria (NAN) reports the sensitisation held at the Ministry of Youths in Awka, attracting a cross-section of young people. (NAN)
By IHECHINYERE CHIGEMERI-UWOM
Gov. Alex Otti of Abia has expressed deep shock and sorrow over the death of a U.S.-based Nigerian physician, Dr Uzoma Nwaubani, who was in the state for a medical mission.
Otti, in a condolence message signed by him and issued on Friday in Umuahia, said that he received the news of her passing with shock, describing her as a dedicated and compassionate medical practitioner.
The News Agency of Nigeria (NAN) reports that the State Government in collaboration with the Association of Nigerian Physicians in the Americas (ANPA) organised a five-day free medical outreach that held from April 13 to April 17.
The governor noted that the late Nwaubani was a member of the association and had returned to Nigeria with her husband and daughter, a final-year medical student in the United States, to provide free medical services to residents of Abia.
He said that while participating in the ongoing medical outreach, she developed a medical emergency and was immediately taken to a hospital.
According to him, a team of ANPA and local medical experts worked together to provide urgent critical care in a bid to save her life.
“Despite the gallant efforts of the highly skilled medical team to resuscitate her, she could not make it,” Otti said.
The governor extended his condolences to the family of the deceased, her loved ones, and members of ANPA, adding that the state government was already in communication with her family and the leadership of the association.
He promised that the government would provide the necessary support to the bereaved family and ANPA during the period of mourning.
Otti also commended the family of the late doctor and ANPA for allowing the medical mission to continue in spite of the loss.
He reaffirmed his administration’s commitment to prioritising the health and well-being of residents and visitors to the state.
The governor prayed for the repose of the soul of the deceased and for strength for her family to bear the loss. (NAN)
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