CBN DEBUNKS FAKE NEWS ON NEW N5,000 AND N10,000 BANKNOTES.(PHOTO).
The Central Bank of Nigeria (CBN) has dismissed a viral claim circulating on social media about the introduction of new ₦5,000 and ₦10,000 banknotes, labeling it as fake news. The claim, which included fabricated images of the supposed new denominations featuring Dr. Nnamdi Azikiwe and Chief Obafemi Awolowo, falsely stated that the new notes would enter circulation from May 1, 2025. In a statement on its verified Facebook account, the CBN clarified that the content is not from the bank and directed the public to its official website, (www.cbn.gov.ng), for authentic information. The bank warned against spreading misinformation regarding monetary policies and urged Nigerians to rely only on official statements from its verified channels. The CBN reaffirmed that any major policy decision, including the introduction of new banknotes, would be announced through its official platforms. The public is advised to remain cautious and verify financial information from credible sources befor...
According to my sources,the Minister of State for Aviation,Hadi Sirika,says the Nnamdi Azikiwe International Airport,Abuja,will be closed for six weeks in February and March next year for total repairs on the runway.He further told journalists in Abuja yesterday monday that the closure will allow Julius Berger carry out total re-construction on the badly damaged airport runway.He said while the runway would still be put to use under the six months of rehabilitation,the six weeks would allow the mid-section of the runway to be reconstructed.According to him,President Muhammadu Buhari has approved the reconstruction through the emergency procurement procedure for work to commence.This,according to him,is because of the centrality,economy and the importance of Abuja to the general administration of the country.He said government could not afford to close down Abuja airport for a long time as palliative repairs had been ongoing on the runway in the last three months.''From start to finish of the runway,it will take six months.However,we will be using the runway almost throughout the period except for about six weeks when the runway will be closed.That is when we are going to do the mid-section of the runway.The government has accepted the design done by the contractor.The runway will last for more than 10 years on completion early next year''.he said.Mr Sirika said Abuja bound passengers from any part of the world will use Kaduna airport as alternative during the six weeks closure to passengers.He said arrangement had been finalised with Kaduna State,adding that while the federal government will provide buses to convey the passengers to Abuja,the state government will provide security.According to him,it will cost government substantial amount of money ''but we think that palliative approach is wrong because three years down we will come back to the same repairs.Therefore,we decided to go for the bigger option which is to do structural repairs if the runway which will take about six months to complete,'' he said.On the Bilateral Air Agreement with other countries,Mr. Sirika said the government had signed BASA with 18 countries that Nigerians frequently visit and do business with.The MOUs,he said,would give Nigeria the opportunity to operate air services with 18 countries.''With this,we have the freedom to fly and land safely in other air space and this will assist in opening our market''.
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