CBN DEBUNKS FAKE NEWS ON NEW N5,000 AND N10,000 BANKNOTES.(PHOTO).

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  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...

PRESIDENT BUHARI CELEBRATES FARMERS, SAYS THEY ARE ‘AUTHENTIC HEROES TODAY, TOMORROW AND EVERMORE’.{PHOTOS}.#PRESS RELEASE.

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      President Muhammadu Buhari has poured encomiums on Nigerian farmers, as Farmers’ Day is celebrated today in Obie, Rivers State, by Nigerian Agip Oil Company.
In a goodwill message to the ceremony, the President says farmers have led the country to the food self-sufficiency we now enjoy, “saving us billions of dollars yearly, which would have been spent on food importation.’’
He added that such funds “are now deployed to other developmental projects, particularly infrastructure.”
Celebrating farmers further, President Buhari describes them as “our authentic heroes, not only for today, but for tomorrow and evermore.”
Femi Adesina
Special Adviser to the President
(Media and Publicity)
November 23, 2019
Below is full text of the goodwill message:
“Dear Compatriots,
“It gives me immense pleasure to welcome you once again on the occasion of Farmers’ Day for year 2019. I am glad to rejoice with you, and celebrate our farmers on the success of another farming and harvest season.
“As I have said on occasions in the past, what would we have done as a nation, if God had not been kind to us, giving us good and abundant rainy season and good harvests in the past four seasons?
“As at 2015, our economy was in such perilous state, with oil prices crashing internationally, and so many challenges nationally and locally. In fact, our country was in a desperate state.
“We then decided to put the modest resources we had where our mouth was. We focused on agriculture, and God heard our prayers. And we got good returns from our investments.
“We appealed to Nigerians to return to the land, and take up farming seriously again. They heeded our call, and have not regretted it since then. The theme of this Farmers’ Day is ‘Farm and Fortune’ and I must say that it is a well thought out theme.
“Farming has brought fortune to millions of Nigerians who embraced it, as it has turned round their social and economic status. We should never forget: the real wealth of our country lies primarily in farming, livestock, foresting and fisheries.
“Farmers are now among very well to do Nigerians. They can cater for their families, meet other existential needs, and even embark on various capital projects.
“Above all, farmers have led the country to the food self-sufficiency we now enjoy, saving us billions of dollars yearly, which would have been spent on food importation. Such funds are now deployed to other developmental projects, particularly infrastructure.
“It is gratifying that farmers have responded positively to initiatives by government to empower and strengthen their hands. Through the Central Bank of Nigeria, Ministry of Agriculture and Rural Development, the fertilizer initiative, and many others, government gives supports to our farmers, and you have responded positively, to the good of our country.
“When floods caused havoc to farmlands last year, we responded by giving financial support to affected farmers. We will continue to stand by you.
“Let me also commend the Nigerian Agip Oil Company for organizing this Farmers’ Day, something the company has done consistently for 30 years. In its own way, Agip has empowered, encouraged and celebrated farmers in 300 host communities in Rivers, Bayelsa, Delta and Imo States. I urge big companies and high net-worth individuals to emulate such example.
“A day like this provides good networking opportunities for farmers and stakeholders in the agricultural sector. I urge you to make the best use of it.
“Our intention is to make agriculture the backbone of our economy. It once was so, before petroleum was discovered and we neglected farming for easy petroleum-dollars, but we are wiser now.
“With agriculture, we don’t have to crash again anytime oil prices crash in the international market. We have our farmers to thank for that assurance. We will also take precautions against bad harvest.
“We made our priorities clear from the beginning. We want to secure our country so that it can be efficiently managed, we want to curb corruption, and revive the economy.
“Agriculture is one of the veritable ways to economic recovery. It guarantees employment to millions of our people, particularly the youth, engenders better living standards, enhances the income of people, and ensures food security. This, in turn, will improve the security situation in the land.
“Finally, let me celebrate our farmers. You are our authentic heroes, not only for today, but for tomorrow, and evermore.
“Happy Farmers’ Day.”.
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