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...
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PRESIDENT BUHARI MOURNS VICTIMS OF LOKOJA TANKER EXPLOSION.{PHOTOS}.#PRESS RELEASE.

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President Muhammadu Buhari has stated that the death of 23 people, as confirmed by the Federal Road Safety Commission, “represents another disturbing and saddening incident in the litany of tragedies that have befallen our country."
Reacting to the petroleum tanker explosion earlier this Wednesday in Lokoja, the Kogi State Capital which claimed the lives of travellers, school children, bystanders, including some students of Kogi State Polytechnic, President Buhari said that "I am seriously worried about the frequency of these unfortunate and large scale tragedies in the country which cause needless deaths."
According to him, "these frequent incidents that result in loss of lives and property are a national scandal caused by our indifference to safety standards."
He explained that "many accidents are preventable if proper proactive and precautionary measures are put in place or properly observed as routine policies."
The President regretted that "ours is a country where we move on whenever tragedies occur instead of taking preventive safety measures to forestall future calamities."
President Buhari called on the county's transport authorities, traffic and road management agencies as well as law enforcement officials to sit up and enforce safety standards with more seriousness, adding that "refusal to do the right thing can cause potential tragic problems that harm innocent people."
According to him, "Nigeria is not having a shortage of laws and regulations, but our problem is lack of zeal to enforce those laws and regulations for the sake of public safety."
He condoled with Kogi State government and the families of the victims of the tragedy.
Garba Shehu
Senior Special Assistant to the President
(Media and Publicity)
September 23, 2020.


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