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 ā‚¦5,000 and ā‚¦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 URGES OGONI LEADERS TO SENSITIZE INDIGENES MORE ON VALUE OF PROTECTING PIPELINES, NATIONAL ASSETS.{PHOTOS}.#PRESS RELEASE.

President Muhammadu Buhari Friday in Abuja urged Ogoni Leaders to sensitize indigenes on value of protecting national assets like pipelines and other oil installations, saying wilful damages usually create more havoc on their environment and hamper development in the area.

Receiving some leaders and people of Ogoni Land at the State House, the President noted that the Federal Government was committed to the

cleaning up of Ogoni Land so that indigenes can regain their lives, return to farms and reactivate economic activities.

ā€œYou will need to educate the people of Ogoni Land and the region more that when pipelines are broken, the damage is more to the immediate environment and the people. The majority farmers and fishermen struggle because the fishes now move to the deep sea,ā€™ā€™ he said.

The President said bad industry practices coupled with security challenges had resulted in massive spills with attendant environmental degradation of Ogoni, leading to agitations and strife.

He said the government would bring to a close all pending issues on sons of Ogoni Land.

ā€œYour Royal Highnesses, distinguished representatives of the people of Ogoni Land, I note the need to ensure completion of segment of the East-West road traversing Ogoni Land, and steps will be taken to ensure delivery under the Infrastructure Development Fund as earlier conceived. We intend to complete this vital artery of Nigeria.

ā€œFurthermore, we are committed to ensuring clemency and national integration as part of this Administrationā€™s bid to lay the foundation for genuine reconciliation and bring closure to the issues of Ogoni Land.

ā€œThe unfortunate incidents of the early 1990s leading to the loss of lives of distinguished sons of Ogoni Land and the collateral judicial processes are indelible in our memories.

ā€œDespite the grievous circumstances, the Federal Government will consider the request for the grant of pardon to finally close the Ogoni saga,ā€™ā€™ President Buhari noted.

According to the President, the Nigerian Petroleum Development Company Ltd (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), had been granted license to operate OML11, which will stimulate economic activities and integration in the zone.

ā€œTo ensure the stimulation of economic activities in Ogoni Land as underpinned by the vast petroleum resources underlying Ogoni Land and neighbouring communities, NPDC, a subsidiary of the NNPC has been granted licence to operate OML11.

ā€œAccordingly, NNPC is hereby directed to engage all host communities, particularly Ogoni people to ensure inclusive processes of oil and gas exploration and production is anchored on optimum involvement of host communities. NPDC will lay a broad-based programme for the emergence of a new Ogoni Land for the benefit of the Ogoni people and Nigeria as a whole,ā€™ā€™ he added.

President Buhari said he was aware of the passage of the Bill on the Federal University of Environmental Technology by the National Assembly and awaits transmission for further necessary action.

ā€œThis Administration has placed the rehabilitation of the Niger-Delta as a top priority and has committed a lot of resources to tackle existing problems, including launching a US One Billion dollar oil clean-up exercise to reverse the terrible damage and restore the ecosystem.

ā€œI am pleased that the restoration and amelioration activities under the auspices of the United Nations and the vehicle of Hydrocarbon Pollution Remediation Project, has commenced work since we assumed office as we promised.

ā€œWe will take further steps to ensure faithful and speedy execution of the project so as to restore the environment and enable farming and fishing activities to resume in the affected areas,ā€™ā€™ he added.

The President also appreciated the leaders for recognition of the Federal Governmentā€™s efforts to clean up the area and stimulate more economic activities.

ā€œYour Royal Highnesses and very distinguished people of Ogoni Land, I thank you very much for your kind words and recognition of efforts made by our administration to bring progress to your part and all parts of the country.ā€™ā€™

In his remarks, the President of the Supreme Council of Ogoni Traditional Rulers, His Majesty King Godwin N.K. Giniwa, thanked President Buhari for various interventions in the area, particularly on clean-up of the environment.

The paramount ruler noted that the people believe in the unity of Nigeria and the future of every group could only be guaranteed in one nation.

He congratulated the President for achievements in critical infrastructure in the country, especially in railways and road constructions, urging more efforts in provision of potable water.  

 

Femi Adesina

Special Adviser to the President

(Media & Publicity)

October 22, 2021.

More photos below.

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