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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ANAMBRA LEGISLATURE KICKS AGAINST ILLEGAL ANSWAMA LEVIES,INVITES ITS MANAGING DIRECTOR.(PHOTO).

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Anambra Legislature Kicks Against Illegal ANSWAMA Levies, Invites Its Managing Director

The Anambra State House of Assembly has declared the published ANSWAMA levies as illegal, saying that the tax rates contravene the existent law that established the authority.

The state legislature in a Tuesday, October 25 plenary has heard a motion of urgent public importance sponsored by the Member Representing Nnewi North Constituency, Hon. Nonso Smart Okafor, and others. 

Reading out the motion, Hon. Smart Okafor brought the House to the notice of a press release signed by the managing director of the Anambra State Waste Management Authority, Mr Mike Ozoemena where it was reeled out, tax rates payable to the state by ventures and bodies operating in the state. 

Referencing the existent law passed by the state legislature, tagged, The Anambra State Waste Management Law 2015 which stipulates in clear figures various fees payable by various enterprises for waste management, Hon. Smart Okafor faulted the MD of the ANSWAMA for going against provisions of the law, lamenting total disregard for the existent law. 

Speaking further, Hon. Smart Okafor expressed worry occasioned by unending complaints emanating from constituents and the general public regarding the rates signed by the MD of ANSWAMA in the said press release. 

The Honourable Member Representing Dunukofia Constituency - Hon. Lawrence Ezeudu., Hon. Ejike Okechukwu of Anaocha II Constituency., Hon. Pete Ibida of Njikoka Constituency., Hon. Emeka Aforka of Orumba North Constituency amongst other members spoke in support of the motion. 

Consequently, The Speaker of Anambra State House of Assembly, Rt. Hon. Uche Victor Okafor PhD read out the resolution of the House as thus; 
"the illegal waste management fees imposed on Ndị Anambra by the managing director of the ANSWAMA are hereby suspended with immediate effect. 
secondly, The House of Assembly invites the managing director of ANSWAMA to appear before the plenary of the State Legislature on Thursday, October 27, 2022, at 10 am to explain to Ndị Anambra the reasons for such action". 

The resolution was supported by Honourable Members of the House through a voice vote. 

Mr Caleb Okechukwu 
Reports from the House of Assembly Complex, Awka


 

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