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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SUSPENDED BENUE LG CHAIRMEN DEFEAT GOV. ALIA IN COURT.(PHOTO).

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SUSPENDED BENUE LG CHAIRMEN DEFEAT GOV. ALIA IN COURT


26th July, 2023

A Benue State High Court sitting in Makurdi ,Wednesday dismissed the Motion on Notice, filed by the Governor of Benue state, Hyacinth Alia seeking the court to set aside the judgment obtained by the 23 local government chairmen at the National Industrial Court, Makurdi Division.

The Chief Judge of Benue State, Justice Maurice Ikpambese, dismissed the application for judicial review for lacking in merit.

The Makurdi Division of the National Industrial Court of Nigeria, NICN, had in a judgment delivered by Justice I. A. Essien, restrained the Governor of Benue State, Benue State Government, Speaker of the Benue State House of Assembly, and three others from dissolving or suspending the elected council Chairmen without due process before the expiration of their tenure in office on June 29, 2024, amongst other reliefs.

In reaction to the judgment, the governor of Benue state, Benue State government, Speaker of the State House of Assembly, and three others filed a motion seeking a judicial review of the judgment of the National Industrial Court.

Ruling on the application, Justice Ikpambese held that a court can only sit over the judgment of a court of coordinate jurisdiction if the judgment is a nullity or the judgment was obtained by fraud.

He ruled that the court is incompetent to review the judgment of a brother-court especially as the issue of jurisdiction was dealt with in the said judgment.

Justice Ikpambese further held that there was no basis for the applicants to approach the court for a judicial review, and added that what the applicants ought to do is to appeal the judgment of the National Industrial Court.

Justice Ikpambese accordingly dismissed the application for lack of merit.

Similarly, the court also dismissed the originating summons by the chairmen against the Benue State Governor and five others challenging their suspension, on the grounds that the same reliefs sought in the suit before the court were granted by the National Industrial Court, which is a court of coordinate jurisdiction.

Reacting to the development, the chairman of Kwande of Local Government, Orjiir Gbande, described the judgment as sound, saying it is also a victory for democracy.


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