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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RIVERS POLITICS: PRO-FUBARA LAWMAKERS CONFIRM COMMISSIONER NOMINEE. (PHOTO).

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Rivers Politics: Pro-Fubara Lawmakers Confirm Commissioner Nominee


The Rivers State House of Assembly led by Victor Oko-Jumbo, has screened and confirmed a commissioner nominee sent to it by Governor Siminalayi Fubara. 


During the screening on Monday, the nominee, Dagogo Iboroma, a Senior Advocate of Nigeria, pledged to uphold the rule of law and serve the state diligently, irrespective of the ministry he will be deployed to.


The event was the first legislative session since the election of new principal officers, and the Speaker, Victor Oko-Jumbo backed by lawmakers supporting Governor Fubara of Rivers State.


Also present during the screening were principal officers and former members of the Rivers State House of Assembly.


Speaking earlier, the Speaker commended Governor Fubara for providing an auditorium in the government house as a temporary chamber after the main complex of the state assembly was recently burnt down.


A motion was then moved by the leader, Sokari Goodboy, to adopt the auditorium as the new chamber, allowing the speaker to read Governor Fubara’s request for the screening and confirmation of 60-year-old Dagogo Iboroma as a commissioner in his cabinet.


This comes as human rights lawyer Femi Falana (SAN), faulted Fubara for directing members of the state assembly to meet at the Government House, saying the legislature was independent of the executive.


Falana who spoke on Sunday, explained that since both arms of government were independent, Fubara could not change the sitting venue of the Rivers State House of Assembly.


“I would like to assume that the governor issued that executive order before the intervention of the High Court in Rivers State,” Falana said on the show.


“The house is independent of the executive. So the governor cannot tell the house where to sit.”


Fubara had on Friday, issued an executive order for the immediate and temporary relocation of the sitting of the Rivers State Assembly, to the Admin Block of the Government House, Port Harcourt.


In an official Gazette, Executive Order of the Rivers State Government 001-2023, Fubara cited the unsafe state of the House of Assembly complex.


 

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