NDC STATEMENT ON COURT RULING. (PHOTO). #PRESS RELEASE.

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 NDC STATEMENT ON COURT RULING Our attention has been drawn to a ruling by the Federal High Court sitting in Lokoja this morning, wherein His Lordship, Honourable Justice Isah Dashen, gave a ruling on an application filed by an unregistered association known as Peace Movement Party. The public knows that by December 2025, the Nigeria Democratic Congress  as an association complained of INEC’s refusal to register us as a political party, whereupon we proceeded to the Federal High Court. The Federal High Court upheld our constitutional right to freedom of association under the Constitution and compelled INEC to register us, which INEC did. Since then, we have started political activities, embarked on the registration of members, held congresses from ward to national levels, held conventions, and concluded primaries to all offices following INEC’s timetable. We have been fully participating in all INEC activities without let or hindrance. NDC also fielded candidates, and fully pa...
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SENATE: BILL TO BAN THE USE OF FOREIGN CURRENCIES IN NIGERIA PASSES FIRST READING. (PHOTO).

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 Senate Bill to Ban Use of Foreign Currencies in Nigeria Passes First Reading


A bill aimed at banning the use of foreign currencies in Nigeria has passed its first reading in the Senate. The bill, titled "A Bill for an Act to Alter the Central Bank of Nigeria Act, 2007, No. 7, to Prohibit the Use of Foreign Currencies for Remuneration and Other Related Matters," was introduced by Senator Ned Nwoko, Chairman of the Senate Committee on Reparations and Repatriation.


The proposed legislation seeks to mandate that all payments, including salaries and other transactions, be conducted using the local currency, the naira. Senator Nwoko argued that the widespread use of foreign currencies in Nigeria undermines the naira’s value and exacerbates the country's economic challenges. He also described the reliance on currencies such as the Dollar and Pound Sterling as a colonial legacy that continues to hinder Nigeria’s economic independence.

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