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Violence not solution to Naira shortage difficulty – Sanwo-Olu

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Violence not solution to Naira shortage difficulty – Sanwo-Olu

Gov. Babajide-Sanwo-Olu of Lagos

Gov. Babajide-Sanwo-Olu of Lagos

By Florence Onuegbu

Gov. Babajide Sanwo-Olu of Lagos State on Saturday appealed to residents to remain calm, even in the face of the difficulties and frustrations due to cash shortage.

Sanwo-Olu made the appeal while addressing newsmen at Lagos House, Marina, on the current situation caused by Naira redesign in the country.

He urged Lagos residents to avoid all forms of violence, arson and rioting, as sure were not the solutions to the difficulties and frustrations being presently experienced.

“Let me thank you, the good people of Lagos for your patience and unwavering perseverance even in these challenging times.

“My fellow Lagosians, this is a heartfelt call to you, as your Governor, to please remain calm at this time, and avoid all forms of violence, arson and rioting.

“Even in the face of the difficulties and frustrations being faced by all, violence and destruction should not and will never be the answer.

“We know that there are unscrupulous persons who want to sow seeds of violence and discord by their very utterances and actions, all with the view of robbing you of the chance to cast your votes in the Feb. 25 Presidential and National Assembly elections.

“Do not allow them to use you to achieve their evil intentions,” the governor said.

According to him, there is no justification whatsoever for attacking public or private property.

He said that the law enforcement agents had received clear instructions to take full control and ensure zero tolerance for any and all acts of arson, violence and destruction.

Gov. Babajide Sanwo-Olu addressing residents on the ongoing situation (change of currency notes and cases of POS and Petrol Station attendants) in the country, at the Lagos House, Marina, on Saturday, Feb. 18, 2023. With him are (L-R): Commissioner for Agriculture, Ms Abisola Olusanya; Deputy Gov., Dr Obafemi Hamzat; Commissioner for Women and Poverty Alleviation (WAPA), Mrs Cecilia Dada; her counterparts, Mr Olalere Odusote (Energy and Mineral Resources); Dr Frederic Oladeinde (Transportation); Mr Gbenga Omotoso (Information and Strategy) and Mr Moyosore Onigbanjo, SAN (Justice/the Attorney General)

Sanwo-Olu enjoined all law-abiding residents to carry out their lawful activities without fear.

“As a government that fully understands the challenges that you are faced with, with regards to access to cash, we are working very hard to provide palliative measures to lessen the burdens being faced.

“As part of these measures, I have already approved an immediate reduction in transportation charges for public-owned transport, across the Lagos State public transport system: our buses, ferries and taxis.

“We are also equally in discussion with private transport operators not to hike fares at this point of time, given the difficult circumstances in which many Lagosians find themselves.

“We have also since commenced the distribution of food packs, to the most vulnerable citizens, the people most impacted by this disruption in the supply of cash.

“We will continue to highlight more vulnerable groups within our distribution channels who would benefit from the palliatives.

“As we scale up the rollout of these palliatives, we ask for your continued patience and understanding. Remain calm and go about your lawful activities and duties,” he said.

The governor said the Lagos State Government under his watch would continue to stand by, with and for the ordinary people of Lagos.

He thanked the Police and other security agencies/operatives that had been working round the clock to maintain the peace, law and order in the state.

“We owe you a debt of gratitude. May I also use this opportunity to ask you not to relent in your efforts at continuing to keep the peace in and around the metropolis,” Sanwo-Olu said. (

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Tinubu Assures Investors Nigeria Is Open for Business, Welcomes Coca-Cola’s $1bn Plan

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By Francis Wilfred 

President Bola Tinubu has assured local and international investors that Nigeria remains open for business, saying his administration is implementing reforms aimed at creating a more predictable, competitive and investment-friendly environment.

Speaking through the Secretary to the Government of the Federation (SGF), Senator George Akume, at the 75th anniversary celebration of the Nigerian Bottling Company (NBC) in Abuja on Monday, the President said the government is addressing key challenges facing businesses under the Renewed Hope Agenda.

“Our message to investors, both Nigerian and international, is clear: Nigeria is open for business,” Tinubu said,

He noted that reliable infrastructure, efficient logistics, access to foreign exchange, stable regulations and a supportive tax system are critical to attracting investment and expanding production.

According to Yomi Odunuga, the President said ongoing economic reforms are designed to build a more productive and competitive economy, reduce dependence on imports, strengthen local manufacturing and create jobs for Nigerians.

Tinubu welcomed the Coca-Cola System’s proposed $1 billion investment in Nigeria over five years, announced in 2024, describing it as a strong vote of confidence in the country’s economy. 

He said the administration is focused not only on the volume of investment attracted but also on its impact on employment, skills development, technology transfer and local sourcing.

“We are interested not only in the amount of capital that comes into Nigeria, but in what that capital does here,” he said.

The President also praised NBC’s continued expansion of production capacity, including new production lines in Oyo and Kano states, describing such investments as vital to strengthening Nigeria’s industrial base.

He reaffirmed the government’s commitment to improving policies, infrastructure and regulations to support businesses, while urging the private sector to complement government efforts through investment, innovation and job creation.

Tinubu further highlighted the importance of human capital development, commending NBC’s Supply Chain Academy for training over 1,400 young Nigerians and supporting women’s empowerment and community development initiatives.

He urged investors to take advantage of opportunities across Nigeria, expressing confidence that the country can build a stronger economy driven by local production, exports and globally competitive industries.

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Kano  Governorship: Accord Party Governorship Candidate Gashash Getting More Endorsement From Kano Electorates.

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By Jabiru Hassan.


The movement for Democratic Protection and good governance (MDSG) declared it's full support to the Accord Party Governorship Candidate Ambassador Dr. Mukhtar Gashash in the forthcoming general elections.

In a chat with our correspondent in kano, the national president of the movement, Alhaji Dauda Mohammed Ali,  stated that it is time for the people of kano state to bring new steward who is seriously planning to transform the state with highest regard.

He expressed his confidence that Ambassador Dr Mukhtar Gashash will do his best to ensure that kano state becomes more examplary at both sector without bias which is the task previous administrators failed to achieve.

Alhaji Dauda Mohammed Ali reiterated that " this time around, our movement is working day and night to make sure that Kano people mostly youths remained Committed to actualize real change in the state's politics, leadership and transformation under the Accord Party government".

He called on the people of kano state especially the eligible voters to vote Ambassador Dr Mukhtar Gashash due to his Transformation plans for the progress of kano state and it's citizens at both Urban and rural settlements.

Responding to a question about Accord party's strength in kano state, Dauda Mohammed Ali disclosed that in today's democracy, competent candidates should be tipped for an elective positions not the popularity of the political parties stressing that Ambassador Dr Mukhtar Gashash has been found to be the best option for kano state due to his track record on competency, transparency as a real democrat.
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Caught in the middle: Ortom’s silent dance between two camps.

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There are growing questions about where Mr. Samuel Ortom, a former Governor of Benue State and a prominent figure in the People’s Democratic Party (PDP), truly stands politically ahead of 2027.

Ortom was a key figure in the divisions within the PDP before the 2023 general elections and was widely associated with support for Mr. Peter Obi, who finished third in that contest. More recently, however, he has publicly expressed support for President Bola Ahmed Tinubu’s administration.

The latest discussion began after a visit by Mr. Peter Obi to Benue State. Reports indicate that a vehicle said to belong to Ortom was used to receive Obi at the Air Force Base airport in Makurdi. It is not clear who authorized the use of the vehicle, and Ortom has not commented publicly on the matter.

During the same visit, Obi was reportedly prevented from travelling to Yelewata, where he had intended to condole with families affected by violence. Obi’s team attributed the blockage to supporters of Governor Hyacinth Alia.

The Governor’s spokesman, Sir Tersoo Kula, denied any involvement by the Governor. He suggested the incident may have been staged to damage the Governor’s reputation, or that it could have resulted from disagreements within Obi’s own support base.

Ortom has not issued a statement clarifying his position on the 2027 elections or on the vehicle in question. Attempts to reach him were unsuccessful at the time of reporting.

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