Politics
CURRENCY CHANGE? AT THIS TIME?
By Mahmud Jega
To folks old enough to remember the currency change exercise undertaken by the Buhari military government in 1984, Central Bank of Nigeria [CBN] Governor Godwin Emefiele’s announcement on Wednesday that the N200, N500 and N1000 notes will cease to be legal tender at the end of January next year was the sudden revival of a nightmare. He said new notes will be introduced in mid-December to replace the old notes.
CBN and government might well have a good reason to change our currency notes. Emefiele said 80% of our notes are held outside the banking sector, which he said triggered inflation and weakened the naira against foreign currencies. This was more or less the same reason that Chief of Staff, Supreme Headquarters, the late Major General Tunde Idiagbon, gave when he suddenly made a radio and TV broadcast one evening in April 1984, closed all borders and announced the currency change. Emefiele gave the added reason that kidnappers, bandits and terrorists are holding a lot of money which they got through ransom payments. He also expressed hope, guardedly, that the measure could lead to a naira appreciation.
In Nigeria, a currency change exercise has to be undertaken with the utmost secrecy, otherwise it loses its fangs because the targeted people will rush and deposit the monies in banks. Buhari/Idiagbon’s 1984 exercise was so secretive that the 20 other members of the Supreme Military Council [SMC] were caught unawares. One SMC member’s wife was caught with a lot of money on her farm. The new currencies were printed abroad, flown into the country by Airforce planes before Idiagbon made his shock announcement. Emefiele borrowed a leaf, with slight modification.
Bank of England recently announced the introduction of new notes and coins with pictures of King Charles but said it will be a very gradual process. Monies with pictures of Queen Elizabeth will exist side by side with the new ones and only mutilated notes will be replaced over an indefinite period. Not so here, where Emefiele has set a severe six weeks’ period from mid-December to phase out old notes, obviously because the Brits’ purpose is very different from our own.
The 1984 exercise was one of the most traumatic events in the history of Nigeria. Some people at the time likened it to the civil war. All Nigerian towns were turned upside down as thousands of people lined up outside every bank trying to deposit and, if possible, withdraw some money. Queues outside banks made the current fuel queues look like toys. People ate and slept in the queues; no one dared left his place in the queues because it took so long to arrive there.
Meanwhile, all trading grinded to a halt because traders will not accept old currency, even though there was a month to go before it became illegal tender. By the time new notes emerged from the banks, a two-tier price system developed in the economy. If you come to buy something the trader will ask you, “Are you paying with new or old currency?”
Right now however, the biggest question is, why did CBN spring this trauma upon us in the middle of a general election campaign? Emefiele said the Federal Executive Council [FEC] approved it. Including the timing? Why not wait until after the election at least? The campaigns will be turned upside down in the next few weeks, right until election eve, as people abandon everything else and scramble to change their money.
While our cities and towns now have a lot more banks than there were in 1984, people living in the rural areas will suffer more because they don’t have as many banks. The rural economy is still mostly cash based, hence they have the biggest challenge of deposing old money in the banks.
The timing is very bad. It is remarkable that the Federal Executive Council approved such a potentially disruptive and traumatic event in the middle of a general election campaign.
Mahmud Jega
26th October, 2022
Politics
Political Undertones As APC Chairman Buries Mother in Jos
▪︎▪︎▪︎APC/PDP Renew Battle For Control of the Soul of the Plateau.
By: Special Correspondent.
All roads led to Jos, the Plateau state capital last Saturday, as President Bola Ahmed Tinubu led APC Governers, ministers and top government officials, for the burial of Madam Lydia Yilwatda Goshwe; mother of the National Chairman of the All Progressives Congress, APC, Professor Nantawe Yilwatda.
Madam Yilwatda, who died penultimate week, was buried with pop and peagentry, which started with the service of songs on Friday, through a church service at the COCIN headquarters, before the final interment at Kanke
Our correspondent reports that, while burial activities were going on, a serious political drama was equally playing out on the sidelines.
It was an occassion of tears and Tributes, on one hand, just as it was a test of political strength, on the other, with the ruling Peoples Democratic Party, PDP, in the state and the APC re-enacting the battle for the soul of the plateau, ahead of the 2027 general elections.
Emotions poured out as various speakers paid glowing tributes to the late APC Chairman’s Mother, with
President Bola Ahmed Tinubu, in particular, describes the late matriah of the Goshwe lineage as “a woman of deep faith and boundless love,”.
Tinubu said that her legacy of service and sacrifice to humanity will continue to inspire generations.
To the Plateau state Governor, Caleb Manaseh, the funeral of Mama Lydia Yilwatda brought honour to Plateau state with President Tinubu’s attendance.
While thanking the President for honouring the people of Plateau with his presence, he described it as a gesture of love and unity.
The chief mourner Proffessor Nantawe poured out his emotions as he spoke about his mother’s strength.
He said, in a cracking voice,how “At age 36, doctors said she had only two years to live—but God gave her 47 more. She lived for others and gave everything to her family.”
In thanking President Tinubu and the Progressive Governors Forum, as well as the people of Plateau for their support, promising to carry his mother’s lessons of faith and service into his new role as APC National Chairman, Professor Yilwatda said the pains of the loss has been cushioned by the general show of solidarity.
Our correspondent who has been in Jos however reports that, the funeral wasn’t just a farewell to the Chairman’s mother, it was a rhedezvous for political leaders who thronged Jos to register their allegiance and scheme against 2027.
The Plateau state government rolled out the drums to welcome the President to Jos, but not without a show of the political strength of the Peoples Democratic Party, PDP, as the ruling party on the Plateau.
Ahead of President Tinubu’s arrival to the coal city, every electric pole in Jos city was darbed in the flag of the PDP, while strategic roundabouts were adorned with welcome banners for the President.
Findings indicate that Governor Caleb Muftwang had ordered all government officials to avail themselves of the presidential visit and deployed logistics for participation in the burial.
The All Progressives Congress, which Chairman is from the state, had its own plans to make a political statement with the burial.
Prominent politicians who are from Plateau state have been holding meetings and strategizing on how to turn the apple cart in 2027 by retaking the state from the PDP.
The APC stalwarts are planning to show their disapproval of Governor Caleb Muftwangs reluctance to accept President Tinubus offer of a softlanding if he decamps to the APC.
Our findings reveal that the governor had initially agreed to move into the APC at his meeting with the president, only to renege.
As part of plans to show their resolve of taking Plateau from the PDP, the entire Federal Government structure, led by the President, as well as that of states governed by the APC relocated to Jos, during the burial.
Since Friday, when the burial rites started, Jos was turned into a political battlefield with the APC and PDP showing of their followerships.
Placard bearing youth with various inscriptions lined up the streets as support groups fall over themselves in trying to impress President Tinubu, while the PDP worked underground to show that they are in charge in Plateau.
In the residences of former Governor Simon Bako Lalong, former deputy Governor Pauline Tallen and Senator I D Gyang, the national coordinator of Team Tinubu 2027, political consultations continued throughout the night, on the best strategies to outshine the PDP during the burial.
Before leaving Jos, President Bola Tinubu held meetings with church leaders on how to win the sympathy of Northern Christians in the face of perceived challenges from the core northern states.
A source close to Governor Muftwang told our correspondent that, plateau people were not bothered by the heavy presence of APC jaguarnauts, arguing that, since they were all imported to intimidate the PDP, the people of Plateau will eventually decide, who governs the state in 2027.
But a prominent member of the Team Tinubu 2027, who prefers anonimity told National Trail, that, the burial seemed to show the overwhelming popularity of the APC in Plateau.
He confirmed that most political figures in Plateau have accepted to work for President Tinubu from the background, even if they may not officially decamp to the APC.
Governor Muftwang seem to suggest in his own speech during the funeral, that, he is prepared to work for the Renewed Hope agenda, along with the President’s wife, Oluremi Tinubu.
Political analysts believe that, with Professor Nantawe as national Chairman of the APC, Plateau state could be the melting pot of the 2027 politics.
National Trail can safely report, that, part of the mandate handed down to the new APC chairman, was to deliver his state back to the APC.
The days ahead will confirm if the permutations are true to the effect that, last Saturdays burial, was a pointer to what nay obtain in the journey towards 2027.
Politics
DR. Olofu Declares For Senatev…Receives Royal Blessings From Traditional Council

By Hassan Taiye
In a grand display of support and solidarity, Dr. David Olofu, President of the Apa Legacy And Sustainability Initiatives, has officially declared his intention to run for the Benue South Senatorial District seat.


The declaration was met with jubilation and royal blessings from the traditional councils of Apa and Agatu Local Government Areas.
During a colorful ceremony at the council halls in Ugbokpo and Obagaji, Dr. Olofu received the honorific chieftaincy title of “Ojimeli K’APA” from the Odejo K’Apa, Chief John Antenyi.
The monarch invoked the ancestral spirit (Alekwu) of Apa and the Almighty God to lead Dr. Olofu to victory, saying, “Tabeje, tabeje, tabeje. All my predecessors will fight for you to bring home victory. And, the Almighty God will lead you to victory.”
The Ada’Agatu, Dr. Godwin Onah, on his part also bestowed his blessings on Dr. Olofu, urging all Agatu sons and daughters to support his senatorial quest.
“We thank God that we now have somebody who has volunteered to gun for the position, and it is incumbent on us to support him stoutly,” he declared.
In his declaration speech before the traditional leaders and later at the party secretariats in the two local government areas, Dr. Olofu outlined his vision for the Benue South Senatorial District, promising to stimulate development and galvanize growth in the entire Benue South Senatoria District.
He highlighted his experience as a past Commissioner of Finance in Benue State and his role as Chairman of the Forum of Commissioners of Finance in Nigeria, saying, “If given the opportunity, I know how to leverage on government to attract development projects to all the nooks and crannies of the Benue South Senatorial District.”
Dr. Olofu also pledged to create industrial corridors in all quadrants of the senatorial district to curb unemployment and address the protracted security challenges facing the area.
He expressed optimism about harnessing the potential of the River Benue and the senatorial district’s mineral resources to drive economic growth and development.
The occasion was marked by jubilation, with thousands of people trooping out to catch a glimpse of the new aspirant.
The leadership of the African Democratic Congress in Apa and Agatu Local Government Areas endorsed Dr. Olofu’s aspiration, citing his generosity and goodness, particularly his scholarship and women empowerment schemes, which have benefited many in the senatorial district.
Politics
Kaduna: The Gov Has Shown That Muslims Can Associate With Christians By Leading By Example- Ex Gov

Former Edo State governor and All Progressives Congress (APC) chieftain, Senator Adams Oshiomhole, has hailed Kaduna State Governor Uba Sani for promoting peace and religious tolerance in the state.
In a viral video shared on Channels TV’s official X handle on Sunday, October 5, 2025, Oshiomhole praised Sani’s leadership, describing him as a unifying figure who has fostered harmony between Christians and Muslims.
His comments came while reacting to former Kaduna governor Nasir El-Rufai’s claim that President Bola Ahmed Tinubu would lose the 2027 presidential election. Oshiomhole dismissed the prediction, noting that El-Rufai had made similar remarks about other political leaders in the past. He stressed that the APC remained strong and united.
Highlighting the progress under Governor Sani, Oshiomhole said Kaduna had overcome the divisions that previously hindered its development. He noted that the governor’s inclusive approach has brought Southern and Northern Kaduna residents closer together.
“As a Kaduna boy, it is easy to hear from the streets that the major issue that slowed down Kaduna’s development for a long time is the division that politicians have exploited between Southern and Northern Kaduna. The new governor has woven them together. He has shown that a Muslim can associate with a Christian by leading by example. Kaduna has now returned to peace,” he said.
Oshiomhole’s remarks have drawn widespread reactions online, with many commending Governor Uba Sani’s efforts at strengthening unity and building trust across religious lines.
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