close
Wednesday, January 25, 2023

Gov. Ortom asks CBN to extend deadline on old naira notes

The governor said since the new notes were not much in circulation, it was not possible, especially for the rural dwellers, to meet up with the deadline.

• January 25, 2023
Governor Samuel Ortom and Emefiele
Governor Samuel Ortom and Emefiele

Governor Samuel Ortom of Benue has called on the Central Bank of Nigeria (CBN) to extend the deadline for the use of the old naira notes, especially for those in rural areas.

Mr Ortom made his feelings known when the governing council and management of the Joseph Sarwuan Tarka University, Makurdi (JOSTUM) paid him a courtesy visit on Wednesday in Makurdi, the state capital.

“I join the National Assembly members to prevail on the CBN to extend the deadline of exchange of the old naira notes,” Mr Ortom said.

The governor said since the new notes were not much in circulation, it was not possible, especially for the rural dwellers, to meet up with the deadline, adding that most of them did not even have bank accounts.

“If we do not say it as it were, we are liars and sycophants. Things are not right in this country.

“We want to let the president know that people are suffering and something must be done to reduce it,” Mr Ortom said.

He commended President Muhammadu Buhari for heeding the demand of immortalising late Joseph Sarwuan Tarka by changing the name of the Federal University of Agriculture, Makurdi to JOSTUM.

He, however, alleged that the host community of the school was shortchanged, adding that the money that was released for compensation did not get to them.

“So, relocation of the people to other areas became a problem. That is why they are still laying claims to the land.

“We have formed a committee and we will bring in the management of the school into it. This will enable us to see how we will have a win-win situation for both the host community and the institution,” Mr Ortom said.

Also, the chairperson of the council, Edith Uwajumogu, said she was grateful to God for making her the first female pro-chancellor of the university since its inception.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Air Force fighter jets used to illustrate the story.

Heading 3

Nigerian Air Force mistakenly bombs over 100 civilians near Nasarawa-Benue border

Charred remains of at least 47 people so far confirmed killed were seen by The Gazette, with 27 bodies promptly buried to conform with Islamic rites.

Ondo Amotekun, Hooded Okada riders

States

Kidnapping: Amotekun begins clampdown on unregistered, hooded Okada riders in Ondo

The action followed the alarming rate at which passengers boarding commercial motorcyclists got missing in the state.

ATM queue

Economy

Bank customers decry scarcity of new naira notes at ATMs, POS

At Ecobank at Ikpoba Hill, bank customers could only withdraw N5,000 with the new notes across the counter, while the bank’s ATM was not dispensing cash.

Bola Tinubu in Abeokuta

Hot news Home top

Buhari regime using fuel scarcity, naira notes crisis to suppress my election chances: Tinubu

The ruling party’s presidential candidate campaigned in Abeokuta on Wednesday.

Minister of aviation Hadi Sirika (Credit: Twitter)

Rights

Aviation Workers Strike: Minister vows to deal with agitators in future

The minister said efforts were made to ensure no essential service is disrupted by anybody no matter how aggrieved.

Aro Bagger cult, Edafe Bright

States

Police nab secret cult kingpin in Delta

Mr Edafe said the suspect was apprehended by the team on Monday in an undisclosed hotel following reports of cult clashes in Sapele and other parts of the state.