• About
  • Advertise
  • Contact
Wednesday, May 21, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home National

Buhari Summons Emergency Meeting Of National Council of State Over Fuel, Naira Crises

Vital News by Vital News
February 8, 2023
in National
0
REVEALED : How Aso Rock Cabal Misled Buhari Into Fuel, Naira Crises Over Plot To Make Atiku President
Share on FacebookShare on Twitter

President Muhammadu Buhari has summoned an emergency meeting of the National Council of State for Friday, February 10 to discuss crises created by the lingering fuel scarcity, new naira redesign and other issues including insecurity.

The national crises created by new naira redesign and fuel scarcity had led to protests in various parts of the country. 

The governor of the Central Bank of Nigeria (CBN) is expected to provide an update on the new currency redesign policy scheduled to take place at the Council Chambers, Presidential Villa, Abuja, at 10 am. 

Credible Presidency sources said that the Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu as well as the Inspector General of Police (IGP), Usman Alkali Baba, will brief the council on the preparation for the February 25 presidential and National Assembly elections as well as March 11 governorship and state houses of assembly polls. 

The meeting, it was learnt, will take major decisions to douse tension ahead of elections and avert a potential national crisis given anger over the scarcity of new naira notes.

RelatedStories

Time Magazine Names Aliko Dangote Among Top 100 Philanthropists In The World

Poverty Alleviation: TMSG Hails FG’s Fast-tracked Cash Transfer To 15 million Vulnerable Households

ROADS TO REBIRTH : How Governor Ododo Is Leveraging Multilateral Partnership To Transform Road Infrastructure In Kogi State BY ISMAILA ISAH

How President Tinubu, Peter Obi, Kayode Fayemi Meet At The Vatican

The National Council of State is an organ of the Nigerian government whose functions include advising the executive on policy making. 

Membership of the Council comprises President Buhari, Vice President Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha, former presidents, former heads of state, former chief justices of Nigeria, President of the Senate, Ahmad Lawan, Speaker of the House of Representatives, Femi Gbajabiamila, governors of the 36 states of the federation and the Attorney General of the Federation, Abubakar Malami (SAN). 

Meanwhile, the Pan Yoruba socio-political group, Afenifere, has set the agenda for the Council of State ahead of its meeting. 

Coming against the backdrop of the naira scarcity and fuel shortage, which has crippled businesses, the group said there must be solutions to the current challenges from the Council of State meeting. 

National Publicity Secretary of Afenifere, Comrade Jare Ajayi in a chat with Daily Trust, said Nigeria is in a critical moment and tasked members of the council to come up with pragmatic solutions to the crises at hand. 

He said, “This is a momentous period in Nigeria given the number of lives that have been lost, given the number of businesses that have collapsed and are in danger as a result of the unavailability of naira, people are queuing in the banks to get the cash they don’t get the cash. 

“A lot of lives have been lost in the process and of course, a lot of people are queuing in the petrol stations, they are not getting fuel. 

“And within the next few weeks, we would be undergoing elections.

“We are calling on President Muhammadu Buhari and all the past presidents and heads of state as well as governors and retired chief justices and all those who are members of the Council of State to realise that this is a crucial moment in the annals of Nigeria. 

“We are saying that first, CBN must flood the commercial banks with cash, especially new currencies.

“Two, the deadline must be extended. February 10 is certainly unrealistic. It must be extended for at least the next three months. 

“Afenifere is insisting that February 10 is unrealistic for Nigerians to be able to get the currencies. 

“On the issue of fuel scarcity, NNPCL must be geared up. What we are experiencing is not what we should be experiencing given the fact that God endowed us with crude oil.

“We shouldn’t be suffering and coming at a time when we are facing this election, it is also something terrible about our country. So the petrol scarcity and currency crunch must be addressed. 

“Also the need to ensure free, fair and credible elections must attract the attention of the council of state.

“So that tomorrow we would hear that the president has extended the deadline for the currency swap from February 10 to at least the next three months and then, of course, all necessary machinery must be put in place to ensure free, fair and credible elections.”

Efforts to get the northern elders to set agenda ahead of the council meeting yielded no result. (Daily Trust)

Tags: CouncilFuelmeetingState
Previous Post

Kogi NUJ Applauds Bello’s Legacy Projects In Health, Education Sectors

Next Post

We Need Cash To Conduct Elections, INEC Cries To CBN

Vital News

Vital News

RelatedStories

Time Magazine Names Aliko Dangote Among Top 100 Philanthropists In The World
Business

Time Magazine Names Aliko Dangote Among Top 100 Philanthropists In The World

May 21, 2025
We Are Better Off Together, President Tinubu To Malian Leader
Economy

Poverty Alleviation: TMSG Hails FG’s Fast-tracked Cash Transfer To 15 million Vulnerable Households

May 19, 2025
Ododo, Minister, Other Stakeholders Laud Kogi’s Groundbreaking Annual Media Repor
Opinion

ROADS TO REBIRTH : How Governor Ododo Is Leveraging Multilateral Partnership To Transform Road Infrastructure In Kogi State BY ISMAILA ISAH

May 19, 2025
How President Tinubu, Peter Obi, Kayode Fayemi Meet At The Vatican
National

How President Tinubu, Peter Obi, Kayode Fayemi Meet At The Vatican

May 18, 2025
Nigeria Born Pastor, Timothy Omotoso, Deported From South Africa
National

Nigeria Born Pastor, Timothy Omotoso, Deported From South Africa

May 18, 2025
Next Post
2023 Elections : Nigerians In Diaspora Sue Buhari, INEC

We Need Cash To Conduct Elections, INEC Cries To CBN

Workers To Get New Minimum Wage In 2024 – FG

43,000 Passengers Use Lagos Waterways Daily – Sanwo-Olu

LASG Trains Youths On Community Development

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Police Arraign Ekiti Woman For Reneging On Marriage Promise After Collecting N607,500 From Suitor

18-year-old Girl Drugs Boyfriend In Ibadan, Steals His N4mln

3 months ago
Crime Alert Security Network Managing Director, Amos Olaniyan Bags Fresh 63 years Imprisonment

Crime Alert Security Network Managing Director, Amos Olaniyan Bags Fresh 63 years Imprisonment

3 weeks ago
Dangote Celebrates African Young Global Leaders

Dangote Celebrates African Young Global Leaders

2 years ago

Unvaccinated civil servants, visitors bar from entering offices in Abuja

3 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death dies drugs Economy EFCC Election elections FG Fraud gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power rescue road Security Senate students Tinubu
No Result
View All Result

Highlights

Taraba Government Under Fire as Correspondents’ Decry Exclusion, Boycott State Activities

Governor Ododo, Religious Leaders Meet To Strengthen Tolerance, Security In Kogi

Time Magazine Names Aliko Dangote Among Top 100 Philanthropists In The World

Oyo Govt., Police To Investigate Killing Of Secondary School Student By Police In Ibadan

Wanted Zamfara Bandit Kingpin, Sani Galadi Arrested By DSS At Sokoto Hajj Terminal

Poverty Alleviation: TMSG Hails FG’s Fast-tracked Cash Transfer To 15 million Vulnerable Households

Trending

There Are So Many Boko Haram Informants Among Politicians, Military, Communities – Gov. Zulum
News

There Are So Many Boko Haram Informants Among Politicians, Military, Communities – Gov. Zulum

by Vital News
May 21, 2025
0

Governor Babagana Zulum of Borno State has alleged that some politicians and members of the armed forces...

Tinubu Removes Registrar Of TRCN, Appoints Soyombo As Replacement

Tinubu Removes Registrar Of TRCN, Appoints Soyombo As Replacement

May 21, 2025
President Tinubu Returns To Abuja After Attending Inauguration Mass Of Pope Leo XIV

President Tinubu Returns To Abuja After Attending Inauguration Mass Of Pope Leo XIV

May 20, 2025
Taraba Government Under Fire as Correspondents’ Decry Exclusion, Boycott State Activities

Taraba Government Under Fire as Correspondents’ Decry Exclusion, Boycott State Activities

May 20, 2025
Governor Ododo, Religious Leaders Meet To Strengthen Tolerance, Security In Kogi

Governor Ododo, Religious Leaders Meet To Strengthen Tolerance, Security In Kogi

May 20, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • There Are So Many Boko Haram Informants Among Politicians, Military, Communities – Gov. Zulum May 21, 2025
  • Tinubu Removes Registrar Of TRCN, Appoints Soyombo As Replacement May 21, 2025
  • President Tinubu Returns To Abuja After Attending Inauguration Mass Of Pope Leo XIV May 20, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In