Ayekooto Profile picture
Mar 14 4 tweets 2 min read
Q:On the naira redesign & the role in d economy

Sanwo-Olu:It has affected the economy of our people and the state in no small measure. We need to learn from countries like Saudi Arabia, England and others where the old and new notes continue to run concurrently for over a year
Like the supreme court judgement has now ascertained, it is good news for me and I hope that the banks can open up their vault since we have about 8 months for the policy to catch up.

The CBN said the policy was to drive the cashless economy, it is well-intended,
however, it must be well intended, we need to have a viable internet economy nationwide, not only in Lagos.

Q: On tribalism and religious sentiment in this election cycle

Sanwo-Olu: We must not allow that sentiments, bigotry and otherwise be what will divide us.
We must watch our utterances and ensure that we are not divisive. It is about the ordinary, everyday people. They own the mandate and it is about them. We must support whosoever wins.

#SanwoAgain #SanwoLekansi

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Ayekooto

Ayekooto Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @DeeOneAyekooto

Mar 14
"....The youngest person on the ballot for the gubernatorial elections is 40. I am 57 today, let me discount my age. What have I done at 40? ....
"At 40, I have done things – I led several investment banks, 3 of them. I have worked in prospecting for Oil as part of my private sector experience. In the public sector, at 40, I have served as SA to the governor of Lagos, I have presented d budget of the state to the assembly
"At 40, I have had 5ys of public sector experience. Two of important parastatals in Lagos were reporting to me. So, it is not just about going to school, what have u done in different sectors of the economy? How have you been able to show empathy? Lagos is not a testing ground...
Read 4 tweets
Mar 14
@PeterObi, you went on air to tell lies as usual. Abiola lost in the SE. Even Ojkwu told reporters at the airport that he won't support Abiola because Igbo blood is on the NRC Ticket which had Sylvester Ugo, Biafra's Central Bank Governor on the ticket. I AM A LIVING WITNESS
Yes, some right thinking Progressives in the SE supported Abiola and stood firmly with him. But vast majority who preferred Sylvester Ugo to him. They did so them smartly without showing crass hatred to others, may be because IPOB wasn't existing then.
On the issue of annulment, the struggle to annul Abiola's victory was championed by Oguta Born Arms Trader Arthur Nzeribe, of course he purchased a Macaroni from the SW too to make it look neutral. Nzeribe, the chairman of Ass. For Better Nigeria ABN was the brain behind it.
Read 5 tweets
Mar 13
SANWO-OLU: OLD NAIRA NOTES REMAIN LEGAL TENDER

The Lagos State Government has noted the hardship sparked by the Naira redesign policy, which has affected business and commercial activities.
There is no reason to reject the old notes, going by the Supreme Court judgement delivered on March 3, 2023. The apex court declared that “no reasonable notice was given as required by Section 20(3) of the CBN Act,”
noting that the public only became aware of the policy through press remarks, which cannot qualify as a notice to the public.
Read 6 tweets
Mar 13
The polls on Saturday in one of Nigeria’s most politically turbulent states were the first in a cycle of state and federal votes culminating in presidential elections due in April 2011.
Diplomats and investors hope Africa’s most populous nation can avoid a repeat of the chaos seen during the 2007 elections which brought Pres Umaru Yar’Adua to power, polls marred by widespread ballot-stuffing and voter intimidation.But the signs from Anambra were not promising
Voters complained their names were not on electoral rolls, while the main candidates -- including the winner, Peter Obi -- complained of irregularities. Some election observers said there seemed to have been a deliberate attempt to exclude many voters.
Read 7 tweets
Mar 13
SPECIAL PUBLIC ANNOUNCEMENT

Commercial banks have been directed by the Central Bank to dispense old currency notes and to also receive same as deposits from customers.
Tellers at the commercial banks are to generate the codes for deposits and there is no limit to the number of times an individual or company can make deposits.

The Governor of the CBN gave the directive at a Bankers’ Committee meeting held on Sunday, 12th March, 2023.
The Governor, Dr Godwin Emefiele, personally confirmed the above to me during a phone conversation on Sunday night. Residents of Anambra are therefore advised to freely accept & transact their businesses with d old currency notes (N200; N500; and N1,000) as well as the new notes
Read 5 tweets
Mar 13
It was learnt that the N500 million windfall was mobilised through high-level CBN agents in Lagos. It was described as “Oga’s own contribution to the takeover-Lagos-from- Tinubu’s-influence, now that he has become the president-elect and will be relocating to Abuja”.
It was learnt that Emefiele had worked to ensure that Tinubu did not emerge as presidential candidate and president-elect.
Sources said the cash bonanza is intended to give undue advantage to the LP candidate, Mr. Gbadebo Rhodes-Vivour, over the two other major contestants – incumbent Governor Babajide Sanwo-Olu of the APC and Mr. Olajide Adediran of the Peoples Democratic Party (PDP),
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(