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Newspaper Headlines: ISWAP ‘distributes’ old naira notes to passengers in Borno

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
January 31, 2023 7:53 am

Reports on the scarcity of the new naira notes dominated the cover pages of Nigerian newspapers.

The Punch reports that some angry youths in Kano state hauled stones at the advance convoy of President Muhammadu Buhari during an official visit. The newspaper says the federal government has backed the decision of the United States to impose a visa ban on election riggers in Nigeria.
The Nation reports that banks, on Monday, failed to dispense the new naira notes in banking halls and automated teller machine terminals. The newspaper says Bola Tinubu, presidential candidate of the All Progressives Congress (APC), has promised that Akwa-Ibom will savour prosperity as an oil-producing state if elected.
Daily Trust says point of sale (POS) operators have hiked the charges on cash withdrawal amid the scarcity of the new naira notes. The newspaper reports that suspected members of the Islamic State of West Africa Province (ISWAP) have distributed huge amounts of old naira notes to scores of commuters along the Maiduguri/Monguno highway in Guzamala LGA of Borno state.
Daily Independent reports that the United Nations (UN) has warned that Nigeria cannot afford to fail in the forthcoming elections. The newspaper says the Central Bank of Nigeria (CBN) has directed commercial banks to, henceforth, pay cus­tomers over-the-counter with the lower naira denominations.
Daily Sun reports that the Nigeria Labour Congress (NLC) has threatened to stage a protest over fuel and new naira notes scarcity. The presidential campaign council of the Peoples Democratic Party (PDP) said Atiku Abubakar, the flagbearer, will grant unconditional release to Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), if elected president, the newspaper says.

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