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Nigerians React Ask Central Bank Of Nigeria Challenges Femi Falana’s Legal Standing In Naira Depreciation Lawsuit

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Nigerians React Ask Central Bank Of Nigeria Challenges Femi Falana’s Legal Standing In Naira Depreciation Lawsuit....KINDLY READ THE FULL STORY HERE▶

The Central Bank of Nigeria (CBN) has raised concerns regarding the legal basis for human rights lawyer Femi Falana’s request to the Federal High Court to halt the concerning devaluation of the Naira. In a preliminary objection filed against Falana’s lawsuit regarding the Naira’s falling value and the dollarization of the economy, the CBN has questioned Falana’s eligibility and the court’s jurisdiction to address the matter. Additionally, the CBN has sought the case’s dismissal on the grounds that it has exceeded the statute of limitations.

Falana, in case number FHC/L/CS/470/23, had asked the court to order the CBN to prevent market forces from determining the Naira’s exchange rate in line with Section 16 of the Central Bank Act. He also requested the court to compel the CBN to halt the dollarization of the economy, as Section 20(1) of the Act designates the Naira as the sole legal tender in Nigeria.

However, in the preliminary objections presented by Adeleke Agboola, SAN, on behalf of the CBN, the central bank argued that Falana has not demonstrated that he would be disproportionately affected by the CBN’s exchange rate policy compared to other Nigerian citizens. The CBN asserted that Falana lacks the legal standing to initiate the case and has not reported those involved in dollar trading in Nigeria.

Additional objections put forward include the absence of evidence that the CBN acted in bad faith and the failure of the plaintiff to present a reasonable cause of action against the CBN. The bank has asked the court to either dismiss the case or, as an alternative, strike it out, citing its lack of jurisdiction to hear the matter.

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Makinde Breaks Silence As Tinubu’s Planned APC Rally At Mapo Hall Sparks Reactions.

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Oyo State Governor, Seyi Makinde, has declared that his administration will not deny any political party access to public facilities in the state, provided it complies with the established rules and regulations.....KINDLY READ THE FULL STORY HERE▶

According to reports, the governor stated this in a statement issued on Tuesday by his Special Adviser on Media, Sulaimon Olanrewaju.

Makinde was reacting to concerns over the proposed use of the historic Mapo Hall in Ibadan by the All Progressives Congress (APC) for its presidential campaign rally.

President Bola Tinubu is expected to visit Ibadan, the Oyo State capital, on November 21 for the APC rally scheduled to hold at Mapo Hall.

The planned event comes as political activities intensify ahead of the 2027 general elections, with the proposed venue attracting public attention.

Addressing the issue, Makinde maintained that public facilities belong to the people of Oyo State and should be managed transparently and fairly, without political bias.

According to him, “public assets belong to the people of Oyo State and must be administered in a manner that is transparent, equitable, and devoid of partisan considerations.”

The governor stressed that his administration remains committed to ensuring a level playing field for all political stakeholders, irrespective of their party affiliations. He added that democracy thrives when political parties have equal opportunities to engage with voters within the confines of the law.

Makinde further explained that access to government-owned facilities is subject to established procedures and regulations designed to ensure proper use, maintenance and public order.

He stated that any political party or organisation that meets the stipulated requirements should not be subjected to discrimination or unfair restrictions when seeking to use such facilities.

The governor also urged political actors to conduct their activities peacefully and responsibly. He called on relevant authorities to handle requests for public facilities professionally, fairly and without prejudice.

The statement reaffirmed the Oyo State Government’s commitment to promoting political tolerance, safeguarding democratic freedoms and creating an environment where legitimate political activities can take place in accordance with the law.

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‘I Have Never Spoken Against El-Rufai’ – Uba Sani Breaks Silence Amid Political Tensions.

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Kaduna State Governor, Uba Sani, has dismissed reports of a rift between him and his predecessor, Nasir El-Rufai, insisting that he has no personal issues with the former governor and has never spoken against him.....KINDLY READ THE FULL STORY HERE▶

Sani made this known during an interview with Trust TV, where he described reports of a fallout between the two politicians as exaggerated.

The governor maintained that he has no problem with El-Rufai, despite speculations in the media suggesting that their relationship has deteriorated.

“I have no problem with El-Rufai; I have never spoken against him,” Sani said.

He accused individuals he described as political jobbers of exaggerating reports of a disagreement between them in a bid to create tension and instability in Kaduna State.

According to him, his administration remains focused on governance rather than engaging in political battles or personal disputes.

Sani also expressed respect for El-Rufai, describing him as his predecessor and leader. He said he would continue to accord him that respect despite the speculation surrounding their relationship.

The governor further stressed that his priority is to promote unity among the people of Kaduna State and deliver democratic dividends, rather than engage in a media war.

He urged residents to disregard rumours of a rift between him and the former governor.

Meanwhile, the African Democratic Congress (ADC) governorship candidate in Kaduna State, Isa Mohammed Ashiru, has accused Sani of being responsible for the challenges currently facing El-Rufai.

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FG, NLC Reach Fresh Agreement: Full Details of ₦70,000 Transport Allowance, Minimum Wage, Pension Talks.

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The Federal Government and the Nigeria Labour Congress (NLC) have reached an agreement on several issues concerning workers’ welfare, including transport allowances, pension payments and outstanding benefits for health workers.....KINDLY READ THE FULL STORY HERE▶

Reports indicate that the agreement was reached during a meeting held at the Federal Ministry of Labour and Employment on Tuesday, October 27, 2026.

The meeting was convened to address concerns raised by the labour union over the rising cost of living and other challenges affecting Nigerian workers.

As part of the agreement, the Federal Government will pay workers a monthly transport allowance of ₦70,000 for six months, beginning in November 2026. The benefit will cover workers across all levels.

The government has also approved pension allowances effective May 1, 2026. Payments of outstanding arrears are expected to commence in November and will be spread across three equal monthly instalments.

In addition, health workers are expected to receive outstanding allowances covering at least 35 months. The government has committed to clearing the arrears within three months, beginning in December 2026.

On the issue of the national minimum wage, both parties agreed to establish a Minimum Wage Negotiation Committee, which is expected to begin work immediately.

However, the Federal Government and the NLC have yet to reach a consensus on when the new minimum wage arrangement should take effect.

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