Jungle Journalist Media Limited
  • News
  • Politics
  • Economy and Business
  • Sports
  • Editorial
  • Education
  • entertainment
  • Health
  • Niger Delta
  • Security
No Result
View All Result
  • News
  • Politics
  • Economy and Business
  • Sports
  • Editorial
  • Education
  • entertainment
  • Health
  • Niger Delta
  • Security
No Result
View All Result
Jungle Journalist Media Limited
No Result
View All Result
  • News
  • Politics
  • Economy and Business
  • Sports
  • Editorial
  • Education
  • entertainment
  • Health
  • Niger Delta
  • Security

Home » Economy and Business » Tinubu group collect old naira notes, distribute new notes to people in video 

Tinubu group collect old naira notes, distribute new notes to people in video 

by Jungle Journalist
February 22, 2023
31
SHARES
307
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

 

A support group of the ruling All Progressives Congress (APC) under the aegis of Tinubu Mobilisation Squad embarked on the collection of old naira notes and giving out of new notes to members of the public.

 

In a viral video seen by the media, the promoters said the initiative was aimed at providing succour to suffering citizens, who had found it extremely difficult to access the new naira notes.

 

In the last few weeks, owing to scarcity of the new notes, politicians had blamed the Central Bank of Nigeria (CBN) for not printing enough new notes, which had led to protests in some parts of the country. The apex bank, on its part, blamed politicians for mopping up the new notes for election purposes.

ReadAlso

It Is Evidence Of Desperation – Atiku Mocks APC For Begging Joe Biden To Congratulate Tinubu

Nigerians may use old and new naira notes, both are legal tender —CBN 

 

It was surprising to see the support groups of the ruling party embarking on naira swap, when it was not one of the super agents approved by the apex bank to carry out the task. This, according to commentators, further confirmed the allegation that some politicians were mopping up the new notes.

 

The moderator in the video, which surfaced on the social media recently, can be heard saying, “As you can see, it is ongoing, instead of you going to stress yourself in the bank, we are here taking the old naira notes. And this is as a result of the unreserved…and work of the incoming president of Federal Republic of Nigeria, Alhaji Bola Ahmed Tinubu.

 

“The ongoing programme is proudly sponsored by Tinubu Mobilisation Squad. Don’t forget to get your PVC.”

 

However, where and when the video was shot were not known, but people in the video could be heard speaking Yoruba language, while fuji music played in the background.

 

One observer, who did not want his name mentioned, said, “Where did they get the new notes from? This is a confirmation that these people are behind the hoarding of new notes, now that election is here, they have brought out the new notes to share to people, pretending to care about their suffering. They want to use our suffering that they created to win our sympathy to get our votes.”

 

Another observer, who was not thrilled by the action of the Tinubu support group, called on the security agencies to arrest the members of the group for interrogation on where they got wads of new notes when even the banks don’t the new notes.

 

He said, “These are the people who mopped up the cash from the banks that created the current scarcity. The police, EFCC and other security agencies should arrest these people for interrogation. They hoarded the cash to buy votes. Now that the elections are around the corner, they have started releasing them.  See what they are doing now? Tinubu wants to buy his way to the presidency of Nigeria.”

 

Tinubu had in a scathing attack on President Muhammadu Buhari during the presidential rally of the party in Abeokuta, said fuel scarcity and the naira  redesign were aimed at truncating his electoral victory.

 

But he had expressed optimism that he would emerge victorious.

 

It would be recalled that the Presidential Campaign Council of the Peoples Democratic Party (PDP) had accused the APC leaders, including its presidential candidate, of hoarding the new naira notes for the purpose of buying votes on election day.

 

 

 

 

 

 

Tags: Asiwaju Bola Ahmed TinubuNaira notes
Share12Tweet8Send
Previous Post

Bag with thousands of PVCs found by hunters in Nnewi forest 

Next Post

BREAKING: Supreme Court Takes Decision On Naira Redesign Case

You MayAlso Like

National

I’m the reason Chimaroke lost Senate race, he should stop blaming the wrong people – Ray Nnaji

March 28, 2023
Education

Group lists 50 university vice chancellors/professors, 34 others behind rigging of 2023 polls, exempts Prof Nnenna Oti, 2 others

March 28, 2023
National

2023: Okey Ahiwe salutes Ndi Abia, PDP for support

March 28, 2023
News

Abia State: Freedom at last, by Mazi Ernie Onwumere 

March 28, 2023
National

Abia: APC chieftain Mary Ikoku congratulates Alex Otti 

March 28, 2023
National

To Hell With You’ – Again, Fani-Kayode Slams British Envoy Over Visa Ban Threat

March 28, 2023
Next Post

BREAKING: Supreme Court Takes Decision On Naira Redesign Case

Discussion about this post

Recent Posts

  • I’m the reason Chimaroke lost Senate race, he should stop blaming the wrong people – Ray Nnaji
  • Group lists 50 university vice chancellors/professors, 34 others behind rigging of 2023 polls, exempts Prof Nnenna Oti, 2 others
  • 2023: Okey Ahiwe salutes Ndi Abia, PDP for support
  • Abia State: Freedom at last, by Mazi Ernie Onwumere 
  • Abia: APC chieftain Mary Ikoku congratulates Alex Otti 
ADVERTISEMENT

Recent Comments

  • Ogbuenyi Sunday on Anambra police arrest river-bathing prophet ‘Onye Eze Jesus’
  • Stephen CE on List of international stars who have joined #EndSARS/#EndSWAT and what they said

Trending

VIDEO(VIEWERS DISCRECTION!) Day of rage as Nasarawa mothers go totally naked to protest guber result

Man purchases Prado Jeep for ‘upright’ Abia INEC Returning Officer

Imo-born Billionaire And Labour Party Guber Aspirant Found Dead After Meeting 

After Peter Obi, Ifeanyi Ugwuanyi, Chimaroke Nnamani adds Peter Mbah among those who betrayed him 

BREAKING: Labour Party wins first state as Alex Otti unseat PDP in Abia  

BREAKING: Two Killed As Unknown Gunmen Invade Security Checkpoint In Enugu 

ADVERTISEMENT

Why they want me dead – Eholor 

Bola Tinubu secretly flown abroad

BREAKING: Wike Orders Demolition Of AIT/Raypower Office In Rivers, Issues Quit Notice

SENATE 2023: Election grossly marred, but I am grateful to you all, Ndi Enugu-East —Ada Ogbu 

    ADVERTISEMENT

    Popular Stories

    • BREAKING: Gunmen Take Over Onitsha-Owerri Road, Set Over 10 Vehicles, Goods Worth Billions Ablaze

      2682 shares
      Share 1073 Tweet 671
    • JUST IN: CBN Governor, Godwin Emefiele sacked

      1758 shares
      Share 703 Tweet 440
    • BREAKING: Finland police arrests Simon Ekpa 

      963 shares
      Share 385 Tweet 241
    • BREAKING: IReV Portal Shows Labour Party Won 19 States Plus FCT, PDP 8, APC 7, NNPP 2 States—Baba-Ahmed

      599 shares
      Share 240 Tweet 150
    • NEWS FLASH: Peter Mbah of PDP cruising to victory, wins 14 LGAs in Enugu guber polls 

      507 shares
      Share 203 Tweet 127
    • JUST IN: Daughter of Benin billionaire/CEO of Uyi Technical commits suicide

      460 shares
      Share 184 Tweet 115

    ABOUT US

    Jungle Journalist Media Limited

    Jungle Journalist Media Limited

    Jungle Journalist is an online news and information resource centre dedicated to accurate and timely news reports.

    Read More >>

    CONNECT WITH US

    SECTIONS

    • Agriculture
    • Aviation
    • Biafra
    • birthday
    • Bizarre
    • Breaking News
    • Building and Properties
    • Columnist
    • Community Reports
    • crime
    • Economy and Business
    • Editorial
    • Education
    • Election
    • electricity
    • entertainment
    • Health
    • Holidays
    • Human Rights
    • International
    • Interviews
    • Law
    • Magazine
    • media
    • Money
    • National
    • News
    • Niger Delta
    • North
    • Obituary
    • Oil and Gas
    • Opinions
    • Photos
    • Politics
    • Press Release
    • Religion and Culture
    • Science and Technology
    • Security
    • South East
    • South-South
    • South-West
    • Sports
    • Transport and Aviation
    • Violence
    • Women and Children
    • Worship
    • Youth
    No Result
    View All Result

    NEWS SOURCES

  • Punch
  • Nigerian Tribune
  • The Nation
  • Thisday
  • DailyTrust
  • The Sun
  • Daily Independent
  • PM News
  • Vanguard
  • Premium Times
  • Sahara Reporters
  • The Guardian
  • Leadership
  • Daily Times Of Nigeria
    • About
    • Advertise With Us
    • Privacy Policy

    © 2021 Jungle Journalist Media Limited - Web Designed by AfeesHost.

    No Result
    View All Result
    • News
    • Politics
    • Economy and Business
    • Sports
    • Editorial
    • Education
    • entertainment
    • Health
    • Niger Delta
    • Security

    © 2021 Jungle Journalist Media Limited - Web Designed by AfeesHost.