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    • NAHCON

      Renewed Hope in Hajj Operations: NAHCON Records Milestone Achievements Under Tinubu…

      Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

      FG Reaffirms Non-Interference in ICPC, EFCC Operations

      ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

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      Nigeria Customs Aligns with Finance Ministry over 4% FOB Policy Review

      Members Board of Directors of Dangote Refinery

      Dangote Refinery Deploys 4,000 CNG Trucks, Promises 24,000 Jobs as Fuel…

      Renewed Hope in Central Banking

      Book Review: Renewed Hope in Central Banking – A Blueprint for…

      NAHCON

      Renewed Hope in Hajj Operations: NAHCON Records Milestone Achievements Under Tinubu…

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    • NAF Air Strikes Kill Scores of Terrorists, Destroy Enclaves in Borno

      FG, States, LGs Share N2.225trn Revenue for August – FAAC

      Tinubu Lifts State of Emergency in Rivers, Reinstates Fubara, Legislators

      Crowned Prince Salman of Saudi Arabia

      Saudi Frees Nigerian Pilgrims Framed by Drug Syndicate

      President Bola Ahmed Tinubu and Minister of Women Affairs Imaan Sulaiman-Ibrahim presenting a cheque to women

      Renewed Hope Agenda: Group Passes Vote Of Confidence On Tinubu’s Minister,…

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      • FG, States, LGs Share N2.225trn Revenue for August – FAAC

        ICPC Secures Six-Year Jail Term for Sokoto River Basin Director

        Chairman NAHCON Professor Abdullahi Saleh Usman meets with Katsina State Governor Dikko Radda

        NAHCON Boss Meets Katsina Governor, Pushes for Early 2026 Hajj Payments,…

        MURIC to Alaafin: No Law Grants You Power to Appoint Chief…

        President Bola Ahmed Tinubu and Minister of Women Affairs Imaan Sulaiman-Ibrahim presenting a cheque to women

        Renewed Hope Agenda: Group Passes Vote Of Confidence On Tinubu’s Minister,…

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    • NAF Air Strikes Kill Scores of Terrorists, Destroy Enclaves in Borno

      ICPC Secures Six-Year Jail Term for Sokoto River Basin Director

      Police Officer

      Kaduna Police Arrest Two Suspects Over Illegal Possession of Firearms

      Nigeria’s Minister of Defence, Mohammed Badaru Abubakar,meets with Security Leaders in Beijing

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      Nigeria Fights Back Against Banditry and Insecurity By Senator Iroegbu

      A Group of Terrorists/Bandits

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    • ICPC Secures Six-Year Jail Term for Sokoto River Basin Director

      Chairman NAHCON Professor Abdullahi Saleh Usman meets with Katsina State Governor Dikko Radda

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      Kaduna Police Arrest Two Suspects Over Illegal Possession of Firearms

      Crowned Prince Salman of Saudi Arabia

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  • Event
    • Chairman NAHCON Professor Abdullahi Saleh Usman meets with Katsina State Governor Dikko Radda

      NAHCON Boss Meets Katsina Governor, Pushes for Early 2026 Hajj Payments,…

      Flier for the programs that happened for the elderly by members of BUKAA FCT

      BUKAA FCT Appreciates Sponsors after Aerobics, Football Exercises

      Prof. Abubakar Mu’azu

      UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication

      NIPR President Ike Neliaku

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  • E-Paper

    New Naira: MACBAN Warns CBN over Plights of Herders, Farmers who have no Bank Accounts

    By
    Muhammad Nura
    -
    February 4, 2023

    New Naira: MACBAN Warns CBN over Plights of Herders, Farmers who have no Bank Accounts

    The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), the umbrella body of Nigerian pastoralists has called on the Central Bank of Nigeria (CBN) to extend the deadline for the change of currency to cater for those pastoralists and small scale farmers living in the rural areas with no access to Banking infrastructure.
    MACBAN observes that because of the insurgency in the North East and North West of the country and other related security issues those who deal with livestock and who are excluded from the current Banking system in the country coupled with the debilitating network challenges, economic activities in the remortest areas have been crippled.

    While MACBAN supports the Federal Government in it’s current policy that seek to stem money laundering, terrorism financing, unregulated liquidity in the market and to curtail the use of money in politics.
    Reports from our members across the states show that unless the policy is modified, livestock markets across the states will be crippled as most the small livestock holders can’t accept money transfers for now.

    Read Also:

    • NAF Air Strikes Kill Scores of Terrorists, Destroy Enclaves in Borno
    • FG, States, LGs Share N2.225trn Revenue for August – FAAC
    • ICPC Secures Six-Year Jail Term for Sokoto River Basin Director

    Now that An average cow costs between N250,000-N350,000, far above the cash transaction allowed by the CBN. The question is how will pastoralists who don’t have bank accounts be paid when they had no access to Banks and POS even service in the rural areas?.
    MACBAN states its member are some of the biggest victims to the security challenges in country the last eight years haven so far lost over 10,000 of its members and over 4.5 million livestock due to insurgency in the North East, banditry in the North West and cattle rustling in the North Central.
    The Association noted that It’s time for CBN come out and tell pastoralists and those who live on the fringes how they can be mainstreamed so that all Nigerians are made to share the gains and not only the pains ..
    MACBAN regrets that policies designed for urbanised Nigerians are imposed on rural people who lack all the infrastructure for a seamless inclusion into the mainstream Economy.

    The sensitization for the new policy ought to have been well thought and after the takeoff of the programme. This is what we as a body intend to hear and be engaged so as to enlighten our members rather than expose them to the dangers of hearsay, misinformation and insinuations that could lead to induced rebellion.
    While this policy has its long time benefits, let the CBN ease the difficulty that has arisen now.

    Muhammad Nura
    National PRO

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    NAF Air Strikes Kill Scores of Terrorists, Destroy Enclaves in BornoFG, States, LGs Share N2.225trn Revenue for August – FAACICPC Secures Six-Year Jail Term for Sokoto River Basin DirectorNAHCON Boss Meets Katsina Governor, Pushes for Early 2026 Hajj Payments, Promises Easier ExerciseKaduna Police Arrest Two Suspects Over Illegal Possession of FirearmsTinubu Lifts State of Emergency in Rivers, Reinstates Fubara, LegislatorsBadaru Joins Global Leaders at Beijing Forum on Peace, SecuritySaudi Frees Nigerian Pilgrims Framed by Drug SyndicateTroops Ambush Bandits in Plateau, Neutralise One MURIC to Alaafin: No Law Grants You Power to Appoint Chief Imam of OyoRenewed Hope Agenda: Group Passes Vote Of Confidence On Tinubu’s Minister, Imaan Sulaiman-IbrahimNigeria Fights Back Against Banditry and Insecurity By Senator IroegbuNigeria Fights Back Against Banditry and InsecurityNavy Retrains Personnel on Weapon Handling to Boost Operational EfficiencyFirefighters Rescue Nine Victims from Burning 6-Storey Building in Lagos
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