 And right back with the breakfast and plus TV Africa G.D. Johnson will be joining us For off the press G.D. Johnson. It's good to have you join us this morning. I'm going to say I don't know why I'm saying that this is January, you know the 27th if I'm not mistaken I mean the the season is over already when we're in reality We're seeing live as it is. It's good to have you join us Good morning messy and then good morning poofy. You know, it's the first time we are seeing live About the past two weeks we've done it But with output audio my voice is alone because there was no light there's no foil and there's no way I could connect through audiovisual means and today I'm fortunate to be in Cadence For a program and That's why you see that I could join to this. It's a pleasure to have you guys and to see you guys up in here It doesn't really matter. Yeah, whoever never is someone newly you just tell them I'm up in here And coffee you are looking fresh. Yes And some are as beautiful as ever I know Thank you very much We are looking fresh This light matter and the feel matter is something that we're still grappling with in in Lagos So those who have a lot of lights, you know, maybe about 18 hours light they now have to pay more, you know Paying more way more than we used to pay but we thank God for life Well, we need to get to the crux of the matters right away and we have the punch newspaper in front of us this morning I mean looking at your screen you'll see that paper Mega churches, schools, bar old Niren notes payment Offering Sounds like, you know something that you know already New notes, shortage, forced banks to short ATMs, costumers demand extension Reps threaten emethyly with arrests, insist CBN governor must obey summon It was a conversation I and Kofi were having, you know, before this time Law professor, Sue CBN, NLC rides Buhari over debt line extension These are the riders you find underneath But just quickly we have another one says AJR pays $446 million a Jakuta judgment debt ICPC arrests, former jam registrar talking about issue of grafts And tribunal rules today, please want troublemakers, the Adeleke and Oye Toler's case Now, just before we move this also, you know, that picture that shows what happened yesterday The fire incident in Balugu market where traders be mourned, they are lost as fire gods ligus market I mean, it's such a difficult time Petro's scarcity, protesters block ligus benware espress, ligus benia beg your pardon espress And that's the much we can take but I think quickly, par tariff shortfall now 2.5 trillionaire According to the federal government All right, very quickly the nation has the following headlines to take a few of them Petro crisis, BDP colluding with Saboteurs says Tinnable Riders to that, Attico trying to pit Tinnable against Buhari protesters block Benin ligus road More from the nation's CBN plans all card transactions through Africa We'll have a discussion on that later Nigeria's elite are selfish says Buhari Nigeria's elite are selfish Pantami 2.2 million jobs created in two years Immigration processes 9.3 million passports in seven years To solve the headlines on the front page of the nation We'll have the daily trust and candidates blueprints cannot solve Nigeria's problems That's what panelists the court had to say And two major parties lack ideology identity or ideological identity Manifestors are mere academic work They are more desperadoes than Democrats among candidates Kaviru Yusuf is saying We have full confidence in INEC the United States is quoted to say oh well Banks short of new notice ATMs dry up Reps tackle commercial banks over new currency policy We are constrained by CBN guidelines Banks executives I mean what exactly is going on We find we followed 66 attempts to hack FEC virtual meetings That's what the federal government is saying What exactly would have happened if you know that was the case I mean who exactly is planning to hijack the federal executive council meeting Troops neutralize 84 terrorists in North East and North West rescue 122 victims in two weeks That toll from natural world bombing increases to 40 This is according to Governor Suley That's it this morning on the daily trust Let's take the final one which will be the guardian Big one in front on front page on your screens test And Peter's Nigerians tackle CBN deadline on cash swap Ogoni after seven years residents lament slow pace of cleanup Youth protest as Buhari Commission's projects in Katzina ICPC uncovers fresh evidence Rear SXJAMP registrar Jarenda Talk about affliction rising a second time I didn't criticize Buhari over fuel scarcity NARA redesign only offered advice Tainable clarifies some of the headlines on the front page of the Guardian Look at them as we go on And time to bring at this point to today Gidey Johnson, sorry Senior lecturer at Nigerian Institute of Journalism Gidey, the one that I think will give us some Interesting and not too serious take will be the mega churches and schools According to the punches of Buhari, the members, the customers From using the ordinary notes for school fees and for offering That's quite interesting That's the major headline as far as the newspapers are concerned But the real headline it's worth the people The downtrodden The people in various communities, cities and across Nigerians are facing Commuters Commercial drivers, commercial buses are rejecting this money Those that are selling goods and services So beyond the headline of the mega churches Which is not the top place you should expect that it has happened in the past If you go through the major headlines of newspaper Anytime we have issues with currency, currency change Or what have you The churches will tell you not to come to church With that and schools will not collect it as school fees But the reality on ground is that it's beyond the churches And the real schools is the reality that is going on On every street, on every neighborhood And in every buses and every transaction That is going on all across Nigerian I'll tell you, we are here in Kadna for a major program And all of us are in the middle class We are dispensed of all the ordinary notes that we have Because the fillers you get is that nobody is collecting it Nobody is collecting it And I listened to the interview of the president When the president said it was three months Three months that was given And that three months he'll have been sufficient enough But were policies put in place to enhance the efficiency Or to effect the efficiency of this new policy I'll tell you, last week Friday I went to the bank And I made a transaction that amounted to 200,000 of Naira I was given old thousand bills And the bills were dirty, they were torn And I went to the bank, I took to a major bank And I said, why should we say no? We have not been supplied with the new Naira notes I think that we didn't put in place a well oiled system That would effect the transition from the old notes to the new notes No, but that... Now, Jina Jocelyn, I mean, what's the sense And what's the ideology behind having a deadline For the withdrawal of, I mean, the usage of the old notes And then not having the new notes in circulation What's the ideology behind this? That's what I don't understand In Great Britain, you know, it is the portrait of the king Or the queen of the royal that is used Now, that of Charles will be used to replace his mom And it's a gradual process I think that sometimes we carry out policies Without looking at the logistics of effecting that policy The policies are good, is with good intention But the execution, when you have good policies and the execution is flawed You have challenges The bottom line is that these new Naira notes The banks are not having enough of it What sender bank government should have What sender bank, let me talk about it What the sender bank should have done Is they have given this bank enough... You know the money is in circulation The central bank is in charge of money to policy You know the daily transactions of all the banks You know the volume of transactions we made So you make available that Beyond those that are keeping money at home Beyond those that have access back to the banks There are people that don't come to the nomad mystic They go to the back door And those ones are the first line of attrition The first line of people you deal with The majority of the people that come to the front door Are the ones suffering the consequences of this Logistic problem that we have with the sender bank And it is the same logistic problem you have With CBA, with the petroleum distribution And it is the same logistic problem you have With election materials being distributed To the various polling units at cousination Just wait until February 25th When we get to monitor the elections You see that we have this logistic problem And you have to yourself Do we need to locate science to solve Basic logistic problem You don't need to locate science All you need to do is to have your facts And your facts are gotten from data Your facts are the interpretation of your data Those facts are evidence Those evidence is you got your decision making It is purely simple It is not rocket science Maybe it is also another ploy To reduce the money that we have in circulation And also reduce the rate of spending Do you think that there might also be That intention of CBA Should we have a large amount of money in circulation Or we will have cashless policy There have been various policies That have been put in place in the bank By this present central bank governor By this administration of his present Central bank governor And the previous central bank governor What is the essence of the BVN What is the essence of the volume Of the transaction you can make It is already cashless policy But even I said it on this program It is the same government That said you run cashless policy Because it is Government and public officials That go to the bank and collect A large amount of volume of money Who are those that first protested When the daily limits And the weekly limits And the monthly limits Were issued by the central bank governor Who are those Who are the governors If you do transactions with state government If you do transactions even with some ministries They pay you in cash That is the truth You made a point there I mean that is an allegation From your part But we have to quickly make good time With a couple of other stories Before we say goodbye to you Staying with the nation The front page, big one there The all progressive congress Presidential candidate Is saying that the PDP Is colluding with saboteurs To cause the petrol crisis In the country Is what he is saying So invariably he is saying That the petrol crisis right now Is artificial and it is a sabotage To enable PDP win The forthcoming general elections Well You have asked me a question And now first and foremost This is a spin They are trying to correct A major Food and sleep from the presidential candidate That is a spin To what was said To what we had And to what we saw We both listened to To that storm pitch By the presidential Alright I think A comment I have come through His advice Okay You have asked me Absolutely They are saying that Is PDP that is colluding With saboteurs Then use gross Incompetence on the part of The MPC government And the part of Minister of Petroleum Whichever way they look at it There is still There is despair on the president Because the president is the minister of petroleum And the minister Is the minister of petroleum Is the minister of petroleum ministry If there are saboteurs In his effort when it comes to that Issues that probably there is Incompetence or capacity On the part of whoever is managing The petroleum industry and we all know Who is managing the industry But I think that a blaming PDP Concerning the petroleum Product is just playing to the gallery The man said what he said And what he said Is clear for an hybrid man on the street To interpret is just a spin They are trying Do we still have you Jileh Johnson So it is just a spin So as far as I am concerned How PDP be responsible The government has been in administration for the past 8 years In 2015 they blamed 16 years of PDP So APPC government Has paid 8 years So they should talk about the 8 years of their government And not blame PDP on this As far as Nigeria is concerned This is our problem So our problem Before coming to KADNA I knew I came for an R To buy fuel And I bought the fuel I bought the fuel We may take the next speaker So apparently Jileh Johnson We probably have to just Let this slide For today Unfortunately the network has not been favourable And we can't say that that's attributed to your We can't attribute that to your location We can't say But hopefully We get some better time To talk more about National concerns and issues on the papers Thank you so much Kofi we have to go We will be right back after a break Of course look at the moves The move by the CBN to Take charge As far as card transactions And payments are connected To a new Scheme launch called AFRIGO Quite interesting To try to find out what this means And the effect it will have on business transactions In Nigeria Stay with us