 And we're still on the breakfasts. Time for us to look at the papers this morning. Usually we run through the leadership, the punch, the nation, the guardian, depending on what's available. A big shout out to our paper vendor for making these papers available. Tunde Kola Wale joins us this morning. He's a legal practitioner, right-hairs and leaders. Tunde, it's good to have you join us. How are you doing? Thanks for having me in the democracy. I'm not fine. I don't have money to eat, move around, and do some other very important things. Don't worry. I'm sure money would definitely come. I hope so. Well, let's start off with the leadership. Looking at the leadership newspaper, I think it correlates with your consensus to cash crunch. No end in sight as President Mohammad Buhari, Governor's CBN Kip Moom. Silence is going to linger. Federal government fingers opposition parties in Naira swap crisis. CBN won't be used to taut the 2023 elections or poll. That's what Gadwin and Mephile is quoted to say. And Tunebo appeals for calm, overfuel, and naira's scarcity. One killed in Ogun riots. That's what we talked about. Now let's move away from Nigeria, a bit to Syria and Turkey where the earthquake has taken the life of 7,000. Let's say a girl for a rescued and the debt toll hits 7,000. That's what you find. I mean, if you look at the videos that are a major real time videos, very disheartening prayers and thoughts with Doso of last year, love ones, and of course, with Syria and Turkey. Federal government, bull flag of 116 billion Kano, Kazuja road construction. I hope I got that correctly. Navy arrests two traffickers and rescues 18 victims in Kano. After declaring strike, Ipman makes a U-turn, resumes operation. Political elite must adjust to reality of national unity. The vice president, Yemio Shibajo, is quoted on that. And just before we move away from the leadership, there's also another headline that says, I will fully exploit Fauci and Gombe oil fields as president, a Ticco is quoted to say. And at a time where you have people, countries of the world, moving away from Fusil Fial at a time where we're not even able to meet up our quota production, however, fingers crossed. The nation newspaper is what we're going to be looking at now. Narcissities, PACS, protests. There's also a pictorial representation to that headline. Beniz CBN office, bank branches shot. There's also that report where a certain bank has been shot across. I mean, how precious has been shot across the entire nation. But we're really here to verify and be sure that that's actually what it is. Protestus Block, Benioire Road, Buhari Meets, Tambowal, and MFLA, among others. That's also another one. Tunable calls for calm over the cash crunch and petrol scarcity. Court freeze, Omokere, two firms in $1.6 billion oil fraud case. Well, these are some of the headlines you find this morning on the nation news. We will quickly turn our attention to the Guardian. The Guardian says, Buhari cancels meeting with governors as TUC issues automate him. The currency exchange saga is what's making the rounds on all of the papers this morning, almost all of them. Meets with Buhari, Tambowal, and MFLA, FCC boss. Tunable bankers call for calm. PDP, hoarding of new Naira nodes, cursing Nigerian Spain. Protest Rock, Ondo, and Ogun. Legos APC suspense campaign. Do you still also have another to say? Is the MFLA can't fund activities of iPops's group? Wow. Ghanian start rescued from rubbles after the earthquake. That footballer, we talked about that yesterday. WK backtracks approves the stadium for Atikos rally. And Inaq chairman meets MFLA, demands concession for election operations. Inaq chairman or chair meets MFLA, and demands concession for election operations. You also find that picture more like having a great time. The punch says, Naira crisis may disrupt polls. Inaq wants MFLA and SA. NSA, I beg your pardon. Naira crisis may disrupt polls. Inaq wants MFLA, NSA, as NAS. Some of our service providers have no bank accounts. Commission laments. Buhari governs Meets and Shell minister says president's hand tied. Bank shot branches over customers attack. CBN calls for camp. Take that again. Bank shot branches over customers attack. And the CBN calls for camp. Well, there are several questions that's been raised as to if this is a right decision. I mean, if it's rational for any bank to short their operations. Or maybe we need to look at beefing up security or appealing to the people or finding a way. But don't you think that this probably might just raise the level of anxiety among the people in the midst of chaos? Well, another header says, fuel price to skyrocket as markets is threatened and shot down. Banks ordered to freeze Pakistan terror finances or financiers account. And how powerful forces tried to stop Tunibu, Kandeshi, APC vice chair has been vocal on that. Now Turkey's Syria equate that hits 7,146. Very unfortunate incident. Ogun Ondo, a dough protestor, storm banks and demand cash. It could be old pensioners, 40 billionaire gratuators. We about G is quoted to say. And U.S. indicts Nigeria of stealing Vasity's 1.4 million dollars. I take that again. U.S. indicts Nigerian of stealing Vasity's 1.4 million dollars. Federal government plans new policy to track public spending. These are the headlines you find this morning on the punch newspaper. Well, it's time for us to have a guest join us and share his thoughts. Tunde Kola will stand by. He just has a phone. Tunde, once again, thank you for joining us. And good morning. Thank you. Thank you. So yes, let's start off with the leadership newspaper. It's the cash crunch. There's no end in sight. As president, Muhammad Buhari, governors, including CBN, The Silence and all of this, what are your thoughts? Well, honestly speaking, it would have been for me that the government of the Muhammad Buhari and the governor of the Central Park of Nigeria have no respect whatsoever for the Nigerian people. They treated the Nigerian people with so much content, such as has never been seen in the history of our country. I have had cause to visit my bank separately. And what I've seen in those banks, I know that it's appalling. We are told that it's the bank that are holding the new Naira notes. But from what I have seen most of those banks, I saw that most of the bankers are on that tremendous pressure. And they really never had enough of these Naira notes to give to their customers. If they had enough Naira notes, new Naira notes to give to their people, I'm not too sure that they would take delight in working under the kind of pressure in which they are working. So furthermore, in some other countries of the world, with the crisis we have in our hands, the Friday Executive Council and all those who have the role to play in resolving the crisis that we have in our hands, we will be holding a round the clock meeting to find solutions to the problem. But you could see that both the president, the vice president, the governor of CBN, and then the Senate, the House of Rep, the Minister of Finance. Everybody is just standing by and watching a Kimball. This to me is terrible. And the crisis has started brewing in some of the states. We have as protest in the name, we have as in the battle. We have as in Abel Kutya, in which people have been shot and killed. And the funny aspect of it all, we have been told it is certain wood lumps that are trying to attack certain places and whatever. So if you may be neither available if there is 12 and people can move around here and conduct their business. And if unemployment is not this high, will you be calling your own children wood lumps? I don't know of anybody, no matter how bad the past in my page, that we really want to clean and serve or just expose themselves to being shot by the security agencies. I also happened to a past show yesterday and I saw that soldiers had been deployed all over the place and I saw soldiers under the bridges and some of the strategic locations and what have you. These are self-inflicted things which are in relation to what has happened. And you must remember that what I make the same is the reality. Then for example, some of these materials that we use to conduct the next election, which is up about two weeks or three weeks ago are kept in some of these banks that are now shorting down. You also need to transport the unions to help you carry some of these materials around during the election time. So if they have no money to maintain their vehicle and no money to fuel, I mean, their vehicles and what have you. What is going to happen to the future? The future might be in jeopardy. And I think the future is in fire now. I think policies are already making simulations that we can't put in our hands. We can attempt to release control in the next coming election. You also recall that one of the presidential candidates has been shouting that this crisis has been created purposely or thoughtfully targeted at him. I wouldn't know why a nation, why a government will make a policy to target just one individual in the society. I have never seen this done in my life. So whichever way we look at it and all that, these are self-inflicted things. These are things which the government offers them one more world to take responsibilities for. Well, underneath that board headline, there's also thoughts as to the federal government saying that parties are responsible for the Niro Swap crisis that we're faced with. I like you to express your thoughts. Does it seem like the federal government is helpless in this case? I mean, if the federal government is in the know that or they have identified those who are causing this mayhem, what exactly stopping the federal government from taking actions? And the accusation that the political parties, the response was some of the challenges that we have with regards to a new Niro-Novinian circulation and foreign crisis. I take that with a pinch of salt. Why do I take it with a pinch of salt? That assumes that the political parties and some of these individuals are more powerful than the state. And I don't think so. I don't know of anybody in Nigeria. I don't know of any solution in Nigeria. Maybe it's just the Nigerian army that is more powerful than the Nigerian state. But if such people commit an infraction, the federal government cannot use a new process to go after them to normalize the situation. Initially, what we were told, especially when the foreign crisis started to bring, was that it is certain marketer that are holding the foot from the marketer. They are not talking about political parties and not talking about so many other things that when you listen to what they are saying, it's very rich into the eye, I mean, to the mind. It's insulting to the intelligence of the Nigerian people. As regards whether the federal government has the wherewithal to resolve the problem, I should think so. Not only when you are planning a thing like this, you won't have a very good idea of how much money is in circulation. And how much of that money you want to replace with the new Nylon note. And please, that quantity of the notes that you want to replace. But we thought we are saying, I don't think that the Sibian army now have an idea of how much money is in circulation in Nigeria. I'm not also sure that they have a very good idea how much quantity of that money they want to replace. So, this last is the case, it means that the crisis of planning we have not made adequate planning or preparation for the replacement of this Nylon note. But like I said in one of our programs before, this could be a strategy to reduce the amount of money in circulation and also to fight inflation. And if it is a strategy to fight inflation, I think it is a wrong strategy, a wrong method that they have adopted. But Tunde Kola, well, this is not news. I mean, that's been put out, that's been very clear the intention of this policy as to inflation and what have you. There's several thoughts why you have the redesigned Nylon note or this policy on board at the time. But so we don't dwell too much on this particular issue. Let's move forward. The protests that's packing up or that's started in different parts of the country, for instance, in Ando state, Ogun state, Edo state, do you think that it's politically motivated or what do you think about it? You mean the crisis we have in both states? The protests that we have, I mean, Nigerians have taken to the streets, that's the reporter there. Apart from that being the report, we have also seen that we've also, you know, had all of this that's going on in different parts of the country, especially states like Ogun state, you also have Ando state and Edo state. My question is, do you think that this protest is politically motivated, especially when you juxtaposed that with how many months ago, I mean, how much of Nigerians have you had taken to the streets or I mean, how many Nigerians have you had going to the streets to protest, you know, the fuel situation and what have you? So do you think that this might just be a sponsored protest to cause confusion and mayhem? To the Kala Wale, can you hear me? To the Kala Wale? Well, fortunately, I think we have been disconnected but hopefully we're able to connect with to the Kala Wale. He's a legal practitioner. He joined us via phone this morning for off the press and he's been showing his thoughts on some national critical issues as, you know, we inch closer to the election. And one, you know, that has been around is the issue of the Nirenote. I think that conversation is going to go on for a very long time until we're able to make that available. And Nigerians have to grapple with the non-availability of the Nirenote, not even the new or the old. I mean, so we're talking about, there's no money. There's no money, what has the new or is the old? And then, you know, the Naira has been, you have to buy the Naira now. Nigerians are buying the Naira with the Naira. Prior to this time, you only have to buy the dollar. But now we have to buy the Naira with the Naira because if you get to the ATMs, the ATMs are not really dispensing and then you walk to the counter. Some of the banks are not operating and let's say for the sake of having, you know, network challenges and what have you, this has been going on. Let's not even forget that there's an extension as to when the deadline will be, you know, the Naira notes will no longer become a legal tender. And that's on the 10th of February, according to the CBN, it will no longer become a legal tender. That means that you can no longer use the old note as a means of transaction, buying and selling and what it is that you want to say, that's no longer going to be valid on the 10th of February. But the point is, and prior to this, you know, introduction of the new Naira note, Nigerians had complained over time about not seeing the non-availability of the new note. And so you go to the ATMs, you go to the POS operators and you're walking to the banking hall and most times you've been giving the old note, what exactly is going on? Is it that the CBN did not print enough of this font? I mean, how much of the new note was chunked into the system? And prior to this time, this probably will not be the first time you've had new notes been introduced into the economy. But over time, it has a natural way of fading away. It fizzles out without any deliberate effort by saying, oh, you can't use it at a certain time. But it just gradually, because what happens is if you're trunking, I mean, if you say that you're introducing a new note and you want to rethreat the old one, what happens is you're trunking the new notes into the system and you have a lot of it. So automatically, when I go into the market or I engage in trade and what-have-you, in the period of exchanging hands in business and what-have-you, I'm giving the old notes. I probably might be collecting the new one. And that's how we go. So naturally, the old note just disappears without any struggle, without any fights. But what exactly is going on? It's been quite different. And so if you say we want to retrieve the old notes, we say, come and return all of the notes that you have. We're not longer going to be using this old note as a means of transaction. Why don't we have the new ones? And then you put out a stipulated amount that people can withdraw. And now you say that you can no longer withdraw that amount. You have to withdraw only 20,000 error. And even at that, the banks are not working. There's a lot of blame game. So it's very confusing. Mentally, I think Nigerians are going through a lot. And it's time for everyone to self-care because it's pretty confusing. So you walk to the banks. A lot of banks have shut down operation for the sake of not having network. And some people have blamed that on the fact that you don't have the manpower. Manpower is no longer available. I mean, with 1,001 persons who are looking for jobs. So if you say you have those in the IT sector who have left, it's then a possibility of a replacement. Why do we have to go through that? And then we say, we're trying to encourage a cashless policy or cashless society. That's what we're trying to promote. Now, and if you say we're trying to promote a cashless economy, a cashless society, what happens with the e-transaction? It's so cumbersome. And so in most cases, you can't even have a single transaction just go out, click of a finger or a button. What a view, I mean, just at the click of a button or sending the command, it doesn't work. You have to try it over and over again. So this is some of the issues. But this morning, we hear the federal government saying that some political parties or political parties are responsible for this. And the question is how? I was hoping that our guests will probably be with us this morning to answer the how. How are these parties doing it? What exactly is going on? Is it that we have these funds that have been released to the banks, the commercial banks, and how are they really getting this money, really? How are they involved in this crisis that we're faced with? How are they involved in the non-availability of the new Naira or the Naira as it were? What becomes of us on the 10th of February where you can no longer use the old note as a means of transaction, which is also very scarce. And now you can find a new note. What exactly is going to happen? And even the e-transaction is not seamless. And so you have challenges with service providers and what have you. I think it's just too much to grapple with at a time. There's also protests. There has also rocked different parts of the country. I mean, to be very precise, states like Ogun State on Doh State and a Doh State have witnessed several protests. Some people think that this is actually not ordinary, ordinary in the sense that how many months now we have experienced petrol, we've experienced petrol scarcity as a country, especially in Lagos, throughout last year from November, if I'm not mistaken, up until this moment, how many months and counting? I mean, what exactly happened? So we, people, we started raising questions. We in this space have been asking. We remember vividly in 2012, when there was a point to remove soft city. Oh, it was apparently removed by the then Jonathan administration. He was president. And we found out that there was a social movement in different parts of the country. They call it Ukupah in Nigeria. And people are saying, now we have petrol selling for 300 and something, 350 Naira. That's a cancer time where petrol was selling for 87 Naira. It was increased from 87 to about 144 Naira. And now we have petrol selling for 350, almost 400 Naira, depending on where you're buying from, whether you're buying from the petrol stations or you're patronizing the black market. Why haven't we had Nigerians, I mean, how come we've not had people on the streets protesting? And all of a sudden, then there's a protest. And no one is saying that you can't protest because I mean, it is within your rights in a democratic dispensation that you can protest as long as it's peaceful and it doesn't constitute a threat to national security and the state. Then you can protest, protesting within the ambience of the law, as long as you don't cost mayhem, you're not a nuisance and all of that. So protest is your right. Well, we know how we have reacted. The government has responded and reacted to protest over time. But so it brings us back to the fact that, okay, it's fine to have the protest. But all of a sudden, we're having this protest. And then it's becoming very destructive. That's not protest. Could it be that some elements are responsible for this behind what we're faced with at the time? Could this be sponsored? Because I mean, we have few more days to the elections. And could it just be that it's just a plan to cause confusion, mayhem, and disrupt the system? Who are those responsible for this? Are these really Nigerians that are very angry and they have decided to be very destructive in the process of protesting? Or could it also be that some elements have hijacked the protest? I mean, usually if you have a protest, it's expected that the police would be there because the responsibility of the police is to ensure that lives and properties are protected. They have no business. I mean, the police has, it's the responsibility of the police to be around in a civil society. The military or the, you know, the army, whatever it is you wanna call them, have no business policing a civil society. They have no business. The reason they were created was for, you know, resisting external aggression and attacks on the territory. And so that's their business. They have no business in policing. The police is in existence. But this is not the case. We'll just have to take a break when we return looking at the first conversation right here. The fact that there's been an increase in the movement of people. Now, movement is a universal concept. People will always move. But right now, it seemed to be on the high. And several sector of the economy, just like the medical, has been hit. You have the teachers who probably will be leaving because of the policy from the United Kingdom. And now the banking sector is also on this list. That's what we'll be talking about. What's the way forward? How do we solve all of this problem? Please stay with us. Good morning.