Politics

JUST IN: “Keep Spending Old Naira” – Elrufai tells Nigerians, defies Buhari/CBN policy

The Governor of Kaduna State, Nasir El-rufai has called on Nigerians to keep spending the Old naira notes, a directive that is in defiance to the Federal Government’s Policy on the Currency Swap.

El-rufai, in a recent footage earlier this week, urged citizens to disregard the Central Bank’s directive and continue to transact with old denominations of the Naira notes. He said the policy will be reversed once APC presidential candidate Bola Tinubu becomes president.

In his words; “Everyone, especially people in Kaduna should not be disturbed because of the Naira swap deadline,” said the Kaduna governor in the Hausa language. “Continue running your businesses and daily activities with whatever notes (old or new) you have.”

“We will make sure to address this problem as soon as we win the election. That will be the first issue to tackle if we win the election.”

It can be recalled that the new currency swap policy has jointly been condemned by majorly Loyalists of the Party’s presidential candidate, Bola Ahmed Tinubu, with some claiming it’s a ‘calculated’ attempt to scuttle his ability to win the elections.

The CBN has disclosed that the old denominations of the N200, N500 and N1000 notes would cease to be Nigerian legal tender from February 10th as part of a wider plan to strengthen the naira. However, the new notes have conspicuously remained scarce.

https://twitter.com/StFreakingKezy/status/1623073719290560518?s=20&t=pgliPmqkypnAwerQYpBnKg

https://twitter.com/ccta03/status/1623326220053057537?s=20&t=l6TK_iDuka8u2XwkvWEONg

 

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One Comment

  1. Surprised, see how quickly they went to court, fighting for their wicked plan. The problem of poor Nigerians is not the inability to change old notes but for the new ones to be available. The deadline for old notes is okay. We need the new notes, these rufai said he knows a governor who got 500,000000 new naira notes. They are responsible for hoarding New naira notes.

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