Politics
El-Rufai Dares FG, Tells People ‘Keep Spending Old Naira Notes’ [Video]
Governor El-Rufai has told people to ‘keep spending old Naira notes‘.
Newsone reports that the governor of Kaduna State, northern Nigeria, Nasiru El-Rufai has urged citizens to disregard the Central Bank’s directive and continue to transact with old denominations of the naira notes which the apex bank is phasing out.
This online news platform understands that Governor El-Rufai who spoke in Hausa said the policy would be reversed once the Presidential Candidate of the All Progressive Congress (APC), Bola Tinubu, becomes president.
“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.”
The governor added, “And we will address this problem as soon as we win the election. That will be the first issue to tackle if we win the election.”
Governor El-Rufai made the assertion while speaking with a political audience in his state, urging them to stop thronging banks to swap their old notes or obtain new ones.
Newsone Nigeria recalls that Godwin Emefiele-led Central Bank of Nigeria (CBN) had said old denominations of the N200, N500, and N1000 notes would cease to be Nigerian legal tender from February 10 as a major plank of its new cash policy. The decision has left many Nigerians in a quandary as the new notes remain acutely scarce.
“Don’t rush yourself into taking old naira notes to the bank, and wasting your time in the unnecessary queues at the bank. Nobody can stop you (people) from using the notes,” Mr El-Rufai assured.
“When we come to power, (Insha Allah), if Bola Tinubu becomes the president, we’ll give people more time to get rid of the old naira notes.”
Watch the moment Governor El-Rufai told people to keep spending old Naira notes…
Meanwhile, earlier today, Wednesday, February 8, 2023, as reported by Newsone Nigeria, the Supreme Court temporarily stopped the Central Bank from withdrawing old naira notes from circulation. This followed a suit by governors of Kaduna, Zamfara, and Kogi.
