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Home POLITICS

JUST IN | Failed Mission — Buhari keeps mute to APC governors’ request on old naira notes

•el-Rufai says CBN printed only N300bn, mopped over N2trn

MetrowatchXtra by MetrowatchXtra
February 3, 2023
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*Buhari and the APC governors at the Villa

*Buhari and the APC governors at the Villa

By METROWATCH Reporter

 

Governor of All Progressive Congress (APC) Friday failed to have President Buhari change his mind on the new naira police, but  appealed to him to allow both the old and new notes co-operate to ease the suffering of Nigerians.

According Governor Nasir el-Rufai, of Kaduna State, who spoke with some journalists in Hausa language, while the Central Bank of Nigeria mopped up over N2 trillion of the old notes, it printed only N300 billion, which he said is not enough.

el-Rufai, who was accompanied by his Kano State counterpart, Abdullahi Ganduje, said even if the CBN had wanted to implement the cashless policy, they should have printed at least half of what they mopped up, which is N1 trillion.

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He said they told the president that the masses are suffering and traders are losing their goods due to lack of patronage. He gave example of tomatoes seller that travelled to Lagos with their goods but all got wasted because people have no money to buy.

So they appealed to the president to reconsider his stances.

el-Rufai said the President did not tell them yes or no. He disclosed that the chairman of Progressive Governors Forum, Atiku Bagudu, has gone back to meet the President privately with the Hope to convince him.

At the time of filing this report, he was being awaited to address the media.

READ ALSO  APC Denies Involvement in Nullification of Zamfara PDP Governorship Primaries

Details later…

Tags: APC GovernorsNaira NotesPresident Muhammadu Buhari
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