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APC Governors appeal to Buhari to allow old and new currency co-operate

Last updated: February 3, 2023 12:31 pm
4 years ago
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Governors elected on the platform of the All Progressives Congress (APC) have appealed to President Muhammadu Buhari to allow both the old and new naira notes to co-operate to ease the suffering of Nigerians.

Kaduna State Governor Nasir El-Rufai who spoke with some journalists in Hausa language, said that while the Central Bank of Nigeria, mopped up over N2 trillion of the old notes only N300 billion was printed ,which he says 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.

He said the APC governors told the president that the masses are suffering and traders are losing their goods due to lack of patronage.

Also Read:Happening Now : Buhari meets APC governors

He gave example of tomato sellers that travelled to Lagos with their goods but all got wasted because people have no money to buy, adding that the Governors
urged the president to reconsider his stance.

El-Rufai however said the president did not tell them whether or not he is going to accede to their request.

He disclosed that the chairman of the Progressive Governors Forum, Atiku Bagudu, has gone back to meet the President privately with the Hope of convincing him.

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

(Editor : Ena Agbanoma)

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