
The Kaduna State Governor, Nasir El-Rufai, on Thursday described the current scarcity of naira notes as part of an alleged plot to disrupt the forthcoming general elections to ensure an interim government takes over.
The governor made the allegation in a state broadcast.
He alleged that the development was meant to ensure that the presidential candidate of the ruling All Progressives Congress, Bola Tinubu, and other candidates of the party lose.
He claimed that those who lost out in the party’s primaries were behind the plot.
The governor said there was no reason why the old and new notes should not coexist until the old notes are gradually withdrawn over the years as it is done in the United Kingdom, Saudi Arabia and other countries.
El-Rufai faulted the position of the President on the matter, saying, “The address by the President earlier this (Thursday) morning limiting the legal tender status of old notes to only N200 amounts to total disregard and disobedience of the ruling of February 8 which was extended further yesterday (Wednesday) by the Supreme Court. “The misguided action of the Attorney-General to mislead the President into engaging in this public violation of the order of the highest court of the land shows how desperate the policy architects are to cause national chaos, by showing open contempt for the judiciary.
“The decision to recognise only N200 as legal tender till April that the President announced this morning was offered to the state governments as part of proposals for an out-of-court settlement three days ago.”
-Punch
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