Nasiru El-Rufai, the governor of Kaduna, has advised people to disobey the Central Bank’s order and carry on using older denominations of the naira notes that the top bank is disposing of. When Bola Tinubu, the APC’s presidential candidate, is elected, the policy would be changed, according to him.
The Kaduna governor remarked in Hausa, “Everyone, especially residents in Kaduna, should not be worried because of the naira swap deadline.” “Continue managing your businesses and day-to-day operations with whatever notes you have, whether they are new or old.”
And as soon as we win the election, we’ll make sure to address this issue, he continued. If we win the election, that will be the first problem we address.
When addressing a political gathering in his state, Mr. El-Rufai made the claim and urged them to quit swarming banks to exchange their old notes or receive new ones.
As a key component of its new cash strategy, the CBN under Godwin Emefiele had announced that former denominations of the N200, N500, and N1000 notes would no longer be accepted as legal tender in Nigeria as of February 10. Due to the extreme scarcity of the new notes, the move has left many Nigerians in a difficult situation.
“Don’t push yourself into going to the bank with old naira bills and wasting time in the pointless lines. Nobody can prevent you from using the notes, Mr. El-Rufai assured the audience.
“We’ll give people extra time to get rid of the old naira notes when we get to power, (Insha Allah), if Bola Tinubu becomes the president.”
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