Nigerian Govt To Extend Validity Of Old Naira Notes Till April 10


The official said that while others were “on the same page with the president”, Nasir El-Rufai, governor of Kaduna state, insisted on total cancellation of the policy.

Buhari, who had earlier delayed attending the federal executive council (FEC) meeting by 40 minutes to monitor the development at the Supreme Court, was disappointed that the governors reneged on their promise to withdraw the case.

He had, after the meeting Wednesday, met with Godwin Emefiele, the CBN governor, and Modibbo Tukur, the director of the Nigerian Financial Intelligence Unit (NFIU), on the need to allow all old notes circulate in the system to ease hardship on ordinary Nigerians.

“The president will not disobey court. But he is also concerned about the suffering of Nigerians and wants the to find lasting solution to it,” the official further explained.

“It is clear that some militancy is being propagated against the people by elite who have the means to secure the new notes no matter what while the people continue to suffer

https://worldtopnewsng.com/nigerian-govt-to-extend-validity-of-old-naira-notes-till-april-10/