₦airaland Forum

A Northern leader, Buba Galadima has revealed that a serving governor stashed N22 billion old naira notes.

The former National Secretary of the defunct Congress for Progressive Change, CPC, made the disclosure in an interview on Trust TV’s Daily Politics.

Galadima answered a question on the controversial naira redesign policy of the Central Bank of Nigeria, CBN.

The New Nigeria Peoples Party, NNPP, chieftain recalled the party already took a strong position on the contentious issue.

Galadima said the CBN Act states that in an event of naira redesign, it should be done within a period of not less than six months.

The statesman said the government however explained it approved the policy because many individuals had amassed the currency in their houses.

“I agree. I know, from intelligence, that there is a governor in the Northwestern part that has about N22 billion of the old currency.

“Yes, N22 billion stacked in his house as I speak to you. He knows himself. And the security agencies know,” he stressed.

Galadima said the agencies might be looking the other way because “maybe they belong to the same club or they are protecting him”.

The politician added that the trap is for the governor to go change the cash “accumulated through corruption”.

A fortnight ago, CBN Governor Godwin Emefiele said the old N200, N500 and N1000 denominations were recalled because N2.7 trillion was kept in people’s homes before the Buhari administration came on board.

ekineme:
The way this politicians all of a sudden start caring for the welfare of the citizens is a call for concern.

ASUU strike 8months, they didn't care
Banditry,unknown Gunmen, Cultism, Ritual killing and kidnapping, No Governor sue FG on why they have not taken drastic measures on the welfare of the citizen.

But naira redesign has attracted public criticism, Court lawsuit, Public Assurance from Some Government personnel's.

My Question is why the sudden care?

LibertyRep:
What are the security agents doing?

Go after these people, burst their warehouse and recover the hidden money.

This should be easier and honourable to do than punishing over 200m people for the 'sins' of few.

Iamgrey5:
This is the most stupid made up story yet.

I hope Nigerians don't believe this cock and bull story.

How on earth will anyone keep N22bn cash anywhere in particular place in a period of time.

The money that will have been stashed in numerous foreign and local accounts long time ago.

Not even the Naira whose value continue to drop everyday.

Even Ganduje that took dollar bribe will have stock it long time ago in offshore account of his niece long time ago.

mightyhaze:
Them stash multiples of that abroad..but them need this one for election

inoki247:
With all this news now wey security agent supposed go storm the politicians house and recover the money they choose to suffer we the masses toothless bulldog.....


They can only bark at small fish....

SLAP44:
You see?

Do you people now see why we must vote for Peter Obi?