GOVERNOR of Kano State, Abdullahi Ganduje has alleged Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) is fighting back with the Naira redesign policy.
News Point Nigeria reports Governor Ganduje made the allegation in a statement on Sunday by his Chief Press Secretary, Abba Anwar.
Ganduje alleged the untimely implementation of the Naira swap policy was deliberately done by Emeifiele as a fighting back strategy for failing to get the presidential ticket under the ruling All Progressives Congress (APC).
“The CBN Governor is only doing this to cause confusion in the forthcoming elections for no just reason. He has not been in good mood for long, because he failed to secure the presidential ticket on the platform of our great party, the APC,” Ganduje said.
Insisting that the Kano State Government and APC in the State are totally against the action of the CBN Governor, the Kano State Governor said “currency redesign is done across the globe, but not in the way we are witnessing in our country. The timing is wrong, the deadline given is very wrong and deliberate”.
Meanwhile, Anwar in the statement revealed part of the measures taken by the State Government to cushion the effects of the hardship caused by the Naira swap.
“We will summon bank managers very soon to interrogate the shortage of new Naira notes in banks. They should come over and explain to us, why our people are still suffering over this issue of Naira Swap. And I will go to them individually to supervise what is happening and why.
“We have a plan in the pipeline to start distributing palliatives very soon across all the 44 local governments, to cushion the effect of the hardship caused by the CBN Governor, to our people,” the statement reads.
