A chieftain of the All Progressives Congress, APC, Femi Fani-Kayode has lauded the Kaduna State Governor, Nasir El-Rufai over his stance on the Central Bank of Nigeria, CBN’s Naira policy.
Recall that following the redesigning of the Naira notes, the Central Bank of Nigeria, CBN had fixed February 10 as the deadline for the notes to remain in circulation.
But some governors elected under the platform of the All Progressives Congress, APC, dragged the Federal Government to the Supreme Court in a move to stop the execution of the stipulated deadline.
Responding to an ex parte application filed by the Kaduna, Kogi and Zamfara State governments, the Supreme Court on February 8, stopped the CBN from effecting its ban on the old notes pending the hearing and determination of the case on Wednesday, February 15.
Addressing the situation in a national broadcast on Thursday, President Muhammadu Buhari directed the CBN to release the old N200 note while the old N500 and N1,000 notes remain invalid.
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Daily Post Nigeria
Daily Post Nigeria
NEWSNaira scarcity: Hero of the moment – FFK hails El-Rufai for countering Buhari’s directivePublished on February 18, 2023By Ochogwu Sunday
A chieftain of the All Progressives Congress, APC, Femi Fani-Kayode has lauded the Kaduna State Governor, Nasir El-Rufai over his stance on the Central Bank of Nigeria, CBN’s Naira policy.
DAILY POST recalls that following the redesigning of the Naira notes, the Central Bank of Nigeria, CBN had fixed February 10 as the deadline for the notes to remain in circulation.
But some governors elected under the platform of the All Progressives Congress, APC, dragged the Federal Government to the Supreme Court in a move to stop the execution of the stipulated deadline.
Responding to an ex parte application filed by the Kaduna, Kogi and Zamfara State governments, the Supreme Court on February 8, stopped the CBN from effecting its ban on the old notes pending the hearing and determination of the case on Wednesday, February 15.
Addressing the situation in a national broadcast on Thursday, President Muhammadu Buhari directed the CBN to release the old N200 note while the old N500 and N1,000 notes remain invalid.
However, El-Rufai in a statewide broadcast, countered the president, saying the old N500 and N1,000 remain legal tender in his state, warning that Buhari’s directive was against the Supreme Court order.
“Next Saturday this matter will finally be concluded, the hopes of the conspirators shall be dashed and our collective enemies shall not only be roundly humiliated and convincingly defeated but also confined to the dustbin”.
He accused the president of working to sabotage the candidacy of the APC presidential candidate, Bola Tinubu.
Reacting, FFK, a former Minister of Aviation described the governor as the hero of the moment.
According to a series of tweets on his official page, FFK who is currently being interrogated at the Department of State Services, DSS over a controversial tweet, said Tinubu would win the election despite the alleged conspiracies against him.
He wrote, “The hero of the moment is @elrufai. He has spoken truth and @fkeyamo has confirmed that truth most eloquently and courageously on Channels TV’s ‘Politics Today’ last night.
“Those that hatched and plotted the conspiracy to stop BAT and are attempting to set our nation ablaze and destroy our democracy have failed.
