Naira Redesign: Buhari Holds Closed-door Meeting with Emefiele After Supreme Court's Ruling
- Hours after the Supreme Court's decision to adjourn the case on the use of old naira notes, President Buhari held a meeting with CBN's governor, Godwin Emefiele
- This was confirmed on Wednesday, February 15, by one of the presidential media aides, Bashir Ahmad
- Ahmad told journalists on Wednesday that Emefiele's meeting with the president came after Federal Executive Council's weekly session
President Muhammadu Buhari is said to have met with Godwin Emefielethe, the governor of the Central Bank of Nigeria (CBN), on Wednesday, February 15.
It was gathered that the meeting came hours after the Supreme Court adjourned the suit filed by state governments to challenge the naira redesign policy of the CBN till February 22.
Source: UGC
According to the senior special assistant to the President on Media and Publicity, Garba Shehu, who confirmed the news to Channels TV, Emefiele was expected to meet with Buhari after the Federal Executive Council meeting on Wednesday.
Responding to questions on the viral claim that the president is considering an extension of the use of the old naira notes by two months, Ahmad said he is not in a position to confirm or deny it.
PAY ATTENTION: Subscribe to Digital Talk newsletter to receive must-know business stories and succeed BIG!
Naira redesign: Buhari to extend deadline till April 10? New update springs up
Meanwhile, it was reported by Legit.ng that President Buhari was considering the possibility of extending the use of the old naira notes till April 10.
President Buhari was said to be thinking of extending the deadline so as to obey the Supreme Court's order and alleviate Nigerians' pain caused by the ongoing cash crunch.
The newspaper added that according to a senior government official, Buhari is worried about the legal implications of disobeying the apex court's order.
It was gathered that these and other related issues formed the agenda of a meeting between the president and the leadership of the Nigeria Governors Forum (NGF) as well as the Progressives Governors Forum on Wednesday, February 15.
The unnamed official was quoted saying:
“The resolution was to give room for President Buhari to make concessions on the monetary policy and make the following announcements public."
Source: Legit.ng
