BREAKING: Buhari Vs Governors: APC Chairman Adamu Reveals Party's Position on Naira Redesign Policy
- The All Progressives Congress (APC) said it aligns with the position of the party's governors on the Naira redesign policy
- Senator Abdullahi Adamu, the ruling party's national chairman made this known after a meeting with the governors and the presidential candidate, Bola Tinubu, on Sunday
- The ruling APC advised the federal government and the CBN to abide by the Supreme Court order of Interim injunction on the implementation of the cash swap
FCT, Abuja - Senator Abdullahi Adamu, the national chairman of the All Progressives Congress (APC), says the ruling party stands with the position of its governors on the naira redesign.
Senator Adamu said this after a meeting with the APC governors and the party's presidential candidate, Asiwaju Bila Ahmed Tinubu, in Abuja, TheCable reported.
Source: Twitter
Legit.ng recalls that the APC governors had asked the Supreme Court to declare the directive of President Muhammadu Buhari on the naira swap policy as unconstitutional.
The governors made the move after President Buhari ignored the apex court's order which restrained the Central Bank of Nigeria (CBN) from enforcing the February 10 deadline for the old Naira notes swap until it rules on a matter before it.
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Contrary to the court's order, the president declared that old N500 and N1000 notes were no longer legal tender, leaving only the old N200 notes to circulate until April 10.
The move infuriated the APC governors, making some of them issue counter directives to residents in their state.
Comply with Supreme Court order on cash swap, APC tells FG, CBN
After the meeting on Sunday, the APC's National Working Committee (NWC) advised the federal government and the Central Bank of Nigeria (CBN) to respect the Supreme Court order of Interim injunction on the implementation of the cash swap.
The NWC maintained the order of the apex court “is still subsisting”, The Nation reported.
The APC stakeholders also urged President Buhari to urgently intervene and halt the current suffering occasioned by the faulty implementation of the monetary policy.
Senator Adamu, the party's national chairman, was quoted as saying:
“I am sure you are quite aware of the fact that a meeting comprising of APC Governors was held today and the leadership of the NWC of our great party was summoned for this afternoon and we had discussions and at the end of the discussions, we have resolved as follows and this resolution is without prejudice whatsoever to the case that is lying at the Supreme Court at this point. This has to do with the issue of currency redesign.
“We note very seriously that the programme and its implementation are causing tremendous difficulties to the people of Nigeria and the national economy.
“That, we urge the Attorney General of the Federation and the Governor of the Central Bank of Nigeria to respect the Supreme Court order of interim injunction which is still subsisting.
“That the meeting is urging His Excellency, Mr President to intervene in resolving issues that are causing this great difficulty to the economy”.
We have all endorsed the resolution, Bagudu says
Speaking after the meeting, the chairman of the Progressive Governors Forum (PGF), Governor Atiku Bagudu of Kebbi, also said all the parties at the meeting endorsed the resolution.
“We are on the same page. The APC Governors Forum, the NWC is one party. We are all together," he said.
Governors at the meeting were Simon Bako Lalong (Plateau); Abdullahi Sule (Nasarawa); Abubakar Sani Bello (Niger); Nasir El-Rufai (Kaduna) and Yahaya Bello (Kogi).
Others were Mohammed Inuwa Yahaya (Gombe); Mai Mala Buni (Yobe); Bello Matawalle (Zamfara); Biodun Oyebanji (Ekiti); Babajide Sanwo-Olu (Lagos); Atiku Bagudu (Kebbi) and Mohammed Badaru (Jigawa).
Governors Aminu Bello Masari (Katsina) and Hope Uzodinma (Imo) sent their deputies.
Naira redesign: Akeredolu writes open letter to Buhari
In a related development, President Buhari was urged to do the right thing by playing the role of an elder statesman to Nigerians.
The governor of Ondo state, Rotimi Akeredolu, urged the president to immediately halt the implementation of the new monetary policy which entails the swapping of the old naira notes with the new ones.
In an open letter written to the president, Akeredolu said this is a crucial moment for the country and the implementation of the new policy championed by the CBN has failed.
Source: Legit.ng
