Nasir El-Rufai, governor of Kaduna, has urged residents to disregard the Central Bank’s directive and continue using the old denominations of naira notes that the apex bank is gradually eliminating.
When Bola Tinubu, an APC presidential candidate, becomes president, he stated, the policy will be reversed.
In Hausa, the governor of Kaduna stated, “Everyone, especially people in Kaduna should not be disturbed because of the naira swap deadline.”
“Continue operating your businesses and daily activities using any old or new notes you have.”
And we will ensure that we address this issue as soon as we win the election, he added.
If we win the election, that will be our first priority.
The assertion was made by Governor El-Rufai while addressing a political audience in his state and urging them to stop lining up at banks to exchange their old notes for new ones.
As a major component of its new cash policy, the Godwin Emefiele-led CBN had stated that the N200, N500, and N1000 notes would no longer be legal tender in Nigeria as of February 10.
Due to the extremely limited supply of the new notes, the decision has left many Nigerians in a bind.
Don’t rush into taking old Nigerian naira notes to the bank and wasting time in unnecessary lines. Mr. El-Rufai reaffirmed that “nobody can stop you (people) from using the notes.”
“We’ll give people more time to get rid of the old naira notes when we come to power (Insha Allah),” Bola Tinubu said.