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Reading: Emefiele introduced naira redesign because he failed in his bid for presidency – Ganduje
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The Africa Daily Post > News > Emefiele introduced naira redesign because he failed in his bid for presidency – Ganduje
News

Emefiele introduced naira redesign because he failed in his bid for presidency – Ganduje

Adekunle Owolabi
By Adekunle Owolabi Published February 4, 2023 2 Min Read
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Abdullahi Ganduje, the governor of Kano, claims that the Central Bank of Nigeria governor, Godwin Emefiele, pushed for the naira redesign policy because he failed in his presidential bid.

Ganduje stated this in an interview with BBC Hausa after a meeting of APC governors with President Muhammadu Buhari.

“The naira redesign is not the agenda of the APC, it is the agenda of those who are around the president and the governor of the Central Bank of Nigeria, who wanted to run for president but wasn’t successful,” he said.

Ganduje alleged that Emefiele and those around the president do not want elections to occur.

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In October 2022, Emefiele announced the plan to redesign N200, N500, and N1,000 notes and asked for old notes to be deposited before January 31, 2023.

However, many Nigerians are having trouble obtaining the new notes and the deadline has been extended to February 10.

Ganduje stated that the naira redesign policy is not part of the APC agenda and is instead the agenda of those close to the president. He said the governors will not part ways with the president on the policy but are against it.

Governor Nasir el-Rufai of Kaduna also spoke to BBC Hausa after the meeting with Buhari and said they met to resolve issues caused by the naira redesign.

He expressed concern that the issue could lead to chaos and disrupt elections.

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Adekunle Owolabi
By Adekunle Owolabi
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Adekunle, a seasoned journalist renowned for his astute coverage of global affairs, has honed his craft across diverse newsrooms in Lagos, Johannesburg, and Abu Dhabi. Adept at navigating the complexities of political and international diplomacy, he consistently delivers insightful analysis and accurate reporting, earning him recognition as a trusted voice in the field
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