El-Rufai: Why I rejected Buhari’s proposal to extend old naira deadline | TheCable

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Nasir el-Rufai, governor of Kaduna, has explained why he refused to accept the fresh resolutions proposed by the federal government on the naira redesign policy.

that the federal government proposed conditions on the naira redesign policy, including a new deadline of April 10 for the old notes.

El-Rufai was said to have rejected the proposed resolutions, and insisted on a total cancellation of the naira redesign policy.Reacting to the development in a statement by Muyiwa Adekeye, his spokesperson, the Kaduna governor explained the reason for his rejection of the resolutions, and described the federal government’s proposal as “insincere”.

These were not considered as serious proposals, for obvious reasons. Circulating the old N200 notes alone would not be sufficient to relieve widespread human suffering in Kaduna State, and indeed in Nigeria today.They knew that and that is why they falsely claimed that the CBN had already destroyed the old N500 and N1000 notes.

It is also a non-starter to insist on a new cut off date without first assuring that sufficient new notes would have been printed and circulated. Information available to the governors also indicate that the Mint will need at least 12 months to print the minimum amount of N1 trillion needed to ensure a functioning trade and exchange environment in Nigeria.

 

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You shall labour in vain... You can't change policy it has come to stay... Vote buyers!

Can you explain to me why only APC is against this naira policy? Other parties are not.

Elrufai has been the president by proxy

Reading the whole story, the rejection is reasonable. How can cenbank be lying that ALL N500 & N1000 have been destroyed and only N200 available. Can the available N200 notes solve the scarcity, when new notes can't even be available before the new deadline?

This man na ozuooohhh

This man na ozuooohhh

Don't you think you are talking too much lately, Mallam? Must you talk yourself into relevance? You should know that your time is fast ticking

Keep going we both know Buhari is our enemy now, do your best Sir we will support you till the end 💪🏻

May Allah bless you😊

Fulani cabals

elrufai MBuhari Rufai yari o

For your own personal agendas..... MOPA Chairman (My Own Person Agenda)

elrufai MBuhari Bro'the headline is confused' Yes bro. Just like APC🤣

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