Intrigues As Emefiele Meets Buhari in Daura, Fresh Details Emerge

Intrigues As Emefiele Meets Buhari in Daura, Fresh Details Emerge

  • Godwin Emefiele, the governor of the CBN, has met with President Muhammadu Buhari, in his hometown in Daura, Katsina state
  • Emefiele had a scheduled meeting with the president amid calls for an extension of the deadline to swap the old naira notes for the new ones
  • President Buhari has been in his home state since Wednesday when he commissioned some projects started and completed by Governor Aminu Masari

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Daura, Katsina - Amid the growing calls for the extension of the swapping of old naira notes for new ones as of Tuesday, January 31, the deadline approaches, the Governor of the Central Bank of Nigeria (CBN) is scheduled to meet President Muhammadu Buhari on Sunday, January 29.

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According to Tribune, the CBN governor has arrived in Daura, the country home of the president in Katsina, for a meeting with Buhari.

Godwin Emefiele/President Muhammadu Buhari/Naira redesign/New naira notes/deadline
Emefiele meets Buhari amid call for suspension of new naira note swapping Photo Credit: Femi Adesina
Source: Twitter

Will deadline for the exchange of old naira note for new one be extended?

Buhari has been in Katsina since arriving in the state on Wednesday, January 25, for the commissioning of projects started and completed by Governor Aminu Masari's administration.

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According to the report, the governor of the apex bank will be meeting with Buhari in his private residence today, 11am.

The deadline for the swapping of the naira notes is just 48 hours away and it is not clear yet what the CBN governor will propose to the president as he visits.

Latest about new naira note, deadline to exchance old naira note for new ones, Muhammadu Buhari, Godwin Emefiele, CBN

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But Emefiele is expected to obtain to get approval from President Buhari for the next line of action of the apex bank.

Legit.ng recently spoke with some traders and transport drivers on the new policy and many of them lamented the effect on their businesses.

“I am tired of this. I have to start begging people here to help me save the N7000 I have made since morning in their accounts, I don’t know if I will get it back to go to market on Monday because they say the ATMs are not dispensing,” an old woman said.

Naira Redesign: Primate Ayodele kicks against new CBN policy

Legit.ng earlier reported Primate Elijah Ayodele of the INRI Evangelical spiritual church has kicked against Godwin Emefiele, the governor of the CBN for insisting that the deadline for old naira notes to be accepted would not change.

The cleric maintained that may be fighting politicians with the new policy but the real casualties are the poor masses.

According to Ayodele, Emefiele will plunge the nation into another problem and he would not be able to solve it.

Source: Legit.ng

Authors:
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Bada Yusuf (Politics and Current Affairs Editor) Yusuf Amoo Bada is an accomplished politics and current affairs editor, boasting over 7 years of experience in journalism and writing. He is a graduate of OAU, and holds Diploma in Mass Comm. and BA in Literature in English. He has obtained certificates in Leadership and received the "Certificate for Breakthrough of the Year 2022" in recognition of his great performance during his first year at Legit.ng. Worked as Editor with OperaNews. Contact: bada.yusuf.amoo@corp.legit.ng or call 08161717844

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