Naira Notes Swap: Ganduje Makes U-Turn On Buhari’s Visit After Extension of Deadline

Naira Notes Swap: Ganduje Makes U-Turn On Buhari’s Visit After Extension of Deadline

  • President Muhammadu Buhari will now visit Kano state after approving a 10-day extension for the swapping of old naira notes
  • This was immediately after the new deadline was announced for the use of old notes on Sunday, January 29
  • The president will be in Kano state on Monday, January 30 to commission some important projects executed by Governor Umar Gasnduje's administration

Governor Umar Ganduje of Kano State will receive President Muhammadu Buhari on Monday, January 30, to commission some projects in the state. gathered that the state government earlier postponed Buhari's planned visit in order to forestall unforeseen circumstances that may arise due to the government’s refusal to postpone the deadline for the old naira notes swap.

President Muhammadu Buhari, Daura, Katsina state, Governor Umar Ganduje of Kano State
Ganduje to receive Buhari in Kano state after the deadline extension of the old naira notes swap. Photo credit: Buhari Sallau
Source: Facebook

Ganduje makes U-turn, ready to receive Buhari

After the government announced an extension of the deadline on Sunday, January 29, Governor Ganduje said Kano State is now prepared to receive the president, a report by Premium Times confirmed.

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Ganduje, alongside Barau Jibrin the chairman Senate committee on appropriation, led a delegation from the state to meet President Buhari in Daura, after which it was announced that the state visit will proceed as originally planned.

Ganduje said his team from Kano also discussed the issue of the ongoing currency swap with the president and are happy with him, The Nigeria Tribune report added.

APC chieftain reveals Tinubu's impact in Buhari's extension of deadline for old Naira notes swap

Femi Fani-Kayode, a chieftain of the All Progressives Congress (APC), said President Muhammadu Buhari ordered the Central Bank of Nigeria (CBN) to extend the deadline for depositing the old Naira notes.

Godwin Emefiele, the CBN governor, had earlier announced that the apex bank presented the request and got the president's approval for an extension on Sunday, January 29.

However, reacting in a statement on Facebook, Fani-Kayode who is a member of the APC Presidential Campaign Council said it was President Buhari who gave the order.

Buhari gives reasons for CBN naira redesign policy

Earlier, reported that President Buhari again defended the decision of the CBN to redesign a higher denomination of the Naira.

According to Buhari, the policy was targeted at individuals in possession of illicit funds and not ordinary Nigerians.

The president disclosed this in a statement issued by his Senior Special Assistant on Media and Publicity, Garba Shehu on Saturday, 28 January 2023.


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