Naira Redesign: El-Rufai Finally Breaks Silence, Reveals Strong Faults in New Monetary Policy
- The executive governor of Kaduna state, Mallam Nasir El-Rufai, has faulted the timing of the naira redesign policy
- According to the governor, the monetary policy Nigeria needs to achieve its desired dream of it lacked economic and political timing
- El-Rufai disclosed that there are some faceless people in the Aso-Rock using the good intention of the president to sabotage his desires for the country
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Governor Nasir El-Rufai of Kaduna state has said the timing of the naira redesign by President Muhammadu Buhari's administration lacked "political and economic timing."
According to The Punch, the governor posited that the policy is good for Nigeria to achieve the desired change that the people are calling for but the deadline on its tail has negated its purpose.
The Kaduna state governor stated this while appearing on the Channels TV programme, Sunrise Daily, on Wednesday morning, February 1.
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El-Rufai exonerated President Buhari by saying that some unnamed persons are exploiting the good intention of the president to sabotage his work in Nigeria and frustrate Buhari's efforts.
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He recalled that Buhari, during his time as military head of state, redesigned the country's currency without any problem.
The governor said:
"You have to understand the President. People are blaming the Governor of the Central Bank for the currency redesign, but No. You have to go back and look at the first outing of Buhari as (military head of state). He did this; the Buhari-Idiagbon regime changed our currency and did it in secrecy with a view to catching those that are stashing away illicit funds. It is a very good intention. The President has his right. But doing it at this time within the allotted time does not make any political or economic sense.”
Tension Erupts As El-Rufai Reveals Saboteurs Around Buhari
Legit.ng earlier reported that Governor Nasir El-Rufai of Kaduna state has revealed that there are saboteurs around President Muhammadu Buhari in Aso Rock.
El-Rufai disclosed that the saboteurs have their preferred presidential candidate who failed to clinch the APC presidential ticket but failed to win at the primary.
According to the governor, the naira redesign by the CBN has inflicted more hardship on the people, particularly in the rural area and could turn the people against Tinubu.