Naira Scarcity: Buhari Breaks Silence, Makes 1 Demand From Nigerians As He Meets APC Governors
- President Muhammadu Buhari has asked Nigerians to give him more 7 days to sort out the challenges being confronted on the new naira notes
- The President's appeal came after meeting the governors under his party, who urged him to allow the new currency to co-exist with the old ones
- Buhari said the new naira redesign will boost the economy while expressing doubt over bank's cooperation with the new monetary policy of the government
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The progressives governor of the All Progressives Congress (APC) has met with President Muhammadu Buhari and urged him to allow the old and new naira notes to co-exist to ease the suffering of Nigerians.
The Kaduna state governor, Nasir El-Rufai, disclosed that the APC governors made the request during their meeting with the President on Friday, February 3.
Buhari begs Nigerians to give him 7 days to avert naira scarcity crisis
El-Rufai hinted that President Buhari neither approve nor declined their request.
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But President Buhari later took to his verified Twitter page and apologise to Nigerians for the difficulties being confronted on the new naira note policy.
He asked Nigerians to give him 7 days to fix the challenges. The 7 days is part of the earlier 10 days extension that the Central Bank of Nigeria (CBN) governor earlier announced.
Latest about President Muhammadu Buhari, naira scarcity, APC, naira redesign, 2023 election
The President posited that the new currency redesign would boost the country's economy with long-term benefits.
However, Buhari expressed doubt about the commitment of banks to supporting the government's monetary policy.
But the President in a tweet said:
"I am aware of the cash shortages and hardship being faced by people and businesses, on account of the Naira redesign. I want to assure that we are doing everything to resolve these issues. Nigerians should expect significant improvements between now and the February 10 deadline."
See the tweet here:
“Buhari Has No Succession Plan”: El-Rufai Reveals 3 Steps That Led to Tinubu’s Emergence as APC Candidate
Legit.ng earlier reported that Governor Nasir El-Rufai of Kaduna state has disclosed that President Muhammadu Buhari said he had no succession plan when he asked him after the 2019 elections.
According to El-Rufai, the first step that led to the emergence of Bola Tinubu as APC's presidential candidate was to ensure that Buhari had no succession plan.
The governor further said that the second step was the zoning, adding that Buhari insisted that their earlier agreement to zone the presidency to the south must not change.