Skip to main content

Use Your Old Naira Notes, Says Governor Nasir El-Rufai, To Traders

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, announced plans to redesign the N200, N500, N1,000 notes in October 2022, Nigerians were told to deposit their old notes before January 31, 2023, when the old notes would cease to be legal tender.

The deadline was, thereafter, shifted to February 10, 2022 but many Nigerians have found it difficult to obtain the new naira notes from the banks.

On Tuesday, in a meeting with the traders in Kaduna, Governor Nasir El-Rufai, told traders in the state to continue using the old naira notes for their transactions. He hinted that Bola Ahmed Tinubu, the presidential candidate of the All Progressives Congress (APC) if elected, he will review the naira redesign policy.

“Stop changing your money and tell everyone to stop taking money to banks. If you sell anything, accept the old note if it’s given to you. Stop saying it’s only the new notes that you will accept because your market will stop and that is what they want,” he said.

“Tell everyone in Kaduna who has the old notes to spend it and buy items. Tell every trader to accept the old notes.

"Nasir El-Rufai, Uba Sani, and Asiwaju Bola Ahmed Tinubu promise you that if we (APC) are elected, this policy will be changed and everyone will be given sufficient time to change their money.

See video below, the Governor spoke in Hausa:

“Stop taking your money to banks, keep them with you. Nobody can make your money to become worthless. It is the law; nobody can do it.

“It’s just a matter of time; be patient. We have 18 days to the elections. Once the elections are over, you should expect what Asiwaju Bola Tinubu would say, which is the change of this policy.

"You should help us pass this message to relatives. Everyone should stop taking money to banks; continue trading with the old notes.” Said El-rufai.

On Wednesday, the Supreme court temporarily restrained the federal government from banning the use of the old naira notes from February 10, after a suit was filed by Kaduna, Kogi and Zamfara states at the Supreme Court against the CBN.

The Kaduna State Governor Nasir El-Rufai said the ruling would relieve the suffering caused by what he called a “callous” and “myopic” policy by the CBN.


Comments

Popular posts from this blog

Professor Isah Odidi, 16 Others Appointed As Directors By The Peoples Democratic Party (PDP) Presidential Campaign Council

  Professor Isa Odidi and His Excellency the Waziri Adamawa, Atiku Abubakar. The Peoples Democratic Party Appoints Directors And Deputy Directors To Kick-Start Campaign.                                 Professor Isah Odidi, has been appointed as Director, Diaspora Group by the Campaign Organisation of the Peoples Democratic Party (PDP). This appointment was contain in a Press Release on Thursday, October 06, 2022 issued by the Campaign Organisation’s Director-General and Governor of Sokoto State, Aminu Tambuwal. Professor Isah Odidi, a distinguished pharmacist, an erudite scientist,  a technocrat and tireless researcher will indeed propagate the good virtues of the great party, the PDP and its Presidential candidate, Atiku Abubakar, in the Diaspora.  Professor Odidi, has always asserted that Atiku  Abubakar is a unifier and the best candidate to move the Nigerian nation forward, ushe...

You and Your Health - Alzheimer's breakthrough'

A study from Sweden which has found that a blood test can detect the earliest stages of Alzheimer's disease, reports the BBC, while expansiating on it's report that;                   Image Credit: Scientific American   The Times says it could have "huge implications" for routinely screening the over-50s for their risk of the disease. The test - the paper reports - can detect the "proteins" which can cause Alzheimer's which build up in the brain for 10 to 15 years before symptoms start to show, and allowed researchers to assess how "likely" someone was to develop the disease. According to the Daily Express, the brand new diagnostic tool has been praised by experts as it may "ultimately bring us closer towards a cure for dementia". The Daily Telegraph takes the view the "simple and cheap method" can measure how likely people are to develop the illness up to 15 years before they show symptoms, citing research from the study.

NLC To Embark On A Strike Action If....

The Nigeria Labour Congress (NLC), national president, Comrade Joe Ajaero, during the African Trade Union Alliance meeting in Abuja. Has issued a threat to embark on a nationwide strike without any notification if the pump price of fuel sells above the current price of N617. Media reports indicated an imminent increase in the price to N720. The NNPC Limited has not made any official announcement of a fuel price increment According to Ajaero, there were purported plans to further increase the pump price of petrol, which he expressed dismay that the development will cause additional and untold hardship on Nigerians. He said: “As we are here now, they are contemplating increasing the pump price of petroleum products, and the ministry of labour for some time now would only go to the Ministry of Justice to come up with a so-called injunction to hold the hands of Labour not to respond. But let me say this, Nigerian workers will not give any notice if we have not addressed the consequences of...