A chieftain of the All Progressives Congress (APC), in Zamfara State, Alhaji Sani Abdullahi Shinkafi, has urged the Federal Government to uphold the Supreme Court’s decision and allow Nigerians to use the old Naira notes alongside the redesigned notes.
Shinkafi made the appeal while speaking to journalists, on Friday, in Gusau, the Zamfara State capital. He urged President Muhammadu Buhari’s administration to uphold the rule of law.
According to him, “President Muhammadu Buhari must respect the Supreme Court’s verdict and allow both the new and old Naira notes to exist concurrently until December 31 as the court ordered.
“Since the Supreme Court has ruled that the old and the New Naira notes remained legal tender, there is nobody in the country, no matter how highly placed, can violate the order.
“I am calling on President Muhammadu Buhari to respect the court order and quickly instruct the Central Bank of Nigeria (CBN) to release the notes back into circulation,” Shinkafi said.
He also urged the Deposit Money Banks (DMBs) to release both new and old notes as ordered by the court.
Shinkafi lamented how the New Naira notes policy had negatively affected many Nigerians whom he said had been languishing in poverty since the introduction of the cashless policy.
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He said the President was not properly advised by the CBN Governor, Mr. Godwin Emeifele on the Naira redesign policy.
“This is not how advanced countries changed their currencies,” he said.
He cited developed nations like the United States of America, the United Kingdom and the Kingdom of Saudi Arabia who used systematic and gradual means to replace their currencies without any expiration date.
