APC backs governors on naira redesign

The All Progressives Congress (APC) has declared its support for the governors on their position regarding the naira redesign.

At least 10 states had approached the Supreme Court to set aside President Muhammadu Buhari’s directive on the naira swap.

The states are Lagos, Kaduna, Kogi, Zamfara, Ondo, Ekiti, Katsina, Ogun, Cross River, and Sokoto.

The president had in a nationwide broadcast on Thursday extended the validity of the old N200 notes till April 10.

He, however, declared that the old N500 and N1000 notes had ceased to be legal tender effective from February 10 in defiance of the apex court’s order that the old naira notes remain legal tender pending the determination of the suit filed by the All Progressives Congress (APC) governors on naira redesign policy next Wednesday.

Following President Buhari’s directive, the Kaduna State Governor, Nasir El-Rufai, and his colleagues in Kano, Kogi, and Jigawa and rejected the move and insisted that all the naira notes remain legal tender until the Supreme Court determines otherwise.

READ ALSO: Group accuses APC governors of inciting Nigerians against FG over naira redesign

The APC National Chairman, Abdullahi Adamu, disclosed this to journalists at the end of a meeting with the governors at the party’s National Secretariat in Abuja.

He said the party would align with its governors’ position on the naira redesign.

The former Nasarawa State governor urged President Buhari to address the problems arising from the policy.

He said: “We urge the Attorney-General of the Federation and the Governor of the Central Bank of Nigeria (CBN) to respect the subsisting order of the Supreme Court.

“We are also appealing to his Excellency, Mr. President, to intervene and resolve the issues causing hardship for the people.”

The governors at the meeting were Nasir El-Rufai (Kaduna), Abdullahi Sule (Nasarawa), Inuwa Yahaya (Gombe), Mai Mala Buni (Yobe), Abubakar Badaru (Jigawa), Abubakar Sani Bello (Niger), Yahaya Bello (Kogi), Simon Lalong (Plateau) and Biodun Oyebanji (Ekiti).

The APC presidential candidate, Bola Ahmed Tinubu, and members of the party’s National Working Committee (NWC) also attended the meeting.

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