Naira Swap: Tinubu hails govs over Supreme Court ruling  

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The All Progressives Congress (APC) presidential candidate, Asiwaju Bola Ahmed Tinubu, has hailed the governors of the 36 states for standing on the side of the Nigerian people over the Central Bank new naira and cashless policy that have subjected the masses to pains.

According to Asiwaju Tinubu, the governors, especially, the APC governors who instituted the suit against the CBN and Federal Government at the Supreme Court, acted well on behalf of the hapless Nigerians who have been made to bear the brunt of naira redesign policy that has been poorly implemented.

The Supreme Court on Wednesday morning in a law suit brought before it by the governments of Zamfara, Kogi and Kaduna states gave an interim injunction against the CBN and Federal Government,  allowing the old N200, N500 and N1000 to remain legal tender beyond February 10 deadline until the case is fully disposed.

Following  the apex court ruling, Asiwaju Tinubu noted that the governors have saved the country from a needless political and economic crisis and miseries which have clearly become the unintended consequences of the monetary policy of the apex bank.

In a statement by the director, media and publicity APC Presidential Campaign Council, Bayo Onanuga, Asiwaju Tinubu noted that the Supreme Court ruling coincided with the advice of the International Monetary Fund which urged for the extension of the deadline for the swap of the old naira notes, going by the problems being experienced across the country in getting the new notes.

“I want to salute the courage of our governors and, most especially, the Progressives Governors in APC, who acted to save our country from avoidable and dangerous political crises and social unrest which the Central Bank policy on new naira notes has brought on our country…

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