Naira Redesign: Tinubu denies asking governors to disregard Buhari

Naira Redesign: Tinubu denies asking governors to disregard Buhari


The presidential candidate of the All Progressives Congress, Bola Tinubu, has denied asking governors to disregard President Muhammadu Buhari’s order that old N500 and N1000 cease to be legal tender in compliance with the policy of the CBN phasing them out.

Mr Buhari had in a broadcast on Thursday said only the old N200 note should be re-issued and used alongside other old notes until April 10 when it will stop being legal tender.

In what appears to be a counter-order, in a statewide broadcast, Governor Nasir El-Rufai of Kaduna State had said the old notes will be in use in his state in accordance with the Supreme Court’s ruling pending the determination of the substantive suit before it.

Kano State governor, Umar Ganduje, has also criticised the federal government over the policy, saying it is an attempt to make the APC lose in the forthcoming general elections.

The Supreme Court will rule on 22 February on the matter brought before it by some state governments…

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