Governor Collected N500 Million New Notes From Bank – El-Rufai

Governor Nasir El-Rufai has revealed that a governor was able to mobilise N500 million in new naira notes from one of the banks in the country bringing to light the culpability of some banks in the sabotage of the naira redesign policy of the Central Bank of Nigeria, CBN.

The Kaduna State governor spoke in an interview with the BBC Hausa Service as he expressed concern over the timing of the implementation of the CBN policy.

“It is not wrong to change currencies, every country do but you can not change it at this season of elections and give this limited time, where in this world that ever happened?”

“Politicians and big businessmen who are targeted by the policy have their ways of accessing the new notes, some of them own the banks, but what of poor, petty traders?

“All APC governors met on the issue, we saw how people suffer, we support the change of currency but time should be extended to months.

“We said let CBN, banks managers and we governors sat and discussed the issue, let’s work together and have a proper plan on how to go about it, we should have plans to follow people to their homes, villages and change the notes for them but not forcing them to go to banks which take some of them a hundreds kilometers.

“I tell you this change does not affect politicians, they have their money and they are prepared, they know how to access the new notes, it is poor don’t have ways, even yesterday we were told one of the governors was given N500 million of the new notes.”

GWG.ng reports that besides El-Rufai, a number of political leaders including Asiwaju Bola Tinubu and Senator Rabiu Kwakwanso have expressed concern on the implementation of the policy.

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