APC Governors Ask Buhari To Allow Usage Of Old Naira Notes

All Progressives Congress (APC) governors have pleaded with President Muhammadu Buhari to permit the continued use of outdated Naira notes.

The governor of Kaduna state, Nasir el-Rufai, made this request on Friday during a meeting with the president and APC governors.

He claimed that the action was required to lessen the agony that Nigerians were going through as a result of the lack of new Naira notes.

Present at the meeting were governors of Kaduna State, Nasir El-Rufai, Imo State, Hope Uzodimma; Zamfara State, Bello Matawale; Kebbi State, Atiku Bagudu; Ebonyi State, Dave Umahi; Lagos State, Babajide Sanwo–Olu; Ogun State, Dapo Abiodun; Yobe State, Mai Bala-Buni; Kano State, Abdullahi Ganduje; Niger State, Sani Bello and Kwara State, Abdulrahman Abdulrazaq.

The CBN Governor, Godwin Emefiele, had earlier in the week stated that the apex bank’s measures were in accordance with global best practices and that the bank needed to have control over the money in circulation in the nation.

He also attributed the lack of fresh Naira notes to commercial banks, but claimed that the apex bank had instructed deposit banks to allow only ATM withdrawals in order to restrict the number of cash withdrawals that consumers may make each day.