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Fresh Trouble For APC, As President Buhari Refuses To Allow The Use Of Old Naira Notes

President Muhammadu Buhari was said to be non-committal on Friday as Governors elected on the platform of the All Progressive Congress (APC) appealed to him to allow the old and new naira notes co-exist to ease the suffering of Nigerians.

The President reportedly neither said yes or no to the request.

Kaduna State Governor Nasir El-Rufai, who spoke to some journalists in Hausa language on Friday, said that while the Central Bank of Nigeria (CBN) mopped up over N2 trillion of the old notes, it printed only N300 billion, which he said is not enough.

El-Rufai, who was accompanied by his Kano counterpart, Abdullahi Ganduje, said even if the CBN had wanted to implement the cashless policy, it should have printed half of what it mopped up, for a start, which ought to be N1 trillion.

He said they told the President the masses are suffering and traders are losing their goods due to lack of patronage.

He referred to tomatoe sellers that travelled to Lagos with their goods but got nothing because people had no money to buy.

The Governor said they appealed to the President to reconsider his stance.

El-Rufai, however, said Buhari did not tell them yes or no.

He disclosed Chairman of the Progressive Governors’ Forum (PGF), Atiku Bagudu, has gone back to meet the President privately with the hope to convince him.

At of the time of filing this report, he was being awaited to address the media.

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