Categories: metroPolitics

Anti-June 12 elements behind naira shortage, court injunction – Ganduje

Kano State Governor Abdullahi Ganduje yesterday raised the alarm that  ” anti-June 12 elements” were bent on scuttling the nation’s democracy.

He said the elements were “regrouping and dangerously masquerading” in the prevailing crisis generated by the new cash policy of the Central Bank of Nigeria (CBN) to achieve their goal.

Ganduje alleged that the elements consisted of “unknown political parties” working in consort with the Peoples Democratic Party (PDP).

The governor was reacting to an interim injunction by a Federal High Court in Abuja stopping the CBN from extending the 10-day deadline for swapping old naira notes for new ones. The extension ends on Friday.

Also yesterday, the Federal Government blamed its failure to end the impasse generated by the naira redesign on ”some opposition political parties.”

Ganduje had in a statement in Kano alleged that open support for the naira redesign by the PDP and its presidential candidate, Atiku Abubakar, showed collaboration between the opposition and the CBN to weaken the masses through harsh policies and thwart democracy.

READ ALSO:

The statement by Kano State Commissioner for Information   Muhammad Garba reads in part: “The group’s latest attempt is camouflaging in unknown political parties through the use of a legal instrument to further impose unfeasible cash policy that is taking its toll on the masses.

“The unknown political parties are also allegedly colluding with the main opposition party, the People’s Democratic Party (PDP), to execute this fiendish scheme.

“It is unfortunate that the CBN and its collaborators are insisting unnecessarily on the imposition of an unreasonable time frame for the old naira notes to cease to be legal tender, in total refutation of the obvious national dearth in the necessary technological infrastructure for the process.

“The rigid insistence on the implementation of these harsh, inhuman and insensitive cash policies to a point of neglecting their widespread rejection by the vast majority of Nigerians, including the National Assembly and all state governors, is an ominous agenda for the undermining of the nation and consequent scurrying of a smooth transition to a freely and fairly elected successive administration.”

In Abuja, Information and Culture Minister Lai Mohammed also took a swipe at the opposition parties for rushing to court for the order that restrained   President Muhammadu Buhari and Emefiele from extending Friday’s deadline for the naira swap.

He accused the “unscrupulous” parties of playing a political game with the redesigning of the naira and working against efforts that could have reduced the pains being experienced by Nigerians.

READ ALSO:

Mohammed, who spoke at the 23rd Buhari administration’s scorecard series in Abuja, however, assured Nigerians that the naira redesign brouhaha would end soon.

His words: “Let me use this opportunity to assure Nigerians that the Federal Government is mindful of the inconveniences currently being endured by citizens as a result of fuel supply disruptions and the recent redesigning of naira notes.

“The government is working assiduously to restore normalcy to these critical enablers of economic activity and to take added measures, where necessary, to alleviate the pains of Nigerians.

“Recall that after his meeting with progressives governors on Friday,  President Buhari urged citizens to give him a seven-day window to resolve the currency crunch that has emanated from the implementation of the Naira redesign policy.

“Unfortunately, on Monday (yesterday), some opposition political parties ran to the court to obtain an injunction restraining Mr President and the CBN from extending the February 10 deadline for Nigerians to exchange their old notes for new ones.

“The court action came after a number of opposition parties threatened to boycott the 2023 general election if the deadline was extended.”

The minister said the move by the parties amounted to legally hamstringing the President.

The Nation

Trends Admin

Recent Posts

BREAKING: Super Eagles qualify for AFCON 2025

BREAKING: Super Eagles qualify for AFCON 2025 The Super Eagles of Nigeria have secured their…

9 hours ago

Disaster averted as bird strike hits Abuja-Lagos Air Peace flight

Disaster averted as bird strike hits Abuja-Lagos Air Peace flight    An Abuja-Lagos flight was…

11 hours ago

NNPC achieves 1.8mbpd crude oil production

NNPC achieves 1.8mbpd crude oil production The Nigerian National Petroleum Company Limited (NNPC Ltd) and…

11 hours ago

BREAKING: FEC proposes N47.9 trillion budget for 2025 fiscal year

BREAKING: FEC proposes N47.9 trillion budget for 2025 fiscal year The federal government has unveiled…

11 hours ago

EFCC arrests ex-NCMB boss over $35m energy project fraud

EFCC arrests ex-NCMB boss over $35m energy project fraud The Economic and Financial Crimes Commission (EFCC)…

12 hours ago

FG gets fresh $134m loan from AfDB for agric projects

FG gets fresh $134m loan from AfDB for agric projects The Federal Government has secured a…

12 hours ago