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Ganduje: Anti-June 12 elements against extension of old naira notes deadline

Omotayo Daranjo by Omotayo Daranjo
February 7, 2023
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Ganduje: Anti-June 12 elements against extension of old naira notes deadline
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Abdullahi Ganduje, governor of Kano state, says those behind the annulment of the June 12 presidential election in 1993, are seeking to scuttle the forthcoming elections with the cash policy.

The governor was reacting to a high court judgement that temporarily restricted the Central Bank of Nigeria (CBN) from extending the deadline for the use of old naira notes.

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The apex bank fixed February 10 as the deadline.

In a statement on Tuesday, Muhammad Garba, Kano commissioner for information, quoted Ganduje as saying that the “unknown” parties who secured the interim injunction are using the court to impose hardship on Nigerians.

“The group’s latest attempt is camouflaging in unknown political parties through the use of legal instruments to further impose unfeasible cash policy that is taking its toll on the masses in the country,” the governor said.

“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.”

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