Zamfara State Governor, Bello Matawalle, has ordered the arrest of those in the state who refuse to accept the old N1000, N500, and N200 Naira notes.
According to news sources, the governor issued the order during the swearing-in ceremony of new High Court Judges and freshly appointed Special Advisers at the Government House, Chamber II in Gusau, the state capital.
Remember that Matawalle, Kaduna Governor Nasir El-Rufai, and Kogi State Governor Yahaya Bello had petitioned the Supreme Court to order the extension and validity of the old Naira notes.
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Matawalle reminded citizens of his state on Friday that the old currency notes will remain legal tender until the Supreme Court rules on the case he and the other two Northern governors filed against the Central Bank of Nigeria (CBN) and the federal government.
“As you are all aware, the economy of the country as a whole has been plunged into a serious crisis by the decision of the Central Bank to cease recognition of the old naira notes as legal tender from February 10th. This decision compounded the already dire situation of our State occasioned by banditry and sundry crimes, which significantly disrupted economic activities in the State and the subregion over the years,” Matawalle was quoted.
He explained that it was in light of the serious consequences of the CBN policy, which he concluded was poorly thought out, that he joined forces with the governors of Kaduna and Kogi states to petition the Supreme Court to ensure that both the new and old naira notes remain legal tender beyond February 10th.
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“Gladly, the Supreme Court has given an interim injunction barring the CBN from enforcement of its plan of derecognizing the old notes as legal tender from today, pending its final ruling on the matter on February 15th,” Matawalle noted.
He also commended the Supreme Court for “doing the needful”, which he said would alleviate the suffering of the masses.
Matawalle added: “This courageous decision by the Supreme Court has no doubt saved the country from sliding into a crisis of great proportion that may affect the peace and stability of the country and possibly prevent the holding of the general elections billed for this month.
“I have joined in this salvaging mission, notwithstanding my proximity and good rapport with His Excellency, President Muhammadu Buhari.”
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