UPDATE: 2027 Is About Peter Obi, No One Else - Kenneth Okonkwo

Naira Notes: Why APC, PDP Dragged Buhari To Court – Kenneth Okonkwo

by Victor Ndubuisi
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Kenneth Okonkwo, a Nollywood actor and a spokesperson for the Labour Party (LP), Presidential Campaign Council, has lambasted governors of the All Progressives Congress (APC) and Peoples Democratic Party (PDP) for opposing President Buhari’s Naira redesign policy in court.

According to news sources, the LP chieftain stated during an interview on the DailyTrust Politics program that the governors are fighting the initiative for selfish reasons.

Thespian made reference to Kaduna state’s instability, claiming that many people have been butchered and slain by bandits, but governor Nasir El-Rufai has not challenged the federal government in court over the state’s high degree of insecurity.

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According to him, the government’s fundamental responsibility to its inhabitants is security and welfare, but the Kaduna administration has failed in this regard.

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He went on to say both the APC and PDP governors want the federal government to halt further implementation of the Naira redesign strategy for reasons of power and money.

El-Rufai, for his part, has declared that old Naira notes are still legal cash in Kaduna State.

El-statement Rufai’s contradicted President Muhammadu Buhari’s remarks during his nationwide broadcast on Thursday morning.

The Nigerian leader reiterated that the Central Bank of Nigeria’s (CBN) naira redesign policy is still in place.

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Buhari stated that only the old N200 notes would be accepted for transactions, while the old N500 and N1000 notes would remain outlawed, as previously announced by the apex bank.
He had instructed Nigerians to deliver the old denominations to the CBN and other designated locations.

Governor El-Rufai, on the other hand, said in his statewide speech on Thursday night that all old Naira notes would remain legal tender in Kaduna until the Supreme Court of Nigeria rules otherwise.

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