Rivers State Governor Nyesom Wike has chastised President Muhammadu Buhari for ignoring the Supreme Court’s judgement on the currency redesign.
Wike claimed that the President’s defiance of the Supreme Court’s judgement on the old notes could lead to anarchy and violence across the country.
He made the remarks on Friday at the Peoples Democratic Party (PDP) governorship campaign rally kick-off in Ngo town, Andoni Local Government Area, the state’s capital.
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The governor recommended the President to follow the Supreme Court’s decision, saying that democracy cannot exist without the rule of law.
Governor Wike stated that he is opposed to the naira redesign strategy because it has caused people to suffer, and that the President should reconsider the policy.
He said: “I believe in a country that respects the rule of law. The President ought to respect the Supreme Court and when you do not respect the supreme court, then it is anarchy you are talking about.
“So, we from Rivers state condemn the position of Mr President for not respecting the decision of the supreme court.
“We want democracy and there cannot be democracy without the rule of law. Therefore, any candidate who is in support of the policy when the people are suffering, we will not support that candidate.
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“Any policy you have to implement, you have to weigh it because you [were] put there for the people. If your policy is going to suffer the people, then think twice.”
Recall that Buhari asked the Central Bank of Nigeria (CBN) on Thursday to extend the validity of old N200 notes till April 10.
The president also stated that all current old N1,000 and N500 notes will be redeemed for 60 days at the Central Bank of Nigeria (CBN) at designated sites.
Despite the Supreme Court’s order that the old notes remain lawful cash awaiting the outcome of a challenge filed by several state governors, Buhari issued the directive.
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The Supreme Court ruled on Wednesday that its order on the old notes stands, and that the ruling on the subject has been postponed until February 22.
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