Naira Scarcity: Buhari, Emefiele not relevant after presidential election – Oshiomole attacks president

A former National Chairman of the All Progressives Congress (APC), Adams Oshiomhole, has attacked President Muhammadu Buhari’s decision on the naira redesign policy.

Recall that Buhari in his nationwide broadcast on February 16 directed the apex bank to only reissue and re-circulate the old N200 banknotes. The old N200 is expected to circulate as legal tender for 60 days up to April 10.

Buhari said the old N1,000 and N500 notes were no longer legal tender and that his regime would only reissue the old N200 note, initially outlawed, until April 10.

However, Oshiomhole kicked against President Muhammadu Buhari’s decision on the naira redesign policy.

Oshiomhole, who said Buhari is on his own following his recent comment on the naira redesign policy last Thursday, also insisted that Godwin Emefiele, the Central Bank Governor, will expire after Saturday’s presidential election.

The former Edo State governor, who stated this at Jattu market in Auchi, Edo North, also urged Buhari to obey the Supreme Court verdict on the naira notes.

Speaking in pidgin, Oshiomhole said: “All this wahala wey Buhari put for currency change, my hand no dey inside.

“Our party don tell Buhari, wait if you wan change currency, you shouldn’t change am during election.

“Wetin you no change during your time, you wan make am spoil another pesin time, e no good.

“He has to obey the Supreme Court. Supreme Court judgement is superior to the pronouncement of the president. That’s the Nigerian law. I disassociate myself.”

He continued: “Nah them choose ham. If they say dey want to change it, make them give you the new ones.

“Now they want to remove the old ones, they no give you the new ones.

“On this matter, President Buhari is on his own. Your naira will remain valid according to the Supreme Court. Don’t throw away your naira, keep it.”

He added: “By the time you finish voting on Saturday, Emefiele, the Central Bank Governor, will expire. Your money will not expire. But the president will expire.”

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