Adamu to meet APC Govs tomorrow

The National Chairman of the All Progressives Congress, Abdullahi Adamu, has invited the APC State Governors to an emergency meeting on Sunday.

The development is coming in the wake of the growing friction and cold war between the President, Major General Muhammadu Buhari (retd.), and some aggrieved governors over the naira redesign policy that has subjected a number of Nigerians to untold hardship in the last three weeks.

The lingering cash squeeze policy of the Central Bank of Nigeria was further worsened following the declaration by the president that the CBN should allow only the old N200 to co-exist with the new naira notes.

Hours after the president’s broadcast, Governor Nasir El-Rufai of Kaduna State had addressed Kaduna residents, saying the former military Head of State was wrong on his directive to recirculate only the old N200 banknotes as part of measures to curb the cash crunch in the country.

El-Rufai, who said the old N1,000 and N500 were still legal tender in his state, did not mince words when he stated that the aim of the naira redesign was to scuttle the general election and give room for an interim government.

It was also reported that El Rufai and two other APC governors from Kogi and Zamfara states sued the Federal Government seeking a restraining order to stop the full implementation of the naira redesign policy of the CBN.

Peoplesmind