Naira scarcity: Gov took N500m from single bank, claims El-Rufai

Bisola David
Bisola David
Mallam Nasir El-Rufai

The Kaduna State Governor, Nasir El-Rufai, has said an unnamed governor received N500 million new notes.

According to Daily Trust, El-Rufai, in an interview with BBC Hausa, claimed that politicians who are the targets of the naira redesign scheme already have their way.

“There is nothing wrong with changing currencies; every country does it. However, you cannot do so during an election year and within a finite amount of time.

“Politicians and wealthy business people who are the targets of the policy can obtain the new notes; some of them even control banks, but what about the poor and minor traders?

“All APC governors met to discuss the matter; we observed how people suffered; we support the change of currency, but the period should last for months.

“We said let’s sit down and talk about this issue, CBN, banks managers, and we governors. Let’s work together and have a proper plan on how to handle it. We should have plans to follow people to their homes and villages and change the notes for them, rather than forcing them to travel hundreds of kilometers to banks.

He also stated that the poor don’t have access to the new notes, and just yesterday, he was told that one of the governors had received 500 million naira.

“So I tell you, this transition won’t effect politicians since they have their money and are prepared,” he said.

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