The controversies surrounding naira notes scarcity are getting different twists from the authorities, as the order from President Muhammdu Buhari and the Central Bank of Nigeria, CBN to cease the old N1000 and N500 notes as legal tenders are ignored by his subordinates in the political sphere.
The likes of Bola Ahmed Tinubu, the All Progressives Congress, APC Presidential Candidate, Governor Nasir El-Rufai of Kaduna State, Speaker, House of Representatives, Femi Gbajabiamila, Kano State Governor, Abdullahi Umar Ganduje, just to mention a few kicking against the President’s naira notes directives.
Without fear nor favour, Tinubu urged friendly Governors of the APC nationwide to disregard President Buhari’s order that N500 and N1,000 notes are illegal tenders.
Those who disobeyed Buhari’s order did so on grounds that the Supreme Court initially passed a judgement to maintain the status quo and continue with the former arrangement that valued old naira notes.
On his part, Governor Rufai declared in his state, that the old notes would remain valid for the next 100 days. Similarly, his counterpart in Kano State, Ganduje, has been loud about the situation and has followed Governors that support the extension of the expiration date that ceases the old notes as legal tenders.
