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APC govs to Buhari: Allow old, new Naira notes coexist

Governors elected on the platform of the All Progressive Congress (APC) have appealed to President Muhammadu Buhari to allow the old and new naira notes co-exist to ease the suffering of Nigerians.

Governor Nasir el-Rufai of Kaduna State, who spoke to some journalists, in Hausa language, on Friday, at the Aso Rock Presidential Villa, in Abuja, on Friday, said that while the Central Bank of Nigeria (CBN) mopped up over N2 trillion of the old notes, it printed only N300 billion, which he said was grossly inadequate.

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Governor el-Rufai, who was accompanied by his Kano State counterpart, Alhaji Abdullahi Ganduje, said even if the CBN had wanted to implement the cashless policy, it should have printed half of what it mopped up, for a start, which ought to be N1 trillion.

He said they told the President that the masses were suffering and traders are losing their goods due to lack of patronage.

He referred to tomatoes seller that travelled to Lagos State with their goods but got nothing because people had no money to buy.

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The governor said they appealed to the President to reconsider his stances.

Governor el-Rufai, however, said President Buhari did not tell them ‘Yes’ or ‘No’.

He disclosed Chairman of the Progressive Governors’ Forum (PGF), Alhaji Atiku Bagudu, has gone back to meet the President privately with the hope to convince him.

At of the time of filing this report, he was being awaited to address the media.