Naira Redesign: Coalition of CSOs Passes Vote of Confidence on President Buhari, Emefiele

Naira Redesign: Coalition of CSOs Passes Vote of Confidence on President Buhari, Emefiele

A coalition of Civil Society Organizations known as the Civil Society Organizations Central Coordinating Council has reiterated its support for the Naira redesign policy by the Central Bank of Nigeria, and passed a vote of confidence on President Buhari and the Central Bank Governor Godwin Emefiele while alleging that some state governors are out to

A coalition of Civil Society Organizations known as the Civil Society Organizations Central Coordinating Council has reiterated its support for the Naira redesign policy by the Central Bank of Nigeria, and passed a vote of confidence on President Buhari and the Central Bank Governor Godwin Emefiele while alleging that some state governors are out to sabotage the policy.

Addressing journalists in a press conference on Tuesday, Obed Okwukwe, the Spokesperson of the coalition said despite the scarcity of the new notes, the Naira policy is beneficial to the country’s economy, security and the forthcoming elections adding that some governors kicking against the policy are showing disrespect to the President and may want to disrupt orderliness in the country.

Okwukwe accused some of the governors in the country who are making moves to frustrate the efforts of President Muhammodu Buhari and the Governor of the Central Bank of Nigeria, Godwin Emiefele, with the aim of buying votes in the coming elections.

He further stated that the said governors including Kaduna state governor, Mallam Nasir El Rufai, the Zamfara state governor Bello Mataiwale, Ondo state governor, Rotimi Akeredolu, Kogi State governor, Yahaya Bello, alleging that they are plotting to make the country ungovernable for the President.

The coalition encouraged the President and the CBN governor to sustain the policy to make the country benefit from the objectives it sets out to achieve. “Since the implementation of the new Naira notes, Nigerians are seeing the gains except for the hitches of unavailability of cash especially for small businesses which is caused by sabotage from those who do not want the policy so that they can continue with their illicit trades. Other major indicators show that the impact of the policy is right and 100 percent positive.

“Also security, the impact of being felt as kidnappers now know that there is no cash to pay ransom. also on our electoral access, it is now obvious that it is only the vote buyers that are complaining. This policy is facing syndicated attacks from a group of governors who we have termed the G10 governors .

“These Governors have vowed that this policy will not see the light of the day, they are wiling to go the extra mile including making our country ungovernable and undermining the constitutional governance by bringing the entire country in a hold for their own reasons which are very much selfish. These G 10 governors are mopping up the money and stopping it from circulation. the storyline that has been spread that they are using the cash scarcity to make their candidates look bad is a false narrative. These G10 governors are the force behind abandonment.

“Are not the same governors that called their state house of assembly to vote against local government autonomy are now the one claiming to love the people. the same governors that are flying their private jet without paying their workers’ salary that are now claiming to love the people.

“If there is any group that lacks the moral rights to speak on this currency matter it is these governors, because they got us here. Governor Nasir El Rufai, Bello Mattaiwale, Hope Uzodinma, Abdulahi Ganduje, Yahyah Bello, Rotimi Akeredolu, Babajide Sanwo-olu, Biodun Oyebamiji should show respect to the president”, he stated.

After the press briefing the group proceeded to the office of the Attorney General and Minister of Justice, Mr. Abubakar Malami to submit a petition on the subject matter.

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