Home News Politics Emefiele attempted favouring PDP with Naira redesign policy — El Rufai
Politics

Emefiele attempted favouring PDP with Naira redesign policy — El Rufai

Share
El-Rufai speaking to reporters in Awe, Nasarawa State
El-Rufai speaking to reporters in Awe, Nasarawa State
Share

Governor Nasir El-Rufai of Kaduna State on Friday alleged that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele introduced the naira redesign policy to help the Peoples Democratic Party (PDP) win the 2023 general elections.

“Emefiele was appointed Central Bank Governor by the PDP originally. So, let’s not forget where he came from,” El-Rufai said at a media chat just after the Supreme Court ordered that old N200, N500, and N1,000 notes remain in circulation till December 31, 2023.

The apex court also nullified the Federal Government’s naira redesign policy, declaring it as an affront to the 1999 Constitution.

The court said the policy has led to some people engaging in trade by barter in this modern age in a bid to survive.

Sixteen states led by Kaduna, Kogi and Zamfara prayed the apex court to void and set aside the policy on the ground that it is inflicting hardships on innocent Nigerians.

Briefing the media after the judgement, El-Rufai, who witnessed the ruling alongside his brother All Progressives Congress (APC) governors like Yahaya Bello of Kogi State and Bello Matawalle of Zamfara State, said the CBN governor deceived President Muhammadu Buhari to actualise the policy.

“He (Emefiele) is the one that out this policy together to help the PDP win the 2023 general elections and deceived the President into thinking that it is possible to withdraw N2trillion from circulation and reprint everything in three months. No country in world history has done it,” the Kaduna governor stated.

Share
Related News
President Bola Ahmed Tinubu
Politics

Nigerian Youths Pledge Six Million Votes For Tinubu In 2027

Nigerian youths under the platform of the All Progressives Congress (APC) Youth...

PoliticsTop stories

Oyo Court Defers Hearing On PDP National Convention Dispute To Wednesday

The Oyo State High Court in Ibadan on Monday again adjourned the...

Politics

PDP Candidate Jude Ezenwafor Pledges Cooperation With Governor Soludo, Advocates Inclusive Leadership

Jude Ezenwafor, the Peoples Democratic Party (PDP) candidate in the recently concluded...

Politics

Moghalu Rejects Anambra Governorship Election Outcome, Decries Vote Buying And Underage Voting

The Labour Party (LP) candidate in the November 8, 2025, Anambra State...