JUST IN: Allow new, old Naira co-exist, APC govs urge Buhari - Punch Newspapers
Governor of Kaduna State, Nasir El-Rufai, who spoke to journalists in Hausa, revealed this shortly after governors elected on the All Progressives Congress ticket met the President at the State House, Abuja.
El-Rufai argued that the move had become necessary as the CBN mopped up over N2tn of the old notes but only printed N300bn of the new ones.The former FCT minister said the CBN’s cashless policy should have been preceded by the printing of at least half of the amount mopped up, N1tn. He lamented that many Nigerians were suffering even as traders of perishable goods are daily losing their wares from low patronage.
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