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Currency Redesign Makes No Political Or Economic Sense At This Time-El-Rufai

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El-Rufai

Kaduna State Governor, Nasir El-Rufai has reacted to the recently redesigned currency notes.

Recall that the Central Bank of Nigeria (CBN), had recently redesigned the 1,000; 500, and 200 notes.

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Speaking on Wednesday while fielding questions on Channels Television’s Sunrise Daily programme, El-Rufai said ,

”This currency redesign. You have to understand the president. People are blaming the Governor of the Central Bank for the currency redesign, but No. You have to go back and look at the first outing of Buhari as president. He did this; the Buhari, Idiagbon regime changed our currency and did it in secrecy with a view to catching those that are stashing away illicit funds. It is a very good intention. The president has his right. But doing it at this time, and within the allotted time does not make any political or economic sense.”

 

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