Naira Scarcity: Direct Your Anger To The Right Target – Shehu Sani Tells Governors

Former Kaduna Central lawmaker, Senator Shehu Sani has advised State Governors on what needs to be done concerning the prevailing naira scarcity issue across the country.

Senator Sani on Saturday advised that the Governors should take their grievances directly to President Muhammadu Buhari.

He noted that both the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and the Attorney-General of the Federation (AGF) Abubakar Malami can’t do anything without the President’s approval.

Taking to his Twitter account, Sani wrote: “Naira issues; The fact is that Malami and Emefiele can’t do anything without the consent of Buhari. Angry Governors should direct their anger to the right target.”

Naija News reports that despite the Supreme Court order of March 3 which directed the Central Bank of Nigeria (CBN) to keep the old N200, N500, and ₦1,000 notes in circulation till December 31, 2023, Nigerians have been facing daily struggles in accessing cash.

The banks have also been skeptical about accepting the old currencies while market men and women have declared they won’t accept the old notes except if there is a direct statement from Buhari or the CBN Governor authorizing it.

Based on the development, some state governors including Yahaya Bello of Kogi and Biodun Oyebanji of Ekiti have threatened to arrest and prosecute those rejecting the old notes.