Nasir El-Rufai, the governor of Kaduna state, has accused Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) of introducing the naira redesign policy to help Peoples Democratic Party (PDP) back to power.
The governor made this allegation on Friday, March 3, while reacting to the verdict of the Supreme Court on the suit filed before it by Kaduna, Kogi and Zamfara states.
The apex court in a unanimous judgement today said the old 200, 500, and 1000 notes remain legal tenders, a position contrary to the earlier directive issued by President Muhammadu Buhari.
El-Rufai said Emefiele was appointed by the opposition party as the CBN governor and he worked for the party in the 2023 general elections.
He also accused the CBN governor of misleading the president on the redesign policy.
“Emefiele was appointed Central Bank Governor by the PDP originally. So, let’s not forget where he came from,” El-Rufai said.
“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.”
