Naira redesign: Apprehension as APC demands Malami, Emefiele’s resignation

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) and Abubakar Malami, the minister of justice and the attorney general of the federation have been asked to resign from their position for misleading President Muhammadu Buhari on the naira redesign policy.

The call was made on Friday, March 1, by the All Progressives Congress (APC), northwest branch, in a statement by Salihu Lukman, vice-chairman of the APC in the north-west.

Reacting to the Supreme Court verdict, which ruled that old 200, 500 and 1000 remain legal tender till December 31, 2023, APC said both Emefiele and Malami should accept the limitation of their knowledge of law and resign.

“Therefore, if indeed, the cashless policy of the Federal Government was supposedly designed to conform with extant legal provisions of the Nigerian Federation, now that it turned out in the direct opposite, both the CBN Governor, Mr. Emefiele and the attorney-general of the federation, Mr. Malami should accept the limitations of both their knowledge of the law and commitment to democracy by resigning from their respective offices forthwith,” Lukman said.

“Rule of law is fundamental to democracy and individuals who flagrantly violate the laws or promote acts that breach the constitution of the federal republic of Nigeria must not be tolerated.

“We call on Nigerians to take note of the fact that the crusade against the federal government’s cashless policy was led by APC, not minding the attempt to sensationally politicize it to the benefit of opposition political parties and their candidates in this election season.

“It is gratifying that Nigerians resisted the antics of subversive politicians who wanted to use such crude methods, including inflicting untold hardship and pains on Nigerians to provoke citizens into voting against the APC during the February 25 presidential and national assembly elections.

“We commend and salute Nigerians for their faith in our party, APC, and determination to support our party and our candidates during the 2023 elections.”

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