Court injunction on naira swap: June 12 elements at it again -Ganduje

Governor Abdullahi Ganduje

Court injunction on naira swap: June 12 elements at it again

By Abdullahi Shuaibu
February 07, 2023

Kano State Governor Abdullahi Ganduje has lamented that elements of the annulled June 12, 1992 presidential election are regrouping and dangerously masquerading in the prevailing crisis generated by the cash policy to scuttle the nation’s democracy.

Ganduje said the group’s latest attempt at that was camouflaging in unknown political parties through the use of legal instrument to further impose unfeasible cash policy that is taking its toll on the masses in the country.

The governor was reacting to an interim injunction issued by a federal high court in Abuja, stopping the Central Bank of Nigeria (CBN) from extending the 10 day deadline set for the currency swap.

He noted that the unknown political parties are also allegedly colluding with the main opposition party, the People’s Democratic Party (PDP) to execute this fiendish scheme.

In a statement issued by Kano commissioner for information, Malam Muhammad Garba, the governor also observed that the open support for the policy by the main opposition party and its presidential candidate, Atiku Abubakar was worrisome.

He also expressed concern that the grand complicity between the opposition and apex bank to deliberately thwart the nation’s hard earned democracy and had led to untold hardship on the masses.

He said it was unfortunate that the CBN and it’s collaborators are insisting unnecessarily on the imposition of an unreasonable time frame for the old naira notes to cease to be legal tender, in total refutation of the obvious national dearth in the necessary technological infrastructure for the process.

Ganduje further stated that the rigid insistence on the implementation of these harsh, inhuman and insensitive cash policies to a point of neglecting their widespread rejection by the vast majority of Nigerians including the National Assembly and all state governors, is an ominous agenda for the undermining of the nation and consequent scurrying of a smooth transition to a freely and fairly elected successive administration.