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Home 2023 Elections

New Naira Notes: Emefiele Is Enemy Of Democracy- Tinubu PCC

by NewsOnline Nigeria
January 31, 2023
in 2023 Elections
0
Femi Fani-Kayode

Femi Fani-Kayode

The Tinubu/ Shettima presidential campaign council has described the Central Bank of Nigeria (CBN) governor, Godwin Emefiele as an enemy of democracy.

 

NewsOnline reports that Tinubu’s campaign team said the decision of the governor of the CBN to introduce new naira notes and deadline for the usage of the old naira notes without considering the effects it will have on the forthcoming election showed his lack of understanding of democracy.

 

The director of new media of the APC presidential campaign council, Femi Fani Kayode, who spoke on behalf of the APC presidential candidate, Bola Tinubu, accused the CBN governor of weaponizing the apex bank.

 

Kayode said the old naira notes will continue to be in circulation and in use until after the election in February and March, He said his party (the APC) will do everything lawful to ensure that the old naira notes remain legal tender until after elections.

 

READ ALSO: 2023 ELECTION: WE INSIST ON BVAS, GOVERNOR ISHAKU TELLS INEC

 

The former Minister of Aviation said, ”Emefiele has weaponized the CBN and is an enemy of democracy. The policy of cancelling old notes must be totally cancelled until AFTER the election and then done lawfully. He wants to cause a crisis, provoke a people’s uprising, derail our democracy and pave the way for an ING.”

 

”He has NO plans to release enough new naira notes any time soon. He wants to STARVE the people of cash and drive them to rage out of frustration. This is not about politics but about stoking up protest and revolution. This is subversion and destabilisation. He must be stopped and caged!” Kayode wrote on his Twitter handle.

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