KanyiDaily recalls that the Central Bank Nigeria’s (CBN) had announced February 10 as the deadline for the old denominations of the N200, N500 and N1000 notes would cease to be legal tender in the country.
But in a video circulating on social media, Governor El-Rufai was heard telling Kanuna residents that they should stop thronging banks to swap their old notes for the new ones.
According to him, the presidential candidate of the All Progressives Congress (APC), Bola Tinubu, would reverse CBN’s policy when he wins the 2023 elections.
“Everyone, especially people in Kaduna should not be disturbed because of the naira swap deadline,” said the governor in the Hausa language.
“Continue running your businesses and daily activities with whatever notes (old or new) you have.”
“And we will make sure to address this problem as soon as we win the election. That will be the first issue to tackle if we win the election.
“Don’t rush yourself into taking old naira notes to the bank, and wasting your time in the unnecessary queues at the bank. Nobody can stop you (people) from using the notes.
“When we come to power, (Insha Allah), if Bola Tinubu becomes the president, we’ll give people more time to get rid of the old naira notes.”
Meanwhile, the Supreme Court has temporarily restrained the CBN from implementing the deadline for the swapping of old to new Naira notes.
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