Naira Crisis: Buhari, Emefiele Will Expire After February 25 Election — Oshiomhole

By Starrys Obazei | February 21, 2023
starrys@ddnewsonline.com

Adams Oshiomhole, former National Chairman of the ruling All Progressives Congress, APC, has publicly tackled President Muhammadu Buhari over his government’s Naira redesign policy.

Oshiomhole, also former Edo Governor, made his outburst at the Jattu market in Auchi Edo North, saying Buhari had no alternative but to respect the Supreme Court’s decision because it superseded his directive on the policy, according to Sahara Reporters

He wondered why Buhari did not implement the same policy on the eve of his re-election in 2019, and why he was now attempting to sabotage another person’s election with such a policy.

He pleaded with the market women not to throw away their old money because, according to the Supreme Court, their Naira was still legal tender.

The Central Bank governor, Godwin Emiefele, also said he would “expire” after this Saturday, February 25.

Speaking in pidgin English, he said, “All this wahala wey Buhari put for currency change, my hand no dey inside. Our party don tells Buhari, wait if you want to change currency, you should not change ham during the election. Wetin you no change during your time, you can make ham spoil another pesin time, e no good. At this point, nah only God we go dey fear.

“He has to obey the Supreme Court. Supreme Court judgment is superior to the pronouncement of the President. That is Nigerian law. Under Nigerian democracy, the Supreme Court once it is pronounced, the President must obey. Because everywhere I go, I dissociate myself. Because the truth is, the money in your hand, no be you print ham. The colour wey e wear. No, be you choose ham.

“Nah they choose ham. If they say dey wants to change it, make them give you the new ones. Now they want to remove the old ones, they no give you the new ones. So, if you have old money, don’t throw it away. On this matter, President Buhari is on his own. Your naira will remain valid according to the Supreme Court. Don’t throw away your naira, keep it.

“By the time you finish voting on Saturday, Emefiele the Central Bank Governor will expire. Your money will not expire. And the President will also expire,” he added.