On Wednesday, January 25th, a Civil Society Organisation, CSO, Concerned Nigerians, CN, threw weight behind the Governor of Central Bank of Nigeria, CBN Godwin Emefiele, and the stoppage of the old naira notes.
HB reported that the group urged the CBN’s governor not to yield to pressure from the National Assembly, (NASS), over the extension of the January 31st deadline on stoppage of circulation and use of the old Naira notes.
The Convener, CN, Comrade Deji Adeyanju, who condemned the directive by the National Assembly, said legally the CBN remains an independent agency of government that cannot be cowed to do the bidding of NASS based on the Act establishing the CBN.
Adeyanju also said the directive by the NASS to the CBN does not hold water in any way, because the CBN is on the right path to rescue the economy and stop vote buying ahead of the 2023 general elections. Adeyanju further declared that he stands with the decision of the Apex bank’s governor.
He said.
“The reason why I stand with Emefiele on the deadline of 31 January is that when January 31 comes and when it begins to pump the new Naira notes into the economy there will not be enough money for politicians to gather to buy votes.