Naira Redesign: June 12 Elements At It Again, Says Ganduje

Kano State Governor, Abdullahi Ganduje has expressed concern that elements from the annulled June 12, 1993, presidential election are regrouping and are using the current crisis generated by the naira redesign policy to undermine Nigeria’s democracy.

He claimed that these individuals are disguising themselves as unknown political parties and working with the main opposition party, the People’s Democratic Party (PDP), to impose an unfeasible cash policy that is affecting the masses.

The governor’s comments come as a reaction to an interim injunction issued by a Federal High Court in Abuja, which stopped the Central Bank of Nigeria (CBN) from extending the 10-day deadline set for the currency swap.

In a statement issued by the Commissioner for Information, Muhammad Garba, Ganduje accused the CBN and supporters of the naira redesign policy of being rigid in the implementation of the “harsh and insensitive” cash policy, despite the widespread outrage by Nigerians, including the National Assembly and state governors.

He also alleged that the support of the policy by the main opposition party and its presidential candidate, Atiku Abubakar, showed the complicity between the opposition and the apex bank to allegedly undermine the country’s democracy.

He noted that the insistence by the CBN on the implementation of the policy, even in the absence of necessary technological infrastructure, is an ominous sign for the nation and could hinder smooth elections.