Connect with us

Hi, what are you looking for?

News

Comply With S’Court Order On Cash Swap, APC Tells FG, CBN

The ruling All Progressives Congress (APC) has advised the Federal Government and the Central Bank of Nigeria (CBN) to respect the Supreme Court order of Interim injunction on the implementation of the cash swap, The Nation reports.

The National Working Committee (NWC) of the party after a meeting with Governors elected on the platform of the party and its presidential candidate, Asiwaju Bola Ahmed Tinubu in Abuja on Sunday maintained the order of the apex court “is still subsisting”.

The meeting also urged President Muhammadu Buhari to urgently intervene and halt the current suffering occasioned by the faulty implementation of the monetary policy.

Kaduna, Kogi and Zamfara had taken the Federal Government and the CBN to the Supreme Court to suspend the naira swap over hardship faced by Nigerians.

Despite the order of the apex court, the Federal Government and the CBN proceeded to implement the policy, which has continued to unleash untold hardship on Nigerians.

Sponsored LinksYou May Like
Stаble Blood Pressure Till Old Age. Take 2 Minutes To Read
History of Sefi Oyeyemi
Learn to trade like a pro (Free ebook)
Deriv.com
by Taboola
Addressing the newsmen on the resolution of the meeting which lasted for about three hours, APC Chairman, Senator Abdullahi Adamu, said the party, Governors and party’s presidential candidate are on the same page.

According to him: “I am sure you are quite aware of the fact that a meeting comprising of APC Governors was held today and the leadership of the NWC of our great party was summoned for this afternoon and we had discussions and at the end of the discussions, we have resolved as follows and this resolution is without prejudice whatsoever to the case that is lying at the Supreme Court at this point. This has to do with the issue of currency redesign.

“We note very seriously that the programme and its implementation are causing tremendous difficulties to the people of Nigeria and the national economy.

“That, we urge the Attorney General of the Federation and the Governor of the Central Bank of Nigeria to respect the Supreme Court order of interim injunction which is still subsisting.

“That the meeting is urging His Excellency, Mr President to intervene in resolving issues that are causing this great difficulty to the economy”.

Chairman of the Progressive Governors Forum (PGF) Governor Atiku Bagudu of Kebbi also said all the parties at the meeting endorsed the resolution.

He said: “We are on the same page. The APC Governors Forum, the NWC is one party. We are all together.

“The chairman (Abdullahi Adamu) said the Governors and the party are the same and I am very proud about the conduct of our campaigns by our presidential candidate under the able leadership of our party led by Abdullahi Adamu and the DG of the Campaign Council and the governors alongside all our APC candidates across the country who have been doing a tremendous job of mobilizing Nigerians”.

Governors at the meeting were Simon Bako Lalong (Plateau); Abdullahi Sule (Nasarawa); Abubakar Sani Bello (Niger); Nasir El-Rufai (Kaduna) and Yahaya Bello (Kogi).

Others were Mohammed Inuwa Yahaya (Gombe); Mai Mala Buni (Yobe); Bello Matawalle (Zamfara); Biodun Oyebanji (Ekiti); Babajide Sanwo-Olu (Lagos); Atiku Bagudu (Kebbi) and Mohammed Badaru (Jigawa).

Governors Aminu Bello Masari (Katsina) and Hope Uzodinma (Imo) sent their deputies.

____

Follow us on Twitter at @thesignalng

Copyright 2023 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to  www.signalng.com and other relevant sources.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Related

News

The Second Prosecution Witness (PW2) in the ongoing trial of a former governor of Central Bank of Nigeria (CBN), Godwin Emefiele, Boss Mustapha, on...

News

There’s a mounting pressure on the federal government to make significant releases to clear the foreign airlines’ trapped funds amidst their threat to exit...

News

The Central Bank of Nigeria (CBN) has sacked the boards of Union Bank, Polaris Bank and Keystone Bank. The apex bank in a statement...

News

The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 elections, Atiku Abubakar, has again raised alarm over attempts by the ruling...

Copyright ©