Naira redesign: “President Buhari did not breach Supreme Court order” – AGF Abubakar Malami

Abubakar Malami, the Attorney-General of the Federation (AGF) and Minister of Justice, claims that President Buhari has not violated the Supreme Court’s ruling in the case brought by several state governors against the Naira redesign and Naira swap policies.

Naira redesign: President Buhari did not breach Supreme Court order ? AGF Abubakar Malami

Malami made this claim while participating in the Ministerial Media Briefing at the Presidential Villa in Abuja, which was hosted by the Presidential Communications Team. He claimed that there are numerous possibilities accessible in terms of the rule of law. Few people, he claimed, are advocating on behalf of those who might have amassed wealth unlawfully or looted public funds, and they want to use that influence to sway voters in the upcoming elections.

Recall that some governors including Nasir el-Rufai of Kaduna State and Abdullahi Ganduje of Kano state had openly blasted President Buhari for the Naira swap policy, asking residents not to comply with the expiration of the legality of the old N500 and N1000.  The two governors are among the governors that had gone to the Supreme Court to stop the February 10 deadline given by the Central Bank of Nigeria, CBN, concerning old N500 and N1000 naira notes ceasing to as legal tenders

Fielding question on the position in some quarters that the utterances of the governors were tantamount to treason, the AGF affirmed that investigation cannot be ruled out, adding that the relevant security agencies will determine if there will be the need for further action or not.

Malami stressed the importance of the redesign policy, which he said will enable citizens to assume collective ownership of the electoral system rather than allowing a few moneybags to take charge. He also said the policy was designed to allow freedom of choice and also fight corruption.

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