What El-Rufai Said About Emefiele After the Supreme Court’s Decision on the New Naira Policy

Nasir El-Rufai, the governor of Kaduna State, said on Friday that Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), devised the contentious Naira redesign strategy with the Peoples Democratic Party (PDP) in order to aid the PDP in winning the 2023 presidential elections.

El-Rufai further stated that Emefiele misled President Muhammadu Buhari in order to get his assent for the strategy.

The governor of Kaduna made this comment in response to the Supreme Court’s ruling on Friday, which invalidated the federal government’s naira redesign program.

The governor of Kaduna State claimed that Emefiele misled the president and provided him with false information, leading Buhari to believe that it would be able to withdraw billions of naira in circulation and print it all over again in a matter of three months.

He also said the people behind the naira redesign policy were those who wanted the APC presidential ticket but failed in their ambition.

”First, let me say this was the policy of the PDP. Emefiele was appointed the CBN governor by the PDP, originally. So let us not forget where he came from.

They are the ones that cooked this policy together to help the PDP win the 2023 general election, and he deceived the president into thinking that it is possible to withdraw trillions of naira in circulation and reprint everything in three months. No country in the history of the world has done it.

”He deceived the president and gave the president wrong information and the Attorney General, unfortunately, supported this policy and we know why. Go and look at their antecedents, these are people who wanted to run for president in our party but they did not make it. This is their revenge plan,” El- Rufai said.