Naira Scarcity: You Don’t Speak For Edo Govt – Obaseki Fires El-Rufai

Governor Godwin Obaseki of Edo State has rejected comments and moves by the Governor of Kaduna State, Mallam Nasir El-Rufai and some other governors against the currency swap policy of the Central Bank of Nigeria (CBN).

Naija News recalls that the governments of Kaduna State, Kogi State and Zamfara State had dragged the Muhammadu Buhari-led Federal Government to the Supreme Court, where they got a temporary injunction stopping the deadline imposed by the CBN on currency swap.

Reacting in a statement by his Special Adviser to the Edo State Governor on Media Projects, Crusoe Osagie, Obaseki said the Kaduna State Governor does not speak for Edo State and urged for “guided utterances and inferences in such critical matters, especially in the heat of the political season.”

According to him “The Edo State Government distances itself from the comments and moves by the Governor of Kaduna State, Mallam Nasir El-Rufai and some other governors against the currency swap policy of the Central Bank of Nigeria (CBN).

“We are not a party to the suit instituted by the Governments of Kaduna, Kogi and Zamfara States against the CBN’s policy and take exemption to the claim by the Kaduna State Governor that the move by the three governments is backed by Nigeria’s 36 State Governments.

“The currency swap policy, which is intricately linked to the cashless policy of the CBN, is aimed at promoting financial inclusion; preventing inducement of voters in elections; tackling corruption and money-laundering and checking ransom payments among other cash-based financial infractions.”

Cash Swap Crisis

The Edo State Governor noted that the state government acknowledges the difficulties that have arisen from the cash swap policy and empathises with all Nigerians over the challenges faced with accessing the new notes as well as other difficulties in conducting financial transactions in the last few days.

He noted, “While this situation is being managed by the concerned authorities and relief being sought by the authorised agencies, it is disingenuous for a suit to be filed by three governments and then inferences are made to the effect that it is the entire state governments in Nigeria that sued the Federal Government and that they all stand against the CBN’s policy.

“The Kaduna State Governor does not speak for us in Edo State and we urge for guided utterances and inferences in such critical matters, especially in the heat of the political season.

“The Edo State Government reiterates its commitment to the good people of the State and assures that it will continue to work assiduously to protect lives and properties and provide the conducive environment for all to thrive and live life to its fullness.”