A Governor In Northwest Has 22 Billion Old Naira Notes Stacked In His House – Buba Galadima Spills

A chieftain of the New Nigeria People’s Party (NNPP), Buba Galadima has alleged that a serving governor in the Northwest stashed N22 billion old naira notes in his home.

The former National Secretary of the defunct Congress for Progressive Change, CPC, made this known during an interview on Trust TV’s Daily Politics.

Galadima while answering a question on the controversial Naira redesign policy of the Central Bank of Nigeria, CBN stated that the Naira redesign deadline should be done within six months.

The statesman further explained that the government approved the policy because many individuals had amassed the currency in their houses.

“I agree. I know, from intelligence, that there is a governor in the Northwestern part that has about N22 billion of the old currency.

“Yes, N22 billion stacked in his house as I speak to you. He knows himself. And the security agencies know,” he stressed.

Galadima said the agencies might be looking the other way because “maybe they belong to the same club or they are protecting him”.

The politician added that the trap is for the governor to go change the cash “accumulated through corruption”.

A fortnight ago, CBN Governor Godwin Emefiele said the old N200, N500 and N1000 denominations were recalled because N2.7 trillion was kept in people’s homes before the Buhari administration came on board.