Naira: How CBN, Emefiele ‘deceived’ Buhari – El Rufai opens up

The Governor of Kaduna State, Nasir El-Rufai, has said that the Central Bank of Nigeria (CBN) deceived President Muhammadu Buhari into believing that the Naira redesign policy is to ensure free and fair elections in 2023.

POLITICS NIGERIA reports that El Rufai who said this during a state-wide broadcast on Thursday night, also insisted that the Naira redesign is a plot to scuttle the forthcoming elections and install an interim government.

Describing the initiative as “mindless”, El-Rufai said it has caused untold hardship for the ordinary people, who he said are victims of the policy. He also criticised the CBN governor, Godwin Emefiele.

“In official briefings to the President, the Central Bank of Nigeria constantly alluded to the fact that the policy also targets politicians who have accumulated a huge war chest for vote-buying during the elections.

“It is now clear that the President has been deceived by the Central Bank of Nigeria and some elements in his government into buying into this overarching narrative, in the name of ensuring free and fair elections in 2023,” El Rufai said