Naira

Redesign of Naira: IGP explains why governors who oppose Buhari cannot be prosecuted

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Governors cannot be prosecuted for allegedly inciting remarks made about the Central Bank of Nigeria (CBN)’s naira redesign policy, according to Usman Baba, the IGP. After the national security council meeting that President Muhammadu Buhari presided over on Wednesday, Baba spoke with journalists. Kaduna governor Nasir el-Rufai and Ogun governor Dapo Abiodun have both publicly … Read more

13 Political Parties Threaten To Withdraw From 2023 Elections Due To Naira Redesign

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“Thirteen” of Nigeria’s 18 political parties have threatened to withdraw from the general elections on February 25 and March 11 due to the CBN’s naira redesign policy. The “13 parties” praised President Muhammadu Buhari’s redesign of the N200, N500, and N1,000 banknotes at a briefing held on Monday by a coalition of political party chairmen. … Read more