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Home News Naira Swap: Edo Governor Tells El Rufai: ” We Are Not With...

Naira Swap: Edo Governor Tells El Rufai: ” We Are Not With You”

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…..”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”.

 

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

In a statement by Special Adviser to the Edo State Governor on Media Projects, Crusoe Osagie, the state government 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”.

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“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),” he said.

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“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.”

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