Old Naira Notes: CBN compliance to Supreme Court order victory for poor masses – Matawalle

Governor Bello Mohammed Matawalle of Zamfara State has described the recent Supreme Court verdict on old currency notes and subsequent compliance by the Central Bank of Nigeria, CBN, as a victory for all Nigerians.


The Governor said that the Court judgement, which culminated in the reversal of the earlier Central Bank of Nigeria, CBN, rash implementation of the cashless policy, is for the good of the country’s micro economy and for the wellbeing of the common man.


This was contained in a press statement issued to newsmen in Gusau, the State capital by the Special Adviser to the Governor, Comrade Zailani Bappa.


“Those who accused us of going to Court for the sake of the presidential and National Assembly elections, even as Nigerians groan under the policy implementation, are now proven wrong as we did not relent until we succeeded in achieving our demand to its logical conclusion.


“All Nigerians can now heave a sigh of relief on this matter, and we expect more cash to be in circulation to ease our pains, while those who were unable to replace their old naira notes with the scarce new notes will no longer lose their hard earned money,” he said.


He commended President Muhammadu Buhari for distancing his administration from any attempt to disrespect the verdict of the Supreme Court on the issue. 

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