x

New Naira: FG reveals identity of those against deadline extension

The Federal Government, on Tuesday, slammed opposition political parties that went to court to restrain the President Muhammadu Buhari from stopping, extending or interfering with the naira swap deadline date.

It also accused the parties of politicising the situation, stressing that they were not mindful of the plight of Nigerians due to the cash crunch.

The new naira initiative is a policy of the Federal Government.

On Monday, 14 political parties threatened to boycott the February 25 election should the Central Bank of Nigeria extend the February 10 deadline for the currency swap which it had earlier announced.

Also, a High Court of the Federal Capital Territory restrained the President, the CBN, its Governor Godwin Emefiele and 27 commercial banks from suspending, stopping, extending or interfering with the currency swap terminal date.

The order was handed down on Monday by Justice E. Enenche following an application by four political parties.

Reacting to this, while speaking at the 23rd edition of the PMB Administration Scorecard Series (2015-2023), which featured the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development in Abuja, the Minister of Information and Culture, Lai Mohammed, said the action by the political parties was unscrupulous.

He said, “Recall that after his (Buhari’) meeting with the Progressives Governors’ Forum on Friday, President Buhari urged the citizens to give him a seven-day window to resolve the currency crunch that has emanated from the implementation of the naira redesign policy.

“Unfortunately, on Monday, some opposition political parties ran to court to obtain an injunction restraining Mr President and the CBN from extending the February 10 deadline for Nigerians to exchange their old notes for new ones.”

Mohammed said the court action came after a number of opposition parties threatened to boycott the 2023 general election if the deadline was extended.

He added, “These curious actions by the parties concerned are a clear evidence that the opposition has turned this whole issue into a political game, preferring to make Nigerians suffer more on the altar of an unconscionable political gamesmanship.

“Or how else can one explain the fact that these unscrupulous opposition parties do not want any action
that could reduce the pains being experienced by Nigerians?

“How else can one explain the fact that they have decided to legally hamstring Mr President, in particular, from providing any relief for Nigerians suffering from the cash crunch?”

He argued that it was bad politics when one puts the interest of desperate political parties over and above that of Nigerians.

He, however, stated that despite the antics of the opposition, the government was willing and able to take decisive steps to bring succour to Nigerians in the shortest possible time.

Mohammed said the Federal Government was mindful of the inconveniences currently being endured by the citizens as a result of fuel supply disruptions and the recent redesigning of some naira notes.

“Government is working assiduously to restore normalcy to these critical enablers of economic activity and to take added measures, where necessary, to alleviate the pains of Nigerians,” the minister stated.

Hot this week

FCT Schools, Primary Health Centres Remain Closed as Workers’ Strike Enters Ninth Day

Public primary schools and primary healthcare centres across the...

Adamawa Governorship: Stakeholders Endorse Senator Aminu Abbas

Senator Aminu Iya Abbas, a seasoned politician and chartered...

Coalition Moves to Avert the Fraudulent Takeover of Pinnacle Communications.

The Coalition of Civil Society Groups for Transparency and...

Industrial Court Orders FCT Workers to Suspend Strike Action

By Joyce Remi-BabayejuThe National Industrial Court of Nigeria (NIC),...

Airports, Drug Syndicates, and Nigeria’s Global Reputation

By Tahir WaliNigeria’s airports are more than transit points;...

2026 Grammy Awards: Davido, Burna Boy, Ayra Starr others lose out; check out full list

Nigerian artistes including Davido, Burna Boy, Wizkid and Ayra...

Plateau Government Confirms Free Access to Anti-Snake Venom in Designated Health Facilities

By Israel Adamu, JosThe Plateau State Government has assured...

Kaduna: 80 Worshippers Escape After Church Abduction as Scores Remain in Captivity

By Achadu Gabriel, KadunaAt least 80 Christian worshippers abducted...

KGIRS Conducts Promotion Examination for 340 Staff in Kogi

The Kogi State Government has reaffirmed its commitment to...

Abia Records Surge in School Enrolment as Education Sector Expands

By Okechukwu Keshi UkegbuThe Abia State education sector is...

Bayelsa NUJ Urges State Government to Immortalise Late Deputy Governor Ewhrudjakpo

The Nigeria Union of Journalists (NUJ), Bayelsa State Council,...

Sudden Death at Abuja Mosque Raises Cardiac Arrest Concerns

By Sam AgogoShock and grief gripped worshippers in Abuja...

Don’t Trade Dialogue for Division, Mahmoud Cautions FCT Youths

By Joyce Remi-BabayejuThe FCT Minister of State, Dr. Mariya...

Related Articles

Popular Categories

spot_imgspot_img