Adamu: APC Backs Governors On Naira Redesign Policy

The National Chairman of the All Progressives Congress (APC), Abdullahi Adamu on Sunday, said the party is in support of the position of its governors on the naira redesign policy.

Adamu Says APC Is Backing Govs On Naira Redesign

Recall that APC governors had asked the Supreme Court to declare the directive of President Muhammadu Buhari, on the naira swap policy as unconstitutional.

Kanyi Daily reported that Buhari had on Thursday, directed the Central Bank of Nigeria (CBN) to recirculate only the old N200 notes.

The president’s directive was after the supreme court did not vacate the order that the old N200, N500, and N1000 notes are still legal tender.

This is a developing story. More details to come soon.