Gov. Bello Matawalle of Zamfara said the Central Bank of Nigeria (CBN)’s compliance with the Supreme Court Order on old currency notes was a victory for Nigerians.
Matawalle stated this in a statement issued by Malam Zailani Bappa, hisSpecial Adviser, Public Enlightenment, Media and Communications in Gusau on Monday.
According to Bappa, the Governor believes that the court procedure which culminated into the reversal of the earlier CBN’s rash implementation of the cashless policy is for the good of the Country’s micro-economy and for the wellbeing of the common man.
He quoted Matawalle as saying: “Those who accused us of going to court for the sake of the Presidential elections, even as Nigerians groaned under the policy implementation, are now proven wrong as we did not relent until we succeeded in achieving our demand to its logical conclusion.
“This is way after we have won the said Presidential election.
“All Nigerians can now sigh a 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.”
According to Bappa, the Zamfara governor who is seeking re-election in the rescheduled March 18 Governorship and State Assembly poll, commended President Muhammadu Buhari for distancing his administration from any attempt to disrespect the verdict of the Supreme Court on the issue.
He said the governor was expecting all Deposit Money Banks (DMBs) to fully comply with the CBN’s directives.
The governor, Bappa noted, admonished the public to fully recognise the value of the old Naira notes once again until Dec. 31.
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