Naira crisis: Obi’s running mate knocks Buhari, says El-Rufai committing treason
The vice-presidential candidate of the Labour Party (LP), Senator Yusuf Datti Baba-Ahmed, has said that Kaduna State Governor, Mallam Nasir El-Rufai is close to committing treason over his comment on the validity of old naira notes is valid, contradicting President Muhammadu Buhari. He said this on Friday in Abuja at a press conference, noting that […]
The vice-presidential candidate of the Labour Party (LP), Senator Yusuf Datti Baba-Ahmed, has said that Kaduna State Governor, Mallam Nasir El-Rufai is close to committing treason over his comment on the validity of old naira notes is valid, contradicting President Muhammadu Buhari.
He said this on Friday in Abuja at a press conference, noting that the states at the forefront of the fight against the naira redesign policy were those that contributed the highest number of votes to Buhari’s victory in the 2019 elections.
Daily Trust reports that President Buhari in a televised national address on Thursday said he has directed the Central Bank of Nigeria (CBN) to extend the validity of only the old N200 notes till April 10.
The president also said all existing old N1,000 and N500 notes are no longer legal tender, but will remain redeemable at the CBN and designated points for 60 days.
In a swift reaction, Governor Nasir el-Rufai in a broadcast on Thursday said the old N500 and N1000 notes remained valid in Kaduna state pending the Supreme Court’s decision.
However, Senator Baba-Ahmed said, “Why would you as the commander-in-chief give an executive order and it is clearly constitutional and a state governor would say you should continue exchanging those currencies?
“This is to say there are two authorities. Why President Buhari is silent about this is best known to him. Immunity does not mean that the offence has not been committed.
“These are the states (kicking against the naira swap policy) that contributed about the largest votes for Buhari, Kano, Kaduna, but these are states in the forefront of fighting Buhari’s government because of currency.
“These are state governments who have not fought over failure to secure Nigerians. Their states have become so insecure. They didn’t challenge Buhari when the naira fell from N200 to N750.
“It is with this drama in the election that they are challenging him to the extent of giving counter orders… You know, treason. It is close to treason, lawyers will tell you that better.”
Senator Baba-Ahmed also said that the federal government’s non-compliance with the order of the Supreme Court to allow the continuation of the old naira notes is a classic, poor, quality leadership.
He said, “It was very strange that the Attorney-General of the Federation allowed Mr. President to proceed with yesterday’s national broadcast.
“It was unfortunate. The least I know is that when a competent court of jurisdiction, for that matter, the Supreme Court is addressing an issue, all parties stay action.
“However, I have submitted in the second paragraph that we are more than bewildered by the poor quality of leadership in Nigeria. That is the only way I can explain this phenomenon.
“The Supreme Court has adjourned ruling and a commander-in-chief goes and takes another action. This is classic, poor, quality leadership.”