Members of the Progressives Governors’ Forum have called on President Muhammadu Buhari to instruct the Central Bank of Nigeria to allow the old and new naira notes to co-exist.
Governor of Kaduna State, Nasir El-Rufai, disclosed the position of the APC governors to journalists in Hausa, shortly after they met the President at the State House, Abuja.
El-Rufai said it had become necessary as the CBN had mopped up over N2tn of the old notes while it only printed N300bn of the new ones.
He said the new notes in circulation were not sufficient for Nigerians.
The Kaduna helmsman said that the apex bank should have printed at least half the currency notes being mopped before implementing its cashless policy He said the current development had led to the suffering of Nigerians were suffering as traders of perishable goods daily lose their wares from low patronage.
