Governor Nasiru El-Rufai of Kaduna State has told the citizens of the state that until the Supreme Court says otherwise, the old Naira notes remain legal tender, going against President Buhari’s directive.
Recall that Buhari addressed the nation yesterday morning, where he declared the old N500 & N1000 notes unofficial, whilst saying the old N200 notes are still allowed to be in circulation until April 10.
However, in a statewide broadcast yesterday night, February 16, 2023, El-Rufai appealed to Kaduna residents to continue to use the old naira notes alongside the new notes without any fear, which comes as defiance to President Muhammadu Buhari’s announcement.
El-Rufai’s words: “For the avoidance of doubt, all the old and new notes shall remain in use as legal tender in Kaduna State until the Supreme Court of Nigeria decides otherwise.
“I therefore appeal to all residents of Kaduna State to continue to use the old and new notes side by side without any fear. The Kaduna State Government and its agencies shall seal any facility that refuses to accept the old notes as legal tender and prosecute the owners.
“If need be, we shall take further consequential actions according to the law. The address by the President earlier this morning limiting the legal tender status of old notes to only N200 amounts to total disregard and disobedience of the ruling of February 8th which was extended further yesterday by the Supreme Court.
“The misguided action of the Attorney-General to mislead the President into engaging in this public violation of the order of the highest court of the land shows how desperate the policy architects are to cause national chaos, by showing open contempt for the judiciary.
“The decision to recognise only N200 as legal tender till April that the President announced this morning was offered to the state governments as part of proposals for an out-of-court settlement three days ago.
“The Federal Government asserted that this was offered because all the ‘old’ N1,000 and N500 notes had been destroyed. We rejected the offer and proved to the officials that not a single higher denomination note had been destroyed.
“We also believe that circulating N200 only to be inadequate in alleviating the suffering that we see every day. We insisted that all the components of the Supreme Court order should be complied with.”
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