Naira Swap: Buhari Told To Respect Supreme Court Decision

Naira Swap: Buhari Told To Respect Supreme Court Decision

The ruling All Progressives Congress (APC) national vice chairman for North West has urged President Muhammadu Buhari to follow the Supreme Court ruling aimed at ending the polity’s cash crunch.

In a statement titled “Cashless Economy and Presidential Cabal,” Lukman stated that it was incumbent on President Buhari to follow the Supreme Court’s decision.

The Kaduna-born politician assured that the cash swap policy would not achieve APC opponents’ goal of mobilizing electorates to vote against the APC and its candidates, particularly Asiwaju Bola Ahmed Tinubu, at the polls.

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He noted: “In all of these, it needs to be clearly stated that throughout the tenure of President Muhammadu Buhari, nothing tests his credential as a converted democrat more than the need to demonstrate more listening ears and compassion at the plight of Nigerians.

“As a converted democrat, which I believe he is, President Muhammadu Buhari, needs to demonstrate that by respecting the Supreme Court judgement and direct the CBN to end the current madness that imposes Naira scarcity in the country and untold hardship for millions of Nigerians.”

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Lukman, a former director general of the Progressive Governors Forum (PGF), emphasized the importance of taking additional steps to strengthen the country’s banking system in order to meet the new demands caused by the naira swap policy.

This, he says, necessitates emergency measures to expand the banking system so that citizens can exchange old notes in places without bank branches or cash centers such as ATMs.

He argued that one of the lessons that the current reality imposes on both the APC as a party and Nigeria as a nation is the need to develop political parties and make them capable of regulating the conduct of elected functionaries.

He added: “This is not only the case with APC but also the case with all our parties. Why should we have a challenge with grave consequences on the electoral fortunes of political parties, yet none of the parties contesting the 2023 elections have convened an emergency meeting of their National Executive Committee (NEC)?

“Yet, we want elections to produce accountable leaders. Once party organs have seized to be decision-making platforms, the domineering control of government institutions by so-called cabals will remain strong.

“Moving Nigerian democracy forward requires all of us as Nigerians to be much more honest beyond some partisan permutations about winning elections. As members of APC, we are working hard to win the 2023 elections, but we also will work even harder to ensure that our next government to be led by Asiwaju Bola Ahmed Tinubu will come with more listening ears to Nigerians and fellow party leaders.

“God willing Asiwaju Tinubu’s APC government must be a remarkable improvement on President Buhari’s government whereby party leaders will through all our organs as provided in our constitution effectively and efficiently take all necessary decisions, which would be respected by Asiwaju Tinubu as President of the Federal Republic, God willing, and all elected representatives.”

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