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BUSTED: Bank Gave A Gov. N500m New Notes - El-Rufai Reveals | READ DETAILS

Faith Ukanwa

Feb 04, 2023

BUSTED: Bank Gave A Gov. N500m New Notes - El-Rufai Reveals | READ DETAILS
Amid scarcity of the naira notes; both old and redesigned, the governor of Kaduna state, Nasir El-Rufai, has alleged that a bank gave a fellow governor like him, 500 Million new notes.

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El-Rufai, while speaking in an exclusive interview with BBC, insisted that the Central Bank of Nigeria (CBN), needs to extend the deadline for the currency swap.

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In his words;

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"Yesterday, I was told that one of our governors got N500m in new notes from the bank. It was the bank that gave him.

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"What of the average man on the street selling tomatoes and trying to survive? That is why I have said that the 10-day extension is not enough. We want months of extension.

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"There is nowhere in the world that currency exchange doesn't happen but they don't give limited time such as this one for currency swap and definitely not close to elections."

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— Faith Ukanwa

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