Cash policy: Court injunction handiwork of June 12 elements, says Ganduje

Kano state governor, Dr. Abdullahi Umar Ganduje has lamented that elements of the annulled June 12, 1992 presidential election are regrouping and dangerously masquerading in the prevailing crisis generated by the cash policy to scuttle the nation’s hard earned democracy.

He said the group’s latest attempt at that was camouflaging in unknown political parties through the use of legal instrument to further impose unfeasible cash policy that is taking its toll on the masses in the country.

Reacting to an interim injunction issued by a Federal High Court in Abuja, stopping the Central Bank of Nigeria (CBN) from extending the 10-day deadline set for the currency swap, the governor said the unknown political parties are also allegedly colluding with the main opposition party, the People’s Democratic Party (PDP) to execute the fiendish scheme.

In a statement signed Tuesday by the Kano state Commissioner for Information, Malam Muhammad Garba, the governor further observed that the open support for the policy by the main opposition party and its presidential candidate, Atiku Abubakar also lay bare the grand complicity between the opposition and Apex Bank to deliberately thwart the nation’s hard earned democracy by imposing harsh policies calculated to weaken the masses.

He said: “It was unfortunate that the CBN and it’s collaborators are insisting unnecessarily on the imposition of an unreasonable time frame for the old naira notes to cease to be legal tender, in total refutation of the obvious national dearth in the necessary technological infrastructure for the process.

“Ganduje further stated that the rigid insistence on the implementation of these harsh, inhuman and insensitive cash policies to a point of neglecting their widespread rejection by the vast majority of Nigerians including the National Assembly and all state governors, is an ominous agenda for the undermining of the nation and consequent scurrying of a smooth transition to a freely and fairly elected successive administration.”