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General News of Tuesday, 21 February 2023


Naira Scarcity: Buhari must obey S'Court ruling; I’m suffering, my family can’t cook – Orji Kalu

Orji Uzor Kalu Orji Uzor Kalu

The Chief Whip of the Senate, Orji Uzor Kalu has revealed that the naira redesign policy by the Central Bank of Nigeria (CBN) is taking a toll on him.

Speaking in an interview on Channels Television, Orji Kalu noted that his family do not have enough money to cook.

“You can see the policy is right but I don’t keep money in my house. I am suffering,” he said.

“The other day, my house manager told my wife in Abuja that we have no money to cook food. My wife was virtually roaming around and we feed over 250 people every day. It is a problem to me and to everybody.”

The redesign policy by the CBN has been criticized by a section of Nigerians including governors of the All Progressives Congress (APC) who have been at loggerheads with President Muhammadu Buhari.

In their reaction, the governors filed a suit against the Federal Government at the Supreme Court. While the court restrained the CBN from effecting the deadline of the old naira notes, Buhari declared that N500 and N1000 notes were no longer legal tender.

He only asked the apex bank to make N200 notes circulate until the eve of the March 11 governorship election.

Reacting to this, Kalu asked the president to obey the Supreme Court’s order.

“This is why if I am in the position of the Mr President as I have told you before, I will listen to the Supreme Court judgement. The Supreme Court to me, whether they are right or wrong, Mr President should obey the law and ask his Attorney General to put a review to the Supreme Court.”

Kalu, who currently represents Abia North at the National Assembly, also spoke on the chances of Asiwaju Bola Tinubu, Presidential Candidate of the APC in the election.

He said Tinubu is well-liked by the North and is from the South-West and is going to get votes in the South East.

“My governor here, Okezie Ikepazu, will also support Tinubu. My senatorial district is going to give Tinubu the vote. The puncher to give the 34, 35 percent to be on the ballot,” he said.