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General News of Friday, 3 March 2023


Naira policy: FFK fires Emefiele after S'Court's declaration that N1000, N500 notes remain legal tenders

The photo used to illustrate the story The photo used to illustrate the story

Femi Fani-Kayode, a chieftain of All Progressives Congress (APC) has called out Central Bank of Nigeria, Godwin Emefiele for misleading president Muhammadu Buhari over the new naira policy redesigning.

The former Minister of Aviation made the statement after the supreme court invalidate the new naira policy initiated by the federal government in its latest ruling.

According to the apex court, the policy was not done with due consultation and in line with constitutional provisions.

"Thank God for the Nigerian Supreme Court. The old notes are back and the policy of collecting peoples money and not giving them value for it has been declared illegal. Emefiele and all those behind this illegal policy and that misled our President have been put to shame. Glory!" he wrote in a tweet.