Naira: ‘Hypocritical for FG to propose out-of-court settlement with states’ - Wike

POLITICS NIGERIA reports that the governor made this assertion during a media chat in Port Harcourt, the Rivers State capital on Thursday.

Governor Wike insisted that the interim order issued by the Supreme Court is still subsisting and must be respected by the federal government to the letter.“The issue of N200 naira in circulation is neither here nor there. If they had pulled out of court then the president could come in. Having not pulled out of court and the interim order still subsists, we should obey it to the letter.”

He maintained that the FG’s claim that the naira redesign policy will curb corruption and vote buying is not tenable. According to him, the timing of the naira swap policy smacks of politics. “So, we must consider issue of timing. Some people may say it is good to help fight corruption. I don’t believe so.Governor Wike said he cannot fathom how a policy that the FG claim is intended to help the Nigerian economy, has now turned out to be its impediment.

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wike attacks Emefiele over Naira crisisRivers State governor, Nyesom Wike, has taken a swipe at the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, for his disregard for the Supreme Court’s order. PoliticsNGR Suddenly Wike has found his voice
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »