Sunday, March 9, 2025

Obaseki Tells El-Rufai: Not All 36 Governor Are With You On Money Swap

The Edo State Government has distanced itself from the exposition and moves by the governor of Kaduna State, Governor Nasir El- Rufai, and some other State governors against the currency exchange policy of the Central Bank of Nigeria (CBN).

In a statement by the Special Adviser to the Edo State Governor on Media, Crusoe Osagie, the Edo State government said the Kaduna State governor doesn’t speak for Edo State, and prompted for “guided utterances and consequences in similar critical matters, especially in the heat of the political season.

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According to him, The Edo State Government distances itself from the comments and moves by the Governor of Kaduna State, Governor Nasir El- Rufai and some other governors against the currency exchange policy of the Central Bank of Nigeria (CBN).

We aren’t a party to the suit introduced by the Governments of Kaduna, Kogi and Zamfara States against the CBN’s policy and take impunity to the claim by the Kaduna State Governor that the move by the three governments is backed by Nigeria’s 36 State Governments.

The currency exchange policy, which is intricately linked to the cashless policy of the CBN, is aimed at promoting financial inclusion; preventing persuading of voters in elections; tackling corruption and money-laundering and checking rescue payments among other cash-hung financial violations.

He noted that the State government conceded the difficulties that have arisen from the Naira exchange policy and empathised with all Nigerians over the challenges faced with accessing the new notes as well as other difficulties in conducting financial transactions in the last many days, noting that, “While this situation is being managed by the concerned authorities and relief being sought by the authorised agencies, it’s disingenuous for a suit to be filed by three governments and either inferences are made to the effect that it’s the entire state governments in Nigeria that sued the Federal Government and that they all stand against the CBN’s policy.

The Kaduna State Governor doesn’t speak for us in Edo State and we prompt for guided utterances and inferences in similar critical matters, especially in the heat of the political season.

The Edo State Government reiterates its commitment to the good people of the State and assures that it’ll continue to work assiduously to protect lives and properties and give the conducive environment for all to thrive and live life to its fullness.

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