An Ijaw Leader and Elder Statesman, Pa Edwin Clark has alleged that the Former CBN Governor, Godwin Emefiele had intended to print the new naira notes abroad, but former President Muhammadu Buhari intervened, instructing the use of a local printer....CONTINUE READING THE FULL ARTICLE>>>
He claimed that the decision was influenced by the fact that the managing director of the local printing company was related to the in-law of Mr. President.
He explained how the former Minister of Finance Zainab Ahmed was ignorant about the naira re-design and how Emefiele reportedly went back to President Buhari for approval. He also pointed out that quite contrary to the Finance Minister’s stance on the naira redesign, Buhari intentionally did not heed her advice.
He said in an interview with Channels TV, ”When the Minister of Finance Zainab Ahmed was questioned. She said she knew nothing about the changes even though the financial control of the central bank is within her hands while the Central bank man is in the monetary aspect.
It was at that stage during the criticism that Emefiele went back to Mr. President and the President did not listen to his minister of Finance. So if anybody says Buhari was not consulted, it’s a lie.
Perhaps nobody knows about this, Emefiele was to print this new currency abroad. When he [Emefiele] took the new notes to Buhari, it was Buhari who said he should use a local printer.
Because his wife’s brother was the managing director of those who printed these money. So it was Buhari who did it. If he had taken it abroad, he could have printed enough money…CONTINUE READING>>
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