A former presidential aspirant of the African Democratic
Congress, Kingsley Moghalu, has criticized the statement by the Minister of
Finance, Budget and National Planning, Zainab Ahmed, that she wasn’t aware of
the Naira redesign by the Central Bank of Nigeria.
Recall that the the finance minister had distanced herself
from the planned Naira redesign, which was announced by the CBN governor, Mr
Godwin Emefiele, a few days back.
She had disowned the policy, saying that it didn’t receive
the blessing of her ministry, and warned of the dire consequences.
However, in a series of tweets on Saturday morning, Moghalu
said that she shouldn’t mislead anyone into thinking the CBN owes her that kind
of information.
Part of his tweets read: “Finance Minister Zainab Ahmed’s
comment to @nassnigeria that she was not aware of the Naira redesign by
@cenbank should not mislead anyone into thinking the CBN owes her that kind of
information. The Bank only needs the approval of President @MBuhari for this
particular exercise.
“It received that approval. There are only three issues on
which, in the CBN Act of 2007, the Bank should obtain external authorization,
and only from the President of Nigeria, for its operations: 1. Any alterations
to the legal tender (the Naira); 2. any investment of the Bank’s funds outside
Nigeria; 3. the Bank’s annual report.”
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com