Naira Redesign: Traders Support Governor Matawalle's Order

The Amalgamated Union of Northern Traders say they are solidly in support of the directive given by Governor Bello Matawalle of Zamfara State for security men to arrest anybody who rejects the old naira notes during transaction.

Governor Mtawalle is among the governors who dragged the Federal Government to the Supreme Court seeking a restraining order to stop the Naira redesign policy of the Central Bank of Nigeria (CBN).

The upreme Court on Wednesday halted the CBN from implementing the February 10 deadline for the validity of old notes as legal tender.

Speaking to newsmen on behalf of traders on Saturday, the union’s youth leader, Alhaji Sanusi Daudu-Nufawa, lauded the directive for security operatives in Zamfara state to closely monitor all the trading activities around markets in order to reduce the suffering of masses is a welcome move.

Daudu-Nufawa noted that informal economic sector can only be revived if leaders take drastic decision to effectively make people do transactions with both old and new notes.

He said the effort would further reduce and relieve the pains that ordinary Nigerians are experiencing in the face of scarcity of both the old and new naira notes.

He expressed optimism that the circulation of old notes and the gradual withdrawal of old with replacement with new notes would ease peoples’ sufferings. 

H stated that he is convinced that those against Governor Matawalle’s action and victory at the Supreme Court were either misguided or blinded by political chauvinism.

Daudu-Nufawa further commended Mutawalle for standing on peoples interest to ease their sufferings not for political gains.

He commended the National Council of State in their resolution to the government on producing more naira notes and consider peoples plights. 

NAN