The Kaduna State Governor, Nasir El-Rufai, on Wednesday, faulted the timing of the naira redesign, saying the move makes no “political or economic sense”.
He said though the policy was the right way to go in achieving the desired change the country yearns for, the timing and deadline set for it negated its purpose.
El-Rufai stated this while featuring on Channels TV’s Sunrise Daily on Wednesday morning.
While exonerating the President, Major General Muhammadu Buhari (retd), from the mess, El-Rufai said some unnamed people were exploiting the President’s desire to enthrone a working Nigeria to frustrate his efforts.
The governor also explained that Buhari had during his first stint as Nigeria’s Head of State redesigned the naira without hitches.
“… they are hiding behind the President’s desire to do what he thinks is right. I will give two examples: this petroleum subsidy, which is costing the country trillions of naira, was something that we all agreed would be removed.