Wednesday, June 18, 2025
  • Login
Summit Post
ADVERTISEMENT
  • Home
  • News
  • Politics
  • Sports
  • Africa
  • Opinion/Column
  • Business & Economy
  • Editorials
  • Business
  • Security & Crime
  • Religion
No Result
View All Result
  • Home
  • News
  • Politics
  • Sports
  • Africa
  • Opinion/Column
  • Business & Economy
  • Editorials
  • Business
  • Security & Crime
  • Religion
No Result
View All Result
Summit Post
No Result
View All Result
Home News

Naira Crisis: Buhari Response To Supreme Court Judgment Deceptive, Insincere – CNG

News Editor by News Editor
March 17, 2023
in News
0 0
0
CNG, Naira, Supreme Court, Summit Post

The Coalition of Northern Groups (CNG), has said that the lame response by President Muhammadu Buhari to the Supreme Court of Nigeria order on Naira swap was only meant to deceive the nation.

The group call on international community to note that responsibility should ultimately lie in Buhari and Emefiele in the event of any rapture in the system as a result of their deceptive, insincere handling of the issue of these murderous economic policies.

CNG, spokesperson, Abdul-Azeez Suleiman, disclosed this in a statement made available to SUMMITPOST, said it is curious that days after the said directive by the President, the naira scarcity is showing no sign of abetting.

ADVERTISEMENT

Suleiman said: “Instead, the situation is worsening by the day, as both the old and new notes are deliberately withheld by government. And while innocent families going hungry, businesses crumbling and tension mounting while Buhari and his lackey, the Central Bank Governor, Godwin Emefiele appear to be in isolation or living in total denial.

“By now everyone is aware that Buhari only deceived the nation by faking a directive to the CBN to respect the judgment of the Supreme Court knowing fully well he did not mean it to be carried out. Emefiele, Buhari’s errand too, pretended he was obeying the directive only to further press the cash squeeze upon citizens.”

The CNG wondered why neither Buhari nor Emefiele has found it helpful to address the nation on the new directive the way they did when they were imposing the inhuman, draconian policy on the nation.

Added, “Instead both Buhari and Emefiele, only made clumsy, scanty ambiguous statements through their spokespersons as though the matter is nor serious enough.

“At this point, it has become obvious that Buhari is using Emefiele Buhari in a sinister scheme to revisit on the nation, his harsh, ill-conceived, autocratic 1984 currency review that created untold mass suffering and widespread frustration and the death of several Nigerians.

“The insincerity in Buhari’s pronouncements is further confirmed by the fact that since they were made investigation by the CNG across Northern Nigerian states have shown that since the decetive directive was given, the Deposit Money Banks have not been reimbursed with neither the old nor the new notes.

“This explains why the banks resort to issuing less than five thousand naira to customers with legitimate need for their own money as against the Supreme Court order that no president or any officer in government has the right to deny citizens access to their own money.

“Sadly, Buhari has in the last lap of his tenure has chosen the path of dishonor, dictatorship, aristocracy and is bound to leave behind a very bad legacy to the nation.

“In process, Buhari and Emefiele have not only scandalized the vital national institutions such as the CBN, but also ridiculed the country’s judicial system which we hold unacceptable, unwarranted and ignoble.

“We call on the National Assembly to move quickly to rescue the CBN, the image of the Courts and the nation generally from imminent decay and slip into decadence by checkmating the dictatorial tendencies unfolding in the nation.CNG, Naira, Supreme Court, Summit Post

“We also call on the patriotic state governors who initiated the legal process and the ungodly regime of monetary policies, to intensify efforts to save the nation, its financial institutions and judiciary. In this regard, we suggest they meet with the President-elect and fashion out a way out in order to halt the current national drift toward greater conflict.”

The coalition also urge Nigerians to remain vigilant as to the direction our country is headed and to rise and speak up against these unwarranted, unforgiveable injustices.

Tags: CNGNairaSummit PostSupreme Court
News Editor

News Editor

SUMMIT POST (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp: +234-803-209-6072; Call: +234-705-252-6124 Email: summitpostnigeria@gmail.com

About us

  • Home
    • Blog
  • Privacy Policy
  • About us
  • Checkout
  • Contact us
  • Cookie Policy (EU)
  • Login/Register
  • My account
  • Home
  • About us
    • Privacy Policy
  • Contact us
  • News
  • Politics
    • Education News
  • Business
  • Africa
    • International
  • Security & Crime
  • Religion
  • Sports
  • Lifestyle
  • Opinion/Column
  • Energy Reports
  • Entertainment
  • Diplomatic News
  • Afro News
  • World
  • Food
  • FCT Watch
  • Health
  • Mobile
  • Fashion
  • Travel
  • Legal Matters
  • Gadget
  • Health & Fitness
  • Aviation Reports
  • World
  • Afro News
  • GUEST COLUMNIST
  • Diplomatic News
  • Energy Reports
  • Lifestyle
  • Opinion/Column
  • Religion
  • International
  • Security & Crime
  • Cookie Policy (EU)
  • Contact us
  • About us
  • Home
  • Privacy Policy
  • About us
  • Checkout
  • Contact us
  • Cookie Policy (EU)
  • Login/Register
  • My account
  • Home
  • About us
  • Contact us
  • News
  • Politics
  • Business
  • Africa
  • Security & Crime
  • Religion
  • Sports
  • Lifestyle
  • Opinion/Column
  • Energy Reports
  • Entertainment
  • Diplomatic News
  • Afro News
  • World
  • Food
  • FCT Watch
  • Health
  • Mobile
  • Fashion
  • Travel
  • Legal Matters
  • Gadget
  • Health & Fitness
  • Aviation Reports
  • World
  • Afro News
  • GUEST COLUMNIST
  • Diplomatic News
  • Energy Reports
  • Lifestyle
  • Opinion/Column
  • Religion
  • International
  • Security & Crime
  • Cookie Policy (EU)
  • Contact us
  • About us

© 2022 Summitpost - Summit Post News - more than just news

No Result
View All Result
  • Home
  • News
  • Politics
  • Sports
  • Africa
  • Opinion/Column
  • Business & Economy
  • Editorials
  • Business
  • Security & Crime
  • Religion

© 2022 Summitpost - Summit Post News - more than just news

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In