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Naira redesign: S’Court ruling saved Nigeria’s democracy from collapse ― Fani-Kayode

The Director, New Media sub-committee of the All Progressives Congress (APC) Presidential Campaign Council, Femi Fani-Kayode, has applauded the ruling of the Supreme Court which extended the use of the old naira notes beyond the February 10, 2023, deadline set by the Central Bank of Nigeria (CBN).

Fani-Kayode, a former Minister of Aviation, said the ruling of the Supreme Court saved Nigeria from the “greatest evil and the darkest conspiracy” against the country’s democracy by some people he described as “evil technocrats and saboteurs”.

He said this via a statement issued on Monday.

The Star recalls that the Supreme Court, last Wednesday, temporarily stopped the Federal Government from banning the use of the old naira notes from February 10, 2023.

A seven-member panel led by Justice John Okoro, halted the move in a ruling in an ex-parte application brought by Kaduna, Kogi, and Zamfara states.

Speaking on the development, Fani-Kayode said the ruling of the apex bank court eased the suffering of Nigerians over the naira redesign policy.

READ ALSO: DSS invites Fani-Kayode over alleged Atiku’s meeting with Generals

The former minister, who hailed the governors of the three northern states for filing the suit against the Federal Government, said the CBN’s policy was an attempt to destroy the country and scuttle its democracy.

He said: The Nigerian Supreme Court has restrained the FG and CBN and suspended the deadline of 10th February for the use of old naira notes.

“Nigerians can now continue to use the old naira notes together with the new until the legality of the policy is finally determined by the Supreme Court.

“For this we thank firstly the Nigerian Supreme Court who have not only displayed remarkable insight and sensitivity in this matter and courageously risen to the occasion but who have also proved that the courts really are the last hope of the common man when faced with the tyranny of abusive and cruel government policies and insane officials.

“Secondly we must thank my three dearest friends and brothers, men of courage and conviction all, who took the FG to court on this issue.

“They are, Governor Yahaya Bello of Kogi state, Governor Bello Matawalle of Zamfara state and Governor Nasir El Rufai of Kaduna state.

“History and posterity will reward all three of you for saving us from the most complex and greatest evil and the darkest conspiracy that has ever been hatched against democracy and foisted on our people by a tiny group of evil technocrats and saboteurs working for a greater power.

“At least now we have a chance to change the narrative and take away the immense suffering that has been imposed on our people over the last few days.

“At least for now there is a distinct possibility that this catastrophic scorched earth policy which seeks to inflict pain on our people, destroy our future as a nation and scuttle democracy in our country may be declared totally illegal by the Supreme Court and cancelled,” Fani-Kayode stated.

The Star

Segun Ojo

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