• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Tuesday, July 8, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home News

Not All 36 States Govts Are With You on Move Against Currency Swap – Edo Govt to El-Rufai

Elanza by Elanza
February 9, 2023
in News
0
0
SHARES
0
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Edo State Government has distanced itself from the comments and moves by the Governor of Kaduna State, Mallam Nasir El-Rufai and some other governors against the currency swap policy of the Central Bank of Nigeria (CBN).

In a statement by Special Adviser to the Edo State Governor on Media Projects, Crusoe Osagie, the state government said the Kaduna State Governor does not speak for Edo State and urged for “guided utterances and inferences in such critical matters, especially in the heat of the political season.”

RelatedPosts

Abia Govt Vows to Crush Cult Groups, Says Killings Unacceptable

CBN Sets 10-Day Deadline for Banks to Submit Capital Recovery Plans

Tantita Coordinators , Urhobo Ethnic Nationalities , Urhobo Stakeholders Distances from UPU’s Position

According to him “The Edo State Government distances itself from the comments and moves by the Governor of Kaduna State, Mallam Nasir El-Rufai and some other governors against the currency swap policy of the Central Bank of Nigeria (CBN).

“We are not a party to the suit instituted by the Governments of Kaduna, Kogi and Zamfara States against the CBN’s policy and take exemption to the claim by the Kaduna State Governor that the move by the three governments is backed by Nigeria’s 36 State Governments.

“The currency swap policy, which is intricately linked to the cashless policy of the CBN, is aimed at promoting financial inclusion; preventing inducement of voters in elections; tackling corruption and money-laundering and checking ransom payments among other cash-based financial infractions.”

He noted that the state government acknowledges the difficulties that have arisen from the cash swap policy and empathises with all Nigerians over the challenges faced with accessing the new notes as well as other difficulties in conducting financial transactions in the last few days, noting, “While this situation is being managed by the concerned authorities and relief being sought by the authorised agencies, it is disingenuous for a suit to be filed by three governments and then inferences are made to the effect that it is the entire state governments in Nigeria that sued the Federal Government and that they all stand against the CBN’s policy.

ALSO READ:  Plateau Killings: Senate Summons Service Chiefs

“The Kaduna State Governor does not speak for us in Edo State and we urge for guided utterances and inferences in such critical matters, especially in the heat of the political season.

“The Edo State Government reiterates its commitment to the good people of the State and assures that it will continue to work assiduously to protect lives and properties and provide the conducive environment for all to thrive and live life to its fullness.”

Elanza

Elanza

Related Posts

Abia Govt Vows to Crush Cult Groups, Says Killings Unacceptable

Abia Govt Vows to Crush Cult Groups, Says Killings Unacceptable

by Nathaniel Irobi
July 8, 2025
0

The Abia government has expressed concern over the growing incidences of cult-related disturbances in the state, describing the trend as...

CBN offers $876m to fx markets, pledges more liquidity support

CBN Sets 10-Day Deadline for Banks to Submit Capital Recovery Plans

by Nathaniel Irobi
July 8, 2025
0

In a move aimed at stabilising the financial sector and phasing out pandemic-related reliefs, the Central Bank of Nigeria (CBN)...

Tantita Coordinators , Urhobo Ethnic Nationalities , Urhobo Stakeholders Distances from UPU’s Position

Tantita Coordinators , Urhobo Ethnic Nationalities , Urhobo Stakeholders Distances from UPU’s Position

by Nathaniel Irobi
July 8, 2025
0

By Our Reporter PRESS STATEMENT BY TANTITA COORDINATORS OF URHOBO ETHNIC NATIONALITY ON THE ADVERTORIAL SIGNED BY UPU PRESIDENT GENERAL...

Recommended

Court bars Nnamdi Kanu’s sister-in-law from 3 proceedings for live-streaming

IPOB Leaders Warn Against Violence, Criminality in South East

5 days ago
Ogun Partners NAPTIP, Others to Combat Human Trafficking in Schools

Ogun Partners NAPTIP, Others to Combat Human Trafficking in Schools

4 days ago

Popular News

  • CDS’s Wife, Shehu Sani, Katung, Other’s To Storm Pastor Mutum’s Ordination, Book Launch

    CDS’s Wife, Shehu Sani, Katung, Other’s To Storm Pastor Mutum’s Ordination, Book Launch

    0 shares
    Share 0 Tweet 0
  • Bwari Council Chairmanship Aspirant, Dara, Dumps Labour Party Over Suspected Foul Play In Primaries

    0 shares
    Share 0 Tweet 0
  • Innoson, Ibeto, Apostle Alozie To Honour Archbishop Emma David At Golden Jubilee Celebration

    0 shares
    Share 0 Tweet 0
  • Kaduna Govt Unveils 345 Supervisory Councillors, Special Advisers Across 23 LGAs

    0 shares
    Share 0 Tweet 0
  • Bannon Tried to Use Iran Strike to Split the GOP Says Former Counselor to Jared Kushner, Eliyahu Okkon, Esq.

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (737)
  • Education (215)
  • Entertainment (310)
  • Health (193)
  • National (2,163)
  • News (8,112)
  • Opinion (296)
  • Politics (1,617)
  • Science (15)
  • Security (405)
  • Sports (436)

Newsletter

© 2023 Elanza News - The No 1 online news platform

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
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform