Naira Crisis: Buhari Appeals For More Patience, Endorses Tinubu Again


Amidst the hardship and crisis that has trailed the central bank’s new naira policy, the President, Major General Muhammadu Buhari (retd.), has appealed for more patience from Nigerians.

Buhari who said he is fully aware of the hardship argued that the policy is meant to improve Nigeria’s economy.

“I am appealing to you to exercise further patience as we take appropriate measures to ease these hardships. God willing, there will be light at the end of the tunnel,” Buhari said in a video recording from Ethiopia where he attended the just-concluded African Union summit.

READ ALSO: New Naira: Commercial Sex Workers Count Losses, Decry Low Patronage

Senior Special Assistant to the President on media and publicity, Garba Shehu, revealed this in a statement he signed on Sunday titled ‘In a video to sway voters for Tinubu President Buhari vows end to current hardship.’

KOKO TV reports that no small chaos has popped up nationwide following the President’s announcement on Thursday that only old N200 notes will remain legal tender until April 10. 

READ ALSO: Naira Crisis: Lawyers Frustrated Over Inability To File Proceedings

All old N500 and N1000 notes, Buhari said, must be returned to deposit banks before February 17,  2023, the adjusted deadline he had approved in Daura, Katsina, on January 30. 

Buhari’s announcement came despite a pending Supreme Court order restraining the Federal Government from effecting the deadline. 

tinubuTrending video of the day;

Photo Credit: Getty

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