Kaduna State Government hails Supreme Court Ruling on naira swap deadline.

Kaduna State Government and millions of its residents welcome the ruling of the Supreme Court, extending the use of the old naira notes beyond the Central Bank of Nigeria deadline of tenth February 2023.

A statement by Governor Nasir El-Rufai’s Special Adviser on Media and Communication, Mr. Muyiwa Adekeye, thanked the justices for their decision and appeals to the federal authorities to treat the ruling as an opportunity to relieve human suffering.

The statement recalled that the governments of Kaduna, Kogi and Zamfara states were compelled to approach the Supreme Court to mitigate the needless stress imposed on ordinary people and their livelihoods by the ill-timed, incompetent planning and execution of an overnight cashless policy.

It argued that CBN advanced no emergency justification for what he described as a decision to deny people access to their deposited cash.