There is a Yoruba aphorism that says: ÀSÍRI ADÌE KÒ BÒ LÓJÚ ATÉGÙN. This aphorism is derived from the observation that when it is windy the feathers covering
the anus of the fowl will swerve aside and the fowl's anus will be exposed to spectacle. Simply translated it means, the secret (private part) of the fowl is not covered in the presence of the wind. Other Yoruba express the same phenomenon this way: ÌGBÀ TI
AFEFÉ FÉ NI A TI RÍ FÙRÒ ADÌE meaning, we see the anus of the fowl when the wind blows. At Abeokuta in Ogun State, on Wednesday, 25 January 2023, Bola Ahmed Tinubu blew windstorm onto the backside of Nigeria's political fowls and their anus were exposed. He
alleged that petrol was being deliberately hoarded by the PDP licensed oil marketers in Nigeria and the redesigned naira notes were being implemented to create conditions that would mobilise electorates to vote against him as APC presidential candidate and
other candidates of his party in the forthcoming February 25, 2023, election. As a matter of fact, between May 1999 and May 2015 when PDP ruled Nigeria, it empowered members by granting them fuel import licenses which has not changed during now be eight years
rule of APC under President Muhammadu Buhari, thanks to the cabals. Not surprisingly, Atiku Abubakar, the presidential candidate of the PDP was the first person to condemn Bola Ahmed Tinubu for shedding crocodile's tears when he alleged the conspiracy against
his election success. Concerning redesigned naira and its negative impacts on ordinary Nigerians, an understanding of how it began is necessary.
On Wednesday, 26 October 2022, Godwin Emefiele of the Central Bank of Nigeria announced that naira notes of N200, N500, and N1,000,000 were to be redesigned.
On Friday, 28 October 2022, the Minister of Finance, Budget and National Planning, Zainab Ahmed, was in the Senate to defend the budget of her ministry and her opinion about naira redesign was sought. She said her Ministry did not know anything about
the plan to redesign naira and she only got to know about it through the media. While the idea of redesigning naira is good, she said, it is wrongly timed. As if naira redesign were an ethnic affairs, the information director of an Igbo socio-cultural
organisation, Ohanaeze Youths, Nzube Ugochukwu, in the online Nigerian Vanguard of 29 October 2022 asserted that the CBN is not answerable to the Finance Minister.
On Wednesday, November 23, 2022, President Muhammadu Buhari officially launched the redesigned naira notes in Abuja which he said would not be available
to the general public through the banks until 15 December 2022 but added that the old naira notes would cease to be in circulation as from 31 January 2023. That meant Nigerians would have barely 43 days (including Saturdays which are half working-days) to
change old naira to new ones. Sensing disaster in the making, the Senate and the House of Reps jointly demanded, on 28 December 2022, that the exchange of old naira notes to redesigned ones should be extended to June 30, 2023 from 31 January 2023. Godwin Emefiele's
Central Bank of Nigeria adamantly insisted that 31 January 2023 would be the last day for the old naira notes to be in circulation. However, on Sunday, 29 January 2023, Central Bank of Nigeria announced that the date for the exchange of old naira notes for
new ones had been extended to 10 February 2023. As if the cabals and the CBN (Emefiele) had secretly informed Atiku Abubakar that extension of date for the exchange of old naira to new one was to be announced, the PDP presidential candidate, Atiku Abubakar,
called for slight extension of the date of validity of the old naira on 28 January 2023.
The APC Governors were still not satisfied with the February 10, 2023 extension and thereby requested for emergency meeting with President Buhari who had
no time to meet them until February 3, 2023, when he told them to give him seven days to observe how the exchange worked within the extended date. Despite the extension of the date for the exchange of old naira notes to new ones, chaos still persisted and
while honest Nigerians were being denied access to their own money by their bankers, currency converters and Point of Sale (POS) are enjoying untrammelled access to the new notes whereby people were being surcharged four-thousand naira for withdrawing N20,000.
Sensing that the meeting of the APC governors with Buhari might result in further extension beyond February 10, 2023, the cable online Nigeria of 2 February 2023 reported the presidential candidate of the PDP, Atiku Abubakar as having said the previous day
as follows, "There should be no further postponement of the new naira regime after the expiration of the February 10 deadline. The vote riggers are seeking to push the CBN to extend till after the election when they would have achieved their evil plots
(of buying votes). The CBN and the Presidency should be steadfast. The merits of the new naira policy far outweigh the little inconvenience we are experiencing." It is noteworthy that Atiku referred to the
CBN (that is to say Emefiele) and the Presidency (that is to say the cabals) and not Buhari who approved Emefiele's naira notes recolouring. Atiku called the agony of the masses of Nigeria, who could not access their monies in the bank and could not
buy food, the little inconvenience because he and his fellow conspirators in the CBN and presidency have calculated coldly that the masses will take out their frustrations on APC. Four days later, Peter Obi called on Nigerians to bear with CBN and Buhari
on some inconveniences pertaining to inaccessibility of recoloured naira notes. https://punchng.com/new-naira-obi-begs-nigerians-to-bear-with-cbn/
Atiku Abubakar talking about others buying votes has forgotten that in preparing for his 2019 presidential election, he told his Lagos audience that he sought and received approval of President Obasanjo to rig out the AD from the six southwest states in 2003
but he, intentionally, did not rig in Lagos because of his long acquaintance with Bola Ahmed Tinubu. https://guardian.ng/politics/what-sparing-tinubu-caused-lagos-atiku-revals/
On Thursday, 2 February 2023, the Governor of Kaduna State, Nasir el-Rufai, alleged in an interview with TVC News that the currency swap introduced by the
Central Bank of Nigeria (CBN) was meant to incite voters against the APC and was orchestrated by the forces in the presidency who are bent on ensuring that the APC presidential candidate would lose the election.
The following day, three States - Kaduna, Kogi and Zamfara - filed a suit at the Supreme Court to ask for an order for the immediate suspension of the de-monetisation
policy of the Federal Government being executed through the CBN under the directive of President Buhari until it complies with relevant provisions of the law. On Wednesday, 8 February 2023, the Supreme Court issued an interim order extending the life span
of old naira notes to Wednesday, 15 February 2023, when hearing would begin on the Constitutional infractions the three States' governments had accused Buhari's Federal government of committing, instead of the CBN/FG's date of 10 February 2023. While informing
Nigerians that the Federal Government was going to obey the Supreme Court's order, the Attorney General of the Federation and Federal Minister of Justice, Abubakar Malami, said
that he had filed objection at the Supreme Court challenging the jurisdiction of the Supreme Court to entertain the case. He clarified,
"Jurisdiction on the grounds that when you talk of monetary policy, regardless of the characters they take, the Central Bank is an indispensable and a necessary party for that matter. What we have at hand is a situation where the Central Bank as an institution
is not joined as a party, the position of the law is clear that the original jurisdiction of the Supreme Court cannot be properly invoked." Therefore, Abubakar Malami is asking the Supreme Court to dismiss the suit filed
by the three States which has now been joined by more States.
By his objection, Abubakar Malami, the Attorney General of the Federation and Federal Minister of Justice in the APC controlled Federal Government is associating
with Godwin Emefiele of the Central Bank of Nigeria, Atiku Abubakar of the PDP and Peter Obi of the Labour Party to inflict pains and suffering on ordinary Nigerians with their redesigned naira notes. Poor implementation of the exchange of old naira notes
for redesigned notes is a combined display of incompetence and intended sabotage by the cabals to damage the APC before the Nigerian electorates. Thanks to Bola Ahmed Tinubu who, in his Abeokuta campaign of 25 January 2023, alerted Nigerians that petrol was
not only being hoarded by the opposition but naira swap being implemented was designed to bring APC into disrepute before Nigerians and to block his chance of winning the Presidential election. The idea is to pin the failures of Buhari's administration as
an APC president of Nigeria on Tinubu by the cabal in the presidency in order to favour the opposition parties. Truly, Buhari came to power on the platform of the APC, but in its eight years in power the party has never had any input or influence over government
policies. The unelected cabals including Abubakar Malami, hitherto have been ruling Nigeria since 2015 and not the APC which is what Tinubu and el-Rufai have now made Nigerians to understand. Although Abubakar Malami said that the Federal government would
obey the order of the Supreme Court extending the validity of the old naira to 15 February 2023, it is reported that banks and commercial entities in Nigeria have been refusing the old notes while the new notes are very scarce to get. The Supreme Court can
pronounce judgment but it has neither army nor police to enforce its judgment. The cabals around Buhari to whom he has surrendered his government are incapable of thinking creatively and diagnostically which is why they have succeeded in diminishing him.
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Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said that the February 10, 2023 deadline for the old Naira notes to cease to exist
leadership.ng
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