The Arewa Consultative Forum, ACF, has told President Muhammadu Buhari that the much-touted benefits of the naira redesign policy can never justify the damage to his credentials as a democrat and a stickler for the rule of law.
The ACF in a statement asked the federal government to implement the Supreme Court judgement which ordered that the old N500 and N1000 circulate with the new notes.
The group said: “Whatever the CBN or anyone else says about the benefits of the policy, which evidently are many, is of little comfort as soon as the highest court in the country has deemed that it is, or, at least the manner of its implementation, breaches the law.”
The ACF also warned that the crisis had the possibility to morph into a serious social disorder leading to the possible breakdown of law and order throughout Nigeria.
The group said 10 days was long enough time for the government to find its way towards complying with a court order which import was central to the achievement of peace, order and good governance in the country.
The ACF noted that huge crowds and long queues form around bank offices and ATM points across the country as people struggle to get the new cash which had remained extremely scarce.
“It has triggered riots and other forms of civil unrest. President Buhari is under oath to defend the constitution of Nigeria.
”As his long-term supporters, it will be remiss of us if we fail to warn that the much-touted benefits of the Naira redesign can never justify the damage to his credentials as a democrat and a stickler for the rule of law,” the ACF said.
