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    Home » Naira Scarcity: Buhari Should Obey Supreme Court Oder, My Family Can’t Cook – Orji Kalu
    Business & Economy

    Naira Scarcity: Buhari Should Obey Supreme Court Oder, My Family Can’t Cook – Orji Kalu

    Alexandra Dominic-ChukwuBy Alexandra Dominic-ChukwuFebruary 21, 2023Updated:February 21, 2023No Comments2 Mins Read
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    ENUGU, Nigeria (VOICE OF NAIJA)- Senator Orji Uzor Kalu, a former Governor of Abia State, has raised the alarm over the cash crunch occasioned by the naira redesign policy of the Central Bank of Nigeria (CBN), saying that it is taking a toll on him.

    Orji claimed that recently, his family could not get enough money to cook, due to the scarcity of the country’s legal tender.

    In an interview on Channels Television’s election programme, he said: “You can see the policy is right but I don’t keep money in my house. I am suffering.

    “The other day, my house manager told my wife in Abuja that we have no money to cook food. My wife was virtually roaming around and we feed over 250 people every day. It is a problem to me and to everybody.”

    Recall that the Governors of the All Progressives Congress (APC) have been at loggerheads with President Muhammadu Buhari over the recent policy.

    They had filed a suit against the Federal Government of Nigeria at the Supreme Court, to stop the policy.

    While the court restrained the apex bank from effecting deadline of the old naira notes, Buhari declared that N500 and N1000 notes were no longer legal tender.

    Present Buhari only asked the CBN to make N200 notes circulate until the eve of the March 11 governorship election.

    Reacting to this, Senator Kalu asked the President to obey the Supreme Court’s order.

    “This is why if I am in the position of the Mr President as I have told you before, I will listen to the Supreme Court judgement. The Supreme Court to me, whether they are right or wrong, Mr President should obey the law and ask his Attorney General to put a review to the Supreme Court,” Kalu added.

    Kalu, who currently represents Abia North at the National Assembly, also spoke on the chances of Asiwaju Bola Tinubu, Presidential Candidate of the APC in the election.

    He said Tinubu is well liked by the North and he is from the South-West and is going to get votes in the South East.

    “My governor here, Okezie Ikepazu, will also support Tinubu. My senatorial district is going to give Tinubu the vote. The puncher to give the 34, 35 per cent to be on the ballot,” he said.

    Central Bank of Nigeria (CBN) Naira Scarcity President Muhammadu Buhari Senator Orji Uzor Kalu Supreme Court of Nigeria
    Alexandra Dominic-Chukwu

    Alexandra Dominic-Chukwu is based in the eastern region of Nigeria. She covers politics, news writing, feature stories, among others. She has multitasking skills and can easily adapt to any working condition. She enjoys reading and writing.

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