2023: Galadima accuses governor in the north of hiding N22bn old naira notes

Foremost leader of the North, Buba Galadima has accused a serving governor of the Northern Nigeria of hiding N22 billion old naira notes in his house.

However, the former National Secretary of the defunct Congress for Progressive Change, CPC, made the assertion in an interview on Trust TV’s Daily Politics.

Galadima, while answering question on the controversial naira redesign policy of the Central Bank of Nigeria, CBN, said the said governor should be probed and be dealt with.

Galadima added the CBN Act states that in an event of naira redesign, it should be done within a period of not less than six months.

The statesman noted the government however explained it approved the policy because many individuals had amassed the currency in their houses.

“I agree. I know, from intelligence, that there is a governor in the Northwestern part that has about N22 billion of the old currency.

“Yes, N22 billion stacked in his house as I speak to you. He knows himself. And the security agencies know,” he stressed.

He said the agencies might be looking the other way because “maybe they belong to the same club or they are protecting him”.

The politician added that the trap is for the governor to go change the cash “accumulated through corruption”.

The CBN Governor Godwin Emefiele had said the old N200, N500 and N1000 denominations were recalled because N2.7 trillion was kept in people’s homes before the Buhari administration came on board.