Majority Leader of the House of Representatives, Ado Doguwa, has expressed reservations over the implementation of the naira redesign policy.
He told President Muhammadu Buhari who, on Thursday, declared old N500 and N1,000 as being no more legal tender, that his broadcast had not take the country to the proverbial Uhuru.
According to him, the way and manner the policy is being implemented is making the ruling All Progressives Congress (APC) unpopular towards the general elections.
Doguwa is the Chairman of the Special Adhoc Committee on Naira Redesign, Cashless Policy and Naira Swap.
He said the committee came to see the president in spite of his broadcast and his directives to the CBN governor to commend him for that but to also tell him that “It is not yet Uhuru.”
The House leader said he told President Buhari that the Committee would continue to interface with the CBN on the implementation of his directives.
He added that the Green Chamber would not hesitate to invoke the instrumentality of law to call the CBN boss to order if he derailed from implementing the directive.
“One important thing I want to stress is that Mr. President has addressed most of the issues we want to raise with him in the national broadcast this morning.
“But that notwithstanding, Mr. President allowed us to meet him believing the fact that the commiiee coming to him represents the institution of the National Assembly.
“And when you have issues to do with policies of government, you have matters that border on lives and livelihood of our people, the best institution to speak for Nigerians is this institution, the National Assembly and in this case, the House of Representatives.
“What excites us is that when we met Mr. President, he was already on ground with those agencies that have something to do with this issue of naira redesign and naira swap.
“The CBN governor was there at his instance, the representative of the Ministry of Finance was there, the AGF was also represented there, the inspector General of Police was also there,” said Doguwa
