22 billion old naira notes are being concealed by a northern governor — Buba Galadima

In an interview with Trust TV’s Daily Politics, the former National Secretary of the disbanded Congress for Progressive Change (CPC), Buba Galadima revealed the information.

Galadima responded to a question regarding the contentious CBN policy regarding the redesign of the naira.

The leader of the New Nigeria Peoples Party, or NNPP, recalled that the group had previously adopted a staunch stance on the divisive topic.

According to Galadima, the CBN Act mandates that any naira redesign take place within a minimum of six months.

The politician claimed that the government had nevertheless stated that it had supported the scheme because many people had accumulated the money in their homes.

“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.

Galadima suggested that the agencies may be ignoring the situation because “maybe they belong to the same club or they are protecting him”.

He continued by saying that the governor’s going to be duped into changing the money “accumulated through corruption.”

Godwin Emefiele, the governor of the Central Bank of Nigeria, claimed a fortnight ago that the old N200, N500, and N1000 denominations were recalled because N2.7 trillion was held in private houses prior to the Buhari government.