Cashless Policy: CBN bias, no allocation given to Kano in four days - KNSG

Ganduje

Former Kano State Governor Abdullahi Ganduje

By Aminu Garko

Kano State Government has decried the discriminatory attitude of the Central Bank of Nigeria (CBN), which is crippling the economy of the state by refusing to release new Naira notes to commercial banks operating in the state in the last four days.

The State Commissioner for Information and Internal Affairs, Malam Muhammad Garba, made the remark in a statement issued on Friday in Kano.

Garba said that since Monday, commercial banks in the state had gotten zero allocation from the Apex Bank.

He said the prejudiced approach by the CBN Governor, Godwin Emefiele, to the implementation of the cashless policy, no matter the intentions, seemed to be targeting Kano and its economy.

He added that given the daily volume of trade in the North’s commercial nerve centre, by starving commercial banks of the money that was supposed to be allocated to them, was unfair.

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He said that the CBN, as an organ of the Federal Government had, from all indications “been reduced to a tool to settle political scores by choosing a wrong time to force a policy on the people that could have been implemented at the appropriate time in the past.”

The commissioner noted that the people of the state had been subjected to unnecessary hardships by depriving them access to their hard-earned money.

He, however, said that the people of Kano, who are known for their peace-loving posture even in the face of provocation, had endured the hardship.

He called on the people of the state to continue with the spirit, and also come out en-masse to exercise their franchise during the elections.

Garba also assured that the Administration of Governor Abdullahi Ganduje identified with them in this trying period and would do whatever it takes to see to the resolution of the present situation

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