, New Naira: First-Class Northern Monarch Breaks Silence Over CBN’s Policy, Reveals Impact -

New Naira: First-Class Northern Monarch Breaks Silence Over CBN’s Policy, Reveals Impact

Alhaji Muhammadu Sa’ad Abubakar, the Sultan of Sokoto, has joined the ranks of the elite in denouncing the Central Bank of Nigeria’s plan to redesign the naira note.


The first-class monarch stated on Monday, February 13, that the new CBN policy’s consequences has caused hunger and resentment among Nigerians.

The Sultan urged President Muhammadu Buhari to support Nigerians and assist in averting any impending catastrophe that might develop.

The Sultan claimed that the CBN’s strategy has led to heightened tension throughout the federation and that it is becoming intolerable for Nigerians while speaking at a public event in Abuja.

The king reportedly said: “Let’s put politics to one side. the problems with progress, particularly for the average person (should be prioritised).

One day, God forbid, these people whom God Almighty given leadership would ascend (against us).

People are in need of food; is there money? People are enraged and ravenous. See if we can release the tension.

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