Cash Crunch: Buhari’s Meeting with Governors Cancelled, President Meets with CBN Chief, EFCC Chair, Others  

A scheduled meeting between President Muhammadu Buhari and governors under the aegis of the Nigeria Governors Forum was cancelled on Tuesday.

No reason was given for the cancellation. 

However, the president met with chairman of the Nigerias Governors’ Forum, Aminu Tambuwal, Chairman APC Governors Forum and Kebbi State Governor, Abubakar Bagudu , Governor of the CBN Godwin Emiefele and Chairman of the anti- graft agency EFCC AbdulRasheed Bawa.

Others present were SGF Boss Mustapha and Chief of Staff Prof Ibrahim Gambari.

The cancelled meeting with governors comes four days after the president met with governors of his party  where he asked Nigerians to give him seven days to resolve the crisis associated with the Naira redesign policy. 

There have been mixed reactions over the policy aimed at curbing money laundering, election corruption, spiking inflation rates and to tackle counterfeiting.

On Monday, Kaduna, Kogi and Zamfara states instituted a suit against the federal government seeking a restraining order to stop the full implementation of the naira redesign policy which has resulted in a cash crunch.

The DG NSA, IGP, Chief of Defence staff were also seen at the presidential villa to meet with the president. 

Although the details of the meetings with the president are not yet known, it is likely due to the cash crunch as a result of the Naira redesign policy as the election draws closer.

Adesuwa Lmoruan 

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