Arabic Inscription Will Not Be Removed From Naira – Sanusi

Subsidy I Pity The Next President Of Nigeria – Sanusi
Lamido Sanusi
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The Former Emir of Kano and former Governor of the Central Bank of Nigeria, Muhammadu Sanusi, has assured Nigerians and other Islamic faithful that the Arabic inscription on the naira notes would not be removed from the newly redesigned currency.

Sanusi had also made the claims that the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele had assured him that the Arabic inscription would not be removed from the redesigned notes.

Read Also: Children Will Curse Nigeria’s Leaders For Debts – Sanusi Lamido

It can be recalled that last week, the CBN had made an announcement that it has redesigned the N100, N200, and N1000 notes, which will also come into effect, December 5th, 2022.

Mixed reactions had greeted CBN’s announcement as some of the Islamic scholars had alleged that redesigning the naira was a plot to remove the Islamic inscription and amid suspicion by Islamic scholars, some Nigerians have also urged the apex bank to remove the inscription from the redesigned naira.

Reacting, Sanusi urged Islamic leaders to verify their information and stop unsubstantiated claims.

“There has been speculation going round about the change of some naira notes. I heard various scholars commenting, with some implying that the Ajami on the naira notes would be removed.

“Since the issue came up, we have spoken to some people in the Central Bank, and they confirmed to me that such a plan is non-existent.

“When the misconception became widespread, I spoke to the CBN governor himself, and he also confirmed to me that there is no plan whatsoever to remove the Ajami.

“So, I want to appeal to Islamic scholars to please stop acting on unsubstantiated reports,”

In another related report,  the former Emir of Kano, Muhammadu Sanusi II, has revealed that the children in Nigeria will be cursing the leaders of the country in the distant future for the accumulation of both internal and external debts following the country’s excessive borrowing.

“Nigeria children will curse the leaders of the country’s accumulation of both internal and external debts with the country continuous borrowing,” he lamented.

He had made this statement on Sunday in Kaduna in his address which had been titled, “Building a resilient economy” at the Kaduna Investment Summit, saying that the Nigeria’s economy has been long tied to the oil and gas sector, while also revealing that subsidy removal is fast mitigating the growth of the economy, the country has continued to be a rentier state.

 

Africa Daily News, New York

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