Katsina State governor, Aminu Bello Masari, has declared support for the new cash withdrawal policy of the Central Bank, arguing that only those who have stockpiled millions of naira in their closets would oppose the policy.
Governor Masari, who spoke with journalists after a meeting with President Muhammadu Buhari at his Daura country home, also assured that massive votes would be counted for the ruling All Progressives Congress (APC) in his State in next year’s elections, as according to him, the party has done well in the State.
“The new cash policy will help the economy. Now, all the money has not been in the banking sector. The Central Bank governor said that they have mopped over one trillion Naira (N1 trillion) into the banking sector, which was stashed in soak-ways and other places. We believe by the end of the transition to the new currency, the remaining trillion will be back in the banking sector. I think it is very good for the economy,” he said. Asked if the governors were happy with the cash withdrawal limit, governor Masari said “because I am…”
