Just In: PDP accuses Tinubu, APC of N22.5 billion Naira Swap Scandal
February 6, 2023
The Peoples Democratic Party (PDP) has accused the All Progressive Congress (APC) leaders of allegedly working to swap N22.5 billion old Naira notes for new ones in Kano State in a desperate move to actualize vote buying in favour of Bola Ahmed Tinubu, the Presidential Candidate of the APC ahead of the 2023 general elections.
In a statement on Monday by Hon. Debo Ologunagba, the National Publicity Secretary, of the PDP said the sum of N22.5 billion old N1000 notes was allegedly kept in a Kano State Government facility before being moved to a certain new generation bank where the regional heads were contacted by the APC Presidential Campaign to swap the old notes with new ones.
It says, “Information available to our Party revealed that this criminal act by the APC which is responsible for the biting cash scarcity is being coordinated in the North West region of our country by two APC State Governors who ironically have been very vocal in lamentation over the prevailing cash crunch.
“The PDP has been made aware that the N22.5 billion in old N1000 notes was allegedly kept in a Kano State Government facility before being moved to a particular old generation and a certain new generation bank where the regional heads were contacted by the APC Presidential Campaign to swap the old notes with new ones.
“Further information revealed that the cash is being warehoused by the Tinubu Campaign for vote buying in Kano, Kaduna, Bauchi, Jigawa and Sokoto States. A particular APC State governor is reported to have taken delivery of N500 million new Naira notes to actualize the vote-buying plot.
“Also, there is intelligence that an arrangement has been concluded by APC leaders to move a substantial part of the old naira notes from Kano to Lagos State between today and tomorrow to swap them with new ones.
“It would be recalled that the PDP had earlier alerted Nigerians that corrupt APC leaders are compromising the system to mop up the new banknotes for their selfish vote-buying plans ahead of the February 25, 2023, Presidential election.
“The PDP, therefore, alerts the security agencies and the Central Bank of Nigeria (CBN) of this nefarious activity by APC leaders which are bringing untold hardship to Nigerians.
“Our Party demands immediate action to stop APC in this criminal act as well as to recover the money and make the new Naira notes available to the public.
“The PDP calls on all Nigerians to firmly resist the APC in this heinous attempt to buy their conscience and subject them to another harrowing tenure of killings, violence, kidnapping and economic hardship that have become the hallmark of the APC administration in the last seven and half years.
“The Party also urges Nigerians to remain steadfast in their support for the PDP Presidential Candidate, Atiku Abubakar, who has demonstrated the integrity, honesty, capacity, experience and readiness to get the system to work for the good of all immediately he assumes office, come May 29, 2023,” the statement added.
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