Naira Redesign: I Can’t Advise FG On Monetary Policies- Malami

The Minister of Justice and Attorney-General of the Federation, Abubakar Malami cannot has stated that he cannot and does not advise the Federal government on monetary policies as that is going beyond his purview as Minister of Justice.

Malami said this while responding to questions on when the Federal government will execute judgment of the Supreme Court that the old N200, N500 and N1,000 notes remain as legal tender until December 31, 2023.

His media aide, Dr. Umar Gwandu, urged the media to educate the public that his roles did not include advising the Federal government on monetary policy issues.

“It is important that the educational role of the mass media be exercised in this direction.

”The media is an important tool for education and enlightenment. Let us use the media to inform the general public that the functions of the office of Attorney General do not include monetary policy regulation.”

When his attention was drawn to a recent example where the AGF was categorical on the FG’s disposition to the February 8th interim injunction issued by the Supreme Court, Gwandu declined comment.

Malami had, during an appearance on a private television station shortly after the Supreme Court issued the interim injunction, said the order was binding on the FG.