The Arewa Consultative Forum, ACF, says the naira redesign has damaged the credentials of President Muhammadu Buhari as a democrat.
The forum said the scarcity caused by the naira redesign might lead to a breakdown of law and order in Nigeria.
In a statement on Sunday, the forum’s Secretary-General, Murtala Aliyu, said Buhari should respect the Supreme Court ruling on old naira notes.
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According to Aliyu: “Some ten days ago, the Supreme Court of Nigeria held that Buhari breached the constitution in the way he issued a directive to the CBN for the redesign of the naira without consulting with the National Council of States and the federal executive council.
“As his long-term supporters, it will be remiss of us if we fail to warn that the much-touted benefits of the Naira redesign can never justify the damage to his credentials as a democrat and a stickler for the rule of law.”