Naira redesign anti-people, Buhari advised wrongly — Wike –

Rivers State Governor Nyesom Wike believes redesigning the naira note is a poor strategy in the country’s fight against corruption.

Speaking at a campaign rally for the People’s Democratic Party (PDP) gubernatorial candidate in Siminale Ifubara (Rivers) in the state’s Okirika local government area, Wik called the policy anti-people.

The Central Bank of Nigeria (CBN) announced the redesign of the N200, N500 and N1000 notes last October.

The apex bank has also set January 31 as the deadline for withdrawing old naira notes from circulation.

but that Cubic boron nitride The deadline for the naira swap was extended to February 10 last Sunday under pressure from Nigerians.

At the rally, Vik insisted that the Naira’s redesign was only meant to cause pain to Nigerians, not to fight corruption.

He stressed that President Muhammadu Buhari was wrongly advised on the matter.

The Governor said, “Let me take this opportunity to advise Mr. President because I am doing it for his own good. He is not liked by the person who advised him on the so-called Naira redesign. Three months from now, Mr. President, you will Gone. Will corruption end in these three months? Impossible.

Also read: CBN rules out further extension of naira swap period

“Why didn’t the central banker propose this policy when he was running for president? Now the policy is good. Mr. President, these people don’t love you.

“This policy is against the people because there is no paper currency. Even if I have money in my account, I cannot get N10,000. I cannot buy fuel. Who loses? Isn’t it the masses? Isn’t it the people?

“Who told you they used it against politicians? Do you think I’m unprepared for this election? They’re just fighting the poor. This policy isn’t at all about fighting corruption or fighting politicians. It’s just about making the election us A way to manage the suffering of their people.Our job is not to make people suffer.

“I’ve never seen them change money anywhere, and within six months they’re saying no more old notes. It’s not going to work; it’s going to take time. Look at the rural areas and the level of illiteracy in this country.

“Every day, CIA carries cash for operations, NIA carries cash for operations. But here we cannot give our security N1 million.

“When you put in policies, put in policies that you know will last a long time; make them good for the people.”

join the conversation


Support Ripples Nigeria, Support Solutions Journalism

Balanced, fearless journalism driven by data comes at a huge financial cost.

As a media platform, we are accountable to our leadership and will not trade the rights to a free press and free speech for a piece of the cake.

If you like our work and would like to support solutions journalism, please donate to Ripple Nigeria reason.

Your support will help ensure that citizens and institutions continue to have free access to trusted and reliable information for social development.

donate now

Leave a Comment