Streams of Supporters Storm CBN, Back Emefiele, Buhari Over Naira Redesign Policy

Streams of Supporters Storm CBN, Back Emefiele, Buhari Over Naira Redesign Policy

  • The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has gotten the backing of some concerned Nigerians over the naira redesign policy
  • This was made known during a campaign at the CBN headquarters in Abuja on Monday, February 6
  • The supporters have urged the CBN not to go back on its deadline while also imploring Nigerians to remain patient as the policy is the best measure to curb vote-buying

FCT, Abuja - Amid the ongoing exchanges over the Central Bank of Nigeria (CBN)'s decision to implement the deadline for the old naira notes, concerned Nigerians under the aegis of the Pro Nigeria Group (PNG) trooped out in their numbers to back the policy.

According to our's regional reporter, who was present at the protest, many were seen carrying placards with inscriptions backing President Muhammadu Buhari and the CBN governor, Godwin Emefiele.

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CBN, Naira
Many Nigerians have kicked against the new monetary policy implemented by the CBN. Photo: Segun Adeyemi
Source: Original

Speaking to pressmen before commencing their advocacy, the PNG convener, Mr. Isaac Balami, said the essence of the exercise was to support the CBN and President Buhari over the new monetary decision to redesign the naira.

Balami said that the CBN disbursed enough money to banks to meet the needs of Nigerians, but politicians are sabotaging CBN's efforts by conspiring with banks to buy the money from them in a bid to perpetrate voter inducement on the day of the election.

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Alleged voter-inducement plot

He said:

"We are aware that the Central Bank of Nigeria has released money to all the banks. All the banks have money, but politicians are buying this money from them at a higher cost, at a black market rate thereby frustrating Nigerians to go against the government."

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Tinubu Makes Passionate Appeal to Nigerians as Fuel, New Naira Notes Scarcity Bites Harder

He, however, urged Nigerians to be patient stating that the CBN has the best interest of the citizens at heart as it is the best policy and measure to clamp down on vote-buying in the build-up to the 2023 polls.

"We are ready to endure, we are with CBN, we are with President Muhammadu Buhari on this matter and we are here to say no going back on currency redesign.
"All we are saying here is if you didn't care about us when palliative was released, If you didn't care about us when there was no fuel if you didn't care about us when Boko Haram was killing people, if 19 (APC) governors didn't come together during ASUU strike why are you worrying about money to buy vote."

2023 polls: APC, Tinubu exposed in alleged plot to swap N22.5BN old naira notes stashed for vote buying

In another development, more controversies have continued to unravel in the build-up to the 2023 general elections.

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2023 elections: Names mentioned as APC governor slams CBN with serious allegation

In a recent controversial event, the Peoples Democratic Party (PDP) accused the ruling party of stashing N22.5bn of old naira notes in Kano state.

It was gathered that the All Progressive Congress (APC) made arrangements to swap the money with the new notes to buy votes.

Naira scarcity: “You’re a pawn, poddle, pimp,” Fani-Kayode slams Emefiele in fresh Twitter rant

Amid the ongoing hassle for the new naira notes in Nigeria, the former minister of aviation Femi Fani-Kayode has made his grouse known.

The chieftain of the ruling All Progressive Congress (APC) called out the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

He described the CBN boss as a puppet and a tool used to do the bidding of the cabal to frustrate Nigerians.


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