Naira Scarcity: Knocks on Buhari, Emefiele As Kwankwaso Reveals How Politicians Get Cash For Campaigns

Naira Scarcity: Knocks on Buhari, Emefiele As Kwankwaso Reveals How Politicians Get Cash For Campaigns

  • Rabiu Kwankwaso, the presidential candidate of the NNPP, has said the CBN policy on the new naira note is just to punish the poor Nigerians
  • According to the ex-Kano governor, the notion that it will stop politicians from getting money to buy votes is a failed proposition
  • The ex-Kano governor said that most of the big-time politicians share that they control in banks, or friends who can help them to mobilise the actual cash they needed for campaigns

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The New Nigeria Peoples Party (NNPP) presidential candidate, Rabiu Kwankwaso, has taken a swipe against President Muhammadu Buhari and Godwin Emefiele, the governor of Central Bank of Nigeria, describing the naira scarcity as a waste of time.

According to the presidential hopeful, all the big-time politicians, especially the presidential candidates, had controlled shared in big banks or had friends in those banks who will help them mobilise whatever amount they needed for their campaigns, Business Day reported.

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Rabiu Kwankwaso/NNPP/Naira Redesign/Naira Scarcity/CBN/Godwin Emefiele/Muhammadu Buhari
Kwankwaso knocks Buhari, Emefiele over new naira notes Photo Credit: Rabiu Kwankwaso
Source: Twitter

Kwankwaso describes the new CBN policy as plot to infringe pains on common Nigerians

Kwankwaso further added that no bank operating in any of the 36 states would deny its host, stating that the new CBN policy will only punish the innocent poor Nigerians.

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The former governor of Kano state disclosed this while appearing on the Channels Television programme on Thursday, February 2.

He asked:

“Why should a Nigerian unnecessarily inflict this kind of pain on people who are already suffering.”

Latest about CBN, Godwin Emefiele, Rabiu Kwankwaso, NNPP, 2023 election, naira scarcity, naira redesign

The NNPP leader posited that the apex bank should have given enough time and its implementation should have been done gradually.

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Kwankwaso also dismissed the claim by Atiku Abubakar, the presidential candidate of the Peoples Democratic Party that the duo are in talks for a merger. He accused the PDP and the All Progressives Congress (APC) of sponsoring propaganda and lies.

He disclosed that he has never met with Atiku in person since he left the PDP.

Tension Erupts As El-Rufai Reveals Saboteurs Around Buhari earlier reported that Governor Nasir El-Rufai of Kaduna state has revealed that there are saboteurs around President Muhammadu Buhari in Aso Rock.

El-Rufai disclosed that the saboteurs have their preferred presidential candidate who failed to clinch the APC presidential ticket but failed to win at the primary.

According to the governor, the naira redesign by the CBN has inflicted more hardship on the people, particularly in the rural area and could turn the people against Tinubu.


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Bada Yusuf (Politics and Current Affairs Editor) Yusuf Amoo Bada is an accomplished politics and current affairs editor, boasting over 7 years of experience in journalism and writing. He is a graduate of OAU, and holds Diploma in Mass Comm. and BA in Literature in English. He has obtained certificates in Leadership and received the "Certificate for Breakthrough of the Year 2022" in recognition of his great performance during his first year at Worked as Editor with OperaNews. Contact: or call 08161717844

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