2023: “I Need To Have This N70m in Hard Copy”: Influential APC Lawmaker Laments Persistent Cash Scarcity

2023: “I Need To Have This N70m in Hard Copy”: Influential APC Lawmaker Laments Persistent Cash Scarcity

  • Another chieftain of the ruling All Progressive Congress (APC) has come out to lament the scarcity of the naira
  • Hon. Ado Doguwa says the scarcity of the naira would affect politicians negatively, with the election coming up in less than a week
  • Doguwa said he needs N70 million in cash to carry out his campaign before the campaign calendar closes

FCT, Abuja - Ado Doguwa, a House of Representative member under the ruling All Progressive Congress (APC), has lamented the incessant scarcity of the new naira notes.

The Kano state-born politician, on Thursday, February 16, in Abuja, stated that the cash crunch would be a huge blow to politicians with less than a few days left before the 2023 presidential polls.

Ado Doguwa
Hon Ado Doguwa says the CBN naira redesign policy is good but is ill-timed. Photo: Hon Ado Doguwa
Source: UGC

As reported by Channels TV, the lawmaker lamented that his campaign is suffering and he needs N70 million for campaign activities.

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Doguwa, while making reference to Section 88 (4) of the new Electoral Act, said:

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“I need to have this N70m in hard copy. That is the position of the law and as I speak to you, I don’t have it.”
“And don’t forget the point I made as a partisan member that the policy in itself is against the ruling party because Nigerians that are not happy will look at it as a policy of the government of the APC. This has placed us at disadvantage already.”

He, however, stated that the new policy to redesign the naira by the Central Bank of Nigeria (CBN) was a good move but was ill-timed.

Doguwa argued:

“Some of us see a lot of good things about the policy, but our worry as members of the ruling party is, why now?

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“30-40 days to elections you come out with a policy that is not widely accepted by Nigerians and whether we like it or not that will be seen as the program of the government.”

Naira Notes Swap: New Twist as House of Reps Rejects Deadline Extension, Threatens CBN Gov Emefiele’s Arrest

Meanwhile, the House of Representatives has said the CBN's extension of the deadline for the naira notes swap was just a mere political gimmick to further deceive Nigerians.

Alhassan Doguwa, the Majority Leader of the House of Reps made this known saying the Green Chamber is rejecting the extension.

Doguwa said Emefiele must appear before the House or stand the risk of being arrested on the strength of legislative writs which will be signed by the Speaker soon.

2023: Bola Tinubu Risks Losing Kano Over APC Crisis, Says Hon Ado-Doguwa

In another development, there are fears that the ruling All Progressives Congress may lose the presidential election in Kano state during the 2023 elections.

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Buhari's Broadcast: Atiku Drops Bombshell, Throws Powerful Challenge at APC

Alhassan Ado-Doguwa, prominent APC chieftain in the northwest state and House of Reps majority leader says the Kano APC has been hijacked.

The federal lawmaker stated that the running of the party has been left in the hands of those causing problems from the Kano APC.

Source: Legit.ng

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