With the general elections barely two weeks away and naira scarcity experienced across the country, chairman of the Independent National Electoral Commission , Prof. Mahmood Yakubu, yesterday, met with the governor of Central Bank of Nigeria , Godwin Emefiele, over the new naira policy, at the CBN headquarters in Abuja.
He said some of the service providers, especially transporters, are required to be paid in cash and besides, experience has shown that emergency situations do arise on election day, which could demand the use of cash by the Commission. “In view of the recent policy involving the redesigning of some denomination of our currencies and the limit on cash withdrawals and availability, we consider this meeting important in addressing some of our areas of concern with just 17 days to the election. We are confident that an aspect of this meeting will reduce the anxiety expressed by some of our service providers.
“A few months ago, I visited your office and you raised the issue of how foreign exchange can be procured to you to import Bimodal Voter Accreditation System and other forms of election material that needed to be imported and I gave you my word that foreign exchange will be provided for that purpose. I stand here to confirm that as at today, all dollars that is needed to import those items have been provided and those items have been imported.
Ganduje was reacting to an interim injunction by a Federal High Court in Abuja, stopping CBN from extending the 10-day deadline for the currency swap. In same vein, a group of elder statesmen, led by former Akwa Ibom State governor, Obong Victor Attah, has charged the Federal Government and INEC to ensure that the 2023 general elections are held “at all cost.”
Presidential candidates at the meeting include the Peoples Redemption Party , Kola Abiola; Prince Wole Adebayo of Social Democratic Party ; running mate to Labour Party candidate Peter Obi, Dr. Datti Baba Ahmed and representative of PDP candidate, Atiku Abubakar, former governor of Adamawa State, Boni Haruna.
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