Naira Redesign: Policy threatens elections, democracy, Akeredolu tells Buhari

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'The crises engendered by the policy of the Central Bank of Nigeria to redesign some currency notes, threaten to disrupt, not only the forthcoming general elections,' Mr Akeredolu said.

The Ondo State Governor, Rotimi Akeredolu, has again urged President Muhammadu Buhari to reconsider the policy on the redesign of the naira in the interest of the suffering masses.“The crises engendered by the policy of the Central Bank of Nigeria to redesign some currency notes, threaten to disrupt, not only the forthcoming general elections,” he said.

Mr Akeredolu urged the president “to play the role of a statesman at this crucial moment. It is apparent that the crises, which the current policy on currency swap has created, continue to spiral menacingly”. “The safety of the people is the supreme law. Any measure, purportedly designed to ameliorate their conditions, must not reduce the entire populace to a beggarly existence.

“This council clearly misrepresented, deliberately, the facts as they existed before the commencement of the implementation of the policy. “I call on the President to allow both the old and new notes co-exist until such a time when normalcy returns to the country. It will be a fitting parting gift for the people of this country, especially the downtrodden, who feel the negative impact of the poorly implemented policy.”The governor further said there was no justification for the “confiscation of the lawful earnings of Nigerians, despite the reasons adduced by the FG.

 

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Lies.. It doesn't threaten anything.. What was the cost of these elections in the past.. Selfish politicians

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