Redesign Of Naira Note By CBN Purely Political- Obaseki

Habiba Ibrahim-Sam

BENIN CITY

The Edo state governor, Mr Godwin Obaseki,  said the  proposed plan by the Central Bank of Nigeria (CBN) to redesign naira notes is  politically motivated, noting that the move was a ploy by the All Progressives Congress-led government to sway voters ahead of the 2023 general elections.

Obaseki stated this while inaugurating the Edo State Peoples Democratic Party (PDP) Women Campaign Council at the Presidential Campaign Secretariat in Benin City, the Edo State capital.

Obaseki further said that the redesign of the nation’s currency should not be a priority as the majority of citizens are suffering from hunger, poverty and economic hardship.

“They say we should all bring our naira and give it to them because they want to change it for us. Is that our priority now? Does changing of currency reduce the price of food in the market? They say they want to change our currency and dollars are going higher every day. We can’t even see dollars again.

“I am an economist and I can tell you categorically that this policy by the CBN and the Federal Government has no basis in Nigeria’s economy. There is no reason to do this; the move is purely political as there is no urgency in changing our currency.

“The urgency is on how to get food for our citizens to remove starvation and hunger from the land. The urgency is on how to maintain discipline in our monetary policy so that we can manage our foreign exchange rate because we are import-dependent,” the governor added.

Obaseki continued: “We can’t allow those managing our country (APC) to continue because if we allow the APC government to continue, the country will fail as the country is already failing. God sees how people are suffering in this country and will not allow them to manage Nigeria again.

“The 2023 general election is for the continuous existence of Nigeria. If the country must not fail, then we need to vote out APC as a party. Our party the PDP is organic and our candidate, Alhaji Atiku Abubakar, is the best among all. The party has the structure to win the election next year.

“APC has stolen our money and wants to use it to impose themselves on Nigerians come 2023 general elections. They have stocked up a lot and want to bring the money. Do not be afraid, collect the money and vote them out like you did in Edo in the 2020 governorship election,” he charged.

The chairperson of the women campaign council, Mrs Betsy Obaseki, said, “APC is still imposing more suffering on the people of the nation. The existence of the nation is threatened and Nigerians should not sit down and watch but come out enmasse to vote out APC.”