spot_imgspot_img
spot_img

Buhari apologises over Naira Redesign Policy

Date:

President Muhammadu Buhari has apologised to Nigerians over the naira redesign policy, saying that it was not introduced to cause hardship.

Recall that in October 2022, Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), announced the plan to redesign the N200, N500, and N1,000 notes.

The apex bank fixed February 10 as the deadline for the use of old naira notes — and that led to a scarcity of the currency.

In a video clip posted on Twitter by Uba Sani, gubernatorial candidate of the All Progressives Congress (APC) in Kaduna, on Thursday, Buhari said the policy was meant to boost the economy.

“I apologise to you for the hardship caused by the change of the naira. It was done to boost the economy of the country, not to cause hardship to anybody,” the president said.

Buhari urged Kaduna residents to vote for Sani, senator representing Kaduna central, as the governor of the state.

“First of all, I want to once again thank you for the confidence you have in me by electing me president on the platform of our party, the APC,” Buhari said.

“I want to use this opportunity to inform you that Uba Sani is our candidate for the governorship election in Kaduna state. I am begging you to vote for him and all APC candidates for the house of assembly to help him work.

“Uba is a leading member of this journey. We worked together in the senate and he demonstrated capacity and competence. He will perform better than expected.

“Kaduna is home to me. Therefore, I urge you to vote for Uba Sani and all our APC candidates for the state assembly.”

Share post:

Subscribe

spot_img

Popular

More like this
Related

Court Sentences Bobrisky To Six Months Imprisonment Without Option Of Fine

Controversial crossdresser, Idris Okuneye, also known as Bobrisky, has...

IGP Celebrates as Police Athletes Shine at African Games in Accra

The Inspector General of Police, IGP Kayode Adeolu Egbetokun,...

Vietnamese billionaire sentenced to death for defrauding $44 billion

Truong My Lan, a 67-year-old Vietnamese property developer, was...

Late Abimbola Ogunbanjo’s Family Sues Helicopter Company Over Fatal Crash

The family of the late Ogunbanjo is suing the...