Buhari, Emefiele to tear Nigeria apart with recoloured naira scarcity: Kachikwu

Buhari, Emefiele to tear Nigeria apart with recoloured naira scarcity: Kachikwu

PEOPLES GAZETTE

Dumebi Kachikwu, the African Democratic Congress (ADC) presidential candidate, says the scarcity of the new naira banknotes poses great threats to Nigeria’s peace. He also lamented that difficulty in withdrawing old notes is frustrating lives and livelihood.

Mr Kachikwu said this in a statement on Tuesday in Abuja. He said it was disheartening to see Nigerians endure long queues under scorching sun just to withdraw their hard-earned money. According to him, Nigerians are groaning in agony and dehumanised.

“If this is not bad enough, the most political Central Bank governor in our nation’s history seeks to plunge our nation into further chaos. How else can one explain this ill-conceived naira redesign policy that ought to strengthen the value of our currency but now threatens our very existence as a nation,” Mr Kachikwu.

The ADP presidential standard-bearer added, “My heart broke as I watched the videos of those who stripped naked in banking halls all in a bid to collect their money. How do you speak of cashless banking in a country plagued by epileptic telecom networks and power blackouts? Who is deceiving who when many parts of northern Nigeria don’t have bank branches and lack the infrastructure to support e-banking? Was this not factored into the CBN givernor’s plan?”

The presidential hopeful stressed that Nigerians did not deserve further hardships, especially at a time when fuel was also not available in many parts of the country.

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Buhari, Emefiele to tear Nigeria apart with recoloured naira scarcity: Kachikwu

 

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