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Nairaland Forum / Nairaland / General / Politics / Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure (650 Views)
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Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by KEVIND: 11:03am On Jan 28, 2023 |
Opposition political parties have enjoined the Governor of the Central Bank, Godwin Emeifele not to bow to pressure from desperate politicians who were pushing for a shift in the date for the swap of old Naira notes with the newly redesigned currency. The Peoples Democratic Party, the Labour Party and the Zenith Labour Party, expressed these views in separate interviews, in Abuja, on Friday. Mr Phrank Shaibu, the spokesperson for the Presidential Candidate of the Peoples Democratic Party, Atiku Abubakar, said it was obvious that the Presidential candidate of the All Progressives Congress, Asiwaju Ahmed Tinubu, was the worst hit by the CBN policy because his politics has always revolved around the use of money. Shaibu said, “Tinubu is obviously frustrated by his inability to stop the cashless policy and currency redesign of the Central Bank of Nigeria (CBN) that will curb vote buying and enhance the credibility of next month’s election, he has begun crying over his imminent defeat. “Even though the CBN policy affects all 18 political parties, APC is the only one frustrated because their plan to deploy bullion vans and bribe poor voters and security agents on the day of election has failed woefully.” He recalled that on the eve of the 2019 Presidential election, two cash-laden bullion vans were pictured entering Tinubu’s premises located on 26 Bourdillon Road, Ikoyi. Several petitions were written to the Economic and Financial Crimes Commission (EFCC) but nothing has been heard of the matter ever since.” Speaking in a similar vein, the Presidential Candidate of the Zenith Labour Party, Chief Dan Nwanyanwu, described the CBN Naira redesign policy as a patriotic decision which should be supported by all. He said, “I want to use this opportunity to call on Godwin Emefiele, governor of the central bank, not to succumb or listen to anybody from anywhere suggesting that there should be an extension for the return of the old note back to the bank. “His name will be written in gold if he gets this thing done. And on the part of the President, his mantra failed Nigerians and he has come up to tell Nigerians that he will ensure free and fair elections. “I want to say that the decision taken by the central bank of Nigeria and with the approval by President Buhari is the best for this nation. “It is a patriotic decision taken by CBN as it relates to the new banknote and the time stipulated for the removal of the old note.” He further said, “We have been in this country and people given the responsibility to serve, go there to help themselves. “They steal the money and put it to personal use. They don’t use it to even develop their environment. “They stack the money at home, in septic tanks, in the farm, and some of these funds have been there for more than ten, fifteen years, idling away. So why do you steal what you do not need? “So, the CBN had to put on its thinking cap. “Those categories of naira notes, if not returned before the date stipulated by CBN would become toilet paper. “That is, will be of no use. Now people are afraid to take these notes to the banks for fear of being identified. “Billions and millions of naira notes are still in the homes of some people. It is either they take the courage to bring it to the banks or by the end of next week, they become toilet paper. “This is one way to ensure free and fair elections by making we politicians not have access to money to buy votes. “So, whether they are National Assembly members or anybody whatsoever, who is opposed to this is very unpatriotic. “Must you carry cash in all your transaction? Go and do the transfer? Let us not cry, we have been enduring for seven and half years. “This money will get back into circulation, immediately after the election, and I suspect CBN will release a little so that Nigeria will have some money in their hands. Those crying are crying because they want money to go and buy votes. “Emefiele, don’t succumb, you have the support of most Nigerians, over 95 per cent of Nigerians are behind you in this regard.” Also, the National Publicity Secretary of the Labour Party, Dr Yunusa Tanko said, “We are not surprised that those at the forefront of cash and carry politics, who are used to deploying bullion vans for election purposes are the ones complaining about this laudable government policy targeted at curbing inflation. “Look at the inflation figures today, inflation numbers are coming down. The CBN must not back down, the bank should insist on the January 31st date to prevent a situation where those who have stashed billions in their closet with the aim of buying votes will be denied that opportunity. “ https://www.vanguardngr.com/2023/01/naira-redesign-opposition-parties-urge-cbn-not-to-bow-to-pressure/ 3 Likes |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by dynicks(m): 11:05am On Jan 28, 2023 |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by Qatar2022: 11:05am On Jan 28, 2023 |
They should not ooo 1 Like |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by Abfinest007(m): 11:10am On Jan 28, 2023 |
Why was tinubu crying, if he got no plans to buy vote This policy was to target d greedy politicians but it affects d poor d most.for instance traders and others business men/women reject d old note when d new note is not available. |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by Psalmistproject: 11:17am On Jan 28, 2023 |
De-urchinization is the way. Tinubu is with and Against APC Vote Obi! 1 Like |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by phorget(m): 11:17am On Jan 28, 2023 |
Exactly my point, why would Tinubu think it's just him alone that is been targeted regarding the fuel situation and the new currency? Other aspirants including all Nigerians would also be affected so Tinubu should stop all the hullabaloo. 1 Like |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by Remijuice: 11:20am On Jan 28, 2023 |
It will affect everybody, especially the poor. Imagine being in the village; POS agents no longer accepting the old notes. The bike riders and Keke riders will not accept it. After trekking for several hours under the scorching sun ⛅ cause banks are not within your locality. Just to reach the venue and meet the bank crowded. Even if you manage to deposit it, no new money for you to go back with. People are really suffering in this country. For example, Enugu state. In the whole of Emene only First Bank. People living in Obinagu, Idodo, Owo, and Oruku. How do they get to the bank That's if you are banking with First Bank, if not, continue trekking to Holy Ghost. After this suffering, you people will always endeavour to vote. That's if you like o. If not stay there and be saying Mbaka said this one no be good person. This is just the beginning of una shege. For the IPOB folks, these ones no even get PVC. They are still waiting for their Biafra or death. And definitely, one of these things must surely happen. Cause if you no see Biafra you go surely see death. Rubbish!
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Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by PrinceOfLagos: 11:22am On Jan 28, 2023 |
Tinubu is the only one crying over the new naira redesign because he knows that he cannot win any election without bribing heavily . Atiku and Peter Obi aren't complaining about the new naira note, it is only Tinubu. The reason is because Tinubu knows that he will lose disgracefully if the January 31th deadline stands . 1 Like |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by Parachoko: 11:23am On Jan 28, 2023 |
phorget:Can you show your source where Tinubu said he is been targeted? |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by blazesam(m): 11:27am On Jan 28, 2023 |
It okay
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Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by phorget(m): 11:27am On Jan 28, 2023 |
Parachoko: What was his outburst in Abeokuta all about? Is Tilumbu not in the same APC showing us shege? |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by Viscuz: 11:29am On Jan 28, 2023 |
Parachoko: Your FFK talk am plain as day . Bola Ahmed no give APC data to dey make research ? |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by Parachoko: 11:31am On Jan 28, 2023 |
phorget:Show me evidence Tinubu said he is the one been target by the policy |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by Parachoko: 11:32am On Jan 28, 2023 |
Viscuz:Show me evidence Tinubu claim the CBN policy is been targeted at him |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by phorget(m): 11:36am On Jan 28, 2023 |
Parachoko: Keep waiting for evidence since you cant reason with your brain. |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by susrite(m): 11:36am On Jan 28, 2023 |
No backing down, although the masses would be affected but it's for a KY a few months... We will adapt to the new real cashless policy. Thank you Emefiele 1 Like |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by Parachoko: 11:41am On Jan 28, 2023 |
phorget:You're the person with a brain but do not make use of it You make a claim but have nothing to back up your claim. The joke is on you though Obi was caught with millions of naira in cash in Lagos while he was the Governor of Anambra State https://www.google.com/amp/s/www.vanguardngr.com/2009/07/gov-obi-in-the-web-of-n250-million-controversy/amp/ https://saharareporters.com/2010/01/11/two-hundred-and-fifty-million-naira-question-governor-peter-obi phorget: phorget: You claim Tinubu said the policy was targeted at him, show evidence Tinubu truly make such a claim What Tinubu said have just shown me I am making no mistake voting for Tinubu The Fuel Scarcity have been on for a while, Obi has been quiet one will think he is an APC member and also benefiting from what's happening. Asiwaju have shown he will always be on the side of the people by speaking up On Asiwaju Bola Ahmed Tinubu and Senator Kashim Shettima Mandate I Stand Gidigba
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Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by phorget(m): 11:49am On Jan 28, 2023 |
Parachoko: Since Obi was caught and you have the ”EVIDENCE” then what have you done about it? If Tilumbu outbursts in his Abeokuta rally isnt enough pointer to show that the policy is biting him hard then I wonder what evidence you still require of me. A Fulani man is dealing with all of us but your hatred for Igbos will only allow you to blame an igboman for a Fulani man crime. 1 Like |
Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by Parachoko: 11:52am On Jan 28, 2023 |
phorget:Nah so una talk say the Fulanis won't let Asiwaju get the APC ticket, he eventually shamed all of una, so am not bothered about what bitter people like you say. Asiwaju is always ahead of bitter people like you Asiwaju will win the Feb 2023 Presidential Election.
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Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by Viscuz: 12:51pm On Jan 28, 2023 |
Parachoko: Omo ale kilode?
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Re: Naira Redesign: Opposition Parties Urge CBN Not To Bow To Pressure by Tinubuagbado: 12:53pm On Jan 28, 2023 |
Parachoko: Tilumbu has lost the election and he knows but he's only deceiving you urchins. Shameless suffering pig. 1 Like |
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