Shehu Sani, Nwodo differ on currency swap policy | The Guardian Nigeria News - Nigeria and World News

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Civil rights activist and former Senator who represented Kaduna Central Senatorial District in the 8th National Assembly, Senator Shehu Sani, has lampooned the Federal Government over its cash swap policy

, saying thousands of Nigerians were facing excruciating hardship in accessing both the old and new notes to purchase essential commodities and also transact businesses.

Sani, in a statement in Kaduna yesterday said, “the redesigning of the national currency and the cash withdrawal policy introduced by the Central Bank of Nigeria Governor, Godwin Emefiele, was an economic disaster and a poisonous idea aimed at unleashing hardships on the masses of Nigerians.” “Nigeria is a developing country. Our economic experiments must take cognisance of the economic status of our people. If the Buhari administration really wants to target the few corrupt, it doesn’t have to wait this long and it doesn’t have to punish the poor. Emefiele set a forest on fire in the name of catching a few rats,” he added.

He queried: “Why didn’t the Buhari administration introduce the change of currency in 2019 and waited until 2023 if the CBN policy is about curbing vote buying?”Nigerians have been subjected to the multiple tragedies of struggling for money, searching for money, looking for money and scratching for money.

 

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