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Naira Redesign Is Highly Political, To Increase Suffering Among The People – Governor Wike

Nyesom-Wike
Nyesom Wike

Governor Nyesom Wike has yet again relayed his thoughts about the Naira redesign by the Central Bank of Nigeria (CBN), Wike pointed out that the redesign policy is politically motivated and the citizens weren’t put into considering.

Wike made this known while receiving a letter of nomination on the award of ‘Independent Man of the Year 2022’ by the Independent Newspapers in Port Harcourt, Rivers state, on Tuesday, February 14. 

He is of the view that the unplanned implementation of the Naira swap by the CBN, increased suffering and worsened the living conditions of the poor masses in Nigeria.

The Governor said; 

“We are in a difficult situation now. It doesn’t matter what anybody may say. Nigerians are suffering now and as a people we owe that responsibility to cushion the hardship Nigerians are facing and not worsen the situation.

Nobody says, and let it be on record that there is nothing wrong with redesigning our Naira. What we are saying is the implementation will not help, rather it will aggravate the condition that people face, particularly the poor people.

The whole thing is being political, and that is not what it is supposed to be. You have also not made the new one available and then you have said we can’t collect the old one again. Now, you that even have money in the bank, you’re not allowed to even collect your money.

Wike also said that¬†those advocating that Nigerians should embrace internet banking have failed to take into cognizance the fact that vast majority of the citizens, particularly in the rural areas, don’t have bank account”.

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