Nigerians React As Peter Obi Backs CBN Naira Redesign Policy
Fred Omotara, Lagos
Some Nigerians have lambasted the Presidential candidate of the Labour Party, Mr. Peter Obi for backing the Central Bank of Nigeria (CBN) Naira Redesign Policy.
Recall that Mr. Obi, in series of tweets on Sunday called on Nigerians to bear with the CBN and Federal Government over the Naira Redesign policy, stating that he hoped that the general populace and Nigeria will harvest the gains that will come with the reforms.
However, reacting to the tweets of the Labour Party presidential candidate, one Adewole Adebayo ESQ said that, “@PeterObi, You are wrong to back this extremely callous exercise which has caused unnecessary suffering and deaths already.
“Those of you who assume that this inhumanity of @MBuhari and CBN will confer political advantages on you, be prepared for sorry tales soon. Naira swap needs no chaos.”
Also reacting to Peter Obi’s tweet, another Twitter user, Daniel Regha said, “Peter Obi, if the naira scarcity was affecting your campaign tours or posed a threat to your 2023 presidential ambition, you will not be defending the CBN;
“Man-up & speak the truth to power for once. Nigerians are frustrated due to the scarcity but you are playing politics? That’s awful.”
Mr. Peter Obi had earlier stated that the currency redesign policy is not peculiar to Nigeria.
In the words of the Labour Party presidential candidate, “The currency redesign is not peculiar to Nigeria. It is an exercise that comes with some inconvenience and pain but it has significant long term economic and social benefits. Even though there are improvements that can be made.
“I urge Nigerians to bear with the CBN and Federal Government with the hope that the general populace and Nigeria will harvest the gains that will come with the reforms.
“We equally implore the CBN and the banks to expedite efforts to make the new currency available to small depositors and the unbanked in order to reduce the pains of my fellow Nigerians, especially the underprivileged and those living far away from banks in the rural areas.”