
John Alechenu, Abuja
The Presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar has joined calls for prevail on CBN Governor to extend Cash swap deadline.
Atiku appealed to the Federal Government and the Central Bank of Nigeria to reconsider the deadline to ease the suffering of ordinary Nigerians who are finding it difficult to exchange old currencies for new ones.
The PDP candidate made the appeal in a video posted on his verified Twitter handle @atiku, on Saturday.
He said, “The ongoing policy by the Central Bank of Nigeria to redesign the Naira has generated wide reactions across the country and beyond.
“This exercise is a world wide practice and therefore not anything new especially as the January 31st deadline draws closer, a great number of Nigerians out of good conscience have expressed apprehension about how the policy deadline will make life more difficult for Nigerians.
“The large number of unbanked Nigerians who do their business especially in rural areas will find it difficult almost impossible to meet up with the January 31st deadline to exchange their old bank notes with the redesigned currencies.”
He further said, “I’m aware of the challenges farmers and other artisans face with moving money to commercial banks for the conversion.
“On this note, I’m compelled to align my position the upsurge of demands for a small extension of the monetary conversion policy. The January 31st deadline is certainly going to cause heavy discomfort for our people.”
The PDP candidate explained that his appeal was hinged on the fact that he knows that the intention of the monetary policy was not to hurt the poor.
COMMENT: When did these politicians crying foul play Start caring about the poor? 🙄

SUBSCRIBE TO OUR NEWSLETTER NOW
Support MATAZ ARISING’ journalism of integrity and credibility.
Good journalism ensure the possibility of a good society, an accountable democracy, and a transparent government.
We ask you to consider making a modest support to this noble endeavour.
TEXT AD: To advertise here – Email ad@matazarising.com
LATEST POSTS
-
What Makes an Effective President? Reflecting on President Tinubu’s Leadership

MaTaZ ArIsInGDallas, Texas By Idowu Ephraim Faleye Every election season, Nigerians passionately debate who deserves to lead the country. We argue over certificates, age, wealth, popularity, ethnicity, political party, and campaign promises, yet we often overlook the one quality that may matter most: No president can personally run the economy, defend the nation, build roads,…
-
How passenger’s ‘refusal’ triggered viral airport confrontation — Officials

MaTaZ ArIsInGDallas, Texas Airport officials have provided their account of the viral confrontation involving Progress Oberiko at Osubi Airport, Okpe Local Government Area of Delta State, following the passenger’s allegations of harassment and attempted extortion, which sparked widespread public reaction and prompted the Federal Airports Authority of Nigeria (FAAN) to order an investigation. Oberiko, travelling on…
-
How Buhari’s Govt Fuelled Banditry and Kidnapping — Ex-DSS Director Reveals

MaTaZ ArIsInGDallas, Texas Former Director of the Department of State Services (DSS), Dennis Amachree, has blamed the administration of late former President Muhammadu Buhari for the worsening insecurity that gripped Nigeria during his years in office. Presidential election coverage Amachree made the claims in his newly released book, “DSS@40: My Journey Behind the Shield,” where…

