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Monday, May 29, 2023

Naira Redesign Policy Has Minimised Influence Of Money In Politics – Buhari

Ahead of next week’s presidential election, President Muhammadu Buhari on Thursday justified the Naira redesign policy of his administration, saying it has contributed immensely to the reduction of throwing money around in political season. 

The President also directed the Central Bank of Nigeria (CBN) to release old N200 notes into circulation to co-exist with new N200, N500, and N1,000 banknotes for 60 days. 

While also assuring Nigerians that the elections will go ahead as scheduled by the Independent National Electoral Commission (INEC), he also urged Nigerians to go out without fear and vote for anybody they want, saying security will be provided and their votes will count. 

Naira Redesign Policy

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He said: “Fellow citizens, on the 25th of February, 2023 the nation would be electing a new President and National Assembly members. I am also aware that this new monetary policy has also contributed immensely to the minimization of the influence of money in politics. 

“This is a positive departure from the past and represents a bold legacy step by this administration, towards laying a strong foundation for free and fair elections. 

“I urge every citizen therefore, to go out to vote for their candidates of choice without fear, because security shall be provided and your vote shall count. 

“I however admonish you to eschew violence and avoid actions capable of disrupting the electoral processes. I wish us all a successful General Elections.” 

 

Chinaza Ogbachalu
Chinaza Ogbachaluhttps://www.chinazaogbachalu.com/
My name is Chinaza Ogbachalu, and I am a writer. I have been writing news and opinion articles for five years plus and have always had a passion for storytelling. I grew up in Nigeria and graduated from the University of Port Harcourt, Nigeria, with a degree in linguistics and communication studies. I have written books that have been well-received by critics and readers alike. My work often focuses on culture and lifestyle, and I draw inspiration from my own experiences and observations of the world around me. As a news writer, I am responsible for researching and writing engaging and accurate news stories for our online audience. I have a strong passion for current events and am skilled at conducting interviews and gathering information from sources. I am grateful for the support of my readers and am constantly humbled by their enthusiasm for my work. Thank you for taking the time to learn more about me and my writing.
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