Atiku urges Buhari to avoid using Nigerians as scapegoats for the poorly executed naira policy

President Muhammadu Buhari’s administration has been warned not to use Nigerians as scapegoats in the “ongoing battle of titans over the redesign of the naira,” according to Democratic Party presidential front-runner Atiku Abubakar.
In a statement released on Tuesday in Abuja by his media assistant, Mr. Abubakar made the appeal.

He claimed that Mr. Buhari’s administration had a responsibility to act quickly to ensure that banks did not become roadblocks to “the well-thought-out policy of naira redesign.”

According to the intelligence the federal government is believed to have received regarding suspicions that some presidential candidates may have stashed billions of naira as a war-chest for vote-buying, the statement said, “It is commendable that the federal government has rather preferred to work behind the scenes.

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The former vice president bemoaned the widespread anxiety brought on by banks’ subpar implementation of the naira redesign policy.

“Businesses and smallholder enterprises that depend on cash are all currently in severe distress. In order to prevent the economy from collapsing, this needs to be addressed immediately, he insisted.

Mr. Abubakar claimed that on January 28, he had made a significant intervention regarding the redesign of the naira, urging the government and the CBN to take the challenges the general public was facing into consideration when adjusting the deadline.

He reiterated that there was poor management of the policy. According to him, the inadequate implementation of the policy has led to millions of Nigerians becoming hopeless and desperate.

The presidential candidate continued, “In recent weeks, social tension has increased throughout Nigeria as a result of the inadequate management of the redesign of the naira policy.