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‘Tinubu criticism of naira policy out of sympathy for the masses’

by The Editor
14th February 2023
in Politics
0

By Jubril Bada

|

Chairman, Inter-Party Advisory Council (IPAC) in Ondo State, Mr. Adesanya Olagunwa, has said that  criticism against new naira notes policy by the presidential candidate of the All Progressives Congress,(APC), Asiwaju Bola Tinubu was an indication of his focus to relieve Nigerians of hardship occasioned by the  policy.

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He commended Tinubu for having sympathy for masses as a result of hardship caused by the new policy.

Olagunwa stated this in an interview with The Hope.

He said that APC candidate was not silent as he continues to criticize Federal Government due to the hardship occasioned by the scarcity of new naira in spite of his presidential ambition.

“With this, it is now known who is ready among the candidates to relieve us of hardship in the country,” he said.

Recall that Tinubu, said he was not against the decision of the Central Bank of Nigeria (CBN) to redesign the naira and the drive towards a cashless economy, contrary to insinuations, but was only against the disruptive implementation of the policy.

Tinubu, stated that the past few weeks had been challenging for Nigerians, especially small and medium scale enterprises (SMEs), the poor and vulnerable masses and those whose survival depended on daily cash transactions, saying they have felt the brunt of the combined problems of scarcity of fuel and scarcity of the new naira notes.

The former governor of Lagos State said he felt the pains of market women and artisans who had experienced low sales because customers did not have cash to make purchases.

He added, “We hear the loud cries of farmers in rural areas and hinterlands who have been forced to sell their produce at much lower prices so they don’t lose out completely. We hear every Nigerian dealing with the consequences of the roll-out of the cash swap programme.”

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