Naira redesign: Deji Adeyanju reveals those being targeted in 2023

Deji Adeyanju, a well-known sociopolitical activist, claimed on Tuesday that the Central Bank of Nigeria’s (CBN) redesigning of the naira was directed at the opposition political parties.

With elections coming up, according to Adeyanju, the CBN policy makes it challenging for the opposition to move money.

When asked if the new policy would lessen vote-buying in the elections of 2023, Adeyanju responded, “It won’t. Politicians can always find a workaround for these issues.

Naira redesign: Deji Adeyanju reveals those being targeted in 2023

Naira redesign: Deji Adeyanju reveals those being targeted in 2023;

He also described those who stashed the naira away as heartless animals.

According to Adeyanju: “Heartless animals refused to help the poor, but Emefiele forced them to bring out all the money.

“The redesigning of the naira looks like it’s targeted against opposition political parties because once money goes into the system, it’s the government that determines how much you can get out of the system.

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“Yes, it’s a fantastic idea of boosting the economy, knowing that so many looters have physical cash in their hands, so we can now see how smart it is for CBN to have taken such initiative.”

He, however, cautioned against the rush to implement the new policy, which starts in December. Adeyanju said CBN should wait till the 2023 elections are over before implementing the new policy.

“I do not see the urgency and the spread right before the election. It’s even advisable for CBN to show goodwill by letting the policy take effect after the election, so it’s not seen as a political thing.

“This will show transparency and that they are not targeting anyone, and they are not available to be used as a willing tool by the incumbent party against the opposition. It’s a fantastic approach, but the CBN should wait to clean up and release the new notes until after the elections, he continued.

Deji Adeyanju reveals those being targeted in 2023

The distribution date for the newly designed naira notes was scheduled by the CBN for December 15, 2022. N100, N200, N500, and N1000 notes would be released, according to CBN Governor Godwin Emefiele.

Following the revelation by the top bank, the Economic and Financial Crimes Commission, or EFCC, claims it is keeping an eye on the residences of three State governors. The EFCC thinks the governors had money hidden in their homes.

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