The minister for works and housing, Babatunde Raji Fashola has called on the Central Bank of Nigeria to review its naira redesign policy as it is already begun to cause hardship for Nigerians.
Fashola made this appeal on Wednesday, February 1 during an Instagram live on a talk show program hosted by Morayo Afolabi-Brown.
The former Lagos state governor said:
“I feel sympathy for the Nigerian people and what they have had to go through. Sometimes policies play out like this in the process of implementation, sometimes it all ends well and sometimes it calls for reconsideration and review.”
Fashola stated that though the CBN’s actions were within the ambience of their independent statutory obligation; they should have considered the side effect on Nigerians should have been properly envisaged and tackled before it resort to chaos.
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While reflecting on Tinubu’s comment over the policy, the former Lagos state governor said the APC presidential candidate was talking from the human angle point of view and expressing his plight for the people, TheCable reported.
Fashola said Tinubu deserves kudos as his strong voice played a major role in the extension of the deadline by CBN.
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“All the credit must go to our candidate being one of the first strong voices, the first voice out of the candidates to speak out in Abeokuta.”
He, however, dismisses the notion that Tinubu’s comment in Abeokuta was an indirect jibe at President Muhammadu Buhari which became a major trend in the news that both men were at war.
Fashola stated Tinubu was never against the redesigning of the naira, rather he was only saying that the situation was hurting the masses, hence, there’s a need for a review of the policy.
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