Former President Olusegun Obasanjo has backed President Muhammadu Buhari’s naira redesign strategy, which he recently announced.
Femi Adesina, President Buhari’s special adviser on media and publicity, said this in a statement.
According to him, Obasanjo approved the strategy during a council of state meeting on February 10 at the state house in Abuja.
He paraphrased Obasanjo as saying the program will bring rationality to Nigerian elections while also reducing kidnapping and corruption.
Naira Redesign: APC Must Accept Responsibility For Policy Failures — Atiku
The former President is also alleged to have anticipated that there will be opposition to the move, which is normal, but he urged that the program be implemented properly.
“Change was necessary from time to time, and resistance to change is normal,” Obasanjo was quoted to have said.
The former president added that the policy would bring a “little bit of sanity into our elections and have a salutary effect on kidnapping and ransom taking, and corruption will be substantially reduced”.
“The naira change policy is good, but implementation is the issue. If there’s inadequate supply, let’s have more. If there are unscrupulous people sabotaging the policy, let’s deal with them.
Redesigning Of Naira Notes Won’t Stop Kidnapping – Sheikh Gumi
“I’ve experienced currency change at least more than half a dozen times. When we increased feeding In universities from 50 kobos to N1, it led to the ‘Ali Must Go’ riots. Resistance to change is normal, and people will always support, oppose, or be neutral,” Obasanjo said.
Follow us on Facebook
Post Disclaimer
The opinions, beliefs and viewpoints expressed by the author and forum participants on this website do not necessarily reflect the opinions, beliefs and viewpoints of Anaedo Online or official policies of the Anaedo Online.