Why Buhari Brought Idea Of Naira Policy- El- Rufai

The All Progressives Congress (APC) sought to lose the elections in 2023, according to Nasir El- Rufai, the governor of Kaduna State, who said this on Monday. As a result, the idea to reform the naira was conceived.

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The Central Bank of Nigeria (CBN) was instructed by President Muhammadu Buhari to redesign the naira in accordance with the new strategy……..Continue Reading

El- Rufai claimed in an interview with BBC Hausa that APC Governors oppose the programme not because they are looking to buy votes but rather because it has brought about a tremendous deal of suffering for Nigerians.
” We evaluated this policy and the difficulty it caused individuals as well as the animosity Nigerians formed towards the APC, ” he said. ” Nigerians are blaming the APC and the people who presented the policy did it to make our party lose in the election. “
We looked at this policy, the difficulties it caused individuals, and the resentment Nigerians had towards the APC as a result of the APC being blamed for everything.
” After doing our inquiry, we came to the conclusion that the highest court’ s ruling— which specifies that both the old and new notes should be used until the case is over— should be followed.
Is it the first day that votes can be bought? Why wasn’ t the currency redesign done at the time of its introduction? Why now now? Second, is naira the only currency that can be used to buy votes? You can either buy it with dollars, euros, or sefa, or you can give the voters food.
” You have a few options for purchasing votes at your disposal. While money won’ t be completely absent from politics, its effect can be reduced.
” Even though money is being spent to buy votes, we are not against this method. I solemnly swear to God that we oppose it because we have observed how severely it harms people, not because it will affect the outcome of the elections.

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