By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Currency Redesign: Gov. Wike reacts to CBN policy on withdrawal

Last updated: February 3, 2023 11:49 pm
3 years ago
Share
3 Min Read
aitlive 7 2
Rivers State Governor Nyesom Wike

Rivers State Governor Nyesom Wike has condemned the new currency design as well as the accompanying policy limiting the amount Nigerians can withdraw from their banks; saying that the policy has been designed to bring untold hardship to Nigerians

Contrary to claims in some quarters, Governor Wike says the new policy is not about politicians, fighting corruption, or vote buying; but an anti-people policy that will bring about more suffering in the country. 

Speaking at a PDP rally in Okrika Local Government Area, Governor Wike wants President Buhari who will be leaving office in a few months’ time to have a second thoughts about the policy, as it’s also capable of worsening the security situation in Nigeria.

Buoyed by the support from the people who are happy with the wonderful work Governor Nyesom Wike has done over the last seven and a half years, the Rivers State PDP campaign trail on Thursday made a stop in Okrika Local Government Area of the state.

Also Read: Give me 7 days for major decision on currency redesign, Buhari tells Nigerians

In a local government area that has been a stronghold of the PDP since 1999, the people demonstrated this fact in 2019 when they strongly resisted military men who had come to hijack their votes.

The Wike administration has, on its part, repaid its loyalty with projects and various empowerment programs.

Thursday’s rally saw proud sons and daughters of the Wakrike nation led by their traditional rulers pour out in their numbers to pledge their votes to the Governorship candidate of the PDP Sim Fubara and other State and National Assembly candidates.

Not mentioning any name, Governor Nyesom Wike says any presidential candidate who thinks he can do without Rivers State will fail in their quest.

But, the Governor is more disturbed by the recent currency re-design and the harsh withdrawal policy that has come with it.

He says the policy is only aimed at worsening the hardship being suffered by the majority of Nigerians.

The Governor says all those behind the anti-people policy do not mean well for the president and the country.

The Rivers State Governor is therefore pleading with President Muhammadu Buhari to have a second thoughts about the policy as it will only plunge the country into more crisis.

He also wants the President to see his last few months in office as an opportunity to do something good for the majority of Nigerians going through a lot of hardship.

(Editor: Hadiza.A.A)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • President El-Sisi Lays Wreath at Memorial and Tombs of Presidents Sadat & Nasser October 5, 2025
  • Africa Resilience Forum 2025: Development leaders call for high-quality border infrastructure to facilitate free movement of goods and people October 5, 2025
  • African Development Bank and JGC Corporation sign agreement to advance use of sustainable aviation fuel and Africa’s green aviation agenda October 4, 2025
  • African Development Bank Group and Niger sign $144.7 million agreement to boost energy access, economic competitiveness and resilience October 4, 2025
  • TotalEnergies, Chevron Push for Faster Permits, Better Seismic Data in Africa October 4, 2025

Trending

aitlive 9
Breaking: INEC admits glitch in results transmission as Court Reserves Judgement In Atiku’s Petition Against Tinubu, electoral body
2023 Elections Headlines
aitlive 1 19 1
Nigeria Air: MD Confirms Unveiled Aircraft Was Hired Ethiopia Flight
Local
LABOUR PARTY
Breaking: LP And Presidential Candidate, Peter Obi, Get Court Permission To Inspect Forensic Materials
2023 Elections
AIT-IMAGES - US House Republicans
US House Republicans authorize Biden impeachment inquiry
World
PETER OBI
Drama in court as judges order Peter Obi’s legal team to go home
Headlines

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?