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Wike queries sincerity, implementation of CBN Naira swap policy

Last updated: February 15, 2023 1:35 pm
3 years ago BY IDEGBOR OBIAKHEME
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aitlive - Nyesom Wike
Nyesom Wike

Rivers State Governor, Nyesom Wike, says the shoddy implementation of the Naira swap policy by the Central Bank of Nigeria, CBN, is political and has worsened the living condition of the poor in the society.

The governor stressed that the essence of government and its agency, such as CBN, is not to inflict hardship on the masses but to cushion it.

Speaking when he was presented the notification of his nomination for the award of the “Independent Man of the Year 2022, by the management team of the Independent Newspapers, Governor Wike noted that Nigerians are not necessarily opposed to the redesign of the N1000, N500 and N200 notes but are more concerned about the implementation of the policy and the hardship it has to inflict on the masses.

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

The Managing Director and Editor-in-Chief of the Independent Newspapers, Steve Omanufeme, presented the Rivers State Governor Nyesom Wike a letter, nominating him for the award of the “Independent Man of the Year 2022.’’

The newspaper outfit said it decided to nominate the Rivers State Governor for the award, because of his dogged fight for justice, equity, and fairness. 

Contrary to claims in some quarters, Governor Wike says the Naira swap policy will not curb corruption or stop vote buying.

The Rivers State governor also warns the media not to be indifferent to the prevailing situation in Nigeria, saying that it has a very important role to play in the people’s quest for justice and equity.

(Editor: Ifeanyi Mark)

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