“Your Naira Policy Unpopular”, House Committee Tells President Buhari
- Ado Doguwa said the new naira policy is putting the governing party, All Progressives Congress, at a disadvantage in the coming elections
- According to the lawmaker, a lot must be done to mitigate the suffering of Nigerians following the naira crisis
- He disclosed this after meeting with President Muhammadu Buhari over the suffering associated with the FG's naira redesign
The federal government must mitigate the suffering of Nigerians following the naira crisis. The call was made by the House of Representatives Ad-hoc Committee on new naira re-design and naira swap policy.
The committee met with President Muhammadu Buhari the suffering of Nigerians following the naira crisis.
House majority leader, Hon. Alhassan Ado Doguwa led the lawmaker to meet with the president over the suffering of Nigerians following the naira crisis.
Source: UGC
The lawmakers met with the president hours after his nationwide broadcast, where he declared that N200 banknotes circulate as legal tender with the new N200, N500, and N1000 banknotes for 60 days from February 10, 2023, to April 10 2023 when the old N200 notes cease to be legal tender.
PAY ATTENTION: Subscribe to Digital Talk newsletter to receive must-know business stories and succeed BIG!
The panel, in a statement, issued last night, by Doguwa, appreciated some of the good decisions by the President as contained in his national broadcast.
However, the panel insisted that a lot must be done to mitigate the suffering of the masses.
"The steps taken so far by Mr. President leave much to be desired. The policy is at this time very unpopular and is capable of creating a crisis in the country that could jeopardize the upcoming general elections.
" Mr. president may of course had good intentions in using the policy to tackle insecurity, reduce corruption and engender the global best practice in fiscal policy management but unfortunately due to wrong timing, and the work of some criminal elements in both the CBN and the commercial banks, Nigerians are left suffering."
Again, El-Rufai drops fresh bombshell, speaks about Buhari's cabinet members, others
Legit.ng reported earlier that The Kaduna state Governor, Nasir El-Rufai, expressed worry over the leadership capacity of some members of President Muhammadu Buhari's cabinet.
Governor El-Rufai said he no longer believes in the leadership quality of the people around President Buhari.
El-Rufai, in an interview, said while he still believes in the president, there are doubts concerning those who have surrounded him.
Source: Legit.ng
