Presidential candidate of the Labour Party, Peter Obi, has described the Naira currency note redesign as an exercise that will come with numerous economic benefits in the future and called on Nigerians to show understanding with the government.
A statement on Mr Peter Obi’s verified twitter handle, @PeterObi, said the policy is not peculiar to Nigeria alone,descrubing it as an exercise that comes with some inconvenience and pain but one with significant longterm economic and social benefits.
Obi appealed to Nigerians to bear with the Central Bank of Nigeria and Federal Government as he expressed hopes that the general populace and Nigeria will harvest the gains of the reforms.
The statement read; “The currency redesign is not peculiar to Nigeria. It is an exercise that comes with some inconvenience and pain but it has significant longterm economic and social benefits. Even though there are improvements that can be made,
“I urge Nigerians to bear with the CBN and Federal Government with the hope that the general populace and Nigeria will harvest the gains that will come with the reforms.
“We equally implore the CBN and the banks to expedite efforts to make the new currency available to small depositors and the unbanked in order to reduce the pains of my fellow Nigerians, especially the underprivileged and those living far away from banks in the rural areas – PO”
