CBN policies, inflicting pains on Nigerians, says Adeyemi


By Sylvanus Tyoakaa Abuja

Smart Adeyemi, a senator representing Kogi West senatorial district, says the monetary of the Central Bank of Nigeria (CBN), is inflicting pains and untold hardship on ordinary Nigerians.
At a press conference on Saturday in Abuja, the lawmaker who described the policy as “heartless”, alleged that Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), was playing the script of some persons in Aso Rock.
He called on President Muhammadu Buhari to intervene to save ordinary Nigerians from the hardship they had been subjected as a result of the implementation of the policy.
Adeyemi also alluded to allegations that the currency redesign policy was aimed at truncating the electoral chances of Bola Tinubu, Presidential candidate of the ruling All Progressives Congress (APC) in February 25 polls.
He said ordinary Nigerians cannot meet their basic needs as a result of the difficulties in accessing the new notes.
Adeyemi urged Buhari to discard his request for seven-day grace to act and take urgent steps to address the situation.
He said, “I am in support of the need to change the currency, but I am not in support of the way and manner the whole process is being done. Many died because they had no cash to buy drugs, some died because of high blood pressure.
“The big men have cash in their houses. President Buhari’s seven-day is too long to effect a change. The pain is much. Every day is like a year for people to bear.
I was elected, I was not appointed.
“People are asking us, how will they pay money to get money? Artisans are dying on a daily basis”.
He called on the President to listen to Governor Nasir el-Rufai of Kaduna state, who in the last few days had been calling for a review of the time-frame for swapping old naira notes with the new notes.
He said, “The president should listen to us and not allow democracy to derail. It’s giving room for insinuations that they are doing this against a political party.
“What is the sense in giving out old notes and new notes not being given to you? The majority of Nigerians are still poor. Do you want people to keep dying?
“How do people survive on a daily basis? I am not in support of those who stole money. Go after them. I am speaking for the poor, the artisans.
“We have reason to believe that they are working against APC and Tinubu. People are frustrated.
“Mr President, thank you for your concern. But no woman in the labour room will survive another seven days of labour. “You have done your best, apart from insecurity that has beclouded your achievements.
“Those that surround you are hypocrites. The poor are shouting.
“This is the worst policy anyone can think of. Emefiele, Nigerians are cursing you. I know what people are going through.”


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