Violent protests in states over Naira swap policy sad – Tinubu
The presidential candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu, has expressed sadness over the violent protests that rocked some states in the country on Wednesday over the Naira redesign and swap policy of the Central Bank of Nigeria (CBN). Tinubu, in a statement he personally signed, said that he felt the pains […]
Asiwaju Bola Tinubu
The presidential candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu, has expressed sadness over the violent protests that rocked some states in the country on Wednesday over the Naira redesign and swap policy of the Central Bank of Nigeria (CBN).
Tinubu, in a statement he personally signed, said that he felt the pains of Nigerians, but called for calm.
Part of the statement reads, “I am saddened by reports of violent protests in parts of our country today especially in Delta, Oyo, Kwara and Edo states. In Delta, there were reports of arson and destruction of bank branches.
“I sympathise with all Nigerians who are going through the pains of not being able to get money from banks and ATM points to meet their basic daily needs. I also sympathize with the banks for being victims of the CBN currency redesign policy.
- FEC okays $53.13m, N2.13bn for power projects in Borno, others
- Naira crisis: FG, states consider out-of-court settlement
“Be rest assured that this phase will soon pass away as our governments at both the federal and state levels are working to surmount the current challenges. With the Supreme Court reaffirming its order of 8 February on monetary authorities to allow the old and new Naira notes to circulate together, I believe a solution is right on the way and the scarcity of Naira notes will soon be over.
“I am happy to note the various measures being put in place by many of our Governors to cushion the effect of the scarcity of Naira on households. I want to appeal to our young people not to take law into their hands through destructive protests. We feel your pains and frustration but destroying lives and properties will not solve any problem. Rather, it will only complicate the crisis we have on our hands.”