HomeCover StoriesWhat I will do to Naira redesign policy if elected —Kwankwaso

What I will do to Naira redesign policy if elected —Kwankwaso


Related stories

Super Eagles will redeem image in next game, Iwobi assures

Midfielder Alex Iwobi says the Super Eagles are eager...

Armed robbers attack comedian Woli Agba

Armed robbers invaded the residence of Ayo Ajewole, a...

Real reason Ronaldo snubbed Man United’s pre-season – Georgina Rodriguez opens up

Cristiano Ronaldo’s partner Georgina Rodriguez has opened up on...

Convocation: 246 graduates in UNN bag first-class degrees

Prof Charles Igwe, the Vice-Chancellor of the University of...

Football enthusiasts call for more work on Eagles’ defence

Some football enthusiasts in Enugu on Friday urged the Super...

The presidential candidate of the New Nigeria People’s Party (NNPP), Rabiu Musa-Kwankwaso, has vowed to reverse the naira redesign policy of the Central Bank of Nigeria (CBN).

The NNPP candidate also promised to tackle insecurity and poverty if elected president in next Saturday’s presidential election.

Kwankwaso made this vow while addressing supporters in Funtua, Katsina State, on Tuesday. 

He said he would allow Nigerians with the old 200, 500, and 1,000 naira banknotes to deposit them in the banks.

According to him, implementing the apex bank’s policy in a country like Nigeria, where 133 million citizens are poor and the nation’s economic situation is a recipe for crisis, would further put more Nigerians in abject poverty, hunger, and untold hardship.

He noted that the policy was targeted at tormenting “poor Nigerians.”

Kwankwaso said his prospective government would end the naira redesign policy and allow Nigerians to deposit the old naira notes in their respective banks.

He said, “We were told that 133 million Nigerians are poor, but they introduced a naira-redesign policy at this critical period of the election.

“This policy has brought calamity, suffering, hunger, and poverty to many poor Nigerians.

“But if you elect me as president of this country and other NNPP candidates, we agreed to end the policy and allow you to take all your old naira notes to banks for deposit and other transactions.

“We at the NNPP plan to provide Nigerians with good governance, restore peace, address insecurity, and improve the economy.”

“Nigerians, especially those in Katsina State and other northern states, have suffered enough. We are on a rescue mission.”

Kwankwaso added that the NNPP has the political wherewithal to end insecurity across Nigeria, rebuild the country’s economy, and create job opportunities for the teeming unemployed youths in the country.

He promised to recruit more security personnel to fight the upsurge of insecurity and revamp the nation’s educational sector for meaningful development to thrive.


- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories


Please enter your comment!
Please enter your name here