Redesigned Naira: This Is The Only Way To Explain The Situation – Adamu Garba Accuses CBN Of Sabotaging Tinubu Candidacy

A former All Progressives Congress (APC) presidential aspirant, Adamu Garba, has claimed that the redesigned naira and cashless policy was initiated by the Central Bank of Nigeria to sabotage the candidacy of the party’s flag bearer, Bola Tinubu

Naija News reports that various individuals, including Tinubu have claimed that the CBN policy was designed to stop him from becoming the next president in the country.

However, CBN has said that that their policy is not targeted at a anybody.

Speaking on the situation via a tweet, Garba argued that the only way to explain the situation is that the apex bank is after the APC flag bearer.

Garba Wrote: “No matter how you want to see it, this CBN naira redesign introduced within the election period is a plot to stop Bola Ahmed Tinubu from becoming the President of Nigeria.

“How else can you explain this provocative action within this period? How? By Allah, this plot too shall fail!”

Old Naira Notes Must Not Return To Circulation

Former Kaduna Central lawmaker, Senator Shehu Sani has advised that the old naira notes should not be allowed to return to circulation on or before the February 25 presidential election in Nigeria.

The former Senator opined that if the notes are allowed to return to circulation on or before the 25th of February, Nigerians can wave goodbye to credible elections due to the level of poverty in the country.

Speaking amidst the cash crunch and the legal battle between the federal government, the Central Bank of Nigeria (CBN), and some state governments on the validity of the old naira notes as legal tenders, Senator Sani cautioned in a statement via his Twitter account on Wednesday that the stashed old notes should not be allowed to be shared on or before the 25 of February.

He wrote: “With the level of poverty in the country, forget about credible elections if the stashed old notes are allowed to be shared on or before the 25th of February.”