Why I’ll Reverse Naira Redesign Policy If Elected – Kwankwaso

The presidential candidate of the New Nigeria Peoples Party (NNPP), Rabiu Kwankwaso, has promised to reverse the naira redesign policy of the Central Bank of Nigeria (CBN).

Addressing supporters in Funtua, Katsina State on Tuesday, Kwankwaso said he would reverse the CBN policy because it was targeted at making poor Nigerians suffer.

The former Governor of Kano State stated that he would allow Nigerians to deposit the old 200, 500, and 1,000 naira banknotes in their respective banks and not ban them.

He asserted that the policy of the apex bank if not reviewed would further put more Nigerians in abject poverty, hunger, and untold hardship.

The NNPP flagbearer said 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 a crisis.

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

The NNPP candidate also promised to tackle insecurity and poverty if elected president in the forthcoming presidential election.

Kwankwaso also promised to 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.