Senate President Godswill Akpabio has claimed that the intentions behind the redesigned Naira notes introduced by former Central Bank of Nigeria (CBN) governor Godwin Emefiele were to disrupt voting during the last general election.
Previously, Emefiele had announced the redesign of N200, N500, and N1,000 naira notes in October 2022.
He stated that the old notes would remain legal tender until January 31, 2023, which required citizens to exchange their old notes for the new ones before the deadline.
Emefiele’s objective was to facilitate the transition from a cash-based to a cashless economy, as a significant portion of the currency in circulation was not within the banking system.
Unfortunately, the unintended consequence of this policy was the hardship it caused for the citizens.
Akapbio asked Olayemi Cardoso, nominee for the position of CBN governor, and four deputy governor nominees for the apex bank, on the Senate floor on Tuesday if he would meddle in politics like his predecessor.
He didn’t say Emefiele’s name, but it was clear he was referring to him.
He said:
CBN Governor, will you uphold the integrity, steadfastness to resist when politicians come to you to join the presidential race and display your posters even as a sitting CBN Governor in political conventions?
Will you rush to display your profile electronically at political conventions while sitting as a governor because politicians have told you that you have enough money in CBN to do it?
Don’t forget the fact that the money in the Central Bank isn’t for you. Will you have the courage to resist the temptation to listen to politicians and throw your hat into the ring and go back to your office and sit as CBN governor?
Will you rush to sabotage the election in Nigeria by going for new notes, two days to the election when no country in the world changes new notes within one year, you do your own in 14 days or 11 to see how you can sabotage the election in Nigeria?
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