Naira: Conducting credible elections not CBN’s responsibility, says Oshiomhole

A former chairman of the All Progressives Congress, Adams Oshiomhole, has said that the Central Bank of Nigeria does not have any business with how elections are conducted in the country.

Oshiomhole said there was no section of the CBN Act that empowered the apex bank to oversee the conduct of free and fair elections, adding that the naira redesign policy purported by the CBN to curb corruption and vote-buying during the 2023 elections was “senseless”.

The former Governor of Edo State stated these on Sunday night while fielding questions on Channels TV’s ‘The 2023 Verdict’ monitored by our correspondent.

Details later…

Posted in

You may also like

Recent News

SUN VALLEY, IDAHO - JULY 08: Apple CEO Tim Cook arrives at the Sun Valley lodge for the Allen & Company Sun Valley Conference on July 8, 2025 in Sun Valley, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images)

Apple Smart Glasses 2027 Launch: Design Details Revealed

ADC releases updated convention committee list — Daily Nigerian

ADC Approves Updated Convention Planning Committee for 2026 National Convention

Hayatu-Deen joins ADC, cites economic hardship, democratic decline

Hayatu-Deen Joins ADC Amid Nigeria’s Economic, Security Crisis

Israel fumes over Netanyahu effigy blown up in Spain (VIDEO) — RT World News

Israel Condemns Spain Over Netanyahu Effigy Burning

Scroll to Top