If you elect me, nobody will lose a kobo because of naira policy — Atiku

The presidential candidate of the People’s Democratic Party, PDP, Atiku Abubakar, has said the naira redesign policy of the Central Bank of Nigeria, CBN, is hurting the masses, assuring that if elected president nobody lose his legitimately earned money as a result of the naira redesign policy.

DAILY NIGERIAN reports that the former vice president had on February 1 asked the apex court not to extend its February 10 deadline for the phasing out of old naira notes, citing gang up to frustrate the implementation of the cashless policy by some anti-democratic elements.

But in a twist on Sunday, Mr Abubakar, who wrote on his verified Facebook page, urged the CBN to, as a matter of urgency, allow commercial banks to join the CBN in the collection of the deposits of old N500 and N1000 notes.

“The CBN currency policy is hurting ordinary citizens and those who legitimately earned their money. The apex bank should, as a matter of urgency, allow commercial banks to join the CBN in the collection of the deposits of old N500 and N1000 notes.

“The new currency should be immediately made available in sufficient quantities to alleviate the suffering of the masses. I assure you that when we come to power by the mandate of your votes, the PDP administration will not allow any Nigerian who legitimately earned their money to lose a single kobo of it. You can take that promise to the bank because our aim is to create prosperity and not to impoverish our people,” he said.