Mr. Peter Obi Tells Nigerians Should Bear With Government Over Cashless Policy of CBN

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The Presidential candidate of Labour Party, Peter Obi, has asked Nigerians to bear with the government on the currency redesign policy the Central Bank of Nigeria (CBN) and it’s attendant challenges.

He said that the currency redesign is not peculiar to Nigeria and it is an exercise that comes with some inconveniences and pains but it has significant long-term economic and social benefits.

The former Anambra governor in a statement on Sunday, called on the CBN to expediate efforts to make the new currency available to small depositors and the unbanked in order to reduce the pains of fellow Nigerians, especially the underprivileged and those living far away from banks in the rural areas.

He said that even though there are improvements that can be made, he urged Nigerians to bear with the CBN and federal government with the hope that the general populace and Nigeria will harvest the gains that will come with the reforms.

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