‘Kidnappers Are On Break, Bandits On Holiday’, Ngige Lauds Naira Redesign

0
268

The Minister of Labour and Employment, Chris Ngige says the naira redesign policy of the Central Bank of Nigeria (CBN) achieved some “sound benefits” as it curbed insecurity and vote buying during the 2023 general elections.

Ngige said, “The policy is not smooth in its implementation. I admitted that. But whether it is a good policy? Yes, it is a good policy.

READ ALSO: Assault: Police give Portable 72-hour ultimatum to report self

“It wasn’t smooth; it came with some pain but overall, did we get some sound benefits from it? Yes, we did: people didn’t buy votes on the line (queue) during the elections.

- Advertisement -

“I used to go for elections and I know what I see. There was no cash exchange for votes. It wasn’t easy anymore. Kidnappers are on break, they are strike so to say or recess. Bandits, they have also gone on holidays.”

- Advertisement -

On the shelved strike by the Nigeria Labour Congress (NLC), the minister said the apex bank has released cash into the society and that the pain experienced by Nigerians will ease off in the days to come.

- Advertisement -

We do everything possible to supply quality news and information to all our valuable readers day in, day out and we are committed to keep doing this. Your kind donation will help our continuous research efforts.

-Advertisement-

-Want to get the news as it breaks?-

- Advertisement -