Sunday, September 24, 2023

Obasanjo’s Position On The New Naira Policy And What He Told Buhari, According To Femi Adesina

Olusegun Obasanjo, a former president, endorses President Muhammadu Buhari’s administration’s New Naira Policy.

Femi Adesina, President Buhari’s special adviser on media and publicity, said this in a statement.

He states that on February 10 at the council of state meeting held in the state house in Abuja, Obasanjo approved of the policy.

He cited Obasanjo as saying that the approach was sound and would minimize kidnapping and corruption while bringing sanity to Nigerian elections.

The former President was also said to have predicted that there will be resistance to the change which is normal but called for a good implementation of the policy.

“Change was necessary from time to time, and resistance to change is normal,” Obasanjo was quoted to have said.

The former president added that the policy would bring a “little bit of sanity into our elections and have a salutary effect on kidnapping and ransom taking, and corruption will be substantially reduced”.

“The naira change policy is good, but implementation is the issue. If there’s inadequate supply, let’s have more. If there are unscrupulous people sabotaging the policy, let’s deal with them.

“I’ve experienced currency change at least more than half a dozen times. When we increased feeding In universities from 50 kobos to N1, it led to the ‘Ali Must Go’ riots. Resistance to change is normal, and people will always support, oppose, or be neutral,” Obasanjo said.


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