Buhari

Sack Emefiele, reverse redesign policy now — PRP challenges Buhari

The Peoples Redemption Party (PRP) has advised the federal government to change its decision on the naira redesign policy, which has caused hardship and pain to the people of the country.

The opposition party revealed how the people have found it difficult to assess their own money saved in the commercial banks.

The political party called on the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to tender his resignation from office.

The national chairman of the party, Alhaji Falalu Bello, made this revelation while presenting the manifesto of the party to newsmen in Abuja on Friday.

Bello added that any economic policy which makes it difficult for the people to get their own money is not a good one.

“Any policy that denies citizens the access to their money is not good and is not a good policy. It (the Naira Redesign Policy) is a man-made crisis which is avoidable. We ask the President to tell the CBN governor to return our money. Although President Muhammadu Buhari has just about three months to leave office, history beckons him to take for Nigeria masses some important decisions that will ease their livelihood, make lives more meaningful and begin to address corruption in the land which has made lives unbearable.

“An exercise that withdraws over N2 trillion and print only N300 billion with the result that people don’t have access to their legitimate credit balances and have not been given new currencies in place of the old ones they deposited is most certainly wrong, inhuman and could be said to be illegal as it does not pass the reasonable standard test put in the CBN Act of 2007.

“We therefore ask President Muhammadu Buhari to immediately instruct the CBN governor to return to Nigerians the old currencies he has caused them to deposit with Nigerian banks and allow those old currencies remain legal tender until the CBN prints enough currencies to replace new ones. This minimal, Nigerians expect of Mr President to ameliorate the hardship that ordinary Nigerians have been put into by the currency exchange of CBN Governor Emefiele. For the failure of this policy which made and still making Nigerians suffer, we ask that the CBN governor honourably resign failing which the President should fire him, the national chairman said.

Bello made a presentation of a 34 page manifesto which was titled ‘Compact With The People: Manifesto Of The PRP For 2023 Election’.

He said the manifesto will resolve the problems the country is presently going through under the government of the APC.

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