Dumebi Kachikwu, the African Democratic Congress (ADC’s) presidential candidate, has derided the Central Bank of Nigeria’s (CBN’s) new N100,000 per week withdrawal policy, claiming it will harm the general populace and go into effect on January 9, 2023.
He claimed that the Federal Government, led by the All Progressives Congress, APC, had run out of options for saving the economy and that the new policy was a hoax on Nigerians.
His words: “The APC Government continues to wag the dog and unfortunately most Nigerians fail to realize they are being scammed.
“The Nigerian economy has collapsed and instead of admitting that they have ran out of solutions, they continue to deceive the gullible public.
“I have always maintained that the redesign of the naira was a gimmick meant to cover up the collapse of the naira. They are deceiving Nigerians that it is about elections and most Nigerians are buying it but it is not true.
“Nigerians should study what happened in Lebanon, Greece, Zimbabwe, and Venezuela and understand how failed governments restrict cash withdrawals to slow down the collapse of the economy. This is the same thing the APC government is doing.”
Oyewole Adeyeye, the Chief Justice of Ekiti State, passed away at the age of 64,…
The management of Masters Energy Group has denied importing fake or expired rice and circulate…
Neymar had to leave Monday's Asian Champions League Elite game because of an injury, but…
After being guilty of providing information to Ukraine, an engineer at a Russian tank manufacturer…
In the Egbelu Mgbaraja, Obio/Akpor LGA, Rivers State, a two-story building that was still under…
On a trip from Kebbi State to Asaba, Delta State, five passengers were kidnapped by…