The CBN Governor had no business redesigning the naira, he owes Nigerians a resignation from office – Sowore

Presidential candidate of the African Action Congress, Omoyele Sowore has expressed that the policy to redesign the Naira will only make kidnappers and terrorists demand foreign currencies as ransome

He described the policy as a senseless one. Sowore said the CBN Governor had no business redesigning the Naira but owes Nigerians a resignation

When asked if the policy would reduce kidnapping and insecurity generally, Sowore said: “Of course no, kidnappers would merely switch to demanding foreign currency as most of the high profile ones already do now.

“It is a senseless policy. The CBN Governor had no business redesigning the naira, he owes Nigerians a resignation from office.”

Sowore also reacted to the Arabic inscription controversy. According to him; “It doesn’t matter to me what’s inscribed on the naira as long as it is strong in terms of purchasing power.

“If you like inscribe Swahili on it or Japanese, these are mundane issues.”