Naira Redesign: “Heartless animals refused to help the poor, but Emefiele has forced them to bring out all the money” – Adeyanju

Human rights activist, Deji Adeyanju has expressed that the haste in the Naira redesign is targeted at the opposition party. He agreed that though the plan will help boost the economy, the haste on the policy only translates to a political agenda.

He also described those who stashed the naira away as heartless animals who refused to help the poor but have been forced to bring them out

According to Adeyanju: “Heartless animals refused to help the poor, but Emefiele has forced them to bring out all the money.

“The redesigning of the naira looks like it’s targeted against opposition political parties because once money goes into the system, it’s the government that determines how much you can get out of the system.

“Yes, it’s a fantastic idea of boosting the economy, knowing that so many looters have physical cash in their hands, so we can now see how smart it is for CBN to have taken such initiative.”

“I do not see the urgency and the spread right before the election. It’s even advisable for CBN to show goodwill by letting the policy take effect after the election, so it’s not seen as a political thing.

“This will show transparency and that they are not targeting anyone, and they are not available to be used as a willing tool by the incumbent party against the opposition.

“It’s a good policy; however, the ideal thing is for the CBN to wait until after the elections to mop up and release the new notes,” he added.