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Home HEADLINES Ex-APC presidential aspirant, Udeogaranya, counsels FG against new Naira notes release before...

Ex-APC presidential aspirant, Udeogaranya, counsels FG against new Naira notes release before 2023 election

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Udeogaranya also urged FG to ensure taxes, revenues, market levies  and  other levies are restricted to electronic platforms until after 2023 elections

By Kehinde Okeowo

A former All Progressives Congress (APC) presidential aspirant in the 2019 elections, Charles Udeogaranya, has advised the federal government to delay the release of redesignated Naira notes until after the 2023 general elections.

Udeogaranya who believes making the money available before the election will spell doom, argued that politicians will corrupt bank officials and mop up the new currencies and will only release them on the eve of the elections for vote buying. 

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According to him, this will defeat the essence of the Central Bank’s policy and also affect the credibility of the 2023 general elections. 

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The politician further suggested that the FG should rather encourage Nigerians to participate more in the use of electronic transaction platforms and improve the infrastructure that supports e-transactions.

He pointed out that Nigerians who brought old notes before stipulated deadline, should only have their accounts credited with the same value and without an option of cash withdrawals exceeding ten thousand Naira daily, until after the 2023 general elections.

Udeogaranya urged the federal government to enforce the collection of taxes, revenues, transport levies, market levies and all other levies through electronic platforms until after the 2023 general elections.

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” The inability of Nigerians to vote for their conscience in the electoral system is the primary reason politicians do not hold  any regard for Nigerians or the needs of the people, after buying their way into Government House.“ Udeogaranya added. 

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