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FG Distances Self From Naira Redesign, Warns CBN Of Consequences - Politics - Nairaland

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FG Distances Self From Naira Redesign, Warns CBN Of Consequences by Azeemokoya: 12:32pm On Oct 29, 2022
Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed, has distanced herself and the FG from the proposed naira redesign.

The planned redesign had been announced by the Central Bank of Nigeria governor, Mr. Godwin Emefiele, over 48 hours ago.

The Minister, who disowned the policy, stated that it does not receive the blessing of the Ministry of Finance. She also warned of the dire consequences if the CBN goes ahead to implement the redesign policy.

Ms. Ahmed, on Friday, spoke on the policy when she appeared before the Senate Committee on Finance for the 2023 budget defence of the ministry. While responding to questions from Senator Michael Opeyemi Bamidele representing Ekiti Central Senatorial district, she maintained that the policy may be good, but coming at the wrong time.

Opeyemi said the pronouncement may have triggered a rise in naira to US dollars in terms of value. He stated that naira has jumped from N740 to N788 to a US dollar due to rush in exchange of stashed funds.

https://newsroundtheclock.com/fg-distances-self-from-naira-redesign-warns-cbn-of-consequences/

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Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by chosengocap: 12:35pm On Oct 29, 2022
FTC for the first time . APC and the APC CBN governor are confused and useless as all APC members and promises.

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Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by Broveens42(m): 12:38pm On Oct 29, 2022
Aso Rock has no one in charge as we speak..

1 Like

Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by Munamoqel: 12:40pm On Oct 29, 2022
Azeemokoya:
Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed, has distanced herself and the FG from the proposed naira redesign.

The planned redesign had been announced by the Central Bank of Nigeria governor, Mr. Godwin Emefiele, over 48 hours ago.

The Minister, who disowned the policy, stated that it does not receive the blessing of the Ministry of Finance. She also warned of the dire consequences if the CBN goes ahead to implement the redesign policy.

Ms. Ahmed, on Friday, spoke on the policy when she appeared before the Senate Committee on Finance for the 2023 budget defence of the ministry. While responding to questions from Senator Michael Opeyemi Bamidele representing Ekiti Central Senatorial district, she maintained that the policy may be good, but coming at the wrong time.

Opeyemi said the pronouncement may have triggered a rise in naira to US dollars in terms of value. He stated that naira has jumped from N740 to N788 to a US dollar due to rush in exchange of stashed funds.

https://newsroundtheclock.com/fg-distances-self-from-naira-redesign-warns-cbn-of-consequences/
which brains aboki get to run finance ministry .

1 Like

Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by Penguin2: 12:42pm On Oct 29, 2022
Foolish and hungry blogger with empty brain.

CBN is an independent body and the Finance Minister cannot dictate for it.

Those who have packed money to bribe electorates will cry blood.

Ndi ala!

3 Likes

Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by chosengocap: 12:46pm On Oct 29, 2022
It's an agenda for forcing people to the E-Naira. They're unifying cards by January, so they need to mop up cash in safe houses and the millions in people's houses so they give you digital currency and move you to the E-Naira.

This is the only way they can do it. Ask you to bring in your ₦100m cash to change it and they would credit your account with the digital value and not let you withdraw it in cash again.... Maybe only ₦5-10m cash per tranche. And if you keep withdrawing it in trickles they will flag you.

This is all about control and WEF agenda. Nigeria doesn't own it's Central Bank.

This is all to change over to the DUSD (Digital USD). They want to allign all currencies digitally. They are destroying the USD next year to renominate it like the Ghana currency and change the value of the Dollar.

Don't all be decieved, it's all a Grand plot to control everyone. That's what the Ukraine-Russia war and Taiwan instigation for China to invade. They can't have a unified digital currency if those 2 don't fall. Also Europe Next year is going to be crippled. That's why UK needed a new PM in Rishi Sunak was chosen. To usher this system into place for the UK.

It's all for WEF agenda 2030. You own nothing and be happy!

How else will you own nothing and be happy? Only by crashing and seizing all your rights to your money and controlling how you use it.

3 Likes

Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by manuelkel(m): 12:46pm On Oct 29, 2022
sad
Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by sharpwriter(m): 1:15pm On Oct 29, 2022
In short, even the CBN governor can act with impunity and do things singlehandedly in this country without presidential approval. angry sad
Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by Mystic216: 2:00pm On Oct 29, 2022
These people are never straightforward
Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by gift2xl: 2:25pm On Oct 29, 2022
This means their is no president.
Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by Imemine: 4:05pm On Oct 29, 2022
..
Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by LordviccoDaGuru(m): 4:28pm On Oct 29, 2022
Nice one
Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by orisa37: 5:42pm On Oct 29, 2022
Good.
Stop circulating Foreign CURRENCIES anywhere in NIGERIA.
Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by Kingspin(m): 5:43pm On Oct 29, 2022
Who is FG?
Re: FG Distances Self From Naira Redesign, Warns CBN Of Consequences by orisa37: 5:52pm On Oct 29, 2022
DSS SHOULD GO TO THE HOUSES OF THESE TOP POLITICIANS AND GOVERNMENT OFFICIALS AND IF FOREIGN CURRENCIES ARE FOUND WITH THEM, THEY SHOULD BE ARRESTED AND PROSECUTED

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