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Naira redesign policy frustrates terrorists’ activities in North East – Army

Afolabi Hakim by Afolabi Hakim
February 22, 2023
in National
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Maj-Gen. Ibrahim Salihu Ali, the Theatre Commander, North East Joint Task Force, Operation Hadin Kai (OPHK), has said that the recent naira redesign policy by the Central Bank of Nigeria (CBN) has strangled terrorists’ activities in the North East.

Ali disclosed this while answering questions from members of the Borno State Correspondent Chapel of the Nigeria Union of Journalists (NUJ) on the hardship brought by the new cash swap policy, during an interactive session at the OPHK headquarters in Maiduguri, on Tuesday.

“On the money swap issue, I think it’s a good policy, it’s helping, and you can see of course the issue of kidnapping since the implementation of the policy has drastically reduced.

“On the part of the terrorists, what we are getting now is some of them are kidnapping people in these areas forcing them to give them ransom in cash and foodstuff because they don’t have access to these things. So, it’s a very good policy that needs to be sustained,” he said.

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On the video making rounds on social media of terrorists threatening to attack people on election day, the commandant said they were aware of it and would be countered by the operation.

He said such videos were not unexpected from the terrorists when big events like elections are taking place. Ali called for more collaboration with the media to tackle the Boko Haram insurgency and other forms of terrorism in the country.

The state chairman of NUJ, Dauda Illiya, thanked the military for engaging the media while calling on them to sustain the cordial relationship.

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