{"id":246160,"date":"2023-02-02T13:46:33","date_gmt":"2023-02-02T12:46:33","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=246160"},"modified":"2023-02-02T13:47:55","modified_gmt":"2023-02-02T12:47:55","slug":"why-presidential-candidates-are-not-affected-by-naira-scarcity-kwankwaso","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2023\/02\/02\/why-presidential-candidates-are-not-affected-by-naira-scarcity-kwankwaso\/","title":{"rendered":"Why presidential candidates are not affected by naira scarcity \u2013 Kwankwaso"},"content":{"rendered":"

Rabiu Kwankwaso, presidential candidate of the New Nigeria Peoples Party (NNPP), says his contemporaries can’t relate with the hardship Nigerians are going through because of the naira scarcity. <\/p>\n

In October 2022, Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), announced the plan to redesign the N200, N500, and N1,000 notes, and asked Nigerians to deposit their old notes before January 31, 2023, when they would cease to be legal tender.<\/p>\n

Though the deadline has been shifted to February 10, many Nigerians have found it difficult to obtain the new naira notes.<\/p>\n

Speaking on Sunrise Daily, a Channels Television programme, on Thursday, Kwankwaso<\/a> said politicians, particularly candidates in the next month\u2019s elections, are not affected by the naira redesign policy because \u201cthey are owners of banks\u201d.<\/p>\n

The former governor of Kano said the elite have an influence on banks in the states, and would not feel any impact of the scarcity of currency.<\/p>\n

\u201cWe in the NNPP are not comfortable with the three months and even the 10 days they are talking about. Many people who are in Abuja who are in the comfort of their offices or homes wouldn\u2019t understand what is happening outside there,\u201d Kwankwaso said.<\/p>\n

\u201cWhat the government is saying has to do with people who would want to take too much money, like leaders and politicians. They don\u2019t know that many of our colleagues, those who are contesting, especially the presidential candidates, and by extension all those in their parties are owners of the banks.<\/p>\n

\u201cAnd not only that, people close to them have banks everywhere. So, they will lose nothing. PDP has governors, and APC has governors. Governors by now would have collected so much money from the banks in their states.<\/p>\n

\u201cIf their friends have got banks, I\u2019m sure one or two of them may have banks or own large shares in some of these banks.<\/p>\n

\u201cSome people in politics may for some strategic reasons be complaining but those complaining I believe is just a gimmick, I don\u2019t believe that they mean it. We believe they don\u2019t have issues.\u201d<\/p>\n

Recall that Bola Tinubu, the presidential candidate of the All Progressives Congress (APC), said the naira redesign and lingering petrol scarcity were planned by saboteurs to deter his victory at the forthcoming elections.<\/p>\n","protected":false},"excerpt":{"rendered":"

Rabiu Kwankwaso, presidential candidate of the New Nigeria Peoples Party (NNPP), says his contemporaries can’t relate with the hardship Nigerians are going through because of the naira scarcity. In October 2022, Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), announced the plan to redesign the N200, N500, and N1,000 notes, and asked Nigerians […]<\/p>\n","protected":false},"author":39,"featured_media":211743,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"custom","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"single-left","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"floatbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored 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