Zainab Shamsunna Ahmad in circulation from December 15, 2022, the Minister of Finance, Budget and National Planning, Zainab Ahmad, has disowned the policy.
“To me, the policy may be a well-conceived one but the timing going by the realities on the ground is very wrong as the naira may fall to as low as N1,000 to a US dollar before January 31, 2023, fixed for full implementation of the policy,” he said. “I will, however, appeal to this committee to invite the CBN governor for required explanations as regards merits of the planned policy and rightness or otherwise of its implementation now.”
Meliga said the move was a welcome development, adding that it would help to stop vote buying and other vices in the country.
Funny woman! Let the CBN do that as soon as possible. Whatever the consequences,we are surviving the inhuman time of APC and we survive whatever will come. Let her keep her sympathy for those of them that their illicit money will no longer be of use to them again. Good move CBN.
Some ideas are borne just to loot.....redesigning of the naira can never make it almost equal with the dollar....why are these people very egocentric....the economy is not driving, price of goods on high side, security is nothing, and all they think is redesigning of naira