Peter Obi Reveals The Advantage Of Naira Redesign | READ DETAILS

Obi noted that currency redesign which he said is not peculiar to Nigeria, comes with inconveniences, however, it has significant long term economic and social benefit.

He charged the CBN to make improvement and ensure that it liaise with banks to make the currency available to Nigerians.

Peter Obi wrote on his social media handle;

The currency redesign is not peculiar to Nigeria. It is an exercise that comes with some inconvenience and pain but it has significant long term economic and social benefits. Even though there are improvements that can be made, I urge Nigerians to bear with the Central Bank of Nigeria (CBN) and Federal Government with the hope that the general populace and Nigeria will harvest the gains that will come with the reforms.

We equally implore the CBN and the banks to expedite efforts to make the new currency available to small depositors and the unbanked in order to reduce the pains of my fellow Nigerians, especially the underprivileged and those living far away from banks in the rural areas.