President Muhammadu Buhari has apologized to Nigerians over the naira redesign policy.
He emphasized that the policy wasn’t introduced to make life difficult but rather to boost the economy.
The President made this clarification in a video clip uploaded on Twitter by the governorship candidate of the All Progressives Congress (APC) in Kaduna state, Uba Sani, on Thursday.
“I apologise to you for the hardship caused by the change of the naira.
“It was done to boost the economy of the country, not to cause hardship to anybody,” the President said.
InsideOjodu recalls that Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), announced the redesign of the N200, N500, and N1,000 notes in October 2022.
The apex bank also announced that February 10 would be the final day for using old naira notes, which led to a shortage of the currency.